Paymate India Limited - Company Profile

Q: Who are the current directors of Paymate India Limited?

The current directors of Paymate India Limited are Ajay Adiseshan, Monica Doshi Niranjan, Sandeep Murthy, Vishvanathan Subramanian.

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 2006.

2006 Mumbai, Maharashtra, India Active

Last Updated: January 08, 2026

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About Paymate India Limited

Paymate India Limited, a active public limited company, was established on 12 May 2006 in Mumbai, Maharashtra, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U62090MH2006PLC205023. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹205.66 Cr and a paid-up capital of ₹189.77 Cr.

Formerly known as Paymate India Private Limited. It upholds a compliant status. Employing 88 professional, Its leadership includes Ajay Adiseshan (Managing Director), Monica Doshi Niranjan (Director), Sandeep Murthy (Nominee Director). Past directors included Aniruddha Arvind Nazre, Ajay Adiseshan, Nikhil Khattau Nirvan. It holds no open charges and ₹1.26 Cr settled loans. Its latest AGM occurred on 31 October 2024, with the balance sheet filed on 31 March 2024. It is based at No.111, 1St Floor, 'A' Wing, Sundervilla S.V.Road, Santacruz (West), Mumbai, Maharashtra, 400054.

Company Details

CIN/LLPIN
U62090MH2006PLC205023
Registration Number
205023
Incorporation Date
12 May 2006
Authorized Capital
₹205.66 Cr
Paid-Up Capital
₹189.77 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 205.66 Cr as on 08-01-2026
Paid Up Capital ₹ 189.77 Cr as on 08-01-2026
Company Age 19 Year, 9 Months
Last Filing with ROC 31 Mar 2024
Satisfied Charges ₹ 1.26 Cr as on 08-01-2026

Comprehensive Company Insights

Explore comprehensive insights into Paymate India Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Paymate India Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ajay Adiseshan	Managing Director	12 May 2006	Current
Monica Doshi Niranjan	Director	07 Mar 2022	Current
Sandeep Murthy	Nominee Director	16 Nov 2006	Current
Vishvanathan Subramanian	Whole-Time Director	08 Mar 2018	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	18 Jun 2012	Past
Pramod Abcsdd	Director	21 Jun 2008	Past
Pramod Abcsdd	Nominee Director	18 Aug 2010	Past
Pramod Abcsdd	Director	23 Jul 2025	Past
Pramod Abcsdd	Company Secretary	31 Jul 2018	Past
Pramod Abcsdd	Additional Director	07 Mar 2022	Past

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Financial Performance of Paymate India.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

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Revenue from Operations

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Total Assets

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Profit or Loss

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Net Worth

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EBITDA

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What is the Ownership and Shareholding Structure of Paymate India?

Unlock access to Paymate India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹12,607,409.87

Charges Breakdown by Lending Institutions

Indian Overseas Bank : 0.60 Cr
Corporation Bank : 0.41 Cr
Others : 0.25 Cr

Latest Charge Details

Date	Lender	Amount	Status
17 Jun 2021	Others	₹2.50 M	Satisfied
13 Jun 2011	Corporation Bank	₹4.11 M	Satisfied
16 Mar 2011	Indian Overseas Bank	₹6.00 M	Satisfied

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How Many Employees Work at Paymate India?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Paymate India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Paymate India's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Paymate India

Recent Activity within the Organization

Annual General Meeting

Paymate India Limited last Annual general meeting of members was held on 31 Oct 2024 as per latest MCA records. was recorded as a recent event.
31 Oct 2024
Balance Sheet

Progress on Paymate India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.
31 Mar 2024
Charges

The activity A charge registered on 17 Jun 2021 via Charge ID 100456773 with Others was fully satisfied on 16 Oct 2023. was completed.
16 Oct 2023
Director Appointment

Progress on Monica Doshi Niranjan was appointed as a Director was appointed as a Director on 07 Mar 2022 & has been associated with this company since 3 years 11 months . was documented.
07 Mar 2022
Charges

The activity A charge registered on 16 Mar 2011 via Charge ID 10278683 with Indian Overseas Bank was fully satisfied on 19 Jul 2021. was completed.
19 Jul 2021
Charges

Progress on A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100456773 was registered on 17 Jun 2021. was documented.
17 Jun 2021

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