Credence Avenues Private Limited

Real estate services provider, established in 2010, based in Hyderabad.

2010 | Hyderabad, Telangana (India) | Active
Last Updated: January 07, 2025

Credence Avenues Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth %
  • Profit Growth -1025.16%
  • Ebitda -1025.16%
  • Net Worth -362.95%
  • Total Assets 856.63%

About Credence Avenues

Credence Avenues Private Limited (CAPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 December 2010 and has a history of 14 years and two months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Real Estate And Construction 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Prakash Chintamaneni, Sridhar Reddy, and Sacheendra Kompalli serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70102TG2010PTC071503

  • Company No.

    071503

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Dec 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Real Estate and Construction

Who are the key members and board of directors at Credence Avenues?

Board Members (3)

Name Designation Appointment Date Status
Prakash Chintamaneni Country flag representing In Director 02-Dec-2010 Current
Sridhar Reddy Country flag representing In Additional Director 16-Dec-2016 Current
Sacheendra Kompalli Country flag representing In Director 24-Jun-2024 Current

Financial Performance of Credence Avenues.

Credence Avenues Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 1025.16% decrease in profit. The company's net worth observed a substantial decline by a decrease of 362.95%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
Revenue from Operations
Total Assets
856.63%
Profit or Loss
-1025.16%
Net Worth
-362.95%
EBITDA
-1025.16%

What is the Ownership and Shareholding Structure of Credence Avenues?

In 2016, Credence Avenues had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Credence Avenues?

Unlock and access historical data on people associated with Credence Avenues, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Credence Avenues, 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 Avenues's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Credence Avenues

Recent activity within the organization

  • Annual General Meeting

    Credence Avenues Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Sacheendra Kompalli was appointed as a Director was appointed as a Director on 24 Jun 2024 & has been associated with this company since 7 months 16 days .

    24 Jun 2024

  • Balance Sheet

    Credence Avenues Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Sridhar Vasi Reddy was appointed as a Additional Director was appointed as a Additional Director on 16 Dec 2016 & has been associated with this company since 8 years 1 month .

    16 Dec 2016

  • Director Appointment

    Prakash Ramaiah Chintamaneni was appointed as a Director was appointed as a Director on 02 Dec 2010 & has been associated with this company since 14 years 2 months .

    02 Dec 2010

  • Company Incorporation

    Credence Avenues Private Limited was registered on 02 Dec 2010 with Roc Hyderabad & aged 14 years 2 months as per MCA records.

    02 Dec 2010

Frequently asked questions

  • Credence Avenues Private Limited was incorporated on 02 Dec 2010.

  • The authorized share capital of Credence Avenues Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Credence Avenues Private Limited.

    • Prakash Ramaiah Chintamaneni
    • Sridhar Vasi Reddy
    • Sacheendra Kompalli
  • As per Ministry of Corporate Affairs (Mca), the registered address of Credence Avenues Private Limited is Flat No.7 Saptagiri Apartments Plot No.15 Srinivasa Nagar Colony West, S.R. India, Hyderabad, Telangana, 500038.

  • The corporate identification number (CIN) of Credence Avenues Private Limited is U70102TG2010PTC071503 and the company number is 071503 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2020 indicates that The net worth of Credence Avenues Private Limited has experienced an downturn of -362.95%.

  • The most recent Balance Sheet for Credence Avenues Private Limited was filed with the ROC on 31 Mar 2024.

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