Credencys Solutions Private Limited

Software development company providing e-commerce, education, gaming, and 3D sensor applications, IT services, and recruitment.

2012 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 24, 2024

Credencys Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.10 M
  • Paid Up Capital ₹ 1.70 M
  • Company Age 12 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.66 Cr
  • Revenue Growth 35.21%
  • Profit Growth 49.50%
  • Ebitda 84.33%
  • Net Worth 26.43%
  • Total Assets 102.77%

About Credencys Solutions

Credencys Solutions Private Limited (CSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 June 2012 and has a history of 12 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Bevond Retail Private Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.10 M and a paid-up capital of Rs 1.70 M.

The company currently has active open charges totaling ₹3.66 Cr.

Natasha Agrawal, Sandeep Agrawal, and Sagar Sharma serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900GJ2012PTC070587

  • Company No.

    070587

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jun 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

What products or services does Credencys Solutions Private Limited offer?

Credencys Solutions Private Limited offers a wide range of products and services, including Paper Bags, Gifts & Paper Products, Posters, Marketing Services & Consultants, Marketing Services, Prefabricated Houses & Structures, Portable Cabins, Printing & Binding Services, Advertising Printing Service, Tour Operators and Travel Agents, Travel Service.

Who are the key members and board of directors at Credencys Solutions?

Board Members (3)

Name Designation Appointment Date Status
Sandeep Agrawal Country flag representing In Director 04-Jun-2012 Current
Sagar Sharma Country flag representing In Director 04-Jun-2012 Current
Natasha Agrawal Country flag representing In Director 19-Jan-2013 Current

Financial Performance of Credencys Solutions.

Credencys Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.21% increase. The company also saw a substantial improvement in profitability, with a 49.5% increase in profit. The company's net worth Soared by an impressive increase of 26.43%.

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
35.21%
Revenue from Operations
33.47%
Total Assets
102.77%
Profit or Loss
49.50%
Net Worth
26.43%
EBITDA
84.33%

What is the Ownership and Shareholding Structure of Credencys Solutions?

In 2023, Credencys Solutions had a promoter holding of 91.49% and a public holding of 8.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹36.63 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 3.66 Cr

Latest Charge Details

Date Lender Amount Status
16 Nov 2022 Others ₹2.16 Cr Open
05 Jan 2017 Others ₹1.50 Cr Open

How Many Employees Work at Credencys Solutions?

Credencys Solutions has a workforce of 66 employees as of Jul 20, 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 Credencys Solutions, 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 Credencys Solutions'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 Credencys Solutions

Recent activity within the organization

  • Annual General Meeting

    Credencys Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Credencys Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 21.63 M with Charge ID 100642481 was registered on 16 Nov 2022.

    16 Nov 2022

  • Charges

    A charge with Others amounted to Rs. 15.00 M with Charge ID 100070081 was registered on 05 Jan 2017.

    05 Jan 2017

  • Director Appointment

    Natasha Sandeep Agrawal was appointed as a Director was appointed as a Director on 19 Jan 2013 & has been associated with this company since 12 years 12 days .

    19 Jan 2013

  • Director Appointment

    Sandeep Maheshkumar Agrawal was appointed as a Director was appointed as a Director on 04 Jun 2012 & has been associated with this company since 12 years 7 months .

    04 Jun 2012

Frequently asked questions

  • Credencys Solutions Private Limited was incorporated on 04 Jun 2012.

  • The authorized share capital of Credencys Solutions Private Limited is ₹ 2.10 M and paid-up capital is ₹ 1.70 M.

  • Currently 3 directors are associated with Credencys Solutions Private Limited.

    • Natasha Sandeep Agrawal
    • Sandeep Maheshkumar Agrawal
    • Sagar Krishankumar Sharma
  • As per Ministry of Corporate Affairs (Mca), the registered address of Credencys Solutions Private Limited is 205 Akshat Avenue Rashmi Society Opp. Cross Words Mithakhali, India, Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Credencys Solutions Private Limited is U72900GJ2012PTC070587 and the company number is 070587 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Credencys Solutions Private Limited is https://www.credencys.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Credencys Solutions Private Limited has risen by 35.21%.

  • As Per 2023 financial reports, 66 employees are currently employed by Credencys Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Credencys Solutions Private Limited has experienced an upsurge of 26.43%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Credencys Solutions Private Limited amount to ₹ 3.66 Cr.

  • The most recent Balance Sheet for Credencys Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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