MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-RJ-17-0049946
Zpay Solutions Private Limited - information technology in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹371.34 Cr
▲ 109% YoY
Net profit · FY 2025
₹1.34 Cr
Net margin 0.4%
EBITDA · FY 2025
₹1.93 Cr
EBITDA margin 0.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹3.75 Lakh
Issued & subscribed
Open charges
₹2.3 Cr
Satisfied ₹1.5 Cr
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Zpay Solutions Private Limited
Data last updated:
Zpay Solutions Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 31 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U72900RJ2019PTC067613. Its GSTIN is 08AABCZ4734A1ZJ (Rajasthan).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.75 Lakh. It is led by directors including Chetan Agrawal and Nitin Goyal.
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 G – 25 Ganpati Enclave Central Spine Vidhyadhar Nagar, Jaipur, Rajasthan, India – 302039.
As per the financials filed for FY 2025, the company reported a revenue of ₹371.34 Cr, a growth of 109% compared to the previous year. For the same year it recorded a net profit of ₹1.34 Cr (net margin 0.4%) and EBITDA of ₹1.93 Cr (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 98% over five years.
The company is associated with 1 brand: Zpay Solutions. As per MCA filings, the company has open charges of ₹2.3 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 14 cases involving the company, including 14 filed by the company; 13 cases are pending.
Zpay Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0049946). For more details, the company can be reached via its website zpaysolutions.com.
Company details
CIN U72900RJ2019PTC067613
Registration Number 067613
Incorporation Date 31 December 2019
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-RJ-17-0049946
Recognitions & Rankings of Zpay Solutions
Contact details
Zpay Solutions Private Limited's registered office is in Jaipur, Rajasthan. Its website is zpaysolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG – 25 Ganpati Enclave Central Spine Vidhyadhar Nagar, Jaipur, Rajasthan, India – 302039
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Zpay Solutions Private Limited, buy the company report.
Comprehensive company report
Zpay 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
Zpay Solutions operates one associated brand: Zpay Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT solutions and web development services in India. | zpaysolutions.com |
Business activity
The main business activity of Zpay Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Zpay Solutions Private Limited, buy the company report.
Financials of Zpay Solutions Private Limited
FY 2025 filings availableZpay Solutions Private Limited reported revenue of ₹371.34 Cr (up 109% YoY) for FY 2025.
Revenue · FY 2025
₹371.34 Cr ▲ 109%
Net profit · FY 2025
₹1.34 Cr margin 0.4%
EBITDA · FY 2025
₹1.93 Cr margin 0.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 109%
3 years · compounded
▲ 56%
5 years · compounded
▲ 98%
EBITDA CAGR growth
1 year
▲ 74%
3 years · compounded
▲ 64%
5 years · compounded
▲ 245%
Revenue has grown at a compounded annual rate (CAGR) of 98% over five years, including 109% growth in the latest year. EBITDA rose 74% 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 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.34 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Zpay Solutions Private Limited, buy the company report.
Board of directors of Zpay Solutions Private Limited
Zpay Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Agrawal Also directs: Giftev Solutions Private Limited | Director | 31 Dec 2019 | 6 Years 9 Months | Current |
| Nitin Goyal | Director | 29 Jan 2022 | 4 Years 8 Months | Current |
| Anam Goyal Also directs: Green Arrow Foods Private Limited, Windberry Food Private Limited, Ideo Decor Private Limited and 5 more | Director | 31 Dec 2019 | 6 Years 9 Months | Current |
Peer comparison
Zpay Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vis Networks Private Limited | ₹381.14 Cr (FY 2024) | 17.0% | Bangalore, Karnataka, India | |||
| Mmis Technology Services India Private Limited | ₹377.18 Cr (FY 2025) | 72.0% | Bangalore, Karnataka, India | |||
| Exilant Technologies Private Limited | ₹377.14 Cr (FY 2017) | -2.0% | Bangalore, Karnataka, India | |||
| Embitel Technologies (India) Private Limited | ₹374.13 Cr (FY 2025) | 28.0% | Bangalore, Karnataka, India | |||
| Transline Technologies Limited | ₹371.91 Cr (FY 2025) | 64.0% | New Delhi, Delhi, India | |||
| Zpay Solutions Private Limitedthis company | ₹371.34 Cr (FY 2025) | ₹1.34 Cr | 0.4% | 109.0% | Jaipur, Rajasthan, India | |
| Alorica (India) Private Limited | ₹367.02 Cr (FY 2025) | 17.0% | Bangalore, Karnataka, India | |||
| Interviewbit Technologies Private Limited | ₹366.35 Cr (FY 2025) | -6.0% | Bangalore, Karnataka, India | |||
| Kgisl Technologies Private Limited | ₹366.32 Cr (FY 2025) | 13.0% | Coimbatore, Tamil Nadu, India | |||
| Equinix India Professional Services Private Limited | ₹366.28 Cr (FY 2025) | 56.0% | Mumbai, Maharashtra, India | |||
| Solvy Tech Solutions Private Limited | ₹363.31 Cr (FY 2025) | -19.0% | New Delhi, Delhi, India |
To see the full peer comparison of Zpay Solutions Private Limited, buy the company report.
