Credo Assets Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 1.01 Cr
as on 24-10-2024
- Company Age 10 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.70 M
as on 24-10-2024
- Satisfied Charges ₹ 25.00 Cr
as on 24-10-2024
- Revenue 50.76%
(FY 2023)
- Profit 5.63%
(FY 2023)
- Ebitda -15.24%
(FY 2023)
- Net Worth 44.31%
(FY 2023)
- Total Assets 11.25%
(FY 2023)
About Credo Assets
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.
- 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
Company Details
- Location
Rupnagar, Punjab, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Credo Assets?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amandeep Singla  | Director | 26-Mar-2014 | Current |
| Janesh Jindal | Director | 16-Oct-2017 | Current |
| Krishan Kumar | Director | 11-Dec-2020 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Singla Builders And Promoters LimitedActive 16 years 3 monthsAmandeep Singla and Krishan Kumar are mutual person
- South City Promoters & Developers Private LimitedActive 14 years 5 months
Krishan Kumar is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 28 Dec 2020 | ₹2.70 M | Open |
Others Creation Date: 20 Dec 2022 | ₹25.00 Cr | Satisfied |
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.
Deals i
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
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.
