Concord Credit Limited

Provides financial services and loans, borrowing and lending money with or without security.

1984 | Ernakulam, Kerala (India) | Active
Last Updated:

Concord Credit Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.45 M
  • Company Age 41 Year, 12 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 14.85 Cr
  • Revenue Growth -43.09%
  • Profit Growth -51.86%
  • Ebitda -63.16%
  • Net Worth -0.79%
  • Total Assets -1.02%

About Concord Credit

Concord Credit Limited (CCL) is a Public Limited Indian Non-Government Company incorporated in India on 02 April 1984 and has a history of 41 years. Its registered office is in Ernakulam, Kerala, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.45 M.

The company has closed loans amounting to ₹14.85 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kurian George, Betsy Kurian, and Rohit Kurian serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65923KL1984PLC003951

  • Company No.

    003951

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Apr 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services
Company report

Concord Credit Limited

Explore comprehensive data for Concord Credit Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Concord Credit?

Executive Team (1)

NameDesignationAppointment DateStatus
Kurian George Country flag representing In Managing Director02-Apr-1984Current

Board Members (2)

NameDesignationAppointment DateStatus
Betsy Kurian Country flag representing In Director 30-Sep-2003Current
Rohit Kurian Country flag representing In Director 30-Sep-2005Current

Financial Performance of Concord Credit.

Concord Credit Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 43.09% decrease. The company also saw a substantial fall in profitability, with a 51.86% decrease in profit. The company's net worth dipped by a decrease of 0.79%.

Concord Credit revenue growth over time
Concord Credit 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
-43.09%
Revenue from Operations
-43.38%
Total Assets
-1.02%
Profit or Loss
-51.86%
Net Worth
-0.79%
EBITDA
-63.16%

What is the Ownership and Shareholding Structure of Concord Credit?

In 2017, Concord Credit 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

₹0

Satisfied Charges

₹14.85 Cr

Charges Breakdown by Lending Institutions

  • P M Thomas : 8.00 Cr
  • The South Indian Banklimited : 4.50 Cr
  • P.P. Zibi Jose (P.C.Secrt.) : 2.00 Cr
  • The Federal Bank Limited : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
24 Sep 2010The South Indian Banklimited₹4.50 CrSatisfied
02 Oct 2009P M Thomas₹8.00 CrSatisfied
12 Aug 1999P.P. Zibi Jose (P.C.Secrt.)₹2.00 CrSatisfied
28 Nov 1991The Federal Bank Limited₹3.50 MSatisfied

How Many Employees Work at Concord Credit?

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

Employee growth trends for Concord Credit Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Concord Credit, 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 Concord Credit'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 Concord Credit

Recent activity within the organization

  • Annual General Meeting

    Concord Credit Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Concord Credit Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

  • Charges

    A charge registered on 02 Oct 2009 via Charge ID 10176954 with P M Thomas was fully satisfied on 02 Jan 2023.

  • Charges

    A charge registered on 12 Aug 1999 via Charge ID 90022471 with P.P. Zibi Jose (P.C.Secrt.) was fully satisfied on 16 Dec 2022.

  • Charges

    A charge registered on 24 Sep 2010 via Charge ID 10244247 with The South Indian Banklimited was fully satisfied on 28 Nov 2022.

  • Charges

    A charge with The South Indian Banklimited of Rs. 4.50 Cr registered on 24 Sep 2010 with Charge ID 10244247 was modified on 28 Feb 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Concord Credit Limited?

    Concord Credit Limited was incorporated on 02 Apr 1984.

  • What is authorized share capital and paid-up capital of Concord Credit Limited?

    The authorized share capital of Concord Credit Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.45 M.

  • Who are the current board members & directors of Concord Credit Limited?

    Currently 3 directors are associated with Concord Credit Limited.

    • Kurian Chirathalattu George
    • Betsy Elizabeth Kurian
    • Rohit George Kurian

  • What is the registered address of Concord Credit Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Concord Credit Limited is 2Nd Floor2Nd Floor Chittoor Road India, Ernakulam, Kerala, 682018.

  • What is the corporate identification number (CIN) and company number of Concord Credit Limited?

    The corporate identification number (CIN) of Concord Credit Limited is U65923KL1984PLC003951 and the company number is 003951 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Concord Credit Limited?

    According to the financial reports for the fiscal year 2017, the revenue trend for Concord Credit Limited has fallen by -43.09%.

  • What change has been observed in the net worth of Concord Credit Limited, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Concord Credit Limited has experienced an downturn of -0.79%.

  • When was the last Balance Sheet of Concord Credit Limited filed with the ROC?

    The most recent Balance Sheet for Concord Credit Limited was filed with the ROC on 31 Mar 2024.

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