Payswiff Technologies Profile
Key Indicators
- Authorised Capital ₹ 10.01 Cr
- Paid Up Capital ₹ 3.77 Cr
- Company Age 11 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 100.41 Cr
- Revenue Growth -2.18%
- Profit Growth 79.04%
- Ebitda 50.70%
- Net Worth -13.93%
- Total Assets -15.11%
About Payswiff Technologies
Payswiff Technologies Private Limited (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 August 2013 and has a history of 11 years and six months. Its registered office is in Rangareddy, Telangana, India.
The Corporate was formerly known as Paynear Technologies 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 10.01 Cr and a paid-up capital of Rs 3.77 Cr.
The company currently has active open charges totaling ₹100.41 Cr.
Arulselvan Dharmalingam, Abhay Raosaheb, Prabhuram Radhakrishnan, and Two other members serve as directors at the Company.
Company Details
- Location
Rangareddy, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U74900TG2013PTC089686
- Company No.
089686
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Aug 2013
- Date of AGM
24 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Financial Services
What products or services does Payswiff Technologies Private Limited offer?
Payswiff Technologies Private Limited offers a wide range of products and services, including Biometrics & Access Control Devices, Billing Machines, POS Machine.
Who are the key members and board of directors at Payswiff Technologies?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prabhuram Radhakrishnan  | Managing Director | 15-Apr-2015 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arun Venkatachalam | Director | 11-Mar-2022 | Current |
| Abhay Raosaheb | Director | 05-Mar-2017 | Current |
| Arulselvan Dharmalingam | Director | 11-Mar-2022 | Current |
| Ravindra Kundu | Director | 11-Mar-2022 | Current |
Financial Performance of Payswiff Technologies.
Payswiff Technologies Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.18% decrease. The company also saw a substantial improvement in profitability, with a 79.04% increase in profit. The company's net worth observed a substantial decline by a decrease of 13.93%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Payswiff Technologies?
In 2023, Payswiff Technologies had a promoter holding of 25.20% and a public holding of 74.80%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Rapidue Technologies Private LimitedAbhay Raosaheb is a mutual person
Shanthi Gears LimitedArun Venkatachalam is a mutual person
Zaggle Prepaid Ocean Services LimitedAbhay Raosaheb is a mutual person
Cholamandalam Investment And Finance Company LimitedRavindra Kundu is a mutual person
Cholamandalam Home Finance LimitedArulselvan Dharmalingam and Ravindra Kundu are mutual person
- Cholamandalam Securities Limited
Ravindra Kundu is a mutual person
Charges (Loans)
Open Charges
₹100.41 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 50.20 Cr
- Hdfc Bank Limited : 50.00 Cr
- Others : 0.21 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Nov 2022 | Axis Bank Limited | ₹5.00 Cr | Open |
| 07 Oct 2022 | Axis Bank Limited | ₹45.00 Cr | Open |
| 15 Jun 2022 | Axis Bank Limited | ₹2.00 M | Open |
| 11 Apr 2022 | Hdfc Bank Limited | ₹50.00 Cr | Open |
| 04 Oct 2017 | Others | ₹2.06 M | Open |
How Many Employees Work at Payswiff Technologies?
Payswiff Technologies has a workforce of 204 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 Payswiff Technologies, 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 Technologies'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 Payswiff Technologies
Recent activity within the organization
- Annual General Meeting
Payswiff Technologies Private Limited last Annual general meeting of members was held on 24 Jul 2024 as per latest MCA records.
- Balance Sheet
Payswiff Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100644864 was registered on 04 Nov 2022.
- Charges
A charge with Axis Bank Limited amounted to Rs. 45.00 Cr with Charge ID 100621867 was registered on 07 Oct 2022.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100581416 was registered on 15 Jun 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 Cr with Charge ID 100572268 was registered on 11 Apr 2022.
Recent News, Updates & Announcement
- Payswiff joins hands with PhonePe to push digital payments.
This will allow merchants accept payments through UPI, credit cards, debit cards, PhonePe wallet as well as external wallets. .
Frequently asked questions
What is the Incorporation or founding date of Payswiff Technologies Private Limited?
Payswiff Technologies Private Limited was incorporated on 27 Aug 2013.
What is authorized share capital and paid-up capital of Payswiff Technologies Private Limited?
The authorized share capital of Payswiff Technologies Private Limited is ₹ 10.01 Cr and paid-up capital is ₹ 3.77 Cr.
Who are the current board members & directors of Payswiff Technologies Private Limited?
Currently 5 directors are associated with Payswiff Technologies Private Limited.
- Arulselvan Dharmalingam
- Abhay Deshpande Raosaheb
- Prabhuram Radhakrishnan
- Ravindra Kumar Kundu
- Arun Venkatachalam
What is the registered address of Payswiff Technologies Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Payswiff Technologies Private Limited is 2-48/5/6 Vaishnavi'S Cynosure 10Th Floor Opp. Rttc Telecom Nagar Extn, Gachibowl I India, Hyderabad, Telangana, 500032.
What is the corporate identification number (CIN) and company number of Payswiff Technologies Private Limited?
The corporate identification number (CIN) of Payswiff Technologies Private Limited is U74900TG2013PTC089686 and the company number is 089686 as per Ministry of Corporate Affairs (MCA).
What is the official website of Payswiff Technologies Private Limited?
The Official website of Payswiff Technologies Private Limited is https://www.payswiff.com
What has been the recent revenue trend for Payswiff Technologies Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Payswiff Technologies Private Limited has fallen by -2.18%.
How many employees does Payswiff Technologies Private Limited currently have?
As Per 2023 financial reports, 204 employees are currently employed by Payswiff Technologies Private Limited.
What change has been observed in the net worth of Payswiff Technologies Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Payswiff Technologies Private Limited has experienced an downturn of -13.93%.
What are the total open charges for Payswiff Technologies Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Payswiff Technologies Private Limited amount to ₹ 100.41 Cr.
When was the last Balance Sheet of Payswiff Technologies Private Limited filed with the ROC?
The most recent Balance Sheet for Payswiff Technologies Private Limited was filed with the ROC on 31 Mar 2024.
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