Credo Advanced Chemicals Limited Company Logo

Credo Advanced Chemicals Limited - Company Profile

It is a metals and minerals public limited company based in Ahmedabad, Gujarat, India, established in 1995.

1995 | Ahmedabad, Gujarat, India | Active
Last Updated:

About Credo Advanced Chemicals Limited

Credo Advanced Chemicals Limited, a active public limited company, was established on 23 June 1995 in Ahmedabad, Gujarat, India. Engaging in mining & mineral extraction within the manufacturing sector, it holds CIN: U20119GJ1995PLC064782. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹80.50 Cr and a paid-up capital of ₹75.00 Cr.

Formerly known as Harish Share & Stock Broking Pvt. Ltd., Harish Share & Stock Broking Pvt. Ltd. It upholds a compliant status. Employing 14 professional, Its leadership includes Rushil Chetanbhai Tamboli (Director), Naman Madhav Patel (Managing Director), Rajiv Dinesh Gandhi (Director). Past directors included Rushil Chetanbhai Tamboli, Naman Madhav Patel, Anilkumar Tribhovandas Patel. It holds ₹497.95 Cr open charges and ₹161.80 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 305, Third Floor, Third Eye One, Opp. Honest Restaurant, Near Panchvati Five Roads, C, . G. Road,, Ahmedabad, Gujarat, 380006.

Company Details

  • CIN/LLPIN

    U20119GJ1995PLC064782

  • Registration Number

    064782

  • Incorporation Date

    23 June 1995

  • Authorized Capital

    ₹80.50 Cr

  • Paid-Up Capital

    ₹75.00 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 80.50 Cr
  • Paid Up Capital ₹ 75.00 Cr
  • Company Age 30 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 497.95 Cr
  • Satisfied Charges ₹ 161.80 Cr
  • Revenue Growth 8.12%
  • Profit Growth 447.67%
  • Ebitda 87.46%
  • Net Worth 14.25%
  • Total Assets 9.66%
Company report

Credo Advanced Chemicals Limited

Company Report FY 2025-2026

Explore comprehensive insights into Credo Advanced Chemicals Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Credo Advanced Chemicals Limited?

Current Directors

NameDesignationAppointment DateStatus
Rushil Chetanbhai TamboliDirector17 Aug 2023Current
Naman Madhav PatelManaging Director01 Apr 2016Current
Rajiv Dinesh GandhiDirector17 Aug 2023Current
Meena Ramniklal AmbaniDirector17 Aug 2023Current
Atishe ChordiaDirector17 Aug 2023Current
Pramathesh Ushakant DesaiDirector25 Jul 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director10 Sep 2023Past
Pramod AbcsddAdditional Director30 Sep 2016Past
Pramod AbcsddDirector08 Feb 2018Past
Pramod AbcsddAdditional Director10 Sep 2023Past
Pramod AbcsddAdditional Director30 Sep 2011Past
Pramod AbcsddDirector05 Nov 2009Past

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Financial Performance of Credo Advanced Chemicals.

Credo Advanced Chemicals Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.12% increase. The company also saw a substantial improvement in profitability, with a 447.67% increase in profit. The company's net worth Soared by an impressive increase of 14.25%.

Credo Advanced Chemicals revenue growth over time
Credo Advanced Chemicals profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
8.12%
Revenue from Operations
34.27%
Total Assets
9.66%
Profit or Loss
447.67%
Net Worth
14.25%
EBITDA
87.46%

What is the Ownership and Shareholding Structure of Credo Advanced Chemicals?

In 2023, Credo Advanced Chemicals had a promoter holding of 61.90% and a public holding of 38.10%. The company had 4 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹4,979,456,000.00

Satisfied Charges

₹1,618,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 453.95 Cr
  • Hdfc Bank Limited : 44.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Jan 2025Others₹141.00 CrOpen
06 Oct 2023Hdfc Bank Limited₹40.82 CrOpen
17 Jul 2019Hdfc Bank Limited₹1.06 CrOpen
16 Apr 2019Others₹80.45 CrOpen
19 Feb 2019Hdfc Bank Limited₹3.78 MOpen

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How Many Employees Work at Credo Advanced Chemicals?

Credo Advanced Chemicals has a workforce of 14 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Credo Advanced Chemicals Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Credo Advanced Chemicals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Credo Advanced Chemicals's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Credo Advanced Chemicals

Recent Activity within the Organization

  • Charges

    The activity A charge with Others of Rs. 232.50 Cr registered on 05 Aug 2017 with Charge ID 100124713 was modified on 31 Jan 2025. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 141.00 Cr with Charge ID 101029879 was registered on 09 Jan 2025. was completed.

  • Charges

    A charge registered on 29 Jul 2020 via Charge ID 100355549 with Others was fully satisfied on 04 Jan 2025. was recorded as a recent event.

  • Annual General Meeting

    Credo Advanced Chemicals Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    The activity Pramathesh Ushakant Desai was appointed as a Director was appointed as a Director on 25 Jul 2024 & has been associated with this company since 1 year 4 months . was completed.

  • Balance Sheet

    Credo Advanced Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Credo Advanced Chemicals Limited?

    The CIN of Credo Advanced Chemicals Limited is U20119GJ1995PLC064782.

  • Where is Credo Advanced Chemicals Limited headquartered?

    Credo Advanced Chemicals Limited is headquartered at 305, Third Floor, Third Eye One, Opp. Honest Restaurant, Near Panchvati Five Roads, C, . G. Road,, Ahmedabad, Gujarat, 380006.

  • When was Credo Advanced Chemicals Limited incorporated?

    Credo Advanced Chemicals Limited was incorporated on 23 June 1995.

  • Who are the current directors of Credo Advanced Chemicals Limited?

    The current directors of Credo Advanced Chemicals Limited are

  • What is the primary industry of Credo Advanced Chemicals Limited?

    The primary industry of Credo Advanced Chemicals Limited is Manufacturing.

  • Is Credo Advanced Chemicals Limited a listed company?

    Credo Advanced Chemicals Limited is unlisted.

  • What is the capital structure of Credo Advanced Chemicals Limited?

    The authorized capital of Credo Advanced Chemicals Limited is ₹80.50 Cr, and the paid-up capital is ₹75.00 Cr.

  • What is the compliance status of Credo Advanced Chemicals Limited?

    The compliance status of Credo Advanced Chemicals Limited is Compliant.

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