* Ratio is calculated based on latest financial & current share price.
(All Amount in INR Millions)
(All Amount in INR Millions)
(All Amount in INR Millions)
Founded in 2006 by Ajay Adiseshan, Paymate India Ltd is a payments provider for B2B payments for enterprises and SMEs. It provides an excellent digital workflow integrated into the payments, enabling better control, transparency and better cash flows with an end-to-end reconciliation for an enhanced user experience.
Paymate India Ltd includes features like Procure to Pay automation, credit evaluation, and discount marketplace along with APIs for integration into existing accounts/ERP for minimal friction-based deployment.
Company Particulars
| Company Name | Paymate India Ltd. |
| ISIN No. | INE08J501021 |
| PAN No. | AAECPOO62G |
| Market Capitalisation | 3352.67 Cr |
| No. Of Outstanding Shares | 57408690 |
| Face Value | Rs. 1 |
| Book Value | 8.076 |
| P/BV | 72.313 |
The unlisted company has a market capitalisation of 3352.67 Cr and 57,408,690 outstanding shares. The business service has an authorised capital of Rs. 8500 lakhs and a paid-up capital of Rs 6849.33 lakhs. The company is expected to raise Rs 15000 crores via the IPO route with new shares worth Rs. 1125 crore and equity sales of up to Rs. 375 crores.
Paymate India Ltd Financial Report
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) | Margins |
| 9MFY22 | -427.8 | 8,434.4 | -426.3 | -422.9 | -2.9% |
| FY21 | -281.1 | 3,484.0 | -128.3 | -74.2 | -11.6% |
| FY20 | -277.7 | 2,161.4 | -391.1 | -412.7 | -7.4% |
| FY19 | -79.6 | 2,358.5 | -72.3 | -68.0 | -4.9% |
In FY 2023, PayMate witnessed a substantial growth avenue with a 21% jump at Rs. 84,519 crores in the value of the total payments (TPV). Also, the group revenue of it was Rs. 1,351 crores with Y0Y growth of 12% compared to 2022. Moving to profit growth, in FY 2023, gross profit was booked at Rs. 11.15 crores, while in 2022, it was Rs. 1.41 crores.
Over the last three fiscal years, PayMate has gained positive customer growth across the B2B payment industry. Currently, the company has over 200,701 users, 1,496 enterprises, and 189,419 SMEs. So, there is an unbound high-growth prospect for the company to outperform in the upcoming years.
Paymate India Ltd provides one of the largest payment systems for businesses and is a multiple payment category platform that includes vendor payment, utility payment, and card-based payment processing services. The company has also expanded its customer base to 49,618 customers between the years 2019 and 2021. The company’s financial performance is also extremely satisfactory, with an increase in the revenue from operations making a 61.19% jump from Rs 216.14 crore in the financial year 2020 to Rs 348.40 crore in 2021.
Here are the reasons to invest in PayMate India’s unlisted shares:
Applying for the Paymate India Ltd unlisted share is an effortless task if you utilise Stockify to buy the shares. With Stockify, you can get access to the unlisted Pre-IPO share without a hassle. Not only pre-IPO shares, but you can get access to other unlisted shares, and buying and selling of ESOPs can also be undertaken with Stockify.
Want to unlock multifold returns, then making an investment in the pre-IPO or unlisted shares is the best way out for you. You can refer to Stockify and get access to all the blue-chip stocks of companies before they are listed in the Indian stock market. The pre-IPO price of the company is yet to be disclosed and will soon be updated on the Stockify website as well. You can easily have access to the unlisted Indian equity at the earliest stage via the Pre-IPO route to maximise your returns. With Stockify, you can buy and sell unlisted shares in the most convenient way and generate maximum returns.
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Reliance retail, Pharmeasy, Chennai super kings, Anglo-French Drugs & Industries, Hexaware Technologies Ltd, Five Star Business Finance Ltd Unlisted Shares, Fincare Small Finance Bank Ltd Unlisted Shares, Arohan Financial Services Unlisted Shares, Utkarsh Coreinvest Ltd Unlisted Shares, Fino Paytech Ltd Unlisted Shares, Hero Fincorp Ltd Unlisted Shares, National Stock Exchange Ltd Nse Unlisted Shares, National Commodity Derivatives Exchange Ltd Ncdex Unlisted Shares, MetroPolitan Stock Exchange MSEI Unlisted Shares, Capital, Small Finance Bank Ltd Unlisted Shares, And Motilal Oswal Home Finance Ltd Unlisted Shares.
