Kredence Multi Trading Limited

Founded in 1984 and headquartered in Maharashtra, India.

1984 | Mumbai, Maharashtra (India) | Active
Last Updated:

Kredence Multi Trading Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 2.11 Cr
  • Company Age 41 Year, 28 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 38.50 Cr
  • Satisfied Charges ₹ 403.00 Cr
  • Revenue Growth 80.17%
  • Profit Growth -105.08%
  • Ebitda -108.72%
  • Net Worth -28.30%
  • Total Assets 22.70%

About Kredence Multi Trading

Kredence Multi Trading Limited (KMTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 February 1984 and has a history of 41 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Sanjog Trading Company Limited. The Company is engaged in the Metals And Minerals 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 10.00 Cr and a paid-up capital of Rs 2.11 Cr.

The company currently has active open charges totaling ₹38.50 Cr. The company has closed loans amounting to ₹403.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Surendra Sharma, Rajiv Krishnakumar, Amar Jha, and Two 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

    U51900MH1984PLC389859

  • Company No.

    048132

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Feb 1984

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Kredence Multi Trading?

Board Members (5)

NameDesignationAppointment DateStatus
Surendra Sharma Country flag representing In Director 18-Jul-2022Current
Rajiv Krishnakumar Country flag representing In Director 01-Oct-2018Current
Amar Jha Country flag representing In Whole-Time Director 01-Jun-2016Current
Jagath Chandra Country flag representing In Director 24-Jan-2022Current
Seema Omble Country flag representing In Director 10-Dec-2019Current

Financial Performance of Kredence Multi Trading.

Kredence Multi Trading Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 80.17% increase. The company also saw a substantial fall in profitability, with a 105.08% decrease in profit. The company's net worth observed a substantial decline by a decrease of 28.3%.

Kredence Multi Trading revenue growth over time
Kredence Multi Trading 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
80.17%
Revenue from Operations
78.04%
Total Assets
22.70%
Profit or Loss
-105.08%
Net Worth
-28.30%
EBITDA
-108.72%

What is the Ownership and Shareholding Structure of Kredence Multi Trading?

In 2023, Kredence Multi Trading had a promoter holding of 46.41% and a public holding of 53.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹38.50 Cr

Satisfied Charges

₹403.00 Cr

Charges Breakdown by Lending Institutions

  • Global Trust Bank Ltd : 38.50 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jun 2000Global Trust Bank Ltd₹20.00 CrOpen
21 Dec 1998Global Trust Bank Ltd₹15.00 CrOpen
02 Sep 1979Global Trust Bank Ltd₹3.50 CrOpen
15 Mar 2018Others₹86.00 CrSatisfied
13 Sep 2012Dena Bank₹245.00 CrSatisfied

How Many Employees Work at Kredence Multi Trading?

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

Employee growth trends for Kredence Multi Trading Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Kredence Multi Trading, 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 Kredence Multi Trading'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 Kredence Multi Trading

Recent activity within the organization

  • Annual General Meeting

    Kredence Multi Trading Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Kredence Multi Trading Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Surendra Deepchand Sharma was appointed as a Director was appointed as a Director on 18 Jul 2022 & has been associated with this company since 2 years 7 months .

  • Director Appointment

    Jagath Chandra was appointed as a Director was appointed as a Director on 24 Jan 2022 & has been associated with this company since 3 years 1 month .

  • Charges

    A charge registered on 15 Mar 2018 via Charge ID 100165674 with Others was fully satisfied on 15 Apr 2021.

  • Charges

    A charge registered on 13 Sep 2012 via Charge ID 10379895 with Dena Bank was fully satisfied on 02 Dec 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Kredence Multi Trading Limited?

    Kredence Multi Trading Limited was incorporated on 04 Feb 1984.

  • What is authorized share capital and paid-up capital of Kredence Multi Trading Limited?

    The authorized share capital of Kredence Multi Trading Limited is ₹ 10.00 Cr and paid-up capital is ₹ 2.11 Cr.

  • Who are the current board members & directors of Kredence Multi Trading Limited?

    Currently 5 directors are associated with Kredence Multi Trading Limited.

    • Surendra Deepchand Sharma
    • Rajiv Munjal Krishnakumar
    • Amar Nath Jha
    • Jagath Chandra
    • Seema Sunil Omble

  • What is the registered address of Kredence Multi Trading Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Kredence Multi Trading Limited is Office No. 105 & 106 Uttam House, 69 P Dmello Road Carnac BunderPrincess Dock, Mumbai, Maharashtra, India, 400009.

  • What is the corporate identification number (CIN) and company number of Kredence Multi Trading Limited?

    The corporate identification number (CIN) of Kredence Multi Trading Limited is U51900MH1984PLC389859 and the company number is 048132 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Kredence Multi Trading Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Kredence Multi Trading Limited has risen by 80.17%.

  • What change has been observed in the net worth of Kredence Multi Trading Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Kredence Multi Trading Limited has experienced an downturn of -28.30%.

  • What are the total open charges for Kredence Multi Trading Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Kredence Multi Trading Limited amount to ₹ 38.50 Cr.

  • When was the last Balance Sheet of Kredence Multi Trading Limited filed with the ROC?

    The most recent Balance Sheet for Kredence Multi Trading Limited was filed with the ROC on 31 Mar 2023.

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