Cantreads Private Limited

Manufactures various rubber products, including retreading rubber, tubes, and flaps.

1973 | Dakshina Kannada, Karnataka (India) | Active
Last Updated:

Cantreads Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 51 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.41 Cr
  • Satisfied Charges ₹ 2.12 Cr
  • Revenue Growth -95.76%
  • Profit Growth -318.42%
  • Ebitda -33.50%
  • Net Worth -0.62%
  • Total Assets 0.83%

About Cantreads

Cantreads Private Limited (CPL) was founded in India on 11 October 1973 and has a glorious history of 51 years and four months.Its registered office is in Dakshina Kannada, Karnataka, India.

The Corporate was formerly known as Canara Rubber Products Ltd. 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹16.41 Cr. The company has closed loans amounting to ₹2.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

Saguna Naik and Chandrashekar Kodipady serve as directors at the Company.

Company Details

  • Location

    Dakshina Kannada, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25191KA1973PTC002428

  • Company No.

    002428

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Oct 1973

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing
Real Estate and Construction

Who are the key members and board of directors at Cantreads?

Board Members (2)

NameDesignationAppointment DateStatus
Saguna Naik Country flag representing In Director 15-Nov-1996Current
Chandrashekar Kodipady Country flag representing In Director 11-Oct-1973Current

Financial Performance of Cantreads.

Cantreads Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 95.76% decrease. The company also saw a substantial fall in profitability, with a 318.42% decrease in profit. The company's net worth dipped by a decrease of 0.62%.

Cantreads revenue growth over time
Cantreads 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
-95.76%
Revenue from Operations
Total Assets
0.83%
Profit or Loss
-318.42%
Net Worth
-0.62%
EBITDA
-33.50%

What is the Ownership and Shareholding Structure of Cantreads?

In 2023, Cantreads had a promoter holding of 73.83% and a public holding of 26.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹164.05 M

Satisfied Charges

₹21.20 M

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 16.40 Cr
  • Karnataka Small Industries Development Corporation Ltd. : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
15 Oct 2024Karnataka Bank Ltd.₹3.50 CrOpen
19 Jan 2024Karnataka Bank Ltd.₹3.82 CrOpen
25 Mar 2022Karnataka Bank Ltd.₹1.95 CrOpen
03 Mar 2021Karnataka Bank Ltd.₹6.29 MOpen
12 May 2020Karnataka Bank Ltd.₹6.50 CrOpen

How Many Employees Work at Cantreads?

Unlock and access historical data on people associated with Cantreads, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Cantreads Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 35.00 M with Charge ID 101014169 was registered on 15 Oct 2024.

  • Annual General Meeting

    Cantreads Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Cantreads Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 38.20 M with Charge ID 100862029 was registered on 19 Jan 2024.

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 19.49 M with Charge ID 100594269 was registered on 25 Mar 2022.

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 6.29 M with Charge ID 100430070 was registered on 03 Mar 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Cantreads Private Limited?

    Cantreads Private Limited was incorporated on 11 Oct 1973.

  • What is authorized share capital and paid-up capital of Cantreads Private Limited?

    The authorized share capital of Cantreads Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.50 M.

  • Who are the current board members & directors of Cantreads Private Limited?

    Currently 2 directors are associated with Cantreads Private Limited.

    • Saguna Chandrashekar Naik
    • Chandrashekar Naik Kodipady
  • What is the registered address of Cantreads Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Cantreads Private Limited is Shakthi Nagar Kulshekar, India, Mangalore, Karnataka, 575016.

  • What is the corporate identification number (CIN) and company number of Cantreads Private Limited?

    The corporate identification number (CIN) of Cantreads Private Limited is U25191KA1973PTC002428 and the company number is 002428 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Cantreads Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Cantreads Private Limited has fallen by -95.76%.

  • What change has been observed in the net worth of Cantreads Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Cantreads Private Limited has experienced an downturn of -0.62%.

  • What are the total open charges for Cantreads Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Cantreads Private Limited amount to ₹ 16.41 Cr.

  • When was the last Balance Sheet of Cantreads Private Limited filed with the ROC?

    The most recent Balance Sheet for Cantreads Private Limited was filed with the ROC on 31 Mar 2024.

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