Paycraft Solutions Private Limited Company Logo

Paycraft Solutions Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2013.

2013 | Mumbai, Maharashtra, India | Active
Last Updated:

About Paycraft Solutions Private Limited

Paycraft Solutions Private Limited, a active private limited company, was established on 12 September 2013 in Mumbai, Maharashtra, India. Engaging in digital payment solutions within the information and communication sector, it holds CIN: U72200MH2013PTC283149. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.20 Cr and a paid-up capital of ₹1.03 Cr.

It upholds a compliant status. Employing 183 professional, Its leadership includes Palakunnath Thekkadancheri Suresh (Director), Sunil Kaushal (Director), Pankaj Ganguly (Director). Past directors included Venugopal Rangarajan Rangachari, Amul Vijaykumar Mutha, Sujith Krishnan Nair. It holds ₹27.97 Cr open charges and ₹18.80 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Office. No-B-1103, Kailas Business Park, 11Th Floor, Veer Savarkar Marg, Vikhroli, West,, Mumbai, Maharashtra, 400079.

Company Details

  • CIN/LLPIN

    U72200MH2013PTC283149

  • Registration Number

    283149

  • Incorporation Date

    12 September 2013

  • Authorized Capital

    ₹1.20 Cr

  • Paid-Up Capital

    ₹1.03 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 1.03 Cr
  • Company Age 12 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 27.97 Cr
  • Satisfied Charges ₹ 18.80 Cr
  • Revenue Growth -22.60%
  • Profit Growth -17.77%
  • Ebitda 6686.93%
  • Net Worth 6.54%
  • Total Assets 34.64%
Company report

Paycraft Solutions Private Limited

Company Report FY 2025-2026

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

Access Report Banner Element

Who are the key members and board of directors at Paycraft Solutions Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Palakunnath Thekkadancheri SureshDirector01 Apr 2014Current
Sunil KaushalDirector01 Sep 2022Current
Pankaj GangulyDirector01 Sep 2022Current
Ambarish ParekhManaging Director01 Jul 2022Current
Ravi Vinod JainDirector12 Sep 2013Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2017Past
Pramod AbcsddDirector27 Dec 2021Past
Pramod AbcsddDirector02 Jul 2018Past
Pramod AbcsddDirector11 Feb 2021Past
Pramod AbcsddDirector31 Aug 2022Past
Pramod AbcsddDirector01 Apr 2014Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Paycraft Solutions.

Paycraft Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.6% decrease. The company also saw a substantial fall in profitability, with a 17.77% decrease in profit. The company's net worth moved up by a moderate rise of 6.54%.

Paycraft Solutions revenue growth over time
Paycraft Solutions profit and loss trends over time
  • 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
-22.60%
Revenue from Operations
-12.18%
Total Assets
34.64%
Profit or Loss
-17.77%
Net Worth
6.54%
EBITDA
6686.93%

What is the Ownership and Shareholding Structure of Paycraft Solutions?

In 2023, Paycraft Solutions had a promoter holding of 95.24% and a public holding of 4.76%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹279,659,761.00

Satisfied Charges

₹188,040,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 27.65 Cr
  • Others : 0.32 Cr

Latest Charge Details

DateLenderAmountStatus
27 Feb 2025Hdfc Bank Limited₹27.00 CrOpen
10 Nov 2022Others₹3.16 MOpen
07 Jun 2022Hdfc Bank Limited₹4.50 MOpen
11 Dec 2020Hdfc Bank Limited₹2.00 MOpen
13 Oct 2020Others₹9.04 MSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Paycraft Solutions?

Paycraft Solutions has a workforce of 183 employees as of Apr 03, 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 growth trends for Paycraft Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paycraft Solutions, 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 Paycraft Solutions'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

Alert Indicator

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.

Latest Updates, News, and FAQs on Paycraft Solutions

Recent Activity within the Organization

  • Charges

    Progress on A charge registered on 13 Oct 2020 via Charge ID 100378825 with Others was fully satisfied on 29 Apr 2025. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 27.00 Cr with Charge ID 101069294 was registered on 27 Feb 2025. was documented.

  • Charges

    A charge registered on 01 Nov 2018 via Charge ID 100216727 with Others was fully satisfied on 24 Feb 2025. was recorded as a recent event.

  • Annual General Meeting

    The activity Paycraft Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Paycraft Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Charges

    Progress on A charge with Others of Rs. 13.50 Cr registered on 01 Nov 2018 with Charge ID 100216727 was modified on 04 Jan 2023. was documented.

Recent News, Updates & Announcement

  • Paycraft Solutions news update on market trends
    PayCraft partners with NSDL Payments Bank and NPCI to launch Corporate Transit Card.

    The card will be offered to customers across India by June end. It also comes with a corporate expense management platform for employers. .

    Economic Times

  • Paycraft Solutions news update on market trends
    Airtel Payments Bank and Paycraft Solutions to Set Up AFC System for Surat Metro.

    Airtel Payments Bank and PayCraft Solutions have been awarded the contract to set up the Automatic Fare Collection (AFC) System for Surat Metro in partnership with Gujarat Metro Rail Corporation (GMRC). Read on to learn how this partnership will promote safe, contactless travel and enable seamless travel across India with NCMC and EMV cards..

    Telecom Talk

  • Paycraft Solutions news update on market trends
    Paycraft Named Official Ticketing Service Provider for Chennai Metro's Singara Chennai Card, Launches Digital Smart Card Solution with NCMC Open Loop Compatibility.

    Paycraft, a local payments company, will be the Official Ticketing Service Provider for Chennai Metro's Singara Chennai Card. They will manage the NCMC Card ticketing system and have previously launched a similar system for Pune Metro. The Digital Smart Card Ticketing Solution includes an Automated Fare Collection System that accepts NCMC Open Loop Cards from any bank in India. Paycraft's CEO and President expressed their pride and gratitude for the opportunity to facilitate seamless travel for Chennai citizens. They also thanked State Bank of India for their support in implementing the NCMC Open Loop SINGARA CHENNAI CARD. This partnership is a step towards true interoperability for transit in India and Paycraft is dedicated to enabling and easing urban mobility through their fintech payments platform..

    Economic Times

Frequently Asked Questions

  • What is the CIN of Paycraft Solutions Private Limited?

    The CIN of Paycraft Solutions Private Limited is U72200MH2013PTC283149.

  • Where is Paycraft Solutions Private Limited headquartered?

    Paycraft Solutions Private Limited is headquartered at Office. No-B-1103, Kailas Business Park, 11Th Floor, Veer Savarkar Marg, Vikhroli, West,, Mumbai, Maharashtra, 400079.

  • When was Paycraft Solutions Private Limited incorporated?

    Paycraft Solutions Private Limited was incorporated on 12 September 2013.

  • Who are the current directors of Paycraft Solutions Private Limited?

    The current directors of Paycraft Solutions Private Limited are

  • What is the primary industry of Paycraft Solutions Private Limited?

    The primary industry of Paycraft Solutions Private Limited is Information And Communication.

  • Is Paycraft Solutions Private Limited a listed company?

    Paycraft Solutions Private Limited is unlisted.

  • What is the capital structure of Paycraft Solutions Private Limited?

    The authorized capital of Paycraft Solutions Private Limited is ₹1.20 Cr, and the paid-up capital is ₹1.03 Cr.

  • What is the compliance status of Paycraft Solutions Private Limited?

    The compliance status of Paycraft Solutions Private Limited is Compliant.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial