Canbank Factors Limited - Company Profile

Q: Where is Canbank Factors Limited headquartered?

Canbank Factors Limited is headquartered at # 671, Kanakapura Main Road Basavanagudi, Bangalore, Karnataka, 560004.

Q: Who are the current directors of Canbank Factors Limited?

The current directors of Canbank Factors Limited are Sreepathy Subbarao, Ravi Chatterjee, Rajib Kumar Sahoo, Gyana Ranjan Sarangi, Hardeep Singh Ahluwalia, Basant Seth, Pallam Ravi Varma, Deva Arul Victor Helen Joy.

It is a financial services public limited company based in Bangalore, Karnataka, India, established in 1991.

1991 Bangalore, Karnataka, India Active

Last Updated: January 06, 2026

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About Canbank Factors Limited

Canbank Factors Limited, a active public limited company, was established on 10 May 1991 in Bangalore, Karnataka, India. Engaging in factoring nbfc within the financial and insurance service sector, it holds CIN: U85110KA1991PLC011960. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹100.00 Cr and a paid-up capital of ₹20.00 Cr.

It upholds a compliant status. Employing 37 professional, Its leadership includes Sreepathy Subbarao (Nominee Director), Ravi Chatterjee (Director), Rajib Kumar Sahoo (Managing Director). Past directors included Brijmohan Sharma, Devdatt Ravaji Shirodkar, Rajiv Kishore Dubey. It holds ₹4.50 Cr open charges and ₹38.75 Cr settled loans. Its latest AGM occurred on 04 August 2025, with the balance sheet filed on 31 March 2025. It is based at # 67/1, Kanakapura Main Road Basavanagudi, Bangalore, Karnataka, 560004.

Company Details

CIN/LLPIN
U85110KA1991PLC011960
Registration Number
011960
Incorporation Date
10 May 1991
Authorized Capital
₹100.00 Cr
Paid-Up Capital
₹20.00 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 100.00 Cr as on 06-01-2026
Paid Up Capital ₹ 20.00 Cr as on 06-01-2026
Company Age 34 Year, 9 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 4.50 Cr as on 06-01-2026
Satisfied Charges ₹ 38.75 Cr as on 06-01-2026
Revenue Growth **** -9.38% (FY 2024)
Profit Growth **** -46.11% (FY 2024)
Ebitda **** 1.71% (FY 2024)
Net Worth 2.14% (FY 2024)
Total Assets **** 16.43% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Canbank Factors Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Canbank Factors Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sreepathy Subbarao	Nominee Director	02 Jul 2022	Current
Ravi Chatterjee	Director	21 Sep 2022	Current
Rajib Kumar Sahoo	Managing Director	01 Feb 2021	Current
Gyana Ranjan Sarangi	Nominee Director	17 Jan 2022	Current
Hardeep Singh Ahluwalia	Nominee Director	11 Oct 2023	Current
Basant Seth	Director	08 Oct 2020	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	01 Jul 2023	Past
Pramod Abcsdd	Managing Director	01 Aug 2012	Past
Pramod Abcsdd	Director	01 Oct 2014	Past
Pramod Abcsdd	Director	23 Apr 2013	Past
Pramod Abcsdd	Managing Director	26 Dec 2013	Past
Pramod Abcsdd	Director	01 Jul 2008	Past

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Financial Performance of Canbank Factors.

Canbank Factors Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 9.38% decrease. The company also saw a substantial fall in profitability, with a 46.11% decrease in profit. The company's net worth moved up by a moderate rise of 2.14%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

-9.38%

*******

Revenue from Operations

*******

-9.38%

*******

Total Assets

*******

16.43%

*******

Profit or Loss

*******

-46.11%

*******

Net Worth

*******

2.14%

*******

EBITDA

*******

1.71%

*******

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What is the Ownership and Shareholding Structure of Canbank Factors?

In 2024, Canbank Factors had a promoter holding of 80.00% and a public holding of 20.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹45,000,000.00

Satisfied Charges

₹387,500,000.00

Charges Breakdown by Lending Institutions

Canara Bank : 4.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
18 Sep 1995	Canara Bank	₹4.50 Cr	Open
18 Sep 1995	Canara Bank	₹15.75 Cr	Satisfied
02 Jan 1995	Canara Bank	₹10.00 Cr	Satisfied
29 Mar 1994	Corporation Bank	₹5.50 Cr	Satisfied
03 Jul 1992	Canara Bank	₹7.50 Cr	Satisfied

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How Many Employees Work at Canbank Factors?

Canbank Factors has a workforce of 37 employees as of Oct 14, 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.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Canbank Factors, 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 Canbank Factors's trajectory.

Rating

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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.

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Latest Updates, News, and FAQs on Canbank Factors

Recent Activity within the Organization

Charges

A charge with Canara Bank of Rs. 4.50 Cr registered on 18 Sep 1995 with Charge ID 90195278 was modified on 15 Sep 2025. was recorded as a recent event.
15 Sep 2025
Annual General Meeting

Progress on Canbank Factors Limited last Annual general meeting of members was held on 04 Aug 2025 as per latest MCA records. was documented.
04 Aug 2025
Balance Sheet

Progress on Canbank Factors Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.
31 Mar 2025
Director Appointment

Pallam Ravi Varma was appointed as a Additional Director was appointed as a Additional Director on 03 Jan 2025 & has been associated with this company since 1 year 1 month . was recorded as a recent event.
03 Jan 2025
Director Appointment

The activity Hardeep Singh Ahluwalia was appointed as a Nominee Director was appointed as a Nominee Director on 11 Oct 2023 & has been associated with this company since 2 years 4 months . was completed.
11 Oct 2023
Director Appointment

Progress on Deva Arul Victor Helen Joy was appointed as a Company Secretary was appointed as a Company Secretary on 15 Sep 2023 & has been associated with this company since 2 years 5 months . was documented.
15 Sep 2023

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