MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0079055
Cresurge Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹75.43 Cr
▲ 25% YoY
Net profit · FY 2025
₹7.6 Cr
Net margin 10.1%
EBITDA · FY 2025
₹11.44 Cr
EBITDA margin 15.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.27 Lakh
Issued & subscribed
Open charges
₹9.26 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
15
Provident fund records
About Cresurge Private Limited
Data last updated:
Cresurge Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the musical instrument segment of the manufacturing sector. It was incorporated on 13 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC081538. Its GSTIN is 29AAGCC1273J1ZI (Karnataka). The company holds 9 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.27 Lakh. It was formerly known as Cresurge E-Business Solutions Private Limited. It is led by directors including Jagadeesha Nagaraju and Yash Gupta.
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 Property No. 2&3 Manandi Plaza St. Marks Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.43 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹7.6 Cr (net margin 10.1%) and EBITDA of ₹11.44 Cr (EBITDA margin 15.2%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 32% over five years.
The company has about 15 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Krack. As per MCA filings, the company has open charges of ₹9.26 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 4 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹4.88 Cr; the latest was in August 2024.
Cresurge Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0079055). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kadence.in.
Company details
CIN U74900KA2015PTC081538
Registration Number 081538
Incorporation Date 13 July 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0079055
Recognitions & Rankings of Cresurge
Contact details
Cresurge Private Limited's registered office is in Bangalore, Karnataka. Its website is kadence.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressProperty No. 2&3 Manandi Plaza St. Marks Road, Bangalore, Karnataka, India – 560001
- IndustryManufacturing, Musical Instrument
To see the full contact details of Cresurge Private Limited, buy the company report.
Comprehensive company report
Cresurge 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Cresurge is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Cresurge Private Limited, buy the company report.
Financials of Cresurge Private Limited
FY 2024 filings availableCresurge Private Limited reported revenue of ₹75.43 Cr (up 25% YoY) for FY 2025.
Revenue · FY 2025
₹75.43 Cr ▲ 25%
Net profit · FY 2025
₹7.6 Cr margin 10.1%
EBITDA · FY 2025
₹11.44 Cr margin 15.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 19%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 65%
5 years · compounded
▲ 58%
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 25% growth in the latest year. EBITDA rose 47% 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 |
|---|---|---|---|---|---|
| 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 | ₹11.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.6 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.2% | ||||
| Net Profit Margin | 10.1% | ||||
| 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 Cresurge Private Limited, buy the company report.
Board of directors of Cresurge Private Limited
Cresurge has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagadeesha Nagaraju | Director | 28 Nov 2018 | 7 Years 11 Months | Current |
| Yash Gupta Also directs: Cresurge Music Solutions Private Limited | Director | 12 Oct 2020 | 6 Years 0 Months | Current |
| Sidharth Jhunjhunwala Also directs: Hozon Packaging Innovation LLP, Bangalore Musical Instrument Manufacturers Private Limited, Kabooka Private Limited and 3 more | Director | 13 Jul 2015 | 11 Years 3 Months | Current |
Auditor
Cresurge Private Limited is audited by ABV & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABV & COMPANY | FY 2023 | 134179W |
Shareholding
The shareholding of Cresurge Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cresurge Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.26 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Feb 2024 | 100925029 | Axis Bank Limited | ₹77 Lakh | Open | |
| 08 Sep 2023 | 100786220 | Others | ₹6 Cr | Open | |
| 01 Feb 2023 | 100710850 | Others | ₹14 Lakh | Open | |
| 25 Aug 2021 | 100498178 | Others | ₹2.25 Cr | Open | |
| 23 Dec 2020 | 100416757 | Hdfc Bank Limited | ₹10 Lakh | Open |
To see the full charge records of Cresurge Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Cresurge Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹4.88 Cr; the latest was in August 2024.
Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹4.88 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Funding round | ₹4.88 Cr | Investors: 3 individuals |
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cresurge Private Limited has 8 court cases on record: 5 filed by Cresurge, 3 filed against it. 4 cases are pending and 4 are disposed.
