About Payinc Private Limited
Data last updated:
Payinc Private Limited is a private limited company based in Baragarh, Orissa, India, recognised as a startup by DPIIT. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 24 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72900OR2020PTC040140. Its GSTIN is 21AALCP4508Q1Z2 (Odisha). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Amiya Ranjan Satapathy (Whole-Time Director) and Sumit Kumar Dash.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Sai Bhagwati Complex Bhatli Chowk Ward No. 18 N.H. – 6, Baragarh, Orissa, India – 768028.
As per the financials filed for FY 2023, the company reported a revenue of ₹81.51 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹54.26 Lakh (net margin 0.7%) and EBITDA of ₹96.32 Lakh (EBITDA margin 1.2%).
The company is associated with 1 brand: PayInc.
For more details, the company can be reached via its website payinc.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressSai Bhagwati Complex Bhatli Chowk Ward No. 18 N.H. – 6, Baragarh, Orissa, India – 768028
- IndustryInternet, Online Service Marketplaces
- 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
Business Activity of Payinc Private Limited
The main business activity of Payinc is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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.
Financials of Payinc Private Limited FY 2023 filings available
Payinc Private Limited reported revenue of ₹81.51 Cr (up 61% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Payinc Private Limited
Revenue rose 61% in the latest year. EBITDA rose 225% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Payinc Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹81.51 Cr | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹96.32 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹54.26 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 Payinc Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.2% | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• |
| 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 Payinc 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.
Peer Comparison of Payinc Private Limited
Payinc Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Online Service Providers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wwstay Services India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Ignitium Services Private Limited | •••• | •••• | •••• | •••• | - | Shaikpet, Telangana, India |
| Nasadiya Technologies Private Limited | •••• | •••• | •••• | •••• | 201 | Bangalore, Karnataka, India |
| Eatgood Technologies Private Limited | •••• | •••• | •••• | •••• | 541 | Bengaluru, Karnataka, India |
| Prepay Network Private Limited | •••• | •••• | •••• | •••• | - | Siliguri, West Bengal, India |
| Payinc Private Limited this company | •••• | •••• | •••• | •••• | - | Baragarh, Orissa, India |
| Adj Utility Apps Private Limited | •••• | •••• | •••• | •••• | 125 | Chennai, Tamil Nadu, India |
| Desk Nine Private Limited | •••• | •••• | •••• | •••• | 372 | Bangalore North, Karnataka, India |
| Pickrr Technologies Private Limited | •••• | •••• | •••• | •••• | 181 | New Delhi, Delhi, India |
| Prayosha Food Services Private Limited | •••• | •••• | •••• | •••• | 1,784 | Ahmadabad City, Gujarat, India |
| Simply Vyapar Apps Private Limited | •••• | •••• | •••• | •••• | 1,382 | Banglore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Payinc by revenue in the Ecommerce and Internet industry (Online Service Providers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Payinc Private Limited
Payinc Private Limited is audited by AMIT KUMAR AGARWALLA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AMIT KUMAR AGARWALLA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Payinc Private Limited
Payinc has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Kumar Dash Also directs: Faes Management Private Limited | Director | 24 Sep 2020 | 6 Years 0 Months | Current |
| Manoj Kumar Also directs: Pehub Technologies Private Limited | Director | 24 Sep 2020 | 6 Years 0 Months | Current |
| Amiya Ranjan Satapathy Also directs: Incrediwebs LLP, Faes Management Private Limited | Whole-Time Director | 10 Jul 2023 | 3 Years 2 Months | Current |
Ownership and Shareholding of Payinc Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Payinc Private Limited
Payinc Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Payinc Private Limited
Payinc Private Limited has a workforce of 0 employees as of Apr 08, 2024.
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.
CIN History of Payinc Private Limited
Payinc has one previous CIN (Corporate Identification Number): U72900WB2020PTC240016. The current CIN is U72900OR2020PTC040140, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900OR2020PTC040140 | Current |
| U72900WB2020PTC240016 | Previous |
Recent Activity on Payinc Private Limited
Payinc Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Amiya Ranjan Satapathy was appointed as Whole-Time Director on 10 Jul 2023.
Credit Ratings, Litigation & Regulatory Alerts for Payinc 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 Payinc 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 Payinc 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.
GST Compliance of Payinc Private Limited
Payinc has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AALCP4508Q1Z2 | Odisha | Active | 25 Aug 2022 |
| 19AALCP4508Q1ZN | West Bengal | Active | 17 Oct 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.
MCA Filings & Documents of Payinc 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.
Frequently Asked Questions about Payinc Private Limited
Payinc is an active private limited company based in Baragarh, Orissa, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 24 September 2020 (6+ years old) and is registered under CIN U72900OR2020PTC040140.
Payinc reported revenue of ₹81.51 Cr for FY 2023 (up 61% YoY).
Payinc has 3 current directors:
- Amiya Ranjan Satapathy - Whole-Time Director
- Sumit Kumar Dash - Director
- Manoj Kumar - Director
Payinc reported a net profit of ₹54.26 Lakh (net margin 0.7%) and EBITDA of ₹96.32 Lakh (EBITDA margin 1.2%) for FY 2023, as per its filed financial statements.
The GSTIN of Payinc is 21AALCP4508Q1Z2, registered in Odisha. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AALCP4508Q1ZN (West Bengal).
The CIN (Corporate Identification Number) of Payinc is U72900OR2020PTC040140. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payinc was incorporated on 24 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Payinc by revenue are Wwstay Services India Private Limited, Ignitium Services Private Limited, Nasadiya Technologies Private Limited, Eatgood Technologies Private Limited, Prepay Network Private Limited and 5 more, all in the Ecommerce and Internet industry (Online Service Providers).
Amiya Ranjan Satapathy was appointed as Whole-Time Director on 10 Jul 2023. Manoj Kumar was appointed as Director on 24 Sep 2020. Sumit Kumar Dash was appointed as Director on 24 Sep 2020.
Yes, Payinc is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Payinc can be reached through the website payinc.in. Its registered office is in Baragarh, Orissa, India.