Paradise Credits Private Limited
About Paradise Credits Private Limited
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Paradise Credits Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 20 June 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65921DL1988PTC032143.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Ramesh Prasad and Ashok Keshav Patankar.
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at M – 5 Mezzanine Floor Modi Tower 98 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.46 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹23.62 Cr (net margin 57%) and EBITDA of ₹23.62 Cr (EBITDA margin 57%). Revenue has grown at a compounded annual rate (CAGR) of 480% over three years.
Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Paradise Credits Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressM – 5 Mezzanine Floor Modi Tower 98 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Paradise Credits 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
Business activity
The main business activity of Paradise Credits 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 Paradise Credits Private Limited, buy the company report.
Financials of Paradise Credits Private Limited
FY 2025 filings availableParadise Credits Private Limited reported revenue of ₹41.46 Cr (up 6959% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 480% over three years. 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 |
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| Total Expenses | |||||
| EBITDA | ₹23.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.62 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 57% | ||||
| Net Profit Margin | 57% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Paradise Credits Private Limited, buy the company report.
Board of directors of Paradise Credits Private Limited
Paradise Credits has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Prasad Also directs: Gagan Polymers Private Limited, Gagan Credits Private Limited, Meghla Investment Private Limited and 4 more | Director | 11 Jan 2018 | 8 Years 9 Months | Current |
| Ashok Keshav Patankar Also directs: Gagan Polymers Private Limited, Modi Home Products Limited, Agache Associates Limited and 5 more | Director | 11 Jul 1994 | 32 Years 3 Months | Current |
Peer comparison
Paradise Credits Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Broking Services), with 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 |
|---|---|---|---|---|---|---|
| Barret Commodity Traders Private Limited | ₹41.6 Cr (FY 2024) | 310.0% | Hyderabad, Telangana, India | |||
| Paradise Credits Private Limitedthis company | ₹41.46 Cr (FY 2024) | ₹23.62 Cr | 57% | 6959.0% | New Delhi, Delhi, India | |
| Composite Investments Private Limited | ₹41.3 Cr (FY 2025) | -3.0% | Bangalore, Karnataka, India | |||
| Shreeyam Trade Dynamics Private Limited | ₹40.85 Cr (FY 2024) | Mumbai, Maharashtra, India |
To see the full peer comparison of Paradise Credits Private Limited, buy the company report.
Auditor
Paradise Credits Private Limited is audited by ATUL MITTAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ATUL MITTAL & ASSOCIATES | FY 2023 | 022321N |
Shareholding
The shareholding of Paradise Credits 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 Paradise Credits Private Limited, buy the company report.
Legal cases
Paradise Credits Private Limited has 4 court cases on record: 3 filed by Paradise Credits, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Revision petition | Filed by the company against State and 1 other | Disposed |
| High Court of Delhi | Court case (CRL.M.C.) | Filed by the company against The State(Gnct) of Delhi & Anr. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by an individual | Disposed |
| High Court | Civil suit | Filed by the company against Hindusthan Development Corp.Ltd. | Disposed |
To see the full case history of Paradise Credits 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 Paradise Credits Private 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 Paradise Credits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Paradise Credits Private Limited has 3 board changes on record since 1994: 2 appointments and 1 cessation. The latest: Sreekumar Kodangil ceased to be Director on 20 Nov 2019.
Frequently asked questions
Paradise Credits is an active private limited company based in New Delhi, Delhi, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 20 June 1988 (38+ years old) and is registered under CIN U65921DL1988PTC032143.
Paradise Credits has 2 current directors:
- Ramesh Prasad - Director
- Ashok Keshav Patankar - Director
The latest financial statements of Paradise Credits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Paradise Credits is U65921DL1988PTC032143. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paradise Credits has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the district courts.
Paradise Credits was incorporated on 20 June 1988, making it 38+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Paradise Credits by revenue are Barret Commodity Traders Private Limited, Composite Investments Private Limited, Shreeyam Trade Dynamics Private Limited, all in the BFSI industry (Broking Services), with the same principal business activity (other financial activities).
Sreekumar Kodangil ceased to be Director on 20 Nov 2019. Ramesh Prasad was appointed as Director on 11 Jan 2018. Ashok Keshav Patankar was appointed as Director on 11 Jul 1994.
The registered office of Paradise Credits is at M – 5 Mezzanine Floor Modi Tower 98 Nehru Place, New Delhi, Delhi, India – 110019.
Paradise Credits operates in the financial services industry, in the brokerage and trading services segment.
The compliance status of Paradise Credits is compliant as of 02 September 2026. The company is actively filing with the Registrar of Companies.
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