Payrs E-Services Private Limited
About Payrs E-Services Private Limited
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Payrs E-Services Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the retail trade segment of the home appliances and consumer durables sector. It was incorporated on 31 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2019PTC332412. Its GSTIN is 27AAKCP8499D1ZS (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Umesh Radheshyam Jaiswal and Radheshyam Choudhary.
Its last annual general meeting (AGM) was held on 25 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C/O Laxman Ramsundar Choudhary Opp Kumal School Panchsheel Nagar, Nagpur, Maharashtra, India – 440019.
As per the financials filed for FY 2023, the company reported a revenue of ₹40.6 Lakh, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹3.09 Lakh (net margin 7.6%) and EBITDA of -₹86,185 (EBITDA margin -2.1%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years.
The company is associated with 2 brands: Payrs and PayRs E- Services.
Company details
Contact details
Payrs E-Services Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressC/O Laxman Ramsundar Choudhary Opp Kumal School Panchsheel Nagar, Nagpur, Maharashtra, India – 440019
- IndustryHome Appliances, Retailers, Non Specialized Stores
To see the full contact details of Payrs E-Services 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
Payrs E-Services operates two associated brands: Payrs and PayRs E- Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers custom software application development services tailored to client needs. | perupees.com | |
| Offers B2B software for recharges, APIs, and banking solutions to businesses. | payrs.co.in |
Business activity
The main business activity of Payrs E-Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Payrs E-Services Private Limited, buy the company report.
Financials of Payrs E-Services Private Limited
FY 2023 filings availablePayrs E-Services Private Limited reported revenue of ₹40.6 Lakh (up 43% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 43% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 94% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹86,185 | |||
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| Net Profit (PAT) | ₹3.09 Lakh | |||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | ||||
| EBITDA Margin | -2.1% | |||
| Net Profit Margin | 7.6% | |||
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To see the full financial statements and ratios of Payrs E-Services Private Limited, buy the company report.
Board of directors of Payrs E-Services Private Limited
Payrs E-Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Umesh Radheshyam Jaiswal Also directs: Apix Station LLP | Director | 31 Oct 2019 | 6 Years 11 Months | Current |
| Radheshyam Choudhary | Director | 31 Oct 2019 | 6 Years 11 Months | Current |
Peer comparison
Payrs E-Services Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Boudhik Ventures Private Limited | ₹40.61 Lakh (FY 2024) | -15.0% | Gurgaon, Haryana, India | |||
| HR Infocare Private Limited | ₹40.61 Lakh (FY 2017) | 6.0% | Ahmedabad, Gujarat, India | |||
| Payrs E-Services Private Limitedthis company | ₹40.6 Lakh (FY 2023) | ₹3.09 Lakh | 7.6% | 43.0% | Nagpur, Maharashtra, India | |
| Kna Solutions India Private Limited | ₹40.59 Lakh (FY 2024) | 121.0% | Delhi, India | |||
| S.V.Exim Private Limited | ₹40.59 Lakh (FY 2023) | 3.0% | Indore, Madhya Pradesh, India | |||
| Quantfarm (OPC) Private Limited | ₹40.57 Lakh (FY 2025) | -26.0% | Durg, Chhattisgarh, India | |||
| Brisk Eye Management Private Limited | ₹40.57 Lakh (FY 2022) | 157.0% | Delhi, India |
To see the full peer comparison of Payrs E-Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Payrs E-Services 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 Payrs E-Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Payrs E-Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCP8499D1ZS | Maharashtra | Active | 16 Nov 2019 |
To see the full GST registrations and return filing status of Payrs E-Services Private Limited, buy the company report.
Recent activity
Payrs E-Services Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Radheshyam Choudhary was appointed as Director on 31 Oct 2019.
Frequently asked questions
Payrs E-Services is an active private limited company based in Nagpur, Maharashtra, India. The company works in retailers, within the home appliances industry. It was incorporated on 31 October 2019 (7+ years old) and is registered under CIN U52100MH2019PTC332412.
Payrs E-Services has 2 current directors:
- Umesh Radheshyam Jaiswal - Director
- Radheshyam Choudhary - Director
The latest financial statements of Payrs E-Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 25 July 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Payrs E-Services is 27AAKCP8499D1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Payrs E-Services is U52100MH2019PTC332412. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payrs E-Services was incorporated on 31 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Payrs E-Services by revenue are Boudhik Ventures Private Limited, HR Infocare Private Limited, Kna Solutions India Private Limited, S.V.Exim Private Limited, Quantfarm (OPC) Private Limited and 1 more, all in the same principal business activity (other professional, scientific and technical activities).
Radheshyam Choudhary was appointed as Director on 31 Oct 2019. Umesh Radheshyam Jaiswal was appointed as Director on 31 Oct 2019.
The registered office of Payrs E-Services is at CO Laxman Ramsundar Choudhary Opp Kumal School Panchsheel Nagar, Nagpur, Maharashtra, India – 440019.
Payrs E-Services operates in the home appliances industry, in the retailers segment.
Payrs E-Services has 2 associated brands: Payrs, Payrs E- Services.