Credo Advanced Chemicals Limited

Founded in 1995 and headquartered in Gujarat, India.

1995 | Ahmedabad, Gujarat (India) | Active
Last Updated: January 05, 2025

Credo Advanced Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 80.50 Cr
  • Paid Up Capital ₹ 75.00 Cr
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 338.55 Cr
  • Satisfied Charges ₹ 160.20 Cr

About Credo Advanced Chemicals

Credo Advanced Chemicals Limited (CACL) is a Public Limited Indian Non-Government Company incorporated in India on 23 June 1995 and has a history of 29 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Credo Venture Limited. The Company is engaged in the Metals And Minerals 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 80.50 Cr and a paid-up capital of Rs 75.00 Cr.

The company currently has active open charges totaling ₹338.55 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 Krunal Shah as CFO and Kirtesh Shah as Company Secretary. Anand Patel, Meena Ambani, Rajiv Gandhi, and Five other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U20119GJ1995PLC064782

  • Company No.

    064782

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Jun 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals
Financial Services

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

Executive Team (3)

Name Designation Appointment Date Status
Naman Patel Country flag representing In Managing Director 01-Apr-2016 Current
Krunal Shah Country flag representing In CFO 24-Feb-2018 Current
Kirtesh Shah Country flag representing In Company Secretary 01-Feb-2022 Current

Board Members (7)

Name Designation Appointment Date Status
Rajiv Gandhi Country flag representing In Director 17-Aug-2023 Current
Anand Patel Country flag representing In Director 01-Apr-2016 Current
Meena Ambani Country flag representing In Director 17-Aug-2023 Current
Rakesh Shah Country flag representing In Whole-Time Director 16-Sep-2009 Current
Atishe Chordia Country flag representing In Director 17-Aug-2023 Current
Rushil Tamboli Country flag representing In Director 17-Aug-2023 Current

Financial Performance of Credo Advanced Chemicals.

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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Credo Advanced Chemicals?

Unlock access to Credo Advanced Chemicals's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹338.55 Cr

Satisfied Charges

₹160.20 Cr

Charges Breakdown by Lending Institutions

  • Others : 294.55 Cr
  • Hdfc Bank Limited : 44.00 Cr

Latest Charge Details

Date Lender Amount Status
06 Oct 2023 Hdfc Bank Limited ₹40.82 Cr Open
29 Jul 2020 Others ₹1.60 Cr Open
17 Jul 2019 Hdfc Bank Limited ₹1.06 Cr Open
16 Apr 2019 Others ₹80.45 Cr Open
19 Feb 2019 Hdfc Bank Limited ₹3.78 M Open

How Many Employees Work at Credo Advanced Chemicals?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Advanced Chemicals

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Director Appointment

    Pramathesh Ushakant Desai was appointed as a Director was appointed as a Director on 25 Jul 2024 & has been associated with this company since 6 months 15 days .

    25 Jul 2024

  • Balance Sheet

    Credo Advanced Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 80.45 Cr registered on 16 Apr 2019 with Charge ID 100258972 was modified on 07 Mar 2024.

    07 Mar 2024

  • Charges

    A charge with Others of Rs. 212.50 Cr registered on 05 Aug 2017 with Charge ID 100124713 was modified on 07 Mar 2024.

    07 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 40.82 Cr with Charge ID 100804746 was registered on 06 Oct 2023.

    06 Oct 2023

Frequently asked questions

  • Credo Advanced Chemicals Limited was incorporated on 23 Jun 1995.

  • The authorized share capital of Credo Advanced Chemicals Limited is ₹ 80.50 Cr and paid-up capital is ₹ 75.00 Cr.

  • Currently 10 directors are associated with Credo Advanced Chemicals Limited.

    • Anand Anilbhai Patel
    • Meena Ramniklal Ambani
    • Rajiv Dinesh Gandhi
    • Rakesh Sukhraj Shah
    • Atishe Chordia
    • Naman Madhav Patel
    • Rushil Chetanbhai Tamboli
    • Pramathesh Ushakant Desai
    • Krunal Rasiklal Shah
    • Kirtesh Tasvinchandra Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Credo Advanced Chemicals Limited is 305 Third Floor Eye One Opp. Honest Restaurant Near Panchvati Five Roads C . G. Road, India, Ahmedabad, Gujarat, 380006.

  • The corporate identification number (CIN) of Credo Advanced Chemicals Limited is U20119GJ1995PLC064782 and the company number is 064782 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Credo Advanced Chemicals Limited is https://www.credo.co.in

  • As per the financial statements for fiscal Year , The total open charges for Credo Advanced Chemicals Limited amount to ₹ 338.55 Cr.

  • The most recent Balance Sheet for Credo Advanced Chemicals Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Diversified Financial Services