Canbank Factors Limited logo

Canbank Factors Limited

Provides factoring and invoice discounting services, governed by RBI, with branches across major Indian cities.
1991 | Bangalore, Karnataka (India) | Active

Last Updated:

October 14, 2024
HomeCompanyCanbank Factors Limited

Who are the key members and board of directors at Canbank Factors?

Executive Team (2)

NameDesignationAppointment DateStatus
Rajib Sahoo InManaging Director01-Feb-2021Current
Helen VictorCompany Secretary01-Aug-2023Current

Board Members(6)

NameDesignationAppointment DateStatus
Ananthan Srinivasan In Director 07-Sep-2021Current
Basant Seth In Director 08-Oct-2020Current
Ravi Chatterjee In Director 21-Sep-2022Current
Gyana Sarangi In Nominee Director 17-Jan-2022Current
Sreepathy Subbarao In Nominee Director 02-Jul-2022Current
Hardeep Ahluwalia In Nominee Director Current

Financial Performance and Corporate Structure Insights of Canbank Factors.

Canbank Factors Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 9.38% decrease. The company also saw a substantial fall in profitability, with a 46.11% decrease in profit. The company's net worth moved up by a moderate rise of 2.14%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-9.38%
Revenue from Operations
-9.38%
Total Assets
16.43%
Profit or Loss
-46.11%
Net Worth
2.14%
EBITDA
1.71%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹480.00 Cr

₹38.75 Cr

LenderAmountStatus

Canara Bank

Creation Date: 18 Sep 1995
₹480.00 CrOpen

Canara Bank

Creation Date: 18 Sep 1995
₹15.75 CrSatisfied

Canara Bank

Creation Date: 02 Jan 1995
₹10.00 CrSatisfied

How Many Employees Work at Canbank Factors?

Canbank Factors has a workforce of 37 employees as of Oct 14, 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.

Employee Graph

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Latest Updates, News, and FAQs on Canbank Factors

Recent activity within the organization

  • Annual General Meeting

    Canbank Factors Limited last Annual general meeting of members was held on 19 Jul 2024 as per latest MCA records.

    19 Jul 2024

  • Balance Sheet

    Canbank Factors Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 29 Mar 1994 via Charge ID 90193801 with Corporation Bank was fully satisfied on 10 Mar 2023.

    10 Mar 2023

  • Director Appointment

    Ravi Chatterjee was appointed as a Director was appointed as a Director on 21 Sep 2022 & has been associated with this company since 2 years 3 months .

    21 Sep 2022

  • Director Appointment

    Gyana Ranjan Sarangi was appointed as a Nominee Director was appointed as a Nominee Director on 17 Jan 2022 & has been associated with this company since 2 years 11 months .

    17 Jan 2022

  • Charges

    A charge with Canara Bank of Rs. 480.00 Cr registered on 18 Sep 1995 with Charge ID 90195278 was modified on 12 Nov 2021.

    12 Nov 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Canbank Factors Limited was incorporated on 10 May 1991.

  • The authorized share capital of Canbank Factors Limited is ₹ 100.00 Cr and paid-up capital is ₹ 20.00 Cr.

  • Currently 8 directors are associated with Canbank Factors Limited.

    • Ananthan Srinivasan
    • Basant Seth
    • Ravi Chatterjee
    • Rajib Kumar Sahoo
    • Gyana Ranjan Sarangi
    • Sreepathy Subbarao
    • Hardeep Singh Ahluwalia
    • Helen Joy Deva Arul Victor
  • As per Ministry of Corporate Affairs (Mca), the registered address of Canbank Factors Limited is # 67/1 Kanakapura Main Road, Basavanagudi, Bangalore, Karnataka, India, 560004.

  • The corporate identification number (CIN) of Canbank Factors Limited is U85110KA1991PLC011960 and the company number is 011960 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Canbank Factors Limited is https://www.canbankfactors.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Canbank Factors Limited has fallen by -9.38%.

  • As Per 2024 financial reports, 37 employees are currently employed by Canbank Factors Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Canbank Factors Limited has experienced an upsurge of 2.14%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Canbank Factors Limited amount to ₹ 480.00 Cr.

  • The most recent Balance Sheet for Canbank Factors Limited was filed with the ROC on 31 Mar 2024.

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