Credo Assets Private Limited

Provides comprehensive services in engineering, construction, property development, and project management.

2014 | Rupnagar, Punjab (India) | Active
Last Updated:

Credo Assets Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.01 Cr
  • Company Age 10 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.70 M
  • Satisfied Charges ₹ 25.00 Cr
  • Revenue Growth 50.76%
  • Profit Growth 5.63%
  • Ebitda -15.24%
  • Net Worth 44.31%
  • Total Assets 11.25%

About Credo Assets

Credo Assets Private Limited (CAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 March 2014 and has a history of Ten years and 11 months. Its registered office is in Rupnagar, Punjab, India.

The Company is engaged in the Real Estate And Construction 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 5.00 Cr and a paid-up capital of Rs 1.01 Cr.

The company currently has active open charges totaling ₹2.70 M. The company has closed loans amounting to ₹25.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Janesh Jindal, Amandeep Singla, and Krishan Kumar serve as directors at the Company.

Company Details

  • Location

    Rupnagar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45402PB2014PTC051344

  • Company No.

    035050

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Mar 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Real Estate and Construction

Who are the key members and board of directors at Credo Assets?

Board Members (3)

NameDesignationAppointment DateStatus
Amandeep Singla Country flag representing In Director 26-Mar-2014Current
Janesh Jindal Country flag representing In Director 16-Oct-2017Current
Krishan Kumar Country flag representing In Director 11-Dec-2020Current

Financial Performance of Credo Assets.

Credo Assets Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50.76% increase. The company also saw a slight improvement in profitability, with a 5.63% increase in profit. The company's net worth Soared by an impressive increase of 44.31%.

Credo Assets revenue growth over time
Credo Assets 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
50.76%
Revenue from Operations
50.23%
Total Assets
11.25%
Profit or Loss
5.63%
Net Worth
44.31%
EBITDA
-15.24%

What is the Ownership and Shareholding Structure of Credo Assets?

In 2023, Credo Assets 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)

Open Charges

₹0.27 Cr

Satisfied Charges

₹25.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.27 Cr

Latest Charge Details

DateLenderAmountStatus
28 Dec 2020Hdfc Bank Limited₹2.70 MOpen
20 Dec 2022Others₹25.00 CrSatisfied

How Many Employees Work at Credo Assets?

Unlock and access historical data on people associated with Credo Assets, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Credo Assets Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Credo Assets, 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 Assets'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 Credo Assets

Recent activity within the organization

  • Charges

    A charge registered on 20 Dec 2022 via Charge ID 100657533 with Others was fully satisfied on 24 Jul 2024.

  • Annual General Meeting

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

  • Balance Sheet

    Credo Assets Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100657533 was registered on 20 Dec 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 100441666 was registered on 28 Dec 2020.

  • Director Appointment

    Krishan Kumar was appointed as a Director was appointed as a Director on 11 Dec 2020 & has been associated with this company since 4 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Credo Assets Private Limited?

    Credo Assets Private Limited was incorporated on 26 Mar 2014.

  • What is authorized share capital and paid-up capital of Credo Assets Private Limited?

    The authorized share capital of Credo Assets Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.01 Cr.

  • Who are the current board members & directors of Credo Assets Private Limited?

    Currently 3 directors are associated with Credo Assets Private Limited.

    • Janesh Jindal
    • Amandeep Singla
    • Krishan Kumar

  • What is the registered address of Credo Assets Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Credo Assets Private Limited is Plot No 1265-C Sector-82 Jlpl Industrial Area, Sas Nagar India, Mohali, Punjab, 140308.

  • What is the corporate identification number (CIN) and company number of Credo Assets Private Limited?

    The corporate identification number (CIN) of Credo Assets Private Limited is U45402PB2014PTC051344 and the company number is 035050 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Credo Assets Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Credo Assets Private Limited has risen by 50.76%.

  • What change has been observed in the net worth of Credo Assets Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Credo Assets Private Limited has experienced an upsurge of 44.31%.

  • What are the total open charges for Credo Assets Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Credo Assets Private Limited amount to ₹ 2.70 M.

  • When was the last Balance Sheet of Credo Assets Private Limited filed with the ROC?

    The most recent Balance Sheet for Credo Assets Private Limited was filed with the ROC on 31 Mar 2023.

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