Cred Foods Private Limited
Processes and trades food products, incorporated in 2020, based in Telangana.
2020 | Rangareddy, Telangana (India) | Active
Cred Foods Profile
Key Indicators
- Authorised Capital ₹ 7.00 M
- Paid Up Capital ₹ 6.00 M
- Company Age 5 Year, 1 Month
- 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 (Five years and one month 17 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
- Location
Rangareddy, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15490TG2020PTC140004
- Company No.
140004
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Mar 2020
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Food and Beverages
Cred Foods Private Limited
Explore comprehensive data for Cred Foods Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Cred Foods?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rahat Achanta  | Director | 06-Jun-2020 | Current |
| Praveen Cheruku | Additional Director | 01-Apr-2022 | Current |
| Praveen Nagamalla | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Open Charges
₹87.50 M
Satisfied Charges
₹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
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 Cred Foods
Recent activity within the organization
- Charges
A charge registered on 12 Apr 2022 via Charge ID 100568999 with Others was fully satisfied on 03 Jul 2024.
- Charges
A charge with Others of Rs. 20.00 M registered on 03 Apr 2024 with Charge ID 100935831 was modified on 17 May 2024.
- Charges
A charge registered on 29 Jul 2022 via Charge ID 100624734 with Others was fully satisfied on 07 May 2024.
- Charges
A charge with Hdfc Bank Limited of Rs. 49.50 M registered on 30 Jan 2024 with Charge ID 100908658 was modified on 19 Apr 2024.
- Charges
A charge with Others amounted to Rs. 20.00 M with Charge ID 100935831 was registered on 03 Apr 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 49.50 M with Charge ID 100908658 was registered on 30 Jan 2024.
Frequently asked questions
What is the Incorporation or founding date of Cred Foods Private Limited?
Cred Foods Private Limited was incorporated on 31 Mar 2020.
What is authorized share capital and paid-up capital of Cred Foods Private Limited?
The authorized share capital of Cred Foods Private Limited is ₹ 7.00 M and paid-up capital is ₹ 6.00 M.
Who are the current board members & directors of Cred Foods Private Limited?
Currently 3 directors are associated with Cred Foods Private Limited.
- Praveen Reddy Cheruku
- Praveen Nagamalla
- Rahat Achanta
What is the registered address of Cred Foods Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Cred Foods Private Limited is 659/F/A, Devaryamjal Village Sharmirpet Mandal India, Medhal, Telangana, 500078.
What is the corporate identification number (CIN) and company number of Cred Foods Private Limited?
The corporate identification number (CIN) of Cred Foods Private Limited is U15490TG2020PTC140004 and the company number is 140004 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Cred Foods Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Cred Foods Private Limited has risen by 29.03%.
What change has been observed in the net worth of Cred Foods Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Cred Foods Private Limited has experienced an upsurge of 188.40%.
What are the total open charges for Cred Foods Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Cred Foods Private Limited amount to ₹ 8.75 Cr.
When was the last Balance Sheet of Cred Foods Private Limited filed with the ROC?
The most recent Balance Sheet for Cred Foods Private Limited was filed with the ROC on 31 Mar 2023.
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