Raha Payment Solutions Private Limited

Raha Payment Solutions Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U51100MH2014PTC256698 Incorporated 28 July 2014 ROC Mumbai HQ Mumbai, Maharashtra, India
Struck Off Private Limited Company financial services
Data last updated
Revenue · FY 2022
-
Latest filing
EBITDA · FY 2022
*****
▲ 85.94% YoY
Net profit · FY 2022
*****
▼ 44.01% YoY
Authorised capital
₹5.02 Cr
Registered with MCA
Paid-up capital
₹4.73 Cr
Issued & subscribed
Open charges
None
Secured borrowings
Company age
12 yrs
Est. 2014
Last financials
Mar 2022
Balance sheet date

About Raha Payment Solutions Private Limited

Data last updated: 25 July 2025

Raha Payment Solutions Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Kothari Payment Solutions Private Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It specialised in digital payment solutions, a part of the broader financial services sector. Incorporated on 28 July 2014.

Registered with ROC Mumbai under CIN U51100MH2014PTC256698.

Capital: an authorised share capital of ₹5.02 Cr and a paid-up capital of ₹4.73 Cr. It was led by directors Parvinchand Narindernath Sehgal and Gaurav Sehgal.

Last AGM: 29 September 2022. Financial statements filed for year ended 31 March 2022. Office: 115 Plot – 115/121 Bullion House Mumbadevi Road Tambakata Pydhonie, Mumbai, Maharashtra, India – 400003.

It operated as a subsidiary of Kothari Payment Solutions Private Limited.

The company is no longer operational and has been struck off from the Register of Companies, typically due to non-filing of annual returns or failure to commence business. Entering into any agreement with a struck-off entity carries significant legal and financial risk. The last known website on record is rahapayment.com.

Company Details of Raha Payment Solutions Private Limited
CIN U51100MH2014PTC256698
Registration Number 256698
Incorporation Date 28 July 2014
ROC Mumbai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 29 September 2022
Date of Balance Sheet 31 March 2022
Parent Company Kothari Payment Solutions Private Limited
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
    **************
  • Registered Address
    115 Plot – 115/121 Bullion House Mumbadevi Road Tambakata Pydhonie, Mumbai, Maharashtra, India – 400003
  • Industry
    Financial Services, Digital Payment Solutions
Company report
Raha Payment Solutions Private Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Raha Payment Solutions Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Raha Payment Solutions Private Limited

Raha Payment Solutions Private Limited has one previous CIN (Corporate Identification Number): U72900MH2014PTC256698. The current CIN is U51100MH2014PTC256698, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U51100MH2014PTC256698 Current
U72900MH2014PTC256698 Previous

Business Activity of Raha Payment Solutions Private Limited

Raha Payment Solutions Private Limited operates primarily in the financial and insurance service sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
********* Financial and insurance Service ********* Other financial activities *********

Auditor Details of Raha Payment Solutions Private Limited

Raha Payment Solutions Private Limited is audited by Suresh Choudhary & Associates for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Suresh Choudhary & Associates blur-value blur-value blur-value

Board of Directors of Raha Payment Solutions Private Limited

Raha Payment Solutions Private Limited is currently managed by 2 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Parvinchand Narindernath Sehgal Director 08 Nov 2021 4 Years 8 Months As last reported
Gaurav Sehgal Director 08 Nov 2021 4 Years 8 Months As last reported

Financials of Raha Payment Solutions Private Limited FY 2022 filings available

Raha Payment Solutions Private Limited reported revenue of ₹- (up ) for FY 2022. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
-
Profit
***** ▼ -44.01%
EBITDA
***** ▲ 85.94%
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
*****
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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

Shareholding Pattern of Raha Payment Solutions Private Limited

As of FY 2022, Raha Payment Solutions Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings Raha Payment Solutions Private Limited

Raha Payment Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Raha Payment Solutions Private Limited

View historical data on people associated with Raha Payment Solutions Private Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Raha Payment Solutions 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 Raha Payment Solutions Private Limited

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

GSTIN & GST Filing Data of Raha Payment Solutions 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 Raha Payment Solutions 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 Raha Payment Solutions 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 Raha Payment Solutions Private Limited

MSME Payment Delays by Raha Payment Solutions 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 Raha Payment Solutions Private Limited

Subsidiaries & Group Companies of Raha Payment Solutions Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Raha Payment Solutions 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 Raha Payment Solutions Private Limited

MCA Filings & Documents of Raha Payment Solutions 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 Raha Payment Solutions Private Limited

Activity
29 Sep 2022
Raha Payment Solutions Private Limited last Annual general meeting of members was held on 29 Sep 2022 as per latest MCA records.
Activity
31 Mar 2022
Raha Payment Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Directors
08 Nov 2021
Parvinchand Narindernath Sehgal was appointed as a Director on 08 Nov 2021 & has been associated with this company since 4 years 8 months.
Directors
08 Nov 2021
Gaurav Sehgal was appointed as a Director on 08 Nov 2021 & has been associated with this company since 4 years 8 months.
Activity
28 Jul 2014
Raha Payment Solutions Private Limited was registered on 28 Jul 2014 with Roc Mumbai & aged 11 years 11 months as per MCA records.

Frequently Asked Questions about Raha Payment Solutions Private Limited

Raha Payment Solutions Private Limited has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Raha Payment Solutions Private Limited is a struck-off private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 28 July 2014 and is registered under CIN U51100MH2014PTC256698. The company has been struck off by the Registrar of Companies and is no longer operational.

The current directors of Raha Payment Solutions Private Limited are:

The CIN (Corporate Identification Number) of Raha Payment Solutions Private Limited is U51100MH2014PTC256698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Raha Payment Solutions Private Limited is financial services. The company specifically operates in digital payment solutions. The company was active in this sector before being struck off.

The company has its registered office at 115 Plot – 115121 Bullion House Mumbadevi Road Tambakata Pydhonie, Mumbai, Maharashtra, India – 400003.

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