Makspay Fintech Solutions Private Limited

Technology service provider for banks, NBFCs, and MFIs, offering digital loan services and access to lenders.

2020 | Hyderabad, Telangana (India) | Active
Last Updated: January 04, 2025

Makspay Fintech Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.14 M
  • Paid Up Capital ₹ 0.13 M
  • Company Age 4 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth %
  • Profit Growth 62.18%
  • Ebitda -82.56%
  • Net Worth 35.43%
  • Total Assets 34.25%

About Makspay Fintech Solutions

Makspay Fintech Solutions Private Limited (MFSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 17 September 2020 (Four years and four months 17 days old ). Its registered office is in Hyderabad, Telangana, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 0.14 M and a paid-up capital of Rs 0.13 M, as per Ministry of Corporate Affairs (MCA) records.

Kavitha Sunderam and Shiva Palancha serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TG2020PTC143997

  • Company No.

    143997

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Sep 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Makspay Fintech Solutions?

Board Members (2)

Name Designation Appointment Date Status
Kavitha Sunderam Country flag representing In Director 17-Sep-2020 Current
Shiva Palancha Country flag representing In Director 17-Sep-2020 Current

Financial Performance of Makspay Fintech Solutions.

Makspay Fintech Solutions Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 62.18% increase in profit. The company's net worth Soared by an impressive increase of 35.43%.

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
Revenue from Operations
Total Assets
34.25%
Profit or Loss
62.18%
Net Worth
35.43%
EBITDA
-82.56%

What is the Ownership and Shareholding Structure of Makspay Fintech Solutions?

In 2023, Makspay Fintech Solutions had a public holding of 27.93%. 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 Makspay Fintech Solutions?

Makspay Fintech Solutions has a workforce of 0 employees as of Apr 09, 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 Makspay Fintech Solutions, 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 Makspay Fintech Solutions'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 Makspay Fintech Solutions

Recent activity within the organization

  • Annual General Meeting

    Makspay Fintech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Makspay Fintech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Kavitha Sunderam was appointed as a Director was appointed as a Director on 17 Sep 2020 & has been associated with this company since 4 years 4 months .

    17 Sep 2020

  • Director Appointment

    Shiva Prasad Palancha was appointed as a Director was appointed as a Director on 17 Sep 2020 & has been associated with this company since 4 years 4 months .

    17 Sep 2020

  • Company Incorporation

    Makspay Fintech Solutions Private Limited was registered on 17 Sep 2020 with Roc Hyderabad & aged 4 years 4 months as per MCA records.

    17 Sep 2020

Frequently asked questions

  • Makspay Fintech Solutions Private Limited was incorporated on 17 Sep 2020.

  • The authorized share capital of Makspay Fintech Solutions Private Limited is ₹ 0.14 M and paid-up capital is ₹ 0.13 M.

  • Currently 2 directors are associated with Makspay Fintech Solutions Private Limited.

    • Kavitha Sunderam
    • Shiva Prasad Palancha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Makspay Fintech Solutions Private Limited is Flat No. 101, La Palazzo A Apartments Srinivas Hills Madhapur India, Hyderabad, Telangana, 500081.

  • The corporate identification number (CIN) of Makspay Fintech Solutions Private Limited is U74999TG2020PTC143997 and the company number is 143997 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Makspay Fintech Solutions Private Limited is https://www.makspay.com

  • The financial reports for the fiscal year 2023 indicates that The net worth of Makspay Fintech Solutions Private Limited has experienced an upsurge of 35.43%.

  • The most recent Balance Sheet for Makspay Fintech Solutions Private Limited was filed with the ROC on 31 Mar 2023.