Payswiff Solutions Private Limited

Provides omnichannel payment solutions for businesses, including mPOS and digital POS services.

2012 | Rangareddy, Telangana (India) | Merged
Last Updated: January 18, 2025

Payswiff Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.55 Cr
  • Company Age 12 Year, 2 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 24.23 Cr
  • Revenue Growth 39.63%
  • Profit Growth -1399.56%
  • Ebitda -138.20%
  • Net Worth -52.69%
  • Total Assets 45.28%

About Payswiff Solutions

Payswiff Solutions Private Limited (PSPL) is Amalgamated company established on 03 Dec 2012 with its office registered at Rangareddy, Telangana, India and has been running since 12 Year, 2 Months with a paid up capital of 3.55 Cr. According to MCA records, 5 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    payswiff.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74120TG2012PTC084551

  • Company No.

    084551

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Dec 2012

  • Date of AGM

    20 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

What products or services does Payswiff Solutions Private Limited offer?

Payswiff Solutions Private Limited offers a wide range of products and services, including Biometrics & Access Control Devices, POS Machine, Telecommunication Equipment & Parts, Automated Teller Machines, Billing Machines, Card Swipe Machine, Payswiff Card Swipe Machine, Card Readers, Magnetic Card Readers.

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

Board Members (5)

NameDesignationAppointment DateStatus
Prabhuram Radhakrishnan Country flag representing In Director 13-Aug-2015Current
Arun Venkatachalam Country flag representing In Director 11-Mar-2022Current
Arulselvan Dharmalingam Country flag representing In Director 11-Mar-2022Current
Priti Shah Country flag representing In Director 10-Mar-2014Current
Ravindra Kundu Country flag representing In Director 11-Mar-2022Current

Financial Performance of Payswiff Solutions.

Payswiff Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 39.63% increase. The company also saw a substantial fall in profitability, with a 1399.56% decrease in profit. The company's net worth observed a substantial decline by a decrease of 52.69%.

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
39.63%
Revenue from Operations
39.46%
Total Assets
45.28%
Profit or Loss
-1399.56%
Net Worth
-52.69%
EBITDA
-138.20%

What is the Ownership and Shareholding Structure of Payswiff Solutions?

In 2022, Payswiff Solutions had a promoter holding of 100.00%. 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

₹24.23 Cr

Charges Breakdown by Lending Institutions

  • Others : 19.23 Cr
  • Axis Bank Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Nov 2021Others₹5.00 CrSatisfied
17 Aug 2021Axis Bank Limited₹5.00 CrSatisfied
10 Jun 2021Others₹3.00 CrSatisfied
17 Sep 2020Others₹7.50 MSatisfied
28 Aug 2020Others₹1.25 CrSatisfied

How Many Employees Work at Payswiff Solutions?

Payswiff Solutions has a workforce of 385 employees as of Apr 08, 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 Payswiff 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 Payswiff 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 Payswiff Solutions

Recent activity within the organization

  • Annual General Meeting

    Payswiff Solutions Private Limited last Annual general meeting of members was held on 20 Sep 2022 as per latest MCA records.

    20 Sep 2022

  • Charges

    A charge registered on 18 Nov 2021 via Charge ID 100530090 with Others was fully satisfied on 10 May 2022.

    10 May 2022

  • Balance Sheet

    Payswiff Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad.

    31 Mar 2022

  • Director Appointment

    Arulselvan Dharmalingam was appointed as a Director was appointed as a Director on 11 Mar 2022 & has been associated with this company since 2 years 11 months .

    11 Mar 2022

  • Director Appointment

    Ravindra Kumar Kundu was appointed as a Director was appointed as a Director on 11 Mar 2022 & has been associated with this company since 2 years 11 months .

    11 Mar 2022

  • Director Appointment

    Arun Venkatachalam was appointed as a Director was appointed as a Director on 11 Mar 2022 & has been associated with this company since 2 years 11 months .

    11 Mar 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Payswiff Solutions Private Limited was incorporated on 03 Dec 2012.

  • The authorized share capital of Payswiff Solutions Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.55 Cr.

  • Currently 5 directors are associated with Payswiff Solutions Private Limited.

    • Arulselvan Dharmalingam
    • Prabhuram Radhakrishnan
    • Priti Maulik Shah
    • Ravindra Kumar Kundu
    • Arun Venkatachalam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Payswiff Solutions Private Limited is 2-48/5/6 Vaishnavi'S Cynosure 10Th Floor Opp. Rttc Telecom Nagar Extn, Gachibowl I India, Hyderabad, Telangana, 500032.

  • The corporate identification number (CIN) of Payswiff Solutions Private Limited is U74120TG2012PTC084551 and the company number is 084551 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Payswiff Solutions Private Limited is https://www.payswiff.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Payswiff Solutions Private Limited has risen by 39.63%.

  • As Per 2022 financial reports, 385 employees are currently employed by Payswiff Solutions Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Payswiff Solutions Private Limited has experienced an downturn of -52.69%.

  • The most recent Balance Sheet for Payswiff Solutions Private Limited was filed with the ROC on 31 Mar 2022.

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