About Candid Guard Services Private Limited
Data last updated:
Candid Guard Services Private Limited is a private limited company based in Raipur, Chhattisgarh, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the security and surveillance segment of the business services sector. It was incorporated on 24 October 2007.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U74920CT2007PTC020429. Its GSTIN is 22AADCC2806J1Z2 (Chhattisgarh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Pravin Singh and Shalini Singh.
Its last annual general meeting (AGM) was held on 05 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at E – 2/55 Sector – 7 Imlidih Road New Rajendra Nagar, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.55 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹2.71 Cr (net margin -59.6%) and EBITDA of -₹2.38 Cr (EBITDA margin -52.2%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 9% over five years.
The company has about 93 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Candid Guard Services. As per MCA filings, the company has open charges of ₹1.72 Cr on record. Court records list 23 cases involving the company, including 5 filed by the company and 17 filed against it; 3 cases are pending.
The last known website on record is candidsecurity.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressE – 2/55 Sector – 7 Imlidih Road New Rajendra Nagar, Raipur, Chhattisgarh, India – 492001
- IndustryBusiness Services, Security & Surveillance
- 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 Candid Guard Services Private Limited
The main business activity of Candid Guard Services is support service to organizations. In detail, this covers security and investigation activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N4 | Security and investigation 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 Candid Guard Services Private Limited FY 2024 filings available
Candid Guard Services Private Limited reported revenue of ₹4.55 Cr (down 37% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Candid Guard Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 37% fall in the latest year. EBITDA fell 488% 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 Candid Guard Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹2.38 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.71 Cr | •••• | •••• | •••• | •••• |
| 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 Candid Guard Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -52.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -59.6% | •••• | •••• | •••• | •••• |
| 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 Candid Guard Services 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 Candid Guard Services Private Limited
Candid Guard Services Private Limited is compared with the companies closest to it by revenue in the Business Services industry (Security Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tiger Security and Maintenance Private Limited | ₹4.58 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Topgun Corporate Services Private Limited | ₹4.58 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Pune, Maharashtra, India |
| Arch Innovations Private Limited | ₹4.58 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Bangalore, Karnataka, India |
| Carewell Security Services Pvt Ltd | ₹4.57 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Indore, Madhya Pradesh, India |
| Major Corporate Services (India) Limited | ₹4.57 Cr (FY 2016) | •••• | •••• | 61.0% | •••• | Coimbatore, Tamil Nadu, India |
| Candid Guard Services Private Limited this company | ₹4.55 Cr (FY 2024) | •••• | •••• | -37.0% | •••• | Raipur, Chhattisgarh, India |
| Trana Facility Management Services Private Limited | ₹4.55 Cr (FY 2024) | •••• | •••• | 77.0% | •••• | Kochi, Kerala, India |
| Youth Force Security Services (India) Private Limited | ₹4.54 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Nagpur, Maharashtra, India |
| Mazoori Security Services Private Limited | ₹4.52 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Saviour Intelligent Guard Force Private Limited | ₹4.52 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Kalyan, Maharashtra, India |
| Mauli Security Force Services Private Limited | ₹4.51 Cr (FY 2024) | •••• | •••• | 63.0% | •••• | Pandharpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Candid Guard Services by revenue in the Business Services industry (Security Services), 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 Candid Guard Services Private Limited
Candid Guard Services Private Limited is audited by VINOD KUMAR GUPTA & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VINOD KUMAR GUPTA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Candid Guard Services Private Limited
Candid Guard Services 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 |
|---|---|---|---|---|
| Pravin Singh Also directs: Defai Tech Private Limited, Swamy Radhe Krishna Academy | Director | 30 Apr 2018 | 8 Years 5 Months | As last reported |
| Shalini Singh Also directs: Swamy Radhe Krishna Academy | Director | 06 May 2024 | 2 Years 5 Months | As last reported |
Ownership and Shareholding of Candid Guard Services 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 Candid Guard Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Nov 2020 | Others | ₹17.56 Lakh | Open |
| 14 Jul 2020 | Others | ₹8.4 Lakh | Open |
| 08 Jul 2020 | Others | ₹50.4 Lakh | Open |
| 31 Aug 2019 | Others | ₹20.7 Lakh | Open |
| 09 Nov 2017 | Others | ₹75 Lakh | Open |
Total charge records: 5 View all charges
Legal Cases of Candid Guard Services Private Limited
Candid Guard Services Private Limited has 23 court cases on record: 5 filed by Candid Guard Services, 17 filed against it, 1 where it is another party. 3 cases are pending and 20 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 17 | 3 |
| High courts | 6 | 0 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Limited | Pending |
| District court, Raipur, Chhattisgarh | Court case (COMPLAINT CASES) | Filed against the company by Cholamandalam Investment and Finance Company Limited | Pending |
| District court, Raipur, Chhattisgarh | Execution petition | Filed against the company by Steel Authority of India Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Limited | Disposed |
| District court, Ranchi, Jharkhand | Criminal complaint | Filed against the company by State of Jharkhand | Pending |
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.
Associated Brands with Candid Guard Services Private Limited
Candid Guard Services operates one associated brand: Candid Guard Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive commercial security services for businesses. | candidsecurity.co.in |
Employees and EPFO Compliance at Candid Guard Services Private Limited
Candid Guard Services Private Limited has a workforce of 93 employees as of Apr 06, 2024.
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 Candid Guard Services Private Limited
Candid Guard Services Private Limited has 10 board changes on record since 2011: 2 appointments and 8 cessations. The latest: Shalini Singh was appointed as Director on 06 May 2024.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Candid Guard Services 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 Candid Guard Services 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 Candid Guard Services 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 Candid Guard Services Private Limited
Candid Guard Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AADCC2806J1Z2 | Chhattisgarh | Active | 01 Jul 2017 |
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 Candid Guard Services 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 Candid Guard Services Private Limited
Candid Guard Services is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Candid Guard Services is a company under insolvency, formerly operating as a private limited company based in Raipur, Chhattisgarh, India. The company works in security and surveillance, within the business services industry. It was incorporated on 24 October 2007 and is registered under CIN U74920CT2007PTC020429. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Candid Guard Services reported revenue of ₹4.55 Cr for FY 2024 (down 37% YoY).
Candid Guard Services has 2 current directors:
- Pravin Singh - Director
- Shalini Singh - Director
Candid Guard Services reported a net loss of ₹2.71 Cr (net margin -59.6%) and EBITDA of -₹2.38 Cr (EBITDA margin -52.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Candid Guard Services is -15% over three years and -9% over five years. In the latest year (FY 2024) revenue fell 37%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Candid Guard Services is U74920CT2007PTC020429. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Candid Guard Services has open charges of ₹1.72 Cr and no satisfied charges on record as per latest MCA filings.
Candid Guard Services has 23 court cases on record: 5 filed by the company and 17 filed against it. 3 are pending. Most are in the district courts.
Candid Guard Services was incorporated on 24 October 2007. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Candid Guard Services by revenue are Tiger Security and Maintenance Private Limited, Topgun Corporate Services Private Limited, Arch Innovations Private Limited, Carewell Security Services Pvt Ltd, Major Corporate Services (India) Limited and 5 more, all in the Business Services industry (Security Services).