Candid Labs Private Limited - Company Profile

It is a energy private limited company based in Chandigarh, Chandigarh, India, established in 2009.
2009 Chandigarh, Chandigarh, India Amalgamated
Last Updated:
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About Candid Labs Private Limited

Candid Labs Private Limited, a amalgamated private limited company, was established on 02 December 2009 in Chandigarh, Chandigarh, India. Engaging in electric power generation within the electricity, gas, steam and air condition supply sector, it holds CIN: U24233CH2009PTC031902. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Formerly known as Avenue Energy Ventures Private Limited, Kirat Transporters Private Limited. It upholds a compliant status. Its leadership includes Satya Dev Samwal (Director), Ankit Dhawan (Director). Past directors included Ankit Dhawan, Jagdeep Sharma. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at Sco - 815, Top Floor, Cabin No. - 8, Shivalik Enclave, Nac, Manimajra,, Chandigarh, Chandigarh, 160101.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24233CH2009PTC031902

  • Registration Number

    031902

  • Incorporation Date

    02 December 2009

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 2 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth **** -26.28%
  • Profit Growth **** -0.40%
  • Ebitda **** 8.04%
  • Net Worth -102.39%
  • Total Assets -95.50%
Company report

Candid Labs Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Candid Labs Private 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 Candid Labs Private Limited?
Current Directors
Name Designation Appointment Date Status
Satya Dev Samwal Director 02 Dec 2009 Current
Ankit Dhawan Director 23 Jan 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Director 25 Jun 2019 Past

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Financial Performance of Candid Labs.

Candid Labs Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 26.28% decrease. The company also saw a slight decrease in profitability, with a 0.4% decrease in profit. The company's net worth observed a substantial decline by a decrease of 102.39%.

Candid Labs revenue growth over time
Candid Labs profit and loss trends over time
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
  • 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
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 -26.28%
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Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -95.50%
*******
*******
*******
*******
Profit or Loss
*******
 -0.40%
*******
*******
*******
*******
Net Worth
*******
 -102.39%
*******
*******
*******
*******
EBITDA
*******
 8.04%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Candid Labs?

In 2017, Candid Labs had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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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How Many Employees Work at Candid Labs?

Unlock and access historical data on people associated with Candid Labs, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Candid Labs, 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 Candid Labs's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
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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 Candid Labs
Recent Activity within the Organization
  • Annual General Meeting

    Candid Labs Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Candid Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chandigarh. was documented.

  • Director Appointment

    The activity Ankit Dhawan was appointed as a Director was appointed as a Director on 23 Jan 2019 & has been associated with this company since 7 years 20 days . was completed.

  • Director Appointment

    Satya Dev Samwal was appointed as a Director was appointed as a Director on 02 Dec 2009 & has been associated with this company since 16 years 2 months . was recorded as a recent event.

  • Company Incorporation

    Candid Labs Private Limited was registered on 02 Dec 2009 with Roc Chandigarh & aged 16 years 2 months as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Candid Labs Private Limited?

The CIN of Candid Labs Private Limited is U24233CH2009PTC031902.

Where is Candid Labs Private Limited headquartered?

Candid Labs Private Limited is headquartered at Sco - 815, Top Floor, Cabin No. - 8, Shivalik Enclave, Nac, Manimajra,, Chandigarh, Chandigarh, 160101.

When was Candid Labs Private Limited incorporated?

Candid Labs Private Limited was incorporated on 02 December 2009.

Who are the current directors of Candid Labs Private Limited?

The current directors of Candid Labs Private Limited are

What is the primary industry of Candid Labs Private Limited?

The primary industry of Candid Labs Private Limited is Electricity, Gas, Steam And Air Condition Supply.

Is Candid Labs Private Limited a listed company?

Candid Labs Private Limited is unlisted.

What is the capital structure of Candid Labs Private Limited?

The authorized capital of Candid Labs Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Candid Labs Private Limited?

The compliance status of Candid Labs Private Limited is Compliant.

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