Cred Foods Profile
Key Indicators
- Authorised Capital ₹ 7.00 M
- Paid Up Capital ₹ 6.00 M
- Company Age 4 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.75 Cr
- Satisfied Charges ₹ 1.45 Cr
- Revenue Growth 29.03%
- Profit Growth 25.90%
- Ebitda 58.20%
- Net Worth 188.40%
- Total Assets 23.95%
About Cred Foods
Cred Foods Private Limited (CFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 31 March 2020 (Four years and ten months 3 days old ). Its registered office is in Rangareddy, Telangana, India.
The Company is engaged in the Food And Beverages 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 7.00 M and a paid-up capital of Rs 6.00 M.
The company currently has active open charges totaling ₹8.75 Cr. The company has closed loans amounting to ₹1.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
Praveen Cheruku, Praveen Nagamalla, and Rahat Achanta serve as directors at the Company.
Company Details
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Location
Rangareddy, Telangana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U15490TG2020PTC140004
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Company No.
140004
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
31 Mar 2020
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Cred Foods?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rahat Achanta
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Director | 06-Jun-2020 | Current |
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Praveen Cheruku
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Additional Director | 01-Apr-2022 | Current |
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Praveen Nagamalla
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Director | 31-Mar-2020 | Current |
Financial Performance of Cred Foods.
Cred Foods Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.03% increase. The company also saw a substantial improvement in profitability, with a 25.9% increase in profit. The company's net worth Soared by an impressive increase of 188.4%.
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What is the Ownership and Shareholding Structure of Cred Foods?
In 2023, Cred Foods had a public holding of 9.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹87.50 M
₹14.50 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 4.95 Cr
- Others : 3.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Apr 2024 | Others | ₹2.00 Cr | Open |
| 30 Jan 2024 | Hdfc Bank Limited | ₹4.95 Cr | Open |
| 30 Oct 2021 | Others | ₹1.80 Cr | Open |
| 29 Jul 2022 | Others | ₹7.00 M | Satisfied |
| 12 Apr 2022 | Others | ₹7.50 M | Satisfied |
How Many Employees Work at Cred Foods?
Unlock and access historical data on people associated with Cred Foods, 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 Cred Foods, 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 Cred Foods'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
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