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DREAMPLUG TECHNOLOGIES PRIVATE LIMITED

Active
Updated: 05 Aug 2025

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 , Maharashtra. It's authorized share capital is INR 30.82 cr and the total paid-up capital is INR 25.85 cr.

Dreamplug Technologies's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2024. It's book networth has decreased by 15.69%.

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Subscription Plans
Industry and products
Other service activites
  • Other information & communication service activities
Company size
Auth Capital
₹ 30.8 Cr
Paidup Capital
₹ 25.9 Cr
Revenue
₹ 2250-2500 cr
Key Metrics

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

Total Revenue
67.86%
₹ 2,260.5
EBITDA
-
₹ -1,601.3
Net Profit
-
₹ -1,534.2
Networth
-15.69%
₹ 3,310.6
Borrowings
-
₹ -
Assets
-10.55%
₹ 3,961.1
Gross Margin
-
100.0 %
Operating Margin
31.55
-75.0 %
Net Profit Margin
23.63
-67.9 %
Return on Equity
-14.96
-46.3 %
ROCE
-26.83
-90.3 %
Debt to Equity
-
0.0
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (4)
State Type Address

location icon Locations on Map

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People

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

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 0.5 88.6 393.6 1,237.4 2,136.4
Operating profit -374.3 -521.4 -1,288.0 -1,317.8 -1,601.3
Net profit -361.1 -523.9 -1,272.5 -1,232.1 -1,534.2
Gross margin 100.0 100.0 100.0 100.0 100.0
Operating margin -71,839.9 -588.5 -327.3 -106.5 -75.0
Net margin -1,990.0 -548.4 -301.6 -91.5 -67.9
Networth 616.8 728.1 2,973.2 3,926.4 3,310.6
Borrowings - - - - -
Assets 693.3 940.9 3,285.5 4,428.4 3,961.1
Debt to equity 0.0 0.0 0.0 0.0 0.0
Current ratio 11.3 4.5 10.6 5.5 3.5
ROE -58.5 -72.0 -42.8 -31.4 -46.3
Days payable - - - - -
WC days 420,659.0 2,834.0 2,532.0 615.0 251.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 16.4 18.9 0.4 24.6 24.6
Reserves 600.4 709.2 2,972.8 3,901.8 3,286.0
Borrowings + - - - - -
Long term borrowings - - - - -
Short term borrowings - - - - -
Trade payables + 20.2 34.9 60.7 364.9 291.7
Days payable - - - - -
Other liabilities + 76.5 212.8 312.3 502.0 650.5
Other non-current liabilities 18.4 16.0 27.4 34.2 68.6
Other current liabilities 37.9 161.9 224.2 102.8 290.2
Total liabilities 693.3 940.9 3,285.5 4,428.4 3,961.1
Fixed Assets + 28.7 28.9 17.8 23.9 372.0
Tangible assets 25.6 28.9 17.8 23.9 19.0
CWIP 3.0 - - - -
Intangible assets - - - - 353.0
LT loans and advances - - - 22.7 52.6
Other non-current assets 6.1 27.1 252.8 1,830.5 1,486.3
Current assets + 658.6 884.8 3,014.9 2,551.3 2,050.2
Inventories - - - - -
Trade receivables 0.5 4.4 15.5 45.0 86.5
Cash and cash equivalents 505.2 615.1 1,934.8 234.6 161.4
ST loans and advances - - - - -
Other current assets 152.9 265.3 1,064.6 2,271.7 1,802.4
Total assets 693.3 940.9 3,285.5 4,428.4 3,961.1
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 0.5 88.6 393.6 1,237.4 2,136.4
Sales growth % None 16905.95 344.2 214.41 72.65
Expenses + 379.3 619.4 1,694.4 2,578.8 3,803.5
Cost of goods - - - - -
Employee cost 72.8 134.7 305.6 661.4 948.8
Other costs 302.0 475.3 1,376.0 1,893.9 2,789.0
Operating profit + -374.3 -521.4 -1,288.0 -1,317.8 -1,601.3
Operating margin % -71,839.9 -588.5 -327.3 -106.5 -75.0
Other income 17.6 6.9 28.3 109.2 124.1
Interest 1.8 2.7 2.4 2.9 4.5
Depreciation 2.6 6.7 10.5 20.6 61.3
Exceptional items - - - - -
Profit before tax -361.1 -523.9 -1,272.5 -1,232.1 -1,543.0
Tax - - - - -8.8
Profit - disc. ops - - - - -
Net profit -361.1 -523.9 -1,272.5 -1,232.1 -1,534.2
Net margin % -1,990.0 -548.4 -301.6 -91.5 -67.9
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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 1.1 1.3 1.1 1.1 1.2
Liquidity +
Current Ratio 11.3 4.5 10.6 5.5 3.5
Quick Ratio 11.3 4.5 10.6 5.5 3.5
Interest Coverage -207.6 -192.6 -527.2 -449.8 -354.3
Performance
Gross Margin 100.0 100.0 100.0 100.0 100.0
Operating Margin -71,839.9 -588.5 -327.3 -106.5 -75.0
Net Margin -1,990.0 -548.4 -301.6 -91.5 -67.9
Return +
Return on Equity -58.5 -72.0 -42.8 -31.4 -46.3
Pre-tax ROCE -59.9 -73.7 -47.2 -63.5 -90.3
Return on Assets -52.1 -55.7 -38.7 -27.8 -38.7
Pre-tax ROIC -61.1 -72.5 -43.7 -34.1 -50.2
Efficiency +
Days Payable - - - - -
Days Inventory - - - - -
Days Receivable 326.0 18.0 14.0 13.0 15.0
Fixed Asset Turnover 0.0 3.1 22.1 51.7 5.7
Total Asset Turnover 0.0 0.1 0.1 0.3 0.5
Working Capital
Cash Conversion Cycle 326.0 18.0 14.0 13.0 15.0
Working Capital Days 420,659.0 2,834.0 2,532.0 615.0 251.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Standard Chartered Bank

