Credence Chem Private Limited - Company Profile

It is a chemicals and materials private limited company based in Ahmedabad, Gujarat, India, established in 2015.
2015 Ahmedabad, Gujarat, India Active
Last Updated:
About Credence Chem Private Limited

Credence Chem Private Limited, a active private limited company, was established on 25 March 2015 in Ahmedabad, Gujarat, India. Engaging in chemical distribution & retail within the trade sector, it holds CIN: U24100GJ2015PTC082693. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Employing 17 professional, Its leadership includes Tusharbhai Chimanlal Vora (Director), Rushin Tusharbhai Vora (Director). It holds ₹23.04 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 31/A-31/B, Xcelon Industrial Park-2, Sarkhej Bavla Village Vasna Chacharwadi, Taluka Sanand, ,, Ahmedabad, Gujarat, 382213.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U24100GJ2015PTC082693

  • Registration Number

    082693

  • Incorporation Date

    25 March 2015

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 23.04 Cr
  • Revenue Growth **** 16.45%
  • Profit Growth **** -29.56%
  • Ebitda **** -22.86%
  • Net Worth 21.59%
  • Total Assets **** 34.73%
Company report

Credence Chem Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Credence Chem 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 Credence Chem Private Limited?
Current Directors
Name Designation Appointment Date Status
Tusharbhai Chimanlal Vora Director 25 Mar 2015 Current
Rushin Tusharbhai Vora Director 25 Mar 2015 Current

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Financial Performance of Credence Chem.

Credence Chem Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.45% increase. The company also saw a substantial fall in profitability, with a 29.56% decrease in profit. The company's net worth Soared by an impressive increase of 21.59%.

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

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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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16.45%
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Revenue from Operations
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16.43%
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Total Assets
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34.73%
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Profit or Loss
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-29.56%
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Net Worth
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21.59%
*******
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*******
*******
EBITDA
*******
-22.86%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Credence Chem?

In 2023, Credence Chem had a promoter holding of 99.98% and a public holding of 0.02%. 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

₹230,443,818.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 22.60 Cr
  • Hdfc Bank Limited : 0.44 Cr
Latest Charge Details
Date Lender Amount Status
18 Feb 2022 Others ₹1.79 M Open
30 Mar 2021 Others ₹0.98 M Open
28 Jan 2021 Hdfc Bank Limited ₹0.94 M Open
19 Oct 2020 Hdfc Bank Limited ₹3.50 M Open
27 Feb 2017 Others ₹22.32 Cr Open

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How Many Employees Work at Credence Chem?

Unlock and access historical data on people associated with Credence Chem, 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 Credence Chem, 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 Credence Chem'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 Credence Chem
Recent Activity within the Organization
  • Annual General Meeting

    The activity Credence Chem Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Credence Chem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    A charge with Others of Rs. 223.24 M registered on 27 Feb 2017 with Charge ID 100079810 was modified on 25 Jan 2023. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 1.79 M with Charge ID 100545810 was registered on 18 Feb 2022. was completed.

  • Charges

    A charge with Others amounted to Rs. 0.98 M with Charge ID 100438742 was registered on 30 Mar 2021. was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.94 M with Charge ID 100412786 was registered on 28 Jan 2021. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Credence Chem Private Limited?

The CIN of Credence Chem Private Limited is U24100GJ2015PTC082693.

Where is Credence Chem Private Limited headquartered?

Credence Chem Private Limited is headquartered at 31/A-31/B, Xcelon Industrial Park-2, Sarkhej Bavla Village Vasna Chacharwadi, Taluka Sanand, ,, Ahmedabad, Gujarat, 382213.

When was Credence Chem Private Limited incorporated?

Credence Chem Private Limited was incorporated on 25 March 2015.

Who are the current directors of Credence Chem Private Limited?

The current directors of Credence Chem Private Limited are

What is the primary industry of Credence Chem Private Limited?

The primary industry of Credence Chem Private Limited is Trade.

Is Credence Chem Private Limited a listed company?

Credence Chem Private Limited is unlisted.

What is the capital structure of Credence Chem Private Limited?

The authorized capital of Credence Chem Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Credence Chem Private Limited?

The compliance status of Credence Chem Private Limited is Compliant.

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