About Sezzle Fintech Private Limited
Data last updated:
Sezzle Fintech Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Sezzle Payments Private Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 29 August 2020.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2020PTC137899. Its GSTIN is 29ABECS3173Q1ZL (Karnataka).
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Vandhana Parkavi and Charles Ghassan Youakim.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 175 And 176 Dollars Colony Phase 4 Jp Nagar Bannerghatta Main Road Bengaluru, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2022, the company reported a revenue of ₹12.01 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.03 Lakh (net margin -33.6%) and EBITDA of -₹4.03 Lakh (EBITDA margin -33.6%).
The company is associated with 1 brand: Sezzle.
The last known website on record is sezzle.com.
Company details
Contact details
Sezzle Fintech Private Limited's registered office is in Bangalore, Karnataka. Its website is sezzle.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address175 And 176 Dollars Colony Phase 4 Jp Nagar Bannerghatta Main Road Bengaluru, Bangalore, Karnataka, India – 560078
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Sezzle Fintech 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
Sezzle Fintech operates one associated brand: Sezzle. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Point-of-sale financing is enabled for installment purchases at partnered retailers. | sezzle.com |
Business activity
The main business activity of Sezzle Fintech is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
Financials of Sezzle Fintech Private Limited
FY 2022 filings availableSezzle Fintech Private Limited reported revenue of ₹12.01 Lakh (up 275% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 275% in the latest year. EBITDA rose 64% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹12.01 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹4.03 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹4.03 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -33.6% | |
| Net Profit Margin | -33.6% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Sezzle Fintech Private Limited, buy the company report.
Board of directors of Sezzle Fintech Private Limited
Sezzle Fintech has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandhana Parkavi Also directs: Abcde Technologies Private Limited | Director | 29 Aug 2020 | 6 Years 2 Months | As last reported |
| Charles Ghassan Youakim | Director | 29 Aug 2020 | 6 Years 2 Months | As last reported |
| Paul Victor John Paradis | Director | 29 Aug 2020 | 6 Years 2 Months | As last reported |
| Shivaganga Muralidhar Pramod Also directs: BMP & Co. LLP | Irp/Rp/Liquidator | 11 Jul 2023 | 3 Years 3 Months | As last reported |
Auditor
Sezzle Fintech Private Limited is audited by A. S. A. & Associates LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. S. A. & Associates LLP | FY 2021 | 009571N/N500006 |
Shareholding
The shareholding of Sezzle Fintech Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sezzle Fintech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sezzle Fintech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sezzle Fintech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sezzle Fintech Private Limited has 1 active EPFO establishment as of Mar 23, 2024.
GST
Sezzle Fintech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABECS3173Q1ZL | Karnataka | Active | 27 Nov 2020 |
To see the full GST registrations and return filing status of Sezzle Fintech Private Limited, buy the company report.
Recent activity
Sezzle Fintech Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Shivaganga Muralidhar Pramod was appointed as Irp/Rp/Liquidator on 11 Jul 2023.
News
Frequently asked questions
Sezzle Fintech is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Sezzle Fintech is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 29 August 2020 and is registered under CIN U65999KA2020PTC137899. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sezzle Fintech has 4 current directors:
- Vandhana Parkavi - Director
- Charles Ghassan Youakim - Director
- Paul Victor John Paradis - Director
- Shivaganga Muralidhar Pramod - Irp/Rp/Liquidator
The latest financial statements of Sezzle Fintech on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Sezzle Fintech is U65999KA2020PTC137899. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sezzle Fintech was incorporated on 29 August 2020. It is registered with the Registrar of Companies, Bangalore.
Shivaganga Muralidhar Pramod was appointed as Irp/Rp/Liquidator on 11 Jul 2023. Charles Ghassan Youakim was appointed as Director on 29 Aug 2020. Paul Victor John Paradis was appointed as Director on 29 Aug 2020. Sezzle Fintech has 4 board changes on record in total.
Sezzle Fintech can be reached through the website sezzle.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Sezzle Fintech is at 175 And 176 Dollars Colony Phase 4 Jp Nagar Bannerghatta Main Road Bengaluru, Bangalore, Karnataka, India – 560078.
The GSTIN of Sezzle Fintech is 29ABECS3173Q1ZL, registered in Karnataka.
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