- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0006100

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.
Recognitions & Rankings of Pay Point India Network
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered Address203 2nd Floor A Wing Supreme City Supreme Business Park Hiranandani Gardens Behind Lake Cas, Tle Powai, Mumbai, Maharashtra, India – 400076
- IndustryFinancial Services, Digital Payment Solutions
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
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.
| Brand | Description | Website |
|---|---|---|
| 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 services | digikhata.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 Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
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.
Compounded Annual Growth Rate (CAGR) of Pay Point India Network Private Limited
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.8% | •••• | •••• | •••• | •••• |
| 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.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketan Chandravadan Doshi Also directs: Winwin Securities Private Limited | Managing Director | 20 Mar 2007 | 19 Years 7 Months | Current |
| Pradip Chandrakant Mehta | Director | 20 Mar 2007 | 19 Years 7 Months | Current |
| Rajeev Lal | Director | 03 Feb 2022 | 4 Years 8 Months | Current |
| Arnav Patel | Director | 23 Jan 2024 | 2 Years 8 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vakilna and Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Pay Point India Network Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Pay Point India Network Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Apr 2025 | Axis Bank Limited | ₹66 Lakh | Open |
| 06 Mar 2024 | Axis Bank Limited | ₹31.17 Cr | Open |
| 18 Mar 2021 | Others | ₹1 Lakh | Open |
| 25 Nov 2021 | Others | ₹5.4 Cr | Satisfied |
| 15 Nov 2021 | Others | ₹1.54 Cr | Satisfied |
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.
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Funding round | ₹34.31 Cr | Investors: Yantra Esolarindia Private Limited , 2 individuals |
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: Demsel Developers LLP , Ambe Bhavani Mercantile Private Limited , an individual Seller: JMD Medico Services Limited |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: JMD Medico Services Limited |
| Mar 2020 | Funding round | ₹4.2 Cr | Investors: JMD Medico Services Limited , 3 individuals |
| Dec 2016 | Funding round | ₹1.78 Cr | Investors: 4 individuals |
Full deal history
All 22 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Pay Point India Network Private Limited
Pay Point India Network Private Limited has 10 court cases on record: 4 filed by Pay Point India Network, 6 filed against it. 3 cases are pending and 7 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 6 | 2 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Union of India | Pending |
| District court, Calcutta, West Bengal | Revision petition | Filed by the company against State of West Bengal | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed against the company by Income Tax Department | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Dhule, Maharashtra | Criminal miscellaneous application | Filed against the company by Royal Venture | Disposed |
Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| M2p Solutions Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
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 and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
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.
28 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pay Point India Network Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Pay Point India Network Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Pay Point India Network Private Limited
Pay Point India Network has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP6881A1ZF | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Pay Point India Network Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Pay Point India Network Private Limited
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:
- Ketan Chandravadan Doshi - Managing Director
- Pradip Chandrakant Mehta - Director
- Rajeev Lal - Director
- Arnav Patel - Director
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.