About Northcred Services Private Limited
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Northcred Services Private Limited is a private limited company based in Faridabad, Haryana, India, a subsidiary of Valuedrive Technologies Private Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U50400HR2019PTC079065. Its GSTIN is 06AAGCN4477P1ZR (Haryana). The company holds 14 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.22 Cr. It is led by directors Ramanshu Mahaur and Mohit Gupta.
Its last annual general meeting (AGM) was held on 27 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H.No.2486 Aravli Vihar Sector – 49, Faridabad, Haryana, India – 121001.
As per the financials filed for FY 2025, the company reported a revenue of ₹49.49 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹76.35 Cr (net margin -154.3%) and EBITDA of -₹26.37 Cr (EBITDA margin -53.3%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 219% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹98.09 Cr; the latest was in April 2022. Its 10 peer companies in the Automobiles industry (Auto and Components Dealers) are compared by revenue, 5 larger and 5 smaller; the largest is Swapnapurti Motors Private Limited with revenue of ₹49.68 Cr. The company has 8 MSME Form 1 returns on record between 2021 and 2023, listing 21 overdue payments to 14 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website northcred.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressH.No.2486 Aravli Vihar Sector – 49, Faridabad, Haryana, India – 121001
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Northcred Services Private Limited
The main business activities of Northcred Services are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Northcred Services Private Limited FY 2025 filings available
Northcred Services Private Limited reported revenue of ₹49.49 Cr (down 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Northcred Services Private Limited
Revenue fell 53% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 219%. EBITDA rose 20% 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 Northcred Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹26.37 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹76.35 Cr | •••• | •••• | •••• | •••• |
| 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 of Northcred Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -53.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -154.3% | •••• | •••• | •••• | •••• |
| 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 Northcred Services are in the company report.
Financial statements from FY 2019
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.
Board of Directors of Northcred Services Private Limited
Northcred Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramanshu Mahaur Also directs: Quixote Automotive Technologies Private Limited, Service Easy Technology Private Limited, Spinny Capital Private Limited and 4 more | Director | 12 Mar 2019 | 7 Years 7 Months | Current |
| Mohit Gupta | Director | 12 Mar 2019 | 7 Years 7 Months | Current |
Peer Comparison of Northcred Services Private Limited
Northcred Services Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swapnapurti Motors Private Limited | ₹49.68 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Sangli, Maharashtra, India |
| Insperon Autocraft Industries Private Limited | ₹49.63 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Chinchwad, Maharashtra, India |
| Maks EV Private Limited | ₹49.61 Cr (FY 2024) | •••• | •••• | 706.0% | •••• | Pune, Maharashtra, India |
| Dream Autoriders India Private Limited | ₹49.56 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Solapur, Maharashtra, India |
| Shanti Kangan Motors Private Limited | ₹49.51 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Hyderabad, Telangana, India |
| Northcred Services Private Limited this company | ₹49.49 Cr (FY 2025) | •••• | •••• | -53.0% | •••• | Faridabad, Haryana, India |
| Osl Exclusive Private Limited | ₹49.39 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Cuttack, Odisha, India |
| Dutta Automobiles Private Limited | ₹49.37 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Kolkata, West Bengal, India |
| Chungath Sprise Motors Private Limited | ₹49.34 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Kollam, Kerala, India |
| Simital Wheels Private Limited | ₹49.34 Cr (FY 2024) | •••• | •••• | 309.0% | •••• | Hanumangarh, Rajasthan, India |
| Emerald Bikes Private Limited | ₹49.32 Cr (FY 2019) | •••• | •••• | -5.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Northcred Services by revenue in the Automobiles industry (Auto and Components Dealers), 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 Northcred Services Private Limited
Northcred Services Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. Batliboi & Associates LLP | 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.
Ownership and Shareholding of Northcred Services 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 Northcred Services Private Limited
Northcred Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Northcred Services Private Limited
Northcred Services Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹98.09 Cr; the latest was in April 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Funding round | ₹98.09 Cr | Investors: Valuedrive Technologies Private Limited |
| Feb 2020 | Rights issue | ₹25 Lakh | Investors: Valuedrive Technologies Private Limited |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Northcred Services Private Limited
Northcred Services Private Limited has 8 MSME Form 1 returns on record between 2021 and 2023, listing 21 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Cuuro Motors-Ref | •••• | •••• | •••• |
| Dynasole Industries | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Northcred Services Private Limited
Northcred Services Private Limited has a workforce of 4 employees as of Mar 30, 2024.
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 Northcred Services Private Limited
Northcred Services Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Mohit Gupta was appointed as Director on 12 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts for Northcred Services 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.
Subsidiaries & Group Companies of Northcred Services 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 Northcred Services Private Limited
Northcred Services has 14 GST registrations: 11 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAGCN4477P1ZR | Haryana | Active | 01 Aug 2019 |
| 09AAGCN4477P1ZL | Uttar Pradesh | Active | 01 Aug 2019 |
| 29AAGCN4477P1ZJ | Karnataka | Active | 01 Aug 2019 |
| 36AAGCN4477P1ZO | Telangana | Active | 04 Oct 2019 |
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 Northcred Services 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 Northcred Services Private Limited
Northcred Services is an active private limited company based in Faridabad, Haryana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 March 2019 (7+ years old) and is registered under CIN U50400HR2019PTC079065.
Northcred Services reported revenue of ₹49.49 Cr for FY 2025 (down 53% YoY).
Northcred Services has 2 current directors:
- Ramanshu Mahaur - Director
- Mohit Gupta - Director
Northcred Services reported a net loss of ₹76.35 Cr (net margin -154.3%) and EBITDA of -₹26.37 Cr (EBITDA margin -53.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Northcred Services is 22% over three years and 219% over five years. In the latest year (FY 2025) revenue fell 53%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Northcred Services is 06AAGCN4477P1ZR, registered in Haryana. The company has 14 GST registrations in all, of which 11 are active and 3 are cancelled or inactive. Other active GSTINs include 09AAGCN4477P1ZL (Uttar Pradesh), 29AAGCN4477P1ZJ (Karnataka), 36AAGCN4477P1ZO (Telangana).
The CIN (Corporate Identification Number) of Northcred Services is U50400HR2019PTC079065. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Northcred Services was incorporated on 12 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
Northcred Services has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹98.09 Cr; the latest was in April 2022.
The peers of Northcred Services by revenue are Swapnapurti Motors Private Limited, Insperon Autocraft Industries Private Limited, Maks EV Private Limited, Dream Autoriders India Private Limited, Shanti Kangan Motors Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers).
Mohit Gupta was appointed as Director on 12 Mar 2019. Ramanshu Mahaur was appointed as Director on 12 Mar 2019.
Northcred Services has 8 MSME Form 1 returns on record between 2021 and 2023, listing 21 overdue payments to 14 micro and small suppliers. The latest return was filed on 31 Aug 2023.