Canara Pipes Private Limited
About Canara Pipes Private Limited
Data last updated:
Canara Pipes Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 21 July 1994.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25199KA1994PTC015963. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.45 Cr. It is led by directors including Anasuya and Kannaghatta Puttaswamy Gowda Srinivas.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No A – 278 6th Main Peenya2Nd Stage, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2023, the company reported a revenue of ₹13.46 Lakh, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹4.85 Lakh (net margin 36%) and EBITDA of ₹6.45 Lakh (EBITDA margin 47.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹2.79 Cr and satisfied charges of ₹390.4 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it.
Company details
Contact details
Canara Pipes Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo A – 278 6th Main Peenya2Nd Stage, Bangalore, Karnataka, India – 560058
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Canara Pipes Private Limited, buy the company report.
- 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
Financials of Canara Pipes Private Limited
FY 2023 filings availableCanara Pipes Private Limited reported revenue of ₹13.46 Lakh (up 27% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 27% growth in the latest year. EBITDA fell 22% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹13.46 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.85 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 47.9% | ||||
| Net Profit Margin | 36% | ||||
| 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 | |||||
To see the full financial statements and ratios of Canara Pipes Private Limited, buy the company report.
Board of directors of Canara Pipes Private Limited
Canara Pipes has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anasuya Also directs: Asian Fab Tec Limited | Director | 21 Jul 1994 | 32 Years 3 Months | As last reported |
| Kannaghatta Puttaswamy Gowda Srinivas | Director | 29 Mar 2023 | 3 Years 6 Months | As last reported |
| Kannaghatta Puttaswamy Gowda Pavan | Director | 29 Mar 2023 | 3 Years 6 Months | As last reported |
| Srihari Pramod Also directs: Morao Digital Private Limited | Irp/Rp/Liquidator | 22 Jun 2024 | 2 Years 4 Months | As last reported |
Peer comparison
Canara Pipes Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Pipes), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dirba Pipes Pvt Ltd | ₹14.29 Lakh (FY 2024) | -17.0% | Punjab, India | |||
| Agro Pipes Private Limited | ₹14.14 Lakh (FY 2025) | -96.0% | Chennai, Tamil Nadu, India | |||
| Indus Aviva Industries Private Limited | ₹14.01 Lakh (FY 2023) | Ghaziabad, Uttar Pradesh, India | ||||
| Sampurn Pipes Private Limited | ₹14 Lakh (FY 2024) | -68.0% | Raipur, Chhattisgarh, India | |||
| Mahesh Chaudhari Pipes Private Limited | ₹13.85 Lakh (FY 2025) | 1579.0% | Tharad, Gujarat, India | |||
| Canara Pipes Private Limitedthis company | ₹13.46 Lakh (FY 2023) | ₹4.85 Lakh | 36% | 27.0% | Bangalore, Karnataka, India | |
| New Sterling Piping Engineering Private Limited | ₹13.41 Lakh (FY 2025) | 8.0% | Pune, Maharashtra, India | |||
| Pioneer Plastic Works Pvt Ltd | ₹13.39 Lakh (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Barwaha Pipes Private Limited | ₹13.21 Lakh (FY 2024) | 973.0% | Barwaha, Madhya Pradesh, India | |||
| Eastern Pipes Pvt Ltd | ₹13.06 Lakh (FY 2024) | 0.0% | Guwahati, Assam, India | |||
| Parab Pipe Industries Pvt Ltd | ₹12.88 Lakh (FY 2015) | 6958.0% | Maharashtra, India |
To see the full peer comparison of Canara Pipes Private Limited, buy the company report.
Auditor
Canara Pipes Private Limited is audited by S P A R & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P A R & Associates | FY 2023 | 010211S |
Shareholding
The shareholding of Canara Pipes Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Canara Pipes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jun 2000 | 90189505 | Karnataka State Industrial Investment & Develop. Corpn. Ltd. | ₹2.5 Cr | Open | |
| 31 Mar 1997 | 90191807 | Karnataka State Financial Corporation | ₹5.3 Lakh | Open | |
| 29 May 1996 | 90191657 | Karnataka State Financial Corporation | ₹23.8 Lakh | Open | |
| 31 Dec 2021 | 100539391 | Indian Bank | ₹20 Cr | Satisfied | |
| 15 Mar 2010 | 10210241 | Indian Bank | ₹293.96 Cr | Satisfied |
To see the full charge records of Canara Pipes Private Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
Canara Pipes Private Limited has 7 court cases on record: 5 filed by Canara Pipes, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 0 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Canara Pipes Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Canara Pipes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Canara Pipes Private Limited has 1 active EPFO establishment as of Oct 08, 2025.
GST
Canara Pipes has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Canara Pipes Private Limited, buy the company report.
Recent activity
Canara Pipes Private Limited has 6 board changes on record since 1994: 4 appointments and 2 cessations. The latest: Srihari Pramod was appointed as Irp/Rp/Liquidator on 22 Jun 2024.
36 earlier events are in the company report.
Frequently asked questions
Canara Pipes is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Canara Pipes is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 21 July 1994 and is registered under CIN U25199KA1994PTC015963. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Canara Pipes has 4 current directors:
- Anasuya - Director
- Kannaghatta Puttaswamy Gowda Srinivas - Director
- Kannaghatta Puttaswamy Gowda Pavan - Director
- Srihari Pramod - Irp/Rp/Liquidator
The latest financial statements of Canara Pipes on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Canara Pipes is U25199KA1994PTC015963. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Canara Pipes has open charges of ₹2.79 Cr and satisfied charges of ₹390.4 Cr as per latest MCA filings.
Canara Pipes has 7 court cases on record: 5 filed by the company and 2 filed against it.
Canara Pipes was incorporated on 21 July 1994. It is registered with the Registrar of Companies, Bangalore.
The peers of Canara Pipes by revenue are Dirba Pipes Pvt Ltd, Agro Pipes Private Limited, Indus Aviva Industries Private Limited, Sampurn Pipes Private Limited, Mahesh Chaudhari Pipes Private Limited and 5 more, all in the Manufacturing industry (Pipes).
Srihari Pramod was appointed as Irp/Rp/Liquidator on 22 Jun 2024. Puttaswamygowda Honnegowda Kannaghatta ceased to be Managing Director on 30 Mar 2023. Kannaghatta Puttaswamy Gowda Pavan was appointed as Director on 29 Mar 2023. Canara Pipes has 6 board changes on record in total.
The registered office of Canara Pipes is at No A – 278 6th Main Peenya2Nd Stage, Bangalore, Karnataka, India – 560058.