Candid Business Solutions Private Limited

Founded in 2004 and headquartered in Tamil Nadu, India.

2004 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 11, 2024

Candid Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 20 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -10.66%
  • Profit Growth -82.45%
  • Ebitda -34.47%
  • Net Worth 21.94%
  • Total Assets 7.38%

About Candid Business Solutions

Candid Business Solutions Private Limited (CBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 April 2004 and has a history of 20 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Business 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 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Ramamirtham Venkatesan and Gopinath Seshadri serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74140TN2004PTC052959

  • Company No.

    052959

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Apr 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Services

Who are the key members and board of directors at Candid Business Solutions?

Board Members (2)

Name Designation Appointment Date Status
Ramamirtham Venkatesan Country flag representing In Director 01-Sep-2005 Current
Gopinath Seshadri Country flag representing In Director 23-Sep-2009 Current

Financial Performance of Candid Business Solutions.

Candid Business Solutions Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 10.66% decrease. The company also saw a substantial fall in profitability, with a 82.45% decrease in profit. The company's net worth Soared by an impressive increase of 21.94%.

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
-10.66%
Revenue from Operations
-10.90%
Total Assets
7.38%
Profit or Loss
-82.45%
Net Worth
21.94%
EBITDA
-34.47%

What is the Ownership and Shareholding Structure of Candid Business Solutions?

Unlock access to Candid Business Solutions's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Candid Business Solutions?

Unlock and access historical data on people associated with Candid Business Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Candid Business Solutions, 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 Candid Business Solutions'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 Candid Business Solutions

Recent activity within the organization

  • Annual General Meeting

    Candid Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Candid Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Gopinath Seshadri was appointed as a Director was appointed as a Director on 23 Sep 2009 & has been associated with this company since 15 years 4 months .

    23 Sep 2009

  • Director Appointment

    Ramamirtham Venkatesan was appointed as a Director was appointed as a Director on 01 Sep 2005 & has been associated with this company since 19 years 5 months .

    01 Sep 2005

  • Company Incorporation

    Candid Business Solutions Private Limited was registered on 15 Apr 2004 with Roc Chennai & aged 20 years 9 months as per MCA records.

    15 Apr 2004

Frequently asked questions

  • Candid Business Solutions Private Limited was incorporated on 15 Apr 2004.

  • The authorized share capital of Candid Business Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Candid Business Solutions Private Limited.

    • Ramamirtham Venkatesan
    • Gopinath Seshadri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Candid Business Solutions Private Limited is No-6A 9Th Floor B Wing Parsn Manere 442, Anna Salai India, Chennai, Tamil Nadu, 600006.

  • The corporate identification number (CIN) of Candid Business Solutions Private Limited is U74140TN2004PTC052959 and the company number is 052959 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Candid Business Solutions Private Limited has fallen by -10.66%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Candid Business Solutions Private Limited has experienced an upsurge of 21.94%.

  • The most recent Balance Sheet for Candid Business Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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