Credse Bill Payments Private Limited

Credse Bill Payments Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72900TN2020PTC134406 Incorporated 13 February 2020 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company information technology
Revenue · FY 2024
₹9.23 Lakh
▲ 1157% YoY
Net loss · FY 2024
₹73,528
Net margin -8%
EBITDA · FY 2024
-₹72,849
EBITDA margin -7.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Credse Bill Payments Private Limited

Data last updated:

Credse Bill Payments Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 13 February 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2020PTC134406.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Kewal Chand Sethiya and Aakash K Sethiya.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.

As per the financials filed for FY 2024, the company reported a revenue of ₹9.23 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹73,528 (net margin -8%) and EBITDA of -₹72,849 (EBITDA margin -7.9%).

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72900TN2020PTC134406
Registration Number 134406
Incorporation Date 13 February 2020
ROC Chennai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

Credse Bill Payments Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Old No.423 New No.250, M.K.N Road Alandur, Chennai, Tamil Nadu, India – 600016
  • Industry
    Information Technology, Other Computer Related Activities

To see the full contact details of Credse Bill Payments Private Limited, buy the company report.

Comprehensive company report
Credse Bill Payments 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
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Business activity

The main business activity of Credse Bill Payments is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Credse Bill Payments Private Limited, buy the company report.

Financials of Credse Bill Payments Private Limited

FY 2024 filings available

Credse Bill Payments Private Limited reported revenue of ₹9.23 Lakh (up 1157% YoY) for FY 2024.

Revenue · FY 2024
₹9.23 Lakh ▲ 1157%
Net loss · FY 2024
₹73,528 margin -8%
EBITDA · FY 2024
-₹72,849 margin -7.9%

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹72,849
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹73,528
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-7.9%
Net Profit Margin-8%
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 Credse Bill Payments Private Limited, buy the company report.

Board of directors of Credse Bill Payments Private Limited

Credse Bill Payments has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kewal Chand SethiyaDirector30 Mar 20233 Years 7 MonthsCurrent
Aakash K SethiyaDirector25 Aug 20215 Years 2 MonthsCurrent

Peer comparison

Credse Bill Payments Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
III Consulting Private Limited₹9.24 Lakh (FY 2024)4763.0%Hyderabad, Telangana, India
Pingash IT Solutions Private Limited₹9.24 Lakh (FY 2022)-5.0%Delhi, India
VKR Creation Private Limited₹9.23 Lakh (FY 2019)170.0%Patna, Bihar, India
Velu Tele Infra Private Limited₹9.23 Lakh (FY 2023)-59.0%Bhor, Maharashtra, India
Sprache Systems Private Limited₹9.23 Lakh (FY 2024)-82.0%Dhampur, Uttar Pradesh, India
Credse Bill Payments Private Limitedthis company₹9.23 Lakh (FY 2024)-₹73,528-8%1157.0%Chennai, Tamil Nadu, India
S2s Personality Development Academy Private Limited₹9.21 Lakh (FY 2025)139.0%Pollachi, Tamil Nadu, India
RSP Online Data Processing & Infosystems Private Limited₹9.21 Lakh (FY 2022)-19.0%New Delhi, Delhi, India
Inert IT Private Limited₹9.21 Lakh (FY 2016)84.0%Jammu, Jammu and Kashmir, India
Ujjwal E-Solutions Private Limited₹9.21 Lakh (FY 2025)-89.0%New Delhi, Delhi, India
Adway Services Private Limited₹9.2 Lakh (FY 2018)23.0%Faridabad, Haryana, India

To see the full peer comparison of Credse Bill Payments Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Credse Bill Payments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Credse Bill Payments Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Credse Bill Payments Private Limited has 5 board changes on record since 2021: 2 appointments and 3 cessations. The latest: Aasish Jain ceased to be Director on 30 Mar 2023.

AGM
Credse Bill Payments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Credse Bill Payments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Aasish Jain ceased to be Director.
Appointed
Kewal Chand Sethiya was appointed as Director.
Appointed
Aakash K Sethiya was appointed as Director.
Ceased
Kewal Chand Sethiya ceased to be Director.
Ceased
Manju Devi Kewal Chand Sethiya ceased to be Director.
Incorporation
13 Feb 2020
Credse Bill Payments Private Limited was registered on 13 Feb 2020 with Roc Chennai & aged 6 years 9 months as per MCA records.

Frequently asked questions

Credse Bill Payments is an active private limited company based in Chennai, Tamil Nadu, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 13 February 2020 (6+ years old) and is registered under CIN U72900TN2020PTC134406.

Credse Bill Payments has 2 current directors:

The latest financial statements of Credse Bill Payments on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.

The CIN (Corporate Identification Number) of Credse Bill Payments is U72900TN2020PTC134406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Credse Bill Payments was incorporated on 13 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Credse Bill Payments by revenue are III Consulting Private Limited, Pingash IT Solutions Private Limited, VKR Creation Private Limited, Velu Tele Infra Private Limited, Sprache Systems Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).

Aasish Jain ceased to be Director on 30 Mar 2023. Kewal Chand Sethiya was appointed as Director on 30 Mar 2023. Aakash K Sethiya was appointed as Director on 25 Aug 2021. Credse Bill Payments has 5 board changes on record in total.

The registered office of Credse Bill Payments is at Old No.423 New No.250, M.K.N Road Alandur, Chennai, Tamil Nadu, India – 600016.

Credse Bill Payments operates in the information technology industry, in the other computer related activities segment.

The compliance status of Credse Bill Payments is compliant as of 03 August 2026. The company is actively filing with the Registrar of Companies.

Credse Bill Payments can be reached at its registered office: Old No.423 New No.250, M.K.N Road Alandur, Chennai, Tamil Nadu, India – 600016.