Canbank Factors Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 20.00 Cr
- Company Age 33 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 480.00 Cr
- Satisfied Charges ₹ 38.75 Cr
- Revenue Growth -9.38%
- Profit Growth -46.11%
- Ebitda 1.71%
- Net Worth 2.14%
- Total Assets 16.43%
About Canbank Factors
Canbank Factors Limited (CFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 May 1991 and has a history of 33 years and nine months. Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Financial Services 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 100.00 Cr and a paid-up capital of Rs 20.00 Cr.
The company currently has active open charges totaling ₹480.00 Cr. The company has closed loans amounting to ₹38.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Canbank Factors Limited India is Helen Victor as COMPANY SECRETARY. Ananthan Srinivasan, Basant Seth, Ravi Chatterjee, and Four other members serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U85110KA1991PLC011960
- Company No.
011960
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
10 May 1991
- Date of AGM
19 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Canbank Factors?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajib Sahoo  | Managing Director | 01-Feb-2021 | Current |
| Helen Victor | Company Secretary | 01-Aug-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ananthan Srinivasan | Director | 07-Sep-2021 | Current |
| Basant Seth | Director | 08-Oct-2020 | Current |
| Ravi Chatterjee | Director | 21-Sep-2022 | Current |
| Gyana Sarangi | Nominee Director | 17-Jan-2022 | Current |
| Sreepathy Subbarao | Nominee Director | 02-Jul-2022 | Current |
| Hardeep Ahluwalia | Nominee Director | Current |
Financial Performance 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Canbank Factors?
In 2024, Canbank Factors had a promoter holding of 80.00% and a public holding of 20.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Idbi Capital Markets & Securities LimitedBasant Seth is a mutual person
Dharampal Satyapal LimitedBasant Seth is a mutual person
Karnataka Asset Management Company Private LimitedSreepathy Subbarao is a mutual person
Unity Small Finance Bank LimitedBasant Seth is a mutual person
Infomerics Analytics And Research Private LimitedBasant Seth is a mutual person
Karnataka Trustee Company Private LimitedSreepathy Subbarao is a mutual person
Charges (Loans)
₹480.00 Cr
₹38.75 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 480.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Sep 1995 | Canara Bank | ₹480.00 Cr | Open |
| 18 Sep 1995 | Canara Bank | ₹15.75 Cr | Satisfied |
| 02 Jan 1995 | Canara Bank | ₹10.00 Cr | Satisfied |
| 29 Mar 1994 | Corporation Bank | ₹5.50 Cr | Satisfied |
| 03 Jul 1992 | Canara Bank | ₹7.50 Cr | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Canbank Factors, 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 Canbank Factors'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.
