Candid Power Systems Private Limited - Company Profile

It is a environment private limited company based in Chennai, Tamil Nadu, India, established in 2009.
2009 Chennai, Tamil Nadu, India Active
Last Updated:
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About Candid Power Systems Private Limited

Candid Power Systems Private Limited, a active private limited company, was established on 15 September 2009 in Chennai, Tamil Nadu, India. Engaging in wind energy solutions within the electricity, gas, steam and air condition supply sector, it holds CIN: U40109TN2009PTC072918. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.19 M.

It upholds a compliant status. Its leadership includes Gayathri Baskaran (Director), Nandakumar Baskaran (Director). Past directors included Purushothaman Vempalli, Rangaswamy Shanmugam, Rathanavelu Selvaraju. It holds ₹6.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No.4285 U 86 Anna Nagar, Chennai, Tamil Nadu, 600040.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U40109TN2009PTC072918

  • Registration Number

    072918

  • Incorporation Date

    15 September 2009

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.19 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.19 M
  • Company Age 16 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 6.00 Cr
  • Revenue Growth **** -1.94%
  • Profit Growth **** -17.62%
  • Ebitda **** -20.82%
  • Net Worth 134.34%
  • Total Assets **** 47.18%
Company report

Candid Power Systems Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Candid Power Systems 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 Power Systems Private Limited?
Current Directors
Name Designation Appointment Date Status
Gayathri Baskaran Director 15 Sep 2009 Current
Nandakumar Baskaran Director 19 Nov 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 08 Oct 2013 Past
Pramod Abcsdd Director 18 Jan 2010 Past
Pramod Abcsdd Additional Director 08 Oct 2013 Past
Pramod Abcsdd Additional Director 08 Oct 2013 Past

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Financial Performance of Candid Power Systems.

Candid Power Systems Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 1.94% decrease. The company also saw a substantial fall in profitability, with a 17.62% decrease in profit. The company's net worth Soared by an impressive increase of 134.34%.

Candid Power Systems revenue growth over time
Candid Power Systems 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
********
 -1.94%
*******
*******
*******
*******
Revenue from Operations
*******
 -4.32%
*******
*******
*******
*******
Total Assets
*******
 47.18%
*******
*******
*******
*******
Profit or Loss
*******
 -17.62%
*******
*******
*******
*******
Net Worth
*******
 134.34%
*******
*******
*******
*******
EBITDA
*******
 -20.82%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Candid Power Systems?

In 2020, Candid Power Systems 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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Charges (Loans)
Open Charges

₹60,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • State Bank Of Travancore : 6.00 Cr
Latest Charge Details
Date Lender Amount Status
14 Nov 2009 State Bank Of Travancore ₹6.00 Cr Open

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How Many Employees Work at Candid Power Systems?

Unlock and access historical data on people associated with Candid Power Systems, 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 Power Systems, 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 Power Systems'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
Alert Indicator

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 Power Systems
Recent Activity within the Organization
  • Annual General Meeting

    The activity Candid Power Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Candid Power Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was documented.

  • Director Appointment

    Nandakumar Baskaran was appointed as a Director was appointed as a Director on 19 Nov 2013 & has been associated with this company since 12 years 3 months . was recorded as a recent event.

  • Charges

    Progress on A charge with State Bank Of Travancore amounted to Rs. 60.00 M with Charge ID 10188540 was registered on 14 Nov 2009. was documented.

  • Director Appointment

    The activity Gayathri Baskaran was appointed as a Director was appointed as a Director on 15 Sep 2009 & has been associated with this company since 16 years 5 months . was completed.

  • Company Incorporation

    Candid Power Systems Private Limited was registered on 15 Sep 2009 with Roc Chennai & aged 16 years 5 months as per MCA records. was recorded as a recent event.

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

The CIN of Candid Power Systems Private Limited is U40109TN2009PTC072918.

Where is Candid Power Systems Private Limited headquartered?

Candid Power Systems Private Limited is headquartered at Plot No.4285 U 86 Anna Nagar, Chennai, Tamil Nadu, 600040.

When was Candid Power Systems Private Limited incorporated?

Candid Power Systems Private Limited was incorporated on 15 September 2009.

Who are the current directors of Candid Power Systems Private Limited?

The current directors of Candid Power Systems Private Limited are

What is the primary industry of Candid Power Systems Private Limited?

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

Is Candid Power Systems Private Limited a listed company?

Candid Power Systems Private Limited is unlisted.

What is the capital structure of Candid Power Systems Private Limited?

The authorized capital of Candid Power Systems Private Limited is ₹1.00 M, and the paid-up capital is ₹0.19 M.

What is the compliance status of Candid Power Systems Private Limited?

The compliance status of Candid Power Systems Private Limited is Compliant.

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