Pay Point India Network Private Limited

Pay Point India Network Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2005PTC156130 Incorporated 16 September 2005 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services MSME · Medium
Data last updated
Revenue · FY 2025
₹201.94 Cr
▲ 32% YoY
Net profit · FY 2025
₹7.72 Cr
Net margin 3.8%
EBITDA · FY 2025
₹15.78 Cr
EBITDA margin 7.8%
Authorised capital
₹35 Cr
Registered with MCA
Paid-up capital
₹28.54 Cr
Issued & subscribed
Open charges
₹31.84 Cr
Satisfied ₹30.41 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
157
Provident fund records

About Pay Point India Network Private Limited

Data last updated:

Pay Point India Network Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 16 September 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2005PTC156130. Its GSTIN is 27AADCP6881A1ZF (Maharashtra).

The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹28.54 Cr. It was formerly known as Pay Point India Network Limited. It is led by directors including Ketan Chandravadan Doshi (Managing Director) and Pradip Chandrakant Mehta.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 203 2nd Floor A Wing Supreme City Supreme Business Park, Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹201.94 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹7.72 Cr (net margin 3.8%) and EBITDA of ₹15.78 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 28% over five years.

The company has about 157 employees on its provident fund (EPFO) records.

The company is associated with 3 brands: PayPointZ, Pay Point India and Digi Khata. As per MCA filings, the company has open charges of ₹31.84 Cr and satisfied charges of ₹30.41 Cr on record. Court records list 10 cases involving the company, including 4 filed by the company and 6 filed against it; 3 cases are pending. The company has 22 deals on record (18 funding rounds, 4 secondary share transfers), with disclosed funding of ₹70.13 Cr; the latest was in March 2025. Its 10 peer companies in the BFSI industry (Payment Solution Providers) are compared by revenue, 5 larger and 5 smaller; the largest is Skymit Rechargewale Private Limited with revenue of ₹239.94 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 38 overdue payments to 15 micro and small suppliers.

Pay Point India Network Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0006100). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paypointindia.com.

Company Details of Pay Point India Network Private Limited
CIN U74999MH2005PTC156130
Registration Number 156130
Incorporation Date 16 September 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0006100

Recognitions & Rankings of Pay Point India Network

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-19-0006100
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Apps
  • Registered Address
    203 2nd Floor A Wing Supreme City Supreme Business Park Hiranandani Gardens Behind Lake Cas, Tle Powai, Mumbai, Maharashtra, India – 400076
  • Industry
    Financial Services, Digital Payment Solutions
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Financials, compliance, directors, charges, ownership and filings for Pay Point India Network Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Pay Point India Network Private Limited

Pay Point India Network operates multiple associated brands including PayPointZ, Pay Point India, and Digi Khata. Each brand links to its own profile.

BrandDescriptionWebsite
Offers online services for electricity, gas, and mobile bill payments in India.paypointz.com
Digital financial and retail services are provided via agent networks.paypointindia.com
The platform offers digital financial servicesdigikhata.in

Business Activity of Pay Point India Network Private Limited

The main business activity of Pay Point India Network is support service to organizations. In detail, this covers other support services to organizations.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
NSupport service to OrganizationsN7Other support services to organizationsLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Pay Point India Network Private Limited FY 2024 filings available

Pay Point India Network Private Limited reported revenue of ₹201.94 Cr (up 32% YoY) for FY 2025.

Revenue · FY 2025
₹201.94 Cr ▲ 32%
Net profit · FY 2025
₹7.72 Cr margin 3.8%
EBITDA · FY 2025
₹15.78 Cr margin 7.8%

Compounded Annual Growth Rate (CAGR) of Pay Point India Network Private Limited

Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 21%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 4%
5 years · compounded
▲ 18%

Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 32% growth in the latest year. EBITDA rose 16% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary of Pay Point India Network Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹15.78 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹7.72 Cr••••••••••••••••
Balance Sheet
Share Capital••••••••••••••••••••
Reserves and Surplus••••••••••••••••••••
Net Worth (Total Equity)••••••••••••••••••••
Long-term Borrowings••••••••••••••••••••
Short-term Borrowings••••••••••••••••••••
Trade Payables••••••••••••••••••••
Total Liabilities••••••••••••••••••••
Fixed Assets••••••••••••••••••••
Investments••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of Pay Point India Network Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.8%••••••••••••••••
Net Profit Margin3.8%••••••••••••••••
Return on Equity (ROE)••••••••••••••••••••
Return on Capital Employed (ROCE)••••••••••••••••••••
Return on Assets (ROA)••••••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••••••
Quick Ratio••••••••••••••••••••
Debt-to-Equity Ratio••••••••••••••••••••
Interest Coverage Ratio••••••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••••••
Receivable Days••••••••••••••••••••
Payable Days••••••••••••••••••••
Inventory Days••••••••••••••••••••
Revenue Growth••••••••••••••••••••
Net Profit Growth••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Pay Point India Network are in the company report.

