Credence Rewards Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 75.01 K
- Company Age 3 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 26.09%
- Profit Growth 326.37%
- Ebitda 8162.34%
- Net Worth 412.75%
- Total Assets 80.21%
About Credence Rewards
Credence Rewards Private Limited (CRPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 May 2021 (Three years and nine months 11 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the E-Commerce 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 75.01 K , as per Ministry of Corporate Affairs (MCA) records.
Chhaya Shamani, Bhavik Samani, and Raju Samani serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74999MH2021PTC360779
- Company No.
360779
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 May 2021
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
E-Commerce
What products or services does Credence Rewards Private Limited offer?
Credence Rewards Private Limited offers a wide range of products and services, including Banks and Banking Services, Banking Service, Greeting & Invitation Cards, Gift Cards, Corporate & Business Gifts, Corporate Gifts.
Who are the key members and board of directors at Credence Rewards?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chhaya Shamani  | Director | 30-Sep-2024 | Current |
| Bhavik Samani | Director | 21-May-2021 | Current |
| Raju Samani | Director | 21-May-2021 | Current |
Financial Performance of Credence Rewards.
Credence Rewards Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.09% increase. The company also saw a substantial improvement in profitability, with a 326.37% increase in profit. The company's net worth Soared by an impressive increase of 412.75%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Credence Rewards?
In 2023, Credence Rewards 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)
There are no open charges registered against the company as per our records.
How Many Employees Work at Credence Rewards?
Credence Rewards has a workforce of 0 employees as of Apr 08, 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 Rewards, 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 Rewards'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 Rewards
Recent activity within the organization
- Annual General Meeting
Credence Rewards Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Chhaya Raju Shamani was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 5 months 1 day .
- Balance Sheet
Credence Rewards Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Bhavik Rajubhai Samani was appointed as a Director was appointed as a Director on 21 May 2021 & has been associated with this company since 3 years 9 months .
- Director Appointment
Raju Ramji Samani was appointed as a Director was appointed as a Director on 21 May 2021 & has been associated with this company since 3 years 9 months .
- Company Incorporation
Credence Rewards Private Limited was registered on 21 May 2021 with Roc Mumbai & aged 3 years 9 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Credence Rewards Private Limited?
Credence Rewards Private Limited was incorporated on 21 May 2021.
What is authorized share capital and paid-up capital of Credence Rewards Private Limited?
The authorized share capital of Credence Rewards Private Limited is ₹ 0.10 M and paid-up capital is ₹ 75.01 K .
Who are the current board members & directors of Credence Rewards Private Limited?
Currently 3 directors are associated with Credence Rewards Private Limited.
- Chhaya Raju Shamani
- Bhavik Rajubhai Samani
- Raju Ramji Samani
What is the registered address of Credence Rewards Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Credence Rewards Private Limited is 506 5Th Floor C Wing Neelkanth Business Park Kirol Village Vidyavihar (W), India, Mumbai, Maharashtra, 400086.
What is the corporate identification number (CIN) and company number of Credence Rewards Private Limited?
The corporate identification number (CIN) of Credence Rewards Private Limited is U74999MH2021PTC360779 and the company number is 360779 as per Ministry of Corporate Affairs (MCA).
What is the official website of Credence Rewards Private Limited?
The Official website of Credence Rewards Private Limited is https://www.credencerewards.com
What has been the recent revenue trend for Credence Rewards Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Credence Rewards Private Limited has risen by 26.09%.
What change has been observed in the net worth of Credence Rewards Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Credence Rewards Private Limited has experienced an upsurge of 412.75%.
When was the last Balance Sheet of Credence Rewards Private Limited filed with the ROC?
The most recent Balance Sheet for Credence Rewards Private Limited was filed with the ROC on 31 Mar 2024.