Simplepay Solutions Private Limited

Designs and develops digital systems and software for sale and export in India and worldwide.

2020 | Udupi, Karnataka (India) | Active
Last Updated: December 26, 2024

Simplepay Solutions Profile

Key Indicators

  • Authorised Capital ₹ 34.00 Cr
  • Paid Up Capital ₹ 26.57 Cr
  • Company Age 4 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 1365.28%
  • Profit Growth -25.92%
  • Ebitda -45.38%
  • Net Worth 347.83%
  • Total Assets 470.74%

About Simplepay Solutions

Simplepay Solutions Private Limited (SSPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 July 2020 (Four years and six months 28 days old ). Its registered office is in Udupi, Karnataka, India.

The Company is engaged in the Information Technology 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 34.00 Cr and a paid-up capital of Rs 26.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Belavinakodige Subramanya and Baikadi Narahari serve as directors at the Company.

Company Details

  • Location

    Udupi, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74994KA2020PTC136574

  • Company No.

    136574

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jul 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

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

Board Members (2)

NameDesignationAppointment DateStatus
Belavinakodige Subramanya Country flag representing In Director 28-Jul-2020Current
Baikadi Narahari Country flag representing In Director 28-Jul-2020Current

Financial Performance of Simplepay Solutions.

Simplepay Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1365.28% increase. The company also saw a substantial fall in profitability, with a 25.92% decrease in profit. The company's net worth Soared by an impressive increase of 347.83%.

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
1365.28%
Revenue from Operations
Total Assets
470.74%
Profit or Loss
-25.92%
Net Worth
347.83%
EBITDA
-45.38%

What is the Ownership and Shareholding Structure of Simplepay Solutions?

In 2023, Simplepay Solutions had a promoter holding of 9.29% and a public holding of 90.72%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Simplepay Solutions?

Simplepay Solutions has a workforce of 0 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Simplepay 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 Simplepay 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 Simplepay Solutions

Recent activity within the organization

  • Annual General Meeting

    Simplepay Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Simplepay Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Belavinakodige Madhu Subramanya was appointed as a Director was appointed as a Director on 28 Jul 2020 & has been associated with this company since 4 years 6 months .

    28 Jul 2020

  • Director Appointment

    Baikadi Narahari was appointed as a Director was appointed as a Director on 28 Jul 2020 & has been associated with this company since 4 years 6 months .

    28 Jul 2020

  • Company Incorporation

    Simplepay Solutions Private Limited was registered on 28 Jul 2020 with Roc Bangalore & aged 4 years 6 months as per MCA records.

    28 Jul 2020

Frequently asked questions

  • Simplepay Solutions Private Limited was incorporated on 28 Jul 2020.

  • The authorized share capital of Simplepay Solutions Private Limited is ₹ 34.00 Cr and paid-up capital is ₹ 26.57 Cr.

  • Currently 2 directors are associated with Simplepay Solutions Private Limited.

    • Belavinakodige Madhu Subramanya
    • Baikadi Narahari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Simplepay Solutions Private Limited is Udayavani Building, Manipal India, Udupi, Karnataka, 576104.

  • The corporate identification number (CIN) of Simplepay Solutions Private Limited is U74994KA2020PTC136574 and the company number is 136574 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Simplepay Solutions Private Limited has risen by 1365.28%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Simplepay Solutions Private Limited has experienced an upsurge of 347.83%.

  • The most recent Balance Sheet for Simplepay Solutions Private Limited was filed with the ROC on 31 Mar 2024.