Kredence Enterprises Private Limited
About Kredence Enterprises Private Limited
Data last updated:
Kredence Enterprises 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 accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 13 August 1993.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67110MH1993PTC073455. Its GSTIN is 27AAACP5683R1ZL (Maharashtra). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.5 Cr. It was formerly known as Tax Charter Corporate Services Private Limited. It was led by directors Ketan D Raiyani and Beena Ketan Raiyani.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 4/A – 1 Court Chambers 35 New Marine Lines, Mumbai, Maharashtra, India – 400020.
Its group structure included 2 subsidiaries.
Company details
Contact details
Kredence Enterprises Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4/A – 1 Court Chambers 35 New Marine Lines, Mumbai, Maharashtra, India – 400020
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Kredence Enterprises Private Limited, buy the company report.
- 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
Financials of Kredence Enterprises Private Limited
FY 2019 filings availableKredence Enterprises Private Limited reported revenue of ₹4,300 (down 99% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 89% over three years, including a 99% fall 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
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| Total Revenue | ₹4,300 | ||||
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Financial Ratios
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To see the full financial statements and ratios of Kredence Enterprises Private Limited, buy the company report.
Board of directors of Kredence Enterprises Private Limited
Kredence Enterprises has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Beena Ketan Raiyani | Additional Director | 31 Dec 2019 | 6 Years 9 Months | As last reported |
| Ketan D Raiyani | Director | 30 Dec 2005 | 20 Years 9 Months | As last reported |
Peer comparison
Kredence Enterprises Private Limited is compared with the 10 companies closest to it by revenue in the Outsourcing industry (Accounting and Financial Analysis), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bargate Communication Private Limited | ₹5,000 (FY 2022) | Kolkata, West Bengal, India | ||||
| Firstnotch Business Solutions Private Limited | ₹5,000 (FY 2024) | Bengaluru, Karnataka, India | ||||
| Edelwiess Research Private Limited | ₹5,000 (FY 2024) | Mumbai, Maharashtra, India | ||||
| Iceberg Outsourcing Solution Private Limited | ₹4,677 (FY 2017) | -100.0% | Mumbai, Maharashtra, India | |||
| Ociimum Trading & Investments Private Limited | ₹4,480 (FY 2024) | Ahmedabad, Gujarat, India | ||||
| Kredence Enterprises Private Limitedthis company | ₹4,300 (FY 2019) | -99.0% | Mumbai, Maharashtra, India | |||
| Mega Impex Pvt.Ltd. | ₹4,250 (FY 2024) | 8.0% | Kolkata, West Bengal, India | |||
| Vixar Investment Advisors I LLP | ₹4,173 (FY 2020) | -86.0% | Mumbai, Maharashtra, India | |||
| CRC Infrastructure Private Limited | ₹3,881 (FY 2025) | Delhi, India | ||||
| Kaiva Business Care & Solution Private Limited | ₹3,770 (FY 2025) | -100.0% | Delhi, India | |||
| Tex Metal Industries Private Limited | ₹3,706 (FY 2025) | -9.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Kredence Enterprises Private Limited, buy the company report.
Shareholding
The shareholding of Kredence Enterprises Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Kredence Enterprises Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kredence Enterprises Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kredence Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Kredence Enterprises has 2 subsidiary companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Kredence Technology Solutions Private Limited | U74110MH2010PTC204929 | |
| Kredence Digital Resources Private Limited | U74110MH2010PTC205207 |
To see the full group structure of Kredence Enterprises Private Limited, buy the company report.
GST
Kredence Enterprises has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP5683R1ZL | Maharashtra | Active | 01 Jul 2017 |
| 27AAACQ2239C1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kredence Enterprises Private Limited, buy the company report.
Recent activity
Kredence Enterprises Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Beena Ketan Raiyani was appointed as Additional Director on 31 Dec 2019.
Frequently asked questions
Kredence Enterprises 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.
Kredence Enterprises was a private limited company based in Mumbai, Maharashtra, India. The company worked in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 13 August 1993 and is registered under CIN U67110MH1993PTC073455. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Kredence Enterprises was incorporated on 13 August 1993. It is registered with the Registrar of Companies, Mumbai.
Kredence Enterprises had 2 directors:
- Beena Ketan Raiyani - Additional Director
- Ketan D Raiyani - Director
The CIN (Corporate Identification Number) of Kredence Enterprises is U67110MH1993PTC073455. 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 Kredence Enterprises is at 4A – 1 Court Chambers 35 New Marine Lines, Mumbai, Maharashtra, India – 400020.
The latest financial statements of Kredence Enterprises on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Kredence Enterprises is 27AAACP5683R1ZL, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAACQ2239C1ZT (Maharashtra).
Kredence Enterprises operated in the business outsourcing industry, in the accounting and financial analysis segment.
The peers of Kredence Enterprises by revenue are Bargate Communication Private Limited, Firstnotch Business Solutions Private Limited, Edelwiess Research Private Limited, Iceberg Outsourcing Solution Private Limited, Ociimum Trading & Investments Private Limited and 5 more, all in the Outsourcing industry (Accounting and Financial Analysis).
Beena Ketan Raiyani was appointed as Additional Director on 31 Dec 2019. Vikas Mahendra Gandhi ceased to be Additional Director on 28 Sep 2019. Beena Ketan Raiyani ceased to be Director on 12 Jan 2019. Kredence Enterprises has 4 board changes on record in total.