Credence Ecofibre Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 25.00 Cr
- Company Age 3 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 210.00 Cr
- Revenue Growth %
- Profit Growth -417.81%
- Ebitda -409.11%
- Net Worth 8434.60%
- Total Assets 169.40%
About Credence Ecofibre
Credence Ecofibre Private Limited (CEPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 23 September 2021 (Three years and five months 1 days old ). Its registered office is in Surat, Gujarat, India.
The Company is engaged in the Manufacturing 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 25.00 Cr and a paid-up capital of Rs 25.00 Cr.
The company currently has active open charges totaling ₹210.00 Cr.
Kanav Sunder, Sizer Lakhani, and Rajiv Arora serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U37100GJ2021PTC125813
- Company No.
125813
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Sep 2021
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Credence Ecofibre?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kanav Sunder  | Director | 23-Sep-2021 | Current |
| Sizer Lakhani | Director | 23-Sep-2021 | Current |
| Rajiv Arora | Director | 23-Sep-2021 | Current |
Financial Performance of Credence Ecofibre.
Credence Ecofibre Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 417.81% decrease in profit. The company's net worth Soared by an impressive increase of 8434.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue | |||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Credence Ecofibre?
In 2023, Credence Ecofibre had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nakshatra Creations Private LimitedKanav Sunder and Sizer Lakhani are mutual person
R & B Denims LimitedKanav Sunder is a mutual person
Borana Weaves Private LimitedKanav Sunder is a mutual person
- Landmark Agglo Decor Pvt Ltd
Kanav Sunder and Sizer Lakhani are mutual person
Charges (Loans)
₹210.00 Cr
₹0
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 210.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Apr 2023 | Sbicap Trustee Company Limited | ₹105.00 Cr | Open |
| 24 Feb 2023 | Sbicap Trustee Company Limited | ₹105.00 Cr | Open |
How Many Employees Work at Credence Ecofibre?
Unlock and access historical data on people associated with Credence Ecofibre, 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 Ecofibre, 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 Ecofibre'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.