Credo Life Sciences Private Limited

Produces various types of pharmaceutical pellets and granules with large production capacity.

2014 | Hyderabad, Telangana (India) | Active
Last Updated: February 06, 2025

Credo Life Sciences Profile

Key Indicators

  • Authorised Capital ₹ 15.50 Cr
  • Paid Up Capital ₹ 13.50 Cr
  • Company Age 10 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 29.54 Cr
  • Revenue Growth 22.08%
  • Profit Growth 87.64%
  • Ebitda 69.22%
  • Net Worth 35.06%
  • Total Assets 9.08%

About Credo Life Sciences

Credo Life Sciences Private Limited (CLSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 July 2014 and has a history of Ten years and seven months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Pharma Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 15.50 Cr and a paid-up capital of Rs 13.50 Cr.

The company currently has active open charges totaling ₹29.54 Cr.

Siva Aluru, Aluru Krishna, and Kandru Madhavarao serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    credolife.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24232TG2014PTC112849

  • Company No.

    112849

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jul 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Pharma

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

Executive Team (1)

NameDesignationAppointment DateStatus
Siva Aluru Country flag representing In Managing Director03-Jul-2014Current

Board Members (2)

NameDesignationAppointment DateStatus
Aluru Krishna Country flag representing In Director 03-Jul-2014Current
Kandru Madhavarao Country flag representing In Director 01-Apr-2015Current

Financial Performance of Credo Life Sciences.

Credo Life Sciences Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 22.08% increase. The company also saw a substantial improvement in profitability, with a 87.64% increase in profit. The company's net worth Soared by an impressive increase of 35.06%.

Graph illustrating revenue growth over time
Graph showing 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
22.08%
Revenue from Operations
22.20%
Total Assets
9.08%
Profit or Loss
87.64%
Net Worth
35.06%
EBITDA
69.22%

What is the Ownership and Shareholding Structure of Credo Life Sciences?

In 2024, Credo Life Sciences had a promoter holding of 84.17% and a public holding of 15.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹29.54 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 29.19 Cr
  • Hdfc Bank Limited : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
18 Nov 2024Indian Bank₹2.15 CrOpen
03 Jan 2023Hdfc Bank Limited₹3.50 MOpen
31 Oct 2016Indian Bank₹27.04 CrOpen

How Many Employees Work at Credo Life Sciences?

Credo Life Sciences has a workforce of 204 employees as of Feb 06, 2025. 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Indian Bank amounted to Rs. 2.15 Cr with Charge ID 101010188 was registered on 18 Nov 2024.

    18 Nov 2024

  • Annual General Meeting

    Credo Life Sciences Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Indian Bank of Rs. 27.04 Cr registered on 31 Oct 2016 with Charge ID 100068549 was modified on 29 Jul 2024.

    29 Jul 2024

  • Balance Sheet

    Credo Life Sciences Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100696697 was registered on 03 Jan 2023.

    03 Jan 2023

  • Charges

    A charge with Indian Bank amounted to Rs. 27.04 Cr with Charge ID 100068549 was registered on 31 Oct 2016.

    31 Oct 2016

Frequently asked questions

  • Credo Life Sciences Private Limited was incorporated on 03 Jul 2014.

  • The authorized share capital of Credo Life Sciences Private Limited is ₹ 15.50 Cr and paid-up capital is ₹ 13.50 Cr.

  • Currently 3 directors are associated with Credo Life Sciences Private Limited.

    • Siva Rama Prasad Aluru
    • Aluru Vamsi Krishna
    • Kandru Madhavarao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Credo Life Sciences Private Limited is Flat No. 1101 Vasavi Sky City. 11Th Floor Tower-1 Telecom Nagar, Gachibowli India, Shaikpet, Telangana, 500081.

  • The corporate identification number (CIN) of Credo Life Sciences Private Limited is U24232TG2014PTC112849 and the company number is 112849 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Credo Life Sciences Private Limited is https://www.credolife.in

  • According to the financial reports for the fiscal year 2024, the revenue trend for Credo Life Sciences Private Limited has risen by 22.08%.

  • As Per 2024 financial reports, 204 employees are currently employed by Credo Life Sciences Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Credo Life Sciences Private Limited has experienced an upsurge of 35.06%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Credo Life Sciences Private Limited amount to ₹ 29.54 Cr.

  • The most recent Balance Sheet for Credo Life Sciences Private Limited was filed with the ROC on 31 Mar 2024.