Payswiff Solutions Private Limited - Company Profile

Q: Where is Payswiff Solutions Private Limited headquartered?

Payswiff Solutions Private Limited is headquartered at 2-4856, VaishnaviS Cynosure, 10Th Floor Opp. Rttc, Telecom Nagar Extn, Gachibowl, I, Hyderabad, Telangana, 500032.

It is a financial services private limited company based in Hyderabad, Telangana, India, established in 2012.

2012 Hyderabad, Telangana, India Amalgamated

Last Updated: July 26, 2025

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About Payswiff Solutions Private Limited

Payswiff Solutions Private Limited, a amalgamated private limited company, was established on 03 December 2012 in Hyderabad, Telangana, India. Engaging in digital payment solutions within the information and communication sector, it holds CIN: U74120TG2012PTC084551. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹3.55 Cr.

Formerly known as Paynear Solutions Limited, Paynear Solutions Private Limited. It upholds a compliant status. Employing 385 professional, Its leadership includes Arulselvan Dharmalingam (Director), Ravindra Kumar Kundu (Director), Prabhuram Radhakrishnan (Director). Past directors included Maulik Bipin Shah, Arulselvan Dharmalingam, Sreedhar Challa. It holds no open charges and ₹24.23 Cr settled loans. Its latest AGM occurred on 20 September 2022, with the balance sheet filed on 31 March 2022. It is based at 2-48/5/6, Vaishnavi'S Cynosure, 10Th Floor Opp. Rttc, Telecom Nagar Extn, Gachibowl, I, Hyderabad, Telangana, 500032.

Company Details

CIN/LLPIN
U74120TG2012PTC084551
Registration Number
084551
Incorporation Date
03 December 2012
Authorized Capital
₹5.00 Cr
Paid-Up Capital
₹3.55 Cr
ROC Code
Roc Hyderabad
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 5.00 Cr as on 26-07-2025
Paid Up Capital ₹ 3.55 Cr as on 26-07-2025
Company Age 13 Year, 3 Months
Last Filing with ROC 31 Mar 2022
Satisfied Charges ₹ 24.23 Cr as on 26-07-2025
Revenue Growth **** 39.63% (FY 2022)
Profit Growth **** -1399.56% (FY 2022)
Ebitda **** -138.20% (FY 2022)
Net Worth -52.69% (FY 2022)
Total Assets **** 45.28% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Payswiff Solutions Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Payswiff Solutions Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Arulselvan Dharmalingam	Director	11 Mar 2022	Current
Ravindra Kumar Kundu	Director	11 Mar 2022	Current
Prabhuram Radhakrishnan	Director	13 Aug 2015	Current
Priti Maulik Shah	Director	10 Mar 2014	Current
Arun Venkatachalam	Director	11 Mar 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	11 Mar 2022	Past
Pramod Abcsdd	Additional Director	15 Mar 2022	Past
Pramod Abcsdd	Director	31 Dec 2014	Past
Pramod Abcsdd	Director	28 Aug 2013	Past
Pramod Abcsdd	Additional Director	22 Sep 2015	Past
Pramod Abcsdd	Director	20 Nov 2016	Past

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Financial Performance of Payswiff Solutions.

Payswiff Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 39.63% increase. The company also saw a substantial fall in profitability, with a 1399.56% decrease in profit. The company's net worth observed a substantial decline by a decrease of 52.69%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

39.63%

*******

Revenue from Operations

*******

39.46%

*******

Total Assets

*******

45.28%

*******

Profit or Loss

*******

-1399.56%

*******

Net Worth

*******

-52.69%

*******

EBITDA

*******

-138.20%

*******

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What is the Ownership and Shareholding Structure of Payswiff Solutions?

In 2022, Payswiff Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹242,300,000.00

Charges Breakdown by Lending Institutions

Others : 19.23 Cr
Axis Bank Limited : 5.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
18 Nov 2021	Others	₹5.00 Cr	Satisfied
17 Aug 2021	Axis Bank Limited	₹5.00 Cr	Satisfied
10 Jun 2021	Others	₹3.00 Cr	Satisfied
17 Sep 2020	Others	₹7.50 M	Satisfied
28 Aug 2020	Others	₹1.25 Cr	Satisfied

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How Many Employees Work at Payswiff Solutions?

Payswiff Solutions has a workforce of 385 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Payswiff Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Payswiff Solutions's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Payswiff Solutions

Recent Activity within the Organization

Annual General Meeting

The activity Payswiff Solutions Private Limited last Annual general meeting of members was held on 20 Sep 2022 as per latest MCA records. was completed.
20 Sep 2022
Charges

Progress on A charge registered on 18 Nov 2021 via Charge ID 100530090 with Others was fully satisfied on 10 May 2022. was documented.
10 May 2022
Balance Sheet

Progress on Payswiff Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad. was documented.
31 Mar 2022
Director Appointment

Arulselvan Dharmalingam was appointed as a Director was appointed as a Director on 11 Mar 2022 & has been associated with this company since 4 years 19 days . was recorded as a recent event.
11 Mar 2022
Director Appointment

Progress on Ravindra Kumar Kundu was appointed as a Director was appointed as a Director on 11 Mar 2022 & has been associated with this company since 4 years 19 days . was documented.
11 Mar 2022
Director Appointment

Arun Venkatachalam was appointed as a Director was appointed as a Director on 11 Mar 2022 & has been associated with this company since 4 years 19 days . was recorded as a recent event.
11 Mar 2022

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