Payvance Innovation Private Limited - Company overview

Payvance Innovation Private Limited is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U72200MH2014PT…

2014-02-20 Thane, Maharashtra Active Unlisted Active Compliant
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Key Metrics

AUTHORISED CAPITAL
1.00 cr
PAID-UP CAPITAL
25.00 Lakh
COMPANY AGE
12 Years 2 Months
since 2014-02-20
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
OPEN CHARGES
-
-
SATISFIED CHARGES
-
-
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
1
Updated: 2025-01-02 22:10:34

About Payvance Innovation Private Limited

Payvance Innovation Private Limited is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U72200MH2014PTC253445). Business overview includes Financial Services (Digital Payment Solutions), incorporated on February 20, 2014 (12+ years old), headquartered in Thane, Maharashtra, India. The company is currently Active with Active Compliant compliance status. For FY 2023, the company reported revenue of ₹2.08 Cr with a profit of ₹27.57 Lakh. It has 2 active directors.

Digital Payment Solutions IT Consulting & Support Services
  • Location Office No. 112, 1St Floor, Centrum Business Square,, Thane, Maharashtra - 400604
  • Website siltech.co.in
CIN / LLPINU72200MH2014PTC253445
Company No.253445
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2014-02-20
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Payvance Innovation Private Limited

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

Revenue P/L EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (2)

A
Additional Director | Since 2024-12-26
P
Additional Director | Since 2025-03-03

Business Activity

Activity GroupDescriptionTurnover %
Information and communication-100.00

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Payvance Innovation Private Limited
What is CIN of Payvance Innovation Private Limited?
The Corporate Identification Number (CIN) for Payvance Innovation Private Limited is U72200MH2014PTC253445. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 253445 as per MCA.
When was Payvance Innovation Private Limited incorporated?
Payvance Innovation Private Limited was incorporated 12 years 2 months ago on 20 Feb 2014.
What is paid-up capital and authorised share capital of Payvance Innovation Private Limited?
The paid-up capital of Payvance Innovation Private Limited is ₹ 2,500,000.00 and authorised share capital is ₹ 10,000,000.00.
Who are the current board members and directors of Payvance Innovation Private Limited?
Currently 2 directors are associated with Payvance Innovation Private Limited: Abhijit Girish Pradhan, Paresh Prabhakar Hiwanj.
  • Abhijit Girish Pradhan
  • Paresh Prabhakar Hiwanj
What is the registered address of Payvance Innovation Private Limited?
As per Ministry of Corporate Affairs (MCA), the registered address of Payvance Innovation Private Limited is Office No. 112, 1St Floor, Centrum Business Square,, Road No. 16 Wagale Estate, Panchapakhadi, Thane, Maharashtra, 400604, India.
What is the official website of Payvance Innovation Private Limited?
The official website of Payvance Innovation Private Limited is https://siltech.co.in.
What is the ROC code of Payvance Innovation Private Limited?
Payvance Innovation Private Limited ROC code is Roc Mumbai.
What is the company classification of Payvance Innovation Private Limited?
Payvance Innovation Private Limited is classified as Private Limited Indian Non-Government Company.
Payvance Innovation Private Limited - is it listed or unlisted?
Payvance Innovation Private Limited is a Unlisted company.
What is the current status of Payvance Innovation Private Limited?
Payvance Innovation Private Limited is currently Active and registered in Thane, Maharashtra, India.
What industry or business activity is Payvance Innovation Private Limited associated with?
Payvance Innovation Private Limited lists activity aligned with: Financial Services - Digital Payment Solutions - Information and communication. See the Overview and Competition sections for fuller industry context.
Does Payvance Innovation Private Limited have GST registrations on file?
Payvance Innovation Private Limited shows 1 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
How do I contact Payvance Innovation Private Limited?
Use the official website at https://siltech.co.in and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Payvance Innovation Private Limited?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Payvance Innovation Private Limited?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Payvance Innovation Private Limited (last filed snapshot)?
As per the latest financial snapshot on file for FY 2023, net worth is about ₹ 57.00 Lakh. Verify figures on the Financial tab and supporting filings.