Candle Electric Solutions Private Limited

Founded in 2020 and headquartered in Kerala, India.

2020 | Ernakulam, Kerala (India) | Active
Last Updated: December 24, 2024

Candle Electric Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 4 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -19.95%
  • Profit Growth -55.46%
  • Ebitda -142.10%
  • Net Worth -238.92%
  • Total Assets 62.90%

About Candle Electric Solutions

Candle Electric Solutions Private Limited (CESPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 17 August 2020 (Four years and five months 25 days old ). Its registered office is in Ernakulam, Kerala, India.

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

Kallammakkal Jose, Jijimol Jose, Jestin Thomas, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U51900KL2020PTC063650

  • Company No.

    063650

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Aug 2020

  • Date of AGM

    10 Feb 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Trading

Who are the key members and board of directors at Candle Electric Solutions?

Board Members (5)

Name Designation Appointment Date Status
Sonu Abraham Country flag representing In Director 17-Aug-2020 Current
Jestin Thomas Country flag representing In Director 17-Aug-2020 Current
Kallammakkal Jose Country flag representing In Director 06-Apr-2023 Current
Jijimol Jose Country flag representing In Director 06-Apr-2023 Current
Akhil Jose Country flag representing In Director 17-Aug-2020 Current

Financial Performance of Candle Electric Solutions.

Candle Electric Solutions Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 19.95% decrease. The company also saw a substantial fall in profitability, with a 55.46% decrease in profit. The company's net worth observed a substantial decline by a decrease of 238.92%.

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
-19.95%
Revenue from Operations
-19.88%
Total Assets
62.90%
Profit or Loss
-55.46%
Net Worth
-238.92%
EBITDA
-142.10%

What is the Ownership and Shareholding Structure of Candle Electric Solutions?

Unlock access to Candle Electric 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 Candle Electric Solutions?

Candle Electric Solutions has a workforce of 0 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Candle Electric 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 Candle Electric 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 Candle Electric Solutions

Recent activity within the organization

  • Annual General Meeting

    Candle Electric Solutions Private Limited last Annual general meeting of members was held on 10 Feb 2024 as per latest MCA records.

    10 Feb 2024

  • Director Appointment

    Kallammakkal Antony Jose was appointed as a Director was appointed as a Director on 06 Apr 2023 & has been associated with this company since 1 year 10 months .

    06 Apr 2023

  • Director Appointment

    Jijimol Jose was appointed as a Director was appointed as a Director on 06 Apr 2023 & has been associated with this company since 1 year 10 months .

    06 Apr 2023

  • Balance Sheet

    Candle Electric Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Director Appointment

    Jestin Thomas was appointed as a Director was appointed as a Director on 17 Aug 2020 & has been associated with this company since 4 years 5 months .

    17 Aug 2020

  • Director Appointment

    Akhil Jose was appointed as a Director was appointed as a Director on 17 Aug 2020 & has been associated with this company since 4 years 5 months .

    17 Aug 2020

Frequently asked questions

  • Candle Electric Solutions Private Limited was incorporated on 17 Aug 2020.

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

  • Currently 5 directors are associated with Candle Electric Solutions Private Limited.

    • Kallammakkal Antony Jose
    • Jijimol Jose
    • Jestin Thomas
    • Akhil Jose
    • Sonu Abraham
  • As per Ministry of Corporate Affairs (Mca), the registered address of Candle Electric Solutions Private Limited is Door No. 47/764 H Muscat Tower Pc Road Chalikavattom Vytilla, Ernakulam India, Kochi, Kerala, 682028.

  • The corporate identification number (CIN) of Candle Electric Solutions Private Limited is U51900KL2020PTC063650 and the company number is 063650 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Candle Electric Solutions Private Limited is https://www.candleelectric.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Candle Electric Solutions Private Limited has fallen by -19.95%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Candle Electric Solutions Private Limited has experienced an downturn of -238.92%.

  • The most recent Balance Sheet for Candle Electric Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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