Credence Solutions Private Limited - Company Profile

It is a information technology private limited company based in Delhi, Delhi, India, established in 2009.
2009 Delhi, Delhi, India Active
Last Updated:
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About Credence Solutions Private Limited

Credence Solutions Private Limited, a active private limited company, was established on 08 October 2009 in Delhi, Delhi, India. Engaging in it products retail & distribution within the trade sector, it holds CIN: U74140DL2009PTC195012. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.37 M.

It upholds a compliant status. Employing 2 professional, Its leadership includes Rakesh Sharma (Director), Mohd Kamil (Director), Sajid Khan (Director). Past directors included Shahab Ali Saqib, Ansar Subooor, Rakesh Sharma. It holds ₹5.51 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Shop No. 119, J & K Block Laxmi Nagar, Delhi, Delhi, 110092.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74140DL2009PTC195012

  • Registration Number

    195012

  • Incorporation Date

    08 October 2009

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.37 M

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.37 M
  • Company Age 16 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.51 M
  • Revenue Growth **** 428.50%
  • Profit Growth **** 122.94%
  • Ebitda **** 104.43%
  • Net Worth 200.31%
  • Total Assets **** 38.81%
Company report

Credence Solutions Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Credence Solutions 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 Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Rakesh Sharma Director 21 Oct 2020 Current
Mohd Kamil Director 08 Oct 2009 Current
Sajid Khan Director 08 Oct 2009 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Apr 2011 Past
Pramod Abcsdd Director 31 May 2019 Past
Pramod Abcsdd Additional Director 31 Dec 2020 Past
Pramod Abcsdd Director 14 Jun 2022 Past
Pramod Abcsdd Director 01 Apr 2011 Past
Pramod Abcsdd Additional Director 01 Aug 2019 Past

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Financial Performance of Credence Solutions.

Credence Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 428.5% increase. The company also saw a substantial improvement in profitability, with a 122.94% increase in profit. The company's net worth Soared by an impressive increase of 200.31%.

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

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 428.50%
*******
*******
*******
*******
Revenue from Operations
*******
 437.39%
*******
*******
*******
*******
Total Assets
*******
 38.81%
*******
*******
*******
*******
Profit or Loss
*******
 122.94%
*******
*******
*******
*******
Net Worth
*******
 200.31%
*******
*******
*******
*******
EBITDA
*******
 104.43%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Credence Solutions?

Unlock access to Credence Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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

₹5,506,761.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 0.50 Cr
  • Hdfc Bank Limited : 0.05 Cr
Latest Charge Details
Date Lender Amount Status
28 Jun 2023 Axis Bank Limited ₹5.00 M Open
01 Jan 2021 Hdfc Bank Limited ₹0.51 M Open

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How Many Employees Work at Credence Solutions?

Credence Solutions has a workforce of 2 employees as of Apr 05, 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 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

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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

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Latest Updates, News, and FAQs on Credence Solutions
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Credence Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

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

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 5.00 M with Charge ID 100737524 was registered on 28 Jun 2023. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.51 M with Charge ID 100427651 was registered on 01 Jan 2021. was documented.

  • Director Appointment

    The activity Rakesh Sharma was appointed as a Director was appointed as a Director on 21 Oct 2020 & has been associated with this company since 5 years 3 months . was completed.

  • Director Appointment

    The activity Mohd Kamil was appointed as a Director was appointed as a Director on 08 Oct 2009 & has been associated with this company since 16 years 4 months . was completed.

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

The CIN of Credence Solutions Private Limited is U74140DL2009PTC195012.

Where is Credence Solutions Private Limited headquartered?

Credence Solutions Private Limited is headquartered at Shop No. 119, J & K Block Laxmi Nagar, Delhi, Delhi, 110092.

When was Credence Solutions Private Limited incorporated?

Credence Solutions Private Limited was incorporated on 08 October 2009.

Who are the current directors of Credence Solutions Private Limited?

The current directors of Credence Solutions Private Limited are

What is the primary industry of Credence Solutions Private Limited?

The primary industry of Credence Solutions Private Limited is Trade.

Is Credence Solutions Private Limited a listed company?

Credence Solutions Private Limited is unlisted.

What is the capital structure of Credence Solutions Private Limited?

The authorized capital of Credence Solutions Private Limited is ₹0.50 M, and the paid-up capital is ₹0.37 M.

What is the compliance status of Credence Solutions Private Limited?

The compliance status of Credence Solutions Private Limited is Compliant.

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