About Payflash Tech Solutions Private Limited
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Payflash Tech Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 21 April 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2020PTC135194. Its GSTIN is 33AALCP1273A1ZU (Tamil Nadu). 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 is led by directors Prashanth and Jayaraj.
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 Plot No: 21B 5th Cross Street South Phase Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.86 Cr, a growth of 94% compared to the previous year. For the same year it recorded a net loss of ₹10.28 Lakh (net margin -1.5%) and EBITDA of -₹10.28 Lakh (EBITDA margin -1.5%).
The company is associated with 3 brands: Payflash, Payflash and OnTimeServe.
For more details, the company can be reached via its website payflash.in.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No: 21B 5th Cross Street South Phase Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Associated Brands with Payflash Tech Solutions Private Limited
Payflash Tech Solutions operates multiple associated brands including PAYFLASH, Payflash, and OnTimeServe. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates as an online payment gateway platform tailored for businesses. | payflash.co.in | |
| Provides an online platform for booking a wide range of local services across multiple categories. | ontimeserve.in | |
| E-commerce platform for electronics, furniture, and accessories in India. | payflash.in |
Competitors & Alternatives of Payflash Tech Solutions Private Limited
Brands and companies operating in the same space as Payflash Tech Solutions Private Limited include Stripe, Razorpay, PayU and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Stripe | Payment processing and card issuance solutions are provided for businesses. | San Francisco, United States | 2009 |
 Razorpay | Payment and business banking solutions are provided for enterprises. | Bengaluru, India | 2014 |
 PayU | Online payment processing and credit solutions are provided for businesses. | Amsterdam, Netherlands | 2002 |
 Flutterwave | Provider of payment processing solutions for businesses | San Francisco, United States | 2016 |
 Mintoak | Digital payments and engagement solutions are offered for MSMEs. | Mumbai, India | 2017 |
 Pine Labs | Omnichannel payment solutions, loyalty programs, and business tools are provided. | Noida, India | 1998 |
 HighRadius | Autonomous finance and payment solutions are provided to businesses. | Houston, United States | 2006 |
 ACI Worldwide | Digital payments are processed and managed via specialized solutions. | Omaha, United States | 1975 |
 Airpay | An integrated omnichannel platform for financial services is provided. | Mumbai, India | 2012 |
 LocalOye | Hosts a digital marketplace for multiple local services. | Bengaluru, India | 2013 |
Business Activity of Payflash Tech Solutions Private Limited
The main business activity of Payflash Tech Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Payflash Tech Solutions Private Limited
Payflash Tech Solutions has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Financials of Payflash Tech Solutions Private Limited FY 2025 filings available
Payflash Tech Solutions Private Limited reported revenue of ₹6.86 Cr (up 94% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Payflash Tech Solutions Private Limited
Revenue rose 94% in the latest year. EBITDA rose 77% 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 of Payflash Tech Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹10.28 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.28 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Payflash Tech Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -1.5% | •••• | •••• | •••• |
| Net Profit Margin | -1.5% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Payflash Tech Solutions are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Charges & Borrowings of Payflash Tech Solutions Private Limited
Payflash Tech Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Payflash Tech Solutions Private Limited
Employment history and EPFO contributions of people linked to Payflash Tech Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Payflash Tech Solutions Private Limited
Payflash Tech Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AALCP1273A1ZU | Tamil Nadu | Active | 10 Jul 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Payflash Tech Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Payflash Tech Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Payflash Tech Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Payflash Tech Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Payflash Tech Solutions Private Limited
Frequently Asked Questions about Payflash Tech Solutions Private Limited
Payflash Tech Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 21 April 2020 (6+ years old) and is registered under CIN U72200TN2020PTC135194.
Payflash Tech Solutions reported revenue of ₹6.86 Cr for FY 2024 (up 94% YoY).
Payflash Tech Solutions reported a net loss of ₹10.28 Lakh (net margin -1.5%) and EBITDA of -₹10.28 Lakh (EBITDA margin -1.5%) for FY 2024, as per its filed financial statements.
The GSTIN of Payflash Tech Solutions is 33AALCP1273A1ZU, registered in Tamil Nadu. 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 Payflash Tech Solutions is U72200TN2020PTC135194. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payflash Tech Solutions was incorporated on 21 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
Yes, Payflash Tech Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Payflash Tech Solutions can be reached through the website payflash.in. Its registered office is in Chennai, Tamil Nadu, India.