Payplex Solutions Private Limited
About Payplex Solutions Private Limited
Data last updated:
Payplex Solutions Private Limited is a private limited company based in Latehar, Jharkhand, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 24 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U72900JH2021PTC017041. Its GSTIN is 20AAMCP2363E1ZR (Jharkhand).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ravi Kumar and Anand Kumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Latehar, Jharkhand.
As per the financials filed for FY 2024, the company reported a revenue of ₹31.59 Lakh, a growth of 84% compared to the previous year. For the same year it recorded a net loss of ₹12.74 Lakh (net margin -40.3%) and EBITDA of -₹12.74 Lakh (EBITDA margin -40.3%).
The company is associated with 1 brand: Payplex.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressStation Road Chatnahi, Near Panchmukhi Hanuman Mandil, Latehar, Jharkhand, India – 829206
- IndustryFinancial Services, Digital Payment Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Payplex Solutions Private Limited
The main business activity of Payplex Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Payplex Solutions Private Limited FY 2025 filings available
Payplex Solutions Private Limited reported revenue of ₹31.59 Lakh (up 84% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Payplex Solutions Private Limited
Revenue rose 84% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Payplex Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹12.74 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12.74 Lakh | •••• | •••• |
| 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 of Payplex Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -40.3% | •••• | •••• |
| Net Profit Margin | -40.3% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Payplex Solutions are in the company report.
Financial statements from FY 2022
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.
Peer Comparison of Payplex Solutions Private Limited
Payplex Solutions Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Payment Solution Providers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Diosm Fintech Private Limited | •••• | •••• | •••• | •••• | - | Damoh, Madhya Pradesh, India |
| Agskart Private Limited | •••• | •••• | •••• | •••• | 17 | Nelamangala, Karnataka, India |
| Payout Fintech Private Limited | •••• | •••• | •••• | •••• | - | Saidapet, Tamil Nadu, India |
| Boson Systems Private Limited | •••• | •••• | •••• | •••• | 27 | Mumbai, Maharashtra, India |
| Flow Finance Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Payplex Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Latehar, Jharkhand, India |
| Veelsplus Touchtech Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Nearex Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Botmatic Solution Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Achatz Paiements India Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Indiconnect Paytech Private Limited | •••• | •••• | •••• | •••• | - | Aurangabad, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Payplex Solutions by revenue in the BFSI industry (Payment Solution Providers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Payplex Solutions Private Limited
Payplex Solutions Private Limited is audited by CHANDANRAKSHIT for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHANDANRAKSHIT | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Payplex Solutions Private Limited
Payplex Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Kumar | Director | 24 Aug 2021 | 5 Years 1 Months | Current |
| Anand Kumar | Director | 24 Aug 2021 | 5 Years 1 Months | Current |
Ownership and Shareholding of Payplex Solutions Private Limited
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 Payplex Solutions Private Limited
Payplex Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Payplex Solutions Private Limited
Payplex Solutions operates one associated brand: Payplex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Payplex provides secure payment processing, kiosks, and financial services for transactions. | payplex.in |
Employees and EPFO Compliance at Payplex Solutions Private Limited
Payplex Solutions Private Limited has a workforce of 0 employees as of Apr 01, 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 Payplex Solutions Private Limited
Payplex Solutions Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Jyoti Kumari ceased to be Director on 20 Jul 2025.
Credit Ratings, Litigation & Regulatory Alerts for Payplex Solutions Private Limited
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 Payplex Solutions Private Limited
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 Payplex Solutions Private Limited
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 Payplex Solutions Private Limited
Payplex Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAMCP2363E1ZR | Jharkhand | Active | 23 Feb 2022 |
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 Payplex Solutions Private Limited
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.
Frequently Asked Questions about Payplex Solutions Private Limited
Payplex Solutions is an active private limited company based in Latehar, Jharkhand, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 24 August 2021 (5+ years old) and is registered under CIN U72900JH2021PTC017041.
Payplex Solutions reported revenue of ₹31.59 Lakh for FY 2024 (up 84% YoY).
Payplex Solutions has 2 current directors:
- Ravi Kumar - Director
- Anand Kumar - Director
Payplex Solutions reported a net loss of ₹12.74 Lakh (net margin -40.3%) and EBITDA of -₹12.74 Lakh (EBITDA margin -40.3%) for FY 2024, as per its filed financial statements.
The GSTIN of Payplex Solutions is 20AAMCP2363E1ZR, registered in Jharkhand.
The CIN (Corporate Identification Number) of Payplex Solutions is U72900JH2021PTC017041. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payplex Solutions was incorporated on 24 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ranchi.
The peers of Payplex Solutions by revenue are Diosm Fintech Private Limited, Agskart Private Limited, Payout Fintech Private Limited, Boson Systems Private Limited, Flow Finance Private Limited and 5 more, all in the BFSI industry (Payment Solution Providers).
Jyoti Kumari ceased to be Director on 20 Jul 2025. Jyoti Kumari was appointed as Director on 01 Dec 2022. Anand Kumar was appointed as Director on 24 Aug 2021. Payplex Solutions has 4 board changes on record in total.
The registered office of Payplex Solutions is at Station Road Chatnahi, Near Panchmukhi Hanuman Mandil, Latehar, Jharkhand, India – 829206.
Payplex Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.