About Payrule Services Private Limited
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Payrule Services Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 28 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U93090PN2017PTC171702. Its GSTIN is 27AAJCP3402B1ZW (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ankita Rajkumar Balai and Darshan Mahaveer Balai.
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 Office106 Raviraj Cru Mall 2nd Floor Near Gangadham Chowk Bibvewadi – Kondhward, Pune, Maharashtra, India – 411037.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.68 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹53.61 Lakh (net margin 20%) and EBITDA of ₹72.84 Lakh (EBITDA margin 27.2%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 17% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: PayRule HR Solutions. As per MCA filings, the company has open charges of ₹73 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website payrule.in.
Company details
Contact details
Payrule Services Private Limited's registered office is in Pune, Maharashtra. Its website is payrule.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice106 Raviraj Cru Mall 2nd Floor Near Gangadham Chowk Bibvewadi – Kondhward, Pune, Maharashtra, India – 411037
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Payrule 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
Payrule Services operates one associated brand: PayRule HR Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers payroll management, statutory compliance, and labour law services for organizations. | payrule.in |
Business activity
The main business activity of Payrule Services is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Payrule Services Private Limited, buy the company report.
Financials of Payrule Services Private Limited
FY 2025 filings availablePayrule Services Private Limited reported revenue of ₹2.68 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 2% growth in the latest year. EBITDA fell 4% 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 | ₹72.84 Lakh | ||||
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| Net Profit (PAT) | ₹53.61 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 | 27.2% | ||||
| Net Profit Margin | 20% | ||||
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To see the full financial statements and ratios of Payrule Services Private Limited, buy the company report.
Board of directors of Payrule Services Private Limited
Payrule Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankita Rajkumar Balai | Director | 28 Jul 2017 | 9 Years 3 Months | Current |
| Darshan Mahaveer Balai | Director | 28 Jul 2017 | 9 Years 3 Months | Current |
Peer comparison
Payrule Services Private Limited is compared with the 4 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VHK Technologies & Developers Services Private Limited | ₹2.69 Cr (FY 2022) | 3.0% | Noida, Uttar Pradesh, India | |||
| Sandha and Associates Private Limited | ₹2.69 Cr (FY 2024) | -49.0% | Gurgaon, Haryana, India | |||
| Payrule Services Private Limitedthis company | ₹2.68 Cr (FY 2025) | ₹53.61 Lakh | 20% | 2.0% | 26 | Pune, Maharashtra, India |
| Sam Stream Line Systems Pvt Ltd | ₹2.68 Cr (FY 2020) | -18.0% | Indore, Madhya Pradesh, India | |||
| Zodnik Solutions India Private Limited | ₹2.68 Cr (FY 2025) | 61.0% | Pimple Nilakh, Pune, Maharashtra, India |
To see the full peer comparison of Payrule Services Private Limited, buy the company report.
Auditor
Payrule Services Private Limited is audited by CHETAN CHAUDHARY & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHETAN CHAUDHARY & CO | FY 2022 | 160985 |
Shareholding
The shareholding of Payrule Services 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 Payrule Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2025 | 101190666 | Others | ₹73 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Payrule 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 Payrule Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Payrule Services Private Limited has a workforce of 26 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 26 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Payrule Services Private Limited, buy the company report.
GST
Payrule Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCP3402B1ZW | Maharashtra | Active | 12 Aug 2017 |
To see the full GST registrations and return filing status of Payrule Services Private Limited, buy the company report.
Recent activity
Payrule Services Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Ankita Rajkumar Balai was appointed as Director on 28 Jul 2017.
Frequently asked questions
Payrule Services is an active private limited company based in Pune, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 28 July 2017 (9+ years old) and is registered under CIN U93090PN2017PTC171702.
Payrule Services has 2 current directors:
- Ankita Rajkumar Balai - Director
- Darshan Mahaveer Balai - Director
The latest financial statements of Payrule Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Payrule Services is 27AAJCP3402B1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Payrule Services is U93090PN2017PTC171702. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Payrule Services was incorporated on 28 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Payrule Services by revenue are VHK Technologies & Developers Services Private Limited, Sandha and Associates Private Limited, Sam Stream Line Systems Pvt Ltd, Zodnik Solutions India Private Limited, all in the Outsourcing industry (HR Outsourcing), with the same principal business activity (placement agencies and hr management services).
Ankita Rajkumar Balai was appointed as Director on 28 Jul 2017. Darshan Mahaveer Balai was appointed as Director on 28 Jul 2017.
Payrule Services can be reached through the website payrule.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Payrule Services is at Office106 Raviraj Cru Mall 2nd Floor Near Gangadham Chowk Bibvewadi – Kondhward, Pune, Maharashtra, India – 411037.
Payrule Services operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
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