Total cases
8
Filed by the company
5
Filed against the company
3
Pending
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 2 |
| High courts | 3 | 1 | 2 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by M/S Pepper Interactive Communications | Pending |
| High Court of Karnataka | Arbitration matter | Filed against the company by Ave Technologies | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against Ave Technologies | Pending |
| High Court of Karnataka | Arbitration matter | Filed by the company against Ave Technologies | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Ave Technologies | Disposed |
To see the full case history of Cresurge 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 Cresurge Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Cresurge has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Cresurge Music Solutions Private Limited | U32302DL2018PTC328378 |
To see the full group structure of Cresurge Private Limited, buy the company report.
Employees & EPFO
Cresurge Private Limited has a workforce of 15 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
Employee growth
-21.05%
GST
Cresurge has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.
Total GSTINs
9
Active
9
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCC1273J1ZI | Karnataka | Active | 01 Jul 2017 |
| 06AAGCC1273J1ZQ | Haryana | Active | 25 Jul 2020 |
| 36AAGCC1273J1ZN | Telangana | Active | 11 Nov 2020 |
| 19AAGCC1273J1ZJ | West Bengal | Active | 19 Jan 2021 |
To see the full GST registrations and return filing status of Cresurge Private Limited, buy the company report.
Recent activity
Cresurge Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Abir Rajkhowa ceased to be Director on 12 Oct 2020.
Charges
A charge with Others of Rs. 600.00 Lakh registered on 08 Sep 2023 with Charge ID 100786220 was modified on 29 Mar 2025.
AGM
Cresurge Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Cresurge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Axis Bank Limited amounted to Rs. 77.00 Lakh with Charge ID 100925029 was registered on 15 Feb 2024.
Charges
A charge with Others amounted to Rs. 600.00 Lakh with Charge ID 100786220 was registered on 08 Sep 2023.
Charges
A charge with Others amounted to Rs. 14.00 Lakh with Charge ID 100710850 was registered on 01 Feb 2023.
Charges
A charge with Others amounted to Rs. 225.00 Lakh with Charge ID 100498178 was registered on 25 Aug 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Lakh with Charge ID 100416757 was registered on 23 Dec 2020.
Ceased
Abir Rajkhowa ceased to be Director.
Appointed
Yash Gupta was appointed as Director.
Appointed
Jagadeesha Nagaraju was appointed as Director.
Appointed
Sidharth Jhunjhunwala was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Cresurge is an active private limited company based in Bangalore, Karnataka, India. The company works in musical instrument, within the manufacturing industry. It was incorporated on 13 July 2015 (11+ years old) and is registered under CIN U74900KA2015PTC081538.
Cresurge has 3 current directors:
- Jagadeesha Nagaraju - Director
- Yash Gupta - Director
- Sidharth Jhunjhunwala - Director
The latest financial statements of Cresurge 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 2016 are in the company report.
The GSTIN of Cresurge is 29AAGCC1273J1ZI, registered in Karnataka. The company has 9 GST registrations in all, of which 9 are active. Other active GSTINs include 06AAGCC1273J1ZQ (Haryana), 36AAGCC1273J1ZN (Telangana), 19AAGCC1273J1ZJ (West Bengal).
The CIN (Corporate Identification Number) of Cresurge is U74900KA2015PTC081538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cresurge has 8 court cases on record: 5 filed by the company and 3 filed against it. 4 are pending. Most are in the district courts.
Cresurge was incorporated on 13 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Cresurge has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹4.88 Cr; the latest was in August 2024.
Abir Rajkhowa ceased to be Director on 12 Oct 2020. Yash Gupta was appointed as Director on 12 Oct 2020. Jagadeesha Nagaraju was appointed as Director on 28 Nov 2018. Cresurge has 4 board changes on record in total.
Yes, Cresurge is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0079055).