Payvance Innovation Private Limited - Company overview

Payvance Innovation Private Limited was incorporated on 20 February 2014 and is registered with ROC Mumbai.

2014-02-20 Thane, 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
₹1–5 Cr
▲ 40.3%
FY 2023
PROFIT / LOSS
₹10–50 Lakh
▲ 456.7%
FY 2023
EBITDA
₹10–50 Lakh
▲ 542.8%
FY 2023
NET WORTH
₹50 Lakh–1 Cr
▼ -14.8%
FY 2023
TOTAL ASSETS
₹50 Lakh–1 Cr
▼ -12.5%
FY 2023
OPEN CHARGES
-
-
PAID-UP CAPITAL
25.00 Lakh
AUTHORISED CAPITAL
1.00 cr
COMPANY AGE
12 Years 7 Months
since 2014-02-20
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
1
Updated: 2025-01-02 22:10:34
SATISFIED CHARGES
-
-

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

Health scores for Payvance Innovation Private Limited 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 Low risk
88/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (88), financial health (90), director (85) and company-foundation signals.
  • Operating for 12+ 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 Low risk
90/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
85/100
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 Payvance Innovation Private Limited Company identity, industry, contact, and registration details from MCA and company records.

Payvance Innovation Private Limited was incorporated on 20 February 2014 and is registered with ROC Mumbai. It is an active private limited company, now about 12 years old. Its registered office is at Office No. 112, 1St Floor, Centrum Business Square, Thane, Maharashtra.

Its filings describe the main line of business as publishing of computer operating systems, system software, application software, games, etc, which made up 100% of turnover.

Its two current directors - Shrinivas Patil and Srikanthgouda Patil - were all appointed on 12 December 2025. Five former directors are on record; the most recent to leave was Niranjan Eknath Parelkar in February 2024.

Paid-up capital stands at ₹25 lakh out of ₹1 crore authorised. 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 •••••••• Information Technology ••••••••
  • Location Office No. 112, 1St Floor, Centrum Business Square,, Thane, Maharashtra - 400604
  • Website siltech.co.in
Legal NamePayvance Innovation Private Limited
CIN / LLPINU72200MH2014PTC253445
Company No.253445
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2014-02-20
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 Payvance Innovation Private Limited (2) Current board members from MCA filings, including designation and appointment details.

S
Shrinivas Patil
Additional Director | Since 2025-12-12 | DIN: 09288999
S
Srikanthgouda Patil
Additional Director | Since 2025-12-12 | DIN: 10500357

Financial Performance of Payvance Innovation Private Limited Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹1–5 Cr ▲ 40.3%
P&L ₹10–50 Lakh ▲ 456.7%
EBITDA ₹10–50 Lakh ▲ 542.8%
Net worth ₹50 Lakh–1 Cr ▼ -14.8%

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

Activity GroupDescriptionTurnover %
Information and communicationPublishing of computer operating systems, system software, application software, games, etc.100

Financial Ratios of Payvance Innovation Private Limited Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Payvance Innovation Private Limited 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 Payvance Innovation Private Limited 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 Payvance Innovation Private Limited 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 Payvance Innovation Private Limited 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 Payvance Innovation Private Limited Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Payvance Innovation Private Limited?
MCA does not publish an "owner" field. Payvance Innovation Private Limited is run by its directors, Shrinivas Patil and Srikanthgouda Patil. 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 Payvance Innovation Private Limited?
Payvance Innovation Private Limited has two current directors: Shrinivas Patil (since December 2025) and Srikanthgouda Patil (since December 2025).
What is CIN of Payvance Innovation Private Limited?
The CIN of Payvance Innovation Private Limited is U72200MH2014PTC253445. Reading it left to right: U means it is not listed, 72200 is the industry code it registered under, MH is Maharashtra, 2014 is the year it was registered, PTC is the company type and 253445 is its registration number.
When was Payvance Innovation Private Limited incorporated?
Payvance Innovation Private Limited was incorporated on 20 February 2014 with ROC Mumbai. That makes it about 12 years old.
What is the registered address of Payvance Innovation Private Limited?
The registered office on MCA records is Office No. 112, 1St Floor, Centrum Business Square, Thane, Maharashtra - 400604.
What is the current status of Payvance Innovation Private Limited?
MCA shows Payvance Innovation Private Limited as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Payvance Innovation Private Limited?
You can post to its registered office at Office No. 112, 1St Floor, Centrum Business Square, Thane, Maharashtra - 400604 and use its website, https://siltech.co.in.
What industry or business activity is Payvance Innovation Private Limited associated with?
Its MCA filings list the main business as publishing of computer operating systems, system software, application software, games, etc (100% of turnover).
What is paid-up capital and authorised share capital of Payvance Innovation Private Limited?
Paid-up capital is ₹25 lakh and authorised capital is ₹1 crore, so about 25% of the authorised amount has been issued.
When did Payvance Innovation Private Limited 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 Payvance Innovation Private Limited?
MCA shows no charges registered against Payvance Innovation Private Limited, so no assets are pledged for a registered secured loan.
Have any directors left Payvance Innovation Private Limited?
Yes, five former directors are on record. The most recent to leave were Niranjan Eknath Parelkar (February 2024), Devdatta Mahadeo Chandgadkar (December 2015) and Shashikant Keshav Sakhalkar (February 2015).
What is the turnover or revenue of Payvance Innovation Private Limited?
Based on filed financial statements, the revenue of Payvance Innovation Private Limited for FY 2023 was in the ₹1–5 Cr range. That is up 40.3% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Payvance Innovation Private Limited?
For FY 2023, the net worth of Payvance Innovation Private Limited was in the ₹50 Lakh–1 Cr range.
How can I get the financial details of Payvance Innovation Private Limited?
The latest accounts on record are for FY 2023. 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 Payvance Innovation Private Limited?
The website on record for Payvance Innovation Private Limited is https://siltech.co.in.
Which company owns siltech.co.in?
siltech.co.in is the website listed for Payvance Innovation Private Limited in its company records.
Payvance Innovation Private Limited - is it listed or unlisted?
Payvance Innovation Private Limited 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 Payvance Innovation Private Limited?
Payvance Innovation Private Limited is registered with ROC Mumbai.
What is the company classification of Payvance Innovation Private Limited?
MCA classifies Payvance Innovation Private Limited as: Private Limited Indian Non-Government Company.
Does Payvance Innovation Private Limited have GST registrations on file?
Yes, one active GST registration is linked to Payvance Innovation Private Limited.

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.