Indma Credits (India) Limited

Provides financial services as a non-banking financial company.

1992 | Chennai - 600 079., Tamil Nadu (India) | Active
Last Updated: December 27, 2024

Indma Credits (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 32 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 7.30 M
  • Revenue Growth -45.30%
  • Profit Growth -64.49%
  • Ebitda -61.53%
  • Net Worth 0.05%
  • Total Assets 1.41%

About Indma Credits (India)

Indma Credits (India) Limited (ICIL) is a Public Limited Indian Non-Government Company incorporated in India on 27 August 1992 and has a history of 32 years and five months. Its registered office is in Chennai - 600 079., Tamil Nadu.

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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company has closed loans amounting to ₹7.30 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kamlesh Bafna, Suresh Bafana, and Manoj Bafna serve as directors at the Company.

Company Details

  • Location
    Chennai - 600 079., Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65991TN1992PLC023350

  • Company No.

    023350

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Aug 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Indma Credits (India)?

Executive Team (1)

Name Designation Appointment Date Status
Suresh Bafana Country flag representing In Managing Director 27-Apr-2002 Current

Board Members (2)

Name Designation Appointment Date Status
Manoj Bafna Country flag representing In Director 27-Aug-1992 Current
Kamlesh Bafna Country flag representing In Director 27-Aug-1992 Current

Financial Performance of Indma Credits (India).

Indma Credits (India) Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 45.3% decrease. The company also saw a substantial fall in profitability, with a 64.49% decrease in profit. The company's net worth moved up by a moderate rise of 0.05%.

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
-45.30%
Revenue from Operations
-45.30%
Total Assets
1.41%
Profit or Loss
-64.49%
Net Worth
0.05%
EBITDA
-61.53%

What is the Ownership and Shareholding Structure of Indma Credits (India)?

In 2019, Indma Credits (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.73 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.53 Cr
  • Indian Bank : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
12 Nov 2001 Indian Overseas Bank ₹5.30 M Satisfied
05 Nov 1993 Indian Bank ₹2.00 M Satisfied

How Many Employees Work at Indma Credits (India)?

Unlock and access historical data on people associated with Indma Credits (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Indma Credits (India), 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 Indma Credits (India)'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 Indma Credits (India)

Recent activity within the organization

  • Annual General Meeting

    Indma Credits (India) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Indma Credits (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 05 Nov 1993 via Charge ID 90283517 with Indian Bank was fully satisfied on 11 Jun 2012.

    11 Jun 2012

  • Charges

    A charge registered on 12 Nov 2001 via Charge ID 90284094 with Indian Overseas Bank was fully satisfied on 06 Jan 2011.

    06 Jan 2011

  • Charges

    A charge with Indian Overseas Bank of Rs. 0.53 Cr registered on 12 Nov 2001 with Charge ID 90284094 was modified on 30 Mar 2005.

    30 Mar 2005

  • Director Appointment

    Suresh Kumar Bafana was appointed as a Managing Director was appointed as a Managing Director on 27 Apr 2002 & has been associated with this company since 22 years 9 months .

    27 Apr 2002

Frequently asked questions

  • Indma Credits (India) Limited was incorporated on 27 Aug 1992.

  • The authorized share capital of Indma Credits (India) Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 3 directors are associated with Indma Credits (India) Limited.

    • Kamlesh Kumar Bafna
    • Suresh Kumar Bafana
    • Manoj Kumar Bafna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indma Credits (India) Limited is No:41 Thirupalli Stsowcarpet, India, Chennai - 600 079., Tamil Nadu, 600079.

  • The corporate identification number (CIN) of Indma Credits (India) Limited is U65991TN1992PLC023350 and the company number is 023350 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Indma Credits (India) Limited has fallen by -45.30%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Indma Credits (India) Limited has experienced an upsurge of 0.05%.

  • The most recent Balance Sheet for Indma Credits (India) Limited was filed with the ROC on 31 Mar 2024.