About Icredizen Financial Technologies Private Limited
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Icredizen Financial Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Icredizen Fintech Pte Ltd. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 03 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U65923TG2014PTC092126. Its GSTIN is 36AADCI4494A1ZQ (Telangana).
The company has an authorised share capital of ₹4.3 Cr and a paid-up capital of ₹4.04 Cr. It is led by directors Venkata Kalyan Varma Sagi and Nikitha Sarda.
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 Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.81 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹1.26 Cr (net margin -33.1%) and EBITDA of -₹91.74 Lakh (EBITDA margin -24.1%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 34% over five years.
The company has about 97 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CreditSeva. The company has 9 deals on record (5 rights issues, 3 secondary share transfers, 1 funding round), with disclosed funding of ₹46.9 Lakh; the latest was in March 2019. Its 3 peer companies in the Ecommerce and Internet industry (Finance), with the same principal business activity (other financial activities) are compared by revenue, 1 larger and 2 smaller; the largest is Baghmar Finance Limited with revenue of ₹3.83 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website creditseva.com.
Company details
CIN history
Icredizen Financial Technologies has one previous CIN (Corporate Identification Number): U65923AP2014PTC092126. The current CIN is U65923TG2014PTC092126, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65923TG2014PTC092126 | Current |
| U65923AP2014PTC092126 | Previous |
Contact details
Icredizen Financial Technologies Private Limited's registered office is in Hyderabad, Telangana. Its website is creditseva.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressDr. No. 2 – 64/2/A Plot No. 20 & 21 Fourth Floor, Raghu Towers Megha Hills Road No. 2, Hyderabad, Telangana, India – 500081
- IndustryInternet, Online Financial Services
To see the full contact details of Icredizen Financial Technologies Private 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
Brands
Icredizen Financial Technologies operates one associated brand: CreditSeva. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Credit reports are analyzed, corrected, and monitored for financial users. | creditseva.com |
Business activity
The main business activity of Icredizen Financial Technologies is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Icredizen Financial Technologies Private Limited, buy the company report.
Financials of Icredizen Financial Technologies Private Limited
FY 2024 filings availableIcredizen Financial Technologies Private Limited reported revenue of ₹3.81 Cr (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 4% growth in the latest year. EBITDA rose 31% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹91.74 Lakh | ||||
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| Net Profit (PAT) | -₹1.26 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -24.1% | ||||
| Net Profit Margin | -33.1% | ||||
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To see the full financial statements and ratios of Icredizen Financial Technologies Private Limited, buy the company report.
Board of directors of Icredizen Financial Technologies Private Limited
Icredizen Financial Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Kalyan Varma Sagi | Director | 03 Jan 2014 | 12 Years 9 Months | Current |
| Nikitha Sarda Also directs: Mipco Seamless Rings Gujarat Limited, Vayhan Coffee Limited | Director | 10 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Icredizen Financial Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Baghmar Finance Limited | ₹3.83 Cr (FY 2025) | 11.0% | Chennai, Tamil Nadu, India | |||
| Icredizen Financial Technologies Private Limitedthis company | ₹3.81 Cr (FY 2024) | -₹1.26 Cr | -33.1% | 4.0% | 97 | Hyderabad, Telangana, India |
| Pariwar Finance and Investment (India) Limited | ₹3.79 Cr (FY 2025) | -40.0% | Gurgaon, Haryana, India | |||
| Nuqi Wealth India Private Limited | ₹3.78 Cr (FY 2025) | 103.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Icredizen Financial Technologies Private Limited, buy the company report.
Auditor
Icredizen Financial Technologies Private Limited is audited by Suresh Surana & Associates LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh Surana & Associates LLP | FY 2020 | 121750W/W100010 |
Shareholding
The shareholding of Icredizen Financial Technologies Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Icredizen Financial Technologies Private Limited, buy the company report.
Deals & funding
Icredizen Financial Technologies Private Limited has 9 deals on record (5 rights issues, 3 secondary share transfers, 1 funding round), with disclosed funding of ₹46.9 Lakh; the latest was in March 2019.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Rights issue | ₹20.7 Lakh | Investors: Icredizen Fintech Pte Ltd |
| Nov 2018 | Rights issue | ₹43.4 Lakh | Investors: Icredizen Fintech Pte Ltd |
| Jul 2017 | Rights issue | ₹27.7 Lakh | Investors: Icredizen Fintech Pte Ltd |
| May 2017 | Rights issue | ₹48.2 Lakh | Investors: Icredizen Fintech Pte Ltd |
| Jan 2017 | Rights issue | ₹38 Lakh | Investors: Icredizen Fintech Pte Ltd |
To see the full deal history of Icredizen Financial Technologies Private 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
No court or tribunal cases involving Icredizen Financial Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Icredizen Financial Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Icredizen Financial Technologies Private Limited has a workforce of 97 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Icredizen Financial Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCI4494A1ZQ | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Icredizen Financial Technologies Private Limited, buy the company report.
Recent activity
Icredizen Financial Technologies Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Nikitha Sarda ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Icredizen Financial Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in online financial services, within the internet industry. It was incorporated on 03 January 2014 (12+ years old) and is registered under CIN U65923TG2014PTC092126.
Icredizen Financial Technologies has 2 current directors:
- Venkata Kalyan Varma Sagi - Director
- Nikitha Sarda - Director
The latest financial statements of Icredizen Financial Technologies 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 2015 are in the company report.
The GSTIN of Icredizen Financial Technologies is 36AADCI4494A1ZQ, registered in Telangana.
The CIN (Corporate Identification Number) of Icredizen Financial Technologies is U65923TG2014PTC092126. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icredizen Financial Technologies was incorporated on 03 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
Icredizen Financial Technologies has 9 deals on record (5 rights issues, 3 secondary share transfers, 1 funding round), with disclosed funding of ₹46.9 Lakh; the latest was in March 2019.
The peers of Icredizen Financial Technologies by revenue are Baghmar Finance Limited, Pariwar Finance and Investment (India) Limited, Nuqi Wealth India Private Limited, all in the Ecommerce and Internet industry (Finance), with the same principal business activity (other financial activities).
Nikitha Sarda ceased to be Additional Director on 31 Dec 2020. Nikitha Sarda was appointed as Director on 10 Dec 2019. Khushboo Jain ceased to be Additional Director on 30 Sep 2019. Icredizen Financial Technologies has 5 board changes on record in total.
Icredizen Financial Technologies can be reached through the website creditseva.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Icredizen Financial Technologies is at Dr. No. 2 – 642A Plot No. 20 & 21 Fourth Floor, Raghu Towers Megha Hills Road No. 2, Hyderabad, Telangana, India – 500081.