Lazypay Profile
Key Indicators
- Authorised Capital ₹ 95.00 Cr
- Paid Up Capital ₹ 67.98 Cr
- Company Age 6 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 573.11%
- Profit Growth 51.17%
- Ebitda 47.46%
- Net Worth 96.74%
- Total Assets 9.19%
About Lazypay
Lazypay Private Limited (LPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 26 November 2018 (Six years and five months 1 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Paysense Consultancy Services India Private Limited. 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 95.00 Cr and a paid-up capital of Rs 67.98 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Lazypay Private Limited India is Rima Valimbe as COMPANY SECRETARY. Vineet Sethi and Ankit Nahata 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
U74110MH2018FTC317439
- Company No.
317439
- Company Classification
Private Limited Foreign Company Incorporated In India
- Incorporation Date
26 Nov 2018
- Date of AGM
24 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Lazypay Private Limited
Explore comprehensive data for Lazypay Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Lazypay?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rima Valimbe  | Company Secretary | 16-Mar-2022 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vineet Sethi | Director | 13-May-2024 | Current |
| Ankit Nahata | Director | 14-Mar-2024 | Current |
Financial Performance of Lazypay.
Lazypay Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 573.11% increase. The company also saw a substantial improvement in profitability, with a 51.17% increase in profit. The company's net worth Soared by an impressive increase of 96.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Lazypay?
In 2023, Lazypay 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)
- Paysense Services India Private Limited
Ankit Nahata is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Lazypay?
Lazypay has a workforce of 11 employees as of Apr 06, 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 Lazypay, 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 Lazypay'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.
Latest Updates, News, and FAQs on Lazypay
Recent activity within the organization
- Annual General Meeting
Lazypay Private Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.
- Director Appointment
Vineet Sethi was appointed as a Director was appointed as a Director on 13 May 2024 & has been associated with this company since 11 months 14 days .
- Balance Sheet
Lazypay Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Ankit Nahata was appointed as a Director was appointed as a Director on 14 Mar 2024 & has been associated with this company since 1 year 1 month .
- Director Appointment
Rima Shrikant Valimbe was appointed as a Company Secretary was appointed as a Company Secretary on 16 Mar 2022 & has been associated with this company since 3 years 1 month .
- Company Incorporation
Lazypay Private Limited was registered on 26 Nov 2018 with Roc Mumbai & aged 6 years 5 months as per MCA records.
Recent News, Updates & Announcement
IndiaBulls Home Loans, Kissht among websites blocked by government.The list includes www.indiabullshomeloans.com operated by housing finance company Indiabulls Housing Finance Ltd and Kissht.com which is operated by RBI registered NBFC firm ONEMi Technology Solutions Private Limited..
- PayU to Acquire PaySense for $60-70 Million, Aims to Dominate India's Fintech Market with Latest Investment.
PayU wants to buy PaySense for $60-70 million. PaySense is looking for funding and PayU is interested in buying them. PayU already owns 20% of PaySense. PayU is becoming a fintech platform and India is their biggest market. They also have investments in ZestMoney and PaySense. This acquisition will help PayU become a leader in consumer lending..
- PayU India likely to hive off its lending business as a separate entity.
Gupta will take over as the new chief executive officer of the lending company, which will be named PayU Finance India and will operate out of Mumbai, ET has learnt..
Frequently asked questions
What is the Incorporation or founding date of Lazypay Private Limited?
Lazypay Private Limited was incorporated on 26 Nov 2018.
What is authorized share capital and paid-up capital of Lazypay Private Limited?
The authorized share capital of Lazypay Private Limited is ₹ 95.00 Cr and paid-up capital is ₹ 67.98 Cr.
Who are the current board members & directors of Lazypay Private Limited?
Currently 3 directors are associated with Lazypay Private Limited.
- Vineet Sethi
- Rima Shrikant Valimbe
- Ankit Nahata
What is the registered address of Lazypay Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lazypay Private Limited is Empresa Building Sixth Floor Second Road Khar West India, Mumbai, Maharashtra, 400052.
What is the corporate identification number (CIN) and company number of Lazypay Private Limited?
The corporate identification number (CIN) of Lazypay Private Limited is U74110MH2018FTC317439 and the company number is 317439 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lazypay Private Limited?
The Official website of Lazypay Private Limited is https://www.lazypay.in
What has been the recent revenue trend for Lazypay Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Lazypay Private Limited has risen by 573.11%.
How many employees does Lazypay Private Limited currently have?
As Per 2023 financial reports, 11 employees are currently employed by Lazypay Private Limited.
What change has been observed in the net worth of Lazypay Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Lazypay Private Limited has experienced an upsurge of 96.74%.
When was the last Balance Sheet of Lazypay Private Limited filed with the ROC?
The most recent Balance Sheet for Lazypay Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Mayuresh KiniDirector
Hemang DattaniAdditional DirectorPR
Prashanth RanganathanDirectorSK
Sayali KaranjkarDirectorDM
Deepak MendirattaDirectorAA
Anup AgrawalAdditional Director
Similar Companies Based on Prepaid Card Services
Prepay Payment Services Private Limited Delhi, India
Euronet Services India Private Limited Bangaluru, Karnataka, India
Sbi Payment Services Private Limited Mumbai, Maharashtra, India
Indiaideas Com Limited Mumbai, Maharashtra, India
Ags Transact Technologies Limited Mumbai, Maharashtra, India
Payu Payments Private Limited Mumbai, Maharashtra, India
Pine Labs Private Limited. Gurugram, Haryana, India
American Express(India) Private Limited Delhi, India