About Credit Sudhaar Services Private Limited
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Credit Sudhaar Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Clever Wizards Solutions Private Limited. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 14 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2010PTC205469. Its GSTIN is 27AAECC4000F1ZA (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Arun Ramamurthy and Gaurav Wadhwani.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at F – 401/402 Lotus Corporate Park Near Jai Coach Junction Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2018, the company reported a revenue of ₹8.41 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net loss of ₹1.74 Cr (net margin -20.7%) and EBITDA of -₹88.24 Lakh (EBITDA margin -10.5%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Credit Sudhaar. The company has 1 deal on record (1 funding round); the latest was in April 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website creditsudhaar.com.
Company details
Contact details
Credit Sudhaar Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is creditsudhaar.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressF – 401/402 Lotus Corporate Park Near Jai Coach Junction Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryInternet, Online Financial Services
To see the full contact details of Credit Sudhaar Services 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
Brands
Credit Sudhaar Services operates one associated brand: Credit Sudhaar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online site offering slot games with registration and login features. | creditsudhaar.com |
Business activity
The main business activity of Credit Sudhaar Services is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Credit Sudhaar Services Private Limited, buy the company report.
Financials of Credit Sudhaar Services Private Limited
FY 2018 filings availableCredit Sudhaar Services Private Limited reported revenue of ₹8.41 Cr (up 44% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over three years, including 44% growth in the latest year. EBITDA rose 14% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹8.41 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹88.24 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.74 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -10.5% | |||
| Net Profit Margin | -20.7% | |||
| 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 Credit Sudhaar Services Private Limited, buy the company report.
Board of directors of Credit Sudhaar Services Private Limited
Credit Sudhaar Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Ramamurthy | Director | 14 Jul 2010 | 16 Years 3 Months | Current |
| Gaurav Wadhwani | Director | 14 Jul 2010 | 16 Years 3 Months | Current |
| Laxminibas Prasad Also directs: Odisha Sanitary Private Limited | Director | 27 Jun 2017 | 9 Years 4 Months | Current |
Auditor
Credit Sudhaar Services Private Limited is audited by A R SODHA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R SODHA & CO | FY 2018 | 110324W |
Shareholding
The shareholding of Credit Sudhaar Services Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Credit Sudhaar Services Private Limited, buy the company report.
Deals & funding
Credit Sudhaar Services Private Limited has 1 deal on record (1 funding round); the latest was in April 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2017 | Funding round | Undisclosed | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Credit Sudhaar Services 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 Credit Sudhaar Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Credit Sudhaar Services Private Limited has a workforce of 2 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Credit Sudhaar Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECC4000F1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Credit Sudhaar Services Private Limited, buy the company report.
Recent activity
Credit Sudhaar Services Private Limited has 6 board changes on record since 2010: 3 appointments and 3 cessations. The latest: Arun Ramamurthy ceased to be Director on 17 Jul 2019.
Frequently asked questions
Credit Sudhaar Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in online financial services, within the internet industry. It was incorporated on 14 July 2010 (16+ years old) and is registered under CIN U74990MH2010PTC205469.
Credit Sudhaar Services has 3 current directors:
- Arun Ramamurthy - Director
- Gaurav Wadhwani - Director
- Laxminibas Prasad - Director
The latest financial statements of Credit Sudhaar Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Credit Sudhaar Services is 27AAECC4000F1ZA, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Credit Sudhaar Services is U74990MH2010PTC205469. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Credit Sudhaar Services was incorporated on 14 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Credit Sudhaar Services has 1 deal on record (1 funding round); the latest was in April 2017.
Arun Ramamurthy ceased to be Director on 17 Jul 2019. Gaurav Wadhwani ceased to be Director on 17 Jul 2019. Laxminibas Prasad ceased to be Additional Director on 29 Sep 2017. Credit Sudhaar Services has 6 board changes on record in total.
Credit Sudhaar Services can be reached through the website creditsudhaar.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Credit Sudhaar Services is at F – 401402 Lotus Corporate Park Near Jai Coach Junction Goregaon East, Mumbai, Maharashtra, India – 400063.
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