Company Intelligence Profile
Vedika Credit Capital Ltd
Vedika Credit Capital Ltd is a Non-Deposit Taking NBFC-MFI (RBI Reg.
CIN: U67120WB1995PLC069424Active / CompliantRoC Kolkata / West BengalConfidence: medium
Last updated 17 August 2026
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| Registered name | Vedika Credit Capital Ltd |
|---|---|
| CIN | U67120WB1995PLC069424 |
| PAN | AAACV8957E |
| Status | Active / Compliant |
| Listing | Not listed on any stock exchange (unlisted public limited company; no BSE/NSE scrip found) |
| Incorporated | 15 March 1995 |
| ROC | RoC Kolkata / West Bengal |
| Sector (NIC) |
|
| Registered address | C/O Mr. Subir Dhara, Village – Choto Khataliya, P.O. – Shiuli Telini Para, Dist. – North 24 Parganas, West Bengal – 700121 |
| Authorized capital | ₹40.0 Cr |
| Paid-up capital | ₹37.1 Cr |
Business Overview
Confirmed- Vedika Credit Capital Ltd is a Non-Deposit Taking NBFC-MFI (RBI Reg. No. B-05.00844, per official site teamvedika.com) operating as a direct microfinance lender across seven Eastern Indian states — Jharkhand, Bihar, West Bengal, Uttar Pradesh, Assam, Odisha and Tripura
- Products include JLG (joint liability group) micro loans, micro-enterprise loans, micro-housing loans, e-rickshaw finance and dairy loans
- Founded 1995; company states it lends directly from its own balance sheet and does not act as a broker/aggregator/marketplace
- Reports ~1,215 employees and self-reported AUM of ~₹1,000 Cr
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Gautam Jain | 00367524 | Managing Director & Co-founder | - |
| Vikram Jain | 00367570 | Whole-time Director | - |
| Hari Babu Shukla | 09595868 | Director | - |
| Maqsoodul Hasan Ansari | 08188472 | Director | - |
| Deep Kumar Hessa | 03452241 | Director | - |
| Mukul Praween Ekka | - | Nominee Director | - |
Financials
Partial / conflictingFY2022
- operating revenue range ₹100–500 Cr band
- EBITDA +13.61% YoY
- Net Profit +393.48% YoY
- Net worth +28.11% YoY
- Borrowings +83.4% YoY
- Total assets +74.45% YoY
- Operating margin 4.26%
- Net profit margin 13.5%
- ROE 16.44%
- Debt/Equity 1.85. FY2024: Revenue ₹229.21 Cr (+38% YoY)
- EBITDA and PAT figures locked/paywalled — not obtained. No single source gave a full current-year P&L (revenue+EBITDA+PAT+net worth+borrowings) together; figures above are stitched from two different vintages/sources and should be treated as indicative, not a verified single-year statement. Consolidated financials not obtained
Charges / Borrowings
Partial / conflicting- Tofler (financials page): Open charges ₹1,403.46 Cr
- Satisfied charges ₹2,662.02 Cr; top lenders SBI ₹125 Cr, Indian Overseas Bank ₹160 Cr, Indian Bank ₹115 Cr, IDBI Bank ₹80 Cr, Canara Bank ₹15 Cr. Tofler (main company page): total identified charges across 39 lenders ₹1,283.5 Cr; top lenders Catalyst Trusteeship Ltd ₹210 Cr (7 loans), Indian Overseas Bank ₹160 Cr (4 loans), SBI ₹125 Cr (1 loan), Indian Bank ₹115 Cr (4 loans), SIDBI ₹110 Cr (2 loans)
- Note: the two Tofler pages show differing aggregate charge totals — flagged as a source conflict; treat as directionally confirmed (heavily leveraged via bank/NBFC/DFI debt) but do not cite a single precise total
Credit Ratings
Partial / conflicting- Not confirmed by an independent rating agency source
- The company's own website (teamvedika.com) self-reports "Rating: A- Stable," but no CRISIL, ICRA, or CARE rationale page could be located/resolved to corroborate this (CARE Ratings direct company page returned 404; targeted searches for CRISIL/ICRA/CARE grades returned no agency-published rationale)
- Treat as unverified/self-reported only
Legal / Litigation
Confirmed- (1) M/S Vedika Credit Capital Limited vs The Regional Provident Fund Commissioner — Jharkhand High Court, W.P.(C) No. 1084 of 2022, 30 Mar 2022
- (2) Shriram Power & Steel Pvt. Ltd vs Vedika Credit Capital Ltd — Calcutta High Court, 16 Aug 2021
- (3) Shriram Power & Steel Pvt. Ltd vs Vedika Credit Capital Ltd — Calcutta High Court, 9 Dec 2014
- (4) Shriram Power & Steel Private Limited vs Vedika Credit Capital Limited — Calcutta High Court, 28 Oct 2014
- (5) Vedika Credit Capital Ltd vs [Commissioner], Ranchi — CESTAT, 18 Jun 2025
- (6) Vedika Credit Capital Ltd vs Shriram Power & Steel Pvt Ltd — NCLAT, 5 Jan 2023
- (7) M/S Vedika Credit Capital Ltd vs ITO, Circle 7(1), Kolkata — ITAT Kolkata, 22 Jul 2025
- (8) Arif Khan vs The State Of Jharkhand — Jharkhand High Court, 14 Jun 2021 (VCCL named as party)
- Pattern: a recurring multi-year commercial dispute with Shriram Power & Steel Pvt Ltd, plus routine tax/PF litigation typical of an NBFC — no adverse criminal matters found
Competitors
Partial / conflictingBandhan Bank / Bandhan Financial Services
large, West Bengal-origin, now a bank
Village Financial Services Ltd
VFS) (similar-scale Eastern India MFI
Arohan Financial Services
mid-large Eastern India MFI
Annapurna Finance
large, Odisha-based MFI
Uttrayan Financial Services
smaller Bengal-based MFI
Satin Creditcare Network
larger, pan-India MFI
Frequently Asked Questions
What does Vedika Credit Capital Ltd do?
Vedika Credit Capital Ltd is a Non-Deposit Taking NBFC-MFI (RBI Reg.
What is the CIN of Vedika Credit Capital Ltd?
The Corporate Identification Number (CIN) of Vedika Credit Capital Ltd is U67120WB1995PLC069424.
Where is Vedika Credit Capital Ltd registered?
Vedika Credit Capital Ltd is registered with RoC Kolkata / West Bengal (Tofler lists "West Bengal"; TheCompanyCheck and Tofler-financials list "Kolkata" — same RoC, naming variant; confirmed). Registered address: C/O Mr. Subir Dhara, Village – Choto Khataliya, P.O.
When was Vedika Credit Capital Ltd incorporated?
Vedika Credit Capital Ltd was incorporated on 15 March 1995 (confirmed — Tofler + TheCompanyCheck agree).
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