About Smart Payment Solutions Private Limited
Data last updated: 07 February 2026
Smart Payment Solutions Private Limited is a private limited company based in Dlf Qe, Haryana, India, a subsidiary of Payworld Digital Services Private Limited. It specialises in digital payment solutions, a part of the broader financial services sector. Incorporated on 29 April 2008, the company has been in operation for over 18 years.
Registered with ROC Delhi under CIN U74140DL2008PTC177343.
Capital: an authorised share capital of ₹4.9 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Sujit Lahiry and Naresh Mangal.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Sector 53, Dlf Qe, Haryana.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.56 Cr, a growth of 28% compared to the previous year.
It operates as a subsidiary of Payworld Digital Services Private Limited.
The company is associated with 4 brands - Payworld Money, Smart Paisa Wallet, Monyy, Payworld. As per MCA filings, the company has open charges of ₹4.04 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 payworldmoney.com.
-
Email**************
-
Telephone**************
-
Website**************
-
Social Media**************
-
Registered AddressGf – 14 Ground Floor Block B Sector 53, Vatika Atrium Golf Course Road, Dlf Qe, Haryana, India – 122002
-
IndustryFinancial Services, Digital Payment Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Smart Payment Solutions Private Limited
Smart Payment Solutions Private Limited has one previous CIN (Corporate Identification Number): U74140DL2008PTC177343. The current CIN is U74140HR2008PTC102275, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140HR2008PTC102275 | Current |
| U74140DL2008PTC177343 | Previous |
Associated Brands with Smart Payment Solutions Private Limited
Smart Payment Solutions Private Limited operates multiple associated brands including Payworld Money, Smart Paisa Wallet, and MONYY. These brands represent Smart Payment Solutions Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers a user-friendly solution for convenient utility bill payments. | payworldmoney.com | |
| Smart Paisa Wallet offers an integrated mobile wallet for seamless financial transactions. | mysmartpaisa.in | |
| Digital wallet for easy mobile payments, top-ups, and exploration in India. | havemony.com | |
| Money transfer and bill payment solutions are enabled via agents. | payworldindia.com |
Competitors & Alternatives of Smart Payment Solutions Private Limited
Brands and companies operating in the same space as Smart Payment Solutions Private Limited include Stripe, Razorpay, PayU and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Stripe
|
Payment processing and card issuance solutions are provided for businesses. | San Francisco, United States, United States | 2009 |
Razorpay
|
Payment and business banking solutions are provided for enterprises. | Bengaluru, India, India | 2014 |
PayU
|
Online payment processing and credit solutions are provided for businesses. | Amsterdam, Netherlands, Netherlands | 2002 |
Flutterwave
|
Provider of payment processing solutions for businesses | San Francisco, United States, United States | 2016 |
Chipper Cash
|
Cross-border remittances are enabled for individuals through a mobile wallet. | San Francisco, United States, United States | 2018 |
Mintoak
|
Digital payments and engagement solutions are offered for MSMEs. | Mumbai, India, India | 2017 |
Pine Labs
|
Omnichannel payment solutions, loyalty programs, and business tools are provided. | Noida, India, India | 1998 |
Taptap Send
|
Cross-border money transfers are enabled by an app-based digital wallet. | London, United Kingdom, United Kingdom | 2018 |
WorldRemit
|
Banking channel for cross border money transfers | London, United Kingdom, United Kingdom | 2010 |
MoneyGram
|
Cross-border payments are enabled via wallet solutions for consumers. | Dallas, United States, United States | 1940 |
Business Activity of Smart Payment Solutions Private Limited
Smart Payment Solutions Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | ********* |
Board of Directors of Smart Payment Solutions Private Limited
Smart Payment Solutions Private Limited is currently managed by 5 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujit Lahiry | Director | 05 Mar 2010 | 16 Years 4 Months | Current |
|
Naresh Mangal
Also directs:
Anjli Infradevelopers Llp, Optipravah India Private Limited, Summit Insurance Brokers Private Limited and 2 more
|
Director | 29 Apr 2008 | 18 Years 2 Months | Current |
| Praveen Kumar Dhabhai | Director | 05 Mar 2010 | 16 Years 4 Months | Current |
| Sunil Kulkarni | Additional Director | 09 Jan 2026 | 0 Years 6 Months | Current |
| Uma Shankar Paliwal | Additional Director | 09 Jan 2026 | 0 Years 6 Months | Current |
Financials of Smart Payment Solutions Private Limited FY 2025 filings available
Smart Payment Solutions Private Limited reported revenue of ₹1.56 Cr (up 28% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | ***** | ***** | ***** | ***** | ***** |
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Other Income | ***** | ***** | ***** | ***** | ***** |
| Total Revenue | ***** | ***** | ***** | ***** | ***** |
| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Charges & Borrowings of Smart Payment Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jul 2022 | Others | ₹25 Lakh | Open |
| 04 Dec 2014 | Others | ₹3.79 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Smart Payment Solutions Private Limited
View historical data on people associated with Smart Payment Solutions Private Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Smart Payment Solutions Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Smart Payment Solutions Private Limited
GSTIN & GST Filing Data of Smart Payment Solutions Private Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Smart Payment Solutions Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Smart Payment Solutions Private Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Smart Payment Solutions Private Limited
MSME Payment Delays by Smart 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.
Subsidiaries & Group Companies of Smart Payment Solutions Private Limited
Subsidiaries & Group Companies of Smart Payment Solutions Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Smart Payment Solutions Private Limited with ownership details.
MCA Filings & Documents of Smart Payment Solutions Private Limited
MCA Filings & Documents of Smart Payment Solutions Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Smart Payment Solutions Private Limited
Frequently Asked Questions about Smart Payment Solutions Private Limited
Smart Payment Solutions Private Limited is an active private limited company in the financial services sector based in Dlf Qe, Haryana, India. It was incorporated on 29 April 2008 (18+ years old) and is registered under CIN U74140HR2008PTC102275.
Smart Payment Solutions Private Limited reported revenue of ₹1.56 Cr for FY 2024 (up 28.00% YoY).
The current directors of Smart Payment Solutions Private Limited are:
The primary industry of Smart Payment Solutions Private Limited is financial services. The company specifically operates in digital payment solutions. The company is currently active in this sector.
Smart Payment Solutions Private Limited can be reached at the registered office: Gf – 14 Ground Floor Block B Sector 53, Vatika Atrium Golf Course Road, Dlf Qe, Haryana, India – 122002, or through the website payworldmoney.com.
The authorised capital is ₹4.9 Cr, and the paid-up capital is ₹4 Cr.