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CREDO ADVANCED CHEMICALS LIMITED

Active
Updated: 21 Apr 2025

Credo Advanced Chemicals Limited, is an unlisted public company incorporated on 23 June, 1995. It is classified as a public limited company and is located in Ahmedabad, Gujarat. It's authorized share capital is INR 80.50 cr and the total paid-up capital is INR 75.00 cr.

Credo Advanced Chemicals Limited's operating revenue range is INR 1 cr - 100 cr for the financial year ending on 31 March, 2023. It's EBITDA has increased by 87.46% over the previous year. At the same time, it's book networth has increased by 14.25%.

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Subscription Plans
Industry and products
Manufacturing (Wood Products)
  • Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products
Company size
Auth Capital
₹ 80.5 Cr
Paidup Capital
₹ 75.0 Cr
Revenue
₹ 1-10 cr
Key Metrics

** All rupee values in INR lacs. Based on March 2023 numbers.

Total Revenue
8.12%
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EBITDA
87.46%
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Net Profit
447.67%
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Networth
14.25%
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Borrowings
-37.68%
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Assets
9.66%
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Gross Margin
3.05
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Operating Margin
8.1
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Net Profit Margin
6.28
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Return on Equity
0.17
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ROCE
1.74
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Debt to Equity
-0.09
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Sales
Mar 2023
Net worth
Mar 2023

Locations

indian flag India (2)
State Type Address

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People

Designation Name DIN/PAN Tenure
Director Anand Anilbhai Patel 00002277 9 years
Director Meena Ramniklal Ambani 00320690 2 years
Director Rajiv Gandhi 00438037 2 years
Managing Director Rakesh Sukhraj Shah 02076051 16 years
Director Atishe Chordia 03609132 2 years
Director Naman Madhav Patel 05143261 9 years
Director Rushil Chetanbhai Tamboli 07807971 2 years
Director Pramathesh Ushakant Desai 10673232 1 years
CFO Krunal Rasiklal Shah <HIDDEN> 7 years
CS Kirtesh Tasvinchandra Shah <HIDDEN> 3 years

Financial Highlights

Financials upto March 2023 available in Tofler Pro
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Networth
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%

