Company Intelligence Profile
Nayaseva Services Private Limited
Nayaseva Services Private Limited is the corporate/legal entity behind "NPay" (npayapp.com), a BBPS (Bharat Bill Payment System)-based recurring payment-collection platform for businesses.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Nayaseva Services Private Limited |
|---|---|
| CIN | U51909TG2019PTC137494 |
| PAN | not obtained (locked/not shown on Tofler and TheCompanyCheck free pages) |
| Status | Active |
| Listing | Unlisted (private company; not listed on any stock exchange) — Source: TheCompanyCheck |
| Incorporated | 11 December 2019 — Source: Tofler, TheCompanyCheck (both agree) |
| ROC | RoC Hyderabad (TheCompanyCheck labels it "RoC Telangana", Tofler labels it "Hyderabad" — same registrar, naming variance across sources) |
| Sector (NIC) | Activity Group Code G ("Trade"); Business Activity Code G1 "Wholesale Trading" per RoC classification — Source: TheCompanyCheck. (Note: this is the RoC-filed activity code, which is a generic trade classification; actual current business per the company's own website is BBPS-based digital payment collection/fintech — see business_overview.) |
| Registered address | T-Hub Foundation, 1/C, Sy No 83/1, Raidurg Panmaktha, near Hitech City, Shaikpet, Hyderabad, Telangana – 500081 (per Tofler/TheCompanyCheck RoC filing). TheCompanyCheck's directors page separately lists "H.NO-1-90/2/47, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana – 500081" as an alternate/prior registered address on record — flagging this discrepancy rather than picking one. The company's live website (npayapp.com) lists its office as "6th Floor, T-Hub Foundation, Plot No 1/C, Sy No 83/1, Knowledge City, Hyderabad, Telangana – 500081", consistent with the T-Hub address. |
| Authorized capital | INR 1,00,000 (₹1 lakh) — Source: Tofler, TheCompanyCheck (both agree) |
| Paid-up capital | INR 1,00,000 (₹1 lakh) — Source: Tofler, TheCompanyCheck (both agree) |
Business Overview
Confirmed- Nayaseva Services Private Limited is the corporate/legal entity behind "NPay" (npayapp.com), a BBPS (Bharat Bill Payment System)-based recurring payment-collection platform for businesses
- Per the company's own website: NPay lets merchants "collect payments from 70+ popular apps" via API integration, offers payment analytics, T+1 merchant settlement, "SplitPay" for dividing payments across franchise/branch locations, and shareable payment links
- Company is incubated/headquartered at T-Hub, Hyderabad
- Source: npayapp.com (official site
- confirmed as this entity via the "© 2019-2023 Nayaseva Services Private Limited" copyright footer and matching T-Hub registered address)
- RoC filings separately classify the entity's registered activity as generic "Wholesale Trading" (Source: TheCompanyCheck), which appears to be a boilerplate incorporation-time classification rather than the current fintech business
Directors
Partial / conflictingTwo current directors (both appointed 18 March 2025, per Tofler): 1. Sivarami Reddy Chittemreddy — Director 2. Kothapuli Venkatanarayanareddy — Director Named consistently on Tofler and TheCompanyCheck. DINs: not obtained (Falconebiz, the recommended DIN source, would not resolve a company-specific profile page in this session — only its generic homepage loaded). No past/resigned directors were surfaced.
Financials
Partial / conflicting- Latest available balance-sheet/filing date: 31 March 2025 (FY2024-25), per TheCompanyCheck
- Authorized and paid-up capital: ₹1 lakh each (see above)
- Revenue, EBITDA, PAT and net worth figures: not obtained — Tofler shows only YoY percentage deltas (e.g., "Net Profit +190.59%", "Total Revenue -6.49%") without absolute rupee figures, which are gated behind a Tofler Pro subscription
- TheCompanyCheck does not disclose these either
- Borrowings/charges: TheCompanyCheck states the company "does not have any charges (loans) registered." Standalone vs consolidated: not specified/not applicable given no group financials found
Charges/Loans
ConfirmedNo charges (loans) currently registered against the company — Source: TheCompanyCheck.
Legal
Confirmed- No matching court cases found for "Nayaseva Services Private Limited" on Indian Kanoon (search returned no results)
- Absence of indexed cases, not proof of zero litigation history
Competitors
Confirmed- Other BBPS/recurring-payment-collection and merchant payment-API platforms in India (rough scale tags, all materially larger than Nayaseva/NPay): Razorpay (large, unicorn-scale payments platform), Cashfree Payments (large, well-funded payments/BBPS player), Setu (mid-large, fintech infra/BBPS APIs, Pine Labs-owned), Decentro (mid, banking/payment API infra), PayU (large, established payment gateway with BBPS), Juspay (large, payment orchestration)
- NPay appears to be a small, early-stage, niche entrant in this space (₹1 lakh paid-up capital, no disclosed funding)
Frequently Asked Questions
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