About Kredits Technology Solutions Private Limited
Data last updated:
Kredits Technology Solutions Private Limited was a foreign private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 28 June 2011.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2011FTC059364.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Vikas Jhunjhunwala and Nancy Jean Schmaus.
Its last annual general meeting (AGM) was held on 28 September 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office was at 9/3 Kaiser – E – Hind 1st Floor Richmond Road, Bangalore, Karnataka, India – 560025.
The company was associated with 1 brand: Kredits.
The last known website on record is kredits.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address9/3 Kaiser – E – Hind 1st Floor Richmond Road, Bangalore, Karnataka, India – 560025
- IndustryInformation Technology, Other Computer Related Activities
- 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 Kredits Technology Solutions Private Limited
Kredits Technology Solutions operates one associated brand: Kredits. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Technology solutions are provided to global microfinance institutions. | kredits.com |
Competitors & Alternatives of Kredits Technology Solutions Private Limited
Brands and companies operating in the same space as Kredits Technology Solutions Private Limited include FinBox, Finley, LeaseAccelerator and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 FinBox | Developer of digital credit infrastructure and risk intelligence suite | Bengaluru, India | 2015 |
 Finley | Credit cycle management software is provided for business capital oversight. | San Francisco, United States | 2021 |
 LeaseAccelerator | Cloud-based lease accounting and management solutions are provided for businesses. | Reston, United States | 2003 |
 MeridianLink | Loan lifecycle management systems are provided for lenders and institutions. | Costa Mesa, United States | 1998 |
 LoanPro | Cloud-based loan lifecycle management software is offered. | Farmington, United States | 2006 |
 Veefin | SaaS-based supply chain financing solutions are delivered globally. | Mumbai, India | 2020 |
 Linedata | Software, data, analytics, and services are provided to financial institutions. | 1998 | |
 Turnkey Lender | AI-driven loan origination and management software is provided for lenders. | Austin, United States | 2014 |
 Open Co | Loan lifecycle management software is developed for financial institutions. | Sao Paulo, Brazil | 2021 |
Board of Directors of Kredits Technology Solutions Private Limited
Kredits Technology Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Jhunjhunwala Also directs: Fab Ideas LLP | Director | 28 Jun 2011 | 15 Years 3 Months | As last reported |
| Nancy Jean Schmaus | Director | 28 Jun 2011 | 15 Years 3 Months | As last reported |
| Donald Eggret | Director | 28 Jun 2011 | 15 Years 3 Months | As last reported |
Financials of Kredits Technology Solutions Private Limited FY 2012 filings available
Financial Statement Summary of Kredits Technology Solutions Private Limited
| Metrics | FY 2011-12 |
|---|---|
| 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 | •••• |
| 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 of Kredits Technology Solutions Private Limited
| Metrics | FY 2011-12 |
|---|---|
| Profitability | |
| EBITDA Margin | •••• |
| 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 | •••• |
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 Kredits Technology Solutions 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.
Charges & Borrowings of Kredits Technology Solutions Private Limited
Kredits Technology Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Kredits Technology Solutions Private Limited
Employment history and EPFO contributions of people linked to Kredits Technology Solutions.
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.
GST Compliance of Kredits Technology Solutions Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Kredits Technology Solutions 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 Kredits Technology Solutions 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 Kredits Technology Solutions 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.
MCA Filings & Documents of Kredits Technology Solutions 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.
Recent Activity on Kredits Technology Solutions Private Limited
Frequently Asked Questions about Kredits Technology Solutions Private Limited
Kredits Technology Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Kredits Technology Solutions was a foreign private limited company based in Bangalore, Karnataka, India. The company worked in other computer related activities, within the information technology industry. It was incorporated on 28 June 2011 and is registered under CIN U72900KA2011FTC059364. The company has been struck off by the Registrar of Companies and is no longer operational.
Kredits Technology Solutions had 3 directors:
- Vikas Jhunjhunwala - Director
- Nancy Jean Schmaus - Director
- Donald Eggret - Director
The CIN (Corporate Identification Number) of Kredits Technology Solutions is U72900KA2011FTC059364. 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 Kredits Technology Solutions is at 93 Kaiser – E – Hind 1st Floor Richmond Road, Bangalore, Karnataka, India – 560025.
Kredits Technology Solutions was incorporated on 28 June 2011. It is registered with the Registrar of Companies, Bangalore.
Kredits Technology Solutions can be reached through the website kredits.com. Its registered office is in Bangalore, Karnataka, India.
Kredits Technology Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Kredits Technology Solutions operated in the information technology industry, in the other computer related activities segment. It worked in this industry before it was struck off.