Payu Payments Private Limited

Payu Payments Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U72400MH2006PTC293037 Incorporated 24 May 2006 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2025
₹5,596.51 Cr
▲ 22.00% YoY
EBITDA · FY 2025
*****
▲ 11.00% YoY
Net profit · FY 2025
*****
▲ 42.00% YoY
Authorised capital
₹5,000 Cr
Registered with MCA
Paid-up capital
₹3,404.34 Cr
Issued & subscribed
Open charges
₹25 Cr
Satisfied ₹76.03 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
1,214
Latest available

About Payu Payments Private Limited

Data last updated: 23 December 2025

Payu Payments Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mih India (Mauritius) Limited. It specialises in digital payment solutions, a part of the broader financial services sector. Incorporated on 24 May 2006, the company has been in operation for over 20 years.

Registered with ROC Mumbai under CIN U72400DL2006PTC218612.

Capital: an authorised share capital of ₹5,000 Cr and a paid-up capital of ₹3,404.34 Cr. Formerly known as Ibibo Web Private Limited and Sp Web Private Limited. It is led by directors including Ashutosh Sharma and Anirban Mukherjee.

Last AGM: 27 September 2024. Financial statements filed for year ended 31 March 2024. Office: Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹5,596.51 Cr, a growth of 22% compared to the previous year.

The company has a workforce of approximately 1,214 employees as per the latest available data. It operates as a subsidiary of Mih India (Mauritius) Limited.

The company is associated with 5 brands - Smotect, Payunow, Payu, Payubiz, Payu. As per MCA filings, the company has open charges of ₹25 Cr and satisfied charges of ₹76.03 Cr 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 payu.in.

Company Details of Payu Payments Private Limited
CIN U72400MH2006PTC293037
Registration Number 293037
Incorporation Date 24 May 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Mih India (Mauritius) Limited
Compliance Status Active Compliant
Key People
Anirban Mukherjee Ceo Arvind Govind Agarwal Cfo Ashutosh Sharma Director
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
  • Registered Address
    Wallace Towers First Floor, Crossing Of Sahar Road Vile Parle East, Mumbai, Maharashtra, India – 400057
  • Industry
    Financial Services, Digital Payment Solutions
Company report
Payu Payments Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Payu Payments Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Payu Payments Private Limited

Payu Payments Private Limited has undergone 3 name changes throughout its history. The company was previously known as Ibibo Web Private Limited, Sp Web Private Limited, and Mih Web Private Limited. The current legal name is Payu Payments Private Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Payu Payments Private Limited Current
Ibibo Web Private Limited Previous
Sp Web Private Limited Previous
Mih Web Private Limited Previous

CIN History of Payu Payments Private Limited

Payu Payments Private Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72400MH2006PTC293037, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U72400MH2006PTC293037 Current
U72400DL2006PTC218612 Previous
U72400HR2006PTC036829 Previous

Associated Brands with Payu Payments Private Limited

Payu Payments Private Limited operates multiple associated brands including Smotect, PayUnow, and PayU. These brands represent Payu Payments Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Smotect
Provides herbal products for tobacco cessation, organ repair, and stress management. smotect.com
PayUnow
Provides online payment solutions and merchant tools for business transactions. payunow.com
PayU
Online payment processing and credit solutions are provided for businesses. payu.com
PayUbiz
Payment gateway services for cards and netbanking are facilitated. payubiz.in
PayU
Digital payment solutions are provided for businesses in India. payu.in

Competitors & Alternatives of Payu Payments Private Limited

Brands and companies operating in the same space as Payu Payments Private Limited include Stripe, Razorpay, Flutterwave and 7 more.

Competitor Description Location Founded
Stripe Stripe Payment processing and card issuance solutions are provided for businesses. San Francisco, United States, United States 2009
Razorpay Razorpay Payment and business banking solutions are provided for enterprises. Bengaluru, India, India 2014
Flutterwave Flutterwave Provider of payment processing solutions for businesses San Francisco, United States, United States 2016
Adyen Adyen Payment issuance and processing solutions are provided for businesses. Amsterdam, Netherlands, Netherlands 2006
Square Square POS solutions are provided for retail businesses. San Francisco, United States, United States 2009
Xendit Xendit Online payment and money transfer platform for businesses Jakarta, Indonesia, Indonesia 2015
Mintoak Mintoak Digital payments and engagement solutions are offered for MSMEs. Mumbai, India, India 2017
PayPal PayPal Online payment solutions are offered to consumers and businesses. San Jose, United States, United States 1998
Modern Treasury Modern Treasury Payment processing and treasury management solutions are offered to businesses. San Francisco, United States, United States 2018
Wright Express Wright Express Employee benefit administration and payment solutions are provided for enterprises. Portland, United States, United States 1983

Business Activity of Payu Payments Private Limited

Payu Payments Private Limited is engaged in the principal business activity of information and communication, with detailed activities including computer programming, consultancy and related activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
J Information and communication J6 Computer programming, consultancy and related activities *********

