About Credwire Solutions Private Limited
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Credwire Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the credit rating agencies segment of the financial services sector. It was incorporated on 22 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2013PTC247383. Its GSTIN is 27AAFCC3811K1ZP (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Cj Management Solutions Private Limited. It is led by directors Vipul Harish Gogri and Jigar Mahendrabhai Thakkar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at B – 5/512 Ramdev Park Chandavarkar Lane Borivali West Mumbai – 400092, Maharashtra, India – 400092.
As per the financials filed for FY 2023, the company reported a revenue of ₹81.34 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹46 Lakh (net margin 56.6%) and EBITDA of ₹47.42 Lakh (EBITDA margin 58.3%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website credwire.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressB – 5/512 Ramdev Park Chandavarkar Lane Borivali West Mumbai – 400092, Maharashtra, India – 400092
- IndustryFinancial Services, Credit Rating Agencies
- 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
- One PDF report, delivered after checkout
Business Activity of Credwire Solutions Private Limited
The main business activity of Credwire Solutions is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Credwire Solutions Private Limited FY 2023 filings available
Credwire Solutions Private Limited reported revenue of ₹81.34 Lakh (down 18% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Credwire Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 18% fall in the latest year. EBITDA rose 834% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Credwire Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹47.42 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹46 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Credwire Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 58.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 56.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Credwire Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Credwire Solutions Private Limited
Credwire Solutions Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Credit Rating and Information Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sigma Insights Private Limited | ₹2.57 Cr (FY 2025) | •••• | •••• | 218.0% | •••• | New Delhi, Delhi, India |
| Vibrant Data-Checks Private Limited | ₹2.28 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Vadodara, Gujarat, India |
| Indian Centre for Academic Rankings & Excellence Private Limited | ₹2.25 Cr (FY 2025) | •••• | •••• | 76.0% | •••• | Chennai, Tamil Nadu, India |
| Esg Risk Assessments & Insights Limited | ₹1.6 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Mumbai, Maharashtra, India |
| Balaji Credit Rating Advisory Private Limited | ₹1.19 Cr (FY 2025) | •••• | •••• | 848.0% | •••• | Mumbai, Maharashtra, India |
| Credwire Solutions Private Limited this company | ₹81.34 Lakh (FY 2023) | •••• | •••• | -18.0% | •••• | Mumbai, Maharashtra, India |
| Acc Rating and Credit Advisors Private Limited | ₹42.95 Lakh (FY 2025) | •••• | •••• | 191.0% | •••• | Ahmedabad, Gujarat, India |
| Eagleeye Research & Media Private Limited | ₹10.62 Lakh (FY 2016) | •••• | •••• | -62.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Credwire Solutions by revenue in the BFSI industry (Credit Rating and Information Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Credwire Solutions Private Limited
Credwire Solutions Private Limited is audited by DEEPAK D JAIN & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DEEPAK D JAIN & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Credwire Solutions Private Limited
Credwire Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Harish Gogri | Director | 12 Feb 2020 | 6 Years 7 Months | Current |
| Jigar Mahendrabhai Thakkar | Director | 22 Aug 2013 | 13 Years 1 Months | Current |
Ownership and Shareholding of Credwire Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Credwire Solutions Private Limited
Credwire Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Credwire Solutions Private Limited
Employment history and EPFO contributions of people linked to Credwire Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Credwire Solutions Private Limited
Credwire Solutions Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Chetna Amol Joshi ceased to be Director on 18 Jun 2021.
Credit Ratings, Litigation & Regulatory Alerts for Credwire Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Credwire Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Credwire Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Credwire Solutions Private Limited
Credwire Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCC3811K1ZP | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Credwire Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Credwire Solutions Private Limited
Credwire Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in credit rating agencies, within the financial services industry. It was incorporated on 22 August 2013 (13+ years old) and is registered under CIN U74120MH2013PTC247383.
Credwire Solutions reported revenue of ₹81.34 Lakh for FY 2023 (down 18% YoY).
Credwire Solutions has 2 current directors:
- Vipul Harish Gogri - Director
- Jigar Mahendrabhai Thakkar - Director
Credwire Solutions reported a net profit of ₹46 Lakh (net margin 56.6%) and EBITDA of ₹47.42 Lakh (EBITDA margin 58.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Credwire Solutions is 60% over three years and -1% over five years. In the latest year (FY 2023) revenue fell 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Credwire Solutions is 27AAFCC3811K1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Credwire Solutions is U74120MH2013PTC247383. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Credwire Solutions was incorporated on 22 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Credwire Solutions by revenue are Sigma Insights Private Limited, Vibrant Data-Checks Private Limited, Indian Centre for Academic Rankings & Excellence Private Limited, Esg Risk Assessments & Insights Limited, Balaji Credit Rating Advisory Private Limited and 2 more, all in the BFSI industry (Credit Rating and Information Services).
Chetna Amol Joshi ceased to be Director on 18 Jun 2021. Vipul Harish Gogri was appointed as Director on 12 Feb 2020. Jigar Mahendrabhai Thakkar was appointed as Director on 22 Aug 2013.
Credwire Solutions can be reached through the website credwire.co.in. Its registered office is in Mumbai, Maharashtra, India.