About Canara Securities Limited
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Canara Securities Limited was a public limited company based in Hyderabad, Telangana, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial brokerage segment of the financial services sector. It was incorporated on 23 June 1995.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U67120TG1995PLC020807. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.01 Cr. It was led by directors including Ramlal Maheshwari and Ashok Kumar Inani.
Its last annual general meeting (AGM) was held on 30 June 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 610 B – Block Raghava Ratnatowers Chirag Ali Lane Abids, Hyderabad, Telangana, India – 500001.
As per the financials filed for FY 2018, the company reported a revenue of ₹30.05 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹10.33 Lakh (net margin -34.4%) and EBITDA of -₹14.81 Lakh (EBITDA margin -49.3%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years.
Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it.
The last known website on record is cilsecurities.com.
Company details
CIN history
Canara Securities has one previous CIN (Corporate Identification Number): U67120AP1995PLC020807. The current CIN is U67120TG1995PLC020807, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120TG1995PLC020807 | Current |
| U67120AP1995PLC020807 | Previous |
Contact details
Canara Securities Limited's registered office is in Hyderabad, Telangana. Its website is cilsecurities.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address610 B – Block Raghava Ratnatowers Chirag Ali Lane Abids, Hyderabad, Telangana, India – 500001
- IndustryFinancial Services, Financial Brokerage, Advisory, Consultancy
To see the full contact details of Canara Securities 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 Canara Securities is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Canara Securities Limited, buy the company report.
Financials of Canara Securities Limited
FY 2018 filings availableCanara Securities Limited reported revenue of ₹30.05 Lakh (down 65% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over three years, including a 65% fall in the latest year. EBITDA fell 119% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
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| Other Income | ||||
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| Cost of Materials Consumed | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | -₹14.81 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹10.33 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -49.3% | |||
| Net Profit Margin | -34.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Canara Securities Limited, buy the company report.
Board of directors of Canara Securities Limited
Canara Securities has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramlal Maheshwari | Director | 22 Sep 2007 | 19 Years 1 Months | As last reported |
| Ashok Kumar Inani | Director | 10 Mar 2004 | 22 Years 7 Months | As last reported |
| Purshotam Tawari | Director | 18 Oct 2016 | 10 Years 0 Months | As last reported |
Peer comparison
Canara Securities Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Emperor Consultancy Private Limited | ₹30.13 Lakh (FY 2025) | 41.0% | Liluah, West Bengal, India | |||
| Varad Broking Private Limited | ₹30.12 Lakh (FY 2025) | 60.0% | Gandhinagar, Gujarat, India | |||
| Pnys Securities (India) Private Limited | ₹30.1 Lakh (FY 2024) | 22.0% | Thrissur, Kerala, India | |||
| Cerasia Technico Private Limited | ₹30.09 Lakh (FY 2018) | 24.0% | Faridabad, Haryana, India | |||
| Silver Star Market Makers Private Limited | ₹30.05 Lakh (FY 2025) | 14.0% | Indore, Madhya Pradesh, India | |||
| Canara Securities Limitedthis company | ₹30.05 Lakh (FY 2018) | -₹10.33 Lakh | -34.4% | -65.0% | Hyderabad, Telangana, India | |
| Otcei Securities Limited | ₹30.03 Lakh (FY 2017) | -3.0% | Mumbai, Maharashtra, India | |||
| Atherstone Capital Markets Limited | ₹30 Lakh (FY 2024) | Mumbai, Maharashtra, India | ||||
| Accurate Finserv Private Limited | ₹30 Lakh (FY 2024) | 11900.0% | Pune, Maharashtra, India | |||
| Ramashree Commodities Private Limited | ₹29.98 Lakh (FY 2024) | -84.0% | Gurgaon, Haryana, India | |||
| Sonvarsa Corporate Private Limited | ₹29.9 Lakh (FY 2025) | 143.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Canara Securities Limited, buy the company report.
Auditor
Canara Securities Limited is audited by RAMKISHORE JHAWAR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMKISHORE JHAWAR & ASSOCIATES | FY 2017 | 003016S |
Shareholding
The shareholding of Canara Securities Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Canara Securities Limited, buy the company report.
Legal cases
Canara Securities Limited has 6 court cases on record: 2 filed by Canara Securities, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Court case (RCA SCJ) | Filed against the company by Ms. Vinitec Enterprises Pvt. Ltd. | Disposed |
| High Court for State of Telangana | Court case (ITTA) | Filed by the company against Dy. Commissioner of Income Tax | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against an individual | Disposed |
| High Court, TELANGANA | Revision petition | Filed against the company by an individual | Disposed |
| District court, West, Delhi | Civil suit | Filed against the company by Vintec Enterprises | Disposed |
To see the full case history of Canara Securities 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Canara Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Canara Securities has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Canara Securities Limited, buy the company report.
Recent activity
Canara Securities Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Purshotam Tawari ceased to be Additional Director on 07 Aug 2017.
Frequently asked questions
Canara Securities has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Canara Securities was a public limited company based in Hyderabad, Telangana, India. The company worked in financial brokerage, within the financial services industry. It was incorporated on 23 June 1995 and is registered under CIN U67120TG1995PLC020807. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Canara Securities was incorporated on 23 June 1995. It is registered with the Registrar of Companies, Hyderabad.
Canara Securities had 3 directors:
- Ramlal Maheshwari - Director
- Ashok Kumar Inani - Director
- Purshotam Tawari - Director
The CIN (Corporate Identification Number) of Canara Securities is U67120TG1995PLC020807. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Canara Securities is at 610 B – Block Raghava Ratnatowers Chirag Ali Lane Abids, Hyderabad, Telangana, India – 500001.
Canara Securities can be reached through the website cilsecurities.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Canara Securities on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 June 2018. Year-wise statements from 2015 are in the company report.
No. Canara Securities has 1 GST registration on record and it is cancelled or inactive.
Canara Securities operated in the financial services industry, in the financial brokerage segment.
The peers of Canara Securities by revenue are Emperor Consultancy Private Limited, Varad Broking Private Limited, Pnys Securities (India) Private Limited, Cerasia Technico Private Limited, Silver Star Market Makers Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).