Pay Point India Network Private Limited

Payment and remittance services, third-party financial product distribution, and web platform for various payments.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated: June 24, 2024

Pay Point India Network Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 24.64 Cr
  • Company Age 19 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 24.40 Cr
  • Satisfied Charges ₹ 28.16 Cr
  • Revenue Growth 15.05%
  • Profit Growth 3.88%
  • Ebitda -12.03%
  • Net Worth 21.93%
  • Total Assets 11.12%

About Pay Point India Network

Pay Point India Network Private Limited (PPINPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 September 2005 and has a history of 19 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Pay Point India Network 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 2023. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 24.64 Cr.

The company currently has active open charges totaling ₹24.40 Cr. The company has closed loans amounting to ₹28.16 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Pay Point India Network Private Limited India is Renu Jain as COMPANY SECRETARY. Ketan Doshi, Pradip Mehta, Arnav Patel, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    paypointindia.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2005PTC156130

  • Company No.

    156130

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Sep 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Pay Point India Network Private Limited offer?

Pay Point India Network Private Limited offers a wide range of products and services, including Telecom Services, Engg & Maintenance, Payment Processing Service, Telecommunication Equipment & Parts, Automated Teller Machines.

Who are the key members and board of directors at Pay Point India Network?

Executive Team (2)

NameDesignationAppointment DateStatus
Ketan Doshi Country flag representing In Managing Director20-Mar-2007Current
Renu Jain Company Secretary01-Dec-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Pradip Mehta Country flag representing In Director 20-Mar-2007Current
Arnav Patel Country flag representing Ie Additional Director 03-Feb-2024Current
Rajeev Lal Country flag representing In Director 03-Feb-2022Current

Financial Performance of Pay Point India Network.

Pay Point India Network Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.05% increase. The company also saw a slight improvement in profitability, with a 3.88% increase in profit. The company's net worth Soared by an impressive increase of 21.93%.

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
15.05%
Revenue from Operations
15.10%
Total Assets
11.12%
Profit or Loss
3.88%
Net Worth
21.93%
EBITDA
-12.03%

What is the Ownership and Shareholding Structure of Pay Point India Network?

In 2023, Pay Point India Network had a promoter holding of 31.28% and a public holding of 68.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.40 Cr

Satisfied Charges

₹28.16 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 22.13 Cr
  • Others : 1.94 Cr
  • Icici Bank Limited : 0.33 Cr

Latest Charge Details

DateLenderAmountStatus
06 Mar 2024Axis Bank Limited₹22.13 CrOpen
15 Nov 2021Others₹1.54 CrOpen
18 Mar 2021Others₹0.10 MOpen
03 Dec 2016Others₹2.35 MOpen
19 May 2016Others₹1.58 MOpen

How Many Employees Work at Pay Point India Network?

Pay Point India Network has a workforce of 157 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 Pay Point India Network, 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 Pay Point India Network'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 Pay Point India Network

Recent activity within the organization

  • Charges

    A charge registered on 25 Nov 2021 via Charge ID 100507758 with Others was fully satisfied on 02 Apr 2024.

    02 Apr 2024

  • Charges

    A charge registered on 11 Nov 2019 via Charge ID 100304130 with Others was fully satisfied on 01 Apr 2024.

    01 Apr 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 22.13 Cr with Charge ID 100892417 was registered on 06 Mar 2024.

    06 Mar 2024

  • Director Appointment

    Arnav Patel was appointed as a Additional Director was appointed as a Additional Director on 03 Feb 2024 & has been associated with this company since 1 year 20 days .

    03 Feb 2024

  • Annual General Meeting

    Pay Point India Network Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Pay Point India Network Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Pay Point India Network Private Limited was incorporated on 16 Sep 2005.

  • The authorized share capital of Pay Point India Network Private Limited is ₹ 30.00 Cr and paid-up capital is ₹ 24.64 Cr.

  • Currently 5 directors are associated with Pay Point India Network Private Limited.

    • Ketan Chandravadan Doshi
    • Pradip Chandrakant Mehta
    • Renu Jain
    • Arnav Patel
    • Rajeev Lal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pay Point India Network Private Limited is 203 2Nd Floor A Wing Supreme City Supreme Business Park Hiranandani Gardens Behind Lake Cas, Tle Powai, Mumbai, Maharashtra, India, 400076.

  • The corporate identification number (CIN) of Pay Point India Network Private Limited is U74999MH2005PTC156130 and the company number is 156130 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pay Point India Network Private Limited is https://www.paypointindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pay Point India Network Private Limited has risen by 15.05%.

  • As Per 2023 financial reports, 157 employees are currently employed by Pay Point India Network Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pay Point India Network Private Limited has experienced an upsurge of 21.93%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pay Point India Network Private Limited amount to ₹ 24.40 Cr.

  • The most recent Balance Sheet for Pay Point India Network Private Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Digital Payment Solutions