Credo Rare Earths (India) Profile
Key Indicators
- Authorised Capital ₹ 5.10 Cr
- Paid Up Capital ₹ 3.06 Cr
- Company Age 9 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 3.00 Cr
- Revenue Growth %
- Profit Growth -106.36%
- Ebitda 73.29%
- Net Worth -0.17%
- Total Assets -1.91%
About Credo Rare Earths (India)
Credo Rare Earths (India) Private Limited (CREIPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 August 2015 (Nine years and five months 6 days old ). Its registered office is in Ahmadabad City, Gujarat, India.
The Corporate was formerly known as Rocktech Mineral Development (Guj.) Private 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 2023. It's a company limited by shares with an authorized capital of Rs 5.10 Cr and a paid-up capital of Rs 3.06 Cr.
The company has closed loans amounting to ₹3.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Rakesh Shah and Naman Patel serve as directors at the Company.
Company Details
- Location
Ahmadabad City, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U23999GJ2015PTC084337
- Company No.
084337
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Aug 2015
- Date of AGM
15 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Credo Rare Earths (India)?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rakesh Shah  | Director | 09-Mar-2018 | Current |
| Naman Patel | Director | 09-Mar-2018 | Current |
Financial Performance of Credo Rare Earths (India).
Credo Rare Earths (India) Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 106.36% decrease in profit. The company's net worth dipped by a decrease of 0.17%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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 Rare Earths (India)?
In 2023, Credo Rare Earths (India) 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)
Omkareshwar Mines & Minerals Private LimitedNaman Patel is a mutual person
Gujarat Credo Mineral Industries LimitedRakesh Shah is a mutual person
Gujarat Credo Alumina Chemicals LimitedRakesh Shah and Naman Patel are mutual person
Gujarat Apollo Industries LimitedNaman Patel is a mutual person
Zenitech Global Ventures Private LimitedRakesh Shah is a mutual person
- Credo Advanced Chemicals Limited
Rakesh Shah and Naman Patel are mutual person
Charges (Loans)
₹0
₹3.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 May 2019 | Hdfc Bank Limited | ₹3.00 Cr | Satisfied |
How Many Employees Work at Credo Rare Earths (India)?
Unlock and access historical data on people associated with Credo Rare Earths (India), 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 Rare Earths (India), 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 Rare Earths (India)'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.
