About Carrycon India Limited
Data last updated:
Carrycon India Limited is a public limited company based in New Delhi, Delhi, 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 telecom infrastructure segment of the telecommunications sector. It was incorporated on 08 December 1995.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U60210DL1995PLC074490. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.44 Cr. It is led by directors including Sadhana Rao and Suman Kumar Verma (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at A – 128 Mohammadpur Bhikaji Cama Place, New Delhi, Delhi, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹37.72 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹14.67 Lakh (net margin -38.9%) and EBITDA of ₹1.77 Lakh (EBITDA margin 4.7%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 51% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.7 Cr and satisfied charges of ₹7.55 Cr on record. Court records list 20 cases involving the company, including 5 filed by the company and 15 filed against it; 2 cases are pending.
The last known website on record is carrycon.in.
Company details
CIN history
Carrycon India has one previous CIN (Corporate Identification Number): U60210DL1995PTC074490. The current CIN is U60210DL1995PLC074490, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U60210DL1995PLC074490 | Current |
| U60210DL1995PTC074490 | Previous |
Contact details
Carrycon India Limited's registered office is in New Delhi, Delhi. Its website is carrycon.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 128 Mohammadpur Bhikaji Cama Place, New Delhi, Delhi, India
- IndustryTelecom, Telecom Infrastructure
To see the full contact details of Carrycon India Limited, buy the company report.
- 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
Business activity
The main business activity of Carrycon India is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Carrycon India Limited, buy the company report.
Financials of Carrycon India Limited
FY 2023 filings availableCarrycon India Limited reported revenue of ₹37.72 Lakh (down 81% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 81% fall in the latest year. EBITDA rose 101% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹37.72 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.67 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | -38.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Carrycon India Limited, buy the company report.
Board of directors of Carrycon India Limited
Carrycon India has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sadhana Rao Also directs: Filter Coffee Associates LLP | Director | 08 Dec 1995 | 30 Years 10 Months | As last reported |
| Suman Kumar Verma Also directs: Universal Professional Services LLP, Sri KKK Growth Partners LLP, Dentax (India) Limited and 5 more | Irp/Rp/Liquidator | 14 Jun 2024 | 2 Years 4 Months | As last reported |
| Prakash Bhanu Also directs: Teleways India Private Limited | Director | 14 Dec 1997 | 28 Years 10 Months | As last reported |
| Gokul Das Rao Also directs: Teleways India Private Limited | Director | 08 Dec 1995 | 30 Years 10 Months | As last reported |
Auditor
Carrycon India Limited is audited by SANDEEP MALHOTRA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANDEEP MALHOTRA & CO. | FY 2023 | 085475 |
Shareholding
The shareholding of Carrycon India Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Carrycon India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2010 | 10207235 | State Bank of India | ₹10.5 Cr | Open | |
| 15 Apr 2008 | 10098336 | Abn Amro Bank Nv | ₹19.65 Lakh | Open | |
| 14 Dec 2007 | 10081532 | Vijaya Bank | ₹45.51 Lakh | Satisfied | |
| 26 Apr 2007 | 10055052 | Vijaya Bank | ₹5.48 Lakh | Satisfied | |
| 09 May 2006 | 10007866 | Vijaya Bank | ₹54 Lakh | Satisfied |
To see the full charge records of Carrycon India Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Carrycon India Limited has 20 court cases on record: 5 filed by Carrycon India, 15 filed against it. 2 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 12 | 2 |
| High courts | 5 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Execution petition | Filed against the company by M/S Cmi Limited | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by Mahanagar Telephone Nigam Limited Head Office at Khursheed Lal Bhawan, Janpath , District: New Delhi ,New Delhi , Delhi | Disposed |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by M/S Cmi Ltd | Disposed |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed against the company by Mahanagar Telephone Nigam Ltd | Disposed |
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed by the company against Mahanagar Telephone Nigam Limited | Disposed |
To see the full case history of Carrycon India Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Carrycon India Limited was last rated by Icra on 30 Jul 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Jul 2019 |
To see the full credit ratings and regulatory alerts of Carrycon India Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Carrycon India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Carrycon India Limited has a workforce of 15 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Carrycon India has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Carrycon India Limited, buy the company report.
Recent activity
Carrycon India Limited has 4 board changes on record since 1995: 4 appointments. The latest: Suman Kumar Verma was appointed as Irp/Rp/Liquidator on 14 Jun 2024.
10 earlier events are in the company report.
Frequently asked questions
Carrycon India 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.
Carrycon India is a company under insolvency, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in telecom infrastructure, within the telecom industry. It was incorporated on 08 December 1995 and is registered under CIN U60210DL1995PLC074490. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Carrycon India has 4 current directors:
- Sadhana Rao - Director
- Prakash Bhanu - Director
- Gokul Das Rao - Director
- Suman Kumar Verma - Irp/Rp/Liquidator
The latest financial statements of Carrycon India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Carrycon India is U60210DL1995PLC074490. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Carrycon India has open charges of ₹10.7 Cr and satisfied charges of ₹7.55 Cr as per latest MCA filings.
Carrycon India has 20 court cases on record: 5 filed by the company and 15 filed against it. 2 are pending. Most are in the district courts.
Carrycon India was incorporated on 08 December 1995. It is registered with the Registrar of Companies, Delhi.
Suman Kumar Verma was appointed as Irp/Rp/Liquidator on 14 Jun 2024. Prakash Bhanu was appointed as Director on 14 Dec 1997. Gokul Das Rao was appointed as Director on 08 Dec 1995. Carrycon India has 4 board changes on record in total.
Carrycon India can be reached through the website carrycon.in. Its registered office is in New Delhi, Delhi, India.