Board of Directors of Payu Payments Private Limited

Payu Payments Private Limited is currently managed by 14 directors, with 35 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Ashutosh Sharma
Also directs: 91Fitness Llp, Swiggy Limited, Api Holdings Limited and 1 more
Director 13 May 2025 1 Years 2 Months Current
Anirban Mukherjee Ceo 14 Apr 2023 3 Years 2 Months Current
Renu Sud Karnad
Also directs: Glaxosmithkline Pharmaceuticals Limited, Eih Limited, Hdfc Bank Limited and 5 more
Director 01 Feb 2024 2 Years 5 Months Current
Gunjan Shukla
Also directs: Mindgate Solutions Private Limited, Complifusion Services Private Limited, Spardha Learnings Private Limited
Director 13 Jun 2025 1 Years 1 Months Current
Arvind Govind Agarwal
Also directs: Mindgate Solutions Private Limited
Cfo 19 Dec 2022 3 Years 6 Months Current
Johannes Bune
Also directs: Payu Finance India Private Limited
Director 01 Feb 2024 2 Years 5 Months Current
Showing 6 of 14 current directors. View all directors

Financials of Payu Payments Private Limited FY 2024 filings available

Payu Payments Private Limited reported revenue of ₹5,596.51 Cr (up 22% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹5,596.51 Cr ▲ 22%
Profit
***** ▲ 42%
EBITDA
***** ▲ 11%
Metrics
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Revenue
Revenue from Operations
*****
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Revenue Growth %
*****
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
*****
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Profitability
EBITDA (Operating Profit)
*****
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Operating Margin %
*****
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
*****
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Profit Before Tax
*****
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Tax & Net Profit
Tax Expense
*****
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Current Tax
*****
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
*****
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Other Equity
*****
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Non-Current Liabilities
Total Non-Current Liabilities
*****
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Long-Term Borrowings
*****
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
*****
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Trade Payables
*****
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
*****
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Non-Current Assets
Non-Current Assets
*****
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
*****
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
*****
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Non-Cash Adjustments
*****
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*****
+ Interest Expense
*****
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
*****
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
*****
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
*****
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
*****
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Growth
Revenue Growth %
*****
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Leverage
Equity Multiplier
*****
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Debt / EBITDA
*****
*****
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Solvency
D/E Ratio
*****
*****
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ICR
*****
*****
*****
*****
*****

Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings of Payu Payments Private Limited

Open charges
₹25 Cr
Satisfied charges
₹76.03 Cr
Breakdown by lending institutions
Axis Bank Limited₹25.00 Cr
Latest charge details
DateLenderAmountStatus
28 May 2021 Axis Bank Limited ₹25 Cr Open
08 Jul 2021 Hdfc Bank Limited ₹15 Cr Satisfied
26 Apr 2021 Jp Morgan Chase Bank, N.A. ₹16 Cr Satisfied
25 Aug 2020 Others ₹30 Cr Satisfied
18 Feb 2019 Others ₹15 Cr Satisfied

Total charge records: 6 View all charges

Employees and EPFO Compliance at Payu Payments Private Limited

View historical data on people associated with Payu Payments Private Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Payu Payments Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Payu Payments Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Payu Payments Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Payu Payments Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Payu Payments Private Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Payu Payments Private Limited

MSME Payment Delays by Payu Payments Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Payu Payments Private Limited

Subsidiaries & Group Companies of Payu Payments Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Payu Payments Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Payu Payments Private Limited

MCA Filings & Documents of Payu Payments Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Payu Payments Private Limited

Directors
13 Jun 2025
Gunjan Shukla was appointed as a Director on 13 Jun 2025 & has been associated with this company since 1 year 30 days.
Directors
13 May 2025
Ashutosh Sharma was appointed as a Director on 13 May 2025 & has been associated with this company since 1 year 2 months.
Directors
13 May 2025
Subhash Sheoratan Mundra was appointed as a Director on 13 May 2025 & has been associated with this company since 1 year 2 months.
Directors
13 May 2025
Manoj Kumar Agarwal was appointed as a Director on 13 May 2025 & has been associated with this company since 1 year 2 months.
Charges
02 Apr 2025
A charge registered on 26 Apr 2021 via Charge ID 100451488 with Jp Morgan Chase Bank, N.A. was fully satisfied on 02 Apr 2025.
Charges
27 Dec 2024
A charge registered on 08 Jul 2021 via Charge ID 100462175 with Hdfc Bank Limited was fully satisfied on 27 Dec 2024.

Recent News on Payu Payments Private Limited

PayU partners with NPCI
15 Feb 2024 · The Paypers

Frequently Asked Questions about Payu Payments Private Limited

Payu Payments Private Limited is an active private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 24 May 2006 (20+ years old) and is registered under CIN U72400MH2006PTC293037. The company has 1,214 employees.

Payu Payments Private Limited reported revenue of ₹5,596.51 Cr for FY 2025 (up 22.00% YoY).

The current directors of Payu Payments Private Limited are:

The primary industry of Payu Payments Private Limited is financial services. The company specifically operates in digital payment solutions. The company is currently active in this sector.

Payu Payments Private Limited can be reached at the registered office: Wallace Towers First Floor, Crossing Of Sahar Road Vile Parle East, Mumbai, Maharashtra, India – 400057, or through the website payu.in.

The authorised capital is ₹5,000 Cr, and the paid-up capital is ₹3,404.34 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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