Croissance Limited

Construction company established in 1994, based in Karnataka.

1994 | Bangalore, Karnataka (India) | Active
Last Updated:

Croissance Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 6.85 Cr
  • Company Age 31 Year, 24 Days
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -72.63%
  • Profit Growth -34.85%
  • Ebitda -34.69%
  • Net Worth 0.32%
  • Total Assets 5.81%

About Croissance

Croissance Limited (CL) is a Public Limited Indian Non-Government Company incorporated in India on 07 April 1994 and has a history of 31 years. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Memory Polymers Pvt Ltd. The Company is engaged in the Infrastructure Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 7.50 Cr and a paid-up capital of Rs 6.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Croissance Limited India are Mahender Singh as COMPANY SECRETARY and Amaresh Gaikwad as Cfo. Hemant Bahri, Sravan Veledandi, Amaresh Gaikwad, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L55100KA1994PLC103470

  • Company No.

    103470

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Apr 1994

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Listed

  • ROC Code

    Roc Bangalore

Industry

Infrastructure
Company report

Croissance Limited

Explore comprehensive data for Croissance Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Croissance?

Executive Team (4)

NameDesignationAppointment DateStatus
Hemant Bahri Country flag representing In Managing Director14-Jul-2021Current
Sravan Veledandi Country flag representing In Managing Director14-Jul-2021Current
Mahender Singh Country flag representing In Company Secretary09-Mar-2020Current
Amaresh Gaikwad CFO17-Mar-2021Current

Board Members (4)

NameDesignationAppointment DateStatus
Sowmya Ranganath Country flag representing In Director 19-Feb-2021Current
Amaresh Gaikwad Country flag representing In Whole-Time Director 30-Sep-2021Current
Hriday Bahri Country flag representing In Whole-Time Director 14-Jul-2021Current
Munirayammaiah Sridhar Country flag representing In Director 29-Aug-2017Current

Financial Performance of Croissance.

Croissance Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 72.63% decrease. The company also saw a substantial fall in profitability, with a 34.85% decrease in profit. The company's net worth moved up by a moderate rise of 0.32%.

Croissance revenue growth over time
Croissance 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
-72.63%
Revenue from Operations
-72.63%
Total Assets
5.81%
Profit or Loss
-34.85%
Net Worth
0.32%
EBITDA
-34.69%

What is the Ownership and Shareholding Structure of Croissance?

In 2020, Croissance had a promoter holding of 59.74% and a public holding of 40.25%. 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 Croissance?

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

Employee growth trends for Croissance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Croissance, 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 Croissance'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 Croissance

Recent activity within the organization

  • Annual General Meeting

    Croissance Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Croissance Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

  • Director Appointment

    Amaresh Rao Gaikwad was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Sep 2021 & has been associated with this company since 3 years 7 months .

  • Director Appointment

    Hemant Bahri was appointed as a Managing Director was appointed as a Managing Director on 14 Jul 2021 & has been associated with this company since 3 years 9 months .

  • Director Appointment

    Sravan Prabhakar Veledandi was appointed as a Managing Director was appointed as a Managing Director on 14 Jul 2021 & has been associated with this company since 3 years 9 months .

  • Director Appointment

    Hriday Bahri was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 14 Jul 2021 & has been associated with this company since 3 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Croissance Limited?

    Croissance Limited was incorporated on 07 Apr 1994.

  • What is authorized share capital and paid-up capital of Croissance Limited?

    The authorized share capital of Croissance Limited is ₹ 7.50 Cr and paid-up capital is ₹ 6.85 Cr.

  • Who are the current board members & directors of Croissance Limited?

    Currently 8 directors are associated with Croissance Limited.

    • Hemant Bahri
    • Sravan Prabhakar Veledandi
    • Amaresh Rao Gaikwad
    • Hriday Bahri
    • Munirayammaiah Sridhar
    • Sowmya Ranganath
    • Mahender Singh
    • Amaresh Rao Gaikwad

  • What is the registered address of Croissance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Croissance Limited is 362 2Nd Floor 11Th Cross 4Th Main 2Nd Block, (Near Bda Shopping Complex) Rt Nagar, Bengaluru, Karnataka, India, 560032.

  • What is the corporate identification number (CIN) and company number of Croissance Limited?

    The corporate identification number (CIN) of Croissance Limited is L55100KA1994PLC103470 and the company number is 103470 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Croissance Limited?

    The Official website of Croissance Limited is https://www.swagruha.net

  • What has been the recent revenue trend for Croissance Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Croissance Limited has fallen by -72.63%.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Croissance Limited has experienced an upsurge of 0.32%.

  • When was the last Balance Sheet of Croissance Limited filed with the ROC?

    The most recent Balance Sheet for Croissance Limited was filed with the ROC on 31 Mar 2022.

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