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DREAMPLUG TECHNOLOGIES PRIVATE LIMITED

Active
Updated: 05 Nov 2024

Dreamplug Technologies Private Limited, also popularly known as CRED, is an unlisted private company incorporated on 19 April, 2018. It is classified as a private limited company and is located in Mumbai City, Maharashtra. It's authorized share capital is INR 29.32 cr and the total paid-up capital is INR 24.78 cr.

Dreamplug Technologies's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2023. It's book networth has increased by 32.06%.

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Industry

Other service activites
Products
  • Other information & communication service activities
Key Metrics

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

Sales
214.41%
₹ 1,237.4
EBITDA
-
₹ -1,317.8
Net Profit
-
₹ -1,232.1
Networth
32.06%
₹ 3,926.4
Borrowings
-
₹ -
Assets
34.79%
₹ 4,428.4
Gross Margin
-
100.0 %
Operating Margin
220.76
-106.5 %
Net Profit Margin
210.12
-91.5 %
Return on Equity
11.42
-31.4 %
ROCE
-16.26
-63.5 %
Debt to Equity
-
0.0
Sales
Mar 2023
Net worth
Mar 2023

Locations

indian flag India (4)
State Type Address

location icon Locations on Map

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Tofler Score

Very Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • VERY LOW INTEREST COVERAGE
Moderate Risk
  • LOSS MAKING
  • LOW ROCE
  • CASH DETERIORATING
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 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales - 0.5 88.6 393.6 1,237.4
Operating profit -63.7 -374.3 -521.4 -1,288.0 -1,317.8
Net profit -60.9 -361.1 -523.9 -1,272.5 -1,232.1
Gross margin - 100.0 100.0 100.0 100.0
Operating margin - -71,839.9 -588.5 -327.3 -106.5
Net margin -2,003.7 -1,990.0 -548.4 -301.6 -91.5
Networth 122.8 616.8 728.1 2,973.2 3,926.4
Borrowings - - - - -
Assets 161.4 693.3 940.9 3,285.5 4,428.4
Debt to equity 0.0 0.0 0.0 0.0 0.0
Current ratio 4.1 11.3 4.5 10.6 5.5
ROE -49.6 -58.5 -72.0 -42.8 -31.4
Days payable - - - - -
WC days - 420,659.0 2,834.0 2,532.0 615.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity Capital 10.1 16.4 18.9 0.4 24.6
Reserves 112.7 600.4 709.2 2,972.8 3,901.8
Borrowings + - - - - -
Long term borrowings - - - - -
Short term borrowings - - - - -
Trade payables + 5.6 20.2 34.9 60.7 364.9
Days payable - - - - -
Other liabilities + 38.6 76.5 212.8 312.3 502.0
Other non-current liabilities 0.5 18.4 16.0 27.4 34.2
Other current liabilities 32.5 37.9 161.9 224.2 102.8
Total liabilities 161.4 693.3 940.9 3,285.5 4,428.4
Fixed Assets + 1.5 28.7 28.9 17.8 23.9
Tangible assets 1.5 25.6 28.9 17.8 23.9
CWIP - 3.0 - - -
Intangible assets - - - - -
LT loans and advances 4.8 - - - 22.7
Other non-current assets - 6.1 27.1 252.8 1,830.5
Current assets + 155.2 658.6 884.8 3,014.9 2,551.3
Inventories - - - - -
Trade receivables - 0.5 4.4 15.5 45.0
Cash and cash equivalents 67.1 505.2 615.1 1,934.8 234.6
ST loans and advances 0.5 - - - -
Other current assets 87.6 152.9 265.3 1,064.6 2,271.7
Total assets 161.4 693.3 940.9 3,285.5 4,428.4
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales + - 0.5 88.6 393.6 1,237.4
Sales growth % None None 16905.95 344.2 214.41
Expenses + 63.9 379.3 619.4 1,694.4 2,578.8
Cost of goods - - - - -
Employee cost 17.0 72.8 134.7 305.6 661.4
Other costs 46.7 302.0 475.3 1,376.0 1,893.9
Operating profit + -63.7 -374.3 -521.4 -1,288.0 -1,317.8
Operating margin % - -71,839.9 -588.5 -327.3 -106.5
Other income 3.0 17.6 6.9 28.3 109.2
Interest - 1.8 2.7 2.4 2.9
Depreciation 0.2 2.6 6.7 10.5 20.6
Exceptional items - - - - -
Profit before tax -60.9 -361.1 -523.9 -1,272.5 -1,232.1
Tax - - - - -
Profit - disc. ops - - - - -
Net profit -60.9 -361.1 -523.9 -1,272.5 -1,232.1
Net margin % -2,003.7 -1,990.0 -548.4 -301.6 -91.5
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Solvency +
Total Debt/Equity 0.0 0.0 0.0 0.0 0.0
Net Debt/Equity 0.0 0.0 0.0 0.0 0.0
Total Debt/Assets 0.0 0.0 0.0 0.0 0.0
Total Assets/Equity 1.3 1.1 1.3 1.1 1.1
Liquidity +
Current Ratio 4.1 11.3 4.5 10.6 5.5
Quick Ratio 4.1 11.3 4.5 10.6 5.5
Interest Coverage - -207.6 -192.6 -527.2 -449.8
Performance
Gross Margin - 100.0 100.0 100.0 100.0
Operating Margin - -71,839.9 -588.5 -327.3 -106.5
Net Margin -2,003.7 -1,990.0 -548.4 -301.6 -91.5
Return +
Return on Equity -49.6 -58.5 -72.0 -42.8 -31.4
Pre-tax ROCE -53.9 -59.9 -73.7 -47.2 -63.5
Return on Assets -37.7 -52.1 -55.7 -38.7 -27.8
Pre-tax ROIC -52.0 -61.1 -72.5 -43.7 -34.1
Efficiency +
Days Payable - - - - -
Days Inventory - - - - -
Days Receivable 0.0 326.0 18.0 14.0 13.0
Fixed Asset Turnover 0.0 0.0 3.1 22.1 51.7
Total Asset Turnover 0.0 0.0 0.1 0.1 0.3
Working Capital
Cash Conversion Cycle 0.0 326.0 18.0 14.0 13.0
Working Capital Days - 420,659.0 2,834.0 2,532.0 615.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

