
Pay2cart Private Limited
About Pay2cart Private Limited
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Pay2cart Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the diversified business activities segment of the business services sector. It was incorporated on 22 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC291520. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Venkat Manik Reddy and Rahul Dattu Regoti.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 203 2nd Flr Rizvi Mahal Off Water Field Road, Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2020, the company reported a revenue of ₹29.76 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹5.58 Lakh (net margin -18.7%) and EBITDA of -₹1.17 Lakh (EBITDA margin -3.9%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Pay2cart
Contact details
Pay2cart Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Social Media
- Registered Address203 2nd Flr Rizvi Mahal Off Water Field Road, Mumbai, Maharashtra, India – 400050
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Pay2cart Private Limited, buy the company report.
- 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
Business activity
The main business activity of Pay2cart is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Pay2cart Private Limited, buy the company report.
Financials of Pay2cart Private Limited
FY 2020 filings availablePay2cart Private Limited reported revenue of ₹29.76 Lakh (down 69% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 69% in the latest year. EBITDA rose 98% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹29.76 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.17 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹5.58 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
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| Inventories | ||||
| Trade Receivables | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -3.9% | |||
| Net Profit Margin | -18.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Pay2cart Private Limited, buy the company report.
Board of directors of Pay2cart Private Limited
Pay2cart has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkat Manik Reddy | Director | 22 Feb 2017 | 9 Years 8 Months | Current |
| Rahul Dattu Regoti Also directs: White Feather Nidhi Limited | Director | 18 Apr 2023 | 3 Years 6 Months | Current |
Legal cases
No court or tribunal cases involving Pay2cart Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pay2cart Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pay2cart has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pay2cart Private Limited, buy the company report.
Recent activity
Pay2cart Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Pooja Paresh Desai ceased to be Director on 18 Apr 2023.
Frequently asked questions
Pay2cart is an active private limited company based in Mumbai, Maharashtra, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 22 February 2017 (9+ years old) and is registered under CIN U74999MH2017PTC291520.
Pay2cart has 2 current directors:
- Venkat Manik Reddy - Director
- Rahul Dattu Regoti - Director
The latest financial statements of Pay2cart on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2017 are in the company report.
No. Pay2cart has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Pay2cart is U74999MH2017PTC291520. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pay2cart was incorporated on 22 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Pooja Paresh Desai ceased to be Director on 18 Apr 2023. Rahul Dattu Regoti was appointed as Director on 18 Apr 2023. Venkat Manik Reddy was appointed as Director on 22 Feb 2017.
Yes, Pay2cart is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Pay2cart is at 203 2nd Flr Rizvi Mahal Off Water Field Road, Mumbai, Maharashtra, India – 400050.
Pay2cart operates in the business services industry, in the miscellaneous business activities segment.