Credence Commerce Industries Private Limited Company Logo

Credence Commerce Industries Private Limited - Company Profile

It is a agriculture private limited company based in Ahmedabad, Gujarat, India, established in 2010.

2010 | Ahmedabad, Gujarat, India | Active
Last Updated:

About Credence Commerce Industries Private Limited

Credence Commerce Industries Private Limited, a active private limited company, was established on 26 May 2010 in Ahmedabad, Gujarat, India. Engaging in agri support services within the trade sector, it holds CIN: U51909GJ2010PTC060905. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹3.00 M.

Formerly known as Credence Agri Commodities Solutions Private Limited, Credence Industries (I) Private Limited. It upholds a compliant status. Its leadership includes Nirav Mahendrabhai Patel (Director), Romi Kirtikumar Patel (Director). Past directors included Bimalkumar Mahendrabhai Patel. It holds no open charges and ₹5.50 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 1006, C - Wing, Ganesh Meridien Opp. New Gujarat High Court, S. G. Highw, Ay, Ahmedabad, Gujarat, 380060.

Company Details

  • CIN/LLPIN

    U51909GJ2010PTC060905

  • Registration Number

    060905

  • Incorporation Date

    26 May 2010

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹3.00 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 15 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 5.50 Cr
  • Revenue Growth -25.09%
  • Profit Growth 218.04%
  • Ebitda 295.25%
  • Net Worth 201.35%
  • Total Assets -5.72%
Company report

Credence Commerce Industries Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Credence Commerce Industries 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 Commerce Industries Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Nirav Mahendrabhai PatelDirector26 May 2010Current
Romi Kirtikumar PatelDirector26 May 2010Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector03 Oct 2020Past

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Financial Performance of Credence Commerce Industries.

Credence Commerce Industries Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 25.09% decrease. The company also saw a substantial improvement in profitability, with a 218.04% increase in profit. The company's net worth Soared by an impressive increase of 201.35%.

Credence Commerce Industries revenue growth over time
Credence Commerce Industries profit and loss trends over time
  • 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
-25.09%
Revenue from Operations
-23.32%
Total Assets
-5.72%
Profit or Loss
218.04%
Net Worth
201.35%
EBITDA
295.25%

What is the Ownership and Shareholding Structure of Credence Commerce Industries?

In 2021, Credence Commerce Industries 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 Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹55,000,000.00

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 3.50 Cr
  • Hdfc Bank Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Sep 2015Yes Bank Limited₹3.50 CrSatisfied
25 Jul 2014Hdfc Bank Limited₹2.00 CrSatisfied

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How Many Employees Work at Credence Commerce Industries?

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

Employee growth trends for Credence Commerce Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Credence Commerce Industries, 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 Commerce Industries'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.

Latest Updates, News, and FAQs on Credence Commerce Industries

Recent Activity within the Organization

  • Annual General Meeting

    Credence Commerce Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Credence Commerce Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    A charge registered on 29 Sep 2015 via Charge ID 10594009 with Yes Bank Limited was fully satisfied on 24 Aug 2018. was recorded as a recent event.

  • Charges

    The activity A charge registered on 25 Jul 2014 via Charge ID 10511088 with Hdfc Bank Limited was fully satisfied on 08 Oct 2015. was completed.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 35.00 M with Charge ID 10594009 was registered on 29 Sep 2015. was recorded as a recent event.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 20.00 M with Charge ID 10511088 was registered on 25 Jul 2014. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Credence Commerce Industries Private Limited?

    The CIN of Credence Commerce Industries Private Limited is U51909GJ2010PTC060905.

  • Where is Credence Commerce Industries Private Limited headquartered?

    Credence Commerce Industries Private Limited is headquartered at 1006, C - Wing, Ganesh Meridien Opp. New Gujarat High Court, S. G. Highw, Ay, Ahmedabad, Gujarat, 380060.

  • When was Credence Commerce Industries Private Limited incorporated?

    Credence Commerce Industries Private Limited was incorporated on 26 May 2010.

  • Who are the current directors of Credence Commerce Industries Private Limited?

    The current directors of Credence Commerce Industries Private Limited are

  • What is the primary industry of Credence Commerce Industries Private Limited?

    The primary industry of Credence Commerce Industries Private Limited is Trade.

  • Is Credence Commerce Industries Private Limited a listed company?

    Credence Commerce Industries Private Limited is unlisted.

  • What is the capital structure of Credence Commerce Industries Private Limited?

    The authorized capital of Credence Commerce Industries Private Limited is ₹5.00 M, and the paid-up capital is ₹3.00 M.

  • What is the compliance status of Credence Commerce Industries Private Limited?

    The compliance status of Credence Commerce Industries Private Limited is Compliant.

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