Altum Credo Home Finance Private Limited

Provides housing and MSME loans for construction, repair, and balance transfer in India.

2016 | Pune, Maharashtra (India) | Active
Last Updated: June 14, 2024

Altum Credo Home Finance Profile

Key Indicators

  • Authorised Capital ₹ 141.35 Cr
  • Paid Up Capital ₹ 102.24 Cr
  • Company Age 8 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 653.85 Cr
  • Satisfied Charges ₹ 32.00 Cr
  • Revenue Growth 98.42%
  • Profit Growth 100.53%
  • Ebitda 173.50%
  • Net Worth 4.14%
  • Total Assets 59.80%

About Altum Credo Home Finance

Altum Credo Home Finance Private Limited (ACHFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 12 September 2016 (Eight years and five months 11 days old ). Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 141.35 Cr and a paid-up capital of Rs 102.24 Cr.

The company currently has active open charges totaling ₹653.85 Cr. The company has closed loans amounting to ₹32.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Altum Credo Home Finance Private Limited India is Vrishti Kaushik as COMPANY SECRETARY. Vijaya Shankar, Ashish Tewari, Anurag Agrawal, and Four other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    altumcredo.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65999PN2016PTC166384

  • Company No.

    166384

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Sep 2016

  • Date of AGM

    12 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Financial Services

Who are the key members and board of directors at Altum Credo Home Finance?

Executive Team (2)

NameDesignationAppointment DateStatus
Vikrant Bhagwat Country flag representing In Managing Director12-Sep-2016Current
Vrishti Kaushik Company Secretary11-Mar-2022Current

Board Members (6)

NameDesignationAppointment DateStatus
Radhey Garg Country flag representing In Director 11-Aug-2022Current
Himanshu Joshi Country flag representing In Director 15-Dec-2021Current
Avishek Addy Country flag representing In Director 18-Nov-2021Current
Anurag Agrawal Country flag representing In Nominee Director 24-Jan-2024Current
Vijaya Shankar Country flag representing In Additional Director 11-Jul-2023Current
Ashish Tewari Country flag representing In Director 12-Sep-2016Current

Financial Performance of Altum Credo Home Finance.

Altum Credo Home Finance Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 98.42% increase. The company also saw a substantial improvement in profitability, with a 100.53% increase in profit. The company's net worth moved up by a moderate rise of 4.14%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
98.42%
Revenue from Operations
102.61%
Total Assets
59.80%
Profit or Loss
100.53%
Net Worth
4.14%
EBITDA
173.50%

What is the Ownership and Shareholding Structure of Altum Credo Home Finance?

In 2023, Altum Credo Home Finance had a promoter holding of 45.03% and a public holding of 54.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹653.85 Cr

Satisfied Charges

₹32.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 603.75 Cr
  • State Bank Of India : 40.10 Cr
  • Tata Capital Financial Services Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Feb 2024Others₹5.00 CrOpen
13 Feb 2024Others₹20.00 CrOpen
29 Dec 2023Others₹17.00 CrOpen
15 Dec 2023Others₹10.00 CrOpen
19 Oct 2023Others₹50.00 CrOpen

How Many Employees Work at Altum Credo Home Finance?

Altum Credo Home Finance has a workforce of 614 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Altum Credo Home Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Altum Credo Home Finance's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Altum Credo Home Finance

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100877576 was registered on 26 Feb 2024.

    26 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100863330 was registered on 13 Feb 2024.

    13 Feb 2024

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 19 Oct 2023 with Charge ID 100801639 was modified on 07 Feb 2024.

    07 Feb 2024

  • Director Appointment

    Anurag Agrawal was appointed as a Nominee Director was appointed as a Nominee Director on 24 Jan 2024 & has been associated with this company since 1 year 29 days .

    24 Jan 2024

  • Charges

    A charge with Others of Rs. 25.00 Cr registered on 29 Sep 2022 with Charge ID 100617577 was modified on 11 Jan 2024.

    11 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 17.00 Cr with Charge ID 100840043 was registered on 29 Dec 2023.

    29 Dec 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Altum Credo Home Finance Private Limited was incorporated on 12 Sep 2016.

  • The authorized share capital of Altum Credo Home Finance Private Limited is ₹ 141.35 Cr and paid-up capital is ₹ 102.24 Cr.

  • Currently 8 directors are associated with Altum Credo Home Finance Private Limited.

    • Vrishti Kaushik
    • Vijaya Lakshmi Shankar
    • Ashish Tewari
    • Anurag Agrawal
    • Radhey Shyam Garg
    • Avishek Addy
    • Himanshu Joshi
    • Vikrant Vishwas Bhagwat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Altum Credo Home Finance Private Limited is Cts No - 1074/1 Plot No - 426/1 Gokhale Road Model Colony Shivajinagar, Pune, Maharashtra, India, 411016.

  • The corporate identification number (CIN) of Altum Credo Home Finance Private Limited is U65999PN2016PTC166384 and the company number is 166384 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Altum Credo Home Finance Private Limited is https://www.altumcredo.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Altum Credo Home Finance Private Limited has risen by 98.42%.

  • As Per 2023 financial reports, 614 employees are currently employed by Altum Credo Home Finance Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Altum Credo Home Finance Private Limited has experienced an upsurge of 4.14%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Altum Credo Home Finance Private Limited amount to ₹ 653.85 Cr.

  • The most recent Balance Sheet for Altum Credo Home Finance Private Limited was filed with the ROC on 31 Mar 2023.

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