Cref Finance Limited
About Cref Finance Limited
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Cref Finance Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 15 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65921WB1995PLC069402. Its GSTIN is 19AABCC5929L1Z9 (West Bengal).
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹30 Cr. It is led by directors including Anjali Prasad and Prasanta Kumar Dutt.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4 Ripon Street 2nd Floor, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.48 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹8.18 Lakh (net margin 34.8%) and EBITDA of ₹10.93 Lakh (EBITDA margin 46.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 1% over five years.
Court records list 26 cases involving the company, including 15 filed by the company and 11 filed against it; 2 cases are pending. The company has 7 deals on record (7 secondary share transfers); the latest was in June 2017. Its 10 peer companies in the BFSI industry (Finance, Other Financial Services) are compared by revenue, 5 larger and 5 smaller; the largest is Ganesh Vincom Private Limited with revenue of ₹23.53 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Cref Finance Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4 Ripon Street 2nd Floor, Kolkata, West Bengal, India – 700016
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Cref Finance 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
Financials of Cref Finance Limited
FY 2025 filings availableCref Finance Limited reported revenue of ₹23.48 Lakh (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 8% growth in the latest year. EBITDA rose 7% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹10.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.18 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46.6% | ||||
| Net Profit Margin | 34.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Cref Finance Limited, buy the company report.
Board of directors of Cref Finance Limited
Cref Finance has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anjali Prasad | Director | 27 Mar 2023 | 3 Years 7 Months | Current |
| Prasanta Kumar Dutt Also directs: Megatop Insurance Broking Limited, Russell Investments Ltd, The Bengal Chamber of Commerce and Industry and 1 more | Director | 29 Sep 2022 | 4 Years 1 Months | Current |
| Debojit Ghosh | Director | 20 Feb 2014 | 12 Years 8 Months | Current |
Peer comparison
Cref Finance Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Finance, Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ganesh Vincom Private Limited | ₹23.53 Lakh (FY 2024) | 21.0% | Kolkata, West Bengal, India | |||
| Pinnacle Commodities Private Limited | ₹23.52 Lakh (FY 2024) | 8.0% | Kolkata, West Bengal, India | |||
| Neptune Resorts and Development Pvt Ltd | ₹23.52 Lakh (FY 2025) | 152.0% | Mumbai, Maharashtra, India | |||
| L R Commercial Pvt Ltd | ₹23.51 Lakh (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Agarwal Finance Company Pvt Ltd | ₹23.5 Lakh (FY 2025) | 85.0% | Ranchi, Jharkhand, India | |||
| Cref Finance Limitedthis company | ₹23.48 Lakh (FY 2025) | ₹8.18 Lakh | 34.8% | 8.0% | Kolkata, West Bengal, India | |
| Fairplan Marketing Private Limited | ₹23.47 Lakh (FY 2024) | -12.0% | Kolkata, West Bengal, India | |||
| Anandmangal Investment and Finance Pvt.Ltd. | ₹23.45 Lakh (FY 2024) | -97.0% | Mumbai, Maharashtra, India | |||
| Ros Piks Coke & Finance Private Limited | ₹23.44 Lakh (FY 2025) | -21.0% | Kolkata, West Bengal, India | |||
| Northern Lights E Business Private Limited | ₹23.42 Lakh (FY 2022) | 254.0% | Gurgaon, Haryana, India | |||
| Subhlaxmi Sale Private Limited | ₹23.42 Lakh (FY 2025) | 825.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Cref Finance Limited, buy the company report.
Auditor
Cref Finance Limited is audited by DEBASHIS MITRA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEBASHIS MITRA & ASSOCIATES | FY 2020 | 318069E |
Shareholding
The shareholding of Cref Finance Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Cref Finance Limited, buy the company report.
Deals & funding
Cref Finance Limited has 7 deals on record (7 secondary share transfers); the latest was in June 2017.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: VST Industries Limited Seller: Tobacco Diversification Investments Ltd |
| Jul 2016 | Secondary share transfer | Undisclosed | Buyer: Antrang Finance Ltd JT NK Jasper Seller: Antrang Finance Ltd JT Jagdish Singh |
| Jul 2015 | Secondary share transfer | Undisclosed | Buyer: Antrang Finance Ltd JT D Ashok Seller: Antrang Finance Ltd JT Dhar Marajan |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: Antrang Finance Ltd , Antrang Finance Ltd JT Ravi Puri, Antrang Finance Ltd JT Dhar Marajan Seller: Peninsular Investments Jt Tandon Rajiv, Peninsular Investments Ltd. , Peninsular Investments Jt Chakrawarti abhijit |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: Tobacco Diversification Investments Ltd , Peninsular Investments Jt Kumar Pramod, Peninsular Investments Jt Chakrawarti abhijit Seller: Other CREF Finance Limited, Classic Credit Ltd , 2 individuals |
To see the full deal history of Cref Finance Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cref Finance Limited has 26 court cases on record: 15 filed by Cref Finance, 11 filed against it. 2 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 8 | 1 |
| Supreme Court | 7 | 3 | 0 |
| District courts | 2 | 0 | 1 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against Shree Shanthi Homes Private Limited Rep by Managing Director and 9 others | Pending |
| Supreme Court | Court case (1418-Criminal Matters : Others) | Filed by the company against Shree Shanthi Homes Pvt. Ltd. . | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by Shree Shanthi Homes Pvt. Ltd. . | Disposed |
| High Court of Karnataka | Revision petition | Filed against the company by Shree Shanthi Homes Private Limited | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by M/S Shree Shanthi Homes Pvt Ltd | Disposed |
To see the full case history of Cref Finance 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 Cref Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cref Finance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCC5929L1Z9 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cref Finance Limited, buy the company report.
Recent activity
Cref Finance Limited has 12 board changes on record since 2009: 3 appointments and 9 cessations. The latest: Debasish Sengupta ceased to be Director on 01 Oct 2024.
3 earlier events are in the company report.
Frequently asked questions
Cref Finance is an active public limited company based in Kolkata, West Bengal, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 15 March 1995 (31+ years old) and is registered under CIN U65921WB1995PLC069402.
Cref Finance has 3 current directors:
- Anjali Prasad - Director
- Prasanta Kumar Dutt - Director
- Debojit Ghosh - Director
The latest financial statements of Cref Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Cref Finance is 19AABCC5929L1Z9, registered in West Bengal.
The CIN (Corporate Identification Number) of Cref Finance is U65921WB1995PLC069402. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cref Finance has 26 court cases on record: 15 filed by the company and 11 filed against it. 2 are pending. Most are in the high courts.
Cref Finance was incorporated on 15 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
Cref Finance has 7 deals on record (7 secondary share transfers); the latest was in June 2017.
The peers of Cref Finance by revenue are Ganesh Vincom Private Limited, Pinnacle Commodities Private Limited, Neptune Resorts and Development Pvt Ltd, L R Commercial Pvt Ltd, Agarwal Finance Company Pvt Ltd and 5 more, all in the BFSI industry (Finance, Other Financial Services).
Debasish Sengupta ceased to be Director on 01 Oct 2024. Anjali Prasad was appointed as Director on 27 Mar 2023. Anjali Prasad ceased to be Additional Director on 27 Mar 2023. Cref Finance has 12 board changes on record in total.
The registered office of Cref Finance is at 4 Ripon Street 2nd Floor, Kolkata, West Bengal, India – 700016.
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