Payce Business Solutions Private Limited
About Payce Business Solutions Private Limited
Data last updated:
Payce Business Solutions Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the retail trade segment of the trading and commerce sector. It was incorporated on 04 August 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2008PTC185430. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.97 Cr. It was led by directors Manoj Jain and Ganesan Ramasubramanian.
Its last annual general meeting (AGM) was held on 16 May 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 4th Floor Bharat Insurance Building 15 – A Horniman Circle Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2017, the company reported a revenue of ₹21.39 Lakh. For the same year it recorded a net loss of ₹51.09 Lakh (net margin -238.9%) and EBITDA of -₹50.03 Lakh (EBITDA margin -233.9%).
Company details
Contact details
Payce Business Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4th Floor Bharat Insurance Building 15 – A Horniman Circle Fort, Mumbai, Maharashtra, India – 400001
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Payce Business Solutions 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 Payce Business Solutions 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 Payce Business Solutions Private Limited, buy the company report.
Financials of Payce Business Solutions Private Limited
FY 2022 filings availablePayce Business Solutions Private Limited reported revenue of ₹21.39 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹21.39 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹50.03 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹51.09 Lakh | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -233.9% | ||
| Net Profit Margin | -238.9% | ||
| 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 | |||
To see the full financial statements and ratios of Payce Business Solutions Private Limited, buy the company report.
Board of directors of Payce Business Solutions Private Limited
Payce Business Solutions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Jain Also directs: Visar Plastic Industries Pvt Ltd, Visar Construction Private Limited, Shamrock Impex Pvt Ltd and 5 more | Director | 27 Nov 2009 | 16 Years 11 Months | As last reported |
| Ganesan Ramasubramanian Also directs: Visar Plastic Industries Pvt Ltd, Visar Construction Private Limited, Shamrock Impex Pvt Ltd and 3 more | Director | 27 Nov 2009 | 16 Years 11 Months | As last reported |
Auditor
Payce Business Solutions Private Limited is audited by C D JHAMB & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C D JHAMB & CO | FY 2017 | 31069 |
Shareholding
The shareholding of Payce Business Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Payce Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Payce Business Solutions 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 Payce Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Payce Business Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Payce Business Solutions Private Limited, buy the company report.
Recent activity
Payce Business Solutions Private Limited has 8 board changes on record since 2009: 2 appointments and 6 cessations. The latest: Ashish Subhash Dandekar ceased to be Director on 17 Jun 2022.
Frequently asked questions
Payce Business Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Payce Business Solutions was a private limited company based in Mumbai, Maharashtra, India. The company worked in retailers, within the trading industry. It was incorporated on 04 August 2008 and is registered under CIN U74140MH2008PTC185430. The company has been struck off by the Registrar of Companies and is no longer operational.
Payce Business Solutions had 2 directors:
- Manoj Jain - Director
- Ganesan Ramasubramanian - Director
The CIN (Corporate Identification Number) of Payce Business Solutions is U74140MH2008PTC185430. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Payce Business Solutions is at 4th Floor Bharat Insurance Building 15 – A Horniman Circle Fort, Mumbai, Maharashtra, India – 400001.
Payce Business Solutions was incorporated on 04 August 2008. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Payce Business Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 16 May 2022. Year-wise statements from 2015 are in the company report.
No. Payce Business Solutions has 1 GST registration on record and it is cancelled or inactive.
Payce Business Solutions operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.
Ashish Subhash Dandekar ceased to be Director on 17 Jun 2022. Nirmal Vinod Momaya ceased to be Director on 17 Jun 2022. Armaan Jain ceased to be Director on 22 Apr 2013. Payce Business Solutions has 8 board changes on record in total.