Carthic Credits Private Limited

Provides hire purchase loans for 2 wheelers and used cars.

1986 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: January 30, 2025

Carthic Credits Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 38 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 8.45 M
  • Revenue Growth 7.04%
  • Profit Growth -4.90%
  • Ebitda 2.96%
  • Net Worth 0.28%
  • Total Assets 8.95%

About Carthic Credits

Carthic Credits Private Limited (CCPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 May 1986 and has a history of 38 years and eight months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Carthic Credits Limited. 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company has closed loans amounting to ₹8.45 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Somasundaram Renganathan, Ulagappan Somasundaram, Chandrasekaran Somasundaram, and Three other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65921TZ1986PTC001785

  • Company No.

    001785

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 May 1986

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Financial Services

Who are the key members and board of directors at Carthic Credits?

Executive Team (1)

Name Designation Appointment Date Status
Somasundaram Renganathan Country flag representing In Managing Director 15-May-1986 Current

Board Members (5)

Name Designation Appointment Date Status
Ulagappan Somasundaram Country flag representing In Director 21-Oct-2010 Current
Chandrasekaran Somasundaram Country flag representing In Director 25-Jul-1988 Current
Somasundaram Chitra Country flag representing In Director 26-Dec-2014 Current
Renganathan Somasundaram Country flag representing In Whole-Time Director 21-Oct-2010 Current
Palaniappan Palaniappan Country flag representing In Director 26-Dec-2014 Current

Financial Performance of Carthic Credits.

Carthic Credits Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.04% increase. The company also saw a slight decrease in profitability, with a 4.9% decrease in profit. The company's net worth moved up by a moderate rise of 0.28%.

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
7.04%
Revenue from Operations
5.84%
Total Assets
8.95%
Profit or Loss
-4.90%
Net Worth
0.28%
EBITDA
2.96%

What is the Ownership and Shareholding Structure of Carthic Credits?

In 2023, Carthic Credits had a public holding of 50.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.85 Cr

Charges Breakdown by Lending Institutions

  • Gda Trusteeship Limited : 0.59 Cr
  • Tamilnad Mercantile Bank Ltd : 0.25 Cr
  • Sundaram Finance Ltd : 0.01 Cr

Latest Charge Details

Date Lender Amount Status
27 Oct 2014 Gda Trusteeship Limited ₹5.85 M Satisfied
05 Apr 1995 Tamilnad Mercantile Bank Ltd ₹2.50 M Satisfied
27 Feb 1991 Sundaram Finance Ltd ₹0.10 M Satisfied

How Many Employees Work at Carthic Credits?

Unlock and access historical data on people associated with Carthic Credits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Carthic Credits, 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 Carthic Credits'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 Carthic Credits

Recent activity within the organization

  • Annual General Meeting

    Carthic Credits Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Carthic Credits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge registered on 27 Feb 1991 via Charge ID 90006073 with Sundaram Finance Ltd was fully satisfied on 19 Sep 2019.

    19 Sep 2019

  • Charges

    A charge registered on 27 Oct 2014 via Charge ID 10528539 with Gda Trusteeship Limited was fully satisfied on 16 Dec 2016.

    16 Dec 2016

  • Director Appointment

    Somasundaram Chitra was appointed as a Director was appointed as a Director on 26 Dec 2014 & has been associated with this company since 10 years 1 month .

    26 Dec 2014

  • Director Appointment

    Palaniappan Soundara Lakshmi Palaniappan was appointed as a Director was appointed as a Director on 26 Dec 2014 & has been associated with this company since 10 years 1 month .

    26 Dec 2014

Frequently asked questions

  • Carthic Credits Private Limited was incorporated on 15 May 1986.

  • The authorized share capital of Carthic Credits Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 6 directors are associated with Carthic Credits Private Limited.

    • Somasundaram Renganathan
    • Ulagappan Somasundaram
    • Chandrasekaran Somasundaram
    • Somasundaram Chitra
    • Renganathan Somasundaram
    • Palaniappan Soundara Lakshmi Palaniappan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Carthic Credits Private Limited is 47Rajaji Road Ramnagar India, Coimbatore, Tamil Nadu, 641009.

  • The corporate identification number (CIN) of Carthic Credits Private Limited is U65921TZ1986PTC001785 and the company number is 001785 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Carthic Credits Private Limited has risen by 7.04%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Carthic Credits Private Limited has experienced an upsurge of 0.28%.

  • The most recent Balance Sheet for Carthic Credits Private Limited was filed with the ROC on 31 Mar 2023.

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