CRP Risk Management Ltd Summary
CRP Risk Management Limited was originally incorporated as a Private limited company with the name CRP Technologies (India) Private Limited in 2000. Subsequently, the company was converted into a Public limited Company and the name was changed to CRP Technologies (India) Limited on June 23, 2011 and was again changed to CRP Risk Management Limited on November 17, 2014.CRP Risk is a risk management and risk mitigation enterprise. The Company verifies critical information for large and mid-sized corporate.
It provides the services to multiple departments like Finance, Compliance, Operations etc. Over the last one and half decade the company has evolved from being an Employee Background check entrepreneurial start-up to an Integrated risk mitigation solutions company with professional management team and international best practices. The Company has a Veterinary Division wherein it deals in various types of veterinary products such as poultry feed enzymes; poultry feed toxin binders, aquaculture feeds and other products.The Company initially started with a Credit Verification agency for retail banking.
Post that, it reinvented itself to use its strengths in the HR Services and Employee Background Check services. Thereafter the company again realigned its business model and it started reducing its HR Services and employee background check services business since FY 2015 and completely stopped the HR Services and employee background check services during FY 2017 to focus on higher value addition and complex services of risk management. The company also sold the software along with database of employee background check services due to discontinuance of the business.
The Company has also started the Veterinary Division from FY 2015.In 2016, the Company expanded services to E Wallet Companies, Know Your People, Aadhar based domestic help checks. In 2017, CRP INDI- launched Hand Held Platform to conduct Investigation with latest technology; further CRP Sure launched Online Software across all verticals to Initiate Investigation, Conduct Investigation, Track Investigation and Client Monitoring.In January 2018, the Company came up with a Public Issue of 51,36,000 Equity Shares by raising equity fund aggregating to Rs 30.82 Crore. The Companys Equity Shares got listed on the SME Platform of BSE Limited (BSE) on January 31, 2018.