About Infocredit Services Private Limited
Data last updated:
Infocredit Services Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Dreamplug Technologies Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 29 May 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2012PTC396971. Its GSTIN is 27AACCI9529F1ZE (Maharashtra). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹18.5 Lakh and a paid-up capital of ₹14.5 Lakh. It was led by directors including Abhishek Arun Agarwal (Managing Director) and Rohan Shah Naresh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹35.65 Cr, a growth of 120% compared to the previous year. For the same year it recorded EBITDA of -₹9.14 Cr (EBITDA margin -25.6%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 46% over five years.
The company had about 283 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: CreditVidya and Prefr. As per MCA filings, the company had satisfied charges of ₹10 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 7 filed against it; 3 cases are pending. The company has 13 deals on record (7 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹91.6 Cr; the latest was in March 2023. Its 10 peer companies in the same principal business activity (other financial activities) are compared by revenue, 5 larger and 5 smaller; the largest is String Metaverse Limited with revenue of ₹35.96 Cr.
The last known website on record is creditvidya.com.
Company details
CIN history
Infocredit Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U93000MH2012PTC396971, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000MH2012PTC396971 | Current |
| U93000MH2012PTC231636 | Previous |
| U93000TG2012PTC144287 | Previous |
Contact details
Infocredit Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is creditvidya.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressCarnival House Near Dindoshi Fire Station Off. General A.K. Vaidya Marg Malad (Ea St), India, Mumbai, Maharashtra, India – 400097
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Infocredit Services 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
Infocredit Services operates two associated brands: CreditVidya and Prefr. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for credit scoring and financial services is developed. | creditvidya.com | |
| An online marketplace for consumer and business loans is provided. | prefr.com |
Business activity
The main business activity of Infocredit Services 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 Infocredit Services Private Limited, buy the company report.
Financials of Infocredit Services Private Limited
FY 2023 filings availableInfocredit Services Private Limited reported revenue of ₹35.65 Cr (up 120% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 46% over five years, including 120% growth in the latest year. EBITDA fell 29% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹35.65 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹9.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -25.6% | ||||
| Net Profit Margin | |||||
| 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 Infocredit Services Private Limited, buy the company report.
Board of directors of Infocredit Services Private Limited
Infocredit Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Arun Agarwal Also directs: Pause and Perform Private Limited | Managing Director | 04 Sep 2014 | 12 Years 1 Months | As last reported |
| Rohan Shah Naresh Also directs: Qed Innovation Labs LLP, Pociho Innovations LLP, Dreampurse Technologies Private Limited and 5 more | Nominee Director | 11 Jan 2023 | 3 Years 9 Months | As last reported |
| Narasimha Sastry Vasanth | Nominee Director | 11 Jan 2023 | 3 Years 9 Months | As last reported |
Peer comparison
Infocredit Services Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| String Metaverse Limited | ₹35.96 Cr (FY 2023) | 1073.0% | Hyderabad, Telangana, India | |||
| Abhyuday Forex Private Limited | ₹35.92 Cr (FY 2023) | -58.0% | Delhi, India | |||
| Consortium Securities Private Limited | ₹35.83 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Baroda Agents and Trading Co. Private Limited | ₹35.74 Cr (FY 2025) | 342.0% | Kolkata, West Bengal, India | |||
| Capitalmind Financial Services Private Limited | ₹35.65 Cr (FY 2025) | -3.0% | Bangalore, Karnataka, India | |||
| Infocredit Services Private Limitedthis company | ₹35.65 Cr (FY 2022) | 120.0% | 283 | Mumbai, Maharashtra, India | ||
| Nine Star Broking Private Limited | ₹35.57 Cr (FY 2025) | 21.0% | Kolkata, West Bengal, India | |||
| Pyramid Finserve Private Limited | ₹35.55 Cr (FY 2024) | 72.0% | Jaipur, Rajasthan, India | |||
| Miranay Trading & Investments Private Limited | ₹35.53 Cr (FY 2025) | 29.0% | Mumbai, Maharashtra, India | |||
| Jayshree Nirman Ltd | ₹35.46 Cr (FY 2025) | 24.0% | Kolkata, West Bengal, India | |||
| Milinda Agencies Private Limited | ₹35.45 Cr (FY 2025) | -30.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Infocredit Services Private Limited, buy the company report.
Auditor
Infocredit Services Private Limited is audited by S.R. BATLIBOI & CO. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. BATLIBOI & CO. LLP | FY 2022 | 301003E/E300005 |
Shareholding
The shareholding of Infocredit Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Infocredit Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2021 | 100540405 | Others | ₹10 Cr | Satisfied |
To see the full charge records of Infocredit Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Infocredit Services Private Limited has 13 deals on record (7 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹91.6 Cr; the latest was in March 2023.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Funding round | ₹15.94 Cr | Investors: Dreamplug Technologies Private Limited |
| Dec 2021 | Debt financing | ₹6 Cr | Investors: Stride Ventures |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Alpha Wave Global Seller: an individual |
| Apr 2016 | Funding round · Series A | ₹13.4 Cr | Investors: Kalaari Capital |
| Apr 2016 | Rights issue | ₹1 Cr | Investors: 4 individuals |
To see the full deal history of Infocredit Services 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
Infocredit Services Private Limited has 9 court cases on record: 2 filed by Infocredit Services, 7 filed against it. 3 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 3 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Namakkal, Tamil Nadu | Court case (IP) | Filed against the company by an individual | Pending |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by an individual | Pending |
| District court, Virudhunagar, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
| District court, Nizamabad, Telangana | Court case (IP) | Filed against the company | Disposed |
To see the full case history of Infocredit Services 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 Infocredit Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Infocredit Services Private Limited has a workforce of 283 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Infocredit Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI9529F1ZE | Maharashtra | Active | 01 Jul 2017 |
| 36AACCI9529F1ZF | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Infocredit Services Private Limited, buy the company report.
Recent activity
Infocredit Services Private Limited has 5 board changes on record since 2014: 3 appointments and 2 cessations. The latest: Narasimha Sastry Vasanth was appointed as Nominee Director on 11 Jan 2023.
News
Frequently asked questions
Infocredit Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Infocredit Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 29 May 2012 and is registered under CIN U93000MH2012PTC396971. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Infocredit Services was incorporated on 29 May 2012. It is registered with the Registrar of Companies, Mumbai.
Infocredit Services had 3 directors:
- Abhishek Arun Agarwal - Managing Director
- Rohan Shah Naresh - Nominee Director
- Narasimha Sastry Vasanth - Nominee Director
The CIN (Corporate Identification Number) of Infocredit Services is U93000MH2012PTC396971. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Infocredit Services is at Carnival House Near Dindoshi Fire Station Off. General A.K. Vaidya Marg Malad Ea St, India, Mumbai, Maharashtra, India – 400097.
Infocredit Services can be reached through the website creditvidya.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Infocredit Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Infocredit Services is 27AACCI9529F1ZE, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AACCI9529F1ZF (Telangana).
Infocredit Services operated in the information technology industry, in the application development and software solutions segment.
Infocredit Services has 13 deals on record (7 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹91.6 Cr; the latest was in March 2023.