About Paycraft Solutions Private Limited
Data last updated: 11 January 2026
Paycraft Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It specialises in digital payment solutions, a part of the broader financial services sector. Incorporated on 12 September 2013, the company has been in operation for over 13 years.
Registered with ROC Mumbai under CIN U72200MH2013PTC283149.
Capital: an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.03 Cr. It is led by directors including Palakunnath Thekkadancheri Suresh and Sunil Kaushal.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 1103 Kailas Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹92.36 Cr, a growth of 55% compared to the previous year.
The company has a workforce of approximately 183 employees as per the latest available data. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand - Paycraft. As per MCA filings, the company has open charges of ₹27.97 Cr and satisfied charges of ₹18.8 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paycraftsol.com.
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Registered AddressOffice. No – B – 1103 Kailas Business Park 11Th Floor Veer Savarkar Marg Vikhroli, West, Mumbai, Maharashtra, India – 400079
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IndustryFinancial Services, Digital Payment Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Paycraft Solutions Private Limited
Paycraft Solutions Private Limited has one previous CIN (Corporate Identification Number): U72200GJ2013PTC076794. The current CIN is U72200MH2013PTC283149, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH2013PTC283149 | Current |
| U72200GJ2013PTC076794 | Previous |
Associated Brands with Paycraft Solutions Private Limited
Paycraft Solutions Private Limited operates one associated brand: Paycraft. These brands represent Paycraft Solutions Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Payment platforms and card solutions are provided for diverse applications. | paycraftsol.com |
Competitors & Alternatives of Paycraft Solutions Private Limited
Brands and companies operating in the same space as Paycraft Solutions Private Limited include PearlPay, DigiCards, Analytiqbv.
| Competitor | Description | Location | Founded |
|---|---|---|---|
PearlPay
|
Software solutions for the banking industry | Makati, Philippines, Philippines | 2015 |
DigiCards
|
Offers digital cards for easy sharing and updating of business contacts. | Mumbai, India, India | 2020 |
Analytiqbv
|
Offers co-branded prepaid and gift cards for various partners. | Mumbai, India, India | 2019 |
Business Activity of Paycraft Solutions Private Limited
Paycraft Solutions Private Limited is engaged in the principal business activity of information and communication, with detailed activities including other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details for Paycraft Solutions Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Paycraft Solutions Private Limited
Paycraft Solutions Private Limited is audited by G.S.Punjawat & Co for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G.S.Punjawat & Co | Locked | Locked | Locked |
Complete auditor history for Paycraft Solutions Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Paycraft Solutions Private Limited
Paycraft Solutions Private Limited is currently managed by 5 directors, with 6 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palakunnath Thekkadancheri Suresh | Director | 01 Apr 2014 | 12 Years 4 Months | Current |
| Sunil Kaushal | Director | 01 Sep 2022 | 3 Years 11 Months | Current |
| Pankaj Ganguly | Director | 01 Sep 2022 | 3 Years 11 Months | Current |
|
Ambarish Parekh
Also directs:
Iodl Foundation
|
Managing Director | 01 Jul 2022 | 4 Years 1 Months | Current |
| Ravi Vinod Jain | Director | 12 Sep 2013 | 12 Years 11 Months | Current |
Financials of Paycraft Solutions Private Limited FY 2024 filings available
Paycraft Solutions Private Limited reported revenue of ₹92.36 Cr (up 55.00% YoY) for FY 2025.
Ten-year financial statements for Paycraft Solutions Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Paycraft Solutions Private Limited
Shareholding and ownership data for Paycraft Solutions Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Group Structure of Paycraft Solutions Private Limited
Paycraft Solutions Private Limited has 2 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Paycraft Solutions Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Paycraft Urban Solutions Private Limited | U74900MH2014PTC255118 | Locked |
| Paycraft Mobile Solutions Private Limited | U74999MH2018PTC318621 | Locked |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Paycraft Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Feb 2025 | Hdfc Bank Limited | ₹27 Cr | Open |
| 10 Nov 2022 | Others | ₹31.6 Lakh | Open |
| 07 Jun 2022 | Hdfc Bank Limited | ₹45 Lakh | Open |
| 11 Dec 2020 | Hdfc Bank Limited | ₹20 Lakh | Open |
| 13 Oct 2020 | Others | ₹90.4 Lakh | Satisfied |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Paycraft Solutions Private Limited
Paycraft Solutions Private Limited has a workforce of 183 employees as of Apr 03, 2024.
Employee and EPFO history for Paycraft Solutions Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Paycraft Solutions Private Limited
GST registrations and filing compliance for Paycraft Solutions Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Paycraft Solutions Private Limited
Credit ratings, litigation, and regulatory alerts for Paycraft Solutions Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Paycraft Solutions Private Limited
MSME payment history for Paycraft Solutions Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Paycraft Solutions Private Limited
Corporate group structure for Paycraft Solutions Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Paycraft Solutions Private Limited
MCA filings and documents for Paycraft Solutions Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Paycraft Solutions Private Limited
Recent News on Paycraft Solutions Private Limited
Frequently Asked Questions about Paycraft Solutions Private Limited
Paycraft Solutions Private Limited is an active private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 12 September 2013 (13+ years old) and is registered under CIN U72200MH2013PTC283149. The company has 183 employees.
Paycraft Solutions Private Limited reported revenue of ₹92.36 Cr for FY 2025 (up 55.00% YoY).
The current directors of Paycraft Solutions Private Limited are:
- Palakunnath Thekkadancheri Suresh - Director
- Sunil Kaushal - Director
- Pankaj Ganguly - Director
- Ambarish Parekh - Managing Director
- Ravi Vinod Jain - Director
The primary industry of Paycraft Solutions Private Limited is financial services. The company specifically operates in digital payment solutions. The company is currently active in this sector.
Yes, Paycraft Solutions Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Paycraft Solutions Private Limited can be reached at the registered office: Office. No – B – 1103 Kailas Business Park 11Th Floor Veer Savarkar Marg Vikhroli, West, Mumbai, Maharashtra, India – 400079, or through the website paycraftsol.com.