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UNLISTED COMPANY PROFILE

PAYMATE INDIA LIMITED

FINANCIALS LINE
INDICATIVE PRICE / SHARE
₹445
▲ +0.0% · 30-DAY
OTC REFERENCE PRICE · NOT AN OFFER TO DEAL
PRICE AS OF 02 SEPT 2026
VIEW DATA METHOD →
REQUEST CURRENT DETAILS →
INDICATIVE PRICE HISTORY · DATED OBSERVATIONS SINCE 2024

PRICE HISTORY.

Use the left and right arrow keys to inspect dated observations. Home selects the first observation and End selects the latest.

₹625
₹445
02 Apr 2404 Apr 2602 Sept 26

ALL-TIME LOW
₹445
ALL-TIME HIGH
₹625
WINDOW
ALL
NOT A STOCK-EXCHANGE QUOTE · NOT AN OFFER TO DEAL
THE TIMETABLE · KEY NUMBERS

Key numbers

Published fundamentals and the date each figure was recorded.

CALCULATION METHOD →
Market cap
₹2,566 Cr
Latest available company data
Min. investment
₹11,125
Indicative price × lot size
Lot size
25
P/B ratio
144.48
EPS
-8.4
ROE
-333.99%
Book value
₹3.08
Face value
₹1
Debt / equity
0.21
ISIN
INE08J501021
Company security identifier
THE BUSINESS · HOW IT EARNS

PayMate India Limited operates a business-to-business payments and services platform for enterprises, small and medium enterprises, and their supply-chain counterparties. Its platform digitises payment workflows using commercial credit cards and connects users with banking and payment partners through API integrations. The offering covers GST, direct-tax and utility payments; vendor payments, accounts payable and collections; automated reconciliation; credit checks; early-payment discounts and invoice financing. It can integrate with a customer’s existing ERP system, supports desktop and smartphone form factors, and provides reporting and settlement capabilities for closed supply chains. PayMate also offers a mobile app that gives users access to commercial credit cards and payment features. The company’s model combines payment processing with workflow automation and transaction data, which the DRHP says supports operational and working-capital insights for customers and credit assessment, payment monitoring and credit-risk reduction for financial-institution partners.

About this company

Paymate India Limited is a Mumbai-based business-to-business (B2B) digital payments company incorporated in 2006. It operates a cloud-based platform that helps enterprises and small and medium-sized businesses automate and digitise their commercial payment workflows, including vendor and supplier payments, invoice management, approval controls, reconciliation, and working-capital handling. By allowing businesses to route bulk commercial payments onto card and digital rails, the platform aims to replace manual cheque-and-bank-transfer processes with a single, trackable system. The company positions itself primarily around the accounts-payable and accounts-receivable needs of mid-market and enterprise customers, and it functions within India's regulated payments framework after receiving authorisation from the Reserve Bank of India to operate as an online payment aggregator. Beyond India, Paymate has pursued expansion across the CEMEA region (Central Europe, Middle East and Africa), extending its B2B payments model into additional markets. A notable feature of Paymate's profile is its association with Visa, which has been an investor and strategic partner, lending the company visibility within the global card-payments ecosystem. This parentage, combined with its early-mover position in India's B2B payments space, is part of why the company attracts attention in the unlisted market. Paymate had filed a Draft Red Herring Prospectus with SEBI in 2022 for a proposed public issue, and the regulator subsequently asked the company to refile with updates. The IPO has not proceeded to a listing on the NSE or BSE, so the shares continue to trade in the unlisted, pre-IPO market, where they are quoted by dealers at indicative prices. Investor interest in the unlisted shares is typically tied to the fintech and digital-payments theme, the company's Visa linkage, and anticipation around a potential future public listing. As a growth-stage fintech, Paymate's financials have historically reflected investment-led losses, and figures vary by reporting period. All unlisted prices are indicative dealer quotes and can differ across counterparties and over time.

