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Smaze Pay Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹53.25 Lakh
▼ 37% YoY
Net profit · FY 2025
₹2.15 Lakh
Net margin 4%
EBITDA · FY 2025
₹8.44 Lakh
EBITDA margin 15.9%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Smaze Pay Private Limited
Data last updated:
Smaze Pay Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the prepaid card services segment of the financial services sector. It was incorporated on 02 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2021PTC363192. Its GSTIN is 27ABGCS3494L1ZP (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Lakh. It is led by directors Rahul Asani and Pankaj Shashikant Gupte.
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 201 Gods Gift Tower Chs Ltd Yari Rd Cross Lane Andheri W Nr Bmc School, Mumbai, Maharashtra, India – 400061.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.25 Lakh, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹2.15 Lakh (net margin 4%) and EBITDA of ₹8.44 Lakh (EBITDA margin 15.9%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years.
The company is associated with 1 brand: Smazepay.
Smaze Pay Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0128458). For more details, the company can be reached via its website smazepay.com.
Company details
CIN U74999MH2021PTC363192
Registration Number 363192
Incorporation Date 02 July 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0128458
Recognitions & Rankings of Smaze Pay
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-18-0128458
Contact details
Smaze Pay Private Limited's registered office is in Mumbai, Maharashtra. Its website is smazepay.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address201 Gods Gift Tower Chs Ltd Yari Rd Cross Lane Andheri W Nr Bmc School, Mumbai, Maharashtra, India – 400061
- IndustryFinancial Services, Prepaid Card Services
To see the full contact details of Smaze Pay Private Limited, buy the company report.
Comprehensive company report
Smaze Pay 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
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Brands
Smaze Pay operates one associated brand: Smazepay. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers fintech solutions and travel booking services for seamless user experiences. | smazepay.com |
Business activity
The main business activity of Smaze Pay 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 |
To see the full business activity and turnover split of Smaze Pay Private Limited, buy the company report.
Financials of Smaze Pay Private Limited
FY 2025 filings availableSmaze Pay Private Limited reported revenue of ₹53.25 Lakh (down 37% YoY) for FY 2025.
Revenue · FY 2025
₹53.25 Lakh ▼ 37%
Net profit · FY 2025
₹2.15 Lakh margin 4%
EBITDA · FY 2025
₹8.44 Lakh margin 15.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 37%
3 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▲ 215%
3 years · compounded
▲ 45%
Revenue fell 37% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA rose 215% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹8.44 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.15 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Fixed Assets | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 15.9% | |||
| Net Profit Margin | 4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Smaze Pay Private Limited, buy the company report.
Board of directors of Smaze Pay Private Limited
Smaze Pay has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Asani Also directs: Brilvoice India Private Limited, True Organic Agro & Aqua LLP | Director | 02 Jul 2021 | 5 Years 3 Months | Current |
| Pankaj Shashikant Gupte Also directs: Aqua Farm Fresh Private Limited, Brilvoice India Private Limited, Messe Frankfurt Trade Fairs India Private Limited and 1 more | Director | 02 Jul 2021 | 5 Years 3 Months | Current |
Legal cases
No court or tribunal cases involving Smaze Pay 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 Smaze Pay Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Smaze Pay Private Limited has 1 active EPFO establishment as of Mar 27, 2024.
Active EPFO establishments
1
GST
Smaze Pay has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABGCS3494L1ZP | Maharashtra | Active | 15 Jan 2022 |
To see the full GST registrations and return filing status of Smaze Pay Private Limited, buy the company report.
Recent activity
Smaze Pay Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Pankaj Shashikant Gupte was appointed as Director on 02 Jul 2021.
AGM
Smaze Pay Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Smaze Pay Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Pankaj Shashikant Gupte was appointed as Director.
Appointed
Rahul Asani was appointed as Director.
Incorporation
02 Jul 2021
Smaze Pay Private Limited was registered on 02 Jul 2021 with Roc Mumbai & aged 5 years 4 months as per MCA records.
Frequently asked questions
Smaze Pay is an active private limited company based in Mumbai, Maharashtra, India. The company works in prepaid card services, within the financial services industry. It was incorporated on 02 July 2021 (5+ years old) and is registered under CIN U74999MH2021PTC363192.
Smaze Pay has 2 current directors:
- Rahul Asani - Director
- Pankaj Shashikant Gupte - Director
The latest financial statements of Smaze Pay 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 FY 2022 are in the company report.
The GSTIN of Smaze Pay is 27ABGCS3494L1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Smaze Pay is U74999MH2021PTC363192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smaze Pay was incorporated on 02 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Pankaj Shashikant Gupte was appointed as Director on 02 Jul 2021. Rahul Asani was appointed as Director on 02 Jul 2021.
Yes, Smaze Pay is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Smaze Pay is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0128458).
Smaze Pay can be reached through the website smazepay.com. Its registered office is in Mumbai, Maharashtra, India.
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