About Paytronic Network Private Limited
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Paytronic Network Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 09 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2007PTC168537. Its GSTIN is 27AAECP2622A2ZY (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹44.94 Cr. It is led by directors including Krishna Nallanichakravarthula (Whole-Time Director) and Paresh Muljibhai Patel.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B/306 Shankar Dhan Plaza, J.N. Road Mulund West Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹96.22 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹12.33 Lakh (net margin -12.8%) and EBITDA of -₹1.03 Lakh (EBITDA margin -1.1%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 5% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Paytronic Network. Court records list 16 cases involving the company, including 16 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paytronicindia.com.
Company details
Contact details
Paytronic Network Private Limited's registered office is in Mumbai, Maharashtra. Its website is paytronicindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB/306 Shankar Dhan Plaza, J.N. Road Mulund West Mumbai, Maharashtra, India – 400080
- IndustryFinancial Services, Online Payment Gateways
To see the full contact details of Paytronic Network 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
Paytronic Network operates one associated brand: Paytronic Network. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electronic payments and mobile recharge services are offered to consumers. | paytronicindia.com |
Business activity
The main business activity of Paytronic Network 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 Paytronic Network Private Limited, buy the company report.
Financials of Paytronic Network Private Limited
FY 2025 filings availablePaytronic Network Private Limited reported revenue of ₹96.22 Lakh (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 9% fall in the latest year. EBITDA rose 82% 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 | -₹1.03 Lakh | ||||
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| Net Profit (PAT) | -₹12.33 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 | -1.1% | ||||
| Net Profit Margin | -12.8% | ||||
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To see the full financial statements and ratios of Paytronic Network Private Limited, buy the company report.
Board of directors of Paytronic Network Private Limited
Paytronic Network has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Nallanichakravarthula | Whole-Time Director | 28 May 2023 | 3 Years 4 Months | Current |
| Paresh Muljibhai Patel | Director | 22 Apr 2021 | 5 Years 6 Months | Current |
| Bhaskar Sadhu Shetty | Additional Director | 06 Nov 2025 | 0 Years 11 Months | Current |
| Nayan Arun Jagjivan | Director | 09 Mar 2007 | 19 Years 7 Months | Current |
Auditor
Paytronic Network Private Limited is audited by N S Gokhale& Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N S Gokhale& Co. | FY 2022 | 103270W |
Shareholding
The shareholding of Paytronic Network 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Paytronic Network Private Limited, buy the company report.
Legal cases
Paytronic Network Private Limited has 16 court cases on record: 16 filed against it. 3 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 3 |
| High courts | 5 | 5 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (TRANSFER APPL) | Filed against the company by M S Navyug Infosolutions Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Ms.Navyug Infosolution Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S. Navyug Info Solutions Pvt. Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed against the company by M/S. Navyug Info Solutions Pvt. Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by M/S. Navyug Info Solutions Pvt. Ltd. | Pending |
To see the full case history of Paytronic Network 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
Paytronic Network Private Limited has 7 MSME Form 1 returns on record between 2019 and 2022, listing 8 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Paytronic Network Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Paytronic Network Private Limited has a workforce of 2 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Paytronic Network has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP2622A2ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paytronic Network Private Limited, buy the company report.
Recent activity
Paytronic Network Private Limited has 11 board changes on record since 2007: 4 appointments and 7 cessations. The latest: Bhaskar Sadhu Shetty was appointed as Additional Director on 06 Nov 2025.
2 earlier events are in the company report.
Frequently asked questions
Paytronic Network 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 09 March 2007 (19+ years old) and is registered under CIN U74999MH2007PTC168537.
Paytronic Network has 4 current directors:
- Krishna Nallanichakravarthula - Whole-Time Director
- Paresh Muljibhai Patel - Director
- Bhaskar Sadhu Shetty - Additional Director
- Nayan Arun Jagjivan - Director
The latest financial statements of Paytronic Network on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Paytronic Network is 27AAECP2622A2ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Paytronic Network is U74999MH2007PTC168537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paytronic Network has 16 court cases on record: 16 filed against it. 3 are pending. Most are in the district courts.
Paytronic Network was incorporated on 09 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Bhaskar Sadhu Shetty was appointed as Additional Director on 06 Nov 2025. Krishna Nallanichakravarthula ceased to be Additional Director on 26 Sep 2023. Krishna Nallanichakravarthula was appointed as Whole-Time Director on 28 May 2023. Paytronic Network has 11 board changes on record in total.
Paytronic Network has 7 MSME Form 1 returns on record between 2019 and 2022, listing 8 overdue payments to 2 micro and small suppliers. The latest return was filed on 20 Apr 2022.
Paytronic Network can be reached through the website paytronicindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Paytronic Network is at B306 Shankar Dhan Plaza, J.N. Road Mulund West Mumbai, Maharashtra, India – 400080.