Smart Payment Solutions Private Limited

Smart Payment Solutions Private Limited - financial services in Gurgaon, Haryana, India. FY 2026 financials & compliance.
CIN U74140HR2008PTC102275 Incorporated 29 April 2008 ROC Delhi HQ Gurgaon, Haryana, India
Active Private Limited Company financial services MSME · Micro
Revenue · FY 2024
₹1.56 Cr
▲ 28% YoY
Net profit · FY 2024
₹41.76 Lakh
Net margin 26.7%
EBITDA · FY 2024
₹25.85 Lakh
EBITDA margin 16.6%
Authorised capital
₹4.9 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹4.04 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
5
As per MCA filings

About Smart Payment Solutions Private Limited

Data last updated:

Smart Payment Solutions Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Payworld Digital Services Private Limited. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 29 April 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140HR2008PTC102275. Its GSTIN is 06AALCS9531Q1ZI (Haryana). The company holds 2 GST registrations, all of them active.

The company has 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.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sector 53, Gurgaon, 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. For the same year it recorded a net profit of ₹41.76 Lakh (net margin 26.7%) and EBITDA of ₹25.85 Lakh (EBITDA margin 16.6%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 6% over five years.

The company is associated with 4 brands: Payworld Money, Smart Paisa Wallet, MONYY and Payworld. As per MCA filings, the company has open charges of ₹4.04 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in March 2020.

Smart Payment Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0004902). 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.

Company details

CIN U74140HR2008PTC102275
Registration Number 102275
Incorporation Date 29 April 2008
ROC Delhi
Listing Status Unlisted
Company Status Active
Parent Company Payworld Digital Services Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-01-0004902

CIN history

Smart Payment Solutions has one previous CIN (Corporate Identification Number): U74140DL2008PTC177343. The current CIN is U74140HR2008PTC102275, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74140HR2008PTC102275Current
U74140DL2008PTC177343Previous
Key People
Sujit Lahiry Director Naresh Mangal Director Praveen Kumar Dhabhai Director

Recognitions & Rankings of Smart Payment Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-DL-01-0004902

Contact details

Smart Payment Solutions Private Limited's registered office is in Gurgaon, Haryana. Its website is payworldmoney.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    payworldmoney.com
  • Registered Address
    GF – 14 Ground Floor Block B Sector 53, Vatika Atrium Golf Course Road, Gurgaon, Haryana, India – 122002
  • Industry
    Financial Services, Digital Payment Solutions

To see the full contact details of Smart Payment Solutions Private Limited, buy the company report.

Comprehensive company report
Smart Payment Solutions Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Smart Payment Solutions operates multiple associated brands including Payworld Money, Smart Paisa Wallet, and MONYY. Each brand links to its own profile.

BrandDescriptionWebsite
Payworld Money
Offers a user-friendly solution for convenient utility bill payments.payworldmoney.com
Smart Paisa Wallet
Smart Paisa Wallet offers an integrated mobile wallet for seamless financial transactions.mysmartpaisa.in
MONYY
Digital wallet for easy mobile payments, top-ups, and exploration in India.havemony.com
Payworld
Money transfer and bill payment solutions are enabled via agents.payworldindia.com

Business activity

The main business activity of Smart Payment Solutions is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Smart Payment Solutions Private Limited, buy the company report.

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.

Revenue · FY 2024
₹1.56 Cr ▲ 28%
Net profit · FY 2024
₹41.76 Lakh margin 26.7%
EBITDA · FY 2024
₹25.85 Lakh margin 16.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 5%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 108%
3 years · compounded
▼ 27%
5 years · compounded
▲ 44%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 28% growth in the latest year. EBITDA rose 108% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹25.85 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹41.76 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin16.6%
Net Profit Margin26.7%
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 Smart Payment Solutions Private Limited, buy the company report.

