Paymate India Limited
-16 % 1 M
Paymate India Limited
-16 %As of May 24, 2025, Paymate India Limited share price is INR 525.00 per share and the face value is INR 0.00 per share. The lot size of Paymate India Limited is 0 shares. The 52 week high for Paymate India Limited is INR 625.00, while the 52 week low is INR 525.00
About Paymate India Limited
A Comprehensive Overview of Price & Journey
Understanding Paymate India Limited Inception and Growth
Overview
PayMate India Limited is an Indian financial services company which is specializes in providing business-to-business (B2B) digital payment solutions. It was established in May 2006 by Ajay Adiseshan, and the company is headquartered in Mumbai, Maharashtra. The company provides an integrated cloud-based platform that automates payables, receivables, invoicing, and cash flow management for businesses of all sizes. It is a trusted partner for corporates and SMEs transitioning from traditional payment methods to efficient digital solutions. It has expanded its operations internationally, serving clients across India and the CEMEA (Central Europe, Middle East, and Africa) region. Interest in PayMate India Limited share price has grown, particularly after its IPO filing.
Products & Services
PayMate offers a comprehensive range of services
-
B2B Payments Platform: Automation of payables and receivables across multiple payment modes.
-
Invoicing and Reconciliation: Streamlined workflows for real-time reconciliation.
-
Cash Flow Management: It provides Tools to optimize working capital and manage credit.
-
Tax Payments: It also provides Simplified tax compliance through digital solutions.
-
Credit Access: It also offers Data-driven credit via lending partners.
Board of Directors
The Board of Directors includes experienced professionals guiding the company’s strategic direction:
-
Ajay Adiseshan - Founder, Managing Director & Chairman
-
Vishvanathan Subramanian (Ravi) - CFO & Director
IPO Details
PayMate India Limited filed its Draft Red Herring Prospectus (DRHP) with SEBI in May 2022 to float its Initial Public Offering (IPO). The IPO aims to raise funds for business expansion, debt repayment, and general corporate purposes.
Subsidiaries
PayMate operates through the following subsidiaries:
-
PayMate Payments Services Provider LLC (PayMate LLC)
-
PayMate India SPC
About Paymate India Limited
IPO Details, Price movement
Performance Highlights 2023-2024
-
Revenue from Operations increased from ₹1208 crore in FY22 to ₹1350 crore in FY23.
-
There was Loss of ₹57.7 crore in FY22 and became ₹55.7 crore in FY23
-
Net cash used in Operating Activities was INR 64.1 crore in FY22 and became INR 13.5 crore in FY23.
-
Cash flow from Investing Activities was INR 0.59 crore in FY22, whereas it became INR 0.20 crore in FY23.
-
Cash flow from Financing Activities was INR 62 crore in FY22, whereas it became INR 12.4 crore in FY23.
Fundamentals
Financials
P&L Statement | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenue | - | - | 1208.89 | 1350.11 |
Other Income | - | - | 0.33 | 1.48 |
COGS | - | - | 1207.47 | 1338.96 |
Gross Profit | - | - | 1.75 | 12.63 |
Total Expense | - | - | 56.93 | 65.64 |
EBIDTA | - | - | -55.18 | -53.01 |
D&A | - | - | 2.26 | 2.20 |
EBIT | - | - | -57.44 | -55.21 |
Interest Expense | - | - | 0.28 | 0.51 |
PBT | - | - | -57.72 | -55.72 |
TAX | - | - | - | - |
PAT | - | - | -57.52 | -55.72 |
Diluted EPS | - | - | -10.65 | -9.69 |
Basic EPS | - | - | -10.65 | -9.69 |
Total income | 0.00 | 0.00 | 1,209.22 | 1,351.59 |
ASSETS
CURRENT ASSETS | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Cash and Cash Equivalents | - | - | 1.58 | 0.73 |
Trade Payables | - | - | 5.74 | 0.51 |
Inventory | - | - | - | - |
Other Current Assets | - | - | 47.58 | 55.24 |
Total Current Assets | 0.00 | 0.00 | 54.90 | 56.48 |
NON CURRENT ASSETS | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Plant Property and Equipment | - | - | 0.57 | 0.63 |
Long Term Investment | - | - | - | - |
Other Non Current Assets | - | - | 4.84 | 2.95 |
TOTOAL NON CURRENT ASSSETS | 0.00 | 0.00 | 5.41 | 3.58 |
Total Assets | 0.00 | 0.00 | 60.31 | 60.06 |
---|
CURRENT LIABILITES | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
TRADW Payable | - | - | 0.35 | 19.80 |
Other Current Liab | - | - | 11.28 | 20.70 |
Total Current Liab | 0.00 | 0.00 | 11.63 | 40.50 |
NON CURRENTLIABILITIES | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Long Term Debt | - | - | - | - |
Deffered Tax Liab | - | - | - | - |
Other Non Current Liab | - | - | 2.32 | 2.29 |
LIABILITIES
EQUITY | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Share Capital | - | - | 5.74 | 5.77 |
Reserves And Surplus | - | - | - | - |
Other Equity | - | - | 40.62 | 11.50 |
Retained Earnings | - | - | - | - |
share Equity | 0.00 | 0.00 | 46.36 | 17.27 |
Total Liabilities | 0.00 | 0.00 | 48.68 | 19.56 |
---|
CASH FLOW STAT | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Cash Flow from operating | - | - | -64.10 | -13.50 |
Cash Flow from financing | - | - | 62.08 | 12.45 |
Cash Flow from investing | - | - | 0.20 | 0.59 |
Net cash flow | 0.00 | 0.00 | -1.82 | -0.46 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Frequently Asked Questions
- The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.
- With BharatInvest, you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.
- 1. You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
- 2. Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
- The value of share in unlisted space is determined in the same way as it is done in listed market. Demand and supply decide the price of any share. If the demand more than the supply, then the prices of the share increases and vice versa.
- When a new shares is introduces in the unlisted space, the value of the company is decided upon the last funding raised by company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
- A Public Unlisted Shares Is Not Listed on Stock Exchange, Where as a Listed Public Company Is Listed On Stock Exchange Such As BSE Or NSE For Trading Of Shares.
- If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unli sted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
- If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 12.5% without indexation benefits.
- After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
- Absoluetly NOT! Grey market is all about speculation relation to open price, subscription rate etc. And does not include physical delivery of shares. Whereas in pre ipo market you get to invest in shares much before the ipo too and it involves physical delivery of shares. It is compeletly legal and does not include any such speculation.
- Existing stakeholders, promoters or employees who have equity shares of an unlisted company and early investors who wish to get value of their investment.
- Yes, investing in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market.