Paymate India Profile
Key Indicators
- Authorised Capital ₹ 205.66 Cr
as on 21-06-2024
- Paid Up Capital ₹ 189.73 Cr
as on 21-06-2024
- Company Age 18 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 1.26 Cr
as on 21-06-2024
- Revenue 11.85%
(FY 2023)
- Profit 27.03%
(FY 2023)
- Ebitda 23.19%
(FY 2023)
- Net Worth -21.53%
(FY 2023)
- Total Assets 19.61%
(FY 2023)
About Paymate India
The Corporate was formerly known as Paymate India Private Limited. The Company is engaged in the Finance And Insurance 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 205.66 Cr and a paid-up capital of Rs 189.73 Cr.
The company has closed loans amounting to ₹1.26 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Paymate India Limited India are Vishvanathan Subramanian as CFO and Nanda Harish as Company Secretary. Ajay Adiseshan, Monica Niranjan, Sandeep Murthy, and Three other members serve as directors at the Company.
- CIN/LLPIN
U72200MH2006PLC205023
- Company No.
205023
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 May 2006
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
- Apps
What products or services does Paymate India Limited offer?
Paymate India Limited offers a wide range of products and services, including Payment Processing Service, Online Payment Solution, Application Development Service, Cloud Application Development, Business Planning and Management, Business Consultant, Computer and Mobile Softwares & Apps, Accounting & Billing Software.
Who are the key members and board of directors at Paymate India?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajay Adiseshan  | Managing Director | 12-May-2006 | Current |
| Vishvanathan Subramanian | CFO | 15-Sep-2021 | Current |
| Nanda Harish | Company Secretary | 01-Aug-2018 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandeep Murthy  | Nominee Director | 16-Nov-2006 | Current |
| Vishvanathan Subramanian | Whole-Time Director | 21-Jun-2008 | Current |
| Ashimkumar Banerjee | Director | 07-Mar-2022 | Current |
| Monica Niranjan | Director | 07-Mar-2022 | Current |
| Kevin Phalen | Director | 18-Dec-2021 | Current |
Financial Performance and Corporate Structure Insights of Paymate India.
Paymate India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.85% increase. The company also saw a substantial improvement in profitability, with a 27.03% increase in profit. The company's net worth observed a substantial decline by a decrease of 21.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Paymate India?
In 2022, Paymate India had a promoter holding of 59.06% and a public holding of 40.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 17 Jun 2021 | ₹2.50 M | Satisfied |
Corporation Bank Creation Date: 13 Jun 2011 | ₹4.11 M | Satisfied |
Indian Overseas Bank Creation Date: 16 Mar 2011 | ₹6.00 M | Satisfied |
How Many Employees Work at Paymate India?
Paymate India has a workforce of 88 employees as of Mar 29, 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 Paymate 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 Paymate India'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.
