Payzigo Fintech Private Limited

Provides digital payment solutions including AEPS, micro-ATM, and bill payment services.

2021 | Hyderabad, Telangana (India) | Active
Last Updated: December 25, 2024

Payzigo Fintech Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 3 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.09 Cr
  • Revenue Growth 192.84%
  • Profit Growth 2599.41%
  • Ebitda 1345.32%
  • Net Worth 446.19%
  • Total Assets 170.45%

About Payzigo Fintech

Payzigo Fintech Private Limited (PFPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 May 2021 (Three years and nine months 3 days old ). Its registered office is in Hyderabad, Telangana, India.

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 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹3.09 Cr.

Ravikanth Pynda and Pynda Rao serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    payzigo.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67190TG2021PTC151313

  • Company No.

    151313

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 May 2021

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Payzigo Fintech?

Executive Team (1)

Name Designation Appointment Date Status
Ravikanth Pynda Country flag representing In Managing Director 11-May-2021 Current

Board Members (1)

Name Designation Appointment Date Status
Pynda Rao Country flag representing In Director 11-May-2021 Current

Financial Performance of Payzigo Fintech.

Payzigo Fintech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 192.84% increase. The company also saw a substantial improvement in profitability, with a 2599.41% increase in profit. The company's net worth Soared by an impressive increase of 446.19%.

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
192.84%
Revenue from Operations
192.84%
Total Assets
170.45%
Profit or Loss
2599.41%
Net Worth
446.19%
EBITDA
1345.32%

What is the Ownership and Shareholding Structure of Payzigo Fintech?

Unlock access to Payzigo Fintech's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.95 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 3.09 Cr

Latest Charge Details

Date Lender Amount Status
20 Jan 2024 Others ₹2.02 Cr Open
20 Jun 2023 Others ₹1.22 M Open
30 Nov 2022 Others ₹9.50 M Open

How Many Employees Work at Payzigo Fintech?

Payzigo Fintech has a workforce of 92 employees as of Mar 29, 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 Payzigo Fintech, 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 Payzigo Fintech'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 Payzigo Fintech

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 20.22 M with Charge ID 100856418 was registered on 20 Jan 2024.

    20 Jan 2024

  • Annual General Meeting

    Payzigo Fintech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 1.22 M with Charge ID 100750961 was registered on 20 Jun 2023.

    20 Jun 2023

  • Balance Sheet

    Payzigo Fintech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 9.50 M with Charge ID 100681018 was registered on 30 Nov 2022.

    30 Nov 2022

  • Director Appointment

    Ravikanth Pynda was appointed as a Managing Director was appointed as a Managing Director on 11 May 2021 & has been associated with this company since 3 years 9 months .

    11 May 2021

Frequently asked questions

  • Payzigo Fintech Private Limited was incorporated on 11 May 2021.

  • The authorized share capital of Payzigo Fintech Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Payzigo Fintech Private Limited.

    • Ravikanth Pynda
    • Pynda Kameswara Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Payzigo Fintech Private Limited is 2-1-464/463 Flat No.401 Royal Villa Nallakunta India, Hyderabad, Telangana, 500044.

  • The corporate identification number (CIN) of Payzigo Fintech Private Limited is U67190TG2021PTC151313 and the company number is 151313 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Payzigo Fintech Private Limited is https://www.payzigo.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Payzigo Fintech Private Limited has risen by 192.84%.

  • As Per 2023 financial reports, 92 employees are currently employed by Payzigo Fintech Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Payzigo Fintech Private Limited has experienced an upsurge of 446.19%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Payzigo Fintech Private Limited amount to ₹ 3.09 Cr.

  • The most recent Balance Sheet for Payzigo Fintech Private Limited was filed with the ROC on 31 Mar 2023.