Credence Family Office Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.60 M
- Company Age 5 Year, 26 Days
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 35.03%
- Profit Growth 197.37%
- Ebitda 68.74%
- Net Worth 35.42%
- Total Assets 22.22%
About Credence Family Office
Credence Family Office Private Limited (CFOPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 January 2020 (Five years 26 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Financial Services 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 1.00 M and a paid-up capital of Rs 0.60 M, as per Ministry of Corporate Affairs (MCA) records.
Mitesh Shah, Chandan Kumar, and Krishnaprasad Ramanathan serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, 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
U74900KA2020PTC131383
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Company No.
131383
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
08 Jan 2020
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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 Bangalore
Industry
Who are the key members and board of directors at Credence Family Office?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mitesh Shah
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Director | 08-Jan-2020 | Current |
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Chandan Kumar
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Director | 11-Sep-2021 | Current |
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Krishnaprasad Ramanathan
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Director | 07-Oct-2021 | Current |
Financial Performance of Credence Family Office.
Credence Family Office Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.03% increase. The company also saw a substantial improvement in profitability, with a 197.37% increase in profit. The company's net worth Soared by an impressive increase of 35.42%.
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What is the Ownership and Shareholding Structure of Credence Family Office?
In 2023, Credence Family Office had a promoter holding of 92.00% and a public holding of 8.00%. The company had 1 Subsidiary. 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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Cosmos Capital Private LimitedMitesh Shah and Chandan Kumar are mutual person
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Credence Wealth Advisors Limited Liabili Ty PartnershipMitesh Shah is a mutual person
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Credence Wealth Private Limited
Mitesh Shah is a mutual person
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Credence North Private Limited
Mitesh Shah is a mutual person
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Candorhub Venture Llp
Krishnaprasad Ramanathan is a mutual person
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Candorhub Advisory Solutions Llp
Krishnaprasad Ramanathan is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Credence Family Office?
Credence Family Office has a workforce of 40 employees as of Apr 07, 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 Credence Family Office, 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 Family Office'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.
