About Payjoy India Private Limited
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Payjoy India Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Payjoy Inc., Usa. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 01 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019FTC129264. Its GSTIN is 29AAKCP8516B1ZA (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Raman Baijal (Whole-Time Director) and Bradley Robert Pennington.
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 Gopala Krishna Complex 45/3 Residency Road Mg Road Shantala Nagar Ashok Nagar, Bengaluru, Karnataka, India – 560025.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.45 Cr, a decline of 65% compared to the previous year. For the same year it recorded a net profit of ₹16.3 Lakh (net margin 11.2%) and EBITDA of ₹24.58 Lakh (EBITDA margin 16.9%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years.
The company is associated with 1 brand: PayJoy.
For more details, the company can be reached via its website payjoy.com.
Company details
Contact details
Payjoy India Private Limited's registered office is in Bengaluru, Karnataka. Its website is payjoy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGopala Krishna Complex 45/3 Residency Road Mg Road Shantala Nagar Ashok Nagar, Bengaluru, Karnataka, India – 560025
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Payjoy 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
Brands
Payjoy India operates one associated brand: PayJoy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for purchase financing | payjoy.com |
Business activity
The main business activity of Payjoy India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Payjoy India Private Limited, buy the company report.
Financials of Payjoy India Private Limited
FY 2024 filings availablePayjoy India Private Limited reported revenue of ₹1.45 Cr (down 65% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over three years, including a 65% fall in the latest year. EBITDA fell 52% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹24.58 Lakh | ||||
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| Net Profit (PAT) | ₹16.3 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 16.9% | ||||
| Net Profit Margin | 11.2% | ||||
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To see the full financial statements and ratios of Payjoy India Private Limited, buy the company report.
Board of directors of Payjoy India Private Limited
Payjoy India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raman Baijal | Whole-Time Director | 27 Feb 2020 | 6 Years 7 Months | Current |
| Bradley Robert Pennington Also directs: Payjoy India Finance Private Limited | Director | 24 Mar 2023 | 3 Years 7 Months | Current |
Auditor
Payjoy India Private Limited is audited by V B S G & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V B S G & CO. | FY 2022 | 015931S |
Shareholding
The shareholding of Payjoy India Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Payjoy India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Payjoy India 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 Payjoy India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Payjoy India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCP8516B1ZA | Karnataka | Active | 06 Apr 2020 |
To see the full GST registrations and return filing status of Payjoy India Private Limited, buy the company report.
Recent activity
Payjoy India Private Limited has 6 board changes on record since 2020: 2 appointments and 4 cessations. The latest: Bradley Robert Pennington ceased to be Additional Director on 28 Sep 2023.
News
Frequently asked questions
Payjoy India is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 01 November 2019 (7+ years old) and is registered under CIN U72900KA2019FTC129264.
Payjoy India has 2 current directors:
- Raman Baijal - Whole-Time Director
- Bradley Robert Pennington - Director
The latest financial statements of Payjoy India 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 FY 2020 are in the company report.
The GSTIN of Payjoy India is 29AAKCP8516B1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Payjoy India is U72900KA2019FTC129264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payjoy India was incorporated on 01 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Bradley Robert Pennington ceased to be Additional Director on 28 Sep 2023. Bradley Robert Pennington was appointed as Director on 24 Mar 2023. Douglas James Ricket ceased to be Director on 24 Mar 2023. Payjoy India has 6 board changes on record in total.
Payjoy India can be reached through the website payjoy.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Payjoy India is at Gopala Krishna Complex 453 Residency Road Mg Road Shantala Nagar Ashok Nagar, Bengaluru, Karnataka, India – 560025.
Payjoy India operates in the information technology industry, in the software development and support services segment.