Crmit Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 17-11-2024
- Paid Up Capital ₹ 5.30 M
as on 17-11-2024
- Company Age 21 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.50 Cr
as on 17-11-2024
- Satisfied Charges ₹ 4.99 Cr
as on 17-11-2024
- Revenue 34.42%
(FY 2023)
- Profit 57.50%
(FY 2023)
- Ebitda 61.00%
(FY 2023)
- Net Worth 38.37%
(FY 2023)
- Total Assets 36.64%
(FY 2023)
About Crmit Solutions
The Corporate was formerly known as Infact Infotech India Private Limited. The Company is engaged in the Information Technology 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 1.00 Cr and a paid-up capital of Rs 5.30 M.
The company currently has active open charges totaling ₹1.50 Cr. The company has closed loans amounting to ₹4.99 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vishal Narapareddy, Shalini Reddy, and Vinod Narapareddy serve as directors at the Company.
- CIN/LLPIN
U72900KA2003PTC032570
- Company No.
032570
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Sep 2003
- Date of AGM
07 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Crmit Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinod Narapareddy  | Managing Director | 16-Jun-2004 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vishal Narapareddy | Director | 31-Aug-2024 | Current |
Shalini Reddy  | Director | 09-Aug-2010 | Current |
Financial Performance of Crmit Solutions.
Crmit Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.42% increase. The company also saw a substantial improvement in profitability, with a 57.5% increase in profit. The company's net worth Soared by an impressive increase of 38.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (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 Crmit Solutions?
In 2023, Crmit Solutions had a promoter holding of 50.46% and a public holding of 49.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Crm Infotek India Private LimitedActive 17 years 10 monthsShalini Reddy and Vinod Narapareddy are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 30 Mar 2023 | ₹1.50 Cr | Open |
Citi Bank N.A. Creation Date: 18 Feb 2019 | ₹1.50 Cr | Satisfied |
Hdfc Bank Limited Creation Date: 29 Jan 2018 | ₹9.90 M | Satisfied |
How Many Employees Work at Crmit Solutions?
Crmit Solutions has a workforce of 201 employees as of Apr 09, 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 Crmit Solutions, 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 Crmit Solutions'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.
