Paychex It Solutions India Private Limited - Company Profile

It is a information technology foreign private limited company based in Bangalore, Karnataka, India, established in 2008.
2008 Bangalore, Karnataka, India Active
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About Paychex It Solutions India Private Limited

Paychex It Solutions India Private Limited, a active foreign private limited company, was established on 01 December 2008 in Bangalore, Karnataka, India. Engaging in it consulting & support services within the professional, scientific and technical sector, it holds CIN: U72200KA2008FTC048467. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.10 M.

Formerly known as Nettime Solutions India Private Limited, Paychex It Solutions India Private Limited. It upholds a compliant status. Employing 866 professional, Its leadership includes Vinoy James (Whole-Time Director), Liju Jacob John (Director), Jay Jimenez (Additional Director). Past directors included Bahan Sadegh, Thomas John Klitzke, William Gerard Purcell. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at Primeco Spectrum, 2Nd Flr. Primeco Towers, Arekere Gate Bannerghatta Main Rd Pandur, Anga Nagar, Bangalore, Karnataka, 560076.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U62090KA2008FTC048467

  • Registration Number

    048467

  • Incorporation Date

    01 December 2008

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 17 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** 96.57%
  • Profit Growth **** 100.91%
  • Ebitda **** 160.55%
  • Net Worth 85.74%
  • Total Assets **** 21.31%
Company report

Paychex It Solutions India Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Paychex It Solutions India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Paychex It Solutions India Private Limited?
Current Directors
Name Designation Appointment Date Status
Vinoy James Whole-Time Director 24 Sep 2018 Current
Liju Jacob John Director 09 Feb 2024 Current
Jay Jimenez Additional Director 21 May 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 07 Jun 2018 Past
Pramod Abcsdd Director 07 Jun 2018 Past
Pramod Abcsdd Additional Director 24 Sep 2018 Past
Pramod Abcsdd Director 16 Aug 2021 Past
Pramod Abcsdd Additional Director 06 Jun 2018 Past
Pramod Abcsdd Additional Director 24 Sep 2023 Past

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Financial Performance of Paychex It Solutions India.

Paychex It Solutions India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 96.57% increase. The company also saw a substantial improvement in profitability, with a 100.91% increase in profit. The company's net worth Soared by an impressive increase of 85.74%.

Paychex It Solutions India revenue growth over time
Paychex It Solutions India profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 96.57%
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*******
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Revenue from Operations
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 96.47%
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*******
*******
*******
Total Assets
*******
 21.31%
*******
*******
*******
*******
Profit or Loss
*******
 100.91%
*******
*******
*******
*******
Net Worth
*******
 85.74%
*******
*******
*******
*******
EBITDA
*******
 160.55%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Paychex It Solutions India?

In 2023, Paychex It Solutions India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Paychex It Solutions India?

Paychex It Solutions India has a workforce of 866 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paychex It Solutions India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Paychex It Solutions India's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Paychex It Solutions India
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Paychex It Solutions India Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was documented.

  • Director Appointment

    Jay Jimenez was appointed as a Additional Director was appointed as a Additional Director on 21 May 2025 & has been associated with this company since 9 months 11 days . was recorded as a recent event.

  • Balance Sheet

    Paychex It Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    Liju Jacob John was appointed as a Director was appointed as a Director on 09 Feb 2024 & has been associated with this company since 2 years 21 days . was recorded as a recent event.

  • Director Appointment

    Vinoy James was appointed as a Whole-time director was appointed as a Whole-time director on 24 Sep 2018 & has been associated with this company since 7 years 5 months . was recorded as a recent event.

  • Company Incorporation

    Progress on Paychex It Solutions India Private Limited was registered on 01 Dec 2008 with Roc Bangalore & aged 17 years 3 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Paychex It Solutions India Private Limited?

The CIN of Paychex It Solutions India Private Limited is U62090KA2008FTC048467.

Where is Paychex It Solutions India Private Limited headquartered?

Paychex It Solutions India Private Limited is headquartered at Primeco Spectrum, 2Nd Flr. Primeco Towers, Arekere Gate Bannerghatta Main Rd Pandur, Anga Nagar, Bangalore, Karnataka, 560076.

When was Paychex It Solutions India Private Limited incorporated?

Paychex It Solutions India Private Limited was incorporated on 01 December 2008.

Who are the current directors of Paychex It Solutions India Private Limited?

The current directors of Paychex It Solutions India Private Limited are

What is the primary industry of Paychex It Solutions India Private Limited?

The primary industry of Paychex It Solutions India Private Limited is Professional, Scientific And Technical.

Is Paychex It Solutions India Private Limited a listed company?

Paychex It Solutions India Private Limited is unlisted.

What is the capital structure of Paychex It Solutions India Private Limited?

The authorized capital of Paychex It Solutions India Private Limited is ₹0.50 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Paychex It Solutions India Private Limited?

The compliance status of Paychex It Solutions India Private Limited is Compliant.

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