Frictionfree Solutions Private Limited - Company overview

Paytonic is an active private limited company registered with ROC Mumbai on 12 October 2015, about 11 years ago.

2015-10-12 Mumbai, Maharashtra Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹10–50 Lakh
▼ -3.2%
FY 2026
PROFIT / LOSS
Loss · ₹10–50 Lakh
▼ -3673.5%
FY 2026
EBITDA
Loss · ₹10–50 Lakh
▼ -3612.8%
FY 2026
NET WORTH
Loss · ₹1–5 Cr
▼ -14.4%
FY 2026
TOTAL ASSETS
₹10–50 Lakh
▲ 61.9%
FY 2026
OPEN CHARGES
-
-
PAID-UP CAPITAL
4.75 Lakh
AUTHORISED CAPITAL
50.00 Lakh
COMPANY AGE
11 Years 0 Months
since 2015-10-12
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
1
Updated: 2023-02-23 14:12:55
TOTAL MONEY RAISED
₹1–10 Lakh
SATISFIED CHARGES
-
-

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Paytonic covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
64/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (88), financial health (5), director (90) and company-foundation signals.
  • Operating for 11+ years.
Compliance Score Low risk
88/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score High risk
5/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2026.
  • Negative net worth - capital eroded by losses.
Director Risk Score Low risk
90/100
Board strength, DIN status and churn.
  • 2 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Paytonic Company identity, industry, contact, and registration details from MCA and company records.

Paytonic is an active private limited company registered with ROC Mumbai on 12 October 2015, about 11 years ago. Its registered office is in Mumbai, Maharashtra.

Its filings describe the main line of business as other information & communication service activities, which made up 100% of turnover.

It has two directors: Ashish Mahendra Parikh and Amit Arvind Badiyani. The longest-serving is Amit Arvind Badiyani, on the board since 2015; the most recent to join is Ashish Mahendra Parikh, appointed in April 2020. One former director, Mahabanoo Jehangir Contractor, left in October 2024. Between them, the directors also sit on the boards of 10 other companies, including Harihar Buildspace Private Limited and Harihar Infrastructure Development Corporation Limited.

Paid-up capital is ₹4.75 lakh against an authorised ₹50 lakh, so most of the authorised capital has not been issued yet. The last AGM on record was on 30 September 2025, for accounts made up to 31 March 2025. No charges (secured loans) are registered against it.

Financial Services ••••••••
  • Location Floor 4, Plot-231,Commissariat Building, Dadabhai Nawroji Road, Handloom House, F, Mumbai, Maharashtra - 400001
  • Website paytonic.com
Legal NameFrictionfree Solutions Private Limited
CIN / LLPINU72200MH2015PTC269096
Company No.269096
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2015-10-12
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Paytonic (2) Current board members from MCA filings, including designation and appointment details.

A
Director | Since 2020-04-23 | DIN: 00605093
A
Director | Since 2015-10-12 | DIN: 00204884

Financial Performance of Paytonic Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2026
Revenue ₹10–50 Lakh ▼ -3.2%
P&L Loss · ₹10–50 Lakh ▼ -3673.5%
EBITDA Loss · ₹10–50 Lakh ▼ -3612.8%
Net worth Loss · ₹1–5 Cr ▼ -14.4%

Exact figures and labelled charts require an active report plan.

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Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Information and communicationOther information & communication service activities100

Companies With Common Directors Of Paytonic Other companies that share directors with this entity, based on MCA and compliance network data.

Financial Ratios of Paytonic Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

11 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Paytonic Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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GST Compliance of Paytonic GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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MSME Payment Delays by Paytonic MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Paytonic Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

MCA filings and documents require an active report plan.

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Frequently Asked Questions about Paytonic Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Paytonic?
MCA does not publish an "owner" field. Paytonic is run by its directors, Ashish Mahendra Parikh and Amit Arvind Badiyani. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Paytonic?
Paytonic has two current directors: Ashish Mahendra Parikh (since April 2020) and Amit Arvind Badiyani (since October 2015).
What is CIN of Paytonic?
The CIN of Paytonic is U72200MH2015PTC269096. Reading it left to right: U means it is not listed, 72200 is the industry code it registered under, MH is Maharashtra, 2015 is the year it was registered, PTC is the company type and 269096 is its registration number.
When was Paytonic incorporated?
Paytonic was incorporated on 12 October 2015 with ROC Mumbai. That makes it about 11 years old.
What is the registered address of Paytonic?
The registered office on MCA records is Floor 4, Plot-231, Commissariat Building, Dadabhai Nawroji Road, Handloom House, F, Mumbai, Maharashtra - 400001.
What is the current status of Paytonic?
MCA shows Paytonic as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Paytonic?
You can post to its registered office at Floor 4, Plot-231, Commissariat Building, Dadabhai Nawroji Road, Handloom House, F, Mumbai, Maharashtra - 400001 and use its website, https://paytonic.com.
What industry or business activity is Paytonic associated with?
Its MCA filings list the main business as other information & communication service activities (100% of turnover).
What is paid-up capital and authorised share capital of Paytonic?
Paid-up capital is ₹4.75 lakh and authorised capital is ₹50 lakh, so about 10% of the authorised amount has been issued.
When did Paytonic last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Paytonic?
MCA shows no charges registered against Paytonic, so no assets are pledged for a registered secured loan.
Have any directors left Paytonic?
Yes, one former director is on record. Mahabanoo Jehangir Contractor (October 2024) left.
Which companies share directors with Paytonic?
10 companies share directors with Paytonic. Among them are Harihar Buildspace Private Limited, Harihar Infrastructure Development Corporation Limited, Harrier Information Systems Private Limited and 7 more.
What is the turnover or revenue of Paytonic?
Based on filed financial statements, the revenue of Paytonic for FY 2026 was in the ₹10–50 Lakh range. That is down 3.2% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Paytonic?
For FY 2026, the net worth of Paytonic was negative, in the ₹1–5 Cr range.
How can I get the financial details of Paytonic?
The latest accounts on record are for FY 2026. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Paytonic?
The website on record for Paytonic is https://paytonic.com.
Which company owns paytonic.com?
paytonic.com is the website listed for Frictionfree Solutions Private Limited in its company records.
Paytonic - is it listed or unlisted?
Paytonic is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Paytonic?
Paytonic is registered with ROC Mumbai.
What is the company classification of Paytonic?
MCA classifies Paytonic as: Private Limited Indian Non-Government Company.
Does Paytonic have GST registrations on file?
Yes, one active GST registration is linked to Paytonic.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.