Paymate India Limited is a leading provider of digital payment solutions and services in India. Founded in 2006, Paymate offers a range of payment services for businesses of all sizes, including payment gateway services, mobile payments, and invoicing and collections.
Paymate's payment gateway services enable businesses to accept online payments through various payment modes such as credit cards, debit cards, and net banking. The company's mobile payment solution, Paymate OnTheGo, allows businesses to accept payments on the go using a mobile app. Paymate also offers invoicing and collections services, which help businesses manage their payment collections and receivables efficiently.
With a customer base of over 100,000 businesses across India, Paymate has established itself as a trusted and reliable payment partner. The company is also committed to ensuring the security of its payment solutions, with robust fraud detection and prevention measures in place.
Paymate India Outstanding Shares: |
58,210,612 |
Face Value of Paymate India Unlisted Share: |
Rs. 1 Per Equity Share |
ISIN of Paymate India Unlisted Share: |
INE08J501021 |
Lot Size of Paymate India Unlisted Share: |
100 Shares |
Paymate India Share Price: |
Best in Industry |
PAN Number of Paymate India: |
AAECP0062G |
GST Number of Paymate India: |
27AAECP0062G1ZP |
CIN of Paymate India |
U62090MH2006PLC205023 |
Incorporation Date of Paymate India |
12 May 2006 |
Category/Sub-category of Paymate India |
Limited by Shares/ Non-govt company |
Paymate India Registered office and contact details |
No.111, 1st Floor, 'A' Wing, Sundervilla S.V. Road, Santacruz (West) Mumbai MH 400054 IN |
Paymate India Registrar and Transfer Agent |
Link Intime India Private Limited C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai - 400083 |
|
Name and Description of main products/services |
NIC Code of the product/services |
% to the total turnover of the Company |
|
Other financial service activities, except insurance and pension funding activities |
64991 |
100% |
Ajay Adiseshan, Managing Director
Vishvanathan Subramanian, Whole Time Director & CFO
Sandeep Murthy, Nominee Director
Kevin Phalen, Independent and Non-Executive Director
Ashim Banerjee, Independent and Non-Executive Director
Monica Doshi, Independent and Non-Executive Director
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1. |
Promoter Group |
3,30,29,200 |
56.74% |
|
2. |
Others |
2,51,81,412 |
43.25% |
|
|
Total |
58,210,612 |
100.00% |
The fintech industry is a rapidly growing sector, with a wide range of companies and technologies emerging to disrupt traditional banking and financial services. As such, the industry outlook for Paymate is positive, with significant opportunities for growth and expansion in the years ahead.
One of the key drivers of growth in the fintech industry is the increasing adoption of digital payments. As consumers and businesses become more comfortable with making payments online and through mobile devices, the demand for secure and reliable digital payment solutions is expected to increase.
Another important factor driving growth in the fintech industry is the increasing demand for alternative financing options. With traditional banks becoming more risk-averse and restrictive in their lending practices, many businesses and consumers are turning to fintech companies for innovative financing solutions.
In addition to these trends, the fintech industry is also being shaped by advances in technology, such as blockchain, artificial intelligence, and machine learning. These technologies have the potential to revolutionize the way financial services are delivered, and fintech companies like Paymate are at the forefront of this innovation.
Q. What
is the face value of Paymate India Ltd shares?
Answer: The face value of Paymate India Ltd shares is ₹1 per equity
share.
Q. What
is the ISIN of Paymate India Ltd shares?
Answer: The ISIN of Paymate India Ltd is INE08J501021.
Q. What
is the minimum lot size for buying Paymate India shares through WWIPL?
Answer: The minimum lot size is 100 shares, subject to market
availability.
Q. How
can I buy Paymate India shares through WWIPL?
Answer: Investors can place an order through WWIPL and receive shares in
their Demat account after completion of the transfer process.
Q. What
does Paymate India Ltd do?
Answer: Paymate India is a B2B digital payments and fintech platform
providing payment processing, collections, invoicing, and supply-chain payment
solutions for enterprises and SMEs.
Q. Which
segment does Paymate India operate in?
Answer: The company operates in the digital payments and fintech
infrastructure space, focused on enterprise payment workflows.
Q. Is
Paymate India a payment gateway company?
Answer: Yes. The company provides payment gateway services and
digital payment infrastructure for businesses.
Q. What
are Paymate India’s key products/services?
Answer:
Q. Who
are Paymate India’s customers?
Answer: The company serves SMEs, enterprises, and supply-chain
participants needing structured digital payment solutions.
Q. Is
Paymate India a bank or NBFC?
Answer: No. It is a fintech payment infrastructure company, not a
bank or lending NBFC.
Q. What
are the key growth drivers for Paymate India?
Answer: Growth in digital payments adoption, B2B digitization,
supply-chain financing integration, and expansion of cashless transaction
ecosystems.
Q. What
factors influence Paymate India valuation?
Answer: Revenue growth, transaction volumes, merchant adoption, margins,
technology platform scale, and profitability trajectory.
Q. What
are the risks of investing in Paymate India shares?
Answer: Competition in fintech space, margin pressure, regulatory
changes in payments industry, and liquidity constraints in unlisted markets.
Q. Why do
investors track Paymate India shares?
Answer: It is viewed as a B2B fintech play on India’s digital
payments and enterprise transaction digitization growth.
