Incred Financial Services Profile
Key Indicators
- Authorised Capital ₹ 500.00 Cr
- Paid Up Capital ₹ 488.31 Cr
- Company Age 29 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 12,453.98 Cr
- Satisfied Charges ₹ 1,827.67 Cr
- Revenue Growth 45.45%
- Profit Growth 160.67%
- Ebitda 55.80%
- Net Worth 33.69%
- Total Assets 30.37%
About Incred Financial Services
Incred Financial Services Limited (IFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 February 1995 and has a history of 29 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Kkr India Financial Services 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 500.00 Cr and a paid-up capital of Rs 488.31 Cr.
The company currently has active open charges totaling ₹12,453.98 Cr. The company has closed loans amounting to ₹1,827.67 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Incred Financial Services Limited India are Gajendra Thakur as COMPANY SECRETARY and Bhupinder Singh as Ceo. Anil Nagu, Rupa Vora, Vivekanand Periayapatnam, and Six other members 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
U67190MH1995PLC360817
- Company No.
030045
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Feb 1995
- Date of AGM
08 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Incred Financial Services?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhupinder Singh  | CEO | 26-Jul-2022 | Current |
| Gajendra Thakur | Company Secretary | 27-Jul-2022 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rupa Vora | Director | 26-Jul-2022 | Current |
| Sekar Karnam | Director | 26-Jul-2022 | Current |
| Bhupinder Singh | Whole-Time Director and Ceo | 26-Jul-2022 | Current |
Anil Nagu  | Director | 14-Sep-2023 | Current |
| Vivekanand Periayapatnam | Director | 26-Jul-2022 | Current |
| Sunita Gupta | Director | 30-Mar-2023 | Current |
Financial Performance of Incred Financial Services.
Incred Financial Services Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 45.45% increase. The company also saw a substantial improvement in profitability, with a 160.67% increase in profit. The company's net worth Soared by an impressive increase of 33.69%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Incred Financial Services?
In 2024, Incred Financial Services had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vini Cosmetics Private LimitedRohan Suri is a mutual person
Re Sustainability LimitedRohan Suri is a mutual person
Infinx Services Private LimitedRohan Suri is a mutual person
Jm Financial Asset Reconstruction Company LimitedRupa Vora is a mutual person
Incred Wealth Private LimitedBhupinder Singh is a mutual person
Incred Capital Financial Services Private LimitedBhupinder Singh is a mutual person
Charges (Loans)
₹12,453.98 Cr
₹1,827.67 Cr
Charges Breakdown by Lending Institutions
- Others : 12378.98 Cr
- Gda Trusteeship Limited : 75.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Nov 2024 | Others | ₹211.75 Cr | Open |
| 26 Sep 2024 | Others | ₹418.88 Cr | Open |
| 19 Sep 2024 | Others | ₹215.00 Cr | Open |
| 22 Aug 2024 | Others | ₹120.00 Cr | Open |
| 20 Aug 2024 | Others | ₹100.00 Cr | Open |
How Many Employees Work at Incred Financial Services?
Incred Financial Services has a workforce of 1749 employees as of Dec 18, 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 Financial Services, 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 Financial Services'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.
