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Onion Credit Private Limited - internet in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹43.08 Cr
▲ 7743% YoY
Net loss · FY 2020
₹5.99 Cr
Net margin -13.9%
EBITDA · FY 2020
-₹5.9 Cr
EBITDA margin -13.7%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹3.58 Cr
Issued & subscribed
Satisfied charges
₹1 Cr
No open charges
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Onion Credit Private Limited
Data last updated:
Onion Credit Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 28 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U67200TG2018PTC126310. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹3.58 Cr. It is led by directors Bhagavan Bhargav Mohan Polapu and Sharat Chandra Konatham.
Its last annual general meeting (AGM) was held on 25 February 2022, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Flat No. D – 201 Second Floor Cyber E – Park D Block Alkapoor Township Puppalaguda Village, Hyderabad, Telangana, India – 500089.
As per the financials filed for FY 2020, the company reported a revenue of ₹43.08 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.99 Cr (net margin -13.9%) and EBITDA of -₹5.9 Cr (EBITDA margin -13.7%).
The company is associated with 1 brand: CashMama. As per MCA filings, the company has satisfied charges of ₹1 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 4 cases are pending.
For more details, the company can be reached via its website onioncredit.in.
Company details
CIN U67200TG2018PTC126310
Registration Number 126310
Incorporation Date 28 August 2018
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 February 2022
Date of Balance Sheet 31 March 2020
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Onion Credit
Contact details
Onion Credit Private Limited's registered office is in Hyderabad, Telangana. Its website is onioncredit.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No. D – 201 Second Floor Cyber E – Park D Block Alkapoor Township Puppalaguda Village, Hyderabad, Telangana, India – 500089
- IndustryInternet, Online Financial Services
To see the full contact details of Onion Credit Private Limited, buy the company report.
Comprehensive company report
Onion Credit Private Limited - one report that includes everything
- 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
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Brands
Onion Credit operates one associated brand: CashMama. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online platform for personal loans to individuals. | cashmama.in |
Business activity
The main business activity of Onion Credit is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Onion Credit Private Limited, buy the company report.
Financials of Onion Credit Private Limited
FY 2020 filings availableOnion Credit Private Limited reported revenue of ₹43.08 Cr (up 7743% YoY) for FY 2020.
Revenue · FY 2020
₹43.08 Cr ▲ 7743%
Net loss · FY 2020
₹5.99 Cr margin -13.9%
EBITDA · FY 2020
-₹5.9 Cr margin -13.7%
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| 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 | -₹5.9 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹5.99 Cr | |
| 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 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -13.7% | |
| Net Profit Margin | -13.9% | |
| 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 Onion Credit Private Limited, buy the company report.
Board of directors of Onion Credit Private Limited
Onion Credit has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhagavan Bhargav Mohan Polapu Also directs: Credfox Technologies Private Limited | Director | 08 May 2021 | 5 Years 6 Months | Current |
| Sharat Chandra Konatham Also directs: Credfox Technologies Private Limited | Director | 28 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Onion Credit Private Limited is audited by V R ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V R ASSOCIATES | FY 2019 | 001239C |
Shareholding
The shareholding of Onion Credit Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Onion Credit Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2019 | 100277255 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Onion Credit Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Onion Credit Private Limited has 5 court cases on record: 4 filed by Onion Credit, 1 filed against it. 4 cases are pending and 1 is disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Pending
4
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 3 |
| District courts | 1 | 1 | 1 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Criminal complaint | Filed against the company by State of Telangana, PS Eow Team VI, CCS, DD, Hyd | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against The Union of India and 3 others | Pending |
| High Court, TELANGANA | Court case (CRLP) | Filed by the company against individuals | Disposed |
To see the full case history of Onion Credit 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 Onion Credit Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Onion Credit has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Onion Credit Private Limited, buy the company report.
Recent activity
Onion Credit Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Bhagavan Bhargav Mohan Polapu was appointed as Director on 08 May 2021.
AGM
Onion Credit Private Limited last Annual general meeting of members was held on 25 Feb 2022 as per latest MCA records.
Appointed
Bhagavan Bhargav Mohan Polapu was appointed as Director.
Ceased
Pushpa Latha Konatham ceased to be Director.
Filing
Onion Credit Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Hyderabad.
Charges
A charge registered on 29 Jun 2019 via Charge ID 100277255 with Others was fully satisfied on 20 Nov 2019.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100277255 was registered on 29 Jun 2019.
Appointed
Sharat Chandra Konatham was appointed as Director.
Incorporation
28 Aug 2018
Onion Credit Private Limited was registered on 28 Aug 2018 with Roc Hyderabad & aged 8 years 2 months as per MCA records.
Frequently asked questions
Onion Credit is an active private limited company based in Hyderabad, Telangana, India. The company works in online financial services, within the internet industry. It was incorporated on 28 August 2018 (8+ years old) and is registered under CIN U67200TG2018PTC126310.
Onion Credit has 2 current directors:
- Bhagavan Bhargav Mohan Polapu - Director
- Sharat Chandra Konatham - Director
The latest financial statements of Onion Credit on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 25 February 2022. Year-wise statements from FY 2019 are in the company report.
No. Onion Credit has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Onion Credit is U67200TG2018PTC126310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Onion Credit has 5 court cases on record: 4 filed by the company and 1 filed against it. 4 are pending. Most are in the high courts.
Onion Credit was incorporated on 28 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Bhagavan Bhargav Mohan Polapu was appointed as Director on 08 May 2021. Pushpa Latha Konatham ceased to be Director on 08 May 2021. Sharat Chandra Konatham was appointed as Director on 28 Aug 2018.
Yes, Onion Credit is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Onion Credit can be reached through the website onioncredit.in. Its registered office is in Hyderabad, Telangana, India.
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