Credmate Fintech Private Limited

Credmate Fintech Private Limited - information technology in Ludhiana, Punjab, India. Directors, charges & compliance details.
CIN U72900PB2021PTC054328 Incorporated 26 September 2021 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company information technology DPIIT Startup
Data last updated
Revenue · FY 2024
₹9.22 Lakh
▼ 3% YoY
Net loss · FY 2024
₹3 Lakh
Net margin -32.6%
EBITDA · FY 2024
-₹1.13 Lakh
EBITDA margin -12.2%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Brands
1
Associated brands

About Credmate Fintech Private Limited

Data last updated:

Credmate Fintech Private Limited is a private limited company based in Ludhiana, Punjab, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 September 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2021PTC054328.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gaurav Sharma (Managing Director) and Gaurav Kundra (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 67 Panchsheel Enclave Threeke, Ludhiana, Punjab, India – 142021.

As per the financials filed for FY 2024, the company reported a revenue of ₹9.22 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹3 Lakh (net margin -32.6%) and EBITDA of -₹1.13 Lakh (EBITDA margin -12.2%).

The company is associated with 1 brand: CredMate. The company has 1 deal on record (1 secondary share transfer); the latest was in November 2021. Its 10 peer companies in the Manufacturing industry (Fintech, Security Products) are compared by revenue, 5 larger and 5 smaller; the largest is Upmarket Fintech Solutions India Private Limited with revenue of ₹9.54 Lakh.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website credmate.in.

Company details

CIN U72900PB2021PTC054328
Registration Number 054328
Incorporation Date 26 September 2021
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Credmate Fintech

DPIIT recognised startup Government of India
Startup India

Contact details

Credmate Fintech Private Limited's registered office is in Ludhiana, Punjab.

  • Registered Address
    67 Panchsheel Enclave Threeke, Ludhiana, Punjab, India – 142021
  • Industry
    Information Technology, IT Consulting & Support Services
Comprehensive company report
Credmate Fintech 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

Credmate Fintech operates one associated brand: CredMate. Each brand links to its own profile.

BrandDescriptionWebsite
Develops specialized software for credit score assessment.credmate.in

Financials of Credmate Fintech Private Limited

FY 2024 filings available

Credmate Fintech Private Limited reported revenue of ₹9.22 Lakh (down 3% YoY) for FY 2024.

Revenue · FY 2024
₹9.22 Lakh ▼ 3%
Net loss · FY 2024
₹3 Lakh margin -32.6%
EBITDA · FY 2024
-₹1.13 Lakh margin -12.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 3%
EBITDA CAGR growth
1 year
▲ 88%

Revenue fell 3% in the latest year. EBITDA rose 88% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹1.13 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3 Lakh
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 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin-12.2%
Net Profit Margin-32.6%
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 Credmate Fintech Private Limited, buy the company report.

Board of directors of Credmate Fintech Private Limited

Credmate Fintech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gaurav KundraWhole-Time Director26 Sep 20215 Years 1 MonthsCurrent
Gaurav SharmaManaging Director26 Sep 20215 Years 1 MonthsCurrent

Peer comparison

Credmate Fintech Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Fintech, Security Products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Upmarket Fintech Solutions India Private Limited₹9.54 Lakh (FY 2022)Pune, Maharashtra, India
Hedgerock Fintech Private Limited₹9.45 Lakh (FY 2025)115.0%Bangalore, Karnataka, India
Kredue Fintech Private Limited₹9.34 Lakh (FY 2024)49.0%Chennai, Tamil Nadu, India
Link Fintech Private Limited₹9.3 Lakh (FY 2025)4.0%New Delhi, Delhi, India
Edsom Fintech Private Limited₹9.23 Lakh (FY 2024)2077.0%Pune, Maharashtra, India
Credmate Fintech Private Limitedthis company₹9.22 Lakh (FY 2024)-₹3 Lakh-32.6%-3.0%Ludhiana, Punjab, India
Novaglow Fintech India Private Limited₹9.04 Lakh (FY 2024)Noida, Uttar Pradesh, India
Smart Sensors and Transducers Private Limited₹9.03 Lakh (FY 2025)-43.0%Mumbai-400031 Wef.28.02.04, Maharashtra, India
Kellog Grocery Suppliers Private Limited₹9 Lakh (FY 2025)18.0%Mumbai, Maharashtra, India
Dewan International Private Limited₹8.93 Lakh (FY 2025)447.0%New Delhi, Delhi, India
Acemanbas Fintech Private Limited₹8.93 Lakh (FY 2025)-21.0%Coimbatore, Tamil Nadu, India

To see the full peer comparison of Credmate Fintech Private Limited, buy the company report.

Deals & funding

Credmate Fintech Private Limited has 1 deal on record (1 secondary share transfer); the latest was in November 2021.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Nov 2021Secondary share transferUndisclosedBuyer: Bada Business Traininas Private Limited, an individual
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

GST

No GST registration is on our record for Credmate Fintech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Credmate Fintech Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Gaurav Kundra ceased to be Director on 08 Nov 2021.

AGM
Credmate Fintech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Credmate Fintech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Ceased
Gaurav Kundra ceased to be Director.
Ceased
Gaurav Sharma ceased to be Director.
Appointed
Gaurav Kundra was appointed as Whole-Time Director.
Appointed
Gaurav Sharma was appointed as Managing Director.
Incorporation
26 Sep 2021
Credmate Fintech Private Limited was registered on 26 Sep 2021 with Roc Chandigarh & aged 5 years 1 month as per MCA records.

Frequently asked questions

Credmate Fintech is an active private limited company based in Ludhiana, Punjab, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 September 2021 (5+ years old) and is registered under CIN U72900PB2021PTC054328.

Credmate Fintech has 2 current directors:

The latest financial statements of Credmate Fintech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.

The CIN (Corporate Identification Number) of Credmate Fintech is U72900PB2021PTC054328. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Credmate Fintech was incorporated on 26 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chandigarh.

Credmate Fintech has 1 deal on record (1 secondary share transfer); the latest was in November 2021.

The peers of Credmate Fintech by revenue are Upmarket Fintech Solutions India Private Limited, Hedgerock Fintech Private Limited, Kredue Fintech Private Limited, Link Fintech Private Limited, Edsom Fintech Private Limited and 5 more, all in the Manufacturing industry (Fintech, Security Products).

Gaurav Kundra ceased to be Director on 08 Nov 2021. Gaurav Sharma ceased to be Director on 08 Nov 2021. Gaurav Kundra was appointed as Whole-Time Director on 26 Sep 2021. Credmate Fintech has 4 board changes on record in total.

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

Credmate Fintech can be reached through the website credmate.in. Its registered office is in Ludhiana, Punjab, India.

The registered office of Credmate Fintech is at 67 Panchsheel Enclave Threeke, Ludhiana, Punjab, India – 142021.