DPIIT recognised startup Government of India
Startup India
Credentia Trusteeship Services Private Limited - financial services in Mumbai, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2023
₹97.2 Lakh
▲ 11% YoY
Net profit · FY 2023
₹1.34 Lakh
Net margin 1.4%
EBITDA · FY 2023
₹1.6 Lakh
EBITDA margin 1.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.05 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
4
As per MCA filings
Key managerial staff
1
CEO, CFO, company secretary
About Credentia Trusteeship Services Private Limited
Data last updated:
Credentia Trusteeship Services Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 13 April 2020.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2020PTC339366. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.05 Lakh. It was led by directors including Pankaj Prabhakar Deshmukh and Namdeo Khushalrao Ghagarkar.
Its last annual general meeting (AGM) was held on 31 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 14/1 Batatawala Mansion Ganesh Galli Lalbaug, Mumbai, Maharashtra, India – 400012.
As per the financials filed for FY 2023, the company reported a revenue of ₹97.2 Lakh, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹1.34 Lakh (net margin 1.4%) and EBITDA of ₹1.6 Lakh (EBITDA margin 1.6%).
The company was associated with 1 brand: Credentia Trustee. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 1 deal on record (1 rights issue); the latest was in September 2020. Its 3 peer companies in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 1 smaller; the largest is R97 Holdings Private Limited with revenue of ₹97.41 Lakh.
The last known website on record is credentiatrustee.com.
Company details
CIN U74140MH2020PTC339366
Registration Number 339366
Incorporation Date 13 April 2020
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 31 July 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup
Key People
Venkatesh Ramesh Prabhu Ceo Pankaj Prabhakar Deshmukh Director Namdeo Khushalrao Ghagarkar Director Recognitions & Rankings of Credentia Trusteeship Services
Contact details
Credentia Trusteeship Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is credentiatrustee.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address14/1 Batatawala Mansion Ganesh Galli Lalbaug, Mumbai, Maharashtra, India – 400012
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Credentia Trusteeship Services Private Limited, buy the company report.
Comprehensive company report
Credentia Trusteeship Services Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Credentia Trusteeship Services operates one associated brand: Credentia Trustee. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a digital hub providing essential financial services for users. | credentiatrustee.com |
Business activity
The main business activity of Credentia Trusteeship Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Credentia Trusteeship Services Private Limited, buy the company report.
Financials of Credentia Trusteeship Services Private Limited
FY 2023 filings availableCredentia Trusteeship Services Private Limited reported revenue of ₹97.2 Lakh (up 11% YoY) for FY 2023.
Revenue · FY 2023
₹97.2 Lakh ▲ 11%
Net profit · FY 2023
₹1.34 Lakh margin 1.4%
EBITDA · FY 2023
₹1.6 Lakh margin 1.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
EBITDA CAGR growth
1 year
▼ 73%
Revenue rose 11% in the latest year. EBITDA fell 73% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹97.2 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.6 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.34 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.6% | ||
| Net Profit Margin | 1.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Credentia Trusteeship Services Private Limited, buy the company report.
Board of directors and KMP of Credentia Trusteeship Services Private Limited
Credentia Trusteeship Services Private Limited currently reports 3 directors and 1 key managerial person. 4 former directors have served the organization.
Directors and KMP (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Prabhakar Deshmukh Also directs: MSPL Unit 5 Limited, Mitcon Power Trading Limited, Planeteye Infra-Ai Limited and 4 more | Director | 25 Sep 2020 | 6 Years 1 Months | As last reported |
| Venkatesh Ramesh Prabhu | Ceo | 26 Apr 2021 | 5 Years 6 Months | As last reported |
| Namdeo Khushalrao Ghagarkar | Director | 15 Jul 2020 | 6 Years 3 Months | As last reported |
| Vaishali Goverdhan Urkude | Director | 13 Apr 2020 | 6 Years 6 Months | As last reported |
Peer comparison
Credentia Trusteeship Services Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R97 Holdings Private Limited | ₹97.41 Lakh (FY 2025) | 0.0% | Ahmedabad, Gujarat, India | |||
| Fundviser Capital (India) Limited | ₹97.37 Lakh (FY 2024) | 339.0% | Mumbai, Maharashtra, India | |||
| Credentia Trusteeship Services Private Limitedthis company | ₹97.2 Lakh (FY 2023) | ₹1.34 Lakh | 1.4% | 11.0% | Mumbai, Maharashtra, India | |
| Aryadeep Commotrade Private Limited | ₹96.99 Lakh (FY 2025) | -16.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Credentia Trusteeship Services Private Limited, buy the company report.
