CredAvenue Unlisted Shares
CredAvenue Private Limited
INE0F6307032
Listing Status: DRHP Not Filed
About CredAvenue Unlisted Shares
Overview of CredAvenue Unlisted Shares
CredAvenue Private Limited, based in Chennai, is a cutting-edge FinTech company revolutionizing how businesses raise debt through a tech-first approach. Their innovative technology simplifies the discovery, execution, and fulfilment of debt products for both issuers and investors.
CredAvenue offers an integrated enterprise debt platform, providing a one-stop solution for prospecting, evaluating, executing, and monitoring debt.
- Loan Facilitation: Facilitates approximately 10,000 loans daily, aiming to scale up to 100,000 loans per day within three years.
- Market Impact: Plays a crucial role in the FinTech sector, fostering seamless interactions between corporate borrowers and debt investors.
- Extensive Investor Network: Collaborates with over 150 institutional investors, including PSU banks, private banks, mutual funds, insurance companies, NBFIs, and offshore funds.
- Client Base: Serves more than 6000 enterprises spanning manufacturing, services, and trading sectors across India.
- Efficient Technology Stack: Streamlines the entire lending process for lenders, from reaching qualified borrowers to underwriting, negotiating, closing deals, and post-disbursement monitoring from borrower identification to deal closure and post-disbursement monitoring. This not only expands the client base for lenders but also significantly reduces the time needed for deal closures.
₹14000Cr+ Credit Facilitated | 17000+ Active Enterprise | 6200+ Investors
CredAvenue has rebranded itself as ‘Yubi’ as it gears up for international expansion and widen its product portfolio in its mission to become an ubiquitous name in the global debt ecosystem.
Products and Business Segments
Yubi Loans: One of India's largest corporate loan marketplaces. This platform helps businesses access funds quickly and at competitive rates by connecting them with India's top lenders, all on one platform.
- ₹10,000 crore+ Amount of Loans Disbursed
- 3000+ Active Borrowers
- 750+ Active Lenders
Yubi Invest is India's leading fixed-income investment platform for bond issuance and investment for investors. Utilizing cutting-edge technology, it has facilitated transactions worth more than ₹13,000 crore for individual and institutional investors.
- ₹22,000 crore+ Investments in Fixed Income Facilitated
- 45% Market Share in Fixed Income Instruments
- 5-12% Yield Range
Yubi Pools is an end-to-end securitization management system for banks and NBFCs. Yubi Pools simplifies securitization, having discovered, executed, and monitored over ₹75,000 crore in Direct Assignment and Pass-Through Certificates. It offers unparalleled efficiencies and a data-driven approach to asset-backed securities deal-making.
- 450+ Transactions
- ₹27,000 crore+ GTV Enabled
- ₹75,000 crore+ Portfolio Managed
Yubi Flow is India's largest non-TReDs supply chain finance platform that offers trade financing to lenders and corporates.. It connects anchors with investors on a fully integrated and easy-to-use platform, enabling the funding of supply chains and strengthening the channel partner ecosystem.
- 15,000+ Invoices Discounted
- ₹1,500 crore+ Amount of Loans Disbursed
- 12+ Sectors Covered
Yubi CoLend is an end-to-end co-lending ecosystem that offers discovery, operations, and monitoring modules to help extend credit to MSMEs in a simple and secure manner.
- ₹10,000 crore+ Amount of Loans Disbursed
- 10 lakhs+ Retail Clients
- 500+ Partners Onboard
Timeline
Management
Gaurav Kumar - Founder & CEO
- Gaurav Kumar has over a decade of experience in the financial technology sector, founding and leading multiple successful ventures including Yubi, Vivriti Capital, and Vivriti Asset Management.
- He was also a founding member and Chief Business Officer at Northern Arc Capital, where he played a pivotal role in shaping the company’s strategic direction and growth.
- His extensive expertise spans corporate debt solutions, strategic growth, and operational excellence in the FinTech industry.
Vineet Sukumar - Founder & Director
- Vineet holds an MBA from the Indian Institute of Management Bangalore and a B. Tech (Hons.) in Mechanical Engineering from the Indian Institute of Technology, Kharagpur.
