Credicon Asset Management Profile
Key Indicators
- Authorised Capital ₹ 0.90 M
as on 16-11-2024
- Paid Up Capital ₹ 0.10 M
as on 16-11-2024
- Company Age 27 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 0.46 M
as on 16-11-2024
- Revenue -82.78%
(FY 2023)
- Profit 99.52%
(FY 2023)
- Net Worth -0.77%
(FY 2023)
- Total Assets -0.72%
(FY 2023)
About Credicon Asset Management
The Corporate was formerly known as Amarnath Prasad Associates Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 0.90 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹0.46 M.
Ponduru Prasad and Ajay Vaghul serve as directors at the Company.
- CIN/LLPIN
U67100TG1997PTC027885
- Company No.
027885
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Sep 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- LocationHyderabad-500 034, Telangana
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Credicon Asset Management?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ponduru Prasad  | Director | 10-Aug-2018 | Current |
| Ajay Vaghul | Director | 20-Sep-2024 | Current |
Financial Performance and Corporate Structure Insights of Credicon Asset Management.
Credicon Asset Management Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 82.78% decrease. The company also saw a substantial improvement in profitability, with a 99.52% increase in profit. The company's net worth dipped by a decrease of 0.77%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
What is the Ownership and Shareholding Structure of Credicon Asset Management?
In 2023, Credicon Asset Management had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 20 Feb 2021 | ₹0.46 M | Open |
How Many Employees Work at Credicon Asset Management?
Unlock and access historical data on people associated with Credicon Asset Management, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Credicon Asset Management, 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 Credicon Asset Management'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.