KISETSU SAISON FINANCE (INDIA) PRIVATE LIMITED

No. of Loans: 3

Total Amount : 70.0 cr

2

RBL Bank Limited

No. of Loans: 1

Total Amount : 20.0 cr

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Charges

KISETSU SAISON FINANCE (INDIA) PRIVATE LIMITED
RBL Bank Limited

People

Designation Name DIN/PAN Tenure
Nominee Director Sandeep Tandon 00054553 6 years
Director Kunal Naresh Shah
Shareholder
01653176 7 years
Director Balasubramanyam Sriram 02993708 2 years
Director Rohan Shah Naresh
Shareholder
07878167 7 years
Director Meyer Malka 08277445 6 years
CS Priti Harish Manyal <HIDDEN> 6 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
RADICAL PLASTICS PRIVATE LIMITED
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AZURE INFOTECH PRIVATE LIMITED
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J T HOLDINGS PRIVATE LIMITED
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AAVAS FINANCIERS LIMITED
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3G WIRELESS COMMUNICATIONS PRIVATE LIMITED
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TANCOM ELECTRONICS PRIVATE LIMITED
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6.0 Cr 1 Maharashtra
LITE BITE FOODS TRES PRIVATE LIMITED
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EBONY ELECTRONICS PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
SYRMA SERVICES AND SOLUTIONS PRIVATE LIMITED
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1.0 L 1 Maharashtra
WELLTIME TRADING AND SERVICES PRIVATE LIMITED
Active
1.1 L 1 Delhi
TOVYA AUTOMATION PRIVATE LIMITED
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2.1 Cr 1 Maharashtra
CRUCIBLE TRADING COMPANY PRIVATE LIMITED
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7.0 L 1 Maharashtra
LITE BITE TRAVEL FOODS PRIVATE LIMITED
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LITE BITE FOODS PRIVATE LIMITED
Active
1,267.4 Cr 1 Delhi
SYRMA SGS TECHNOLOGY LIMITED
Active
177.6 Cr 2 Maharashtra
INFINX SERVICES PRIVATE LIMITED
Amalgamated
24.0 L 1 Maharashtra
INFINX SERVICES PRIVATE LIMITED
Active
6.2 Cr 1 Maharashtra
VA TECH VENTURES PRIVATE LIMITED
Active
3.5 L 2 Karnataka
DREAMPLUG ADVISORY SOLUTIONS PRIVATE LIMITED
Active
58.0 Cr 2 Maharashtra
DREAMPLUG AA TECH SOLUTIONS PRIVATE LIMITED
Active
5.0 Cr 2 Maharashtra
GREY HOUSE CONSTRUCTION PRIVATE LIMITED
Active
1.0 L 2 Maharashtra
NEWTAP TECHNOLOGIES PRIVATE LIMITED
Active
48.0 Cr 2 Karnataka
CRED FOUNDATION
Active
0.0 2 Karnataka
QED INNOVATION LABS LLP
Active
14.8 Cr 2 Maharashtra
HAPPAY FINANCE VENTURES PRIVATE LIMITED
Active
6.0 Cr 2 Karnataka
VARANK TECH PRIVATE LIMITED
Active
1.0 L 2 Maharashtra
NEWTAP FINANCE PRIVATE LIMITED
Active
7.8 Cr 2 Maharashtra
DREAMPLUG PAYTECH SOLUTIONS PRIVATE LIMITED
Active
45.0 Cr 3 Maharashtra
DREAMPURSE TECHNOLOGIES PRIVATE LIMITED
Active
57.1 Cr 2 Maharashtra
TVS SUPPLY CHAIN SOLUTIONS LIMITED
Active
44.1 Cr 1 Tamil Nadu
NIPPON LIFE INDIA ASSET MANAGEMENT LIMITED
Active
631.8 Cr 1 Maharashtra
TVS MOTOR COMPANY LIMITED
Active
47.5 Cr 1 Tamil Nadu
TVS CREDIT SERVICES LIMITED
Active
254.7 Cr 1 Tamil Nadu
ICICI BANK LIMITED
Active
1,409.4 Cr 1 Gujarat
INDIAIDEAS COM LIMITED
Active
5.0 Cr 1 Maharashtra
ALLYGATOR TOY SOLUTIONS PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
INFOCREDIT SERVICES PRIVATE LIMITED
Amalgamated
14.5 L 1 Maharashtra
EPIFI TECHNOLOGIES PRIVATE LIMITED
Active
1.6 Cr 1 Karnataka

