Vedika Credit Capital Ltd logo

Vedika Credit Capital Ltd

Microfinance company providing asset financing and loans to borrowers in 6 states.

1995 North 24 Parganas, West Bengal (India) Active

About

Basic Data Updated:

23 days ago

Founded in 2007, Vedika Credit Capital Ltd has been dedicated to providing microfinance services to underserved communities. With a strong focus on financial inclusion, Vedika has been registered as a Non-Banking Financial Company-Microfinance Institution (NBFC-MFI) with the Reserve Bank of India since June 2015. In its early years, the company primarily focused on asset financing, specifically two-wheeler financing. However, as it grew, Vedika expanded its operations to include microfinance services in six states: Uttar Pradesh, Jharkhand, Bihar, West Bengal, Assam, and Odisha. Currently, the company has a base of 221,225 active borrowers and manages a significant Asset under Management (AUM) through its network of 214 branches. This has allowed Vedika to make a positive impact on the lives of individuals and families in these communities, providing them with access to financial resources and opportunities for growth and development.

Industry

Company Details

  • Location

    North 24 Parganas, West Bengal, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU67120WB1995PLC069424
Company No.069424
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date15 Mar 1995
Date of AGM31 Jul 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Kolkata

Products or Services related to Vedika Credit Capital Ltd

Small Business Loan Service

Business Loan

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Vedika Credit Capital Ltd offers a wide range of products and services, including: Home, Auto & Other Loan Services, Business Loan.

Financials of Vedika Credit Capital Ltd

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Vedika Credit Capital Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 24.51% increase. The company also saw a substantial improvement in profitability, with a 261.95% increase in profit. The company's net worth Soared by an impressive increase of 18.84%.

Corporate Structure

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People in Vedika Credit Capital Ltd

Executive Team (3)

  • GJ

    Gautam Jain In Managing Director

    Appointment Date: 25-Feb-2004

    Status: Current

  • GV

    Gaurav Vohra Company Secretary

    Appointment Date: 30-Jul-2015

    Status: Current

  • AA

    Abhishek Agarwal In CFO

    Appointment Date: 31-Mar-2016

    Status: Current

Board Members(5)

Charges (Loans)

Open Charges Satisfied Charges

₹1,735.50 cr

₹1,508.52 cr

LenderAmountStatus

Others

Creation Date: 29 Mar 2024
₹25.00 CrOpen

Others

Creation Date: 19 Mar 2024
₹5.00 CrOpen

Others

Creation Date: 16 Mar 2024
₹10.00 CrOpen

Deals i

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Rating

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Alert

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Related Corporates (Common Directorship)

  • Bihar Foundry & Castings Limited

    Bihar Foundry & Castings Limited

    Active build-icon 52 years 6 months

    Hari Shukla is a mutual person

  • Vedant Asset Limited

    Vedant Asset Limited

    Active build-icon 8 years 10 months

    Gautam Jain is a mutual person

  • Jain International Trade Organisation-Ranchi

    Jain International Trade Organisation-Ranchi

    Active build-icon 4 years 10 months

    Gautam Jain is a mutual person

  • Vedika Fincorp Private Limited

    Vedika Fincorp Private Limited

    Active build-icon 37 years 9 months

    Gautam Jain and Vikram Jain are mutual person

  • Umj Tradehold Llp

    Umj Tradehold Llp

    Active build-icon 2 years 10 months

    Gautam Jain and Vikram Jain are mutual person

  • Vedika Core Investment Private Limited

    Vedika Core Investment Private Limited

    Active build-icon 1 month 6 days

    Gautam Jain and Vikram Jain are mutual person

Recent activity within the organization

  • Activity

    Charges

    A charge with Others amounted to Rs. 25.00 cr with Charge ID 100900693 was registered on 29 Mar 2024.

    29 Mar 2024
  • Activity

    Charges

    A charge with Others amounted to Rs. 5.00 cr with Charge ID 100887747 was registered on 19 Mar 2024.

    19 Mar 2024
  • Activity

    Charges

    A charge with Others amounted to Rs. 10.00 cr with Charge ID 100896634 was registered on 16 Mar 2024.

    16 Mar 2024
  • Activity

    Charges

    A charge with Others amounted to Rs. 15.00 cr with Charge ID 100874734 was registered on 01 Mar 2024.

    01 Mar 2024
  • Activity

    Charges

    A charge with Others amounted to Rs. 25.00 cr with Charge ID 100886862 was registered on 28 Feb 2024.

    28 Feb 2024

Frequently asked questions

What is the Incorporation or founding date of Vedika Credit Capital Ltd?

Vedika Credit Capital Ltd was incorporated 29 years 2 months ago on 15 Mar 1995 with Registrar of Companies Roc Kolkata.

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