Credence Logistics Limited Company Logo

Credence Logistics Limited - Company Profile

It is a transport and logistics public limited company based in Kolkata, West Bengal, India, established in 1991.

1991 | Kolkata, West Bengal, India | Active
Last Updated:

About Credence Logistics Limited

Credence Logistics Limited, a active public limited company, was established on 16 August 1991 in Kolkata, West Bengal, India. Engaging in integrated & diversified logistics services within the transport and storage sector, it holds CIN: U63090WB1991PLC052729. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹3.72 Cr.

Formerly known as Garuda Carriers & Shipping Pvt. Ltd., Credence Logistic Limited. It upholds a compliant status. Employing 26 professional, Its leadership includes Milind Nilkanth Mande (Additional Director), Namdeo Shankar Zagade (Additional Director), Suresh Kumar Mohanlal Yadav (Additional Director). Past directors included Satyabir Bhattacharyya, Umesh Bahadur, Pradeep Kumar Tewari. It holds ₹13.08 Cr open charges and ₹98.24 Cr settled loans. Its latest AGM occurred on 25 September 2018, with the balance sheet filed on 31 March 2018. It is based at 11, Khairu Place, 3Rd Floor,, Kolkata, West Bengal, 700072.

Company Details

  • CIN/LLPIN

    U63090WB1991PLC052729

  • Registration Number

    052729

  • Incorporation Date

    16 August 1991

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹3.72 Cr

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 3.72 Cr
  • Company Age 34 Year, 3 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 13.08 Cr
  • Satisfied Charges ₹ 98.24 Cr
  • Revenue Growth -2.07%
  • Profit Growth -220.19%
  • Ebitda -26.08%
  • Net Worth -11.21%
  • Total Assets -3.73%
Company report

Credence Logistics Limited

Company Report FY 2025-2026

Explore comprehensive insights into Credence Logistics 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 Logistics Limited?

Current Directors

NameDesignationAppointment DateStatus
Milind Nilkanth MandeAdditional Director27 Aug 2021Current
Namdeo Shankar ZagadeAdditional Director30 Jun 2022Current
Suresh Kumar Mohanlal YadavAdditional Director10 Jun 2019Current
Manoj KumarAdditional Director06 Jul 2019Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector01 Nov 2012Past
Pramod AbcsddDirector10 Jun 2011Past
Pramod AbcsddWhole-Time Director15 Oct 2012Past
Pramod AbcsddDirector01 Aug 2011Past
Pramod AbcsddDirector12 Oct 2017Past
Pramod AbcsddAdditional Director18 Dec 2013Past

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Financial Performance of Credence Logistics.

Credence Logistics Limited, for the financial year ended 2018, experienced Minor drop in revenue, with a 2.07% decrease. The company also saw a substantial fall in profitability, with a 220.19% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.21%.

Credence Logistics revenue growth over time
Credence Logistics 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
-2.07%
Revenue from Operations
-1.98%
Total Assets
-3.73%
Profit or Loss
-220.19%
Net Worth
-11.21%
EBITDA
-26.08%

What is the Ownership and Shareholding Structure of Credence Logistics?

In 2018, Credence Logistics had a public holding of 100.00%. The company had 1 Subsidiary. 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

₹130,762,359.00

Satisfied Charges

₹982,372,844.00

Charges Breakdown by Lending Institutions

  • Srei Equipment Finance Private Limited : 8.37 Cr
  • Others : 3.74 Cr
  • Srei Equipment Finance Limited : 0.97 Cr

Latest Charge Details

DateLenderAmountStatus
22 Aug 2016Others₹1.23 CrOpen
22 Aug 2016Others₹1.23 CrOpen
11 Jun 2016Others₹2.57 MOpen
11 Jun 2016Others₹2.57 MOpen
11 Jun 2016Others₹2.57 MOpen

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How Many Employees Work at Credence Logistics?

Credence Logistics has a workforce of 26 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Credence Logistics Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Credence Logistics, 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 Logistics'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 Logistics

Recent Activity within the Organization

  • Director Appointment

    The activity Namdeo Shankar Zagade was appointed as a Additional Director was appointed as a Additional Director on 30 Jun 2022 & has been associated with this company since 3 years 5 months . was completed.

  • Charges

    The activity A charge registered on 14 Oct 2019 via Charge ID 100300508 with Others was fully satisfied on 18 Feb 2022. was completed.

  • Charges

    A charge registered on 15 Dec 2016 via Charge ID 100077591 with Others was fully satisfied on 18 Feb 2022. was recorded as a recent event.

  • Director Appointment

    Milind Nilkanth Mande was appointed as a Additional Director was appointed as a Additional Director on 27 Aug 2021 & has been associated with this company since 4 years 3 months . was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 0.36 Cr with Charge ID 100300508 was registered on 14 Oct 2019. was recorded as a recent event.

  • Director Appointment

    The activity Manoj Kumar was appointed as a Additional Director was appointed as a Additional Director on 06 Jul 2019 & has been associated with this company since 6 years 4 months . was completed.

Frequently Asked Questions

  • What is the CIN of Credence Logistics Limited?

    The CIN of Credence Logistics Limited is U63090WB1991PLC052729.

  • Where is Credence Logistics Limited headquartered?

    Credence Logistics Limited is headquartered at 11, Khairu Place, 3Rd Floor,, Kolkata, West Bengal, 700072.

  • When was Credence Logistics Limited incorporated?

    Credence Logistics Limited was incorporated on 16 August 1991.

  • Who are the current directors of Credence Logistics Limited?

    The current directors of Credence Logistics Limited are

  • What is the primary industry of Credence Logistics Limited?

    The primary industry of Credence Logistics Limited is Transport And Storage.

  • Is Credence Logistics Limited a listed company?

    Credence Logistics Limited is unlisted.

  • What is the capital structure of Credence Logistics Limited?

    The authorized capital of Credence Logistics Limited is ₹10.00 Cr, and the paid-up capital is ₹3.72 Cr.

  • What is the compliance status of Credence Logistics Limited?

    The compliance status of Credence Logistics Limited is Compliant.

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