Lazypay Private Limited

Provides technology enabled settlement and collection services for businesses, co-branded credit cards.

2018 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Lazypay Profile

Key Indicators

  • Authorised Capital ₹ 95.00 Cr
  • Paid Up Capital ₹ 67.98 Cr
  • Company Age 6 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 573.11%
  • Profit Growth 51.17%
  • Ebitda 47.46%
  • Net Worth 96.74%
  • Total Assets 9.19%

About Lazypay

Lazypay Private Limited (LPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 26 November 2018 (Six years and two months 29 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Paysense Consultancy Services India Private Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 95.00 Cr and a paid-up capital of Rs 67.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Lazypay Private Limited India is Rima Valimbe as COMPANY SECRETARY. Vineet Sethi and Ankit Nahata serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    lazypay.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74110MH2018FTC317439

  • Company No.

    317439

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    26 Nov 2018

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Lazypay?

Executive Team (1)

NameDesignationAppointment DateStatus
Rima Valimbe Country flag representing In Company Secretary16-Mar-2022Current

Board Members (2)

NameDesignationAppointment DateStatus
Vineet Sethi Country flag representing In Director 13-May-2024Current
Ankit Nahata Country flag representing In Director 14-Mar-2024Current

Financial Performance of Lazypay.

Lazypay Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 573.11% increase. The company also saw a substantial improvement in profitability, with a 51.17% increase in profit. The company's net worth Soared by an impressive increase of 96.74%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
573.11%
Revenue from Operations
564.43%
Total Assets
9.19%
Profit or Loss
51.17%
Net Worth
96.74%
EBITDA
47.46%

What is the Ownership and Shareholding Structure of Lazypay?

In 2023, Lazypay had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Lazypay?

Lazypay has a workforce of 11 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lazypay, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Lazypay's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Lazypay

Recent activity within the organization

  • Annual General Meeting

    Lazypay Private Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

    24 Sep 2024

  • Director Appointment

    Vineet Sethi was appointed as a Director was appointed as a Director on 13 May 2024 & has been associated with this company since 9 months 11 days .

    13 May 2024

  • Balance Sheet

    Lazypay Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Ankit Nahata was appointed as a Director was appointed as a Director on 14 Mar 2024 & has been associated with this company since 11 months 10 days .

    14 Mar 2024

  • Director Appointment

    Rima Shrikant Valimbe was appointed as a Company Secretary was appointed as a Company Secretary on 16 Mar 2022 & has been associated with this company since 2 years 11 months .

    16 Mar 2022

  • Company Incorporation

    Lazypay Private Limited was registered on 26 Nov 2018 with Roc Mumbai & aged 6 years 2 months as per MCA records.

    26 Nov 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Lazypay Private Limited was incorporated on 26 Nov 2018.

  • The authorized share capital of Lazypay Private Limited is ₹ 95.00 Cr and paid-up capital is ₹ 67.98 Cr.

  • Currently 3 directors are associated with Lazypay Private Limited.

    • Vineet Sethi
    • Rima Shrikant Valimbe
    • Ankit Nahata
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lazypay Private Limited is Empresa Building Sixth Floor Second Road Khar West India, Mumbai, Maharashtra, 400052.

  • The corporate identification number (CIN) of Lazypay Private Limited is U74110MH2018FTC317439 and the company number is 317439 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lazypay Private Limited is https://www.lazypay.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lazypay Private Limited has risen by 573.11%.

  • As Per 2023 financial reports, 11 employees are currently employed by Lazypay Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lazypay Private Limited has experienced an upsurge of 96.74%.

  • The most recent Balance Sheet for Lazypay Private Limited was filed with the ROC on 31 Mar 2024.

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