Credright Finance Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 6.55 Cr
- Company Age 6 Year, 17 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 125.44 Cr
- Revenue Growth 2753.46%
- Profit Growth -4136.24%
- Ebitda -1572.04%
- Net Worth 405.12%
- Total Assets 699.43%
About Credright Finance
Credright Finance Private Limited (CFPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 February 2019 (Six years 17 days old ). Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Financial Services 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 7.00 Cr and a paid-up capital of Rs 6.55 Cr.
The company currently has active open charges totaling ₹125.44 Cr.
The Key Managerial Personnel (KMP) at Credright Finance Private Limited India is Chitra Thakwani as COMPANY SECRETARY. Neeraj Bansal, Rupal Sethi, Manish Muralidharan, and One other member serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U65991TG2019PTC130322
- Company No.
130322
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Feb 2019
- Date of AGM
26 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Credright Finance?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Neeraj Bansal  | Managing Director | 06-Feb-2019 | Current |
| Chitra Thakwani | Company Secretary | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mukesh Pande | Director | 29-Dec-2021 | Current |
| Rupal Sethi | Director | 06-Feb-2019 | Current |
| Manish Muralidharan | Director | 06-Feb-2019 | Current |
Financial Performance of Credright Finance.
Credright Finance Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 2753.46% increase. The company also saw a substantial fall in profitability, with a 4136.24% decrease in profit. The company's net worth Soared by an impressive increase of 405.12%.
- 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 Credright Finance?
In 2023, Credright Finance 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)
Credright Private LimitedNeeraj Bansal and Chitra Thakwani are mutual person
Arth Padarth Factors And Finance Private LimitedMukesh Pande is a mutual person
Artfine Consultancy Private LimitedMukesh Pande is a mutual person
K. M. Global Credit Private LimitedMukesh Pande is a mutual person
Charges (Loans)
₹125.44 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 105.44 Cr
- Idbi Trusteeship Services Limited : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2024 | Others | ₹10.00 Cr | Open |
| 26 Mar 2024 | Others | ₹5.00 Cr | Open |
| 21 Mar 2024 | Idbi Trusteeship Services Limited | ₹10.00 Cr | Open |
| 27 Feb 2024 | Others | ₹5.00 Cr | Open |
| 01 Feb 2024 | Others | ₹1.00 Cr | Open |
How Many Employees Work at Credright Finance?
Credright Finance has a workforce of 453 employees as of Apr 07, 2024. 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Credright Finance, 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 Credright Finance'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.