- Vineet Sukumar has extensive experience in the financial sector, having founded and led several successful ventures.
- As the Founder and MD of Vivriti Capital since August 2017, he has been instrumental in creating a large and valuable marketplace for financial services.
- Additionally, he founded Vivriti Asset Management in September 2019, which is now the fastest-growing asset manager for performing credit in India.
- Previously, he served as Chief Executive Officer, Chief Financial Officer and Senior Partner at IFMR Capital Finance Private Limited.
Insights of CredAvenue Unlisted Shares
Financial Highlights
In Crs
Particulars |
31st Dec, 2023 |
31st March, 2023 |
31st March, 2022 |
Revenue |
334 |
391 |
178 |
EBITDA |
-253 |
-412 |
-28 |
PBT |
-328 |
-532 |
-59 |
PAT |
-328 |
-510 |
-58 |
Key aspects of CredAvenue’s business model and financial operations:
- Risk-Free Operating Income: This refers to CredAvenue’s operating income being secure as they do not provide any first-loss guarantee to investors or lenders using their platform. Essentially, the Company does not bear the risk of losses.
- Business Model: CredAvenue operates on a dual revenue stream model:
- Transaction-Based Income: Revenue from transactions facilitated through their platform, likely through fees or commissions on loans or investments.
- Subscription-Based Income: Revenue earned from subscription fees paid by users or clients who access premium features or services offered by the platform.
- High Gross Margin: With a gross margin of 80% or more, CredAvenue enjoys a high profitability ratio. This is attributed to:
- B2B Nature of Business: Serving business-to-business transactions typically incurs lower costs than consumer-focused businesses.
- Low Customer Acquisition Cost (CAC): The cost associated with acquiring customers is minimal, enhancing overall profitability.
Industry Overview
- The global digital lending platform market was valued at approximately $7.1Bn in 2020 and is projected to reach around $20.5Bn by 2026, growing at a CAGR of about 19.6%
- The size of the debt market in India is 60% of the GDP whereas it is 160% in the USA
- The size of the global debt market is $120Tn. India’s is just $2Tn at the moment. The digital lending market in India is projected to grow with a CAGR of 36%
- According to a report by the RBI, the total credit demand in India stood at $1.62Tn in 2021 and is expected to increase due to economic growth and increased borrowing by MSMEs
- In India, less than 10% of loans are securitized, compared to more than 30% in the United States
Funding Journey
Vivriti Capital is the largest shareholder in CredAvenue (~50%).
That apart, the Company has raised two large rounds of private equity in 2020 ($90M | Series A) and September 2021 ($137M | Series B) from marquee investors.
The following are the investors on the cap table:
Leading Investor |
Series |
Valuation ($Mn), Post Money |
Investment ($Mn) |
Creation Investments |
Series A |
410 |
90 |
Lightrock |
Series A |
||
Sequoia Capital |
Series A |
||
Lightspeed |
Series A |
||
TVS Capital |
Series A |
||
Insight Partners |
Series B |
1300 |
137 |
B Capital Group |
Series B |
||
Dragoneer |
Series B |
Recent secondaries of $8M - $10M have valued the company at $1.5B.
Financial Charts of CredAvenue Unlisted Shares
Balance Sheet of CredAvenue Unlisted Shares
Profit and Loss of CredAvenue Unlisted Shares
Ancillary of CredAvenue Unlisted Shares
Ratio Analysis
Peers
Industry Benchmarking
Segment Revenue
Subsidaries
Security Allotment
Corporate Governance
Team Management Details
FAQs of CredAvenue Unlisted Shares
-
How to buy CredAvenue Pvt Ltd?
Below are three ways through which you can purchase CredAvenue Pvt Ltd:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to buy CredAvenue Pvt Ltd, please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
-
How to sell CredAvenue Pvt Ltd?
Below are three ways through which you can sell CredAvenue Pvt Ltd:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to sell CredAvenue Pvt Ltd, please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
-
What is the price of CredAvenue Pvt Ltd?
