
Indiacredit Private Limited
About Indiacredit Private Limited
Data last updated:
Indiacredit Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of M Square Automobile Private Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 06 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC283320. Its GSTIN is 27AAKCM5116A1ZT (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Indiacredit Analysis Private Limited and M. Square Advisors Private Limited. It is led by directors Dinesh Kumar Gupta and Ajay Bakshi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 603 6th Floor Windsor Off Cst Road Kalina Santacruz (East), Mumbai, Maharashtra, India – 400098.
As per the financials filed for FY 2025, the company reported a revenue of ₹47,591, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹14,818 (net margin 31.1%) and EBITDA of ₹19,802 (EBITDA margin 41.6%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 50% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
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
Name history
Indiacredit has undergone 3 name changes throughout its history. The company was previously known as Indiacredit Analysis Private Limited, M. Square Advisors Private Limited, and Indiacredit Private Limited. The current legal name is Indiacredit Private Limited.
| Company Name | Status |
|---|---|
| Indiacredit Private Limited | Current |
| Indiacredit Analysis Private Limited | Previous |
| M. Square Advisors Private Limited | Previous |
Contact details
Indiacredit Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address603 6th Floor Windsor Off Cst Road Kalina Santacruz (East), Mumbai, Maharashtra, India – 400098
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Indiacredit 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
Financials of Indiacredit Private Limited
FY 2025 filings availableIndiacredit Private Limited reported revenue of ₹47,591 (up 58% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 58% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 50%. EBITDA rose 290% 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 | ₹19,802 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14,818 | ||||
| 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 | 41.6% | ||||
| Net Profit Margin | 31.1% | ||||
| 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 Indiacredit Private Limited, buy the company report.
Board of directors of Indiacredit Private Limited
Indiacredit has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Kumar Gupta Also directs: M Square Financial Consultants and Auto Private Limited | Director | 01 Mar 2024 | 2 Years 8 Months | Current |
| Ajay Bakshi | Director | 27 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Indiacredit Private Limited is audited by PRASHANT MITTAL AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASHANT MITTAL AND ASSOCIATES | FY 2017 | 126763W |
Shareholding
The shareholding of Indiacredit Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Indiacredit Private Limited, buy the company report.
Legal cases
Indiacredit Private Limited has 1 court case on record: 1 filed by Indiacredit. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Visakapatnam, Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Indiacredit 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 Indiacredit Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indiacredit Private Limited has a workforce of 16 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Indiacredit has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM5116A1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indiacredit Private Limited, buy the company report.
Recent activity
Indiacredit Private Limited has 8 board changes on record since 2017: 2 appointments and 6 cessations. The latest: Dinesh Kumar Gupta ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Indiacredit is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 06 July 2016 (10+ years old) and is registered under CIN U74999MH2016PTC283320.
Indiacredit has 2 current directors:
- Dinesh Kumar Gupta - Director
- Ajay Bakshi - Director
The latest financial statements of Indiacredit on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Indiacredit is 27AAKCM5116A1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Indiacredit is U74999MH2016PTC283320. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indiacredit has 1 court case on record: 1 filed by the company.
Indiacredit was incorporated on 06 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Dinesh Kumar Gupta ceased to be Additional Director on 29 Sep 2024. Dinesh Kumar Gupta was appointed as Director on 01 Mar 2024. Ajay Bakshi ceased to be Additional Director on 30 Sep 2022. Indiacredit has 8 board changes on record in total.
The registered office of Indiacredit is at 603 6th Floor Windsor Off Cst Road Kalina Santacruz East, Mumbai, Maharashtra, India – 400098.
Indiacredit operates in the business outsourcing industry, in the business and IT consulting segment.

