DPIIT recognised startup Government of India
Startup India
Payroot Fin India Private Limited
Payroot Fin India Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.03 Cr
▲ 37275% YoY
Net profit · FY 2024
₹6.83 Lakh
Net margin 2.3%
EBITDA · FY 2024
₹9.76 Lakh
EBITDA margin 3.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Payroot Fin India Private Limited
Data last updated:
Payroot Fin India Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 27 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2020PTC350846. Its GSTIN is 32AALCP6168J1Z1 (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kizhakke Pallikkal Mohammed Musthafa and Shajeer.
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 Floor 3rd 89/91 Mapla House Modi Street Karva Khana Masjid Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.03 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.83 Lakh (net margin 2.3%) and EBITDA of ₹9.76 Lakh (EBITDA margin 3.2%).
Payroot Fin India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0044224).
Company details
CIN U72900MH2020PTC350846
Registration Number 350846
Incorporation Date 27 November 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0044224
Key People
Kizhakke Pallikkal Mohammed Musthafa Director Shajeer Director Palakkuniyil Shamseer Director Recognitions & Rankings of Payroot Fin India
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-MH-19-0044224
Contact details
Payroot Fin India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFloor 3rd 89/91 Mapla House Modi Street Karva Khana Masjid Fort, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Online Payment Gateways
To see the full contact details of Payroot Fin India Private Limited, buy the company report.
Comprehensive company report
Payroot Fin India Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Payroot Fin India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Payroot Fin India Private Limited, buy the company report.
Financials of Payroot Fin India Private Limited
FY 2024 filings availablePayroot Fin India Private Limited reported revenue of ₹3.03 Cr (up 37275% YoY) for FY 2024.
Revenue · FY 2024
₹3.03 Cr ▲ 37275%
Net profit · FY 2024
₹6.83 Lakh margin 2.3%
EBITDA · FY 2024
₹9.76 Lakh margin 3.2%
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | ₹9.76 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹6.83 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.2% | |||
| Net Profit Margin | 2.3% | |||
| 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 | ||||
To see the full financial statements and ratios of Payroot Fin India Private Limited, buy the company report.
Board of directors of Payroot Fin India Private Limited
Payroot Fin India has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kizhakke Pallikkal Mohammed Musthafa | Director | 27 Nov 2020 | 5 Years 10 Months | Current |
| Shajeer | Director | 27 Nov 2020 | 5 Years 10 Months | Current |
| Palakkuniyil Shamseer Also directs: Transmoni Payments (India) Private Limited, Paytribe India Private Limited, Wrdigital Solutions Private Limited and 1 more | Director | 27 Nov 2020 | 5 Years 10 Months | Current |
Auditor
Payroot Fin India Private Limited is audited by MANESH RINEESH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANESH RINEESH & ASSOCIATES | FY 2023 | 013634S |
Shareholding
The shareholding of Payroot Fin India Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Payroot Fin India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Payroot Fin 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 Payroot Fin India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Payroot Fin India Private Limited has 1 active EPFO establishment as of Mar 28, 2024.
Active EPFO establishments
1
GST
Payroot Fin India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AALCP6168J1Z1 | Kerala | Active | 17 Feb 2022 |
To see the full GST registrations and return filing status of Payroot Fin India Private Limited, buy the company report.
Recent activity
Payroot Fin India Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Kizhakke Pallikkal Mohammed Musthafa was appointed as Director on 27 Nov 2020.
AGM
Payroot Fin India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Payroot Fin India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Appointed
Kizhakke Pallikkal Mohammed Musthafa was appointed as Director.
Appointed
Palakkuniyil Shamseer was appointed as Director.
Appointed
Shajeer was appointed as Director.
Incorporation
27 Nov 2020
Payroot Fin India Private Limited was registered on 27 Nov 2020 with Roc Mumbai I & aged 5 years 10 months as per MCA records.
Frequently asked questions
Payroot Fin India is an active private limited company based in Mumbai, Maharashtra, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 27 November 2020 (6+ years old) and is registered under CIN U72900MH2020PTC350846.
Payroot Fin India has 3 current directors:
- Kizhakke Pallikkal Mohammed Musthafa - Director
- Shajeer - Director
- Palakkuniyil Shamseer - Director
The latest financial statements of Payroot Fin 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 2021 are in the company report.
The GSTIN of Payroot Fin India is 32AALCP6168J1Z1, registered in Kerala.
The CIN (Corporate Identification Number) of Payroot Fin India is U72900MH2020PTC350846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payroot Fin India was incorporated on 27 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Kizhakke Pallikkal Mohammed Musthafa was appointed as Director on 27 Nov 2020. Palakkuniyil Shamseer was appointed as Director on 27 Nov 2020. Shajeer was appointed as Director on 27 Nov 2020.
Yes, Payroot Fin India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Payroot Fin India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0044224).
The registered office of Payroot Fin India is at Floor 3rd 8991 Mapla House Modi Street Karva Khana Masjid Fort, Mumbai, Maharashtra, India – 400001.