Paymart India Private Limited - Due diligence report

A 360° intelligence report on Paymart India: trust score, financial health, credit view, compliance, directors, growth and distress signals …

2015-10-14 Chandigarh, Chandigarh Active Unlisted Active Compliant
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Paymart India — 360° Intelligence Report

Generated from MCA filings & public records
86/100
Trust Score
Low Risk

Paymart India is assessed as Low Risk with a Trust Score of 86/100. Paymart India is an active private limited indian non-government company incorporated in 2015, operating in the Financial Services sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.

Report generated on 29 Jul 2026 from the latest processed filings. Paymart India Private Limited snapshot & full profile →

Financial Health › Good
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
86/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
60/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
55/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 50/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.

Charges position: 0 open (-) · 1 satisfied (25.00 Lakh).

Banking relationships (from registered charges)
LenderChargesAmount
Idbi Bank Limited1 48.0 cr
Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 2 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
AMIT NARANG 01234567 Director 01/04/2018 6 yrs Approved
GIRISH CHANDRA PANDE 01234567 Director 01/04/2018 6 yrs Approved
JYOTI NARANG 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2022)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2022 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
1
Group entities
1
Capital events
24 allotment(s) · 0 transfer(s)

Promoters hold a majority stake - exact percentages are part of the full report.

Group entityRelationship% held
Azal Consultancy Services Private Limited Subsidiary Company 74.00%

Key managerial personnel: AMIT NARANG (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 55 · Distress 75
Growth signals & trust indicators
Latest year revenue grew 38%.
EPFO headcount growing - hiring signal.
Operating for 10+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence88/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment66/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view64/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 2 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
30 Nov 2022
Securities allotted
9450 Equity Shares - 29.30 Lakh raised
Director appointed
GIRISH CHANDRA PANDE (Director)
03 Oct 2022
Securities allotted
41289 Equity Shares - 81.75 Lakh raised
04 Aug 2022
Charge satisfied
Idbi Bank Limited
12 Jul 2022
Securities allotted
12625 Equity Shares - 25.00 Lakh raised
28 May 2022
Securities allotted
32825 Equity Shares - 64.99 Lakh raised
31 Mar 2022
Securities allotted
773 Equity Shares - 1.53 Lakh raised
09 Dec 2021
Securities allotted
41887 Equity Shares - 82.94 Lakh raised
23 Aug 2021
Securities allotted
122450 Equity Shares - 1.20 cr raised
26 Jul 2021
Securities allotted
988 Equity Shares - 96,824.00 raised
20 May 2021
Securities allotted
6029 Equity Shares - 5.91 Lakh raised
19 Apr 2021
Securities allotted
39591 Equity Shares - 38.80 Lakh raised
20 Feb 2021
Securities allotted
3060 Equity Shares - 3.00 Lakh raised
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); board looks stable and experienced.
2 active GST registration(s) indicate ongoing business operations.
All 1 registered charge(s) stand satisfied - past borrowings repaid.
Operates a group structure with 1 subsidiary(ies) - assess on a consolidated basis.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2022 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 24 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Richa Financiers Pvt. Ltd. U65993WB1987PTC041955 Kolkata, West Bengal, India
Chiranji Lal & Sons Pvt Ltd U45201WB1978PTC031370 Kolkata, West Bengal, India
Daynm Chit Fund Private Limited. U65992HR1998PTC033912 Gurugram, Haryana, India
Safesec Securities And Finance Private Limited U74899DL1995PTC066199 New Delhi, Delhi, India
Merisis Wealth Private Limited U52392MH2005PTC376253 Bandra, Maharashtra, India
Hemkanak Exim Private Limited U46100MH1997PTC105002 Mumbai, Maharashtra, India
Manuelsons Enterprises Private Limited U68100KL1995PTC009610 Ernakulam, Kerala, India
Sahara Forex Private Limited U67100TN2011PTC080708 Chennai, Tamil Nadu, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Paymart India before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Paymart India: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 55/100, margin trends, ownership structure and peer set for Paymart India - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 86/100, distress signals and MSME payment-delay disclosures - know whether Paymart India pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Paymart India - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Paymart India an active company?

Paymart India has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Paymart India financially healthy?

Paymart India has a Financial Health Score of 60/100 (Moderate) based on its filed financial statements.

Should I do business with Paymart India?

Its overall Trust Score is 86/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Paymart India?

Promoters hold a majority stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Paymart India have loans or charges against its assets?

No open charges - all 1 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Paymart India up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Paymart India?

Its Credit Risk Score is 50/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.