About Signet Payments Solution Private Limited
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Signet Payments Solution Private Limited is a private limited company based in Gurgaon, Haryana, India, recognised as a startup by DPIIT. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 26 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U67190HR2014PTC053480. Its GSTIN is 06AAUCS9538A2ZY (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.01 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Shantanu Dilip Gupte and Tarun Arora.
Its last annual general meeting (AGM) was held on 07 January 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C – 94 Saraswati Kunj Sector – 53, Gurgaon, Haryana, India – 122002.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.4 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹45.57 Lakh and EBITDA of -₹40.94 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 71% over three years.
The company is associated with 1 brand: Signetpay. The company has 1 deal on record (1 acquisition); the latest was in May 2019. Its 10 peer companies in the BFSI industry (Payment Gateways) are compared by revenue, 5 larger and 5 smaller; the largest is Allpay Services Private Limited with revenue of ₹2.98 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website signetpay.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC – 94 Saraswati Kunj Sector – 53, Gurgaon, Haryana, India – 122002
- IndustryFinancial Services, Online Payment Gateways
- 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
- One PDF report, delivered after checkout
Business Activity of Signet Payments Solution Private Limited
The main business activity of Signet Payments Solution is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Signet Payments Solution Private Limited FY 2024 filings available
Signet Payments Solution Private Limited reported revenue of ₹2.4 Lakh (down 89% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Signet Payments Solution Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 71% over three years, including a 89% fall in the latest year. EBITDA rose 67% 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 of Signet Payments Solution Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹2.4 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹40.94 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹45.57 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 of Signet Payments Solution Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Signet Payments Solution are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Signet Payments Solution Private Limited
Signet Payments Solution Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Payment Gateways). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Allpay Services Private Limited | ₹2.98 Lakh (FY 2022) | •••• | •••• | •••• | Pathanamthitta, Kerala, India | |
| Ezee Pay Services Private Limited | ₹2.97 Lakh (FY 2024) | •••• | •••• | -82.0% | •••• | Chennai, Tamil Nadu, India |
| Simple Payments Private Limited | ₹2.88 Lakh (FY 2024) | •••• | •••• | -28.0% | •••• | Bangalore, Karnataka, India |
| Algodream Software Solutions Private Limited | ₹2.81 Lakh (FY 2025) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Mbharat Wallet Private Limited | ₹2.5 Lakh (FY 2024) | •••• | •••• | 51.0% | •••• | Motihari, Bihar, India |
| Signet Payments Solution Private Limited this company | ₹2.4 Lakh (FY 2024) | •••• | •••• | -89.0% | •••• | Gurgaon, Haryana, India |
| Think Money Services Private Limited | ₹2.3 Lakh (FY 2020) | •••• | •••• | -88.0% | •••• | Delhi, India |
| Yeldi Softcom Private Limited | ₹2.3 Lakh (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Mptouch Pay Private Limited | ₹1.9 Lakh (FY 2024) | •••• | •••• | •••• | Satna, Madhya Pradesh, India | |
| Ssspay Service Private Limited | ₹1.66 Lakh (FY 2022) | •••• | •••• | •••• | Allahabad, Uttar Pradesh, India | |
| Excellent Payments India Private Limited | ₹1.59 Lakh (FY 2025) | •••• | •••• | 633.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Signet Payments Solution by revenue in the BFSI industry (Payment Gateways), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Signet Payments Solution Private Limited
Signet Payments Solution Private Limited is audited by SSRA & CO for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SSRA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Signet Payments Solution Private Limited
Signet Payments Solution has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shantanu Dilip Gupte | Director | 13 Jul 2020 | 6 Years 2 Months | Current |
| Tarun Arora Also directs: Skylineaurora Developers (OPC) Private Limited | Director | 26 Sep 2014 | 12 Years 0 Months | Current |
Ownership and Shareholding of Signet Payments Solution Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Signet Payments Solution Private Limited
Signet Payments Solution Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Signet Payments Solution Private Limited
Signet Payments Solution Private Limited has 1 deal on record (1 acquisition); the latest was in May 2019.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2019 | Acquisition | ₹3.49 Cr | Buyer: Koa Tools India Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Signet Payments Solution Private Limited
Signet Payments Solution operates one associated brand: Signetpay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| White label payment gateway solutions are provided to merchants. | signetpay.com |
Employees and EPFO Compliance at Signet Payments Solution Private Limited
Employment history and EPFO contributions of people linked to Signet Payments Solution.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Signet Payments Solution Private Limited
Recent Activity on Signet Payments Solution Private Limited
Signet Payments Solution Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Neeru Arora ceased to be Director on 23 Aug 2021.
Credit Ratings, Litigation & Regulatory Alerts for Signet Payments Solution Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Signet Payments Solution Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Signet Payments Solution Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Signet Payments Solution Private Limited
Signet Payments Solution has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAUCS9538A2ZY | Haryana | Active | 20 Jul 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Signet Payments Solution Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Signet Payments Solution Private Limited
Signet Payments Solution is an active private limited company based in Gurgaon, Haryana, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 26 September 2014 (12+ years old) and is registered under CIN U67190HR2014PTC053480.
Signet Payments Solution reported revenue of ₹2.4 Lakh for FY 2024 (down 89% YoY).
Signet Payments Solution has 2 current directors:
- Shantanu Dilip Gupte - Director
- Tarun Arora - Director
Signet Payments Solution reported a net loss of ₹45.57 Lakh and EBITDA of -₹40.94 Lakh for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Signet Payments Solution is -71% over three years. In the latest year (FY 2024) revenue fell 89%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Signet Payments Solution is 06AAUCS9538A2ZY, registered in Haryana. 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 Signet Payments Solution is U67190HR2014PTC053480. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Signet Payments Solution was incorporated on 26 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
Signet Payments Solution has 1 deal on record (1 acquisition); the latest was in May 2019.
The peers of Signet Payments Solution by revenue are Allpay Services Private Limited, Ezee Pay Services Private Limited, Simple Payments Private Limited, Algodream Software Solutions Private Limited, Mbharat Wallet Private Limited and 5 more, all in the BFSI industry (Payment Gateways).
Neeru Arora ceased to be Director on 23 Aug 2021. Hiren Narayanbhai Patel ceased to be Additional Director on 30 Dec 2020. Shantanu Dilip Gupte ceased to be Additional Director on 30 Dec 2020. Signet Payments Solution has 6 board changes on record in total.