Candid Industries Limited
Trading iron and steel products, manufacturing and selling textile goods and fabrics.
1991 | Hyderabad, Telangana (India) | Active
Candid Industries Profile
Key Indicators
- Authorised Capital ₹ 6.50 Cr
- Paid Up Capital ₹ 5.51 Cr
- Company Age 33 Year, 6 Months
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 360.43 Cr
- Satisfied Charges ₹ 29.80 Cr
- Revenue Growth -74.63%
- Profit Growth -129.78%
- Ebitda -11.93%
- Net Worth -0.45%
- Total Assets 8.90%
About Candid Industries
Candid Industries Limited (CIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 August 1991 and has a history of 33 years and six months. Its registered office is in Hyderabad, Telangana.
The Corporate was formerly known as Futuretech Industries Limited.. The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 6.50 Cr and a paid-up capital of Rs 5.51 Cr.
The company currently has active open charges totaling ₹360.43 Cr. The company has closed loans amounting to ₹29.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sridhar Reddy, Shri Biswas, and Kaarugulla Reddy serve as directors at the Company.
Company Details
- Location Hyderabad, Telangana
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U18100TG1991PLC013088
- Company No.
013088
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Aug 1991
- Date of AGM
30 Sep 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Metals and Minerals
Who are the key members and board of directors at Candid Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sridhar Reddy  | Additional Director | 22-Apr-2013 | Current |
| Shri Biswas | Additional Director | 16-Nov-2021 | Current |
| Kaarugulla Reddy | Additional Director | 18-Aug-2017 | Current |
Financial Performance of Candid Industries.
Candid Industries Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 74.63% decrease. The company also saw a substantial fall in profitability, with a 129.78% decrease in profit. The company's net worth dipped by a decrease of 0.45%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Candid Industries?
In 2019, Candid Industries had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Picsell Realtors Llp
Sridhar Reddy is a mutual person
- Pradhan Agri-Infra Services Private Limited
Sridhar Reddy is a mutual person
- Satya Straps And Packing Technologies Limited
Sridhar Reddy is a mutual person
- Credence Avenues Private Limited
Sridhar Reddy is a mutual person
- Charminar Granites Exports Limited
Kaarugulla Reddy is a mutual person
- Affluence Engineering And Enterprises Limited
Kaarugulla Reddy is a mutual person
Charges (Loans)
Open Charges
₹360.43 Cr
Satisfied Charges
₹29.80 Cr
Charges Breakdown by Lending Institutions
- Central Bank Of India : 300.00 Cr
- Andhra Bank : 60.00 Cr
- State Bank Of Hyderabad : 0.30 Cr
- Bank Of Baroda : 0.13 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Oct 2011 | Central Bank Of India | ₹300.00 Cr | Open |
| 28 Jul 2011 | Andhra Bank | ₹60.00 Cr | Open |
| 05 May 1992 | State Bank Of Hyderabad | ₹3.00 M | Open |
| 08 Jan 1992 | Bank Of Baroda | ₹1.33 M | Open |
| 22 Nov 2010 | Oriental Bank Of Commerce | ₹10.00 Cr | Satisfied |
How Many Employees Work at Candid Industries?
Unlock and access historical data on people associated with Candid Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Candid Industries, 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 Industries'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 Candid Industries
Recent activity within the organization
- Director Appointment
Shri Anil Biswas was appointed as a Additional Director was appointed as a Additional Director on 16 Nov 2021 & has been associated with this company since 3 years 3 months .
- Annual General Meeting
Candid Industries Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
- Balance Sheet
Candid Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Hyderabad.
- Director Appointment
Kaarugulla Raji Reddy was appointed as a Additional Director was appointed as a Additional Director on 18 Aug 2017 & has been associated with this company since 7 years 6 months .
- Director Appointment
Sridhar Vasi Reddy was appointed as a Additional Director was appointed as a Additional Director on 22 Apr 2013 & has been associated with this company since 11 years 10 months .
- Charges
A charge with Central Bank Of India of Rs. 300.00 Cr registered on 07 Oct 2011 with Charge ID 10314536 was modified on 12 Oct 2011.
Frequently asked questions
What is the Incorporation or founding date of Candid Industries Limited?
Candid Industries Limited was incorporated on 19 Aug 1991.
What is authorized share capital and paid-up capital of Candid Industries Limited?
The authorized share capital of Candid Industries Limited is ₹ 6.50 Cr and paid-up capital is ₹ 5.51 Cr.
Who are the current board members & directors of Candid Industries Limited?
Currently 3 directors are associated with Candid Industries Limited.
- Sridhar Vasi Reddy
- Shri Anil Biswas
- Kaarugulla Raji Reddy
What is the registered address of Candid Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Candid Industries Limited is Plot No.1 Survey No.308Venkateswara Cooperative Indus Trial Estate, Jeedimetla India, Hyderabad, Telangana, 500855.
What is the corporate identification number (CIN) and company number of Candid Industries Limited?
The corporate identification number (CIN) of Candid Industries Limited is U18100TG1991PLC013088 and the company number is 013088 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Candid Industries Limited?
According to the financial reports for the fiscal year 2019, the revenue trend for Candid Industries Limited has fallen by -74.63%.
What change has been observed in the net worth of Candid Industries Limited, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of Candid Industries Limited has experienced an downturn of -0.45%.
What are the total open charges for Candid Industries Limited?
As per the financial statements for fiscal Year 2019, The total open charges for Candid Industries Limited amount to ₹ 360.43 Cr.
When was the last Balance Sheet of Candid Industries Limited filed with the ROC?
The most recent Balance Sheet for Candid Industries Limited was filed with the ROC on 31 Mar 2019.
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