Candes Technology Private Limited

Sells home and kitchen appliances online and in stores.

2021 | North West Delhi, Delhi (India) | Active
Last Updated:

Candes Technology Profile

Key Indicators

  • Authorised Capital ₹ 1.53 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 4 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.00 Cr
  • Satisfied Charges ₹ 15.00 Cr
  • Revenue Growth 4.45%
  • Profit Growth -786.14%
  • Ebitda -2603.04%
  • Net Worth 175.54%
  • Total Assets 43.10%

About Candes Technology

Candes Technology Private Limited (CTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 25 January 2021 (Four years and one month 5 days old ). Its registered office is in North West Delhi, Delhi, India.

The Company is engaged in the E-Commerce Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.53 M and a paid-up capital of Rs 0.12 M.

The company currently has active open charges totaling ₹15.00 Cr. The company has closed loans amounting to ₹15.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vipin Aggarwal, Damandeep Soni, and Abhishek Biswas serve as directors at the Company.

Company Details

  • Location

    North West Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    candesworld.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U31909DL2021PTC376160

  • Company No.

    376160

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jan 2021

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

E-Commerce

What products or services does Candes Technology Private Limited offer?

Candes Technology Private Limited offers a wide range of products and services, including Water Heater & Geyser, Electric Water Heater, Washing Machine for Home, Top Loading Washing Machine, Exhaust Fans, Ceiling Fans, Industrial Washing Machine, Laundry Washing Machine, Room Heaters, Electric Room Heater.

Who are the key members and board of directors at Candes Technology?

Board Members (3)

NameDesignationAppointment DateStatus
Damandeep Soni Country flag representing In Nominee Director 31-Mar-2022Current
Abhishek Biswas Country flag representing In Nominee Director 19-Jun-2023Current
Vipin Aggarwal Country flag representing In Director 25-Jan-2021Current

Financial Performance of Candes Technology.

Candes Technology Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.45% increase. The company also saw a substantial fall in profitability, with a 786.14% decrease in profit. The company's net worth Soared by an impressive increase of 175.54%.

Candes Technology revenue growth over time
Candes Technology 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
4.45%
Revenue from Operations
4.34%
Total Assets
43.10%
Profit or Loss
-786.14%
Net Worth
175.54%
EBITDA
-2603.04%

What is the Ownership and Shareholding Structure of Candes Technology?

In 2023, Candes Technology had a promoter holding of 55.50% and a public holding of 44.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹150.00 M

Satisfied Charges

₹150.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Oct 2022Axis Bank Limited₹15.00 CrOpen
12 Jul 2021Others₹15.00 CrSatisfied

How Many Employees Work at Candes Technology?

Candes Technology has a workforce of 84 employees as of Mar 22, 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 growth trends for Candes Technology Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Candes Technology, 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 Candes Technology'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 Candes Technology

Recent activity within the organization

  • Annual General Meeting

    Candes Technology Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

  • Director Appointment

    Abhishek Biswas was appointed as a Nominee Director was appointed as a Nominee Director on 19 Jun 2023 & has been associated with this company since 1 year 8 months .

  • Balance Sheet

    Candes Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge with Axis Bank Limited of Rs. 150.00 M registered on 21 Oct 2022 with Charge ID 100649616 was modified on 03 Feb 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 150.00 M with Charge ID 100649616 was registered on 21 Oct 2022.

  • Charges

    A charge registered on 12 Jul 2021 via Charge ID 100464139 with Others was fully satisfied on 28 Apr 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Candes Technology Private Limited?

    Candes Technology Private Limited was incorporated on 25 Jan 2021.

  • What is authorized share capital and paid-up capital of Candes Technology Private Limited?

    The authorized share capital of Candes Technology Private Limited is ₹ 1.53 M and paid-up capital is ₹ 0.12 M.

  • Who are the current board members & directors of Candes Technology Private Limited?

    Currently 3 directors are associated with Candes Technology Private Limited.

    • Vipin Aggarwal
    • Damandeep Singh Soni
    • Abhishek Biswas

  • What is the registered address of Candes Technology Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Candes Technology Private Limited is D Mall 1B-5 No 405 Fourth Floor Twin District Centre Sector 10 Rohini India, Delhi, 110085.

  • What is the corporate identification number (CIN) and company number of Candes Technology Private Limited?

    The corporate identification number (CIN) of Candes Technology Private Limited is U31909DL2021PTC376160 and the company number is 376160 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Candes Technology Private Limited?

    The Official website of Candes Technology Private Limited is https://www.candesworld.com

  • What has been the recent revenue trend for Candes Technology Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Candes Technology Private Limited has risen by 4.45%.

  • How many employees does Candes Technology Private Limited currently have?

    As Per 2023 financial reports, 84 employees are currently employed by Candes Technology Private Limited.

  • What change has been observed in the net worth of Candes Technology Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Candes Technology Private Limited has experienced an upsurge of 175.54%.

  • What are the total open charges for Candes Technology Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Candes Technology Private Limited amount to ₹ 15.00 Cr.

  • When was the last Balance Sheet of Candes Technology Private Limited filed with the ROC?

    The most recent Balance Sheet for Candes Technology Private Limited was filed with the ROC on 31 Mar 2023.

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