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
DREAMPLUG ADVISORY SOLUTIONS PRIVATE LIMITED Maharashtra 2020 ₹ 58.0 Cr
DREAMPLUG AA TECH SOLUTIONS PRIVATE LIMITED Maharashtra 2020 ₹ 5.0 Cr
DREAMPLUG PAYTECH SOLUTIONS PRIVATE LIMITED Maharashtra 2021 ₹ 45.0 Cr
DREAMPURSE TECHNOLOGIES PRIVATE LIMITED Maharashtra 2015 ₹ 57.1 Cr
VA TECH VENTURES PRIVATE LIMITED Karnataka 2012 ₹ 3.5 L
HAPPAY FINANCE VENTURES PRIVATE LIMITED Karnataka 2019 ₹ 6.0 Cr
VARANK TECH PRIVATE LIMITED Maharashtra 2020 ₹ 1.0 L
VA Tech Ventures Inc. United States - -
INFOCREDIT SERVICES PRIVATE LIMITED Maharashtra 2012 ₹ 14.5 L
VA Tech Ventures Mexico Mexico - -

Registered Details

CIN

U93090MH2018PTC308253

PAN

AAGCD6555Q

Incorporation

2018, 7.0 years

Company Email

vasanth@cred.club

Paid up Capital

₹ 24.8 Cr

Authorised Capital

₹ 29.3 Cr

AGM

Sep 2023

Type

Private
Non-government Company

FAQ - DREAMPLUG TECHNOLOGIES PRIVATE LIMITED

What is the incorporation date of DREAMPLUG TECHNOLOGIES PRIVATE LIMITED?

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The incorporation date of DREAMPLUG TECHNOLOGIES PRIVATE LIMITED is 19 April, 2018

What is the authorized share capital of DREAMPLUG TECHNOLOGIES PRIVATE LIMITED?

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The authorized share capital of DREAMPLUG TECHNOLOGIES PRIVATE LIMITED is INR ₹ 29.3 Cr.

What is the paid-up capital of DREAMPLUG TECHNOLOGIES PRIVATE LIMITED?

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The paid-up capital of DREAMPLUG TECHNOLOGIES PRIVATE LIMITED is INR ₹ 24.8 Cr.

What is the registered address of DREAMPLUG TECHNOLOGIES PRIVATE LIMITED?

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The registered address of DREAMPLUG TECHNOLOGIES PRIVATE LIMITED is 404, Uphar II CHS Ltd, Plot No.5 BHD, Sanjeeva ENCL 7 Bung lows,Near JuhuCircle NA Mumbai Mumbai City Maharashtra - 400061

What is the CIN number of DREAMPLUG TECHNOLOGIES PRIVATE LIMITED?

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The CIN number of DREAMPLUG TECHNOLOGIES PRIVATE LIMITED is U93090MH2018PTC308253.

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