Credo Advanced Chemicals Profile
Key Indicators
- Authorised Capital ₹ 80.50 Cr
as on 24-06-2024
- Paid Up Capital ₹ 75.00 Cr
as on 24-06-2024
- Company Age 29 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 322.80 Cr
as on 24-06-2024
- Satisfied Charges ₹ 160.20 Cr
as on 24-06-2024
- Revenue 52.88%
(FY 2021)
- Profit -10.61%
(FY 2021)
- Ebitda -39.17%
(FY 2021)
- Net Worth 0.02%
(FY 2021)
- Total Assets 0.55%
(FY 2021)
About Credo Advanced Chemicals
The Corporate was formerly known as Harish Share & Stock Broking Pvt. Ltd.. 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 80.50 Cr and a paid-up capital of Rs 75.00 Cr.
The company currently has active open charges totaling ₹322.80 Cr. The company has closed loans amounting to ₹160.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Credo Advanced Chemicals Limited India are Kirtesh Shah as COMPANY SECRETARY and Krunal Shah as Cfo. Meena Ambani, Rushil Tamboli, Anand Patel, and Four other members serve as directors at the Company.
- CIN/LLPIN
U20119GJ1995PLC064782
- Company No.
064782
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Jun 1995
- Date of AGM
11 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Credo Advanced Chemicals?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kirtesh Shah  | Company Secretary | 01-Feb-2022 | Current |
| Krunal Shah | CFO | 24-Feb-2018 | Current |
| Naman Patel | Managing Director | 01-Apr-2016 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajiv Gandhi | Director | 17-Aug-2023 | Current |
| Meena Ambani | Director | 17-Aug-2023 | Current |
| Rushil Tamboli | Director | 17-Aug-2023 | Current |
| Anand Patel | Director | 01-Apr-2016 | Current |
| Atishe Chordia | Director | 17-Aug-2023 | Current |
| Rakesh Shah | Whole-Time Director | 16-Sep-2009 | Current |
Financial Performance and Corporate Structure Insights of Credo Advanced Chemicals.
Credo Advanced Chemicals Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 52.88% increase. The company also saw a substantial fall in profitability, with a 10.61% decrease in profit. The company's net worth moved up by a moderate rise of 0.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Credo Advanced Chemicals?
In 2021, Credo Advanced Chemicals had a promoter holding of 60.97% and a public holding of 39.04%. The company had 3 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Gujarat Credo Mineral Industries LimitedActive 12 years 9 monthsAnand Patel, Krunal Shah and 1 more are mutual person
Gujarat Credo Alumina Chemicals LimitedActive 8 years 7 monthsMeena Ambani, Rushil Tamboli and 6 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 06 Oct 2023 | ₹40.82 Cr | Open |
Others Creation Date: 29 Jul 2020 | ₹1.60 Cr | Open |
Hdfc Bank Limited Creation Date: 17 Jul 2019 | ₹1.06 Cr | Open |
How Many Employees Work at Credo Advanced Chemicals?
Credo Advanced Chemicals has a workforce of 14 employees as of Mar 28, 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 Credo Advanced Chemicals, 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 Credo Advanced Chemicals'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.