We provide a two way quote on all the shares we deal in. Your buy price for CredAvenue Pvt Ltd is ₹620 and your sell price for CredAvenue Pvt Ltd is ₹500. The price is based on our estimates and market conditions.
-
What is the lock-in period of CredAvenue Pvt Ltd?
The lock-in period for CredAvenue Pvt Ltd varies depending on the category of investors:
- For retail Investors, HNIs, or Body Corporates, the lock-in period is 6 months from the date of the listing of CredAvenue Pvt Ltd
- For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of CredAvenue Pvt Ltd
- For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period
August 2021 saw the introduction of this regulation by SEBI. The purpose of the regulation change, which lowered the lock-in period from a year to six months, was to incentivize additional investments in firms getting ready for initial public offerings, or IPOs. Since its introduction, a number of Portfolio Management Services (PMS) have advised their clients to purchase Pre-IPO shares in order to take advantage of the advantages associated with early-stage investments. This reduction in the lock-in period is considered as a significant step forward.
-
How is the CredAvenue Pvt Ltd price calculated?
Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of CredAvenue Pvt Ltd. The price is also determined from the most recent funding round for CredAvenue Pvt Ltd. This provides us with a benchmark valuation, offering a clear indication of the company's current market value as perceived by investors and industry experts.
-
What are the lot sizes of CredAvenue Pvt Ltd?
We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of CredAvenue Pvt Ltd with us kindly click here.
-
What are the financials of CredAvenue Pvt Ltd?
The financials of CredAvenue Pvt Ltd which includes the P/L of CredAvenue Pvt Ltd and the Balance Sheet of CredAvenue Pvt Ltd is in the financials section (Click on link).
-
Where can I find the annual report of CredAvenue Pvt Ltd?
The annual report of CredAvenue Pvt Ltd is available in the annual report section (Click on link).
-
Is buying CredAvenue Pvt Ltd legal in India?
Yes, buying and selling unlisted shares in India is indeed 100% legal. This activity is regulated and governed under the guidelines provided by the Securities and Exchange Board of India (SEBI). Investors and traders must adhere to these regulations and guidelines to ensure compliance with legal and financial standards. It's important for participants in the unlisted share market to be aware of and understand these regulations to engage in transactions legally and securely.
-
Short-term Capital Gain taxes to be paid on CredAvenue Pvt Ltd?
When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.
-
Long-term Capital Gain taxes to be paid on CredAvenue Pvt Ltd and how are They Taxed?
Long-term Capital Gains (LTCG) on unlisted shares in India refer to the profits earned from the sale of unlisted shares that have been held for more than two years. The key aspects of LTCG on unlisted shares include:
- Tax Rate: LTCG on unlisted shares is taxed at a rate of 20%.
- Indexation Benefit: This is a significant advantage for investors. Indexation allows for adjusting the purchase price of the shares for inflation, which can reduce the taxable gain.
- Importance for Investors: Understanding LTCG is crucial, especially for High Net-worth Individuals (HNIs) and retail investors, as it impacts their investment strategy and tax planning. Knowing these details helps in making informed investment decisions.
- Calculation: LTCG is calculated by subtracting the indexed cost of acquisition (the purchase price adjusted for inflation) from the sale price of the shares. The profit thus calculated is subject to a 20% tax.
- Applicability: LTCG tax is applicable to profits from the sale of unlisted shares held for more than two years.
- Relevance: This tax is particularly relevant to investors in the unlisted share market, including those considering selling their holdings after a period of more than two years.
-
Applicability of Taxes on CredAvenue Pvt Ltd once it is listed?
When shares initially bought in the unlisted market become listed, the taxation rules change significantly if these shares are sold through a stock exchange. Here's what investors need to know:
Transition to Listed Market Tax Rates: Once unlisted shares are listed on the stock exchange and subsequently sold, the tax rates applicable to listed securities come into effect. This shift means that the favourable tax treatments for listed shares, as per the prevailing tax laws, will apply.
Taxation Based on Holding Period: The crucial factor in determining the type of capital gains tax (Long-term or Short-term) is the holding period of the shares. Importantly, this period is calculated from the original purchase date when the shares were unlisted.
