Credavenue Profile
Key Indicators
- Authorised Capital ₹ 243.50 Cr
- Paid Up Capital ₹ 215.77 Cr
- Company Age 4 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 83.75 Cr
- Satisfied Charges ₹ 56.00 Cr
- Revenue Growth -33.05%
- Profit Growth -687.22%
- Ebitda -1450.24%
- Net Worth -17.56%
- Total Assets -10.06%
About Credavenue
Credavenue Private Limited (CPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 21 August 2020 (Four years and five months 12 days old ). Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Information Technology 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 243.50 Cr and a paid-up capital of Rs 215.77 Cr.
The company currently has active open charges totaling ₹83.75 Cr. The company has closed loans amounting to ₹56.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Credavenue Private Limited India is Sanjutha Dhanasekar as COMPANY SECRETARY. Gopal Srinivasan, Anil Mehta, Kartik Srivatsa, and Seven other members serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, 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
U72900TN2020PTC137251
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Company No.
137251
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
21 Aug 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 Chennai
Industry
What products or services does Credavenue Private Limited offer?
Credavenue Private Limited offers a wide range of products and services, including Home, Auto & Other Loan Services, Loan Service Providers, Business Loan, Corporate Finance & Leasing Advisors, Financial Service.
Who are the key members and board of directors at Credavenue?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kumar Gaurav
|
Managing Director | 21-Aug-2020 | Current |
| Sanjutha Dhanasekar | Company Secretary | 25-Aug-2021 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Vineet Sukumar
|
Director | 21-Aug-2020 | Current |
|
Sakshi Chopra
|
Director | 30-Sep-2021 | Current |
Nikhil Sachdev
|
Director | 06-Mar-2022 | Current |
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Kartik Srivatsa
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Director | 30-Sep-2021 | Current |
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John Day
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Director | 30-Sep-2021 | Current |
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Gopal Srinivasan
|
Director | 30-Sep-2021 | Current |
Financial Performance of Credavenue.
Credavenue Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.05% decrease. The company also saw a substantial fall in profitability, with a 687.22% decrease in profit. The company's net worth observed a substantial decline by a decrease of 17.56%.
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What is the Ownership and Shareholding Structure of Credavenue?
In 2023, Credavenue had a promoter holding of 19.84% and a public holding of 80.16%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Iit Madras Research ParkGopal Srinivasan is a mutual person
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Finnew Solutions Private LimitedKartik Srivatsa is a mutual person
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Muthoot Microfin LimitedJohn Day is a mutual person
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Desiderata Impact Ventures Private LimitedJohn Day is a mutual person
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Credavenue Securities Private LimitedAnup Wadhawan, Vineet Sukumar and 1 more are mutual person
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Chennai International CentreGopal Srinivasan is a mutual person
Charges (Loans)
₹83.75 Cr
₹56.00 Cr
Charges Breakdown by Lending Institutions
- Others : 83.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Apr 2024 | Others | ₹20.00 Cr | Open |
| 02 Jun 2022 | Others | ₹40.00 Cr | Open |
| 06 Dec 2021 | Others | ₹23.75 Cr | Open |
| 20 Aug 2021 | Others | ₹3.00 Cr | Satisfied |
| 10 Aug 2021 | Others | ₹5.00 Cr | Satisfied |
How Many Employees Work at Credavenue?
Credavenue has a workforce of 676 employees as of Sep 19, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Credavenue, 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 Credavenue'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.
