Credright Private Limited

Technology-driven company providing credit solutions for underserved micro and small businesses.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: December 25, 2024

Credright Profile

Key Indicators

  • Authorised Capital ₹ 3.68 M
  • Paid Up Capital ₹ 2.98 M
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 125.08 Cr
  • Satisfied Charges ₹ 2.25 Cr
  • Revenue Growth 217.92%
  • Profit Growth -18.09%
  • Ebitda -31.67%
  • Net Worth 155.30%
  • Total Assets 93.22%

About Credright

Credright Private Limited (CPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 24 May 2016 (Eight years and eight months 8 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Internet 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 3.68 M and a paid-up capital of Rs 2.98 M.

The company currently has active open charges totaling ₹125.08 Cr. The company has closed loans amounting to ₹2.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Credright Private Limited India are Chitra Thakwani as COMPANY SECRETARY and Neeraj Bansal as Ceo. Govind Sankaranarayanan, Sunil Goyal, Vineet Jawa, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U65999KA2016PTC093535

  • Company No.

    093535

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 May 2016

  • Date of AGM

    22 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Internet

Who are the key members and board of directors at Credright?

Executive Team (2)

NameDesignationAppointment DateStatus
Neeraj Bansal Country flag representing In Managing Director24-May-2016Current
Chitra Thakwani Country flag representing In Company Secretary11-Jul-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Vineet Jawa Country flag representing Ca Director 24-May-2016Current
Govind Sankaranarayanan Country flag representing In Director 07-Jul-2020Current
Sunil Goyal Country flag representing In Director 18-May-2018Current

Financial Performance of Credright.

Credright Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 217.92% increase. The company also saw a substantial fall in profitability, with a 18.09% decrease in profit. The company's net worth Soared by an impressive increase of 155.3%.

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
217.92%
Revenue from Operations
202.05%
Total Assets
93.22%
Profit or Loss
-18.09%
Net Worth
155.30%
EBITDA
-31.67%

What is the Ownership and Shareholding Structure of Credright?

In 2021, Credright had a promoter holding of 71.55% and a public holding of 28.44%. 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

₹1,250.80 M

Satisfied Charges

₹22.50 M

Charges Breakdown by Lending Institutions

  • Others : 104.53 Cr
  • Idbi Trusteeship Services Limited : 20.00 Cr
  • Dmi Finance Private Limited : 0.55 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jul 2024Others₹15.00 CrOpen
28 Mar 2024Others₹10.00 CrOpen
21 Mar 2024Idbi Trusteeship Services Limited₹10.00 CrOpen
28 Dec 2023Others₹5.00 CrOpen
30 Nov 2023Others₹5.00 CrOpen

How Many Employees Work at Credright?

Credright has a workforce of 23 employees as of Mar 28, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Credright, 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'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 Credright

Recent activity within the organization

  • Director Appointment

    Neeraj Bansal was appointed as a Ceo was appointed as a Ceo on 14 Nov 2024 & has been associated with this company since 2 months 18 days .

    14 Nov 2024

  • Annual General Meeting

    Credright Private Limited last Annual general meeting of members was held on 22 Aug 2024 as per latest MCA records.

    22 Aug 2024

  • Charges

    A charge with Others amounted to Rs. 150.00 M with Charge ID 100952839 was registered on 30 Jul 2024.

    30 Jul 2024

  • Charges

    A charge registered on 17 Feb 2023 via Charge ID 100726852 with Others was fully satisfied on 28 May 2024.

    28 May 2024

  • Balance Sheet

    Credright Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 100.00 M with Charge ID 100905142 was registered on 28 Mar 2024.

    28 Mar 2024

Frequently asked questions

  • Credright Private Limited was incorporated on 24 May 2016.

  • The authorized share capital of Credright Private Limited is ₹ 3.68 M and paid-up capital is ₹ 2.98 M.

  • Currently 6 directors are associated with Credright Private Limited.

    • Govind Sankaranarayanan
    • Sunil Kumar Goyal
    • Vineet Jawa
    • Neeraj Bansal
    • Chitra Thakwani
    • Neeraj Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Credright Private Limited is No.19 Shivdarshan Apartment 80 Infantry Road, Shivajinagar India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Credright Private Limited is U65999KA2016PTC093535 and the company number is 093535 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Credright Private Limited is https://www.credright.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Credright Private Limited has risen by 217.92%.

  • As Per 2022 financial reports, 23 employees are currently employed by Credright Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Credright Private Limited has experienced an upsurge of 155.30%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Credright Private Limited amount to ₹ 125.08 Cr.

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

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