Cherussery Credits Private Limited

Non-banking financial company providing loans, money transfer services, and expanding business in Tamil Nadu.

1989 | Hyderabad, Telangana (India) | Active
Last Updated:

Cherussery Credits Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.44 Cr
  • Company Age 35 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.79 Cr
  • Satisfied Charges ₹ 1.06 Cr
  • Revenue Growth 15.52%
  • Profit Growth 3.21%
  • Ebitda 55.11%
  • Net Worth -6.97%
  • Total Assets 0.84%

About Cherussery Credits

Cherussery Credits Private Limited (CCPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 December 1989 and has a history of 35 years and four months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Shashidhara Finance Private 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 4.44 Cr.

The company currently has active open charges totaling ₹4.79 Cr. The company has closed loans amounting to ₹1.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

Cherussery Raveendran, Sreeja Gangadharan, Cherussery Aarcha, and One other member serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65993TG1989PTC117186

  • Company No.

    117186

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Dec 1989

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services
Company report

Cherussery Credits Private Limited

Explore comprehensive data for Cherussery Credits Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Cherussery Raveendran Country flag representing In Managing Director30-Apr-2016Current

Board Members (3)

NameDesignationAppointment DateStatus
Sreeja Gangadharan Country flag representing In Director 30-Apr-2016Current
Cherussery Aarcha Country flag representing In Director 01-Sep-2016Current
Gadha Raveendran Country flag representing In Director 11-Feb-2022Current

Financial Performance of Cherussery Credits.

Cherussery Credits Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.52% increase. The company also saw a slight improvement in profitability, with a 3.21% increase in profit. The company's net worth dipped by a decrease of 6.97%.

Cherussery Credits revenue growth over time
Cherussery Credits 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
15.52%
Revenue from Operations
15.01%
Total Assets
0.84%
Profit or Loss
3.21%
Net Worth
-6.97%
EBITDA
55.11%

What is the Ownership and Shareholding Structure of Cherussery Credits?

In 2022, Cherussery Credits had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.79 Cr

Satisfied Charges

₹1.06 Cr

Charges Breakdown by Lending Institutions

  • Dhanlaxmi Bank Limited : 2.50 Cr
  • Others : 2.29 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jan 2024Others₹3.00 MOpen
31 Jan 2023Others₹0.30 MOpen
01 Dec 2022Others₹1.00 MOpen
22 Feb 2022Others₹5.20 MOpen
01 Oct 2021Others₹0.30 MOpen

How Many Employees Work at Cherussery Credits?

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

Employee growth trends for Cherussery Credits Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cherussery 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 Cherussery 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 Cherussery Credits

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 0.05 Cr registered on 12 Oct 2020 with Charge ID 100390479 was modified on 27 Jun 2024.

  • Charges

    A charge with Others of Rs. 0.30 Cr registered on 20 Jan 2024 with Charge ID 100874401 was modified on 15 Apr 2024.

  • Charges

    A charge with Others of Rs. 0.03 Cr registered on 31 Jan 2023 with Charge ID 100741898 was modified on 15 Apr 2024.

  • Charges

    A charge with Others of Rs. 0.10 Cr registered on 01 Dec 2022 with Charge ID 100741859 was modified on 15 Apr 2024.

  • Charges

    A charge with Others of Rs. 0.52 Cr registered on 22 Feb 2022 with Charge ID 100552011 was modified on 15 Apr 2024.

  • Charges

    A charge with Others of Rs. 0.03 Cr registered on 01 Oct 2021 with Charge ID 100491631 was modified on 15 Apr 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Cherussery Credits Private Limited?

    Cherussery Credits Private Limited was incorporated on 27 Dec 1989.

  • What is authorized share capital and paid-up capital of Cherussery Credits Private Limited?

    The authorized share capital of Cherussery Credits Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.44 Cr.

  • Who are the current board members & directors of Cherussery Credits Private Limited?

    Currently 4 directors are associated with Cherussery Credits Private Limited.

    • Cherussery Velayudhan Raveendran
    • Sreeja Kizhakkeveettil Gangadharan
    • Cherussery Raveendran Aarcha
    • Gadha Cherussery Raveendran

  • What is the registered address of Cherussery Credits Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Cherussery Credits Private Limited is H No.2-20-8/G/23 Room No.1 Plot No.23 South First Floor Sri Giri Colony Adarsh Nag Ar, Uppal India, Medchal Malkajgiri, Telangana, 500039.

  • What is the corporate identification number (CIN) and company number of Cherussery Credits Private Limited?

    The corporate identification number (CIN) of Cherussery Credits Private Limited is U65993TG1989PTC117186 and the company number is 117186 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Cherussery Credits Private Limited?

    The Official website of Cherussery Credits Private Limited is https://www.cherusserycredits.com

  • What has been the recent revenue trend for Cherussery Credits Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Cherussery Credits Private Limited has risen by 15.52%.

  • What change has been observed in the net worth of Cherussery Credits Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Cherussery Credits Private Limited has experienced an downturn of -6.97%.

  • What are the total open charges for Cherussery Credits Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Cherussery Credits Private Limited amount to ₹ 4.79 Cr.

  • When was the last Balance Sheet of Cherussery Credits Private Limited filed with the ROC?

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

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