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Board of Directors of Pay Point India Network Private Limited

Pay Point India Network has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ketan Chandravadan DoshiManaging Director20 Mar 200719 Years 7 MonthsCurrent
Pradip Chandrakant MehtaDirector20 Mar 200719 Years 7 MonthsCurrent
Rajeev LalDirector03 Feb 20224 Years 8 MonthsCurrent
Arnav PatelDirector23 Jan 20242 Years 8 MonthsCurrent

Peer Comparison of Pay Point India Network Private Limited

Pay Point India Network Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Payment Solution Providers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Skymit Rechargewale Private Limited₹239.94 Cr (FY 2023)••••••••21.0%••••Ahmedabad, Gujarat, India
Parnav Online Solutions Private Limited₹237.81 Cr (FY 2025)••••••••18.0%••••Kurukshetra, Haryana, India
Indmoney Tech Private Limited₹213.43 Cr (FY 2025)••••••••67.0%••••Gurugram, Haryana, India
Phonomania E-Commerce Private Limited₹204.87 Cr (FY 2025)••••••••3.0%••••Ahmednagar, Maharashtra, India
Ap Money Private Limited₹203.5 Cr (FY 2025)••••••••48.0%••••Malegaon, Maharashtra, India
Pay Point India Network Private Limited this company₹201.94 Cr (FY 2025)••••••••32.0%••••Mumbai, Maharashtra, India
Payu Digital Labs Private Limited₹198.44 Cr (FY 2025)••••••••-9.0%••••Bangalore, Karnataka, India
Valtique Fintech Private Limited₹194.43 Cr (FY 2025)••••••••95.0%••••New Delhi, Delhi, India
Ikeda Limited₹189.92 Cr (FY 2025)••••••••277.0%••••New Delhi, Delhi, India
Oye Messenger Limited₹185.84 Cr (FY 2025)••••••••38.0%••••Navi Mumbai, Maharashtra, India
Network People Services Technologies Limited Listed₹180.62 Cr (FY 2025)••••••••39.0%••••Thane, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Pay Point India Network by revenue in the BFSI industry (Payment Solution Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Pay Point India Network Private Limited

Pay Point India Network Private Limited is audited by Vakilna and Co for the financial year 2024.

NameStatusAppointment DateCessation Date
Vakilna and CoLockedLockedLocked
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Ownership and Shareholding of Pay Point India Network Private Limited

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Charges & Borrowings of Pay Point India Network Private Limited

Open charges
₹31.84 Cr
Satisfied charges
₹30.41 Cr
Breakdown by lending institutions
Axis Bank Limited₹31.83 Cr
Others₹0.01 Cr
Latest charge details
DateLenderAmountStatus
15 Apr 2025Axis Bank Limited₹66 LakhOpen
06 Mar 2024Axis Bank Limited₹31.17 CrOpen
18 Mar 2021Others₹1 LakhOpen
25 Nov 2021Others₹5.4 CrSatisfied
15 Nov 2021Others₹1.54 CrSatisfied

Total charge records: 11 View all charges

Deals & Funding of Pay Point India Network Private Limited

Pay Point India Network Private Limited has 22 deals on record (18 funding rounds, 4 secondary share transfers), with disclosed funding of ₹70.13 Cr; the latest was in March 2025.

