Citistar Developers Pvt Ltd

Real estate company providing investment, trading, and development services for land and buildings.

1990 | Kolkata, West Bengal (India) | Active
Last Updated: January 21, 2025

Citistar Developers Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 35 Year, 30 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 Cr
  • Satisfied Charges ₹ 6.22 Cr
  • Revenue Growth -17.63%
  • Profit Growth 98.21%
  • Ebitda -241.75%
  • Net Worth -0.47%
  • Total Assets 26.18%

About Citistar Developers

Citistar Developers Pvt Ltd (CDPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 January 1990 and has a history of 35 years. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Citistar Developers Limited. The Company is engaged in the Financial Services 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹6.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harsh Rungta and Nidhi Rungta serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70109WB1990PTC048168

  • Company No.

    048168

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jan 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Citistar Developers?

Executive Team (1)

Name Designation Appointment Date Status
Harsh Rungta Country flag representing In Managing Director 08-Oct-1991 Current

Board Members (1)

Name Designation Appointment Date Status
Nidhi Rungta Country flag representing In Whole-Time Director 10-Aug-2007 Current

Financial Performance of Citistar Developers.

Citistar Developers Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.63% decrease. The company also saw a substantial improvement in profitability, with a 98.21% increase in profit. The company's net worth dipped by a decrease of 0.47%.

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
-17.63%
Revenue from Operations
-61.27%
Total Assets
26.18%
Profit or Loss
98.21%
Net Worth
-0.47%
EBITDA
-241.75%

What is the Ownership and Shareholding Structure of Citistar Developers?

In 2023, Citistar Developers had a public holding of 9.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.00 M

Satisfied Charges

₹62.20 M

Charges Breakdown by Lending Institutions

  • Others : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
25 Jan 2023 Others ₹2.00 Cr Open
24 Jul 2020 Standard Chartered Bank ₹2.29 M Satisfied
24 Jul 2020 Standard Chartered Bank ₹1.76 M Satisfied
31 Jul 2017 Standard Chartered Bank ₹5.10 Cr Satisfied
03 Dec 2011 Ing Vysya Bank Limited ₹7.16 M Satisfied

How Many Employees Work at Citistar Developers?

Unlock and access historical data on people associated with Citistar Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Citistar Developers, 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 Citistar Developers'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 Citistar Developers

Recent activity within the organization

  • Annual General Meeting

    Citistar Developers Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Citistar Developers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge registered on 31 Jul 2017 via Charge ID 100117831 with Standard Chartered Bank was fully satisfied on 03 Mar 2023.

    03 Mar 2023

  • Charges

    A charge registered on 24 Jul 2020 via Charge ID 100369064 with Standard Chartered Bank was fully satisfied on 27 Feb 2023.

    27 Feb 2023

  • Charges

    A charge registered on 24 Jul 2020 via Charge ID 100371418 with Standard Chartered Bank was fully satisfied on 27 Feb 2023.

    27 Feb 2023

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 100691411 was registered on 25 Jan 2023.

    25 Jan 2023

Frequently asked questions

  • Citistar Developers Pvt Ltd was incorporated on 09 Jan 1990.

  • The authorized share capital of Citistar Developers Pvt Ltd is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Citistar Developers Pvt Ltd.

    • Harsh Vardhan Rungta
    • Nidhi Rungta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Citistar Developers Pvt Ltd is 120, Lenin Sarani 5Th Floor India, Kolkata, West Bengal, 700013.

  • The corporate identification number (CIN) of Citistar Developers Pvt Ltd is U70109WB1990PTC048168 and the company number is 048168 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Citistar Developers Pvt Ltd has fallen by -17.63%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Citistar Developers Pvt Ltd has experienced an downturn of -0.47%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Citistar Developers Pvt Ltd amount to ₹ 2.00 Cr.

  • The most recent Balance Sheet for Citistar Developers Pvt Ltd was filed with the ROC on 31 Mar 2023.

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