Canaan Engineering Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.77 Cr
- Company Age 19 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 48.82 Cr
- Revenue Growth 37.71%
- Profit Growth 120.65%
- Ebitda 130.26%
- Net Worth 9.54%
- Total Assets 2.47%
About Canaan Engineering
Canaan Engineering Private Limited (CEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 April 2005 and has a history of 19 years and ten months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Engineering Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.77 Cr.
The company has closed loans amounting to ₹48.82 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Victor Oommen, Blessy Victor, and Kishorilal Mukhija serve as directors at the Company.
Company Details
-
Location
Mumbai, Maharashtra, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U28900MH2005PTC152357
-
Company No.
152357
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
01 Apr 2005
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Mumbai
Industry
What products or services does Canaan Engineering Private Limited offer?
Canaan Engineering Private Limited offers a wide range of products and services, including Industrial & Metal Fabrication, Fabrication Works, Cooling Tower, Heat Exchanger, Parts, Heat Exchanger Parts, Heat Exchangers, Environment Protection & Auditing, Environmental Consultants, Chemical Reactors and Process Tanks, Pressure Vessels, Repair & Maintenance Services.
Who are the key members and board of directors at Canaan Engineering?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Victor Oommen
|
Managing Director | 01-Apr-2005 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Blessy Victor
|
Director | 01-Apr-2005 | Current |
|
Kishorilal Mukhija
|
Additional Director | 02-May-2009 | Current |
Financial Performance of Canaan Engineering.
Canaan Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.71% increase. The company also saw a substantial improvement in profitability, with a 120.65% increase in profit. The company's net worth moved up by a moderate rise of 9.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Canaan Engineering?
In 2023, Canaan Engineering had a promoter holding of 90.00% and a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Kadesh Engineering Works Private LimitedVictor Oommen and Blessy Victor are mutual person
Charges (Loans)
₹0
₹48.82 Cr
Charges Breakdown by Lending Institutions
- Union Bank Of India : 44.19 Cr
- Others : 3.50 Cr
- The South Indian Bank Limited : 0.61 Cr
- L & T Finance Limited : 0.43 Cr
- Axis Bank Limited : 0.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jul 2016 | Others | ₹3.50 Cr | Satisfied |
| 28 Dec 2013 | Union Bank Of India | ₹1.00 Cr | Satisfied |
| 15 Sep 2011 | Union Bank Of India | ₹3.00 Cr | Satisfied |
| 10 Feb 2010 | Union Bank Of India | ₹9.71 Cr | Satisfied |
| 20 Jun 2009 | Axis Bank Limited | ₹0.84 M | Satisfied |
How Many Employees Work at Canaan Engineering?
Canaan Engineering has a workforce of 213 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Canaan Engineering, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Canaan Engineering's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.