Paytm Services Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 8 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -29.91%
- Profit Growth -130.00%
- Ebitda -99.20%
- Net Worth -25.09%
- Total Assets -50.26%
About Paytm Services
Paytm Services Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 June 2016 (Eight years and nine months 2 days old ). Its registered office is in Delhi, India.
The Corporate was formerly known as Balance Technology 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 3.00 Cr and a paid-up capital of Rs 3.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Paytm Services Private Limited India are Varun Sridhar as CEO and Geetika Sharma as Company Secretary. Arjun Vaidyanathan, Ripunjai Gaur, and Srinivas Yanamandra serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U74110DL2016PTC409595
- Company No.
094535
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Jun 2016
- Date of AGM
09 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Financial Services
Who are the key members and board of directors at Paytm Services?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Varun Sridhar | CEO | 14-May-2024 | Current |
| Geetika Sharma | Company Secretary | 05-Aug-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arjun Vaidyanathan  | Director | 13-Jun-2024 | Current |
| Ripunjai Gaur | Director | 05-Aug-2024 | Current |
| Srinivas Yanamandra | Director | Current |
Financial Performance of Paytm Services.
Paytm Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.91% decrease. The company also saw a substantial fall in profitability, with a 130% decrease in profit. The company's net worth observed a substantial decline by a decrease of 25.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Paytm Services?
In 2023, Paytm Services 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)
Paytm Money LimitedArjun Vaidyanathan and Srinivas Yanamandra are mutual person
Paytm Insurance Broking Private LimitedSrinivas Yanamandra is a mutual person
Paytm Payments Services LimitedSrinivas Yanamandra is a mutual person
- Paytm Financial Services Limited
Arjun Vaidyanathan is a mutual person
- Paytm Wholesale Commerce Private Limited
Srinivas Yanamandra is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Paytm Services?
Paytm Services has a workforce of 28452 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 Paytm Services, 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 Paytm Services'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 Paytm Services
Recent activity within the organization
- Annual General Meeting
Paytm Services Private Limited last Annual general meeting of members was held on 09 Sep 2024 as per latest MCA records.
- Director Appointment
Ripunjai Gaur was appointed as a Director was appointed as a Director on 05 Aug 2024 & has been associated with this company since 7 months 25 days .
- Director Appointment
Geetika Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 05 Aug 2024 & has been associated with this company since 7 months 25 days .
- Director Appointment
Arjun Vaidyanathan was appointed as a Director was appointed as a Director on 13 Jun 2024 & has been associated with this company since 9 months 17 days .
- Director Appointment
Varun Sridhar was appointed as a Ceo was appointed as a Ceo on 14 May 2024 & has been associated with this company since 10 months 16 days .
- Balance Sheet
Paytm Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Recent News, Updates & Announcement
- NPCI Grants Approval to Paytm's Parent to Participate in UPI as a Third-party Application Provider (TPAP).
National Payments Corporation of India (NPCI), on Thursday, said in a press release that it has granted approval to One97 Communications Lim....
- Paytm Payments Bank to cut about 20% of staff as business halt looms.
Paytm, formally known as One 97 Communications, owns a 49% stake in the bank which was ordered by the Reserve Bank of India (RBI) at the end of January to stop accepting credit transactions or deposits across products such as savings accounts, prepaid cards and digital wallets by March 15, following persistent compliance breaches..
Frequently asked questions
What is the Incorporation or founding date of Paytm Services Private Limited?
Paytm Services Private Limited was incorporated on 28 Jun 2016.
What is authorized share capital and paid-up capital of Paytm Services Private Limited?
The authorized share capital of Paytm Services Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.
Who are the current board members & directors of Paytm Services Private Limited?
Currently 5 directors are associated with Paytm Services Private Limited.
- Arjun Vaidyanathan
- Ripunjai Gaur
- Srinivas Yanamandra
- Varun Sridhar
- Geetika Sharma
What is the registered address of Paytm Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Paytm Services Private Limited is 136 First Floor, Devika Tower Nehru Place India, New Delhi, 110019.
What is the corporate identification number (CIN) and company number of Paytm Services Private Limited?
The corporate identification number (CIN) of Paytm Services Private Limited is U74110DL2016PTC409595 and the company number is 094535 as per Ministry of Corporate Affairs (MCA).
What is the official website of Paytm Services Private Limited?
The Official website of Paytm Services Private Limited is https://www.paytm.com
What has been the recent revenue trend for Paytm Services Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Paytm Services Private Limited has fallen by -29.91%.
How many employees does Paytm Services Private Limited currently have?
As Per 2023 financial reports, 28452 employees are currently employed by Paytm Services Private Limited.
What change has been observed in the net worth of Paytm Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Paytm Services Private Limited has experienced an downturn of -25.09%.
When was the last Balance Sheet of Paytm Services Private Limited filed with the ROC?
The most recent Balance Sheet for Paytm Services Private Limited was filed with the ROC on 31 Mar 2024.
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