Candid Builders Private Limited
About Candid Builders Private Limited
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Candid Builders Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45200WB2006PTC111913. Its GSTIN is 29AACCC9683L1ZW (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Aditya Sadani and Ashwin Sancheti.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 7 Chittaranjan Avenue 3rd. Floor, Kolkata, West Bengal, India – 700072.
As per the financials filed for FY 2025, the company reported a revenue of ₹26,929, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹6.22 Lakh and EBITDA of -₹28,430 (EBITDA margin -105.6%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years.
Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Candid Builders Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address7 Chittaranjan Avenue 3rd. Floor, Kolkata, West Bengal, India – 700072
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Candid Builders 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
Business activity
The main business activity of Candid Builders is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Candid Builders Private Limited
FY 2025 filings availableCandid Builders Private Limited reported revenue of ₹26,929 (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 26%. EBITDA rose 37% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹28,430 | ||||
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| Net Profit (PAT) | -₹6.22 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -105.6% | ||||
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To see the full financial statements and ratios of Candid Builders Private Limited, buy the company report.
Board of directors of Candid Builders Private Limited
Candid Builders has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Sadani Also directs: Coremind Software and Services Private Limited, Salarpuria Simplex Buildcon LLP, Wood Square Mall LLP and 5 more | Director | 20 Jan 2021 | 5 Years 9 Months | Current |
| Ashwin Sancheti | Director | 30 Mar 2015 | 11 Years 6 Months | Current |
Auditor
Candid Builders Private Limited is audited by H B & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H B & ASSOCIATES | FY 2022 | 322716E |
Shareholding
The shareholding of Candid Builders Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Candid Builders Private Limited, buy the company report.
Legal cases
Candid Builders Private Limited has 6 court cases on record: 5 filed by Candid Builders, 1 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Solapur, Maharashtra | Civil suit | Filed by the company against Ms Trans Asia Global Trade Partner Syed Muqtadar E and 13 others | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.A.P.) | Filed against the company by an individual | Disposed |
| District court, BENGALURU RURAL, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| High Court, KARNATAKA | Court case (MFA) | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (AA) | Filed by the company against an individual | Disposed |
To see the full case history of Candid Builders 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 Candid Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Candid Builders has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCC9683L1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Candid Builders Private Limited, buy the company report.
Recent activity
Candid Builders Private Limited has 10 board changes on record since 2012: 2 appointments and 8 cessations. The latest: Aditya Sadani ceased to be Additional Director on 30 Nov 2021.
1 earlier event is in the company report.
Frequently asked questions
Candid Builders is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 November 2006 (20+ years old) and is registered under CIN U45200WB2006PTC111913.
Candid Builders has 2 current directors:
- Aditya Sadani - Director
- Ashwin Sancheti - Director
The latest financial statements of Candid Builders on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Candid Builders is 29AACCC9683L1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Candid Builders is U45200WB2006PTC111913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Candid Builders has 6 court cases on record: 5 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Candid Builders was incorporated on 23 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
Aditya Sadani ceased to be Additional Director on 30 Nov 2021. Aditya Sadani was appointed as Director on 20 Jan 2021. Amod Kumar Jha ceased to be Director on 20 Jan 2021. Candid Builders has 10 board changes on record in total.
The registered office of Candid Builders is at 7 Chittaranjan Avenue 3rd. Floor, Kolkata, West Bengal, India – 700072.
Candid Builders operates in the real estate and construction industry, in the real estate builders and developers segment.