Credo Brands Marketing Limited

Creates and sells men's fashion garments and accessories through online platform.

1999 | Andheri, Maharashtra (India) | Active
Last Updated:

Credo Brands Marketing Profile

Key Indicators

  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 12.90 Cr
  • Company Age 25 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 93.83 Cr
  • Satisfied Charges ₹ 125.48 Cr
  • Revenue Growth 44.10%
  • Profit Growth 129.48%
  • Ebitda 73.77%
  • Net Worth 19.32%
  • Total Assets 20.68%

About Credo Brands Marketing

Credo Brands Marketing Limited (CBML) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 April 1999 and has a history of 25 years and ten months. Its registered office is in Andheri, Maharashtra, India.

The Company is engaged in the Fashion And Accessories 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 14.00 Cr and a paid-up capital of Rs 12.90 Cr.

The company currently has active open charges totaling ₹93.83 Cr. The company has closed loans amounting to ₹125.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Credo Brands Marketing Limited India are Rasik Mittal as CFO and Sanjay Mutha as Company Secretary. Ramona Jogeshwar, Amer Jaleel, Poonam Khushlani, and Three other members serve as directors at the Company.

Company Details

  • Location

    Andheri, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    credobrands.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101MH1999PLC119669

  • Company No.

    119669

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Apr 1999

  • Date of AGM

    14 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Fashion and Accessories

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

Executive Team (3)

NameDesignationAppointment DateStatus
Sanjay Mutha Country flag representing In Company Secretary07-Apr-2023Current
Rasik Mittal CFO07-Apr-2023Current
Kamal Khushlani Country flag representing In Managing Director29-Apr-1999Current

Board Members (5)

NameDesignationAppointment DateStatus
Ramona Jogeshwar Country flag representing In Director 09-May-2023Current
Amer Jaleel Country flag representing In Director 05-Nov-2020Current
Poonam Khushlani Country flag representing In Whole-Time Director 29-Apr-1999Current
Paresh Bambolkar Country flag representing In Director 09-May-2023Current
Manoj Nakra Country flag representing In Director 09-May-2023Current

Financial Performance of Credo Brands Marketing.

Credo Brands Marketing Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.1% increase. The company also saw a substantial improvement in profitability, with a 129.48% increase in profit. The company's net worth Soared by an impressive increase of 19.32%.

Credo Brands Marketing revenue growth over time
Credo Brands Marketing 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
44.10%
Revenue from Operations
46.02%
Total Assets
20.68%
Profit or Loss
129.48%
Net Worth
19.32%
EBITDA
73.77%

What is the Ownership and Shareholding Structure of Credo Brands Marketing?

In 2023, Credo Brands Marketing had a promoter holding of 62.87% and a public holding of 37.13%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹93.83 Cr

Satisfied Charges

₹125.48 Cr

Charges Breakdown by Lending Institutions

  • Others : 34.83 Cr
  • Yes Bank Limited : 23.00 Cr
  • Axis Bank Limited : 20.00 Cr
  • Hdfc Bank Limited : 16.00 Cr

Latest Charge Details

DateLenderAmountStatus
04 Nov 2023Others₹1.83 CrOpen
30 Jan 2023Hdfc Bank Limited₹16.00 CrOpen
28 Sep 2015Yes Bank Limited₹23.00 CrOpen
18 Feb 2012Others₹33.00 CrOpen
29 Sep 2009Axis Bank Limited₹20.00 CrOpen

How Many Employees Work at Credo Brands Marketing?

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

Employee growth trends for Credo Brands Marketing Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.83 Cr with Charge ID 100817418 was registered on 04 Nov 2023.

  • Annual General Meeting

    Credo Brands Marketing Limited last Annual general meeting of members was held on 14 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 16.00 Cr registered on 30 Jan 2023 with Charge ID 100672393 was modified on 12 Jun 2023.

  • Director Appointment

    Manoj Nakra was appointed as a Director was appointed as a Director on 09 May 2023 & has been associated with this company since 1 year 9 months .

  • Director Appointment

    Ramona Haresh Jogeshwar was appointed as a Director was appointed as a Director on 09 May 2023 & has been associated with this company since 1 year 9 months .

  • Director Appointment

    Rasik Anandbehari Mittal was appointed as a Cfo was appointed as a Cfo on 07 Apr 2023 & has been associated with this company since 1 year 10 months .

Frequently asked questions

  • What is the Incorporation or founding date of Credo Brands Marketing Limited?

    Credo Brands Marketing Limited was incorporated on 29 Apr 1999.

  • What is authorized share capital and paid-up capital of Credo Brands Marketing Limited?

    The authorized share capital of Credo Brands Marketing Limited is ₹ 14.00 Cr and paid-up capital is ₹ 12.90 Cr.

  • Who are the current board members & directors of Credo Brands Marketing Limited?

    Currently 8 directors are associated with Credo Brands Marketing Limited.

    • Rasik Anandbehari Mittal
    • Ramona Haresh Jogeshwar
    • Amer Inayat Jaleel
    • Poonam Khushlani
    • Kamal D Khushlani
    • Paresh Vasant Bambolkar
    • Manoj Nakra
    • Sanjay Kumar Mutha

  • What is the registered address of Credo Brands Marketing Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Credo Brands Marketing Limited is B 8 Midc Central Road Marol Next To Midc Police Station Andheri (E), Maharashtra, India, 400093.

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

    The corporate identification number (CIN) of Credo Brands Marketing Limited is U18101MH1999PLC119669 and the company number is 119669 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Credo Brands Marketing Limited?

    The Official website of Credo Brands Marketing Limited is https://www.credobrands.in

  • What has been the recent revenue trend for Credo Brands Marketing Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Credo Brands Marketing Limited has risen by 44.10%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Credo Brands Marketing Limited has experienced an upsurge of 19.32%.

  • What are the total open charges for Credo Brands Marketing Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Credo Brands Marketing Limited amount to ₹ 93.83 Cr.

  • When was the last Balance Sheet of Credo Brands Marketing Limited filed with the ROC?

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