Long-term vs. Short-term Capital Gains: If the shares are sold after being held for more than one year from the date of purchase (including the period when they were unlisted), they are subject to Long-term Capital Gains (LTCG) tax.
Conversely, if sold within one-year, Short-term Capital Gains (STCG) tax rates apply.
Significance for Investors: This information is vital for investors in the unlisted market, as it impacts their tax planning and decision-making process. Understanding these nuances ensures that investors can strategically plan the sale of their shares post-listing to optimize tax implications.
Advice for Investors: It's advisable for investors to keep a record of their purchase dates and monitor the listing dates closely. Additionally, staying updated with the latest tax regulations or consulting with a financial advisor is recommended for accurate tax calculations and compliance. -
How does Altius Investech source CredAvenue Pvt Ltd?
At Altius Investech, our approach to sourcing Boat Unlisted Share (Imagine Marketing) involves a strategic and direct method. Primarily, we acquire these shares from the below key groups:
Employees of the Company: Employee stock option plans (ESOPs) or other compensation packages frequently include shares for firm employees. For a various reasons, such as including portfolio diversification or financial considerations, some of these employees may eventually choose to sell their shares. We engage with these employees, providing them a platform to sell their shares.
Initial Investors: These are the angel or early-stage investors who provided capital to the business in its early stages. These original investors may look to sell all or part of their ownership position in the company as it develops and flourishes. This might be done for various reasons such as in order to maximise their investment, reallocate resources, or make other calculated financial decisions.
Funding rounds and VC funds: Altius Investech sources the shares from private placement rounds in which private companies seek to obtain capital from the market. Through our platform, venture capital funds can liquidate their shares and we receive the inventory from them when they decide to sell a portion of their ownership through block trades.
By establishing connections with these groups, Altius Investech guarantees our clients a steady and dependable supply of Boat Unlisted Share (Imagine Marketing). This process not only makes it easier for employees and initial investors in liquidating their assets, but it also gives our clients access to shares that aren't often found on the open market. Our platform effectively facilitates a win-win situation for both buyers and sellers. -
How to trust Altius Investech before buying CredAvenue Pvt Ltd from its platform?
Altius Investech stands at being India's fastest growing and leading marketplace for buying and selling unlisted shares. We believe in enabling access to alternative sources of investments at lower entry barriers to private equity investments.
With more than 25 years of experience, Altius Investech has carved a niche in the financial market by serving more than 8000 clients. The incredible journey is further highlighted by the vast number of transactions that Altius Investech has facilitated transactions that have already exceeded 300 crores.
For investors Altius Investech curates investment opportunities in companies at reasonable valuations which are on the verge of an IPO leading to massive value unlocking. Investments are backed by thorough research and sound investment thesis, with a time bound exit plan.
For ESOP Shareholder and existing Investors, we assist them to liquidate their shares even if they are not publicly traded by creating a platform where we find the right buyers and sellers for the best prices.
Altius Investech have been featured in top media news outlets like Economic Times, Financial Express, Money control. Check out about us on these - leading publications (Click on link) Our journey over these years has not just been about numbers; it's been about building trust and reliability.
We at Altius Investech are dedicated to upholding the greatest levels of ethics and transparency, making sure that your investment experience is not only profitable but also safe and reliable.
Press of CredAvenue Unlisted Shares
Featured Blogs of CredAvenue Unlisted Shares
Annual Report of CredAvenue Unlisted Shares
Company Information of CredAvenue Unlisted Shares
Stay Connected.
Registered Address
73A, GC Avenue, Kolkata -13Corporate Address
Y-19, 90 DEGREES Magnus, EP Block,Sec V, Kolkata 700091Chennai Office
19/10, Guru Vappa Chetty Street, Chintadripet, Chennai - 600002
Dubai Office
2701, Executive Tower G, Business Bay, Dubai, UAE
Andhra Pradesh & Telangana Office
54-19-25/1, Flat no.101, Sai Residency, Nelson Mandela Park Road, LIC Colony, Vijayawada (Urban), Andhra Pradesh - 520008Altius Investech