Candico (I) Profile
Key Indicators
- Authorised Capital ₹ 15.20 Cr
- Paid Up Capital ₹ 14.00 Cr
- Company Age 30 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 36.73 Cr
- Revenue Growth 7.36%
- Profit Growth 20.72%
- Ebitda 62.62%
- Net Worth -230.70%
- Total Assets -6.28%
About Candico (I)
Candico (I) Limited (CIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 May 1994 and has a history of 30 years and ten months. Its registered office is in Delhi, India.
The Corporate was formerly known as Heritage Bhaarat Limited. The Company is engaged in the Food And Beverages 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 15.20 Cr and a paid-up capital of Rs 14.00 Cr.
The company has closed loans amounting to ₹36.73 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Candico (I) Limited India is Sushil Jain as CFO. Anirudh Khullar, Sanjay Gupta, Madhukar Hatwar, and Three other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74899DL1994PLC058883
- Company No.
058883
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 May 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Food and Beverages
What products or services does Candico (I) Limited offer?
Candico (I) Limited offers a wide range of products and services, including Bakery & Confectionery Products, Candy & Jelly, Toffees, Flavoured Candies, Chewing Gums, Mint Candy, Fruit Flavored Candies.
Who are the key members and board of directors at Candico (I)?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sushil Jain  | CFO | 11-Apr-2019 | Current |
| Sanjiv Kumar | Managing Director | 01-Apr-1997 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjay Gupta | Nominee Director | 09-Oct-2010 | Current |
| Anirudh Khullar | Director | 25-Mar-2015 | Current |
| Madhukar Hatwar | Nominee Director | 07-Mar-2023 | Current |
| Surbhit Lihala | Nominee Director | 25-Apr-2019 | Current |
| Ajay Choudhury | Director | 25-Mar-2015 | Current |
Financial Performance of Candico (I).
Candico (I) Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.36% increase. The company also saw a substantial improvement in profitability, with a 20.72% increase in profit. The company's net worth observed a substantial decline by a decrease of 230.7%.
- 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 Candico (I)?
In 2022, Candico (I) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Keventer Global Private LimitedSanjay Gupta and Surbhit Lihala are mutual person
- Edward Keventer Private Limited
Sanjay Gupta is a mutual person
Shyam Sel And Power LimitedAjay Choudhury is a mutual person
Sancorp Confectionary Private LimitedSanjiv Kumar is a mutual person
Riddhi Siddhi Mall Management Private LimitedSanjay Gupta is a mutual person
- Bengal Bonded Warehouse Association.
Sanjay Gupta and Ajay Choudhury are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹36.73 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 28.76 Cr
- Corporation Bank : 5.41 Cr
- Lord Krishna Bank Limited : 2.55 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jul 2008 | Canara Bank | ₹2.50 Cr | Satisfied |
| 09 Jan 2006 | Corporation Bank | ₹5.41 Cr | Satisfied |
| 12 Apr 2004 | Canara Bank | ₹3.00 Cr | Satisfied |
| 03 Oct 2002 | Canara Bank | ₹1.44 M | Satisfied |
| 25 Jun 2002 | Lord Krishna Bank Limited | ₹2.55 Cr | Satisfied |
How Many Employees Work at Candico (I)?
Candico (I) has a workforce of 101 employees as of Mar 31, 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 Candico (I), 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 Candico (I)'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.
Latest Updates, News, and FAQs on Candico (I)
Recent activity within the organization
- Annual General Meeting
Candico (I) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Candico (I) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Madhukar Premdas Hatwar was appointed as a Nominee Director was appointed as a Nominee Director on 07 Mar 2023 & has been associated with this company since 2 years 5 days .
- Director Appointment
Surbhit Lihala was appointed as a Nominee Director was appointed as a Nominee Director on 25 Apr 2019 & has been associated with this company since 5 years 10 months .
- Director Appointment
Sushil Jain was appointed as a Cfo was appointed as a Cfo on 11 Apr 2019 & has been associated with this company since 5 years 11 months .
- Director Appointment
Anirudh Khullar was appointed as a Director was appointed as a Director on 25 Mar 2015 & has been associated with this company since 9 years 11 months .
Frequently asked questions
What is the Incorporation or founding date of Candico (I) Limited?
Candico (I) Limited was incorporated on 09 May 1994.
What is authorized share capital and paid-up capital of Candico (I) Limited?
The authorized share capital of Candico (I) Limited is ₹ 15.20 Cr and paid-up capital is ₹ 14.00 Cr.
Who are the current board members & directors of Candico (I) Limited?
Currently 7 directors are associated with Candico (I) Limited.
- Anirudh Khullar
- Sanjay Gupta
- Sushil Jain
- Madhukar Premdas Hatwar
- Surbhit Lihala
- Ajay Choudhury
- Sanjiv Kumar
What is the registered address of Candico (I) Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Candico (I) Limited is G-9 Harsh Bhawan, 64-65 Nehru Place India, New Delhi, 110019.
What is the corporate identification number (CIN) and company number of Candico (I) Limited?
The corporate identification number (CIN) of Candico (I) Limited is U74899DL1994PLC058883 and the company number is 058883 as per Ministry of Corporate Affairs (MCA).
What is the official website of Candico (I) Limited?
The Official website of Candico (I) Limited is https://[email protected]
What has been the recent revenue trend for Candico (I) Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Candico (I) Limited has risen by 7.36%.
How many employees does Candico (I) Limited currently have?
As Per 2022 financial reports, 101 employees are currently employed by Candico (I) Limited.
What change has been observed in the net worth of Candico (I) Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Candico (I) Limited has experienced an downturn of -230.70%.
When was the last Balance Sheet of Candico (I) Limited filed with the ROC?
The most recent Balance Sheet for Candico (I) Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
Sunil KajariaNominee Director
Mayank JalanDirectorMG
Madhav GuptaDirectorSB
Sudeep BarathanWholetime DirectorRC
Rameshchandra ChavanNominee DirectorRS
Rakesh SalhotraNominee DirectorNB
Niraj BhuwaniaNominee DirectorKG
Karan GuptaDirector