Auditor
Credentia Trusteeship Services Private Limited is audited by Chouksey Dubey & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chouksey Dubey & Associates | FY 2023 | 029501C |
Shareholding
The shareholding of Credentia Trusteeship Services Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Credentia Trusteeship Services Private Limited, buy the company report.
Deals & funding
Credentia Trusteeship Services Private Limited has 1 deal on record (1 rights issue); the latest was in September 2020.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2020 | Rights issue | ₹10 Lakh | Investors: Mitcon Credentia Trusteeship Services Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Credentia Trusteeship Services Private Limited has 2 court cases on record: 1 filed by Credentia Trusteeship Services, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Exclusive Capital Limited | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Credentia Trusteeship Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Credentia Trusteeship Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Credentia Trusteeship Services Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
Active EPFO establishments
1
GST
Credentia Trusteeship Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Credentia Trusteeship Services Private Limited, buy the company report.
Recent activity
Credentia Trusteeship Services Private Limited has 8 board changes on record since 2020: 4 appointments and 4 cessations. The latest: Varadaraj Mangalore Bhat ceased to be Director on 07 Oct 2022.
AGM
Credentia Trusteeship Services Private Limited last Annual general meeting of members was held on 31 Jul 2023 as per latest MCA records.
Filing
Credentia Trusteeship Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Varadaraj Mangalore Bhat ceased to be Director.
Ceased
Namdeo Khushalrao Ghagarkar ceased to be Additional Director.
Ceased
Pankaj Prabhakar Deshmukh ceased to be Additional Director.
Ceased
Vaishali Goverdhan Urkude ceased to be Ceo(Kmp).
Appointed
Venkatesh Ramesh Prabhu was appointed as CEO.
Appointed
Pankaj Prabhakar Deshmukh was appointed as Director.
Appointed
Namdeo Khushalrao Ghagarkar was appointed as Director.
Appointed
Vaishali Goverdhan Urkude was appointed as Director.
Incorporation
13 Apr 2020
Credentia Trusteeship Services Private Limited was registered on 13 Apr 2020 with Roc Mumbai & aged 6 years 6 months as per MCA records.
Frequently asked questions
Credentia Trusteeship Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Credentia Trusteeship Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 13 April 2020 and is registered under CIN U74140MH2020PTC339366. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Credentia Trusteeship Services was incorporated on 13 April 2020. It is registered with the Registrar of Companies, Mumbai.
Credentia Trusteeship Services had 4 directors and KMP:
- Pankaj Prabhakar Deshmukh - Director
- Namdeo Khushalrao Ghagarkar - Director
- Vaishali Goverdhan Urkude - Director
- Venkatesh Ramesh Prabhu - Ceo
The CIN (Corporate Identification Number) of Credentia Trusteeship Services is U74140MH2020PTC339366. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Credentia Trusteeship Services is at 141 Batatawala Mansion Ganesh Galli Lalbaug, Mumbai, Maharashtra, India – 400012.
Yes, Credentia Trusteeship Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Credentia Trusteeship Services can be reached through the website credentiatrustee.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Credentia Trusteeship Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 July 2023. Year-wise statements from FY 2021 are in the company report.
No. Credentia Trusteeship Services has 1 GST registration on record and it is cancelled or inactive.
Credentia Trusteeship Services operated in the financial services industry, in the diversified financial services segment.