Citi Square Properties Limited
About Citi Square Properties Limited
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Citi Square Properties Limited was a public limited company based in Ahmedabad, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the construction sector. It was incorporated on 07 May 2003.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2003PLC042353. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Mahefuj Mahamadhanif Sarania and Jayesh Damodar Shah.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Block No.14 Sarayaflats B/Hmithkhali Six Road Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2017, the company reported a revenue of ₹11,000, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹1.36 Lakh and EBITDA of -₹1.36 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 68% over three years.
Company details
Contact details
Citi Square Properties Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressBlock No.14 Sarayaflats B/Hmithkhali Six Road Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryConstruction, Construction, Complete Constructions, Civil Engineering, Alteration, Repair & Maintenance
To see the full contact details of Citi Square Properties 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
Financials of Citi Square Properties Limited
FY 2017 filings availableCiti Square Properties Limited reported revenue of ₹11,000 (down 94% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over three years, including a 94% fall in the latest year. EBITDA fell 454% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹11,000 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.36 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.36 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Citi Square Properties Limited, buy the company report.
Board of directors of Citi Square Properties Limited
Citi Square Properties has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahefuj Mahamadhanif Sarania | Additional Director | 23 Feb 2019 | 7 Years 8 Months | As last reported |
| Jayesh Damodar Shah | Additional Director | 23 Feb 2019 | 7 Years 8 Months | As last reported |
| Devang Laljibhai Vegda Also directs: Timbor Furnitech Private Limited, Red Carpet Fashions (India) Limited, Viva Style and Fashion (India) Limited and 3 more | Additional Director | 23 Feb 2019 | 7 Years 8 Months | As last reported |
Auditor
Citi Square Properties Limited is audited by SUBHASHCHANDRAKANHAIYALALMANDAVAT for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUBHASHCHANDRAKANHAIYALALMANDAVAT | FY 2017 | 102708 |
Shareholding
The shareholding of Citi Square Properties Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Citi Square Properties Limited, buy the company report.
Legal cases
No court or tribunal cases involving Citi Square Properties 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 Citi Square Properties Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Citi Square Properties has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Citi Square Properties Limited, buy the company report.
Recent activity
Citi Square Properties Limited has 8 board changes on record since 2019: 3 appointments and 5 cessations. The latest: Devang Laljibhai Vegda was appointed as Additional Director on 23 Feb 2019.
Frequently asked questions
Citi Square Properties has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Citi Square Properties was a public limited company based in Ahmedabad, Gujarat, India. The company worked in the construction industry. It was incorporated on 07 May 2003 and is registered under CIN U45201GJ2003PLC042353. The company has been struck off by the Registrar of Companies and is no longer operational.
Citi Square Properties had 3 directors:
- Mahefuj Mahamadhanif Sarania - Additional Director
- Jayesh Damodar Shah - Additional Director
- Devang Laljibhai Vegda - Additional Director
The CIN (Corporate Identification Number) of Citi Square Properties is U45201GJ2003PLC042353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Citi Square Properties is at Block No.14 Sarayaflats BHmithkhali Six Road Navrangpura, Ahmedabad, Gujarat, India – 380009.
Citi Square Properties was incorporated on 07 May 2003. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Citi Square Properties on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Citi Square Properties has 1 GST registration on record and it is cancelled or inactive.
Citi Square Properties operated in the construction industry. It worked in this industry before it was struck off.
Devang Laljibhai Vegda was appointed as Additional Director on 23 Feb 2019. Jayesh Damodar Shah was appointed as Additional Director on 23 Feb 2019. Mahefuj Mahamadhanif Sarania was appointed as Additional Director on 23 Feb 2019. Citi Square Properties has 8 board changes on record in total.