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 10 peer companies in the Ecommerce and Internet industry (Finance) are compared by revenue, 5 larger and 5 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.
CIN History of Icredizen Financial Technologies Private Limited
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 |
- EmailLocked
- TelephoneLocked
- 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
- 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
- One PDF report, delivered after checkout
Associated Brands with Icredizen Financial Technologies Private Limited
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 of Icredizen Financial Technologies Private Limited
The main business activity of Icredizen Financial Technologies is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Icredizen Financial Technologies Private Limited FY 2024 filings available
Icredizen Financial Technologies Private Limited reported revenue of ₹3.81 Cr (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Icredizen Financial Technologies Private Limited
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 of Icredizen Financial Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | -₹91.74 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.26 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 of Icredizen Financial Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -24.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -33.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Icredizen Financial Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 of Icredizen Financial Technologies Private Limited
Icredizen Financial Technologies Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Baghmar Finance Limited | ₹3.83 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Chennai, Tamil Nadu, India |
| Capitalgrid Technologies Private Limited | ₹3.82 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Bangalore, Karnataka, India |
| Nitika Finance Pvt.Ltd. | ₹3.81 Cr (FY 2025) | •••• | •••• | 77.0% | •••• | Kolkata, West Bengal, India |
| Spenny Fintech Private Limited | ₹3.81 Cr (FY 2023) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| Kum Construction and Finance Pvt Ltd | ₹3.81 Cr (FY 2024) | •••• | •••• | 103063.0% | •••• | Kolkata, West Bengal, India |
| Icredizen Financial Technologies Private Limited this company | ₹3.81 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Hyderabad, Telangana, India |
| Pariwar Finance and Investment (India) Limited | ₹3.79 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Gurgaon, Haryana, India |
| Net Brokeres Private Limited | ₹3.79 Cr (FY 2024) | •••• | •••• | 40.0% | •••• | New Delhi, Delhi, India |
| Nuqi Wealth India Private Limited | ₹3.78 Cr (FY 2025) | •••• | •••• | 103.0% | •••• | Mumbai, Maharashtra, India |
| Leonard Finance Private Limited | ₹3.76 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Assurekit Technology and Services Private Limited | ₹3.75 Cr (FY 2025) | •••• | •••• | 84.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Icredizen Financial Technologies by revenue in the Ecommerce and Internet industry (Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Icredizen Financial Technologies Private Limited
Icredizen Financial Technologies Private Limited is audited by Suresh Surana & Associates LLP for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Suresh Surana & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Icredizen Financial Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Icredizen Financial Technologies Private Limited
Icredizen Financial Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Icredizen Financial Technologies Private Limited
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 |
Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Icredizen Financial Technologies Private Limited
Icredizen Financial Technologies Private Limited has a workforce of 97 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Icredizen Financial Technologies Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Icredizen Financial Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Icredizen Financial Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Icredizen Financial Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Icredizen Financial Technologies Private Limited
Icredizen Financial Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCI4494A1ZQ | Telangana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Icredizen Financial Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Icredizen Financial Technologies Private Limited
Frequently Asked Questions about Icredizen Financial Technologies Private Limited
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 reported revenue of ₹3.81 Cr for FY 2024 (up 4% YoY).
Icredizen Financial Technologies has 2 current directors:
- Venkata Kalyan Varma Sagi - Director
- Nikitha Sarda - Director
Icredizen Financial Technologies reported a net loss of ₹1.26 Cr (net margin -33.1%) and EBITDA of -₹91.74 Lakh (EBITDA margin -24.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Icredizen Financial Technologies is 41% over three years and 34% over five years. In the latest year (FY 2024) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
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, Capitalgrid Technologies Private Limited, Nitika Finance Pvt.Ltd, Spenny Fintech Private Limited, Kum Construction and Finance Pvt Ltd and 5 more, all in the Ecommerce and Internet industry (Finance).
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.