About Payoneer India Commerce LLP
Data last updated:
Payoneer India Commerce LLP is a limited liability partnership (LLP) based in Delhi, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 03 May 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Delhi, under LLPIN AAP-1749. Its GSTIN is 06AAXFP3868J1ZD (Haryana). The LLP holds 2 GST registrations, all of them active.
The LLP has a total obligation of contribution of ₹1.09 Cr. It is led by designated partners Beatrice Ordonez and Rohit Mohan Kulkarni.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 11/37 G/F Old Rajendra Nagar, Delhi, India – 110060.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹37.76 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹2.93 Cr (net margin 7.8%) and EBITDA of ₹4.7 Cr (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years.
The LLP has about 40 employees on its provident fund (EPFO) records.
The LLP is associated with 1 brand: Payoneer.
For more details, the LLP can be reached via its website payoneer.com.
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- Registered Address11/37 G/F Old Rajendra Nagar, Delhi, India – 110060
- IndustryTravel and Hospitality, Consumer Professional Services
- 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
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Associated Brands with Payoneer India Commerce LLP
Payoneer India Commerce operates one associated brand: Payoneer. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cross-border payments are enabled for businesses via diverse payout methods. | payoneer.com |
Financials of Payoneer India Commerce LLP FY 2025 filings available
Payoneer India Commerce LLP reported revenue of ₹37.76 Cr (up 55% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Payoneer India Commerce LLP
Revenue has grown at a compounded annual rate (CAGR) of 49% over three years, including 55% growth in the latest year. EBITDA rose 70% 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 Payoneer India Commerce LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹2.93 Cr | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• |
| Assets and Liabilities | ||||
| Partners' Contribution | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Payoneer India Commerce LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | 7.8% | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Payoneer India Commerce are in the company report.
Financial statements from FY 2020
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.
Designated Partners of Payoneer India Commerce LLP
Payoneer India Commerce has 2 current designated partners and 3 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Beatrice Ordonez Also directs: Payoneer India Private Limited | Designated Partner | 18 Oct 2024 | 2 Years 0 Months | Current |
| Rohit Mohan Kulkarni Also directs: Mintroad Advisory LLP, Rev Snacks Private Limited | Designated Partner | 03 May 2019 | 7 Years 5 Months | Current |
Ownership and Shareholding of Payoneer India Commerce LLP
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 Payoneer India Commerce LLP
Payoneer India Commerce LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Payoneer India Commerce LLP
Payoneer India Commerce LLP has a workforce of 40 employees as of Apr 06, 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.
Recent Activity on Payoneer India Commerce LLP
Payoneer India Commerce LLP has 6 designated partner changes on record since 2019: 3 appointments and 3 cessations. The latest: Beatrice Ordonez was appointed as Designated Partner on 18 Oct 2024.
Credit Ratings, Litigation & Regulatory Alerts for Payoneer India Commerce LLP
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 Payoneer India Commerce LLP
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 Payoneer India Commerce LLP
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 Payoneer India Commerce LLP
Payoneer India Commerce has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAXFP3868J1ZD | Haryana | Active | 22 Jul 2019 |
| 29AAXFP3868J1Z5 | Karnataka | Active | 22 Jul 2019 |
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 Payoneer India Commerce LLP
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.
Related news about Payoneer India Commerce LLP
Frequently Asked Questions about Payoneer India Commerce LLP
Payoneer India Commerce is an active limited liability partnership based in Delhi, India. The LLP works in consumer professional services, within the travel and hospitality industry. It was incorporated on 03 May 2019 (7+ years old) and is registered under LLPIN AAP-1749.
Payoneer India Commerce reported revenue of ₹37.76 Cr for FY 2023 (up 55% YoY).
Payoneer India Commerce has 2 current designated partners:
- Beatrice Ordonez - Designated Partner
- Rohit Mohan Kulkarni - Designated Partner
Payoneer India Commerce reported a net profit of ₹2.93 Cr (net margin 7.8%) and EBITDA of ₹4.7 Cr (EBITDA margin 12.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Payoneer India Commerce is 49% over three years. In the latest year (FY 2023) revenue rose 55%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Payoneer India Commerce is 06AAXFP3868J1ZD, registered in Haryana. The LLP has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAXFP3868J1Z5 (Karnataka).
The LLPIN (Limited Liability Partnership Identification Number) of Payoneer India Commerce is AAP-1749. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Payoneer India Commerce was incorporated on 03 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
Beatrice Ordonez was appointed as Designated Partner on 18 Oct 2024. Beatrice Ordonez ceased to be Designated Partner on 18 Oct 2024. Scott Howard Galit ceased to be Designated Partner on 18 Oct 2024. Payoneer India Commerce has 6 designated partner changes on record in total.
Payoneer India Commerce can be reached through the website payoneer.com. Its registered office is in Delhi, India.