Canit Solutions Private Limited

Provides software consultancy services, incorporated in 2020, based in Tamil Nadu.

2020 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 31, 2024

Canit Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.38 M
  • Company Age 4 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 M
  • Revenue Growth 1160.69%
  • Profit Growth -6332.65%
  • Ebitda -182.48%
  • Net Worth 612.49%
  • Total Assets 1298.41%

About Canit Solutions

Canit Solutions Private Limited (CSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 01 October 2020 (Four years and four months 5 days old ). Its registered office is in Chennai, Tamil Nadu.

The Company is engaged in the Information Technology 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 0.38 M.

The company currently has active open charges totaling ₹1.00 M.

Ghantasala Rajbharat, Nickyjain, and Seshu Tanveer serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72900TN2020PTC138342

  • Company No.

    138342

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Oct 2020

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

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

Board Members (3)

Name Designation Appointment Date Status
Ghantasala Rajbharat Country flag representing In Director 22-Apr-2024 Current
Nickyjain Country flag representing In Director 19-Jun-2023 Current
Seshu Tanveer Country flag representing In Director 19-Jun-2023 Current

Financial Performance of Canit Solutions.

Canit Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 1160.69% increase. The company also saw a substantial fall in profitability, with a 6332.65% decrease in profit. The company's net worth Soared by an impressive increase of 612.49%.

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
1160.69%
Revenue from Operations
1160.69%
Total Assets
1298.41%
Profit or Loss
-6332.65%
Net Worth
612.49%
EBITDA
-182.48%

What is the Ownership and Shareholding Structure of Canit Solutions?

In 2023, Canit Solutions had a public holding of 76.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
23 May 2022 Indian Overseas Bank ₹1.00 M Open

How Many Employees Work at Canit Solutions?

Canit Solutions has a workforce of 0 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 Canit 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 Canit 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 Canit Solutions

Recent activity within the organization

  • Director Appointment

    Ghantasala Satyaprasad Rajbharat was appointed as a Director was appointed as a Director on 22 Apr 2024 & has been associated with this company since 9 months 14 days .

    22 Apr 2024

  • Annual General Meeting

    Canit Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Nickyjain was appointed as a Director was appointed as a Director on 19 Jun 2023 & has been associated with this company since 1 year 7 months .

    19 Jun 2023

  • Director Appointment

    Seshu Karthick Tanveer was appointed as a Director was appointed as a Director on 19 Jun 2023 & has been associated with this company since 1 year 7 months .

    19 Jun 2023

  • Balance Sheet

    Canit Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 1.00 M with Charge ID 100583206 was registered on 23 May 2022.

    23 May 2022

Frequently asked questions

  • Canit Solutions Private Limited was incorporated on 01 Oct 2020.

  • The authorized share capital of Canit Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.38 M.

  • Currently 3 directors are associated with Canit Solutions Private Limited.

    • Ghantasala Satyaprasad Rajbharat
    • Nickyjain
    • Seshu Karthick Tanveer
  • As per Ministry of Corporate Affairs (Mca), the registered address of Canit Solutions Private Limited is Tcr Niveras Plaza 3Rd Floor 205/325 Poonamallee High Road, Aminjikar Ai India, Chennai, Tamil Nadu, 600029.

  • The corporate identification number (CIN) of Canit Solutions Private Limited is U72900TN2020PTC138342 and the company number is 138342 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Canit Solutions Private Limited is https://www.canit-solutions-pvt-ltd.business.site

  • According to the financial reports for the fiscal year 2022, the revenue trend for Canit Solutions Private Limited has risen by 1160.69%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Canit Solutions Private Limited has experienced an upsurge of 612.49%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Canit Solutions Private Limited amount to ₹ 1.00 M.

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

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