MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-26-0207976
Credence Resource Management Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹245.72 Cr
▲ 54% YoY
Net profit · FY 2025
₹18.62 Cr
Net margin 7.6%
EBITDA · FY 2025
₹26.17 Cr
EBITDA margin 10.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹27.84 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Credence Resource Management Private Limited
Data last updated:
Credence Resource Management Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Credence Resource Management Llc. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 03 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74120PN2013PTC154340. Its GSTIN is 27AADCI3240E1ZZ (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹27.84 Lakh. It was formerly known as International Portfolio Management Private Limited. It is led by directors including Karan Negi and Rajiv Kumar Bhagat.
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 Plot No. 3/1 2nd Floor South Tower E Park Kharadi M.I.D.C. Kharadi, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2025, the company reported a revenue of ₹245.72 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹18.62 Cr (net margin 7.6%) and EBITDA of ₹26.17 Cr (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 12% over five years.
The company is associated with 2 brands: Credence Global Solutions and Credence Resource Management. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Credence Resource Management Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0207976). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website credencerm.com.
Company details
CIN U74120PN2013PTC154340
Registration Number 154340
Incorporation Date 03 July 2013
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Credence Resource Management Llc
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0207976
CIN history
Credence Resource Management has one previous CIN (Corporate Identification Number): U74120MH2013PTC245159. The current CIN is U74120PN2013PTC154340, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120PN2013PTC154340 | Current |
| U74120MH2013PTC245159 | Previous |
Recognitions & Rankings of Credence Resource Management
Contact details
Credence Resource Management Private Limited's registered office is in Pune, Maharashtra. Its website is credencerm.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 3/1 2nd Floor South Tower E Park Kharadi M.I.D.C. Kharadi, Pune, Maharashtra, India – 411014
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Credence Resource Management Private Limited, buy the company report.
Comprehensive company report
Credence Resource Management Private Limited - one report that includes everything
- 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
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Brands
Credence Resource Management operates two associated brands: Credence Global Solutions and Credence Resource Management. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers business process outsourcing, revenue cycle management, and customer experience services. | credencegs.com | |
| Custom power electronics and electromechanical systems are designed and manufactured. | credencerm.com |
Business activity
The main business activity of Credence Resource Management is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Credence Resource Management Private Limited, buy the company report.
Financials of Credence Resource Management Private Limited
FY 2025 filings availableCredence Resource Management Private Limited reported revenue of ₹245.72 Cr (up 54% YoY) for FY 2025.
Revenue · FY 2025
₹245.72 Cr ▲ 54%
Net profit · FY 2025
₹18.62 Cr margin 7.6%
EBITDA · FY 2025
₹26.17 Cr margin 10.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 54%
3 years · compounded
▲ 23%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 22%
5 years · compounded
▲ 5%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 54% growth in the latest year. EBITDA rose 63% 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 | ₹26.17 Cr | ||||
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| Net Profit (PAT) | ₹18.62 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 7.6% | ||||
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To see the full financial statements and ratios of Credence Resource Management Private Limited, buy the company report.
Board of directors of Credence Resource Management Private Limited
Credence Resource Management has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Negi Also directs: Suma Monde Kapital Partners Private Limited | Director | 16 Dec 2013 | 12 Years 10 Months | Current |
| Rajiv Kumar Bhagat | Director | 20 Apr 2022 | 4 Years 6 Months | Current |
| Soni Negi | Director | 25 Jul 2014 | 12 Years 2 Months | Current |
Auditor
Credence Resource Management Private Limited is audited by Suresh V Ranade And Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh V Ranade And Co. | FY 2023 | 133671W |
Shareholding
The shareholding of Credence Resource Management 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 Resource Management Private Limited, buy the company report.
Legal cases
Credence Resource Management Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Pending |
To see the full case history of Credence Resource Management Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Credence Resource Management Private Limited has 9 MSME Form 1 returns on record between 2021 and 2024, listing 103 overdue payments to 25 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 25)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Cityglide Travel Solutions Private Limited | |||
| an individual supplier | |||
| Atr Cabs & Services Private Limited | |||
| Poona Rent A Cab India Private Limited | |||
| Unity Cab Services Private Limited |
To see the full MSME payment records of Credence Resource Management Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Credence Resource Management has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI3240E1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Credence Resource Management Private Limited, buy the company report.
Recent activity
Credence Resource Management Private Limited has 8 board changes on record since 2013: 3 appointments and 5 cessations. The latest: Rajiv Kumar Bhagat ceased to be Additional Director on 30 Sep 2022.
AGM
Credence Resource Management Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Credence Resource Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Rajiv Kumar Bhagat ceased to be Additional Director.
Appointed
Rajiv Kumar Bhagat was appointed as Director.
Ceased
Soni Negi ceased to be Additional Director.
Ceased
Ershad Abbas Khan ceased to be Director.
Appointed
Soni Negi was appointed as Director.
Ceased
Sara Nizamuddin Khan ceased to be Director.
Ceased
Simran Ishtiyaq Kasu ceased to be Director.
Appointed
Karan Negi was appointed as Director.
Incorporation
03 Jul 2013
Credence Resource Management Private Limited was registered on 03 Jul 2013 with Roc Pune & aged 13 years 3 months as per MCA records.
Frequently asked questions
Credence Resource Management is an active private limited company based in Pune, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 03 July 2013 (13+ years old) and is registered under CIN U74120PN2013PTC154340.
Credence Resource Management has 3 current directors:
- Karan Negi - Director
- Rajiv Kumar Bhagat - Director
- Soni Negi - Director
The latest financial statements of Credence Resource Management 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 2015 are in the company report.
The GSTIN of Credence Resource Management is 27AADCI3240E1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Credence Resource Management is U74120PN2013PTC154340. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Credence Resource Management has 1 court case on record: 1 filed against it. 1 is pending.
Credence Resource Management was incorporated on 03 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
Rajiv Kumar Bhagat ceased to be Additional Director on 30 Sep 2022. Rajiv Kumar Bhagat was appointed as Director on 20 Apr 2022. Soni Negi ceased to be Additional Director on 30 Sep 2014. Credence Resource Management has 8 board changes on record in total.
Yes, Credence Resource Management is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0207976).
Credence Resource Management has 9 MSME Form 1 returns on record between 2021 and 2024, listing 103 overdue payments to 25 micro and small suppliers. The latest return was filed on 22 Apr 2024.
Credence Resource Management can be reached through the website credencerm.com. Its registered office is in Pune, Maharashtra, India.