Paynext Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 24-06-2024
- Paid Up Capital ₹ 1.00 Cr
as on 24-06-2024
- Company Age 5 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.70 Cr
as on 24-06-2024
- Satisfied Charges ₹ 3.50 Cr
as on 24-06-2024
- Revenue 3188.61%
(FY 2021)
- Profit 894.44%
(FY 2021)
- Ebitda 769.47%
(FY 2021)
- Net Worth 696.71%
(FY 2021)
- Total Assets 116.21%
(FY 2021)
About Paynext
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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹4.70 Cr. The company has closed loans amounting to ₹3.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Avinash Shende, Sachin Pande, and Maulik Joshi serve as directors at the Company.
- CIN/LLPIN
U72200MH2019PTC320131
- Company No.
320131
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Jan 2019
- 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
Who are the key members and board of directors at Paynext?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sachin Pande  | Director | 24-Jan-2019 | Current |
| Avinash Shende | Director | 24-Jan-2019 | Current |
| Maulik Joshi | Director | 04-May-2022 | Current |
Financial Performance of Paynext.
Paynext Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 3188.61% increase. The company also saw a substantial improvement in profitability, with a 894.44% increase in profit. The company's net worth Soared by an impressive increase of 696.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Paynext?
In 2021, Paynext had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Virtual Galaxy Insurance Brokers Private LimitedActive 4 years 4 monthsAvinash Shende and Sachin Pande are mutual person
Sampada Infosolutions Private LimitedActive 7 years 9 monthsAvinash Shende and Sachin Pande are mutual person
Virtual Galaxy Infotech Private LimitedActive 27 years 3 monthsAvinash Shende and Sachin Pande are mutual person
Anupamtantra Technologies Private LimitedActive 1 year 4 monthsAvinash Shende and Sachin Pande are mutual person
- Virtual Galaxy Fintech Private LimitedActive 3 years 10 months
Avinash Shende and Sachin Pande are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Uco Bank Creation Date: 13 Dec 2023 | ₹4.70 Cr | Open |
Indian Bank Creation Date: 22 Sep 2022 | ₹3.50 Cr | Satisfied |
How Many Employees Work at Paynext?
Paynext has a workforce of 19 employees as of Mar 30, 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 Paynext, 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 Paynext'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.
