About Paysense Services India Private Limited
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Paysense Services India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Paysense Pte. Ltd. (Along With Its Nominee). It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 24 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72100MH2015PTC266824. Its GSTIN is 27AAICP2411K1ZF (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹5.83 Cr. It is led by directors including Ankit Nahata and Nivesh Seth.
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 Empresa Building Fourth Floor, Second Road Khar West Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2025, the company reported a revenue of ₹147.76 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹183 Cr (net margin -123.9%) and EBITDA of -₹168.59 Cr (EBITDA margin -114.1%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 8% over five years.
The company has about 301 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: PaySense. Court records list 18 cases involving the company, including 18 filed against it; 10 cases are pending. The company has 20 deals on record (15 rights issues, 3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1,205.72 Cr; the latest was in November 2025. The company has 5 MSME Form 1 returns on record between 2019 and 2023, listing 30 overdue payments to 7 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 gopaysense.com.
Company details
CIN history
Paysense Services India has one previous CIN (Corporate Identification Number): U74999MH2015PTC266824. The current CIN is U72100MH2015PTC266824, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100MH2015PTC266824 | Current |
| U74999MH2015PTC266824 | Previous |
Contact details
Paysense Services India Private Limited's registered office is in Mumbai, Maharashtra. Its website is gopaysense.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressEmpresa Building Fourth Floor, Second Road Khar West Mumbai, Maharashtra, India – 400052
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Paysense Services India 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
Paysense Services India operates one associated brand: PaySense. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for consumer loans | gopaysense.com |
Business activity
The main business activity of Paysense Services 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 Paysense Services India Private Limited, buy the company report.
Financials of Paysense Services India Private Limited
FY 2025 filings availablePaysense Services India Private Limited reported revenue of ₹147.76 Cr (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 48% 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 | -₹168.59 Cr | ||||
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| Net Profit (PAT) | -₹183 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -114.1% | ||||
| Net Profit Margin | -123.9% | ||||
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To see the full financial statements and ratios of Paysense Services India Private Limited, buy the company report.
Board of directors of Paysense Services India Private Limited
Paysense Services India has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Nahata Also directs: Lazypay Private Limited | Director | 27 Dec 2024 | 1 Years 10 Months | Current |
| Nivesh Seth | Director | 13 Jun 2025 | 1 Years 4 Months | Current |
| Ashish Kumar Sharma Also directs: Trego Capital Private Limited | Director | 01 Mar 2024 | 2 Years 8 Months | Current |
| Pramod Ramchandra Rao | Director | 13 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Paysense Services India Private Limited is audited by Suresh Surana & Associates LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh Surana & Associates LLP | FY 2022 | 121750W |
Shareholding
The shareholding of Paysense Services India 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 Paysense Services India Private Limited, buy the company report.
Deals & funding
Paysense Services India Private Limited has 20 deals on record (15 rights issues, 3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1,205.72 Cr; the latest was in November 2025.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2025 | Rights issue | ₹250 Cr | Investors: Payu Payments Private Limited |
| May 2025 | Rights issue | ₹300 Cr | Investors: Payu Payments Private Limited |
| Jan 2025 | Rights issue | ₹520 Cr | Investors: Payu Payments Private Limited |
| Sep 2024 | Rights issue | ₹100 Cr | Investors: Payu Payments Private Limited |
| Jul 2024 | Rights issue | ₹292.25 Cr | Investors: Payu Payments Private Limited |
To see the full deal history of Paysense Services India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Paysense Services India Private Limited has 18 court cases on record: 18 filed against it. 10 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 12 | 6 |
| District courts | 6 | 6 | 4 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Chhattisgarh | Appeal | Filed against the company by Cholamandalam Investment and Finance Company Limited (Cifcl) | Disposed |
| High Court of Chhattisgarh | Writ petition | Filed against the company | Pending |
| District court, BENGALURU, Karnataka | Court case (I.C.) | Filed against the company by an individual | Pending |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company | Pending |
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Paysense Services India 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
Paysense Services India Private Limited has 5 MSME Form 1 returns on record between 2019 and 2023, listing 30 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Muhavra Enterprises Private Limited | |||
| Finnov India Development Center Private Limited | |||
| an individual supplier | |||
| Perfios Software Solutions Private Limited | |||
| Inde Global Consulting LLP |
To see the full MSME payment records of Paysense Services India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Paysense Services India Private Limited has a workforce of 301 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Paysense Services India has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP2411K1ZF | Maharashtra | Active | 01 Jul 2017 |
| 29AAICP2411K1ZB | Karnataka | Active | 25 Apr 2023 |
To see the full GST registrations and return filing status of Paysense Services India Private Limited, buy the company report.
Recent activity
Paysense Services India Private Limited has 16 board changes on record since 2015: 5 appointments and 11 cessations. The latest: Ankit Nahata ceased to be Additional Director on 23 Sep 2025.
7 earlier events are in the company report.
News
Frequently asked questions
Paysense Services India is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 24 July 2015 (11+ years old) and is registered under CIN U72100MH2015PTC266824.
Paysense Services India has 4 current directors:
- Ankit Nahata - Director
- Nivesh Seth - Director
- Ashish Kumar Sharma - Director
- Pramod Ramchandra Rao - Director
The latest financial statements of Paysense Services India 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 FY 2016 are in the company report.
The GSTIN of Paysense Services India is 27AAICP2411K1ZF, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAICP2411K1ZB (Karnataka).
The CIN (Corporate Identification Number) of Paysense Services India is U72100MH2015PTC266824. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paysense Services India has 18 court cases on record: 18 filed against it. 10 are pending. Most are in the high courts.
Paysense Services India was incorporated on 24 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Paysense Services India has 20 deals on record (15 rights issues, 3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1,205.72 Cr; the latest was in November 2025.
Ankit Nahata ceased to be Additional Director on 23 Sep 2025. Nivesh Seth ceased to be Additional Director on 23 Sep 2025. Pramod Ramchandra Rao ceased to be Additional Director on 23 Sep 2025. Paysense Services India has 16 board changes on record in total.
Paysense Services India has 5 MSME Form 1 returns on record between 2019 and 2023, listing 30 overdue payments to 7 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Paysense Services India can be reached through the website gopaysense.com. Its registered office is in Mumbai, Maharashtra, India.
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