Episode 52, aired 31 Mar 2024

Canvaloop Fibre

Agri-Waste to Fibres & Yarns

Did the deal close?

Nothing on record yetStill trading

We looked and found nothing either way. Indian filings can take 12 to 18 months to show up. This is not a sign that the deal fell through.

Trading: Still trading · Statutory filing in the last 24 months (thecompanycheck.com, 11 Sept 2026)

What we found: Worth a second look at MCA: the Rs 2.1 Cr charge of 2025-08-18 is close in size to the Rs 2 Cr on-air deal. But that deal was pure equity and would not register a charge, and the nominee director already on the board, Priya Radhika Rajesh Shah, dates from 2021-12-04, well before air. No post-air director. Confidence: medium.

Sources

Checked

11 Sept 2026

History

Know what happened? Email corrections@afterpitch.club with a link and we log it within a week.

Asked for: ₹ 1 Crore for 1.33% Equity
Deal as aired: ₹ 2 Crore for 4 % Equity
Sharks in the deal: Aman Gupta Namita Thapar Anupam Mittal Azhar Iqubal Radhika Gupta
Sharks on the panel: Aman Gupta, Namita Thapar, Anupam Mittal, Azhar Iqubal, Radhika Gupta
On-air amount: ₹2 crore

Legal entity: Canvaloop Fibre Private Limited
CIN: U17299GJ2020PTC112242
Registry status: Active
Incorporated: 23 Jan 2020
Paid-up capital: ₹29.35 lakh
Last AGM: 30 Sept 2025
Directors added after the air date: none
Charges: INR 2.1 Cr open, registered 2025-08-18, holder Others; INR 99 lakh, Axis Bank Limited, registered 2022-10-13, satisfied
Source: thecompanycheck.com

Every source we opened for this company, with the date we saw it.

Date	Kind	Source	What it shows
11 Sept 2026	registry	thecompanycheck.com	Search resolves Canvaloop Fibre Private Limited, CIN U17299GJ2020PTC112242, Surat Gujarat, Active, website canvaloop.com.
11 Sept 2026	registry	thecompanycheck.com	Active, incorporated 2020-01-23, ROC Ahmedabad, authorised Rs 39 lakh, paid-up Rs 29.35 lakh, AGM 2025-09-30, balance sheet 2025-03-31. Directors Dhruv Gupta, Nandini Sarraf and Shreyans Manojkumar Kokra (all 2021-07-17) plus Priya Radhika Rajesh Shah, Nominee Director, from 2021-12-04, all pre-air. Charges: Rs 2.1 Cr open registered 2025-08-18 holder Others (id 101140560); Rs 99 lakh Axis Bank registered 2022-10-13, satisfied.

Operating-status evidence tier 2: Statutory filing in the last 24 months.

Also in episode 52