
Payel Shopping Complex Private Limited
About Payel Shopping Complex Private Limited
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Payel Shopping Complex Private Limited is a private limited company based in Asansol, West Bengal, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 30 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70109WB2017PTC220383. Its GSTIN is 19AAJCP0980C2ZD (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.82 Cr. It is led by directors Mohammad Azharuddin and Imtiyaz Ahamad.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S.B. Gorai Road Near Surbhi Apartment, Asansol, West Bengal, India – 713301.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.85 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹5.21 Cr (net margin -182.6%) and EBITDA of -₹66.86 Lakh (EBITDA margin -23.5%). Revenue has grown at a compounded annual rate (CAGR) of 427% over three years and 170% over five years.
The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹7.8 Cr; the latest was in January 2022.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Payel Shopping Complex Private Limited's registered office is in Asansol, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS.B. Gorai Road Near Surbhi Apartment, Asansol, West Bengal, India – 713301
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Payel Shopping Complex Private Limited, buy the company report.
- 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
Business activity
The main business activity of Payel Shopping Complex is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Payel Shopping Complex Private Limited, buy the company report.
Financials of Payel Shopping Complex Private Limited
FY 2025 filings availablePayel Shopping Complex Private Limited reported revenue of ₹2.85 Cr (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 42% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 170%. EBITDA fell 136% 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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| EBITDA | -₹66.86 Lakh | ||||
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| Net Profit (PAT) | -₹5.21 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -23.5% | ||||
| Net Profit Margin | -182.6% | ||||
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To see the full financial statements and ratios of Payel Shopping Complex Private Limited, buy the company report.
Board of directors of Payel Shopping Complex Private Limited
Payel Shopping Complex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammad Azharuddin Also directs: Reftech Refractories Private Limited | Director | 30 Mar 2017 | 9 Years 6 Months | Current |
| Imtiyaz Ahamad Also directs: Reftech Refractories Private Limited, Payel Prodev Private Limited, Sim Devcon Private Limited and 5 more | Director | 30 Mar 2017 | 9 Years 6 Months | Current |
Auditor
Payel Shopping Complex Private Limited is audited by PANKAJ KUMAR SAHU & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PANKAJ KUMAR SAHU & ASSOCIATES | FY 2023 | 332393E |
Shareholding
The shareholding of Payel Shopping Complex Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Payel Shopping Complex Private Limited, buy the company report.
Deals & funding
Payel Shopping Complex Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹7.8 Cr; the latest was in January 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Funding round | ₹66 Lakh | Investors: 2 individuals |
| Jan 2020 | Funding round | ₹1.49 Cr | Investors: 2 individuals |
| Apr 2017 | Funding round | ₹5.65 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Payel Shopping Complex 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 Payel Shopping Complex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Payel Shopping Complex has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAJCP0980C2ZD | West Bengal | Active | 11 Sep 2017 |
To see the full GST registrations and return filing status of Payel Shopping Complex Private Limited, buy the company report.
Recent activity
Payel Shopping Complex Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Imtiyaz Ahamad was appointed as Director on 30 Mar 2017.
Frequently asked questions
Payel Shopping Complex is an active private limited company based in Asansol, West Bengal, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 30 March 2017 (9+ years old) and is registered under CIN U70109WB2017PTC220383.
Payel Shopping Complex has 2 current directors:
- Mohammad Azharuddin - Director
- Imtiyaz Ahamad - Director
The latest financial statements of Payel Shopping Complex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Payel Shopping Complex is 19AAJCP0980C2ZD, registered in West Bengal. 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 Payel Shopping Complex is U70109WB2017PTC220383. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payel Shopping Complex was incorporated on 30 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Kolkata.
Payel Shopping Complex has 3 deals on record (3 funding rounds), with disclosed funding of ₹7.8 Cr; the latest was in January 2022.
Imtiyaz Ahamad was appointed as Director on 30 Mar 2017. Mohammad Azharuddin was appointed as Director on 30 Mar 2017.
The registered office of Payel Shopping Complex is at S.B. Gorai Road Near Surbhi Apartment, Asansol, West Bengal, India – 713301.
Payel Shopping Complex operates in the consumer electronics and durables industry, in the electronics manufacturing segment.