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Total assets

Charges on assets

Bank wise
Charges
1

PNB INVESTMENT SERVICES LIMITED

No. of Loans: 3

Total Amount : 294.6 cr

2

HDFC Bank Limited

No. of Loans: 5

Total Amount : 44.0 cr

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Charges

PNB INVESTMENT SERVICES LIMITED
HDFC Bank Limited

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
APOLLO INDUSTRIAL PRODUCTS LIMITED
Amalgamated
40.0 L 1 Gujarat
AEML INVESTMENTS LIMITED
Active
3.6 Cr 1 Gujarat
KRISHITEK INDUSTRIES PRIVATE LIMITED
Active
7.5 L 1 Gujarat
GUJARAT APOLLO INDUSTRIES LIMITED
Active
11.8 Cr 2 Gujarat
GUJARAT CREDO MINERAL INDUSTRIES LIMITED
Active
19.0 Cr 4 Gujarat
YOUTH EMPOWERMENT SANSTHAN
Active
5.0 L 1 Gujarat
PFH AGRI EQUIPMENT INDIA PRIVATE LIMITED
Active
40.0 L 1 Gujarat
DEDHROTA BAUXITE MINE PRIVATE LIMITED
Active
10,500.0 1 Gujarat
GUJARAT CREDO RARE EARTHS LIMITED
Active
5.0 L 3 Gujarat
ATM MINECHEM LLP
Active
1.0 L 1 Gujarat
APOLLO MOTOCORP LLP
Active
1.0 L 1 Gujarat
GUJARAT CREDO ALUMINA CHEMICALS LIMITED
Active
14.7 Cr 8 Gujarat
SAGUN VANIJYA PVT LTD
Amalgamated
30.3 L 1 Gujarat
VERTRAUEN ENERGIA (INDIA) LIMITED
Strike Off
10.0 L 1 Gujarat
REMBRANT TRADING PRIVATE LIMITED
Active
29.3 L 1 Gujarat
SAGITTA MARKETING PRIVATE LIMITED
Active
1.0 L 1 Gujarat
DYNAMIC REAL TRADING LLP
Active
1.0 L 1 Gujarat
TRIGUNA MULTI TRADE LLP
Active
1.0 L 1 Gujarat
TEXAS LIFESCIENCES PRIVATE LIMITED
Active
4.9 Cr 1 Gujarat
BIOLINK HEALTHCARE LIMITED
Active
5.8 L 1 Maharashtra
AEROTRANS SERVICES PRIVATE LIMITED
Active
10.0 Cr 1 Gujarat
HESTER AVIATION SERVICES PRIVATE LIMITED
Active
2.0 L 1 Gujarat
BLUE RAY AVIATION PRIVATE LIMITED
Active
33.5 Cr 1 Gujarat
GUJARAT AIRCONNECT PRIVATE LIMITED
Active
6.1 Cr 1 Gujarat
HESTER COATINGS LLP
Active
5.0 L 1 Gujarat
CORELLA AIR LLP
Active
50,000.0 1 Gujarat
HESTER DIAGNOSTICS PRIVATE LIMITED
Active
5.0 L 1 Maharashtra
IHHR HOSPITALITY PRIVATE LIMITED
Active
289.9 Cr 1
HESTER BIOSCIENCES LIMITED
Active
8.5 Cr 1
STEELCAST LIMITED
Active
10.1 Cr 2
CREDO HOLDING PRIVATE LIMITED
Active
1.1 Cr 1 Gujarat
CREDO COMMODITIES PRIVATE LIMITED
Active
5.0 L 1 Gujarat
CSB PROJECTS PRIVATE LIMITED
Active
7.0 L 1 Gujarat
ROCKTECH MINERAL DEVELOPMENT (GUJ.) PRIVATE LIMITED
Active
3.1 Cr 2 Gujarat
TATVANG INDUSTRIES PRIVATE LIMITED
Active
9.8 L 1 Gujarat
ZENITECH PROJECTS PRIVATE LIMITED
Active
1.0 Cr 1 Gujarat
ZENITECH GLOBAL VENTURES PRIVATE LIMITED
Active
1.0 L 1
ASK PUNDIT TECHNOLOGY PRIVATE LIMITED
Strike Off
1.0 L 1 Tamil Nadu
DRUCKER & GROVE FINTECH PRIVATE LIMITED
Active
5.0 L 1 Tamil Nadu
PURPLE ELEPHANT TECHNOLOGIES PRIVATE LIMITED
Active
1.0 L 1 Tamil Nadu
DOODLEBLUE INNOVATIONS PRIVATE LIMITED
Active
92,900.0 1
NOBLE TRADELINK PRIVATE LIMITED
Active
49.5 L 1 Gujarat
OMKARESHWAR MINES & MINERALS PRIVATE LIMITED
Active
6.0 Cr 1 Gujarat
KAMDHENU INTERTRADE PRIVATE LIMITED
Amalgamated
28.6 L 1 Gujarat
REMINCO RESOURCES PRIVATE LIMITED
Amalgamated
16.0 L 1 Gujarat
TAMBOLI INVESTMENTS PVT LTD
Active
1.3 L 1 Gujarat
CMRV ACADEMY LLP
Strike Off
2.0 L 1 Gujarat

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
GUJARAT CREDO MINERAL INDUSTRIES LIMITED Gujarat 2012 ₹ 19.0 Cr
ROCKTECH MINERAL DEVELOPMENT (GUJ.) PRIVATE LIMITED Gujarat 2015 ₹ 3.1 Cr
GUJARAT CREDO ALUMINA CHEMICALS LIMITED Gujarat 2016 ₹ 14.7 Cr
LUCENT MINES AND MINERAL PRIVATE LIMITED Gujarat 2012 ₹ 3.0 Cr
GUJARAT CREDO RARE EARTHS LIMITED Gujarat 2022 ₹ 5.0 L

Tofler Score

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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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Registered Details

CIN

U20119GJ1995PLC064782

PAN

AABCH5561P

Incorporation

1995, 30.0 years

Company Email

credo_cs@credo.co.in

Paid up Capital

₹ 75.0 Cr

Authorised Capital

₹ 80.5 Cr

AGM

Sep 2023

Type

Public
Non-government Company

FAQ - CREDO ADVANCED CHEMICALS LIMITED

What is the incorporation date of CREDO ADVANCED CHEMICALS LIMITED?

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The incorporation date of CREDO ADVANCED CHEMICALS LIMITED is 23 June, 1995

What is the authorized share capital of CREDO ADVANCED CHEMICALS LIMITED?

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The authorized share capital of CREDO ADVANCED CHEMICALS LIMITED is INR ₹ 80.5 Cr.

What is the paid-up capital of CREDO ADVANCED CHEMICALS LIMITED?

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The paid-up capital of CREDO ADVANCED CHEMICALS LIMITED is INR ₹ 75.0 Cr.

What is the registered address of CREDO ADVANCED CHEMICALS LIMITED?

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The registered address of CREDO ADVANCED CHEMICALS LIMITED is 305, Third Floor, Third Eye One, Opp. Honest Restaurant, N ear Panchvati Five Roads, C . G. Road, NA Ahmedabad Ahmedabad Gujarat - 380006

What is the CIN number of CREDO ADVANCED CHEMICALS LIMITED?

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The CIN number of CREDO ADVANCED CHEMICALS LIMITED is U20119GJ1995PLC064782.

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