Simplify Credit Advisory Private Limited

Online loan provider with partnerships for easy EMI payments, software and hardware solutions.

2015 | Thane, Maharashtra (India) | Inactive
Last Updated: December 09, 2024

Simplify Credit Advisory Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 9 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -37.95%
  • Profit Growth -73.88%
  • Ebitda -66.22%
  • Net Worth 12.01%
  • Total Assets 42.23%

About Simplify Credit Advisory

Simplify Credit Advisory Private Limited (SCAPL) is Strike Off company established on 13 Oct 2015 with its office registered at Thane, Maharashtra, India and has been running since 9 Year, 3 Months with a paid up capital of 0.50 M. According to MCA records, 2 Directors are linked to this company as of 09 Dec 2024.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65923MH2015PTC269227

  • Company No.

    269227

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Oct 2015

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

Who are the key members and board of directors at Simplify Credit Advisory?

Board Members (2)

Name Designation Appointment Date Status
Nalin Agrawal Country flag representing In Director 28-Dec-2016 Current
Anil Kumar Country flag representing In Director 15-Jul-2022 Current

Financial Performance of Simplify Credit Advisory.

Simplify Credit Advisory Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 37.95% decrease. The company also saw a substantial fall in profitability, with a 73.88% decrease in profit. The company's net worth Soared by an impressive increase of 12.01%.

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
-37.95%
Revenue from Operations
-38.00%
Total Assets
42.23%
Profit or Loss
-73.88%
Net Worth
12.01%
EBITDA
-66.22%

What is the Ownership and Shareholding Structure of Simplify Credit Advisory?

In 2023, Simplify Credit Advisory 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Simplify Credit Advisory?

Unlock and access historical data on people associated with Simplify Credit Advisory, 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 Simplify Credit Advisory, 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 Simplify Credit Advisory'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 Simplify Credit Advisory

Recent activity within the organization

  • Annual General Meeting

    Simplify Credit Advisory Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Simplify Credit Advisory Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Anil Gelra Kumar was appointed as a Director was appointed as a Director on 15 Jul 2022 & has been associated with this company since 2 years 6 months .

    15 Jul 2022

  • Director Appointment

    Nalin Sunil Agrawal was appointed as a Director was appointed as a Director on 28 Dec 2016 & has been associated with this company since 8 years 1 month .

    28 Dec 2016

  • Company Incorporation

    Simplify Credit Advisory Private Limited was registered on 13 Oct 2015 with Roc Mumbai & aged 9 years 3 months as per MCA records.

    13 Oct 2015

Recent News, Updates & Announcement

  • News icon
    "Snapmint Wins Best Mobile App at NBFC & Fintech Awards 2023!" #humblebrag #winning #appgoals.

    "Snapmint be like: 'We won Best Mobile App at NBFC & Fintech Awards 2023!' #humblebrag #winning #appgoals".

    21 Mar 2023 Devdiscourse

  • News icon
    EMI Cards: The Instant Solution for Smart Shoppers.

    Back in the day, saving for months was the only way to buy cool stuff. But now, with EMI cards, you can get them instantly and pay in easy instalments with no extra cost. It's a smart marketing strategy that appeals to shoppers. Bajaj Finserv and Capital First are the big players, with online options like Kissht and Snapmint. EMI cards offer zero-cost finance and no documents needed. But be careful not to overspend and pay on time to keep using it. #EMICards #InstantGratification #ShopSmart.

    22 Feb 2018 India Today

Frequently asked questions

  • Simplify Credit Advisory Private Limited was incorporated on 13 Oct 2015.

  • The authorized share capital of Simplify Credit Advisory Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Simplify Credit Advisory Private Limited.

    • Nalin Sunil Agrawal
    • Anil Gelra Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Simplify Credit Advisory Private Limited is Unit No -205 Building No.3 Sector-3 Millennium Business Park Mahape, India, Navi Mumbai, Maharashtra, 400710.

  • The corporate identification number (CIN) of Simplify Credit Advisory Private Limited is U65923MH2015PTC269227 and the company number is 269227 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Simplify Credit Advisory Private Limited is https://www.snapmint.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Simplify Credit Advisory Private Limited has fallen by -37.95%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Simplify Credit Advisory Private Limited has experienced an upsurge of 12.01%.

  • The most recent Balance Sheet for Simplify Credit Advisory Private Limited was filed with the ROC on 31 Mar 2023.

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