Auditor
Zpay Solutions Private Limited is audited by AGRAWAL JAIN & GUPTA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGRAWAL JAIN & GUPTA | FY 2023 | 013538C |
Shareholding
The shareholding of Zpay Solutions Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Zpay Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.3 Cr
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Apr 2023 | 100710919 | Others | ₹50 Lakh | Open | |
| 10 Oct 2022 | 100615412 | Others | ₹1.75 Cr | Open | |
| 04 Feb 2021 | 100421751 | Others | ₹5 Lakh | Open | |
| 29 Sep 2021 | 100491683 | Others | ₹1.5 Cr | Satisfied |
To see the full charge records of Zpay Solutions Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Zpay Solutions Private Limited has 14 court cases on record: 14 filed by Zpay Solutions. 13 cases are pending and 1 is disposed.
Total cases
14
Filed by the company
14
Pending
13
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 0 | 13 |
Cases on record (3 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Writ petition | Filed by the company against Icici Bank Limited and 1 other | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against Icici Bank Limited and 1 other | Disposed |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against State of Rajasthan | Pending |
To see the full case history of Zpay Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Zpay Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Zpay Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCZ4734A1ZJ | Rajasthan | Active | 13 Jan 2020 |
To see the full GST registrations and return filing status of Zpay Solutions Private Limited, buy the company report.
Recent activity
Zpay Solutions Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Nitin Goyal ceased to be Additional Director on 30 Sep 2022.
AGM
Zpay Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 175.00 Lakh registered on 10 Oct 2022 with Charge ID 100615412 was modified on 17 Jul 2025.
Filing
Zpay Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge registered on 29 Sep 2021 via Charge ID 100491683 with Others was fully satisfied on 03 Oct 2023.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100710919 was registered on 06 Apr 2023.
Charges
A charge with Others amounted to Rs. 175.00 Lakh with Charge ID 100615412 was registered on 10 Oct 2022.
Ceased
Nitin Goyal ceased to be Additional Director.
Appointed
Nitin Goyal was appointed as Director.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100491683 was registered on 29 Sep 2021.
Ceased
Jitesh Agarwal ceased to be Director.
Charges
A charge with Others amounted to Rs. 5.00 Lakh with Charge ID 100421751 was registered on 04 Feb 2021.
Appointed
Anam Goyal was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Zpay Solutions is an active private limited company based in Jaipur, Rajasthan, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 31 December 2019 (7+ years old) and is registered under CIN U72900RJ2019PTC067613.
Zpay Solutions has 3 current directors:
- Chetan Agrawal - Director
- Nitin Goyal - Director
- Anam Goyal - Director
The latest financial statements of Zpay 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 2020 are in the company report.
The GSTIN of Zpay Solutions is 08AABCZ4734A1ZJ, registered in Rajasthan.
The CIN (Corporate Identification Number) of Zpay Solutions is U72900RJ2019PTC067613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zpay Solutions has 14 court cases on record: 14 filed by the company. 13 are pending.
Zpay Solutions was incorporated on 31 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Zpay Solutions by revenue are Vis Networks Private Limited, Mmis Technology Services India Private Limited, Exilant Technologies Private Limited, Embitel Technologies (India) Private Limited, Transline Technologies Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Nitin Goyal ceased to be Additional Director on 30 Sep 2022. Nitin Goyal was appointed as Director on 29 Jan 2022. Jitesh Agarwal ceased to be Director on 27 Jul 2021. Zpay Solutions has 5 board changes on record in total.
Yes, Zpay Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-RJ-17-0049946).
Zpay Solutions can be reached through the website zpaysolutions.com. Its registered office is in Jaipur, Rajasthan, India.