About Aasaan Credits Private Limited
Data last updated:
Aasaan Credits Private Limited is a private limited company based in Delhi, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 28 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65100DL2015PTC280925. Its GSTIN is 07AANCA4909J1ZE (Delhi).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.16 Cr. It is led by directors including Krishan Kumar Taneja and Karuna Chandna.
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 G – 602 Sai Baba Apartment Sector – 9 Rohini, Delhi, India – 110085.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.74 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹3.6 Lakh (net margin -36.9%) and EBITDA of -₹8.14 Lakh (EBITDA margin -83.5%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 10% over five years.
The company is associated with 1 brand: Aasaan Credits.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aasaancredits.com.
Company details
Contact details
Aasaan Credits Private Limited's registered office is in Delhi, Delhi. Its website is aasaancredits.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 602 Sai Baba Apartment Sector – 9 Rohini, Delhi, India – 110085
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Aasaan Credits 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
Brands
Aasaan Credits operates one associated brand: Aasaan Credits. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive online solutions for consumer and business loans. | aasaancredits.com |
Business activity
The main business activity of Aasaan Credits is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities |
To see the full business activity and turnover split of Aasaan Credits Private Limited, buy the company report.
Financials of Aasaan Credits Private Limited
FY 2024 filings availableAasaan Credits Private Limited reported revenue of ₹9.74 Lakh (down 74% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 74% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. 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
| 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 | ₹9.74 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹8.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.6 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 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -83.5% | ||||
| Net Profit Margin | -36.9% | ||||
| 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 Aasaan Credits Private Limited, buy the company report.
Board of directors of Aasaan Credits Private Limited
Aasaan Credits has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishan Kumar Taneja | Director | 12 Nov 2021 | 4 Years 11 Months | Current |
| Sukriti Chandna | Additional Director | 02 Sep 2025 | 1 Years 1 Months | Current |
| Karuna Chandna | Director | 01 Oct 2019 | 7 Years 0 Months | Current |
Auditor
Aasaan Credits Private Limited is audited by PARVEEN MADAAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARVEEN MADAAN & CO | FY 2023 | 022502N |
Shareholding
The shareholding of Aasaan Credits Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aasaan Credits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aasaan Credits 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 Aasaan Credits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aasaan Credits has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AANCA4909J1ZE | Delhi | Active | 03 Mar 2019 |
To see the full GST registrations and return filing status of Aasaan Credits Private Limited, buy the company report.
Recent activity
Aasaan Credits Private Limited has 14 board changes on record since 2016: 3 appointments and 11 cessations. The latest: Sukriti Chandna was appointed as Additional Director on 02 Sep 2025.
5 earlier events are in the company report.
Frequently asked questions
Aasaan Credits is an active private limited company based in Delhi, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 28 May 2015 (11+ years old) and is registered under CIN U65100DL2015PTC280925.
Aasaan Credits has 3 current directors:
- Krishan Kumar Taneja - Director
- Sukriti Chandna - Additional Director
- Karuna Chandna - Director
The latest financial statements of Aasaan Credits 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 2016 are in the company report.
The GSTIN of Aasaan Credits is 07AANCA4909J1ZE, registered in Delhi.
The CIN (Corporate Identification Number) of Aasaan Credits is U65100DL2015PTC280925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aasaan Credits was incorporated on 28 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Sukriti Chandna was appointed as Additional Director on 02 Sep 2025. Tanay Mittal ceased to be Additional Director on 27 Jul 2022. Ajay Gupta ceased to be Director on 04 Apr 2022. Aasaan Credits has 14 board changes on record in total.
Aasaan Credits can be reached through the website aasaancredits.com. Its registered office is in Delhi, India.
The registered office of Aasaan Credits is at G – 602 Sai Baba Apartment Sector – 9 Rohini, Delhi, India – 110085.
Aasaan Credits operates in the financial services industry, in the microfinance institutions segment.