Credopay Technology Services Private Limited

Develops software solutions for payment processing, recruitment, and technology services.

2014 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Credopay Technology Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.41 M
  • Company Age 11 Year, 23 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 18.58%
  • Profit Growth -109.15%
  • Ebitda -110.44%
  • Net Worth -19.80%
  • Total Assets 31.14%

About Credopay Technology Services

Credopay Technology Services Private Limited (CTSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 January 2014 and has a history of 11 years. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Corporate was formerly known as Transtrac Technology Services Private Limited. The Company is engaged in the Internet 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 3.41 M, as per Ministry of Corporate Affairs (MCA) records.

Doreswamy Palaniswamy, Siva Padala, Trikkur Ramesh, and One other member serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    credopay.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72300TN2014PTC126434

  • Company No.

    126434

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jan 2014

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Internet
Information Technology
Business Outsourcing

What products or services does Credopay Technology Services Private Limited offer?

Credopay Technology Services Private Limited offers a wide range of products and services, including Telecom Services, Engg & Maintenance, Payment Processing Service.

Who are the key members and board of directors at Credopay Technology Services?

Board Members (4)

NameDesignationAppointment DateStatus
Doreswamy Palaniswamy Country flag representing In Director 29-Jan-2014Current
Siva Padala Country flag representing In Director 29-Jan-2014Current
Trikkur Ramesh Country flag representing In Director 18-Apr-2022Current
Shailesh Upreti Country flag representing In Director 12-Dec-2019Current

Financial Performance of Credopay Technology Services.

Credopay Technology Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.58% increase. The company also saw a substantial fall in profitability, with a 109.15% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.8%.

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
18.58%
Revenue from Operations
18.21%
Total Assets
31.14%
Profit or Loss
-109.15%
Net Worth
-19.80%
EBITDA
-110.44%

What is the Ownership and Shareholding Structure of Credopay Technology Services?

In 2023, Credopay Technology Services had a promoter holding of 53.40% and a public holding of 46.60%. 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 Credopay Technology Services?

Credopay Technology Services has a workforce of 92 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Credopay Technology 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 Credopay Technology Services'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 Credopay Technology Services

Recent activity within the organization

  • Annual General Meeting

    Credopay Technology Services Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Credopay Technology Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Trikkur Rajaram Ramesh was appointed as a Director was appointed as a Director on 18 Apr 2022 & has been associated with this company since 2 years 10 months .

    18 Apr 2022

  • Director Appointment

    Shailesh Upreti was appointed as a Director was appointed as a Director on 12 Dec 2019 & has been associated with this company since 5 years 2 months .

    12 Dec 2019

  • Director Appointment

    Doreswamy Palaniswamy was appointed as a Director was appointed as a Director on 29 Jan 2014 & has been associated with this company since 11 years 23 days .

    29 Jan 2014

  • Director Appointment

    Siva Raja Sekhar Padala was appointed as a Director was appointed as a Director on 29 Jan 2014 & has been associated with this company since 11 years 23 days .

    29 Jan 2014

Frequently asked questions

  • Credopay Technology Services Private Limited was incorporated on 29 Jan 2014.

  • The authorized share capital of Credopay Technology Services Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.41 M.

  • Currently 4 directors are associated with Credopay Technology Services Private Limited.

    • Doreswamy Palaniswamy
    • Siva Raja Sekhar Padala
    • Trikkur Rajaram Ramesh
    • Shailesh Upreti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Credopay Technology Services Private Limited is Osian Chlorophyll-Sprrg Door No-2022 Block No-2 2Nd Floor Devi Parasakkthi Nagar, Porur India, Chennai, Tamil Nadu, 600116.

  • The corporate identification number (CIN) of Credopay Technology Services Private Limited is U72300TN2014PTC126434 and the company number is 126434 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Credopay Technology Services Private Limited is https://www.credopay.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Credopay Technology Services Private Limited has risen by 18.58%.

  • As Per 2023 financial reports, 92 employees are currently employed by Credopay Technology Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Credopay Technology Services Private Limited has experienced an downturn of -19.80%.

  • The most recent Balance Sheet for Credopay Technology Services Private Limited was filed with the ROC on 31 Mar 2024.

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