Concord Credit Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 07-12-2024
- Paid Up Capital ₹ 1.45 M
as on 07-12-2024
- Company Age 40 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 14.85 Cr
as on 07-12-2024
- Revenue -43.09%
(FY 2017)
- Profit -51.86%
(FY 2017)
- Ebitda -63.16%
(FY 2017)
- Net Worth -0.79%
(FY 2017)
- Total Assets -1.02%
(FY 2017)
About Concord Credit
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.
- 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
Company Details
- Location
Ernakulam, Kerala, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Concord Credit?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kurian George  | Managing Director | 02-Apr-1984 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Betsy Kurian | Director | 30-Sep-2003 | Current |
| Rohit Kurian | Director | 30-Sep-2005 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Concord Tea And Produce Pvt LtdActive 36 years 10 monthsKurian George, Betsy Kurian and 1 more are mutual person
- Malabar Properties Pvt LtdActive 30 years 4 months
Kurian George, Betsy Kurian and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The South Indian Banklimited Creation Date: 24 Sep 2010 | ₹4.50 Cr | Satisfied |
P M Thomas Creation Date: 02 Oct 2009 | ₹8.00 Cr | Satisfied |
P.P. Zibi Jose (P.C.Secrt.) Creation Date: 12 Aug 1999 | ₹2.00 Cr | Satisfied |
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.
Deals i
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
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
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.
