Credfine Digital India Private Limited

Credfine Digital India Private Limited - financial services in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U74140MH2020PTC335644 Incorporated 07 January 2020 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company financial services Startup India
Data last updated
Revenue · FY 2023
₹49,258
▲ 31% YoY
Net loss · FY 2023
₹8,466
Net margin -17.2%
EBITDA · FY 2023
-₹7,163
EBITDA margin -14.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹100
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
20
Provident fund records
Directors on board
3
As per MCA filings

About Credfine Digital India Private Limited

Data last updated:

Credfine Digital India Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 07 January 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2020PTC335644. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹100. It was formerly known as Inobela Finanza India Private Limited. It is led by directors including Hitesh Mehta and Harmesh Kishan Suri.

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 C – 701 Gaurav Residency Chs Ltd. Phase Nr Mayor Bungalow Kanakia Road, Thane, Maharashtra, India – 401107.

As per the financials filed for FY 2023, the company reported a revenue of ₹49,258, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹8,466 (net margin -17.2%) and EBITDA of -₹7,163 (EBITDA margin -14.5%).

The company has about 20 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: CredFine.

For more details, the company can be reached via its website credfine.com.

Company details

CIN U74140MH2020PTC335644
Registration Number 335644
Incorporation Date 07 January 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
DPIIT Recognition Recognised Startup

Name history

Credfine Digital India has undergone 2 name changes throughout its history. The company was previously known as Credfine Digital India Private Limited, and Inobela Finanza India Private Limited. The current legal name is Credfine Digital India Private Limited.

Company NameStatus
Credfine Digital India Private LimitedCurrent
Inobela Finanza India Private LimitedPrevious

Recognitions & Rankings of Credfine Digital India

Startup India Government of India

Contact details

Credfine Digital India Private Limited's registered office is in Thane, Maharashtra. Its website is credfine.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    C – 701 Gaurav Residency Chs Ltd. Phase Nr Mayor Bungalow Kanakia Road, Thane, Maharashtra, India – 401107
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Credfine Digital India Private Limited, buy the company report.

Comprehensive company report
Credfine Digital India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Credfine Digital India operates one associated brand: CredFine. Each brand links to its own profile.

BrandDescriptionWebsite
Marketplace for consumer and business loans is facilitated using AI.credfine.com

Business activity

The main business activity of Credfine Digital India is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Credfine Digital India Private Limited, buy the company report.

Financials of Credfine Digital India Private Limited

FY 2023 filings available

Credfine Digital India Private Limited reported revenue of ₹49,258 (up 31% YoY) for FY 2023.

Revenue · FY 2023
₹49,258 ▲ 31%
Net loss · FY 2023
₹8,466 margin -17.2%
EBITDA · FY 2023
-₹7,163 margin -14.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 31%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 38%

Revenue rose 31% in the latest year. EBITDA rose 10% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹49,258
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹7,163
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹8,466
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-14.5%
Net Profit Margin-17.2%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Credfine Digital India Private Limited, buy the company report.

Board of directors of Credfine Digital India Private Limited

Credfine Digital India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rahul Munnalal MauryaAdditional Director07 Jan 20206 Years 9 MonthsCurrent
Hitesh MehtaDirector04 Jul 20224 Years 3 MonthsCurrent
Harmesh Kishan SuriDirector04 Apr 20224 Years 6 MonthsCurrent

Auditor

Credfine Digital India Private Limited is audited by Varma & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Varma & AssociatesFY 2023142189W

Shareholding

The shareholding of Credfine Digital India Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Credfine Digital India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Credfine Digital India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Credfine Digital India Private Limited has a workforce of 20 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
20
Active EPFO establishments
1
Employee growth
-28.57%

GST

Credfine Digital India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Credfine Digital India Private Limited, buy the company report.

Recent activity

Credfine Digital India Private Limited has 5 board changes on record since 2020: 3 appointments and 2 cessations. The latest: Santoshkumar Pyarelal Gupta ceased to be Director on 20 Oct 2022.

AGM
Credfine Digital India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Credfine Digital India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai I.
Ceased
Santoshkumar Pyarelal Gupta ceased to be Director.
Ceased
Archana Harmesh Suri ceased to be Director.
Appointed
Hitesh Mehta was appointed as Director.
Appointed
Harmesh Kishan Suri was appointed as Director.
Appointed
Rahul Munnalal Maurya was appointed as Additional Director.
Incorporation
07 Jan 2020
Credfine Digital India Private Limited was registered on 07 Jan 2020 with Roc Mumbai I & aged 6 years 9 months as per MCA records.

Frequently asked questions

Credfine Digital India is an active private limited company based in Thane, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 07 January 2020 (6+ years old) and is registered under CIN U74140MH2020PTC335644.

Credfine Digital India has 3 current directors:

The latest financial statements of Credfine Digital India 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 FY 2020 are in the company report.

No. Credfine Digital India has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Credfine Digital India is U74140MH2020PTC335644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Credfine Digital India was incorporated on 07 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.

Santoshkumar Pyarelal Gupta ceased to be Director on 20 Oct 2022. Archana Harmesh Suri ceased to be Director on 25 Jul 2022. Hitesh Mehta was appointed as Director on 04 Jul 2022. Credfine Digital India has 5 board changes on record in total.

Yes, Credfine Digital India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Credfine Digital India can be reached through the website credfine.com. Its registered office is in Thane, Maharashtra, India.

The registered office of Credfine Digital India is at C – 701 Gaurav Residency Chs Ltd. Phase Nr Mayor Bungalow Kanakia Road, Thane, Maharashtra, India – 401107.