Citinetwork Logistic Private Limited

Provides domestic and international courier services for documents, packages, and commercial consignments.

2012 | Thane, Maharashtra (India) | Active
Last Updated: December 22, 2024

Citinetwork Logistic Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.90 M
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.13 Cr
  • Satisfied Charges ₹ 4.25 Cr
  • Revenue Growth 68.07%
  • Profit Growth -27.01%
  • Ebitda -10.98%
  • Net Worth 23.30%
  • Total Assets 9.52%

About Citinetwork Logistic

Citinetwork Logistic Private Limited (CLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 February 2012 and has a history of 12 years and 11 months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Transport And Logistics Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.90 M.

The company currently has active open charges totaling ₹3.13 Cr. The company has closed loans amounting to ₹4.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Prasad Ramchandra and Chetna Prasad serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63090MH2012PTC226635

  • Company No.

    226635

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Feb 2012

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

Who are the key members and board of directors at Citinetwork Logistic?

Board Members (2)

Name Designation Appointment Date Status
Prasad Ramchandra Country flag representing In Director 09-Feb-2012 Current
Chetna Prasad Country flag representing In Director 09-Feb-2012 Current

Financial Performance of Citinetwork Logistic.

Citinetwork Logistic Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 68.07% increase. The company also saw a substantial fall in profitability, with a 27.01% decrease in profit. The company's net worth Soared by an impressive increase of 23.3%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
68.07%
Revenue from Operations
67.81%
Total Assets
9.52%
Profit or Loss
-27.01%
Net Worth
23.30%
EBITDA
-10.98%

What is the Ownership and Shareholding Structure of Citinetwork Logistic?

In 2020, Citinetwork Logistic 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 Indicator graph

Charges (Loans)

Open Charges

₹31.33 M

Satisfied Charges

₹42.50 M

Charges Breakdown by Lending Institutions

  • Others : 2.86 Cr
  • Bank Of India : 0.27 Cr

Latest Charge Details

Date Lender Amount Status
14 Aug 2024 Bank Of India ₹2.70 M Open
22 Apr 2013 Others ₹2.86 Cr Open
14 Jan 2016 Axis Bank Limited ₹3.25 Cr Satisfied
19 Nov 2014 Housing Development Finance Corporation Limited ₹1.00 Cr Satisfied

How Many Employees Work at Citinetwork Logistic?

Citinetwork Logistic has a workforce of 36 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Citinetwork Logistic, 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 Citinetwork Logistic'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.

Latest Updates, News, and FAQs on Citinetwork Logistic

Recent activity within the organization

  • Charges

    A charge with Bank Of India amounted to Rs. 2.70 M with Charge ID 100969567 was registered on 14 Aug 2024.

    14 Aug 2024

  • Annual General Meeting

    Citinetwork Logistic Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Citinetwork Logistic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 28.63 M registered on 22 Apr 2013 with Charge ID 10420469 was modified on 30 Sep 2020.

    30 Sep 2020

  • Charges

    A charge registered on 19 Nov 2014 via Charge ID 10536030 with Housing Development Finance Corporation Limited was fully satisfied on 11 Dec 2019.

    11 Dec 2019

  • Charges

    A charge registered on 14 Jan 2016 via Charge ID 10623527 with Axis Bank Limited was fully satisfied on 04 Feb 2017.

    04 Feb 2017

Frequently asked questions

  • Citinetwork Logistic Private Limited was incorporated on 09 Feb 2012.

  • The authorized share capital of Citinetwork Logistic Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.90 M.

  • Currently 2 directors are associated with Citinetwork Logistic Private Limited.

    • Prasad Jadhav Ramchandra
    • Chetna Jadhav Prasad
  • As per Ministry of Corporate Affairs (Mca), the registered address of Citinetwork Logistic Private Limited is 201 Shree Swamy Krupa Dhobli Ali, Charai India, Thane, Maharashtra, 400601.

  • The corporate identification number (CIN) of Citinetwork Logistic Private Limited is U63090MH2012PTC226635 and the company number is 226635 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Citinetwork Logistic Private Limited is https://www.citinetwork.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Citinetwork Logistic Private Limited has risen by 68.07%.

  • As Per 2022 financial reports, 36 employees are currently employed by Citinetwork Logistic Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Citinetwork Logistic Private Limited has experienced an upsurge of 23.30%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Citinetwork Logistic Private Limited amount to ₹ 3.13 Cr.

  • The most recent Balance Sheet for Citinetwork Logistic Private Limited was filed with the ROC on 31 Mar 2023.