Canara Overseas Limited

Exports iron ore fines from domestic mines and derives revenue from overseas markets.

2002 | Bangaluru, Karnataka (India) | Active
Last Updated: December 12, 2024

Canara Overseas Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.40 Cr
  • Company Age 22 Year, 3 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 40.64 Cr
  • Revenue Growth -82.00%
  • Profit Growth -377.49%
  • Ebitda -108.20%
  • Net Worth -3.82%
  • Total Assets -16.95%

About Canara Overseas

Canara Overseas Limited (COL) is a Public Limited Indian Non-Government Company incorporated in India on 17 October 2002 and has a history of 22 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.40 Cr.

The company currently has active open charges totaling ₹40.64 Cr.

Lakshminarayana Gubba, Ravikumar Sogal, and Asif serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51219KA2002PLC031126

  • Company No.

    031126

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Oct 2002

  • Date of AGM

    30 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Metals and Minerals

Who are the key members and board of directors at Canara Overseas?

Board Members (3)

Name Designation Appointment Date Status
Lakshminarayana Gubba Country flag representing In Director 17-Oct-2002 Current
Ravikumar Sogal Country flag representing In Director 21-Mar-2016 Current
Asif Country flag representing In Director 02-Feb-2021 Current

Financial Performance of Canara Overseas.

Canara Overseas Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 82% decrease. The company also saw a substantial fall in profitability, with a 377.49% decrease in profit. The company's net worth dipped by a decrease of 3.82%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-82.00%
Revenue from Operations
-81.99%
Total Assets
-16.95%
Profit or Loss
-377.49%
Net Worth
-3.82%
EBITDA
-108.20%

What is the Ownership and Shareholding Structure of Canara Overseas?

In 2018, Canara Overseas had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.64 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 30.38 Cr
  • Abn Amro Bank N.V. : 4.74 Cr
  • Srei Equipment Finance Private Limited : 3.43 Cr
  • Abn Amro Bank Nv : 1.11 Cr
  • Abm Amro Bank N.V : 0.64 Cr
  • Others : 0.34 Cr

Latest Charge Details

Date Lender Amount Status
01 Jan 2012 Srei Equipment Finance Private Limited ₹1.43 Cr Open
15 Dec 2010 Srei Equipment Finance Private Limited ₹5.00 M Open
15 Nov 2010 Srei Equipment Finance Private Limited ₹1.50 Cr Open
24 Feb 2007 Abn Amro Bank N.V. ₹1.30 M Open
24 Feb 2007 Abn Amro Bank Nv ₹1.11 Cr Open

How Many Employees Work at Canara Overseas?

Canara Overseas has a workforce of 0 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Canara Overseas, 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 Canara Overseas's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Canara Overseas

Recent activity within the organization

  • Director Appointment

    Asif was appointed as a Director was appointed as a Director on 02 Feb 2021 & has been associated with this company since 4 years 8 days .

    02 Feb 2021

  • Annual General Meeting

    Canara Overseas Limited last Annual general meeting of members was held on 30 Sep 2018 as per latest MCA records.

    30 Sep 2018

  • Balance Sheet

    Canara Overseas Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore.

    31 Mar 2018

  • Director Appointment

    Ravikumar Mallappa Sogal was appointed as a Director was appointed as a Director on 21 Mar 2016 & has been associated with this company since 8 years 10 months .

    21 Mar 2016

  • Charges

    A charge with Srei Equipment Finance Private Limited amounted to Rs. 1.43 Cr with Charge ID 10333466 was registered on 01 Jan 2012.

    01 Jan 2012

  • Charges

    A charge with Srei Equipment Finance Private Limited amounted to Rs. 0.50 Cr with Charge ID 10257427 was registered on 15 Dec 2010.

    15 Dec 2010

Frequently asked questions

  • Canara Overseas Limited was incorporated on 17 Oct 2002.

  • The authorized share capital of Canara Overseas Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.40 Cr.

  • Currently 3 directors are associated with Canara Overseas Limited.

    • Lakshminarayana Gubba
    • Ravikumar Mallappa Sogal
    • Asif
  • As per Ministry of Corporate Affairs (Mca), the registered address of Canara Overseas Limited is No.1129 Sourabhaserviceroad Hampinagar, Vijayanagar India, Bangalore, Karnataka, 560104.

  • The corporate identification number (CIN) of Canara Overseas Limited is U51219KA2002PLC031126 and the company number is 031126 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Canara Overseas Limited is https://www.mathagroup.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Canara Overseas Limited has fallen by -82.00%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Canara Overseas Limited has experienced an downturn of -3.82%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Canara Overseas Limited amount to ₹ 40.64 Cr.

  • The most recent Balance Sheet for Canara Overseas Limited was filed with the ROC on 31 Mar 2018.

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