About Paypal Payments Private Limited
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Paypal Payments Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Paypal Pte Ltd.. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 05 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2009PTC194653. Its GSTIN is 27AAGCP4442G1ZF (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.42 Lakh. It is led by directors including Nath Parameshwaran (Whole-Time Director) and Wong Mun Yat.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹923.45 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹18.9 Lakh (net margin 0%) and EBITDA of ₹25.56 Cr (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 5% over five years.
The company is associated with 1 brand: PayPal. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 3 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹65 Cr; the latest was in October 2017. Its 4 peer companies in the BFSI industry (Payment Solution Providers), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 2 smaller; the largest is Paymate India Limited with revenue of ₹1,344.01 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2023, listing 33 overdue payments to 10 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paypal.com.
Company details
Contact details
Paypal Payments Private Limited's registered office is in Mumbai, Maharashtra. Its website is paypal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGodrej BKC Unit No. 4 3rd Floor Plot C68, G Block Cts No. 4207 Bandra Kurla Complex, Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Paypal Payments 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
Paypal Payments operates one associated brand: PayPal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online payment solutions are offered to consumers and businesses. | paypal.com |
Business activity
The main business activities of Paypal Payments are financial and insurance service and support service to organizations. In detail, this covers other financial activities and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Paypal Payments Private Limited, buy the company report.
Financials of Paypal Payments Private Limited
FY 2025 filings availablePaypal Payments Private Limited reported revenue of ₹923.45 Cr (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 35% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹25.56 Cr | ||||
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| Net Profit (PAT) | -₹18.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Paypal Payments Private Limited, buy the company report.
Board of directors of Paypal Payments Private Limited
Paypal Payments has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Wong Mun Yat Also directs: Paypal India Private Limited | Director | 12 Mar 2020 | 6 Years 7 Months | Current |
| Nath Parameshwaran Also directs: Paypal India Private Limited | Whole-Time Director | 17 Jun 2016 | 10 Years 4 Months | Current |
| Murshed Syed Abid | Director | 24 Jun 2024 | 2 Years 4 Months | Current |
| Neetha Jayanth | Director | 18 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Paypal Payments Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Payment Solution Providers), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paymate India Limited | ₹1,344.01 Cr (FY 2024) | -1.0% | Mumbai, Maharashtra, India | |||
| One Mobikwik Systems Limited | ₹1,192.49 Cr (FY 2025) | 34.0% | Gurugram, Haryana, India | |||
| Paypal Payments Private Limitedthis company | ₹923.45 Cr (FY 2025) | -₹18.9 Lakh | 0% | -11.0% | Mumbai, Maharashtra, India | |
| Worldline Epayments India Private Limited | ₹726.43 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Phonepe Limited | ₹725.32 Cr (FY 2021) | 70.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Paypal Payments Private Limited, buy the company report.
Auditor
Paypal Payments Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Paypal Payments Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Paypal Payments Private Limited, buy the company report.
Deals & funding
Paypal Payments Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹65 Cr; the latest was in October 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Funding round | ₹65 Cr | Investors: Paypal India Private Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: PayPal Pte Limited, an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Paypal Payments Private Limited has 6 court cases on record: 3 filed by Paypal Payments, 3 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
| District courts | 2 | 2 | 1 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Commercial suit | Filed against the company by M/S. Jisha Jewels Pvt. Ltd | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Assistant Commissioner of Income Tax | Pending |
| High Court | Writ petition | Filed by the company against Assistant Commissioner of Income Tax and 5 others | Pending |
| District court, Panipat, Haryana | Court case (INDIG) | Filed against the company by an individual | Pending |
| High Court of Delhi | Appeal | Filed by the company against Financial Intelligence Unit India. Through Additional Director & Anr. | Disposed |
To see the full case history of Paypal Payments 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
Paypal Payments Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 33 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Tracxn Technologies Limited | |||
| Tempus Gems Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Aegis Customer Support Services Private Limited |
To see the full MSME payment records of Paypal Payments Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Paypal Payments has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCP4442G1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paypal Payments Private Limited, buy the company report.
Recent activity
Paypal Payments Private Limited has 17 board changes on record since 2015: 4 appointments and 13 cessations. The latest: Neetha Jayanth ceased to be Additional Director on 23 Sep 2024.
8 earlier events are in the company report.
News
Frequently asked questions
Paypal Payments is an active private limited company based in Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 05 August 2009 (17+ years old) and is registered under CIN U74990MH2009PTC194653.
Paypal Payments has 4 current directors:
- Nath Parameshwaran - Whole-Time Director
- Wong Mun Yat - Director
- Murshed Syed Abid - Director
- Neetha Jayanth - Director
The latest financial statements of Paypal Payments on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Paypal Payments is 27AAGCP4442G1ZF, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Paypal Payments is U74990MH2009PTC194653. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paypal Payments has 6 court cases on record: 3 filed by the company and 3 filed against it. 3 are pending. Most are in the high courts.
Paypal Payments was incorporated on 05 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Paypal Payments has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹65 Cr; the latest was in October 2017.
The peers of Paypal Payments by revenue are Paymate India Limited, One Mobikwik Systems Limited, Worldline Epayments India Private Limited, Phonepe Limited, all in the BFSI industry (Payment Solution Providers), with the same principal business activity (other financial activities).
Neetha Jayanth ceased to be Additional Director on 23 Sep 2024. Neetha Jayanth was appointed as Director on 18 Sep 2024. Murshed Syed Abid ceased to be Additional Director on 17 Sep 2024. Paypal Payments has 17 board changes on record in total.
Paypal Payments has 8 MSME Form 1 returns on record between 2019 and 2023, listing 33 overdue payments to 10 micro and small suppliers. The latest return was filed on 30 Aug 2023.
Paypal Payments can be reached through the website paypal.com. Its registered office is in Mumbai, Maharashtra, India.