Paymart India Private Limited

Provides financial services including foreign exchange, money transfer, wealth management, and travel needs.

2015 | Chandigarh (India) | Active
Last Updated: December 28, 2024

Paymart India Profile

Key Indicators

  • Authorised Capital ₹ 6.25 Cr
  • Paid Up Capital ₹ 4.09 Cr
  • Company Age 9 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.50 M
  • Revenue Growth 648.96%
  • Profit Growth -58.40%
  • Ebitda -102.90%
  • Net Worth -8.51%
  • Total Assets -5.94%

About Paymart India

Paymart India Private Limited (PIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 14 October 2015 (Nine years and three months 27 days old ). Its registered office is in Chandigarh, 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 6.25 Cr and a paid-up capital of Rs 4.09 Cr.

The company has closed loans amounting to ₹2.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Girish Pande, Jyoti Narang, and Amit Narang serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U67190CH2015PTC035776

  • Company No.

    035776

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Oct 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services

Who are the key members and board of directors at Paymart India?

Executive Team (1)

Name Designation Appointment Date Status
Amit Narang Country flag representing In Managing Director 28-Jun-2017 Current

Board Members (2)

Name Designation Appointment Date Status
Girish Pande Country flag representing In Director 30-Nov-2022 Current
Jyoti Narang Country flag representing In Director 23-Nov-2017 Current

Financial Performance of Paymart India.

Paymart India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 648.96% increase. The company also saw a substantial fall in profitability, with a 58.4% decrease in profit. The company's net worth dipped by a decrease of 8.51%.

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
648.96%
Revenue from Operations
3508.84%
Total Assets
-5.94%
Profit or Loss
-58.40%
Net Worth
-8.51%
EBITDA
-102.90%

What is the Ownership and Shareholding Structure of Paymart India?

In 2022, Paymart India had a promoter holding of 50.76% and a public holding of 49.24%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.25 Cr

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 0.25 Cr

Latest Charge Details

Date Lender Amount Status
13 Feb 2018 Idbi Bank Limited ₹2.50 M Satisfied

How Many Employees Work at Paymart India?

Paymart India has a workforce of 25 employees as of Apr 07, 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 Paymart India, 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 Paymart India'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 Paymart India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Paymart India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Girish Chandra Pande was appointed as a Director was appointed as a Director on 30 Nov 2022 & has been associated with this company since 2 years 2 months .

    30 Nov 2022

  • Charges

    A charge registered on 13 Feb 2018 via Charge ID 100158079 with Idbi Bank Limited was fully satisfied on 04 Aug 2022.

    04 Aug 2022

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100158079 was registered on 13 Feb 2018.

    13 Feb 2018

  • Director Appointment

    Jyoti Narang was appointed as a Director was appointed as a Director on 23 Nov 2017 & has been associated with this company since 7 years 2 months .

    23 Nov 2017

Frequently asked questions

  • Paymart India Private Limited was incorporated on 14 Oct 2015.

  • The authorized share capital of Paymart India Private Limited is ₹ 6.25 Cr and paid-up capital is ₹ 4.09 Cr.

  • Currently 3 directors are associated with Paymart India Private Limited.

    • Girish Chandra Pande
    • Jyoti Narang
    • Amit Narang
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paymart India Private Limited is Gf-29A City Emporium Mall Plot No-143 A Industrial Area Phase 1, - India, Chandigarh, 160002.

  • The corporate identification number (CIN) of Paymart India Private Limited is U67190CH2015PTC035776 and the company number is 035776 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paymart India Private Limited is https://www.mypaymart.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Paymart India Private Limited has risen by 648.96%.

  • As Per 2022 financial reports, 25 employees are currently employed by Paymart India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Paymart India Private Limited has experienced an downturn of -8.51%.

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

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