No. of Loans: 1

Total Amount : 400.0 cr

2

KISETSU SAISON FINANCE (INDIA) PRIVATE LIMITED

No. of Loans: 3

Total Amount : 70.0 cr

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Charges

Standard Chartered Bank
KISETSU SAISON FINANCE (INDIA) PRIVATE LIMITED

Company Network

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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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3G WIRELESS COMMUNICATIONS PRIVATE LIMITED
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2.3 Cr 1 Maharashtra
TANCOM ELECTRONICS PRIVATE LIMITED
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LITE BITE FOODS TRES PRIVATE LIMITED
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EBONY ELECTRONICS PRIVATE LIMITED
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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
Amalgamated
7.0 L 1 Maharashtra
LITE BITE FOODS PRIVATE LIMITED
Active
1,267.4 Cr 1 Delhi
INFINX SERVICES PRIVATE LIMITED
Amalgamated
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LITE BITE TRAVEL FOODS PRIVATE LIMITED
Active
210.0 Cr 1
AAVAS FINANCIERS LIMITED
Active
79.2 Cr 1
SYRMA SGS TECHNOLOGY LIMITED
Active
178.2 Cr 2
360 ONE WAM LIMITED
Active
40.4 Cr 1
INFINX SERVICES PRIVATE LIMITED
Active
6.2 Cr 1
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
DREAMPURSE TECHNOLOGIES PRIVATE LIMITED
Active
57.1 Cr 2 Maharashtra
DREAMPLUG PAYTECH SOLUTIONS PRIVATE LIMITED
Active
45.0 Cr 2
VA TECH VENTURES PRIVATE LIMITED
Active
3.5 L 2
TVS SUPPLY CHAIN SOLUTIONS LIMITED
Active
44.1 Cr 1 Tamil Nadu
TVS CREDIT SERVICES LIMITED
Active
254.7 Cr 1
NIPPON LIFE INDIA ASSET MANAGEMENT LIMITED
Active
635.0 Cr 1
TVS SUPPLY CHAIN SOLUTIONS LIMITED
Active
44.1 Cr 1
ICICI BANK LIMITED
Active
1,427.2 Cr 1
INDIAIDEAS COM LIMITED
Active
5.0 Cr 1 Maharashtra
TVS MOTOR COMPANY LIMITED
Active
47.5 Cr 1 Tamil Nadu
ALLYGATOR TOY SOLUTIONS PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
INFOCREDIT SERVICES PRIVATE LIMITED
Amalgamated
14.5 L 1 Maharashtra

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 2021 ₹ 45.0 Cr
DREAMPURSE TECHNOLOGIES PRIVATE LIMITED Maharashtra 2015 ₹ 57.1 Cr
VA TECH VENTURES PRIVATE LIMITED 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 - -

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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Registered Details

CIN

U93090MH2018PTC308253

PAN

AAGCD6555Q

Incorporation

2018, 7.3 years

Company Email

vasanth@cred.club

Paid up Capital

₹ 25.9 Cr

Authorised Capital

₹ 30.8 Cr

AGM

Sep 2024

Type

Private
Others

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 ₹ 30.8 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 ₹ 25.9 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 Bunglows,Near JuhuCircle, Mumbai City, Mumbai, Maharashtra, India, 400061 - 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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