Credence Rewards Private Limited

Provides gift vouchers, cards, SMS and email services, and webinars for end-users.

2021 | Mumbai, Maharashtra (India) | Active
Last Updated: December 27, 2024

Credence Rewards Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 75.01 K
  • Company Age 3 Year, 8 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 eight 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
  • 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)

NameDesignationAppointment DateStatus
Chhaya Shamani Country flag representing In Director 30-Sep-2024Current
Bhavik Samani Country flag representing In Director 21-May-2021Current
Raju Samani Country flag representing In Director 21-May-2021Current

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%.

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
26.09%
Revenue from Operations
25.99%
Total Assets
80.21%
Profit or Loss
326.37%
Net Worth
412.75%
EBITDA
8162.34%

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.

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 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • 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 4 months 2 days .

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • 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 8 months .

    21 May 2021

  • 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 8 months .

    21 May 2021

  • Company Incorporation

    Credence Rewards Private Limited was registered on 21 May 2021 with Roc Mumbai & aged 3 years 8 months as per MCA records.

    21 May 2021

Frequently asked questions

  • Credence Rewards Private Limited was incorporated on 21 May 2021.

  • The authorized share capital of Credence Rewards Private Limited is ₹ 0.10 M and paid-up capital is ₹ 75.01 K .

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

    • Chhaya Raju Shamani
    • Bhavik Rajubhai Samani
    • Raju Ramji Samani
  • 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.

  • 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).

  • The Official website of Credence Rewards Private Limited is https://www.credencerewards.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Credence Rewards Private Limited has risen by 26.09%.

  • 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%.

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