About Credence Capital Private Limited
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Credence Capital Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 26 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2015PTC264838. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Credence Capital Advisory Private Limited. It is led by directors Sagar Jayesh Sangani and Mitali Dilip Somaiya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gala No 305 Vora Ind Complex Boidapad, Near Vasai Palghar Vasai – Virar City Vasai – 401208, Maharashtra, India – 401208.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.25 Lakh, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹41,096 (net margin -2.9%) and EBITDA of -₹53,317 (EBITDA margin -3.7%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 8% over five years.
The company is associated with 1 brand: Credence Capital Advisors.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website credencecapitaladv.com.
Company details
Contact details
Credence Capital Private Limited's registered office is in Vasai, Maharashtra. Its website is credencecapitaladv.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGala No 305 Vora Ind Complex Boidapad, Near Vasai Palghar Vasai – Virar City Vasai – 401208, Maharashtra, India – 401208
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Credence Capital 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
Credence Capital operates one associated brand: Credence Capital Advisors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers financial planning and wealth management for individuals and SMEs. | credencecapitaladv.com |
Business activity
The main business activity of Credence Capital is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Credence Capital Private Limited, buy the company report.
Financials of Credence Capital Private Limited
FY 2025 filings availableCredence Capital Private Limited reported revenue of ₹14.25 Lakh (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 31% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 33% 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 | -₹53,317 | ||||
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| Net Profit (PAT) | -₹41,096 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -3.7% | ||||
| Net Profit Margin | -2.9% | ||||
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To see the full financial statements and ratios of Credence Capital Private Limited, buy the company report.
Board of directors of Credence Capital Private Limited
Credence Capital has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Jayesh Sangani | Director | 26 May 2015 | 11 Years 5 Months | Current |
| Mitali Dilip Somaiya | Director | 30 Jul 2024 | 2 Years 3 Months | Current |
Auditor
Credence Capital Private Limited is audited by Sudhanshu Shekhar Singh for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sudhanshu Shekhar Singh | FY 2023 | 199938 |
Shareholding
The shareholding of Credence Capital Private 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 Credence Capital Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Credence Capital 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 Credence Capital Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Credence Capital has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Credence Capital Private Limited, buy the company report.
Recent activity
Credence Capital Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Mitali Dilip Somaiya ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Credence Capital is an active private limited company based in Vasai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 26 May 2015 (11+ years old) and is registered under CIN U74900MH2015PTC264838.
Credence Capital has 2 current directors:
- Sagar Jayesh Sangani - Director
- Mitali Dilip Somaiya - Director
The latest financial statements of Credence Capital on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
No. Credence Capital has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Credence Capital is U74900MH2015PTC264838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Credence Capital was incorporated on 26 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Mitali Dilip Somaiya ceased to be Additional Director on 29 Sep 2024. Mitali Dilip Somaiya was appointed as Director on 30 Jul 2024. Jayesh Dhirajlal Sangani ceased to be Director on 22 Aug 2019. Credence Capital has 6 board changes on record in total.
Credence Capital can be reached through the website credencecapitaladv.com. Its registered office is in Vasai, Maharashtra, India.
The registered office of Credence Capital is at Gala No 305 Vora Ind Complex Boidapad, Near Vasai Palghar Vasai – Virar City Vasai – 401208, Maharashtra, India – 401208.
Credence Capital operates in the business outsourcing industry, in the business and IT consulting segment.
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