Credopay Technology Services Private Limited - Due diligence report

A 360° intelligence report on Credopay: trust score, financial health, credit view, compliance, directors, growth and distress signals - gen…

2014-01-29 Chennai, Tamil Nadu Active Unlisted Active Compliant
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CT Credopay Technology Services Private Limited
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Credopay — 360° Intelligence Report

Generated from MCA filings & public records
74/100
Trust Score
Moderate

Credopay is assessed as Moderate with a Trust Score of 74/100. Credopay is an active private limited indian non-government company incorporated in 2014, operating in the Internet sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Credopay Technology Services Private Limited snapshot & full profile →

Financial Health › Good
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
74/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
88/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
60/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
80/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • Working-capital cover adequate.

Charges position: 2 open (3.93 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Hdfc Bank Limited1 48.0 cr
Others1 48.0 cr
Compliance Score: 88/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • 2 active GST registration(s).
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
TRIKKUR RAJARAM RAMESH 01234567 Director 01/04/2018 6 yrs Approved
DORESWAMY PALANISWAMY 01234567 Director 01/04/2018 6 yrs Approved
SHAILESH UPRETI 01234567 Director 01/04/2018 6 yrs Approved
SIVA RAJA SEKHAR PADALA 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • TRIKKUR RAJARAM RAMESH has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
30 allotment(s) · 5 transfer(s)

Promoters hold a majority stake - exact percentages are part of the full report.

Group entityRelationship% held
Salis Payment Solutions Llc Subsidiary Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 80 · Distress 65
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Asset base grew 1.42 - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 12+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
Outside liabilities up 2.1x in a year.
2 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence77/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment60/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 2 open charge(s) of 3.93 cr already registered.
  • Compliance record supports lending.
Investor view72/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
28 Jul 2025
Charge created
Hdfc Bank Limited - 3.45 cr
20 Jun 2025
Charge created
Others - 47.60 Lakh
27 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
28 Sep 2022
Director ceased
TRIKKUR RAJARAM RAMESH
18 Apr 2022
Director appointed
TRIKKUR RAJARAM RAMESH (Director)
31 Mar 2022
Share transfer (FY 2022)
39216.00000000 shares to TJ GreenEnergy RandD PrivateLimited
Share transfer (FY 2022)
42095.00000000 shares to TJ GreenEnergy RandD PrivateLimited
11 Feb 2022
Securities allotted
100 Equity Shares - 24,728.00 raised
Securities allotted
149527 Preference Shares - 3.70 cr raised
30 Sep 2021
Director ceased
MAYANK SHARMA
13 Aug 2021
Securities allotted
38217 Equity Shares - 70.70 Lakh raised
12 Jul 2021
Securities allotted
27027 Equity Shares - 50.00 Lakh raised
24 May 2021
Securities allotted
54054 Equity Shares - 100.00 Lakh raised
02 Mar 2021
Securities allotted
27027 Equity Shares - 50.00 Lakh raised
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
4 active director(s) / partner(s); review board churn before relying on management continuity.
2 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 30 security allotment(s) - amounts available in the full report.
1 overseas direct investment(s) (ODI) on record - international footprint.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Services Labs Software Private Limited U72900TN2013FTC093178 Saidapet, Tamil Nadu, India
Diligent Tech India Private Limited U72200PN2011PTC190825 Pune, Maharashtra, India
Catalystone Solutions U72900PB2012PTC036854 Mohali, Punjab, India
Emagine Infotech Software Private Limited U72900KA2018PTC113507 Bangalore South, Karnataka, India
Implify Technologies India Private Limited U72900TG2008PTC062214 Hyderabad, Telangana, India
Quantum Global Infratech Limited U45400DL2007PLC171238 New Delhi, Delhi, India
Radiant Info Solutions U72900DL2008PTC178862 New Delhi, Delhi, India
Netro Networks Private Limited U72200DL2018PTC333909 East Delhi, Delhi, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Credopay before audits and certifications: compliance score 88/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Credopay: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 80/100, margin trends, ownership structure and peer set for Credopay - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 74/100, distress signals and MSME payment-delay disclosures - know whether Credopay pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Credopay - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Credopay an active company?

Credopay has MCA status “Active” with a compliance score of 88/100 (Low Risk).

Is Credopay financially healthy?

Credopay has a Financial Health Score of 60/100 (Moderate) based on its filed financial statements.

Should I do business with Credopay?

Its overall Trust Score is 74/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Credopay?

Promoters hold a majority stake - exact percentages are in the full report. 4 active director(s) are on record.

Does Credopay have loans or charges against its assets?

2 open charge(s) are registered against its assets.

Is Credopay up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 88/100 (Low Risk).

Is it risky to lend to Credopay?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.