Candid Ventures Private Limited

Candid Ventures Private Limited - financial services in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U71290DL2018PTC331340 Incorporated 21 March 2018 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company financial services MSME · Small
Data last updated
Revenue · FY 2024
₹4.29 Cr
▲ 10% YoY
Net profit · FY 2024
₹8.02 Lakh
Net margin 1.9%
EBITDA · FY 2024
₹1.59 Cr
EBITDA margin 37%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹10.97 Cr
Satisfied ₹78.92 Lakh
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings

About Candid Ventures Private Limited

Data last updated:

Candid Ventures Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 21 March 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U71290DL2018PTC331340. Its GSTIN is 07AAHCC4788P1ZT (Delhi).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Naresh Garg and Rahul Garg.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No – 16 Dda Shopping Centre Lado Sarai New Delhi South Delhi, Delhi, India – 110030.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.29 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹8.02 Lakh (net margin 1.9%) and EBITDA of ₹1.59 Cr (EBITDA margin 37%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 52% over five years.

As per MCA filings, the company has open charges of ₹10.97 Cr and satisfied charges of ₹78.92 Lakh on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.

Candid Ventures Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0011935). For more details, the company can be reached via its website towercraneonhire.com.

Company Details of Candid Ventures Private Limited
CIN U71290DL2018PTC331340
Registration Number 331340
Incorporation Date 21 March 2018
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-DL-08-0011935
Key People
Naresh Garg Director Rahul Garg Director

Recognitions & Rankings of Candid Ventures

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-DL-08-0011935
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    towercraneonhire.com
  • Social Media
    Locked
  • Registered Address
    Shop No – 16 Dda Shopping Centre Lado Sarai New Delhi South Delhi, Delhi, India – 110030
  • Industry
    Financial Services, Equipment Leasing & Financing
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Financials, compliance, directors, charges, ownership and filings for Candid Ventures Private Limited in one report.

Financials from FY 2018 Directors & ownership Charges & compliance

Business Activity of Candid Ventures Private Limited

The main business activity of Candid Ventures is construction. In detail, this covers specialized construction activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
FConstruction43Specialized construction activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Candid Ventures Private Limited FY 2024 filings available

Candid Ventures Private Limited reported revenue of ₹4.29 Cr (up 10% YoY) for FY 2024.

Revenue · FY 2024
₹4.29 Cr ▲ 10%
Net profit · FY 2024
₹8.02 Lakh margin 1.9%
EBITDA · FY 2024
₹1.59 Cr margin 37%

Compounded Annual Growth Rate (CAGR) of Candid Ventures Private Limited

Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 39%
5 years · compounded
▲ 52%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 63%
5 years · compounded
▲ 70%

Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 10% growth in the latest year. EBITDA rose 20% 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 Ventures Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹1.59 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹8.02 Lakh••••••••••••••••
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 Ventures Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin37%••••••••••••••••
Net Profit Margin1.9%••••••••••••••••
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 Ventures are in the company report.

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Financial statements from FY 2018

Earlier years and trend charts are in the company report.

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Board of Directors of Candid Ventures Private Limited

Candid Ventures has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Naresh GargDirector21 Mar 20188 Years 6 MonthsCurrent
Rahul GargDirector21 Mar 20188 Years 6 MonthsCurrent
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Peer Comparison of Candid Ventures Private Limited

Candid Ventures Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Construction Services, Machinery and Equipment Leasing). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Trikala Industries India Private Limited₹4.3 Cr (FY 2025)••••••••-16.0%••••New Delhi, Delhi, India
Alampata Conbuild Private Limited₹4.3 Cr (FY 2025)••••••••278.0%••••Matigara, West Bengal, India
Eraser Facility Services Private Limited₹4.3 Cr (FY 2025)••••••••74.0%••••Bhubaneswar, Odisha, India
Troas Engineering Services Private Limited₹4.3 Cr (FY 2019)••••••••22.0%••••Hyderabad, Telangana, India
Tybas Projects Private Limited₹4.29 Cr (FY 2024)••••••••204.0%••••Bhubaneswar, Odisha, India
Candid Ventures Private Limited this company₹4.29 Cr (FY 2024)••••••••10.0%••••New Delhi, Delhi, India
Agraj Infrastructure Private Limited₹4.29 Cr (FY 2025)••••••••-2.0%••••Allahabad, Uttar Pradesh, India
Rangit Construction Private Limited₹4.29 Cr (FY 2024)••••••••-60.0%••••New Delhi, Delhi, India
Codratech Private Limited₹4.29 Cr (FY 2025)••••••••359.0%••••Navi Mumbai, Maharashtra, India
Harmukh Infrastracture Private Limited₹4.29 Cr (FY 2024)••••••••-5.0%••••Srinagar, Jammu and Kashmir, India
Stellar Developers Private Limited₹4.29 Cr (FY 2025)••••••••0.0%••••Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Candid Ventures by revenue in the BFSI industry (Construction Services, Machinery and Equipment Leasing), 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 Ventures Private Limited

Candid Ventures Private Limited is audited by PANJRATH KAPOOR & CO. for the financial year 2023.

