Citizen Yarns Limited

Produces and trades a variety of yarns, including natural and synthetic fibers.

1990 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 09, 2024

Citizen Yarns Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.15 Cr
  • Company Age 34 Year, 9 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 4.99 Cr
  • Revenue Growth %
  • Profit Growth 55.13%
  • Ebitda 55.13%
  • Net Worth -12.41%
  • Total Assets -3.86%

About Citizen Yarns

Citizen Yarns Limited (CYL) is a Public Limited Indian Non-Government Company incorporated in India on 03 May 1990 and has a history of 34 years and nine months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.15 Cr.

The company currently has active open charges totaling ₹4.99 Cr.

Hariprasad Khetan, Rajubhai Desai, and Sangitaben Limbachiya serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17119GJ1990PLC013708

  • Company No.

    013708

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 May 1990

  • Date of AGM

    30 Aug 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Board Members (3)

Name Designation Appointment Date Status
Hariprasad Khetan Country flag representing In Director 05-Jan-2006 Current
Rajubhai Desai Country flag representing In Director 25-Jan-2001 Current
Sangitaben Limbachiya Country flag representing In Director 31-Mar-2015 Current

Financial Performance of Citizen Yarns.

Citizen Yarns Limited, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 55.13% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.41%.

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
Revenue from Operations
Total Assets
-3.86%
Profit or Loss
55.13%
Net Worth
-12.41%
EBITDA
55.13%

What is the Ownership and Shareholding Structure of Citizen Yarns?

In 2018, Citizen Yarns had a public 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

₹4.99 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 1.99 Cr
  • Gujrat Industrial Investment Corporation Ltd : 1.42 Cr
  • Gujrat Industrial Investment Corporation Limited : 0.96 Cr
  • Gujrat State Financial Corporation : 0.48 Cr
  • Gujrat Industrial Investment Coporation Ltd. : 0.14 Cr

Latest Charge Details

Date Lender Amount Status
24 Apr 1996 Bank Of India ₹1.25 Cr Open
05 Jan 1993 Gujrat Industrial Investment Corporation Ltd ₹1.42 Cr Open
28 Aug 1992 Bank Of India ₹4.90 M Open
16 Oct 1991 Gujrat Industrial Investment Coporation Ltd. ₹1.40 M Open
21 Aug 1991 Bank Of India ₹2.50 M Open

How Many Employees Work at Citizen Yarns?

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

Recent activity within the organization

  • Annual General Meeting

    Citizen Yarns Limited last Annual general meeting of members was held on 30 Aug 2019 as per latest MCA records.

    30 Aug 2019

  • Balance Sheet

    Citizen Yarns Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Ahmedabad.

    31 Mar 2019

  • Director Appointment

    Sangitaben Mukeshbhai Limbachiya was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 9 years 10 months .

    31 Mar 2015

  • Director Appointment

    Hariprasad Govindram Khetan was appointed as a Director was appointed as a Director on 05 Jan 2006 & has been associated with this company since 19 years 28 days .

    05 Jan 2006

  • Director Appointment

    Rajubhai Bababhai Desai was appointed as a Director was appointed as a Director on 25 Jan 2001 & has been associated with this company since 24 years 7 days .

    25 Jan 2001

  • Charges

    A charge with Bank Of India amounted to Rs. 1.25 Cr with Charge ID 90100467 was registered on 24 Apr 1996.

    24 Apr 1996

Frequently asked questions

  • Citizen Yarns Limited was incorporated on 03 May 1990.

  • The authorized share capital of Citizen Yarns Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.15 Cr.

  • Currently 3 directors are associated with Citizen Yarns Limited.

    • Hariprasad Govindram Khetan
    • Rajubhai Bababhai Desai
    • Sangitaben Mukeshbhai Limbachiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Citizen Yarns Limited is Ul-10 Ankur Complex B/H. Town Hall Opp. X-Ray House Ellisbridge, India, Ahmedabad, Gujarat, 380006.

  • The corporate identification number (CIN) of Citizen Yarns Limited is L17119GJ1990PLC013708 and the company number is 013708 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2019 indicates that The net worth of Citizen Yarns Limited has experienced an downturn of -12.41%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Citizen Yarns Limited amount to ₹ 4.99 Cr.

  • The most recent Balance Sheet for Citizen Yarns Limited was filed with the ROC on 31 Mar 2019.

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