Board of directors of Smart Payment Solutions Private Limited

Smart Payment Solutions has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sujit Lahiry
Also directs: Interaction I T Services Private Limited, Skilrock Technologies Private Limited
Director05 Mar 201016 Years 8 MonthsCurrent
Naresh Mangal
Also directs: Anjli Infradevelopers LLP, Optipravah India Private Limited, Summit Insurance Brokers Private Limited and 2 more
Director29 Apr 200818 Years 6 MonthsCurrent
Praveen Kumar Dhabhai
Also directs: Otropay India Private Limited, Anthoupolis Technologies India Private Limited, Business Correspondent Federation of India and 2 more
Director05 Mar 201016 Years 8 MonthsCurrent
Sunil Kulkarni
Also directs: Vas Softcom LLP, Dreamfolks Services Limited, Rnfi Services Limited and 5 more
Additional Director09 Jan 20260 Years 10 MonthsCurrent
Uma Shankar Paliwal
Also directs: Moneyboxx Finance Limited, Globospace Industrial & Logistics Parks Private Limited, Branch International Financial Services Private Limited and 3 more
Additional Director09 Jan 20260 Years 10 MonthsCurrent
View all directors

Auditor

Smart Payment Solutions Private Limited is audited by WALKER CHANDIOK & CO LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
WALKER CHANDIOK & CO LLPFY 2023001076N/N500013

Shareholding

The shareholding of Smart Payment Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Smart Payment Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.04 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹4.04 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Jul 2022100633771Others₹25 LakhOpen
04 Dec 201410537611Others₹3.79 CrOpen

To see the full charge records of Smart Payment Solutions Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Smart Payment Solutions Private Limited has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in March 2020.

Total deals
3
Secondary share transfers
2
Acquisition
1

Deals on record (3 of 3)

WhenDealAmountParties
Mar 2020Acquisition₹14 CrBuyer: Payworld Digital Services Private Limited
Mar 2009Secondary share transferUndisclosedBuyer: Sugal & Damani Utility Services Private Limited & Prasan Chand Jain, Payworld Digital Services Private Limited
Seller: Skill Lotto Solutions Private Limited & Prasad Chand Jain, Skill Lotto Solutions Private Limited
Jan 2009Secondary share transferUndisclosedBuyer: Skill Lotto Solutions Private Limited & Prasad Chand Jain, Skill Lotto Solutions Private Limited
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Smart Payment Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Smart Payment Solutions has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
06AALCS9531Q1ZIHaryanaActive24 Nov 2020
07AALCS9531Q1ZGDelhiActive01 Jul 2017

To see the full GST registrations and return filing status of Smart Payment Solutions Private Limited, buy the company report.

Recent activity

Smart Payment Solutions Private Limited has 10 board changes on record since 2008: 5 appointments and 5 cessations. The latest: Sunil Kulkarni was appointed as Additional Director on 09 Jan 2026.

Appointed
Sunil Kulkarni was appointed as Additional Director.
Appointed
Uma Shankar Paliwal was appointed as Additional Director.
AGM
Smart Payment Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Smart Payment Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100633771 was registered on 26 Jul 2022.
Charges
A charge with Others of Rs. 3.79 Cr registered on 04 Dec 2014 with Charge ID 10537611 was modified on 23 Mar 2017.
Charges
A charge with Others amounted to Rs. 3.79 Cr with Charge ID 10537611 was registered on 04 Dec 2014.
Ceased
Udai Raj Khandelwal ceased to be Director.
Ceased
Praveen Kumar Dhabhai ceased to be Additional Director.
Ceased
Sujit Lahiry ceased to be Additional Director.
Appointed
Praveen Kumar Dhabhai was appointed as Director.
Appointed
Sujit Lahiry was appointed as Director.

4 earlier events are in the company report.

News

Frequently asked questions

Smart Payment Solutions is an active private limited company based in Gurgaon, Haryana, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 29 April 2008 (18+ years old) and is registered under CIN U74140HR2008PTC102275.

Smart Payment Solutions has 5 current directors:

The latest financial statements of Smart Payment Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Smart Payment Solutions is 06AALCS9531Q1ZI, registered in Haryana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AALCS9531Q1ZG (Delhi).

The CIN (Corporate Identification Number) of Smart Payment Solutions is U74140HR2008PTC102275. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Smart Payment Solutions has 1 court case on record: 1 filed against it.

Smart Payment Solutions was incorporated on 29 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.

Smart Payment Solutions has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in March 2020.

Sunil Kulkarni was appointed as Additional Director on 09 Jan 2026. Uma Shankar Paliwal was appointed as Additional Director on 09 Jan 2026. Udai Raj Khandelwal ceased to be Director on 30 Sep 2013. Smart Payment Solutions has 10 board changes on record in total.

Yes, Smart Payment Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-01-0004902).