NameStatusAppointment DateCessation Date
PANJRATH KAPOOR & CO.LockedLockedLocked
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Ownership and Shareholding of Candid Ventures Private Limited

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Charges & Borrowings of Candid Ventures Private Limited

Open charges
₹10.97 Cr
Satisfied charges
₹78.92 Lakh
Breakdown by lending institutions
Hdfc Bank Limited₹6.87 Cr
Others₹3.79 Cr
Axis Bank Limited₹0.32 Cr
Latest charge details
DateLenderAmountStatus
28 Oct 2025Hdfc Bank Limited₹32.5 LakhOpen
28 Oct 2025Hdfc Bank Limited₹49.6 LakhOpen
14 Aug 2025Hdfc Bank Limited₹32.5 LakhOpen
23 Apr 2025Hdfc Bank Limited₹55.76 LakhOpen
19 Mar 2025Hdfc Bank Limited₹22.95 LakhOpen

Total charge records: 27 View all charges

Employees and EPFO Compliance at Candid Ventures Private Limited

Employment history and EPFO contributions of people linked to Candid Ventures.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Candid Ventures Private Limited

Candid Ventures Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Naresh Garg was appointed as Director on 21 Mar 2018.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 32.50 Lakh with Charge ID 101174690 was registered on 28 Oct 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 49.60 Lakh with Charge ID 101174688 was registered on 28 Oct 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 32.50 Lakh with Charge ID 101148537 was registered on 14 Aug 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 55.76 Lakh with Charge ID 101088348 was registered on 23 Apr 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 22.95 Lakh with Charge ID 101069458 was registered on 19 Mar 2025.
Charges
A charge registered on 31 May 2022 via Charge ID 100579132 with Others was fully satisfied on 18 Mar 2025.
Charges
A charge registered on 27 Sep 2018 via Charge ID 100247556 with Others was fully satisfied on 18 Mar 2025.
Charges
A charge with Others of Rs. 160.00 Lakh registered on 06 Dec 2022 with Charge ID 100655640 was modified on 30 Dec 2024.
AGM
Candid Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 65.99 Lakh with Charge ID 100991513 was registered on 31 Aug 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 31.67 Lakh with Charge ID 100916142 was registered on 01 May 2024.
Filing
Candid Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

24 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Candid Ventures Private Limited

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MSME Payment Delays by Candid Ventures Private Limited

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Subsidiaries & Group Companies of Candid Ventures Private Limited

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GST Compliance of Candid Ventures Private Limited

Candid Ventures has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
07AAHCC4788P1ZTDelhiActive07 May 2018
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MCA Filings & Documents of Candid Ventures Private Limited

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Frequently Asked Questions about Candid Ventures Private Limited

Candid Ventures is an active private limited company based in New Delhi, Delhi, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 21 March 2018 (8+ years old) and is registered under CIN U71290DL2018PTC331340.

Candid Ventures reported revenue of ₹4.29 Cr for FY 2024 (up 10% YoY).

Candid Ventures has 2 current directors:

Candid Ventures reported a net profit of ₹8.02 Lakh (net margin 1.9%) and EBITDA of ₹1.59 Cr (EBITDA margin 37%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Candid Ventures is 39% over three years and 52% over five years. In the latest year (FY 2024) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Candid Ventures is 07AAHCC4788P1ZT, registered in Delhi.

The CIN (Corporate Identification Number) of Candid Ventures is U71290DL2018PTC331340. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Candid Ventures has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the high courts.

Candid Ventures was incorporated on 21 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Candid Ventures by revenue are Trikala Industries India Private Limited, Alampata Conbuild Private Limited, Eraser Facility Services Private Limited, Troas Engineering Services Private Limited, Tybas Projects Private Limited and 5 more, all in the BFSI industry (Construction Services, Machinery and Equipment Leasing).

Naresh Garg was appointed as Director on 21 Mar 2018. Rahul Garg was appointed as Director on 21 Mar 2018.

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