Paycraft Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.20 Cr
- Paid Up Capital ₹ 1.03 Cr
- Company Age 11 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.37 Cr
- Satisfied Charges ₹ 4.40 Cr
- Revenue Growth -22.60%
- Profit Growth -17.77%
- Ebitda 441.70%
- Net Worth 6.54%
- Total Assets 34.64%
About Paycraft Solutions
Paycraft Solutions Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 September 2013 and has a history of 11 years and five months. Its registered office is in Mumbai, Maharashtra, 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 1.20 Cr and a paid-up capital of Rs 1.03 Cr.
The company currently has active open charges totaling ₹15.37 Cr. The company has closed loans amounting to ₹4.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ambarish Parekh, Palakunnath Suresh, Ravi Jain, and Two other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200MH2013PTC283149
- Company No.
283149
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Sep 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Paycraft Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ambarish Parekh  | Managing Director | 01-Jul-2022 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Palakunnath Suresh | Director | 01-Apr-2014 | Current |
| Ravi Jain | Director | 12-Sep-2013 | Current |
| Pankaj Ganguly | Director | 01-Sep-2022 | Current |
| Sunil Kaushal | Director | 01-Sep-2022 | Current |
Financial Performance of Paycraft Solutions.
Paycraft Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.6% decrease. The company also saw a substantial fall in profitability, with a 17.77% decrease in profit. The company's net worth moved up by a moderate rise of 6.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Paycraft Solutions?
In 2023, Paycraft Solutions had a promoter holding of 95.24% and a public holding of 4.76%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Paycraft Urban Solutions Private LimitedPalakunnath Suresh and Ravi Jain are mutual person
- Paycraft Mobile Solutions Private Limited
Ravi Jain is a mutual person
Iodl FoundationAmbarish Parekh is a mutual person
- Banasura Holidays Llp
Palakunnath Suresh is a mutual person
- Fuelcraft Solutions Private Limited
Palakunnath Suresh is a mutual person
- Nair Business Forum
Palakunnath Suresh is a mutual person
Charges (Loans)
₹15.37 Cr
₹4.40 Cr
Charges Breakdown by Lending Institutions
- Others : 14.72 Cr
- Hdfc Bank Limited : 0.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Nov 2022 | Others | ₹3.16 M | Open |
| 07 Jun 2022 | Hdfc Bank Limited | ₹4.50 M | Open |
| 11 Dec 2020 | Hdfc Bank Limited | ₹2.00 M | Open |
| 13 Oct 2020 | Others | ₹9.04 M | Open |
| 01 Nov 2018 | Others | ₹13.50 Cr | Open |
How Many Employees Work at Paycraft Solutions?
Paycraft Solutions has a workforce of 183 employees as of Apr 03, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Paycraft 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 Paycraft Solutions's trajectory.
Rating
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
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.
