Citizen Industries Private Limited

Manufacturer and seller of HVAC equipment for various industries, with two plants in India.

1995 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Citizen Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.18 M
  • Company Age 29 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 29.05 Cr
  • Satisfied Charges ₹ 28.32 Cr
  • Revenue Growth 44.27%
  • Profit Growth 69.14%
  • Ebitda 81.99%
  • Net Worth 11.85%
  • Total Assets -4.20%

About Citizen Industries

Citizen Industries Private Limited (CIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 August 1995 and has a history of 29 years and six months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Citizen Industries Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 7.18 M.

The company currently has active open charges totaling ₹29.05 Cr. The company has closed loans amounting to ₹28.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Citizen Industries Private Limited India is Lingaraj Pattnaik as CFO. Kanwal Jawa, Lingaraj Pattnaik, and Kapil Bhatia serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    citizenindustries.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29190GJ1995PTC027009

  • Company No.

    027009

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Aug 1995

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Citizen Industries Private Limited offer?

Citizen Industries Private Limited offers a wide range of products and services, including Laboratory & Lab Equipment, Laboratory Furniture, Electric Fittings & Components, Cooling Coils, AHU, Double Skin Air Handling Unit, Hospital Furniture, Medical and Doctor Stool, Office Chairs, Revolving Chair.

Who are the key members and board of directors at Citizen Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Kapil Bhatia Country flag representing In Managing Director24-Jan-2024Current
Lingaraj Pattnaik CFO30-Mar-2021Current

Board Members (2)

NameDesignationAppointment DateStatus
Lingaraj Pattnaik Country flag representing In Director 03-Feb-2021Current
Kanwal Jawa Country flag representing In Director 03-Feb-2021Current

Financial Performance of Citizen Industries.

Citizen Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.27% increase. The company also saw a substantial improvement in profitability, with a 69.14% increase in profit. The company's net worth Soared by an impressive increase of 11.85%.

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
44.27%
Revenue from Operations
44.36%
Total Assets
-4.20%
Profit or Loss
69.14%
Net Worth
11.85%
EBITDA
81.99%

What is the Ownership and Shareholding Structure of Citizen Industries?

In 2023, Citizen Industries 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

₹29.05 Cr

Satisfied Charges

₹28.32 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 29.05 Cr

Latest Charge Details

DateLenderAmountStatus
30 May 2015Axis Bank Limited₹5.00 CrOpen
30 Mar 2015Axis Bank Limited₹24.05 CrOpen
10 Nov 2017Others₹1.59 MSatisfied
28 Dec 2010State Bank Of India₹9.93 CrSatisfied
28 Dec 2010State Bank Of India₹9.93 CrSatisfied

How Many Employees Work at Citizen Industries?

Unlock and access historical data on people associated with Citizen Industries, 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 Citizen Industries, 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 Citizen Industries'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 Citizen Industries

Recent activity within the organization

  • Annual General Meeting

    Citizen Industries Private Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

    24 Sep 2024

  • Balance Sheet

    Citizen Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Kapil Bhatia was appointed as a Managing Director was appointed as a Managing Director on 24 Jan 2024 & has been associated with this company since 1 year 28 days .

    24 Jan 2024

  • Director Appointment

    Lingaraj Pattnaik was appointed as a Cfo was appointed as a Cfo on 30 Mar 2021 & has been associated with this company since 3 years 10 months .

    30 Mar 2021

  • Director Appointment

    Kanwal Jeet Jawa was appointed as a Director was appointed as a Director on 03 Feb 2021 & has been associated with this company since 4 years 17 days .

    03 Feb 2021

  • Director Appointment

    Lingaraj Pattnaik was appointed as a Director was appointed as a Director on 03 Feb 2021 & has been associated with this company since 4 years 17 days .

    03 Feb 2021

Frequently asked questions

  • Citizen Industries Private Limited was incorporated on 07 Aug 1995.

  • The authorized share capital of Citizen Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.18 M.

  • Currently 4 directors are associated with Citizen Industries Private Limited.

    • Kanwal Jeet Jawa
    • Lingaraj Pattnaik
    • Kapil Bhatia
    • Lingaraj Pattnaik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Citizen Industries Private Limited is 1002 1003 10Th Floor A-Wing Commerce House-5 Besides Vodafone House Corporate Road, Pr Ahladnagar India, Ahmedabad, Gujarat, 380051.

  • The corporate identification number (CIN) of Citizen Industries Private Limited is U29190GJ1995PTC027009 and the company number is 027009 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Citizen Industries Private Limited is https://www.citizenindustries.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Citizen Industries Private Limited has risen by 44.27%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Citizen Industries Private Limited has experienced an upsurge of 11.85%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Citizen Industries Private Limited amount to ₹ 29.05 Cr.

  • The most recent Balance Sheet for Citizen Industries Private Limited was filed with the ROC on 31 Mar 2024.

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