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BOHTI ENTERPRISES LLP

cred share price

Cred Share Price Details

₹ 40

ESDS Unlisted Share Company Essentials

ISIN NUMBER

INE745X01022

FACE VALUE

₹ 5

Current Ratio

₹ 119.57

EPS

3.46

P/E Ratio

89.61%

NET REVENUE

4.57%

NET PROFIT

60.18%

ROE

11.52%

Cashflow from Operations

 

13.61%

CRED: A Comprehensive Guide to the Revolutionary Credit Card Payment App

  • CRED is a credit card payment app that has taken the Indian market by storm. It was founded in 2018 by Kunal Shah, the founder of FreeCharge, and has since become one of the most popular payment apps in India. The app is designed to help users manage their credit card payments and rewards in a hassle-free manner. In this article, we will take a deep dive into CRED, its features, and how it generates revenue.

     

    What is CRED?

     

    CRED is a credit card payment app that allows users to manage their credit card payments and rewards. The app is available on both Android and iOS platforms and can be downloaded for free. Once downloaded, users can sign up for the app using their mobile number and verify their credit card details. The app then provides users with a dashboard that displays all their credit card details, including the outstanding balance, due date, and rewards.

     

    Features of CRED

     

    CRED offers several features that make it stand out from other payment apps. Some of these features include:

     

    1. Credit Card Management: CRED allows users to manage all their credit cards in one place. Users can view their outstanding balance, due date, and rewards for each card.

     

    2. Credit Score: CRED provides users with a free credit score report from Experian. This report helps users understand their creditworthiness and take steps to improve their credit score.

     

    3. Rewards: CRED offers rewards to users for paying their credit card bills on time. These rewards can be redeemed for various products and services.

     

    4. Bill Payment: CRED allows users to pay their credit card bills directly from the app. Users can also set up auto-payments to ensure that their bills are paid on time.

     

    5. CRED Pay: CRED Pay is a feature that allows users to pay their rent, insurance premiums, and other bills using their credit card. This feature helps users earn rewards on bills that they would otherwise pay using cash or a debit card.

     

    How does CRED generate revenue?

     

    CRED generates revenue through various channels. Some of these channels include:

     

    1. Interchange Fees: CRED earns a percentage of the interchange fee charged by credit card companies for every transaction made through the app.

     

    2. Late Payment Fees: CRED charges users a late payment fee if they fail to pay their credit card bill on time.

     

    3. Interest on Outstanding Balance: CRED earns interest on the outstanding balance of credit card users who do not pay their bills on time.

     

    4. CRED Pay: CRED earns a commission on every transaction made through CRED Pay.

     

    Recent News

     

    CRED has been in the news recently for its fundraising activities. In August 2021, the company raised $215 million in a funding round led by Falcon Edge Capital and Coatue Management. The company is now valued at $2.2 billion. This funding will help CRED expand its services and reach more users.

     

    Conclusion

     

    CRED is a revolutionary credit card payment app that has changed the way Indians manage their credit card payments and rewards. The app offers several features that make it stand out from other payment apps, including credit card management, credit score, rewards, bill payment, and CRED Pay. The app generates revenue through various channels, including interchange fees, late payment fees, interest on outstanding balance, and CRED Pay. With its recent funding, CRED is set to expand its services and reach more users in the coming years.

cred share price

Cred Share IPO Details

  • The company has not filed its DRHP with SEBI and has no news for IPO as of now.

Cred Share/Stock Price

Cred share price is decided on the basis of it’s funding round that it raised from it’s investors. After that, price is decided by the forces of demand and supply as same as listed market. Cred share price is Rs 19000 per share with a face value of Rs 10. 

To get latest updates on Cred share price, funding news, IPO,  Join our Whatsapp Community and Telegram Community

Cred Share/Stock Price Moment

Cred is a fintech company involved in management of Credit Cards. Since the company is private, Cred Share Price cannot be seen on NSE or BSE. It is an unlisted company and cred share price is decided by investors as at what price they want to invest. Cred has raised various funding rounds in past starting from May 14,2018. As the company raises new funding rounds, it affects cred’s share price as valuation is decided again and again. Recently on JUNE , cred has raised $140 Million from GIC, Tiger global and some other investors

Consolidated Results ESDS Unlisted Share

Profit and Loss Statement
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Balance Sheet
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Cashflow
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FAQs- Cred Share

Please find below the procedure for buying Cred Share/Pre-IPO shares at Bharat Invest.

  • You confirm booking of Cred Share/Pre-IPO shares with us at a specified price.
  • You have to provide your client master report along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
  • We will provide our bank details.
  • You need to transfer funds in the current account of bharatinvest.
  • No cash deposit is accepted
  • Payment has to be done from the same account in which shares are to be credited.
  • We ensure delivery of ESDS unlisted shares within 24 hours.
  • Incase of non-availability of shares, we refund the amount to the same bank account within 24 hours.
  • For detailed discussion, you can contact us via any medium.

Please find below the procedure for selling Cred Share/Pre-IPO shares at Bharat Invest.

  • We will confirm our buying price of Cred Share/Pre-IPO shares.
  • We will give you our client master report and you will transfer the Cred Share/Pre-IPO shares to our demat account.
  • We will transfer the funds in your bank account within 24 hours of receiving the Cred Share/Pre-IPO shares .
  • All the transactions will be bank to bank.
  • Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify.
  • You can contact us through any medium for a detailed discussion. 
  • The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.

 

  • With BharatInvest , you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.

 

  • You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
  • Credit of Unlisted Shares/Pre-IPO shares Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

 

  • The value of share in unlisted space is determined in the same way as it is done in listed market. Demand and supply decide the price of any share. If the demand more than the supply, then the prices of the share increases and vice versa.
  • When a new shares is introduces in the unlisted space, the value of the company is decided upon the last funding raised by company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.

 

  • All the transactions are done DEMAT to DEMAT. All the unlisted shares traded with us are available in demat accounts and are transferred to your demat within 24 hours of payment.

Bharatinvest is India’s leading investment bank. Here you can invest unlisted, pre-ipo or delisted shares of Cred at best price. At Bharatinvest, you will get all the updates regarding Cred unlisted share price, IPO news, IPO price, GMP, Cred share news, events, dividends, company related news, ISIN, lot size, Financials ( Cred Profit and loss statement, Cred Balance Sheet, Cred cash flow statement ), Peer comparision and analyst views. Investing in Cred share before ipo can help you invest in shares when they are available at low prices. Holding them on long term basis will help you create wealth in long term and enjoy compounding benefits. Our investors have made an average 250% returns by investing in pre-ipo shares. Buy Cred unlisted or Pre-ipo share at best price from our tech-platform today. You can connect with our expert financial advisors for any guidance. 

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