Candor Textiles Private Limited

Manufacturer and exporter of a wide range of textile products to 40 countries.

1997 | Indore, Madhya Pradesh (India) | Active
Last Updated: June 17, 2024

Candor Textiles Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.22 Cr
  • Company Age 27 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 59.85 Cr
  • Satisfied Charges ₹ 7.12 Cr
  • Revenue Growth 12.44%
  • Profit Growth 23.45%
  • Ebitda 12.10%
  • Net Worth 33.44%
  • Total Assets 12.96%

About Candor Textiles

Candor Textiles Private Limited (CTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 February 1997 and has a history of 27 years and 11 months. Its registered office is in Indore, Madhya Pradesh, India.

The Corporate was formerly known as Arve Impex Private Limited. The Company is engaged in the Manufacturing 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 3.00 Cr and a paid-up capital of Rs 2.22 Cr.

The company currently has active open charges totaling ₹59.85 Cr. The company has closed loans amounting to ₹7.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

Suryansh Somani, Pankaj Murarka, and Kalpana Somani serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U51109MP1997PTC011693

  • Company No.

    011693

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Feb 1997

  • Date of AGM

    02 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Manufacturing

What products or services does Candor Textiles Private Limited offer?

Candor Textiles Private Limited offers a wide range of products and services, including Industrial Fabrics and Textiles, Canvas Sheet, Tents, Tarpaulins & PE Covers, Tarpaulins, Industrial Fabric, Canvas, Apparel Fabrics & Clothing Textiles, Fabric.

Who are the key members and board of directors at Candor Textiles?

Board Members (3)

Name Designation Appointment Date Status
Pankaj Murarka Country flag representing In Director 21-Oct-2022 Current
Suryansh Somani Country flag representing In Whole-Time Director 10-Aug-2012 Current
Kalpana Somani Country flag representing In Whole-Time Director 20-Aug-2009 Current

Financial Performance of Candor Textiles.

Candor Textiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.44% increase. The company also saw a substantial improvement in profitability, with a 23.45% increase in profit. The company's net worth Soared by an impressive increase of 33.44%.

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
12.44%
Revenue from Operations
12.15%
Total Assets
12.96%
Profit or Loss
23.45%
Net Worth
33.44%
EBITDA
12.10%

What is the Ownership and Shareholding Structure of Candor Textiles?

In 2023, Candor Textiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹59.85 Cr

Satisfied Charges

₹7.12 Cr

Charges Breakdown by Lending Institutions

  • Others : 59.85 Cr

Latest Charge Details

Date Lender Amount Status
25 Oct 2023 Others ₹1.22 M Open
18 Jun 2023 Others ₹4.05 M Open
17 Jan 2023 Others ₹1.48 M Open
10 Dec 2021 Others ₹2.80 Cr Open
01 Dec 2021 Others ₹1.70 M Open

How Many Employees Work at Candor Textiles?

Candor Textiles has a workforce of 327 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Candor Textiles, 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 Candor Textiles'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 Candor Textiles

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 56.20 Cr registered on 19 Jan 2006 with Charge ID 80031257 was modified on 14 Dec 2023.

    14 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 0.12 Cr with Charge ID 100829934 was registered on 25 Oct 2023.

    25 Oct 2023

  • Annual General Meeting

    Candor Textiles Private Limited last Annual general meeting of members was held on 02 Sep 2023 as per latest MCA records.

    02 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 0.41 Cr with Charge ID 100738077 was registered on 18 Jun 2023.

    18 Jun 2023

  • Charges

    A charge registered on 03 Nov 2018 via Charge ID 100230416 with Others was fully satisfied on 12 Jun 2023.

    12 Jun 2023

  • Charges

    A charge registered on 29 Nov 2015 via Charge ID 100032080 with Others was fully satisfied on 11 May 2023.

    11 May 2023

Frequently asked questions

  • Candor Textiles Private Limited was incorporated on 28 Feb 1997.

  • The authorized share capital of Candor Textiles Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.22 Cr.

  • Currently 3 directors are associated with Candor Textiles Private Limited.

    • Suryansh Somani
    • Pankaj Harigovind Murarka
    • Kalpana Somani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Candor Textiles Private Limited is Survey No. 22/1 Halka Patwari No. 27, Village Shiv Nagar Khandwa Road Tehsil Mhow Tillorkhurd, Indore, Madhya Pradesh, India, 452020.

  • The corporate identification number (CIN) of Candor Textiles Private Limited is U51109MP1997PTC011693 and the company number is 011693 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Candor Textiles Private Limited is https://www.candortextiles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Candor Textiles Private Limited has risen by 12.44%.

  • As Per 2023 financial reports, 327 employees are currently employed by Candor Textiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Candor Textiles Private Limited has experienced an upsurge of 33.44%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Candor Textiles Private Limited amount to ₹ 59.85 Cr.

  • The most recent Balance Sheet for Candor Textiles Private Limited was filed with the ROC on 31 Mar 2023.

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