Incred Asset Management Profile
Key Indicators
- Authorised Capital ₹ 33.00 Cr
- Paid Up Capital ₹ 33.00 Cr
- Company Age 6 Year, 5 Days
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 388.38%
- Profit Growth -50.64%
- Ebitda -59.09%
- Net Worth 30.07%
- Total Assets -24.69%
About Incred Asset Management
Incred Asset Management Private Limited (IAMPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 March 2019 (Six years 5 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Incred Capital Investment Advisors And Managers Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 33.00 Cr and a paid-up capital of Rs 33.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Incred Asset Management Private Limited India are Prince Gupta as CFO and Kunal Sharma as Company Secretary. Kamlesh Dangi, Aditya Sood, and Aditya Khemka serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999MH2019PTC322093
- Company No.
322093
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Mar 2019
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Incred Asset Management?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Prince Gupta | CFO | 18-Jan-2025 | Current |
| Kunal Sharma | Company Secretary | 19-Nov-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kamlesh Dangi  | Additional Director | 06-Jan-2025 | Current |
| Aditya Sood | Whole-Time Director | 30-Aug-2023 | Current |
| Aditya Khemka | Whole-Time Director | 07-May-2024 | Current |
Financial Performance of Incred Asset Management.
Incred Asset Management Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 388.38% increase. The company also saw a substantial fall in profitability, with a 50.64% decrease in profit. The company's net worth Soared by an impressive increase of 30.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Incred Asset Management?
In 2023, Incred Asset Management 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)
Incred Wealth Private LimitedKamlesh Dangi is a mutual person
- Incred Value Plus Private Limited
Kamlesh Dangi is a mutual person
- Booth Fintech Private Limited
Kamlesh Dangi is a mutual person
- Incred Prime Finance Limited
Kamlesh Dangi is a mutual person
- Incred Capital Wealth Portfolio Managers Private Limited
Kamlesh Dangi is a mutual person
Vishuddha Capital Management LlpKamlesh Dangi is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Incred Asset Management?
Incred Asset Management has a workforce of 23 employees as of Mar 30, 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 Incred Asset Management, 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 Incred Asset Management'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.
Latest Updates, News, and FAQs on Incred Asset Management
Recent activity within the organization
- Director Appointment
Prince Kumar Premchand Gupta was appointed as a Cfo was appointed as a Cfo on 18 Jan 2025 & has been associated with this company since 1 month 15 days .
- Director Appointment
Kamlesh Rajaninath Dangi was appointed as a Additional Director was appointed as a Additional Director on 06 Jan 2025 & has been associated with this company since 1 month 27 days .
- Director Appointment
Kunal Narayan Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 19 Nov 2024 & has been associated with this company since 3 months 16 days .
- Annual General Meeting
Incred Asset Management Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Aditya Khemka was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 07 May 2024 & has been associated with this company since 9 months 29 days .
- Balance Sheet
Incred Asset Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Recent News, Updates & Announcement
- Fintech unicorn InCred reports 132% growth in profit in Q3 FY24 | Business Insider India.
Fintech unicorn InCred on Wednesday reported 132 per cent growth in profit before tax to Rs 298 crore in the third quarter of the current fiscal year (FY24), from Rs 129 crore in the corresponding period last year..
- FinTech funding witnesses significant decline in December, total $96 mln raised.
While there has been a funding winter in fintechs and tech startups over the past year, funding has seen an uprise in early stage deal funding and decline in late stage deals funding. FinTech funding has seen a rise in the last 4-5 months, but witnessed a significant decline in the amount raised in the month of December, compared to November..
- InCred issues market-linked debenture worth Rs. 100 cr.
InCred CFO said, "We are pleased with the issuance of our debut MLD and its over-subscription in this market indicates investor confidence in our business model, risk management philosophy, practices, technology, infrastructure and quality of our talent." .
Frequently asked questions
What is the Incorporation or founding date of Incred Asset Management Private Limited?
Incred Asset Management Private Limited was incorporated on 01 Mar 2019.
What is authorized share capital and paid-up capital of Incred Asset Management Private Limited?
The authorized share capital of Incred Asset Management Private Limited is ₹ 33.00 Cr and paid-up capital is ₹ 33.00 Cr.
Who are the current board members & directors of Incred Asset Management Private Limited?
Currently 5 directors are associated with Incred Asset Management Private Limited.
- Kamlesh Rajaninath Dangi
- Aditya Sood
- Prince Kumar Premchand Gupta
- Kunal Narayan Sharma
- Aditya Khemka
What is the registered address of Incred Asset Management Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Incred Asset Management Private Limited is Unit No. 1203 12Th Floor B Wing The Capital Plot C-70 G Block, Bkc India, Mumbai, Maharashtra, 400051.
What is the corporate identification number (CIN) and company number of Incred Asset Management Private Limited?
The corporate identification number (CIN) of Incred Asset Management Private Limited is U74999MH2019PTC322093 and the company number is 322093 as per Ministry of Corporate Affairs (MCA).
What is the official website of Incred Asset Management Private Limited?
The Official website of Incred Asset Management Private Limited is https://www.incredassetmanagement.com
What has been the recent revenue trend for Incred Asset Management Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Incred Asset Management Private Limited has risen by 388.38%.
How many employees does Incred Asset Management Private Limited currently have?
As Per 2023 financial reports, 23 employees are currently employed by Incred Asset Management Private Limited.
What change has been observed in the net worth of Incred Asset Management Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Incred Asset Management Private Limited has experienced an upsurge of 30.07%.
When was the last Balance Sheet of Incred Asset Management Private Limited filed with the ROC?
The most recent Balance Sheet for Incred Asset Management Private Limited was filed with the ROC on 31 Mar 2024.
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