Gagan Credits Private Limited

Gagan Credits Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U65912DL1988PTC032112 Incorporated 16 June 1988 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹1.14 Lakh
▲ 13775% YoY
Net loss · FY 2024
₹2,205
Net margin -1.9%
EBITDA · FY 2024
-₹2,205
EBITDA margin -1.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1.15 Lakh
Issued & subscribed
Company age
38 yrs
Est. 1988
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Gagan Credits Private Limited

Data last updated:

Gagan Credits Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 June 1988 and has been in existence for over 38 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65912DL1988PTC032112.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1.15 Lakh. It is led by directors Ramesh Prasad and Ashok Keshav Patankar.

Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at M – 5 Mezzanine Floor Modi Tower 98 Nehru Place, New Delhi, Delhi, India – 110019.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.14 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2,205 (net margin -1.9%) and EBITDA of -₹2,205 (EBITDA margin -1.9%). Revenue has declined at a compounded annual rate (CAGR) of 432% over three years and 52% over five years.

Court records list 1 case involving the company, including 1 filed by the company.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U65912DL1988PTC032112
Registration Number 032112
Incorporation Date 16 June 1988
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 10 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Gagan Credits Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    M – 5 Mezzanine Floor Modi Tower 98 Nehru Place, New Delhi, Delhi, India – 110019
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Gagan Credits Private Limited, buy the company report.

Comprehensive company report
Gagan Credits 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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Business activity

The main business activity of Gagan Credits is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

Financials of Gagan Credits Private Limited

FY 2025 filings available

Gagan Credits Private Limited reported revenue of ₹1.14 Lakh (up 13775% YoY) for FY 2024.

Revenue · FY 2024
₹1.14 Lakh ▲ 13775%
Net loss · FY 2024
₹2,205 margin -1.9%
EBITDA · FY 2024
-₹2,205 margin -1.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 432%
5 years · compounded
▼ 52%
EBITDA CAGR growth
1 year
▲ 97%
3 years · compounded
▲ 71%
5 years · compounded
▼ 3%

Revenue has declined at a compounded annual rate (CAGR) of 52% over five years. EBITDA rose 97% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹2,205
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2,205
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 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-1.9%
Net Profit Margin-1.9%
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 Gagan Credits Private Limited, buy the company report.

Board of directors of Gagan Credits Private Limited

Gagan Credits has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ramesh PrasadDirector20 Nov 20196 Years 11 MonthsCurrent
Ashok Keshav PatankarDirector11 Jul 199432 Years 3 MonthsCurrent

Auditor

Gagan Credits Private Limited is audited by ATUL MITTAL & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
ATUL MITTAL & ASSOCIATESFY 2020022321N

Shareholding

The shareholding of Gagan Credits Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Gagan Credits Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Gagan Credits 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 Gagan Credits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Gagan Credits Private Limited has 3 board changes on record since 1994: 2 appointments and 1 cessation. The latest: Ramesh Prasad was appointed as Director on 20 Nov 2019.

AGM
Gagan Credits Private Limited last Annual general meeting of members was held on 10 Sep 2025 as per latest MCA records.
Filing
Gagan Credits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Appointed
Ramesh Prasad was appointed as Director.
Ceased
Sreekumar Kodangil ceased to be Director.
Appointed
Ashok Keshav Patankar was appointed as Director.
Incorporation
16 Jun 1988
Gagan Credits Private Limited was registered on 16 Jun 1988 with Roc Delhi I & aged 38 years 4 months as per MCA records.

Frequently asked questions

Gagan Credits is an active private limited company based in New Delhi, Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 16 June 1988 (38+ years old) and is registered under CIN U65912DL1988PTC032112.

Gagan Credits has 2 current directors:

The latest financial statements of Gagan Credits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Gagan Credits is U65912DL1988PTC032112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gagan Credits has 1 court case on record: 1 filed by the company.

Gagan Credits was incorporated on 16 June 1988, making it 38+ years old. It is registered with the Registrar of Companies, Delhi.

Ramesh Prasad was appointed as Director on 20 Nov 2019. Sreekumar Kodangil ceased to be Director on 20 Nov 2019. Ashok Keshav Patankar was appointed as Director on 11 Jul 1994.

The registered office of Gagan Credits is at M – 5 Mezzanine Floor Modi Tower 98 Nehru Place, New Delhi, Delhi, India – 110019.

Gagan Credits operates in the information technology industry, in the application development and software solutions segment.

The compliance status of Gagan Credits is compliant as of 17 August 2026. The company is actively filing with the Registrar of Companies.