Kwikfin Credit Limited
About Kwikfin Credit Limited
Data last updated:
Kwikfin Credit Limited is a public limited company based in Surat, Gujarat, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 27 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65990GJ2017PLC099593.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹2.05 Cr. It is led by directors including Shivani Manojkumar Kamalia and Jeevan Kumar Sureka.
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 103 Orleaans Complex Opp. Hdfc Bank Ltd Sosyo Circle U M Road, Surat, Gujarat, India – 395017.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.66 Lakh, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹4.73 Lakh (net margin 28.4%) and EBITDA of ₹6.43 Lakh (EBITDA margin 38.6%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Kwikfin Credit Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address103 Orleaans Complex Opp. Hdfc Bank Ltd Sosyo Circle U M Road, Surat, Gujarat, India – 395017
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Kwikfin Credit 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 Kwikfin Credit Limited
FY 2024 filings availableKwikfin Credit Limited reported revenue of ₹16.66 Lakh (up 69% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over three years, including 69% growth in the latest year. EBITDA rose 40% 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 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 | ₹6.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.73 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.6% | ||||
| Net Profit Margin | 28.4% | ||||
| 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 Kwikfin Credit Limited, buy the company report.
Board of directors of Kwikfin Credit Limited
Kwikfin Credit has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivani Manojkumar Kamalia | Director | 25 Feb 2020 | 6 Years 8 Months | Current |
| Jeevan Kumar Sureka | Director | 04 Sep 2024 | 2 Years 1 Months | Current |
| Raj Kumar Jayramka | Director | 04 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Kwikfin Credit Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Advay Estates Private Limited | ₹16.68 Lakh (FY 2025) | -33.0% | Sadar Bazar, Delhi, India | |||
| Ohio Capital Private Limited | ₹16.67 Lakh (FY 2024) | 71.0% | Kolkata, West Bengal, India | |||
| Plunge Capital Private Limited | ₹16.67 Lakh (FY 2024) | -39.0% | Mumbai, Maharashtra, India | |||
| Sri Viral Chit Funds Private Limited | ₹16.67 Lakh (FY 2025) | -10.0% | Coimbatore, Tamil Nadu, India | |||
| Minicom Agro Industries Pvt Ltd | ₹16.66 Lakh (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Kwikfin Credit Limitedthis company | ₹16.66 Lakh (FY 2024) | ₹4.73 Lakh | 28.4% | 69.0% | Surat, Gujarat, India | |
| Infinzo Multiventures Private Limited | ₹16.64 Lakh (FY 2024) | 16.0% | Rajkot, Gujarat, India | |||
| Amulyanidhi (India) Limited | ₹16.64 Lakh (FY 2025) | -23.0% | Kolkata, West Bengal, India | |||
| Bhairavi Resolution Services Private Limited | ₹16.64 Lakh (FY 2024) | -35.0% | Chennai, Tamil Nadu, India | |||
| Suviksit Investments Ltd | ₹16.61 Lakh (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Technika Software Pvt Ltd | ₹16.61 Lakh (FY 2025) | -57.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Kwikfin Credit Limited, buy the company report.
Auditor
Kwikfin Credit Limited is audited by MAHESHWARI PORWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESHWARI PORWAL & ASSOCIATES | FY 2023 | 131169W |
Shareholding
The shareholding of Kwikfin Credit 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 Kwikfin Credit Limited, buy the company report.
Legal cases
No court or tribunal cases involving Kwikfin Credit Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kwikfin Credit Limited; 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 Kwikfin Credit Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kwikfin Credit Limited has 9 board changes on record since 2017: 6 appointments and 3 cessations. The latest: Manojkumar Kamalia ceased to be Director on 05 Sep 2024.
Frequently asked questions
Kwikfin Credit is an active public limited company based in Surat, Gujarat, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 27 October 2017 (9+ years old) and is registered under CIN U65990GJ2017PLC099593.
Kwikfin Credit has 3 current directors:
- Shivani Manojkumar Kamalia - Director
- Jeevan Kumar Sureka - Director
- Raj Kumar Jayramka - Director
The latest financial statements of Kwikfin Credit on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Kwikfin Credit is U65990GJ2017PLC099593. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kwikfin Credit was incorporated on 27 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Kwikfin Credit by revenue are Advay Estates Private Limited, Ohio Capital Private Limited, Plunge Capital Private Limited, Sri Viral Chit Funds Private Limited, Minicom Agro Industries Pvt Ltd and 5 more, all in the BFSI industry (Other Financial Services).
Manojkumar Kamalia ceased to be Director on 05 Sep 2024. Sandip Kumar Mohanka ceased to be Director on 05 Sep 2024. Jeevan Kumar Sureka was appointed as Director on 04 Sep 2024. Kwikfin Credit has 9 board changes on record in total.
The registered office of Kwikfin Credit is at 103 Orleaans Complex Opp. Hdfc Bank Ltd Sosyo Circle U M Road, Surat, Gujarat, India – 395017.
Kwikfin Credit operates in the financial services industry, in the diversified financial services segment.
The compliance status of Kwikfin Credit is compliant as of 31 July 2026. The company is actively filing with the Registrar of Companies.
Kwikfin Credit can be reached at its registered office: 103 Orleaans Complex Opp. Hdfc Bank Ltd Sosyo Circle U M Road, Surat, Gujarat, India – 395017.