About Canan Technologies Private Limited
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Canan Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 24 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2000PTC026979. Its GSTIN is 32AACCC0898F2ZU (Kerala). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Vadakel Devasia Sebastian (Managing Director) and Deepu Natarajan.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 272 2nd Floor Mysore Road Near Telephone Exchange Gef – Post Bayatarayanapura, Bangalore, Karnataka, India – 560026.
As per the financials filed for FY 2017, the company reported a revenue of ₹93.85 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹15.64 Lakh (net margin -16.7%) and EBITDA of -₹14.39 Lakh (EBITDA margin -15.3%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years.
As per MCA filings, the company has open charges of ₹10.61 Cr on record. Court records list 23 cases involving the company, including 13 filed by the company and 8 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website betrons.com.
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- TelephoneLocked
- Website
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- Registered Address272 2nd Floor Mysore Road Near Telephone Exchange Gef – Post Bayatarayanapura, Bangalore, Karnataka, India – 560026
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Canan Technologies Private Limited
The main business activity of Canan Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Canan Technologies Private Limited FY 2018 filings available
Canan Technologies Private Limited reported revenue of ₹93.85 Lakh (up 350% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Canan Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 42% over three years, including 350% growth in the latest year. EBITDA fell 834% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Canan Technologies Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹93.85 Lakh | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹14.39 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹15.64 Lakh | •••• | •••• |
| Balance Sheet | |||
| Share Capital | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Canan Technologies Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -15.3% | •••• | •••• |
| Net Profit Margin | -16.7% | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Canan Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Canan Technologies Private Limited
Canan Technologies Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tullu Manufacturers Private Limited | ₹94.27 Lakh (FY 2025) | •••• | •••• | 36.0% | •••• | Varanasi, Uttar Pradesh, India |
| Greentech Energy Components Private Limited | ₹94.22 Lakh (FY 2016) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Asys Insta Power Private Limited | ₹94.21 Lakh (FY 2024) | •••• | •••• | 115.0% | •••• | Indirapuram, Uttar Pradesh, India |
| Deprel Ventures Private Limited | ₹94.04 Lakh (FY 2025) | •••• | •••• | 173.0% | •••• | Anantnag, Jammu and Kashmir, India |
| Ruby Electro Devices Private Limited | ₹93.97 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Nashik, Maharashtra, India |
| Canan Technologies Private Limited this company | ₹93.85 Lakh (FY 2017) | •••• | •••• | 350.0% | •••• | Bangalore, Karnataka, India |
| Vgro Appliances Private Limited | ₹93.78 Lakh (FY 2024) | •••• | •••• | 296.0% | •••• | Chennai, Tamil Nadu, India |
| Swido Energy Solutions Private Limited | ₹93.74 Lakh (FY 2024) | •••• | •••• | 5269.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Rhydo Technologies Private Limited | ₹93.73 Lakh (FY 2025) | •••• | •••• | -15.0% | •••• | Kochi, Kerala, India |
| Cosmo Lamps Private Limited | ₹93.69 Lakh (FY 2025) | •••• | •••• | 70.0% | •••• | New Delhi, Delhi, India |
| Dreamfly Innovations Private Limited | ₹93.2 Lakh (FY 2025) | •••• | •••• | 322.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Canan Technologies by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Canan Technologies Private Limited
Auditor information for Canan Technologies Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Canan Technologies Private Limited
Canan Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepu Natarajan | Director | 07 Mar 2012 | 14 Years 7 Months | Current |
| Vadakel Devasia Sebastian | Managing Director | 01 Dec 2003 | 22 Years 10 Months | Current |
Ownership and Shareholding of Canan Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Canan Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Sep 2009 | The Federal Bank Limited | ₹1.2 Cr | Open |
| 06 Oct 2007 | The Federal Bank Ltd | ₹3 Cr | Open |
| 17 Aug 2007 | The Federal Bank Ltd | ₹3 Cr | Open |
| 17 Aug 2007 | The Federal Bank Limited | ₹2 Cr | Open |
| 10 Aug 2005 | Indusind Bank Ltd | ₹1.25 Cr | Open |
Total charge records: 7 View all charges
Legal Cases of Canan Technologies Private Limited
Canan Technologies Private Limited has 23 court cases on record: 13 filed by Canan Technologies, 8 filed against it, 2 where it is another party. 2 cases are pending and 21 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 2 | 1 |
| District courts | 9 | 6 | 1 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Indiabulls Financial Services Limited | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against Kent Constructions Private Limited | Disposed |
| District court, Alappuzha, Kerala | Civil suit | Company is another party | Pending |
| High Court of Kerala | Court case (RP) | Filed by the company against State of Kerala | Pending |
| District court, Ernakulam, Kerala | Court case (OP(TP)) | Filed against the company by an individual | Disposed |
Full case history
All 23 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Canan Technologies Private Limited
Employment history and EPFO contributions of people linked to Canan Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Canan Technologies Private Limited
Canan Technologies Private Limited has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Betty Sebastian ceased to be Director on 07 Mar 2012.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Canan Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Canan Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Canan Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Canan Technologies Private Limited
Canan Technologies has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCC0898F2ZU | Kerala | Active | 24 May 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Canan Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Canan Technologies Private Limited
Canan Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 24 April 2000 (26+ years old) and is registered under CIN U72900KA2000PTC026979.
Canan Technologies reported revenue of ₹93.85 Lakh for FY 2017 (up 350% YoY).
Canan Technologies has 2 current directors:
- Vadakel Devasia Sebastian - Managing Director
- Deepu Natarajan - Director
Canan Technologies reported a net loss of ₹15.64 Lakh (net margin -16.7%) and EBITDA of -₹14.39 Lakh (EBITDA margin -15.3%) for FY 2017, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Canan Technologies is 42% over three years. In the latest year (FY 2017) revenue rose 350%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Canan Technologies is 32AACCC0898F2ZU, registered in Kerala. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Canan Technologies is U72900KA2000PTC026979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Canan Technologies has 23 court cases on record: 13 filed by the company and 8 filed against it. 2 are pending. Most are in the high courts.
Canan Technologies was incorporated on 24 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Canan Technologies by revenue are Tullu Manufacturers Private Limited, Greentech Energy Components Private Limited, Asys Insta Power Private Limited, Deprel Ventures Private Limited, Ruby Electro Devices Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Betty Sebastian ceased to be Director on 07 Mar 2012. Deepu Natarajan was appointed as Director on 07 Mar 2012. Vadakel Devasia Sebastian was appointed as Managing Director on 01 Dec 2003.