Credible Engineering Construction Projects Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 12.65 Cr
- Company Age 25 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 90.06 Cr
- Satisfied Charges ₹ 81.35 Cr
- Revenue Growth 78.20%
- Profit Growth 94.37%
- Ebitda 36.56%
- Net Worth 8.24%
- Total Assets 4.02%
About Credible Engineering Construction Projects
Credible Engineering Construction Projects Limited (CECPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 November 1999 and has a history of 25 years and four months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Credible Engineering Construction Projects Private Limited. The Company is engaged in the Infrastructure And Utilities 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 15.00 Cr and a paid-up capital of Rs 12.65 Cr.
The company currently has active open charges totaling ₹90.06 Cr. The company has closed loans amounting to ₹81.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Credible Engineering Construction Projects Limited India are Shrey Ghosal as COMPANY SECRETARY and Suresh Golla as Cfo. Divya Medikonda, Ramakoteswara Kommalapati, Umakantha Hari, and Two other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40109TG1999PLC032786
- Company No.
032786
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
02 Nov 1999
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Infrastructure and Utilities
Who are the key members and board of directors at Credible Engineering Construction Projects?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shrey Ghosal  | Company Secretary | 01-Aug-2019 | Current |
| Suresh Golla | CFO | 10-Apr-2019 | Current |
| Visweswara Medikonda | Managing Director | 02-Nov-1999 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Umakantha Hari | Director | 01-Oct-2014 | Current |
| Divya Medikonda | Whole-Time Director | 04-Jun-2022 | Current |
| Ramakoteswara Kommalapati | Director | 31-Jul-2021 | Current |
| Medikonda Padmavathi | Whole-Time Director | 02-Nov-1999 | Current |
Financial Performance of Credible Engineering Construction Projects.
Credible Engineering Construction Projects Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 78.2% increase. The company also saw a substantial improvement in profitability, with a 94.37% increase in profit. The company's net worth moved up by a moderate rise of 8.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Credible Engineering Construction Projects?
In 2023, Credible Engineering Construction Projects had a promoter holding of 84.18% and a public holding of 15.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Samagra Athidhyam LlpDivya Medikonda is a mutual person
- Vidit Infratech Private Limited
Visweswara Medikonda is a mutual person
Charges (Loans)
Open Charges
₹90.06 Cr
Satisfied Charges
₹81.35 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 41.30 Cr
- Icici Bank Limited : 29.47 Cr
- Axis Bank Limited : 12.00 Cr
- Others : 4.56 Cr
- Reliance Capital Ltd : 2.73 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Feb 2024 | Axis Bank Limited | ₹3.22 Cr | Open |
| 19 Sep 2023 | Axis Bank Limited | ₹5.34 Cr | Open |
| 24 Aug 2023 | Axis Bank Limited | ₹2.50 M | Open |
| 14 Jul 2023 | Hdfc Bank Limited | ₹1.16 Cr | Open |
| 14 Jul 2023 | Axis Bank Limited | ₹6.03 M | Open |
How Many Employees Work at Credible Engineering Construction Projects?
Credible Engineering Construction Projects has a workforce of 116 employees as of Apr 10, 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 Credible Engineering Construction Projects, 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 Credible Engineering Construction Projects'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 Credible Engineering Construction Projects
Recent activity within the organization
- Charges
A charge registered on 07 May 2019 via Charge ID 100259578 with Hdfc Bank Limited was fully satisfied on 06 Apr 2024.
- Charges
A charge with Axis Bank Limited amounted to Rs. 3.22 Cr with Charge ID 100877004 was registered on 15 Feb 2024.
- Annual General Meeting
Credible Engineering Construction Projects Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Axis Bank Limited amounted to Rs. 5.34 Cr with Charge ID 100794187 was registered on 19 Sep 2023.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100773129 was registered on 24 Aug 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.16 Cr with Charge ID 100750688 was registered on 14 Jul 2023.
Frequently asked questions
What is the Incorporation or founding date of Credible Engineering Construction Projects Limited?
Credible Engineering Construction Projects Limited was incorporated on 02 Nov 1999.
What is authorized share capital and paid-up capital of Credible Engineering Construction Projects Limited?
The authorized share capital of Credible Engineering Construction Projects Limited is ₹ 15.00 Cr and paid-up capital is ₹ 12.65 Cr.
Who are the current board members & directors of Credible Engineering Construction Projects Limited?
Currently 7 directors are associated with Credible Engineering Construction Projects Limited.
- Shrey Ghosal
- Divya Medikonda
- Ramakoteswara Rao Kommalapati
- Suresh Golla
- Umakantha Rao Hari
- Medikonda Padmavathi
- Visweswara Rao Medikonda
What is the registered address of Credible Engineering Construction Projects Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Credible Engineering Construction Projects Limited is Plot No.32 Street No.2 Sagar Society Road No.2 Banjara Hills, Hyderabad, Telangana, India, 500034.
What is the corporate identification number (CIN) and company number of Credible Engineering Construction Projects Limited?
The corporate identification number (CIN) of Credible Engineering Construction Projects Limited is U40109TG1999PLC032786 and the company number is 032786 as per Ministry of Corporate Affairs (MCA).
What is the official website of Credible Engineering Construction Projects Limited?
The Official website of Credible Engineering Construction Projects Limited is https://www.credibleengineering.in
What has been the recent revenue trend for Credible Engineering Construction Projects Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Credible Engineering Construction Projects Limited has risen by 78.20%.
How many employees does Credible Engineering Construction Projects Limited currently have?
As Per 2023 financial reports, 116 employees are currently employed by Credible Engineering Construction Projects Limited.
What change has been observed in the net worth of Credible Engineering Construction Projects Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Credible Engineering Construction Projects Limited has experienced an upsurge of 8.24%.
What are the total open charges for Credible Engineering Construction Projects Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Credible Engineering Construction Projects Limited amount to ₹ 90.06 Cr.
When was the last Balance Sheet of Credible Engineering Construction Projects Limited filed with the ROC?
The most recent Balance Sheet for Credible Engineering Construction Projects Limited was filed with the ROC on 31 Mar 2023.
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