Vas Payment Solutions Private Limited
About Vas Payment Solutions Private Limited
Data last updated:
Vas Payment Solutions Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 22 August 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2022PTC388951.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Ritesh Bhiku Baraskar and Altamash Khan.
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 202 Shivprasad Chs Ltd Sector 20B Airoli, Navi Mumbai, Maharashtra, India – 400708.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.18 Lakh. For the same year it recorded a net loss of ₹5,370 (net margin -4.6%) and EBITDA of -₹5,350 (EBITDA margin -4.5%).
Company details
Contact details
Vas Payment Solutions Private Limited's registered office is in Navi Mumbai, Maharashtra.
- Registered Address202 Shivprasad Chs Ltd Sector 20B Airoli, Navi Mumbai, Maharashtra, India – 400708
- IndustryFinancial Services, Digital Payment Solutions
- 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
Financials of Vas Payment Solutions Private Limited
FY 2025 filings availableVas Payment Solutions Private Limited reported revenue of ₹1.18 Lakh for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
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| Depreciation and Amortisation | ||
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| EBITDA | -₹5,350 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹5,370 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
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| Trade Payables | ||
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| Investments | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -4.5% | |
| Net Profit Margin | -4.6% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Vas Payment Solutions Private Limited, buy the company report.
Board of directors of Vas Payment Solutions Private Limited
Vas Payment Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Bhiku Baraskar Also directs: O2pay India Private Limited, Saifaan Aarya Recharge Services Private Limited, Reebootz Techsol Private Limited and 1 more | Director | 22 Aug 2022 | 4 Years 2 Months | Current |
| Altamash Khan | Director | 22 Aug 2022 | 4 Years 2 Months | Current |
| Vivek Shrivastava | Director | 22 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
Vas Payment Solutions Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Payment Solution Providers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ipanache Private Limited | ₹1.41 Lakh (FY 2017) | Mumbai, Maharashtra, India | ||||
| Neopay Financial Solution Private Limited | ₹1.38 Lakh (FY 2023) | Delhi, India | ||||
| Chagans Technologies Limited | ₹1.21 Lakh (FY 2022) | 3.0% | Faridabad, Haryana, India | |||
| Commoncard Fintech Private Limited | ₹1.2 Lakh (FY 2024) | -90.0% | Delhi, India | |||
| Digital Trade Hub Private Limited | ₹1.19 Lakh (FY 2024) | -3.0% | Purnia, Bihar, India | |||
| Vas Payment Solutions Private Limitedthis company | ₹1.18 Lakh (FY 2024) | -₹5,370 | -4.6% | Navi Mumbai, Maharashtra, India | ||
| Shree Saraswati Easy Reacharge Services Private Limited | ₹1.17 Lakh (FY 2024) | -94.0% | Bhiwandi, Maharashtra, India | |||
| Prowess Fintech Private Limited | ₹1.16 Lakh (FY 2025) | -5.0% | Prayagraj, Uttar Pradesh, India | |||
| Luthars Technologies Private Limited | ₹1.09 Lakh (FY 2024) | Haldia, West Bengal, India | ||||
| Emyes Payment Private Limited | ₹1.02 Lakh (FY 2024) | Chavakkad, Kerala, India | ||||
| Haipals Messenger Private Limited | ₹1.02 Lakh (FY 2022) | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Vas Payment Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vas Payment Solutions 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 Vas Payment Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Vas Payment Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vas Payment Solutions Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Altamash Khan was appointed as Director on 22 Aug 2022.
Frequently asked questions
Vas Payment Solutions is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 22 August 2022 (4+ years old) and is registered under CIN U72900MH2022PTC388951.
Vas Payment Solutions has 3 current directors:
- Ritesh Bhiku Baraskar - Director
- Altamash Khan - Director
- Vivek Shrivastava - Director
The latest financial statements of Vas 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 FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Vas Payment Solutions is U72900MH2022PTC388951. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vas Payment Solutions was incorporated on 22 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vas Payment Solutions by revenue are Ipanache Private Limited, Neopay Financial Solution Private Limited, Chagans Technologies Limited, Commoncard Fintech Private Limited, Digital Trade Hub Private Limited and 5 more, all in the BFSI industry (Payment Solution Providers).
Altamash Khan was appointed as Director on 22 Aug 2022. Ritesh Bhiku Baraskar was appointed as Director on 22 Aug 2022. Vivek Shrivastava was appointed as Director on 22 Aug 2022.
The registered office of Vas Payment Solutions is at 202 Shivprasad Chs Ltd Sector 20B Airoli, Navi Mumbai, Maharashtra, India – 400708.
Vas Payment Solutions operates in the financial services industry, in the digital payment solutions segment.
Vas Payment Solutions can be reached at its registered office: 202 Shivprasad Chs Ltd Sector 20B Airoli, Navi Mumbai, Maharashtra, India – 400708.
Vas Payment Solutions is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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