Credence Chem Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 9 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 23.04 Cr
- Revenue Growth 16.45%
- Profit Growth -29.56%
- Ebitda -23.98%
- Net Worth 21.59%
- Total Assets 34.73%
About Credence Chem
Credence Chem Private Limited (CCPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 March 2015 (Nine years and 11 months 8 days old ). Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Chemicals And Materials 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.
The company currently has active open charges totaling ₹23.04 Cr.
Tusharbhai Vora and Rushin Vora serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U24100GJ2015PTC082693
- Company No.
082693
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Mar 2015
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Chemicals and Materials
What products or services does Credence Chem Private Limited offer?
Credence Chem Private Limited offers a wide range of products and services, including Organic and Inorganic Solvents, Ketones, Industrial Chemicals & Supplies, Liquid Phenol, Alcohol Solvents, Carboxylate Esters, Aromatic Hydrocarbon Solvent, Paints, Wall Putty & Varnishes, Paint Thinners, Insecticides and Pesticides.
Who are the key members and board of directors at Credence Chem?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tusharbhai Vora  | Director | 25-Mar-2015 | Current |
| Rushin Vora | Director | 25-Mar-2015 | Current |
Financial Performance of Credence Chem.
Credence Chem Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.45% increase. The company also saw a substantial fall in profitability, with a 29.56% decrease in profit. The company's net worth Soared by an impressive increase of 21.59%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Credence Chem?
In 2023, Credence Chem had a promoter holding of 99.98% and a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹230.44 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 22.60 Cr
- Hdfc Bank Limited : 0.44 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Feb 2022 | Others | ₹1.79 M | Open |
| 30 Mar 2021 | Others | ₹0.98 M | Open |
| 28 Jan 2021 | Hdfc Bank Limited | ₹0.94 M | Open |
| 19 Oct 2020 | Hdfc Bank Limited | ₹3.50 M | Open |
| 27 Feb 2017 | Others | ₹22.32 Cr | Open |
How Many Employees Work at Credence Chem?
Unlock and access historical data on people associated with Credence Chem, 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 Chem, 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 Chem'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 Credence Chem
Recent activity within the organization
- Annual General Meeting
Credence Chem Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Credence Chem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Others of Rs. 223.24 M registered on 27 Feb 2017 with Charge ID 100079810 was modified on 25 Jan 2023.
- Charges
A charge with Others amounted to Rs. 1.79 M with Charge ID 100545810 was registered on 18 Feb 2022.
- Charges
A charge with Others amounted to Rs. 0.98 M with Charge ID 100438742 was registered on 30 Mar 2021.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.94 M with Charge ID 100412786 was registered on 28 Jan 2021.
Frequently asked questions
What is the Incorporation or founding date of Credence Chem Private Limited?
Credence Chem Private Limited was incorporated on 25 Mar 2015.
What is authorized share capital and paid-up capital of Credence Chem Private Limited?
The authorized share capital of Credence Chem Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Credence Chem Private Limited?
Currently 2 directors are associated with Credence Chem Private Limited.
- Tusharbhai Chimanlal Vora
- Rushin Tusharbhai Vora
What is the registered address of Credence Chem Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Credence Chem Private Limited is 31/A-31/B Xcelon Industrial Park-2 Sarkhej Bavla Village Vasna Chacharwadi Taluka Sanand, India, Ahmedabad, Gujarat, 382213.
What is the corporate identification number (CIN) and company number of Credence Chem Private Limited?
The corporate identification number (CIN) of Credence Chem Private Limited is U24100GJ2015PTC082693 and the company number is 082693 as per Ministry of Corporate Affairs (MCA).
What is the official website of Credence Chem Private Limited?
The Official website of Credence Chem Private Limited is https://www.credencechem.in
What has been the recent revenue trend for Credence Chem Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Credence Chem Private Limited has risen by 16.45%.
What change has been observed in the net worth of Credence Chem Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Credence Chem Private Limited has experienced an upsurge of 21.59%.
What are the total open charges for Credence Chem Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Credence Chem Private Limited amount to ₹ 23.04 Cr.
When was the last Balance Sheet of Credence Chem Private Limited filed with the ROC?
The most recent Balance Sheet for Credence Chem Private Limited was filed with the ROC on 31 Mar 2024.