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Credime Eservices Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹4.84 Cr
▼ 28% YoY
Net loss · FY 2021
₹9.75 Cr
Net margin -201.6%
EBITDA · FY 2021
-₹9.54 Cr
EBITDA margin -197.3%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹12.53 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
5
Provident fund records
Directors on board
2
As per MCA filings
About Credime Eservices Private Limited
Data last updated:
Credime Eservices Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Coral Sea Limited and recognised as a startup by DPIIT. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 04 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC127661. Its GSTIN is 29AAICC3643E1ZP (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹12.53 Lakh. It is led by directors Sivalingam and Varadarajan Govindan.
Its last annual general meeting (AGM) was held on 02 August 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.84 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹9.75 Cr (net margin -201.6%) and EBITDA of -₹9.54 Cr (EBITDA margin -197.3%).
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Credime and CrediMe. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
For more details, the company can be reached via its website credime.com.
Company details
CIN U72900KA2019PTC127661
Registration Number 127661
Incorporation Date 04 September 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 02 August 2021
Date of Balance Sheet 31 March 2021
Parent Company Coral Sea Limited
DPIIT Recognition Recognised Startup
Key People
Sivalingam Director Varadarajan Govindan Director Recognitions & Rankings of Credime Eservices
Contact details
Credime Eservices Private Limited's registered office is in Bangalore, Karnataka. Its website is credime.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressNo.421/G 1st Floor Unit A Krishna Temple Road, Opp. Sbi Indiranagar 1st Stage, Bangalore, Karnataka, India – 560038
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Credime Eservices Private Limited, buy the company report.
Comprehensive company report
Credime Eservices 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
Credime Eservices operates two associated brands: Credime and CrediMe. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates as an online platform offering consumer loans to individuals. | credime.in | |
| Potato farming, grain marketing, and equipment services in Maine. | credime.com |
Business activity
The main business activity of Credime Eservices is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Credime Eservices Private Limited, buy the company report.
Financials of Credime Eservices Private Limited
FY 2021 filings availableCredime Eservices Private Limited reported revenue of ₹4.84 Cr (down 28% YoY) for FY 2021.
Revenue · FY 2021
₹4.84 Cr ▼ 28%
Net loss · FY 2021
₹9.75 Cr margin -201.6%
EBITDA · FY 2021
-₹9.54 Cr margin -197.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 28%
EBITDA CAGR growth
1 year
▼ 390%
Revenue fell 28% in the latest year. EBITDA fell 390% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹4.84 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹9.54 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹9.75 Cr | |
| 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
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -197.3% | |
| Net Profit Margin | -201.6% | |
| 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 Credime Eservices Private Limited, buy the company report.
Board of directors of Credime Eservices Private Limited
Credime Eservices has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sivalingam | Director | 22 Aug 2021 | 5 Years 2 Months | Current |
| Varadarajan Govindan | Director | 22 Aug 2021 | 5 Years 2 Months | Current |
Auditor
Credime Eservices Private Limited is audited by H A M & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H A M & CO | FY 2021 | 136368W |
Shareholding
The shareholding of Credime Eservices Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Credime Eservices Private Limited, buy the company report.
Legal cases
Credime Eservices Private Limited has 2 court cases on record: 2 filed by Credime Eservices. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (CRL.P) | Filed by the company against an individual | Pending |
| High Court, KARNATAKA | Court case (CRL.P) | Filed by the company against The State of Karnataka and 1 other | Disposed |
To see the full case history of Credime Eservices 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
No delayed payments to MSME suppliers are on our record for Credime Eservices Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Credime Eservices Private Limited has a workforce of 5 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-82.14%
GST
Credime Eservices has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICC3643E1ZP | Karnataka | Active | 16 Sep 2019 |
To see the full GST registrations and return filing status of Credime Eservices Private Limited, buy the company report.
Recent activity
Credime Eservices Private Limited has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Sivalingam was appointed as Director on 22 Aug 2021.
Appointed
Sivalingam was appointed as Director.
Appointed
Varadarajan Govindan was appointed as Director.
Ceased
Sachin Garg ceased to be Ceo(Kmp).
AGM
Credime Eservices Private Limited last Annual general meeting of members was held on 02 Aug 2021 as per latest MCA records.
Ceased
Sivalingam ceased to be Director.
Filing
Credime Eservices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Ceased
Kesavan Parathur Srinivasan ceased to be Director.
Incorporation
04 Sep 2019
Credime Eservices Private Limited was registered on 04 Sep 2019 with Roc Bangalore & aged 7 years 1 month as per MCA records.
Frequently asked questions
Credime Eservices is an active private limited company based in Bangalore, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 04 September 2019 (7+ years old) and is registered under CIN U72900KA2019PTC127661.
Credime Eservices has 2 current directors:
- Sivalingam - Director
- Varadarajan Govindan - Director
The latest financial statements of Credime Eservices on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 02 August 2021. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Credime Eservices is 29AAICC3643E1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Credime Eservices is U72900KA2019PTC127661. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Credime Eservices has 2 court cases on record: 2 filed by the company. 1 is pending.
Credime Eservices was incorporated on 04 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Sivalingam was appointed as Director on 22 Aug 2021. Varadarajan Govindan was appointed as Director on 22 Aug 2021. Sachin Garg ceased to be Ceo(Kmp) on 21 Aug 2021. Credime Eservices has 5 board changes on record in total.
Yes, Credime Eservices is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Credime Eservices can be reached through the website credime.com. Its registered office is in Bangalore, Karnataka, India.
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