Citadel Textiles Private Limited
About Citadel Textiles Private Limited
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Citadel Textiles Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Goverdhan Vincom Private Limited. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 07 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17100GJ2011PTC093761. Its GSTIN is 24AAHCM3273H1ZI (Gujarat).
The company has an authorised share capital of ₹43 Lakh and a paid-up capital of ₹43 Lakh. It was formerly known as Massive Tradelink Private Limited. It is led by directors Misaal Asit Parikh and Tejal Haresbhai Patel.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.41 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹10.77 Lakh (net margin 0.4%) and EBITDA of ₹72.73 Lakh (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Citadel Textiles has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17100GJ2011PTC093761, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17100GJ2011PTC093761 | Current |
| U70109GJ2011PTC093761 | Previous |
| U70109WB2011PTC164601 | Previous |
Contact details
Citadel Textiles Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 20 D.K. Wear House Piplej Pirana Road, Saijpur Gopalpur Village, Ahmedabad, Gujarat, India – 382405
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Citadel Textiles Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Citadel Textiles is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Citadel Textiles Private Limited, buy the company report.
Financials of Citadel Textiles Private Limited
FY 2025 filings availableCitadel Textiles Private Limited reported revenue of ₹28.41 Cr (down 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 37% fall in the latest year. EBITDA rose 58% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹72.73 Lakh | ||||
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| Net Profit (PAT) | ₹10.77 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Citadel Textiles Private Limited, buy the company report.
Board of directors of Citadel Textiles Private Limited
Citadel Textiles has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Misaal Asit Parikh Also directs: M N Monofilaments LLP, Flaxen Textiles Private Limited | Director | 21 Jun 2016 | 10 Years 4 Months | Current |
| Tejal Haresbhai Patel Also directs: Flaxen Textiles Private Limited, T. H. Textiles Private Limited | Director | 16 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Citadel Textiles Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution, Textiles), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Whizle Tradex Private Limited | ₹28.48 Cr (FY 2019) | 61.0% | New Delhi, Delhi, India | |||
| Citadel Textiles Private Limitedthis company | ₹28.41 Cr (FY 2025) | ₹10.77 Lakh | 0.4% | -37.0% | Ahmedabad, Gujarat, India | |
| Starlight Industries Limited | ₹28.38 Cr (FY 2018) | 12.0% | Bhilwara, Rajasthan, India | |||
| Utsav India Corporation Private Limited | ₹28.38 Cr (FY 2025) | 46.0% | Jodhpur, Rajasthan, India |
To see the full peer comparison of Citadel Textiles Private Limited, buy the company report.
Auditor
Citadel Textiles Private Limited is audited by CHINMOYGHATAK for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHINMOYGHATAK | FY 2017 | 003591 |
Shareholding
The shareholding of Citadel Textiles Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Citadel Textiles Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Citadel Textiles Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Citadel Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Citadel Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCM3273H1ZI | Gujarat | Active | 30 Nov 2018 |
To see the full GST registrations and return filing status of Citadel Textiles Private Limited, buy the company report.
Recent activity
Citadel Textiles Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Tejal Haresbhai Patel ceased to be Additional Director on 19 Sep 2025.
Frequently asked questions
Citadel Textiles is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 07 July 2011 (15+ years old) and is registered under CIN U17100GJ2011PTC093761.
Citadel Textiles has 2 current directors:
- Misaal Asit Parikh - Director
- Tejal Haresbhai Patel - Director
The latest financial statements of Citadel Textiles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Citadel Textiles is 24AAHCM3273H1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Citadel Textiles is U17100GJ2011PTC093761. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citadel Textiles was incorporated on 07 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Citadel Textiles by revenue are Whizle Tradex Private Limited, Starlight Industries Limited, Utsav India Corporation Private Limited, all in the Consumer Products industry (Textile Retail and Distribution, Textiles), with the same principal business activity (wholesale trading).
Tejal Haresbhai Patel ceased to be Additional Director on 19 Sep 2025. Anchal Tulsyan ceased to be Director on 16 Oct 2024. Tejal Haresbhai Patel was appointed as Director on 16 Oct 2024. Citadel Textiles has 6 board changes on record in total.
The registered office of Citadel Textiles is at B – 20 D.K. Wear House Piplej Pirana Road, Saijpur Gopalpur Village, Ahmedabad, Gujarat, India – 382405.
Citadel Textiles operates in the home and lifestyle industry, in the textile retail and distribution segment.
The compliance status of Citadel Textiles is compliant as of 18 August 2026. The company is actively filing with the Registrar of Companies.