Indiacredit Risk Management LLP

Indiacredit Risk Management LLP - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
LLPIN AAB-9746 Incorporated 01 January 2014 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Limited Liability Partnership financial services MSME · Micro
Data last updated
Revenue · FY 2023
₹31.32 Lakh
▼ 86% YoY
Net loss · FY 2023
₹6.33 Cr
Latest filing
EBITDA · FY 2023
-₹6.65 Cr
Latest filing
Contribution obligation
₹1 Lakh
As per LLP agreement
LLP age
12 yrs
Est. 2014
Designated partners
2
As per MCA filings
Last financials
Mar 2023
Balance sheet date
LLP status
Active
MCA master data

About Indiacredit Risk Management LLP

Data last updated:

Indiacredit Risk Management LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 01 January 2014 and has been in existence for over 12 years.

The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAB-9746.

The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Mahesh Gala Devchand and Meena Mahesh Gala.

Its latest statement of accounts is for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹31.32 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹6.33 Cr and EBITDA of -₹6.65 Cr. Revenue has grown at a compounded annual rate (CAGR) of 51% over three years.

Indiacredit Risk Management LLP is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0008738).

Company details

LLPIN AAB-9746
Incorporation Date 01 January 2014
Total Obligation of Contribution ₹1 Lakh
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0008738

Recognitions & Rankings of Indiacredit Risk Management

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0008738

Contact details

Indiacredit Risk Management LLP's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Office No. 1104 11th Floor The Capital Building, G – Block Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051
  • Industry
    Financial Services, Diversified Financial Services

To see the full contact details of Indiacredit Risk Management LLP, buy the company report.

Comprehensive company report
Indiacredit Risk Management LLP - one report that includes everything
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  • 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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Financials of Indiacredit Risk Management LLP

FY 2023 filings available

Indiacredit Risk Management LLP reported revenue of ₹31.32 Lakh (down 86% YoY) for FY 2023.

Revenue · FY 2023
₹31.32 Lakh ▼ 86%
Net loss · FY 2023
₹6.33 Cr
EBITDA · FY 2023
-₹6.65 Cr

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 86%
3 years · compounded
▲ 51%

Revenue fell 86% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 51%. 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

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax-₹6.33 Cr
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Indiacredit Risk Management LLP, buy the company report.

Designated partners of Indiacredit Risk Management LLP

Indiacredit Risk Management has 2 current designated partners and 9 former designated partners. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Mahesh Gala DevchandDesignated Partner30 Jul 20242 Years 2 MonthsCurrent
Meena Mahesh GalaDesignated Partner11 Mar 20242 Years 7 MonthsCurrent

MSME payment delays

No delayed payments to MSME suppliers are on our record for Indiacredit Risk Management LLP; 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 Indiacredit Risk Management LLP; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Indiacredit Risk Management LLP has 11 designated partner changes on record since 2015: 2 appointments and 9 cessations. The latest: Mahesh Gala Devchand was appointed as Designated Partner on 30 Jul 2024.

AGM
Indiacredit Risk Management Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Appointed
Mahesh Gala Devchand was appointed as Designated Partner.
Ceased
Ushik Mahesh Gala ceased to be Designated Partner.
Appointed
Meena Mahesh Gala was appointed as Designated Partner.
Ceased
Karishma Ruturaj Kaku ceased to be Partner.
Filing
Indiacredit Risk Management Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Amisha Sanjay Shah ceased to be Designated Partner.
Ceased
Leena Krishnan Kavassery ceased to be Partner.
Ceased
Bhavesh Ramesh Vora ceased to be Partner.
Ceased
Jyotsana Nathalal Shah ceased to be Designated Partner.
Ceased
Biswaranjan Ramachandra Satpathy ceased to be Designated Partner.
Ceased
Feroz Ahmed Shaikh ceased to be Partner.

2 earlier events are in the company report.

Frequently asked questions

Indiacredit Risk Management is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in diversified financial services, within the financial services industry. It was incorporated on 01 January 2014 (12+ years old) and is registered under LLPIN AAB-9746.

Indiacredit Risk Management has 2 current designated partners:

The latest financial statements of Indiacredit Risk Management on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 March 2025. Year-wise statements from 2015 are in the company report.

The LLPIN (Limited Liability Partnership Identification Number) of Indiacredit Risk Management is AAB-9746. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Indiacredit Risk Management was incorporated on 01 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.

Mahesh Gala Devchand was appointed as Designated Partner on 30 Jul 2024. Ushik Mahesh Gala ceased to be Designated Partner on 30 Jul 2024. Meena Mahesh Gala was appointed as Designated Partner on 11 Mar 2024. Indiacredit Risk Management has 11 designated partner changes on record in total.

Yes, Indiacredit Risk Management is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0008738).

The registered office of Indiacredit Risk Management is at Office No. 1104 11th Floor The Capital Building, G – Block Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.

Indiacredit Risk Management operates in the financial services industry, in the diversified financial services segment.

Indiacredit Risk Management can be reached at its registered office: Office No. 1104 11th Floor The Capital Building, G – Block Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.