MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0031958
Paycraft Urban Solutions Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.29 Cr
▼ 30% YoY
Net profit · FY 2025
₹11.45 Lakh
Net margin 1.2%
EBITDA · FY 2025
₹94.04 Lakh
EBITDA margin 10.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Employees · EPFO
46
Provident fund records
Directors on board
3
As per MCA filings
About Paycraft Urban Solutions Private Limited
Data last updated:
Paycraft Urban Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Paycraft Solutions Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2014PTC255118. Its GSTIN is 27AADCI5287R1ZP (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ibs Techsolution Private Limited. It is led by directors including Palakunnath Thekkadancheri Suresh and Sudhakaran Sukumaran.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No – I/1105 11th Floor Kailas Business Park Veer Savarkar Marg Vikhroli West, Mumbai, Maharashtra, India – 400079.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.29 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹11.45 Lakh (net margin 1.2%) and EBITDA of ₹94.04 Lakh (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 24% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Paycraft.
Paycraft Urban Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0031958). 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.
Company details
CIN U74900MH2014PTC255118
Registration Number 255118
Incorporation Date 28 March 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Paycraft Solutions Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0031958
Key People
Palakunnath Thekkadancheri Suresh Director Sudhakaran Sukumaran Director Ravi Vinod Jain Director Recognitions & Rankings of Paycraft Urban Solutions
Contact details
Paycraft Urban Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is paycraftsol.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No – I/1105 11th Floor Kailas Business Park Veer Savarkar Marg Vikhroli West, Mumbai, Maharashtra, India – 400079
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Paycraft Urban Solutions Private Limited, buy the company report.
Comprehensive company report
Paycraft Urban Solutions Private Limited - one report that includes everything
- 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
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Brands
Paycraft Urban Solutions operates one associated brand: Paycraft. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Payment platforms and card solutions are provided for diverse applications. | paycraftsol.com |
Business activity
The main business activity of Paycraft Urban Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Paycraft Urban Solutions Private Limited, buy the company report.
Financials of Paycraft Urban Solutions Private Limited
FY 2024 filings availablePaycraft Urban Solutions Private Limited reported revenue of ₹9.29 Cr (down 30% YoY) for FY 2025.
Revenue · FY 2025
₹9.29 Cr ▼ 30%
Net profit · FY 2025
₹11.45 Lakh margin 1.2%
EBITDA · FY 2025
₹94.04 Lakh margin 10.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 13%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▼ 1%
5 years · compounded
▲ 4%
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA rose 22% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹94.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.45 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Paycraft Urban Solutions Private Limited, buy the company report.
Board of directors of Paycraft Urban Solutions Private Limited
Paycraft Urban Solutions has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palakunnath Thekkadancheri Suresh | Director | 28 Mar 2014 | 12 Years 7 Months | Current |
| Sudhakaran Sukumaran | Director | 01 Nov 2017 | 8 Years 11 Months | Current |
| Ravi Vinod Jain | Director | 28 Mar 2014 | 12 Years 7 Months | Current |
Peer comparison
Paycraft Urban Solutions Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cosmic Compliance Test Lab Private Limited | ₹9.29 Cr (FY 2025) | 62.0% | Bangalore, Karnataka, India | |||
| Tokuten Development Services India Private Limited | ₹9.29 Cr (FY 2025) | 39.0% | New Delhi, Delhi, India | |||
| Three Roses Innovations (OPC) Private Limited | ₹9.29 Cr (FY 2024) | 33.0% | Vellore, Tamil Nadu, India | |||
| Rofab Private Limited | ₹9.29 Cr (FY 2025) | 1165.0% | Kolkata, West Bengal, India | |||
| Paycraft Urban Solutions Private Limitedthis company | ₹9.29 Cr (FY 2025) | ₹11.45 Lakh | 1.2% | -30.0% | 46 | Mumbai, Maharashtra, India |
| Ad Pro Systems India Private Limited | ₹9.28 Cr (FY 2025) | 3.0% | Area, Ivth Phase, Bangalore, Karnataka, India | |||
| Northcorp Software Private Limited | ₹9.28 Cr (FY 2025) | -49.0% | New Delhi, Delhi, India | |||
| Technos Prazise Engineering Private Limited | ₹9.27 Cr (FY 2025) | 9.0% | Vadodara, Gujarat, India | |||
| 21 Knots Design & Consulting Private Limited | ₹9.27 Cr (FY 2023) | 15.0% | Jodhpur, Rajasthan, India | |||
| Biltrax Construction Data Research Insight & Technologies Private Limited | ₹9.27 Cr (FY 2024) | 45.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Paycraft Urban Solutions Private Limited, buy the company report.
Auditor
Paycraft Urban Solutions Private Limited is audited by G.S PUNJAWANT & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.S PUNJAWANT & CO | FY 2023 | 001147C |
Shareholding
The shareholding of Paycraft Urban Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Paycraft Urban Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Paycraft Urban 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 Paycraft Urban Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Paycraft Urban Solutions Private Limited has a workforce of 46 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
46
Active EPFO establishments
1
Employee growth
24.32%
GST
Paycraft Urban Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI5287R1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paycraft Urban Solutions Private Limited, buy the company report.
Recent activity
Paycraft Urban Solutions Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Sudhakaran Sukumaran was appointed as Director on 01 Nov 2017.
AGM
Paycraft Urban Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Paycraft Urban Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Sudhakaran Sukumaran was appointed as Director.
Appointed
Palakunnath Thekkadancheri Suresh was appointed as Director.
Appointed
Ravi Vinod Jain was appointed as Director.
Incorporation
28 Mar 2014
Paycraft Urban Solutions Private Limited was registered on 28 Mar 2014 with Roc Mumbai & aged 12 years 7 months as per MCA records.
News
Frequently asked questions
Paycraft Urban Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 28 March 2014 (12+ years old) and is registered under CIN U74900MH2014PTC255118.
Paycraft Urban Solutions has 3 current directors:
- Palakunnath Thekkadancheri Suresh - Director
- Sudhakaran Sukumaran - Director
- Ravi Vinod Jain - Director
The latest financial statements of Paycraft Urban Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Paycraft Urban Solutions is 27AADCI5287R1ZP, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Paycraft Urban Solutions is U74900MH2014PTC255118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paycraft Urban Solutions was incorporated on 28 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Paycraft Urban Solutions by revenue are Cosmic Compliance Test Lab Private Limited, Tokuten Development Services India Private Limited, Three Roses Innovations (OPC) Private Limited, Rofab Private Limited, Ad Pro Systems India Private Limited and 4 more, all in the same principal business activity (other professional, scientific and technical activities).
Sudhakaran Sukumaran was appointed as Director on 01 Nov 2017. Palakunnath Thekkadancheri Suresh was appointed as Director on 28 Mar 2014. Ravi Vinod Jain was appointed as Director on 28 Mar 2014.
Yes, Paycraft Urban Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0031958).
Paycraft Urban Solutions can be reached through the website paycraftsol.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Paycraft Urban Solutions is at Office No – I1105 11th Floor Kailas Business Park Veer Savarkar Marg Vikhroli West, Mumbai, Maharashtra, India – 400079.
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