About Asset9 Credits Limited
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Asset9 Credits Limited is a public limited company based in New Delhi, Delhi, India. It operates in the asset financing companies segment of the financial services sector. It was incorporated on 04 June 1946 and has been in existence for over 80 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72100DL1946PLC001020. Its GSTIN is 07AAACD1221H2Z9 (Delhi). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹54 Lakh and a paid-up capital of ₹32.3 Lakh. It was formerly known as Delhi Properties and Building Society Limited and Delhi Properties and Building Society Private Limited. It is led by directors including Eldho George and Eldho Puthenpurackal Thomas.
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 Cabin No 113 23/1 – E Second Floor, Near Videocon Tower Jhandewalan Extention New Delhi, Delhi, India – 110055.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.55 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹28.09 Lakh (net margin 11%) and EBITDA of ₹1.48 Cr (EBITDA margin 58.1%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 69% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.04 Cr on record. Court records list 45 cases involving the company, including 39 filed by the company and 6 filed against it; 42 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asset9credits.com.
Company details
Name history
Asset9 Credits has undergone 2 name changes throughout its history. The company was previously known as Delhi Properties And Building Society Limited, and Delhi Properties And Building Society Private Limited. The current legal name is Asset9 Credits Limited.
| Company Name | Status |
|---|---|
| Asset9 Credits Limited | Current |
| Delhi Properties And Building Society Limited | Previous |
| Delhi Properties And Building Society Private Limited | Previous |
Contact details
Asset9 Credits Limited's registered office is in New Delhi, Delhi. Its website is asset9credits.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCabin No 113 23/1 – E Second Floor, Near Videocon Tower Jhandewalan Extention New Delhi, Delhi, India – 110055
- IndustryFinancial Services, Asset Financing Companies, NBFC, Investment & Credit NBFC
To see the full contact details of Asset9 Credits 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
Business activity
The main business activity of Asset9 Credits is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Asset9 Credits Limited, buy the company report.
Financials of Asset9 Credits Limited
FY 2024 filings availableAsset9 Credits Limited reported revenue of ₹2.55 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 69%. EBITDA fell 2% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.48 Cr | ||||
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| Net Profit (PAT) | ₹28.09 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 58.1% | ||||
| Net Profit Margin | 11% | ||||
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To see the full financial statements and ratios of Asset9 Credits Limited, buy the company report.
Board of directors of Asset9 Credits Limited
Asset9 Credits has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Eldho George Also directs: Inog Chits Private Limited | Director | 29 May 2019 | 7 Years 5 Months | Current |
| Eldho Puthenpurackal Thomas | Director | 19 Jun 2019 | 7 Years 4 Months | Current |
| Santhosh Kuriakose Puthuckayil | Director | 19 Jun 2019 | 7 Years 4 Months | Current |
| George Eldho George Maly | Director | 09 Oct 2025 | 1 Years 0 Months | Current |
| Nisha Eldho | Director | 09 Oct 2025 | 1 Years 0 Months | Current |
Auditor
Asset9 Credits Limited is audited by VARGIS JACOB AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VARGIS JACOB AND ASSOCIATES | FY 2023 | 004529S |
Shareholding
The shareholding of Asset9 Credits Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asset9 Credits Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Aug 2025 | 101178308 | Others | ₹96.5 Lakh | Open | |
| 20 Feb 2023 | 100684176 | Others | ₹22 Lakh | Open | |
| 26 Jul 2022 | 100600208 | The South Indian Bank Limited | ₹1 Cr | Open | |
| 25 Mar 2022 | 100571947 | Others | ₹29 Lakh | Open | |
| 28 Feb 2022 | 100588604 | Others | ₹96 Lakh | Open |
Total charge records: 6 View all charges
Legal cases
Asset9 Credits Limited has 45 court cases on record: 39 filed by Asset9 Credits, 6 filed against it. 42 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 3 | 39 |
| High courts | 3 | 3 | 3 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pathanamthitta, Kerala | Civil suit | Filed against the company | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against an individual | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against M/S Aluva Bethel Suvisesha Sangam | Pending |
To see the full case history of Asset9 Credits Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asset9 Credits Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asset9 Credits has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACD1221H2Z9 | Delhi | Active | 17 Apr 2024 |
| 32AAACD1221H1ZH | Kerala | Active | 05 Feb 2025 |
To see the full GST registrations and return filing status of Asset9 Credits Limited, buy the company report.
Recent activity
Asset9 Credits Limited has 27 board changes on record since 1994: 16 appointments and 11 cessations. The latest: George Eldho George Maly was appointed as Director on 09 Oct 2025.
24 earlier events are in the company report.
Frequently asked questions
Asset9 Credits is an active public limited company based in New Delhi, Delhi, India. The company works in asset financing companies, within the financial services industry. It was incorporated on 04 June 1946 (80+ years old) and is registered under CIN U72100DL1946PLC001020.
Asset9 Credits has 5 current directors:
- Eldho George - Director
- Eldho Puthenpurackal Thomas - Director
- Santhosh Kuriakose Puthuckayil - Director
- George Eldho George Maly - Director
- Nisha Eldho - Director
The latest financial statements of Asset9 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 2015 are in the company report.
The GSTIN of Asset9 Credits is 07AAACD1221H2Z9, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 32AAACD1221H1ZH (Kerala).
The CIN (Corporate Identification Number) of Asset9 Credits is U72100DL1946PLC001020. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asset9 Credits has 45 court cases on record: 39 filed by the company and 6 filed against it. 42 are pending. Most are in the district courts.
Asset9 Credits was incorporated on 04 June 1946, making it 80+ years old. It is registered with the Registrar of Companies, Delhi.
George Eldho George Maly was appointed as Director on 09 Oct 2025. Nisha Eldho was appointed as Director on 09 Oct 2025. Vinodkumar Jacob ceased to be Director on 21 Sep 2025. Asset9 Credits has 27 board changes on record in total.
Asset9 Credits can be reached through the website asset9credits.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Asset9 Credits is at Cabin No 113 231 – E Second Floor, Near Videocon Tower Jhandewalan Extention New Delhi, Delhi, India – 110055.
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