Cantreads Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 1.50 M
- Company Age 51 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.91 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 three months.Its registered office is in Mangalore, 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 2023. 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 ₹12.91 Cr. The company has closed loans amounting to ₹2.12 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chandrashekar Kodipady and Saguna Naik serve as directors at the Company.
Company Details
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Location
Mangalore, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U25191KA1973PTC002428
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Company No.
002428
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
11 Oct 1973
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Cantreads?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chandrashekar Kodipady
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Director | 11-Oct-1973 | Current |
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Saguna Naik
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Director | 15-Nov-1996 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Mahabaleshwara Promoters And Builders Private LimitedChandrashekar Kodipady and Saguna Naik are mutual person
Charges (Loans)
₹129.05 M
₹21.20 M
Charges Breakdown by Lending Institutions
- Karnataka Bank Ltd. : 12.90 Cr
- Karnataka Small Industries Development Corporation Ltd. : 0.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jan 2024 | Karnataka Bank Ltd. | ₹3.82 Cr | Open |
| 25 Mar 2022 | Karnataka Bank Ltd. | ₹1.95 Cr | Open |
| 03 Mar 2021 | Karnataka Bank Ltd. | ₹6.29 M | Open |
| 12 May 2020 | Karnataka Bank Ltd. | ₹6.50 Cr | Open |
| 09 Nov 1978 | Karnataka Small Industries Development Corporation Ltd. | ₹0.08 M | Open |
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.
Deals i
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
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
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.
