Cresurge Private Limited

Sells musical instruments through e-commerce, retail, and wholesale channels.

2015 | Bangalore, Karnataka (India) | Active
Last Updated:

Cresurge Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.26 Cr
  • Revenue Growth 21.02%
  • Profit Growth 19.03%
  • Ebitda 7.14%
  • Net Worth 54.83%
  • Total Assets 5.74%

About Cresurge

Cresurge Private Limited (CPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 July 2015 (Nine years and eight months 29 days old ). Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Cresurge E-Business Solutions Private Limited. The Company is engaged in the Manufacturing 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹7.26 Cr.

Sidharth Jhunjhunwala, Yash Gupta, and Jagadeesha Nagaraju serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900KA2015PTC081538

  • Company No.

    081538

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jul 2015

  • Date of AGM

    30 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Cresurge Private Limited offer?

Cresurge Private Limited offers a wide range of products and services, including Contan, Second Hand And Used Drums, Mus Instru, Marching Drum, Hydraulic Lifting, Cable Jacks, Fastfood Beverage Machines, Flavoring Drum, Multiutility Bags Cases, Flight Case.

Company report

Cresurge Private Limited

Explore comprehensive data for Cresurge Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Sidharth Jhunjhunwala Country flag representing In Director 13-Jul-2015Current
Yash Gupta Country flag representing In Director 12-Oct-2020Current
Jagadeesha Nagaraju Country flag representing In Director 28-Nov-2018Current

Financial Performance of Cresurge.

Cresurge Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.02% increase. The company also saw a substantial improvement in profitability, with a 19.03% increase in profit. The company's net worth Soared by an impressive increase of 54.83%.

Cresurge revenue growth over time
Cresurge 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
21.02%
Revenue from Operations
20.53%
Total Assets
5.74%
Profit or Loss
19.03%
Net Worth
54.83%
EBITDA
7.14%

What is the Ownership and Shareholding Structure of Cresurge?

In 2023, Cresurge had a promoter holding of 100.00%. 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

₹72.60 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 6.39 Cr
  • Axis Bank Limited : 0.77 Cr
  • Hdfc Bank Limited : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
15 Feb 2024Axis Bank Limited₹7.70 MOpen
08 Sep 2023Others₹4.00 CrOpen
01 Feb 2023Others₹1.40 MOpen
25 Aug 2021Others₹2.25 CrOpen
23 Dec 2020Hdfc Bank Limited₹1.00 MOpen

How Many Employees Work at Cresurge?

Cresurge has a workforce of 15 employees as of Apr 04, 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.

Employee growth trends for Cresurge Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 7.70 M with Charge ID 100925029 was registered on 15 Feb 2024.

  • Annual General Meeting

    Cresurge Private Limited last Annual general meeting of members was held on 30 Nov 2023 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 40.00 M with Charge ID 100786220 was registered on 08 Sep 2023.

  • Balance Sheet

    Cresurge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge with Others amounted to Rs. 1.40 M with Charge ID 100710850 was registered on 01 Feb 2023.

  • Charges

    A charge with Others amounted to Rs. 22.50 M with Charge ID 100498178 was registered on 25 Aug 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Cresurge Private Limited?

    Cresurge Private Limited was incorporated on 13 Jul 2015.

  • What is authorized share capital and paid-up capital of Cresurge Private Limited?

    The authorized share capital of Cresurge Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Cresurge Private Limited?

    Currently 3 directors are associated with Cresurge Private Limited.

    • Sidharth Jhunjhunwala
    • Yash Gupta
    • Jagadeesha Nagaraju
  • What is the registered address of Cresurge Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Cresurge Private Limited is Property No. 2 3 Manandi Plaza, St. Marks Road India, Bangalore, Karnataka, 560001.

  • What is the corporate identification number (CIN) and company number of Cresurge Private Limited?

    The corporate identification number (CIN) of Cresurge Private Limited is U74900KA2015PTC081538 and the company number is 081538 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Cresurge Private Limited?

    The Official website of Cresurge Private Limited is https://www.kadence.in

  • What has been the recent revenue trend for Cresurge Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Cresurge Private Limited has risen by 21.02%.

  • How many employees does Cresurge Private Limited currently have?

    As Per 2023 financial reports, 15 employees are currently employed by Cresurge Private Limited.

  • What change has been observed in the net worth of Cresurge Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Cresurge Private Limited has experienced an upsurge of 54.83%.

  • What are the total open charges for Cresurge Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Cresurge Private Limited amount to ₹ 7.26 Cr.

  • When was the last Balance Sheet of Cresurge Private Limited filed with the ROC?

    The most recent Balance Sheet for Cresurge Private Limited was filed with the ROC on 31 Mar 2023.

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