Credenceone Associates Private Limited
About Credenceone Associates Private Limited
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Credenceone Associates Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2013PTC148283. Its GSTIN is 27AAFCC3828G1ZP (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Sampada Hemant Kale and Hemant Purushottam Kale.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at E 203 10 Kasturkunj Ics Colony, Pune, Maharashtra, India – 411007.
As per the financials filed for FY 2020, the company reported a revenue of ₹39,847, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹5.44 Lakh and EBITDA of -₹1.02 Lakh (EBITDA margin -255.7%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 71% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Credenceone Associates Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressE 203 10 Kasturkunj Ics Colony, Pune, Maharashtra, India – 411007
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Credenceone Associates Private Limited, buy the company report.
- 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
Business activity
The main business activity of Credenceone Associates is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Credenceone Associates Private Limited, buy the company report.
Financials of Credenceone Associates Private Limited
FY 2023 filings availableCredenceone Associates Private Limited reported revenue of ₹39,847 (down 86% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 71% over five years, including a 86% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹39,847 | ||||
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| Total Expenses | |||||
| EBITDA | -₹1.02 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹5.44 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -255.7% | ||||
| Net Profit Margin | |||||
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To see the full financial statements and ratios of Credenceone Associates Private Limited, buy the company report.
Board of directors of Credenceone Associates Private Limited
Credenceone Associates has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sampada Hemant Kale | Director | 29 Jul 2013 | 13 Years 3 Months | Current |
| Hemant Purushottam Kale | Director | 21 Nov 2013 | 12 Years 11 Months | Current |
| Shrirang Prabhakar Tidke Also directs: Labjump Services Private Limited | Director | 21 Nov 2013 | 12 Years 11 Months | Current |
Auditor
Credenceone Associates Private Limited is audited by V B JOSHI & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V B JOSHI & ASSOCIATES | FY 2020 | 114887W |
Shareholding
The shareholding of Credenceone Associates Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Credenceone Associates Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Credenceone Associates Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Credenceone Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Credenceone Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCC3828G1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Credenceone Associates Private Limited, buy the company report.
Recent activity
Credenceone Associates Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Manisha Tidke ceased to be Director on 10 Jun 2021.
Frequently asked questions
Credenceone Associates is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 July 2013 (13+ years old) and is registered under CIN U72900PN2013PTC148283.
Credenceone Associates has 3 current directors:
- Sampada Hemant Kale - Director
- Hemant Purushottam Kale - Director
- Shrirang Prabhakar Tidke - Director
The latest financial statements of Credenceone Associates on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Credenceone Associates is 27AAFCC3828G1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Credenceone Associates is U72900PN2013PTC148283. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Credenceone Associates was incorporated on 29 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
Manisha Tidke ceased to be Director on 10 Jun 2021. Hemant Purushottam Kale was appointed as Director on 21 Nov 2013. Shrirang Prabhakar Tidke was appointed as Director on 21 Nov 2013. Credenceone Associates has 4 board changes on record in total.
The registered office of Credenceone Associates is at E 203 10 Kasturkunj Ics Colony, Pune, Maharashtra, India – 411007.
Credenceone Associates operates in the information technology industry, in the IT consulting and support services segment.
The compliance status of Credenceone Associates is compliant as of 25 September 2026. The company is actively filing with the Registrar of Companies.
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