COMPANY AT A GLANCE
Sector lineFinancials
SettlementNSDL / CDSL
Incorporated2006
Listing statusUnlisted / Pre-IPO
*INDICATIVE · TIMELINE MAY CHANGE · NOTHING FINAL UNTIL THE RHP

COMPANY REGISTRY · ON FILE

PUBLIC OR ADMIN-SUPPLIED DATA · VERIFY INDEPENDENTLY
CIN
U72200MH2006PLC205023
PAN
AAECP0062G
Incorporated
2006
Outstanding shares
~5.77 crore equity shares (approx. 5,76,70,000)
Registered office
A-111, 1st Floor, Sundervilla, S.V. Road, Santacruz (West), Mumbai 400054, Maharashtra, India
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THE LOGBOOK · FINANCIALS BY YEAR

WHAT THE ENGINE HAS DONE.

AMOUNT UNIT NOT VERIFIEDFY21FY22FY23FY24
REVENUE34,9001,20,9201,35,0111,34,254
PAT-1,590-5,780-5,572-4,886
EPS (₹)-2-10-10-8
PAT MARGIN-5%-5%-4%-4%
CAUTION · AMOUNT UNIT AND FIELD-LEVEL SOURCES HAVE NOT BEEN VERIFIED · DO NOT RELY ON THESE FIGURES WITHOUT CHECKING THE COMPANY FILING

THE CREW · BOARD & MANAGEMENT

Ajay Adiseshann
Founder, Chairman & Managing Director / CEO
Vishvanathan Subramanian
Whole-time Director & CFO
Sandeep Murthy
Nominee Director
Kevin Christopher Phalen
Director
Monica Niranjan Doshi
Director
Ashimkumar Jaswantkumar Banerjee
Director
Nanda Harish
Company Secretary
COMPANY TIMELINE · EVENTS
The company issued notice of its 18th Annual General Meeting. (31 Oct 2024)
READ THE NOTICE →
THE GLOVEBOX · ANNUAL REPORTS
ENQUIRE NOW →
NON-BINDING · NO PAYMENT · NOT AN OFFER TO DEAL
RESEARCH DESK · QUESTIONS

COMMON QUESTIONS.

Is Paymate India Limited listed on the stock exchange?+

No. As of 2 September 2026, Paymate India Limited is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.

What is the Paymate India Limited unlisted share price?+

As of 2 September 2026, the indicative unlisted share price of Paymate India Limited is ₹445 per share. This is an over-the-counter reference price, not a stock-exchange quote.

What indicative minimum amount is displayed for Paymate India Limited unlisted shares?+

The displayed unit count is 25 share(s); at the indicative price of about ₹445, the displayed amount is approximately ₹11,125. This is a display convention, not evidence of inventory, an order minimum or a quote.

What is the ISIN of Paymate India Limited?+

The recorded ISIN of Paymate India Limited is INE08J501021. An ISIN is a 12-character security identifier. Verify it against the issuer and the relevant depository record before using it for any transfer or documentation.

Is trading in Paymate India Limited unlisted shares legal in India?+

Unlisted shares can be transferred off-market in India, but the legal, tax and compliance position depends on the security, parties, documents and current rules. Verify the intermediary, issuer restrictions and applicable requirements before proceeding.

Is there a lock-in period for unlisted shares?+

A post-listing lock-in may apply under the rules in force at the time. The period and any exemptions can depend on the holder and acquisition, so check the current regulation and the issuer's offer documents rather than relying on a generic period.

Do you guarantee returns?+

No. Unlisted shares carry higher risk and lower liquidity than listed shares. Returns depend on company performance, market conditions and future listing outcomes. This is information only, not investment advice.

SIMILAR COMPANY PROFILES
FINANCIALS LINE.
Prices shown are indicative over-the-counter reference prices, not an offer to deal. This page is information only and not investment advice. Unlisted shares carry higher risk and lower liquidity than listed shares. Settlement to your own demat account via NSDL / CDSL through registered intermediaries.
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