Credence Commerce Industries Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 3.00 M
- Company Age 14 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 5.50 Cr
- Revenue Growth -25.09%
- Profit Growth 218.04%
- Ebitda 295.25%
- Net Worth 201.35%
- Total Assets -5.72%
About Credence Commerce Industries
Credence Commerce Industries Private Limited (CCIPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 May 2010 and has a history of 14 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Credence Agri Commodities Solutions Private Limited. The Company is engaged in the Agriculture 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 5.00 M and a paid-up capital of Rs 3.00 M.
The company has closed loans amounting to ₹5.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Company Details
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Location
Ahmedabad, Gujarat, 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
U51909GJ2010PTC060905
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Company No.
060905
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
26 May 2010
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Credence Commerce Industries Private Limited offer?
Credence Commerce Industries Private Limited offers a wide range of products and services, including Cereals & Food Grains, Basmati Rice, Non Basmati Rice, Cooking Spices and Masala, Seed Spices, Fennel Seed, Peanut, Raw Peanut, Dhaniya, Dhaniya Powder.
Who are the key members and board of directors at Credence Commerce Industries?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nirav Patel
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Director | 26-May-2010 | Current |
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Romi Patel
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Director | 26-May-2010 | Current |
Financial Performance of Credence Commerce Industries.
Credence Commerce Industries Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 25.09% decrease. The company also saw a substantial improvement in profitability, with a 218.04% increase in profit. The company's net worth Soared by an impressive increase of 201.35%.
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What is the Ownership and Shareholding Structure of Credence Commerce Industries?
In 2021, Credence Commerce Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹0
₹55.00 M
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 3.50 Cr
- Hdfc Bank Limited : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2015 | Yes Bank Limited | ₹3.50 Cr | Satisfied |
| 25 Jul 2014 | Hdfc Bank Limited | ₹2.00 Cr | Satisfied |
How Many Employees Work at Credence Commerce Industries?
Unlock and access historical data on people associated with Credence Commerce Industries, 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 Credence Commerce Industries, 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 Credence Commerce Industries'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.