Total deals
22
Funding rounds
18
Secondary share transfers
4
Disclosed funding
₹70.13 Cr

Deals on record (5 of 22)

WhenDealAmountParties
Jan 2025Funding round₹34.31 CrInvestors: Yantra Esolarindia Private Limited , 2 individuals
Feb 2023Secondary share transferUndisclosedBuyer: Demsel Developers LLP , Ambe Bhavani Mercantile Private Limited , an individual
Seller: JMD Medico Services Limited
Dec 2022Secondary share transferUndisclosedBuyer: 3 individuals
Seller: JMD Medico Services Limited
Mar 2020Funding round₹4.2 CrInvestors: JMD Medico Services Limited , 3 individuals
Dec 2016Funding round₹1.78 CrInvestors: 4 individuals
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MSME Payment Delays by Pay Point India Network Private Limited

Pay Point India Network Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 38 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 15)

SupplierAmount dueDue sinceReported on
M2p Solutions Private Limited••••••••••••
an individual supplier••••••••••••
an individual supplier••••••••••••
an individual supplier••••••••••••
an individual supplier••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Pay Point India Network Private Limited

Pay Point India Network Private Limited has a workforce of 157 employees as of Apr 06, 2024.

Employee count
157
Active EPFO establishments
1
Employee growth
23.62%
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Recent Activity on Pay Point India Network Private Limited

Pay Point India Network Private Limited has 15 board changes on record since 2007: 4 appointments and 11 cessations. The latest: Arnav Patel ceased to be Additional Director on 29 Sep 2024.

Charges
A charge with Axis Bank Limited amounted to Rs. 0.66 Cr with Charge ID 101090322 was registered on 15 Apr 2025.
Charges
A charge with Axis Bank Limited of Rs. 31.17 Cr registered on 06 Mar 2024 with Charge ID 100892417 was modified on 31 Jan 2025.
AGM
Pay Point India Network Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Arnav Patel ceased to be Additional Director.
Charges
A charge registered on 03 Dec 2016 via Charge ID 100068135 with Others was fully satisfied on 09 May 2024.
Charges
A charge registered on 19 May 2016 via Charge ID 100036069 with Others was fully satisfied on 09 May 2024.
Charges
A charge registered on 29 Apr 2015 via Charge ID 10569392 with Icici Bank Limited was fully satisfied on 09 May 2024.
Charges
A charge registered on 25 Nov 2021 via Charge ID 100507758 with Others was fully satisfied on 02 Apr 2024.
Charges
A charge registered on 15 Nov 2021 via Charge ID 100516714 with Others was fully satisfied on 01 Apr 2024.
Charges
A charge registered on 11 Nov 2019 via Charge ID 100304130 with Others was fully satisfied on 01 Apr 2024.
Filing
Pay Point India Network Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Axis Bank Limited amounted to Rs. 31.17 Cr with Charge ID 100892417 was registered on 06 Mar 2024.

28 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Pay Point India Network Private Limited

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Subsidiaries & Group Companies of Pay Point India Network Private Limited

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GST Compliance of Pay Point India Network Private Limited

Pay Point India Network has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCP6881A1ZFMaharashtraActive01 Jul 2017
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MCA Filings & Documents of Pay Point India Network Private Limited

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Frequently Asked Questions about Pay Point India Network Private Limited

Pay Point India Network is an active private limited company based in Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 16 September 2005 (21+ years old) and is registered under CIN U74999MH2005PTC156130.

Pay Point India Network reported revenue of ₹201.94 Cr for FY 2025 (up 32% YoY).

Pay Point India Network has 4 current directors:

Pay Point India Network reported a net profit of ₹7.72 Cr (net margin 3.8%) and EBITDA of ₹15.78 Cr (EBITDA margin 7.8%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Pay Point India Network is 21% over three years and 28% over five years. In the latest year (FY 2025) revenue rose 32%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Pay Point India Network is 27AADCP6881A1ZF, registered in Maharashtra.

The CIN (Corporate Identification Number) of Pay Point India Network is U74999MH2005PTC156130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Pay Point India Network has 10 court cases on record: 4 filed by the company and 6 filed against it. 3 are pending. Most are in the district courts.

Pay Point India Network was incorporated on 16 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.

Pay Point India Network has 22 deals on record (18 funding rounds, 4 secondary share transfers), with disclosed funding of ₹70.13 Cr; the latest was in March 2025.

The peers of Pay Point India Network by revenue are Skymit Rechargewale Private Limited, Parnav Online Solutions Private Limited, Indmoney Tech Private Limited, Phonomania E-Commerce Private Limited, Ap Money Private Limited and 5 more, all in the BFSI industry (Payment Solution Providers).

Arnav Patel ceased to be Additional Director on 29 Sep 2024. Arnav Patel was appointed as Director on 23 Jan 2024. Mahendra Vinayak Vichare ceased to be Director on 12 Dec 2022. Pay Point India Network has 15 board changes on record in total.

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