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Creditaccess Life Insurance Limited Location T. Score People Network Registered Details
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CREDITACCESS LIFE INSURANCE LIMITED

Active
Updated: 22 Oct 2024

Creditaccess Life Insurance Limited, is an unlisted public company incorporated on 18 January, 2019. It is classified as a public limited company and is located in Bangalore, Karnataka. It's authorized share capital is INR 168.00 cr and the total paid-up capital is INR 168.00 cr.

The current status of Creditaccess Life Insurance Limited is - Active.

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Industry

Insurance
Products
  • Life/Non-life Insurance and Reinsurance activities
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
9.29%
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EBITDA
7.69%
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Net Profit
-68.97%
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Networth
2.15%
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Borrowings
6.23%
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Assets
5.07%
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Gross Margin
5.57
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Operating Margin
-0.31
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Net Profit Margin
-8.37
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Return on Equity
-8.01
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ROCE
-0.76
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Debt to Equity
0.01
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Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (1)
State Type Address

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Tofler Score

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Fair
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Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
Gross margin GET PRO GET PRO GET PRO GET PRO GET PRO
Operating margin GET PRO GET PRO GET PRO GET PRO GET PRO
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Networth
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Debt to equity GET PRO GET PRO GET PRO GET PRO GET PRO
Current ratio GET PRO GET PRO GET PRO GET PRO GET PRO
ROE GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
WC days GET PRO GET PRO GET PRO GET PRO GET PRO
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital GET PRO GET PRO GET PRO GET PRO GET PRO
Reserves GET PRO GET PRO GET PRO GET PRO GET PRO
Borrowings + GET PRO GET PRO GET PRO GET PRO GET PRO
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Trade payables + GET PRO GET PRO GET PRO GET PRO GET PRO
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Other liabilities + GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Other current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
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Fixed Assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Tangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
CWIP GET PRO GET PRO GET PRO GET PRO GET PRO
Intangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
LT loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current assets GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + GET PRO GET PRO GET PRO GET PRO GET PRO
Sales growth % GET PRO GET PRO GET PRO GET PRO GET PRO
Expenses + GET PRO GET PRO GET PRO GET PRO GET PRO
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Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
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Performance
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Return +
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Working Capital
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Ratios

Current ratio
Debt/equity ratio

People

Designation Name DIN/PAN Tenure
Director Vinatha Madhusudan Reddy
Shareholder
01181691 6 years
Nominee Director Gary Raymond Bennett 01606108 2 years
Director Paresh Shreesh Parasnis 02412035 2 years
CEO Ram Diwakar Boddupalli <HIDDEN> 2 years
Managing Director Ram Diwakar Boddupalli 02775640 2 years
Director Neharika Vohra 06808439 1 years
Director Purana Housdurgam Vijaya Deepti 08125456 0 years
Nominee Director Matteo Pusineri 09150923 2 years
Director Apparao Adivi 10551192 1 years
Director Koen Johannes Maria Slobbe 10555290 1 years
Kmp Nagaraj Radhakrishna Dhavaskar <HIDDEN> 0 years
CFO Talipadi Vasudeva Ramakrishna <HIDDEN> 2 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
JSR VENTURES PRIVATE LIMITED
Active
1.0 L 1 Karnataka
YUNUS SOCIAL BUSINESS FUND BENGALURU PRIVATE LIMITED
Active
15.1 Cr 1 Karnataka
GRAMEEN SHELTERS PRIVATE LIMITED
Active
3.0 Cr 1 Karnataka
ELECTRUM FINANCIAL SERVICES PRIVATE LIMITED
Active
1.1 Cr 1 Karnataka
AVALAHALLI INVESTMENTS PRIVATE LIMITED
Active
10.0 Cr 1 Karnataka
ELECTRUM FINANCIAL HOLDINGS LIMITED
Active
10.0 L 1 Karnataka
PROMAC ENGINEERING INDUSTRIES LIMITED
Active
9.7 Cr 1 Karnataka
KOTAK MAHINDRA INVESTMENTS LIMITED
Active
5.6 Cr 1 Maharashtra
INVESCO ASSET MANAGEMENT (INDIA) PRIVATE LIMITED
Active
130.4 Cr 1 Maharashtra
MV MICROFIN PRIVATE LIMITED
Amalgamated
4.8 Cr 1 Karnataka
MADURA MICRO FINANCE LIMITED
Amalgamated
7.2 Cr 1 Tamil Nadu
CIIE REGIONAL INNOVATION FOUNDATION
Active
1,000.0 1 Gujarat
FIG TREE NATURALIST FOUNDATION
Active
2.0 L 1 Karnataka
CIIE ADVISORS PRIVATE LIMITED
Active
10,000.0 1 Gujarat
HARSHA ENGINEERS INTERNATIONAL LIMITED
Active
91.0 Cr 1 Gujarat
PNB GILTS LIMITED
Active
180.0 Cr 1 Delhi
CIIE INITIATIVES
Active
4,000.0 1 Gujarat
HARSHA ENGINEERS LIMITED
Amalgamated
24.1 Cr 1 Gujarat
ASTER DM HEALTHCARE LIMITED
Active
499.5 Cr 1 Karnataka
NEOGROWTH CREDIT PRIVATE LIMITED
Active
93.4 Cr 1 Maharashtra
TATA AIG GENERAL INSURANCE COMPANY LIMITED
Active
995.1 Cr 1 Maharashtra
SPARK ASIA IMPACT PRIVATE LIMITED
Active
6.4 Cr 1 Tamil Nadu

Registered Details

CIN

U66020KA2019PLC120540

PAN

AAHCC9724D

Incorporation

2019, 5.8 years

Company Email

diwakar@calife.in

Paid up Capital

₹ 168.0 Cr

Authorised Capital

₹ 168.0 Cr

AGM

31 Jun 2024

Type

Public
Non-government Company

Last Balance Sheet Date
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Mar 2024 Updated on : 22 Oct 2024
* There is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - CREDITACCESS LIFE INSURANCE LIMITED

What is the incorporation date of CREDITACCESS LIFE INSURANCE LIMITED?

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The incorporation date of CREDITACCESS LIFE INSURANCE LIMITED is 18 January, 2019

What is the authorized share capital of CREDITACCESS LIFE INSURANCE LIMITED?

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The authorized share capital of CREDITACCESS LIFE INSURANCE LIMITED is INR ₹ 168.0 Cr.

What is the paid-up capital of CREDITACCESS LIFE INSURANCE LIMITED?

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The paid-up capital of CREDITACCESS LIFE INSURANCE LIMITED is INR ₹ 168.0 Cr.

What is the registered address of CREDITACCESS LIFE INSURANCE LIMITED?

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The registered address of CREDITACCESS LIFE INSURANCE LIMITED is #595, 1st Floor, 15th Cross, 1st Phase, Outer Ring Road, J.P. Nagar Bengaluru Bangalore Karnataka - 560078

What is the CIN number of CREDITACCESS LIFE INSURANCE LIMITED?

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The CIN number of CREDITACCESS LIFE INSURANCE LIMITED is U66020KA2019PLC120540.

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