About Payism Technologies India Private Limited
Data last updated:
Payism Technologies India Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the telecom service providers segment of the telecommunications sector. It was incorporated on 26 November 2013.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2013PTC091292. Its GSTIN is 36AAHCP4878R3ZA (Telangana). The company held 6 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹10 Lakh. It was led by directors including Vuppunutula Harshavardhan Reddy and Uday Kumar Pallepangi.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at #202 2nd Floor Silicon Towers Plot No. 2&3 Silicon Valley, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2017, the company reported a revenue of ₹35.66 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹8.63 Cr (net margin -24.2%) and EBITDA of -₹8.19 Cr (EBITDA margin -23%).
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
Court records list 11 cases involving the company, including 1 filed by the company and 10 filed against it; 6 cases are pending.
The last known website on record is payism.biz.
Company details
CIN history
Payism Technologies India has one previous CIN (Corporate Identification Number): U72200AP2013PTC091292. The current CIN is U72200TG2013PTC091292, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2013PTC091292 | Current |
| U72200AP2013PTC091292 | Previous |
Contact details
Payism Technologies India Private Limited's registered office is in Hyderabad, Telangana. Its website is payism.biz. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#202 2nd Floor Silicon Towers Plot No. 2&3 Silicon Valley, Hyderabad, Telangana, India – 500081
- IndustryTelecom, Telecom Service Providers
To see the full contact details of Payism Technologies India 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 Payism Technologies India is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Payism Technologies India Private Limited, buy the company report.
Financials of Payism Technologies India Private Limited
FY 2017 filings availablePayism Technologies India Private Limited reported revenue of ₹35.66 Cr (up 912% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 912% in the latest year. EBITDA fell 121% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹35.66 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹8.19 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹8.63 Cr | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -23% | ||
| Net Profit Margin | -24.2% | ||
| 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 | |||
To see the full financial statements and ratios of Payism Technologies India Private Limited, buy the company report.
Board of directors of Payism Technologies India Private Limited
Payism Technologies India has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vuppunutula Harshavardhan Reddy | Director | 10 Sep 2015 | 11 Years 1 Months | As last reported |
| Uday Kumar Pallepangi | Director | 26 Nov 2013 | 12 Years 10 Months | As last reported |
| Kranthi Kiran Reddy Teegala Also directs: Golden Valley Brews and Distilleries LLP, Celer Infra Private Limited, TKR Infracon Private Limited and 1 more | Director | 03 Apr 2017 | 9 Years 6 Months | As last reported |
| Dommallur Shivanna Nandish | Director | 09 Sep 2015 | 11 Years 1 Months | As last reported |
Shareholding
The shareholding of Payism Technologies India Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Payism Technologies India Private Limited, buy the company report.
Legal cases
Payism Technologies India Private Limited has 11 court cases on record: 1 filed by Payism Technologies India, 10 filed against it. 6 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 6 | 3 |
| District courts | 4 | 4 | 3 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHS) | Filed against the company by Ja Football Pvt Ltd(Formerly Known As Ja Lagong North East Sports Pvt Ltd) and 1 other | Pending |
| Bombay High Court | Court case (EXA) | Filed against the company by Ja Football Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (CARBP) | Filed against the company by Ja Football Private Limited | Disposed |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by M/S Adina Data Services Ltd Rep by K.Venkata Janaki Ramireddy S/O Satyanarayana | Pending |
| District court, Hyderabad Central, Telangana | Court case (CC - NI) | Filed against the company by an individual | Pending |
To see the full case history of Payism Technologies India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Payism Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Payism Technologies India Private Limited has a workforce of 1 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Payism Technologies India has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCP4878R3ZA | Telangana | Active | 29 Jul 2017 |
| 29AAHCP4878R2Z6 | Karnataka | Active | 30 Aug 2017 |
To see the full GST registrations and return filing status of Payism Technologies India Private Limited, buy the company report.
Recent activity
Payism Technologies India Private Limited has 10 board changes on record since 2013: 4 appointments and 6 cessations. The latest: Kranthi Kiran Reddy Teegala was appointed as Director on 03 Apr 2017.
1 earlier event is in the company report.
Frequently asked questions
Payism Technologies India has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Payism Technologies India was a private limited company based in Hyderabad, Telangana, India. The company worked in telecom service providers, within the telecom industry. It was incorporated on 26 November 2013 and is registered under CIN U72200TG2013PTC091292. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Payism Technologies India was incorporated on 26 November 2013. It is registered with the Registrar of Companies, Hyderabad.
Payism Technologies India had 4 directors:
- Vuppunutula Harshavardhan Reddy - Director
- Uday Kumar Pallepangi - Director
- Kranthi Kiran Reddy Teegala - Director
- Dommallur Shivanna Nandish - Director
The CIN (Corporate Identification Number) of Payism Technologies India is U72200TG2013PTC091292. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Payism Technologies India is at #202 2nd Floor Silicon Towers Plot No. 2&3 Silicon Valley, Hyderabad, Telangana, India – 500081.
Payism Technologies India can be reached through the website payism.biz. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Payism Technologies India on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Payism Technologies India is 36AAHCP4878R3ZA, registered in Telangana. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 29AAHCP4878R2Z6 (Karnataka).
Payism Technologies India operated in the telecom industry, in the telecom service providers segment.