Paycraft Solutions Private Limited logo

Paycraft Solutions Private Limited

This company provides contactless payment solutions and services for banks, transit operators, and more.

2013 Mumbai, Maharashtra (India) Active

About

Basic Data Updated:

1 month ago
Paycraft Solutions Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 September 2013 and has a history of Ten years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Finance And Insurance Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.20 cr and a paid-up capital of Rs 1.03 cr.

The Corporate currently has active open charges totaling ₹15.37 cr. It has already closed loans amounting to ₹4.40 cr, as per the Ministry of Corporate Affairs (MCA) records.

Ambarish Parekh, Palakunnath Suresh, Ravi Jain, and Two other members serve as directors at the Company.

Industry

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU72200MH2013PTC283149
Company No.283149
Company ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date12 Sep 2013
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Mumbai
STARTUP
DPIIT

Financials of Paycraft Solutions Private Limited

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Paycraft Solutions Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 2.59% decrease. The company also saw a substantial improvement in profitability, with a 11.31% increase in profit. The company's net worth moved up by a moderate rise of 7.32%.

Corporate Structure

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Unlock access to Paycraft Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Paycraft Solutions Private Limited

Executive Team (1)

  • AP

    Ambarish Parekh In Managing Director

    Appointment Date: 01-Jul-2022

    Status: Current

Board Members(4)

Charges (Loans)

Open Charges Satisfied Charges

₹15.37 cr

₹4.40 cr

LenderAmountStatus

Others

Creation Date: 10 Nov 2022
₹3.16 MOpen

Hdfc Bank Limited

Creation Date: 07 Jun 2022
₹4.50 MOpen

Hdfc Bank Limited

Creation Date: 11 Dec 2020
₹2.00 MOpen

Deals i

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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

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Alert

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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.

Related Corporates (Common Directorship)

  • Paycraft Urban Solutions Private Limited

    Paycraft Urban Solutions Private Limited

    Active build-icon 10 years 2 months

    Palakunnath Suresh and Ravi Jain are mutual person

  • Paycraft Mobile Solutions Private Limited

    Paycraft Mobile Solutions Private Limited

    Active build-icon 5 years 5 months

    Ravi Jain is a mutual person

  • Iodl Foundation

    Iodl Foundation

    Active build-icon 12 years 10 months

    Ambarish Parekh is a mutual person

  • Banasura Holidays Llp

    Banasura Holidays Llp

    Active build-icon 4 years 9 months

    Palakunnath Suresh is a mutual person

  • Fuelcraft Solutions Private Limited

    Fuelcraft Solutions Private Limited

    Active build-icon 4 years 6 months

    Palakunnath Suresh is a mutual person

Recent activity within the organization

  • Activity

    Annual General Meeting

    Paycraft Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023
  • Activity

    Balance Sheet

    Paycraft Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023
  • Activity

    Charges

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

    04 Jan 2023
  • Activity

    Charges

    A charge with Others amounted to Rs. 0.32 cr with Charge ID 100663807 was registered on 10 Nov 2022.

    10 Nov 2022
  • Activity

    Director Appointment

    Sunil Kaushal was appointed as a Director was appointed as a Director on 01 Sep 2022 & has been associated with this company since 1 year 9 months .

    01 Sep 2022

Recent News, Updates & Announcement

  • news
    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 19 Dec 2023

  • news
    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 26 Apr 2023

  • news
    Paycraft Named Official Ticketing Service Provider for Chennai Metros 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 Metros 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 Paycrafts 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 17 Apr 2023

Frequently asked questions

What is the Incorporation or founding date of Paycraft Solutions Private Limited?

Paycraft Solutions Private Limited was incorporated 10 years 9 months ago on 12 Sep 2013 with Registrar of Companies Roc Mumbai.

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