Cannon Industries Private Limited

Manufactures and trades fabric and garments, including kid's, children's, ladies, and men's clothing.

1973 | Mumbai, Maharashtra (India) | Active
Last Updated: December 09, 2024

Cannon Industries Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 2.78 Cr
  • Company Age 51 Year, 11 Months
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 14.02 Cr
  • Revenue Growth -34.29%
  • Profit Growth -79.48%
  • Ebitda 126.68%
  • Net Worth 0.04%
  • Total Assets -22.04%

About Cannon Industries

Cannon Industries Private Limited (CIPL) was founded in India on 22 February 1973 and has a glorious history of 51 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Fashion And Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 2.78 Cr.

The company has closed loans amounting to ₹14.02 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Geeta Goyal, Rakeshkumar Goyal, and Kanav Goyal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28991MH1973PTC016334

  • Company No.

    016334

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Feb 1973

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Fashion and Textile

What products or services does Cannon Industries Private Limited offer?

Cannon Industries Private Limited offers a wide range of products and services, including Ladies Gown, Printed Gown, Long Gowns.

Who are the key members and board of directors at Cannon Industries?

Board Members (3)

Name Designation Appointment Date Status
Kanav Goyal Country flag representing In Additional Director 15-Feb-2024 Current
Geeta Goyal Country flag representing In Director 25-Aug-2000 Current
Rakeshkumar Goyal Country flag representing In Director 21-May-1983 Current

Financial Performance of Cannon Industries.

Cannon Industries Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 34.29% decrease. The company also saw a substantial fall in profitability, with a 79.48% decrease in profit. The company's net worth moved up by a moderate rise of 0.04%.

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
-34.29%
Revenue from Operations
-34.14%
Total Assets
-22.04%
Profit or Loss
-79.48%
Net Worth
0.04%
EBITDA
126.68%

What is the Ownership and Shareholding Structure of Cannon Industries?

In 2020, Cannon Industries 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

₹0

Satisfied Charges

₹14.02 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 14.02 Cr

Latest Charge Details

Date Lender Amount Status
09 Jul 2003 Bank Of Baroda ₹13.97 Cr Satisfied
18 Mar 1998 Bank Of Baroda ₹0.50 M Satisfied

How Many Employees Work at Cannon Industries?

Cannon Industries has a workforce of 5 employees as of Apr 10, 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 Cannon 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 Cannon Industries'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 Cannon Industries

Recent activity within the organization

  • Director Appointment

    Kanav Goyal was appointed as a Additional Director was appointed as a Additional Director on 15 Feb 2024 & has been associated with this company since 11 months 18 days .

    15 Feb 2024

  • Annual General Meeting

    Cannon Industries Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Cannon Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.

    31 Mar 2020

  • Charges

    A charge registered on 18 Mar 1998 via Charge ID 90160946 with Bank Of Baroda was fully satisfied on 02 Nov 2015.

    02 Nov 2015

  • Charges

    A charge registered on 09 Jul 2003 via Charge ID 90238442 with Bank Of Baroda was fully satisfied on 22 Sep 2015.

    22 Sep 2015

  • Charges

    A charge with Bank Of Baroda of Rs. 13.97 Cr registered on 09 Jul 2003 with Charge ID 90238442 was modified on 26 Jun 2009.

    26 Jun 2009

Frequently asked questions

  • Cannon Industries Private Limited was incorporated on 22 Feb 1973.

  • The authorized share capital of Cannon Industries Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 2.78 Cr.

  • Currently 3 directors are associated with Cannon Industries Private Limited.

    • Geeta Goyal
    • Rakeshkumar Sat Prakash Goyal
    • Kanav Goyal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Cannon Industries Private Limited is 109 Churchgate Chambers 5 New Marine Lines, India, Mumbai, Maharashtra, 400020.

  • The corporate identification number (CIN) of Cannon Industries Private Limited is U28991MH1973PTC016334 and the company number is 016334 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Cannon Industries Private Limited has fallen by -34.29%.

  • As Per 2020 financial reports, 5 employees are currently employed by Cannon Industries Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Cannon Industries Private Limited has experienced an upsurge of 0.04%.

  • The most recent Balance Sheet for Cannon Industries Private Limited was filed with the ROC on 31 Mar 2020.

People also Viewed

Similar Companies Based on Designer & Branded Fashion