Candid Industries Limited
About Candid Industries Limited
Data last updated: 10 February 2026
Candid Industries Limited is a public limited company based in Hyderabad, Telangana, India. It specialises in metals retail and distribution, a part of the broader metals and mining sector. Incorporated on 19 August 1991, the company has been in operation for over 35 years.
Registered with ROC Hyderabad under CIN U18100TG1991PLC013088.
Capital: an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹5.51 Cr. Formerly known as Futuretech Industries Limited. and Futuretech Industries Limited. It is led by directors including Shri Anil Biswas and Vasunandan Reddy Akepati.
Last AGM: 30 September 2019. Financial statements filed for year ended 31 March 2019. Office: Plot No.1 Survey No.308Venkateswara Cooperative Indus Trial Estate Jeedimetla, Hyderabad, Telangana, India – 500855.
As per the financials filed for FY 2019, the company reported a revenue of ₹200.9 Cr, a decline of 75% compared to the previous year.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹360.43 Cr and satisfied charges of ₹29.8 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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Registered AddressPlot No.1 Survey No.308Venkateswara Cooperative Indus Trial Estate Jeedimetla, Hyderabad, Telangana, India – 500855
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IndustryMetals and Minerals, Metal Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Candid Industries Limited
Candid Industries Limited has undergone 3 name changes throughout its history. The company was previously known as Futuretech Industries Limited., Futuretech Industries Limited, and Explair Electricals Private Limited. The current legal name is Candid Industries Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Candid Industries Limited | Current |
| Futuretech Industries Limited. | Previous |
| Futuretech Industries Limited | Previous |
| Explair Electricals Private Limited | Previous |
CIN History of Candid Industries Limited
Candid Industries Limited has one previous CIN (Corporate Identification Number): U18100AP1991PLC013088. The current CIN is U18100TG1991PLC013088, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18100TG1991PLC013088 | Current |
| U18100AP1991PLC013088 | Previous |
Business Activity of Candid Industries Limited
Candid Industries Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Candid Industries Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Candid Industries Limited
Candid Industries Limited is audited by GANTI VENKATESWARA SURYANARAYANA MURTHI for the financial year 2019. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GANTI VENKATESWARA SURYANARAYANA MURTHI | Locked | Locked | Locked |
Complete auditor history for Candid Industries Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Candid Industries Limited
Candid Industries Limited is currently managed by 3 directors, with 16 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shri Anil Biswas | Additional Director | 16 Nov 2021 | 4 Years 8 Months | Current |
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Vasunandan Reddy Akepati
Also directs:
Venkatadri Securities And Trading Private Limited
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Additional Director | 23 May 2025 | 1 Years 1 Months | Current |
|
Yousuf Ansari Syed
Also directs:
Pradhan Agri-Infra Services Private Limited, Pyramid Corporation Limited, Affluence Engineering And Enterprises Limited and 5 more
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Additional Director | 28 Nov 2025 | 0 Years 7 Months | Current |
Financials of Candid Industries Limited FY 2019 filings available
Candid Industries Limited reported revenue of ₹200.9 Cr (down 75.00% YoY) for FY 2019.
Ten-year financial statements for Candid Industries Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Candid Industries Limited
Shareholding and ownership data for Candid Industries Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Group Structure of Candid Industries Limited
Candid Industries Limited has 1 subsidiary company. This group structure data is as of FY 2019. The corporate group structure reflects Candid Industries Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Srichakra Merchandising Private Limited | U29305TN1999PTC042452 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Candid Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Oct 2011 | Central Bank of India | ₹300 Cr | Open |
| 28 Jul 2011 | Andhra Bank | ₹60 Cr | Open |
| 05 May 1992 | State Bank of Hyderabad | ₹30 Lakh | Open |
| 08 Jan 1992 | Bank of Baroda | ₹13.32 Lakh | Open |
| 22 Nov 2010 | Oriental Bank of Commerce | ₹10 Cr | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Candid Industries Limited
View historical data on people associated with Candid Industries Limited, including employment history and EPFO contributions.
Employee and EPFO history for Candid Industries Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Candid Industries Limited
GST registrations and filing compliance for Candid Industries Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Candid Industries Limited
Credit ratings, litigation, and regulatory alerts for Candid Industries Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Candid Industries Limited
MSME payment history for Candid Industries Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Candid Industries Limited
Corporate group structure for Candid Industries Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Candid Industries Limited
MCA filings and documents for Candid Industries Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Candid Industries Limited
Frequently Asked Questions about Candid Industries Limited
Candid Industries Limited is an active public limited company in the metals and minerals sector based in Hyderabad, Telangana, India. It was incorporated on 19 August 1991 (35+ years old) and is registered under CIN U18100TG1991PLC013088.
Candid Industries Limited reported revenue of ₹200.9 Cr for FY 2019 (down 75.00% YoY).
The current directors of Candid Industries Limited are:
- Shri Anil Biswas - Additional Director
- Vasunandan Reddy Akepati - Additional Director
- Yousuf Ansari Syed - Additional Director
The primary industry of Candid Industries Limited is metals and minerals. The company specifically operates in metal retail and distribution. The company is currently active in this sector.
Candid Industries Limited can be reached at the registered office: Plot No.1 Survey No.308Venkateswara Cooperative Indus Trial Estate Jeedimetla, Hyderabad, Telangana, India – 500855.
The authorised capital is ₹6.5 Cr, and the paid-up capital is ₹5.51 Cr.