Payfx Fintech Solutions Private Limited

Provides payment solutions including wire transfers, travel cards, and loans.

2022 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 15, 2024

Payfx Fintech Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 3 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 M
  • Revenue Growth 109134.36%
  • Profit Growth -82.57%
  • Ebitda 4797.76%
  • Net Worth -1437.56%
  • Total Assets 341.76%

About Payfx Fintech Solutions

Payfx Fintech Solutions Private Limited (PFSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 14 January 2022 (Three years and one month 12 days old ). Its registered office is in Coimbatore, Tamil Nadu, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 0.30 M.

The company currently has active open charges totaling ₹5.00 M.

Jothimuthusamy Jayaprakash and Jothimuthusamy Krishnakumar serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    payfx.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200TZ2022PTC037986

  • Company No.

    037986

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jan 2022

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

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

Executive Team (1)

NameDesignationAppointment DateStatus
Jothimuthusamy Jayaprakash Country flag representing In Managing Director14-Jan-2022Current

Board Members (1)

NameDesignationAppointment DateStatus
Jothimuthusamy Krishnakumar Country flag representing In Director 14-Jan-2022Current

Financial Performance of Payfx Fintech Solutions.

Payfx Fintech Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 109134.36% increase. The company also saw a substantial fall in profitability, with a 82.57% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1437.56%.

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
109134.36%
Revenue from Operations
109134.36%
Total Assets
341.76%
Profit or Loss
-82.57%
Net Worth
-1437.56%
EBITDA
4797.76%

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

Unlock access to Payfx Fintech Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
26 Apr 2024Others₹5.00 MOpen

How Many Employees Work at Payfx Fintech Solutions?

Unlock and access historical data on people associated with Payfx Fintech Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Payfx 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 Payfx 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 Payfx Fintech Solutions

Recent activity within the organization

  • Annual General Meeting

    Payfx Fintech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100931613 was registered on 26 Apr 2024.

    26 Apr 2024

  • Balance Sheet

    Payfx Fintech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Director Appointment

    Jothimuthusamy Jayaprakash was appointed as a Managing Director was appointed as a Managing Director on 14 Jan 2022 & has been associated with this company since 3 years 1 month .

    14 Jan 2022

  • Director Appointment

    Jothimuthusamy Krishnakumar was appointed as a Director was appointed as a Director on 14 Jan 2022 & has been associated with this company since 3 years 1 month .

    14 Jan 2022

  • Company Incorporation

    Payfx Fintech Solutions Private Limited was registered on 14 Jan 2022 with Roc Coimbatore & aged 3 years 1 month as per MCA records.

    14 Jan 2022

Frequently asked questions

  • Payfx Fintech Solutions Private Limited was incorporated on 14 Jan 2022.

  • The authorized share capital of Payfx Fintech Solutions Private Limited is ₹ 1.50 M and paid-up capital is ₹ 0.30 M.

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

    • Jothimuthusamy Jayaprakash
    • Jothimuthusamy Krishnakumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Payfx Fintech Solutions Private Limited is Z16 1047A T.S.No. 1754/13 Trichy Road, Ramanathapuram India, Coimbatore South, Tamil Nadu, 641045.

  • The corporate identification number (CIN) of Payfx Fintech Solutions Private Limited is U72200TZ2022PTC037986 and the company number is 037986 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Payfx Fintech Solutions Private Limited is https://www.payfx.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Payfx Fintech Solutions Private Limited has risen by 109134.36%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Payfx Fintech Solutions Private Limited has experienced an downturn of -1437.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Payfx Fintech Solutions Private Limited amount to ₹ 5.00 M.

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