Cherussery Credits Private Limited - Company Profile

It is a financial services private limited company based in Medchal Malkajgiri, Telangana, India, established in 1989.
1989 Medchal Malkajgiri, Telangana, India Active
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About Cherussery Credits Private Limited

Cherussery Credits Private Limited, a active private limited company, was established on 27 December 1989 in Medchal Malkajgiri, Telangana, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U65993TG1989PTC117186. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹8.00 Cr and a paid-up capital of ₹6.06 Cr.

Formerly known as Shashidhara Finance Private Limited. It upholds a compliant status. Its leadership includes Cherussery Raveendran Aarcha (Whole-Time Director), Gadha Cherussery Raveendran (Whole-Time Director), Sreeja Kizhakkeveettil Gangadharan (Whole-Time Director). Past directors included Ramesh Thekkeppat, Cherussery Raveendran Aarcha, Mamatha Mandava. It holds ₹8.50 M open charges and ₹4.25 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at H No.2-20-8/G/23, Room No.1, Plot No.23 South First Floor, Sri Giri Colony, Adarsh Nag, Ar, Uppal, Medchal Malkajgiri, Telangana, 500039.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65993TG1989PTC117186

  • Registration Number

    117186

  • Incorporation Date

    27 December 1989

  • Authorized Capital

    ₹8.00 Cr

  • Paid-Up Capital

    ₹6.06 Cr

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 6.06 Cr
  • Company Age 36 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.50 M
  • Satisfied Charges ₹ 4.25 Cr
  • Revenue Growth **** 15.52%
  • Profit Growth **** 3.21%
  • Ebitda **** 59.62%
  • Net Worth -6.97%
  • Total Assets **** 0.84%
Company report

Cherussery Credits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Cherussery Credits Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Cherussery Credits Private Limited?
Current Directors
Name Designation Appointment Date Status
Cherussery Raveendran Aarcha Whole-Time Director 01 Sep 2016 Current
Gadha Cherussery Raveendran Whole-Time Director 11 Feb 2022 Current
Sreeja Kizhakkeveettil Gangadharan Whole-Time Director 30 Apr 2016 Current
Cherussery Velayudhan Raveendran Managing Director 30 Apr 2016 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Chief Executive Officer - Past
Pramod Abcsdd Director 01 Apr 2025 Past
Pramod Abcsdd Director 02 May 2016 Past
Pramod Abcsdd Additional Director 28 Sep 2013 Past
Pramod Abcsdd Director 01 Apr 2025 Past
Pramod Abcsdd Director 01 Apr 2025 Past

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Financial Performance of Cherussery Credits.

Cherussery Credits Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.52% increase. The company also saw a slight improvement in profitability, with a 3.21% increase in profit. The company's net worth dipped by a decrease of 6.97%.

Cherussery Credits revenue growth over time
Cherussery Credits profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 15.52%
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*******
*******
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Revenue from Operations
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 15.01%
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*******
*******
*******
Total Assets
*******
 0.84%
*******
*******
*******
*******
Profit or Loss
*******
 3.21%
*******
*******
*******
*******
Net Worth
*******
 -6.97%
*******
*******
*******
*******
EBITDA
*******
 59.62%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Cherussery Credits?

In 2022, Cherussery Credits had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹8,500,000.00

Satisfied Charges

₹42,500,000.00

Charges Breakdown by Lending Institutions
  • Others : 0.85 Cr
Latest Charge Details
Date Lender Amount Status
20 Jan 2024 Others ₹3.00 M Open
31 Jan 2023 Others ₹0.30 M Open
22 Feb 2022 Others ₹5.20 M Open
01 Dec 2022 Others ₹1.00 M Satisfied
19 May 2022 Others ₹0.20 M Satisfied

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How Many Employees Work at Cherussery Credits?

Unlock and access historical data on people associated with Cherussery Credits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cherussery Credits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Cherussery Credits's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Cherussery Credits
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 12 Oct 2020 via Charge ID 100390479 with Others was fully satisfied on 12 Aug 2025. was documented.

  • Charges

    A charge registered on 06 Feb 2018 via Charge ID 100158310 with Dhanlaxmi Bank Limited was fully satisfied on 12 Aug 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 25 Jul 2020 via Charge ID 100372358 with Others was fully satisfied on 02 Jul 2025. was completed.

  • Charges

    A charge registered on 08 Jul 2020 via Charge ID 100372324 with Others was fully satisfied on 09 Jun 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 01 Oct 2021 via Charge ID 100491631 with Others was fully satisfied on 29 May 2025. was completed.

  • Charges

    The activity A charge registered on 01 Jun 2020 via Charge ID 100372199 with Others was fully satisfied on 19 May 2025. was completed.

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Frequently Asked Questions
What is the CIN of Cherussery Credits Private Limited?

The CIN of Cherussery Credits Private Limited is U65993TG1989PTC117186.

Where is Cherussery Credits Private Limited headquartered?

Cherussery Credits Private Limited is headquartered at H No.2-20-8/G/23, Room No.1, Plot No.23 South First Floor, Sri Giri Colony, Adarsh Nag, Ar, Uppal, Medchal Malkajgiri, Telangana, 500039.

When was Cherussery Credits Private Limited incorporated?

Cherussery Credits Private Limited was incorporated on 27 December 1989.

Who are the current directors of Cherussery Credits Private Limited?

The current directors of Cherussery Credits Private Limited are

What is the primary industry of Cherussery Credits Private Limited?

The primary industry of Cherussery Credits Private Limited is Financial And Insurance Service.

Is Cherussery Credits Private Limited a listed company?

Cherussery Credits Private Limited is unlisted.

What is the capital structure of Cherussery Credits Private Limited?

The authorized capital of Cherussery Credits Private Limited is ₹8.00 Cr, and the paid-up capital is ₹6.06 Cr.

What is the compliance status of Cherussery Credits Private Limited?

The compliance status of Cherussery Credits Private Limited is Compliant.

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