Citicycle India Private Limited
About Citicycle India Private Limited
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Citicycle India Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 03 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35999MH2018PTC312489. Its GSTIN is 27AAHCC6922B1ZW (Maharashtra).
The company has an authorised share capital of ₹1.15 Cr and a paid-up capital of ₹1.09 Cr. It was formerly known as Citibike Sharing Private Limited. It is led by directors including Shalu Vikas Khamesra and Madhvi Laddha.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹12,864, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹13.38 Lakh and EBITDA of -₹13.51 Lakh.
Company details
Contact details
Citicycle India Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFltno401 4 Floor B Wing Lodha Cassa Essenza, W E Highway Lodha Aqua Mahajan Wadi Mira Road (E), Thane, Maharashtra, India – 401107
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Citicycle India 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 Citicycle India 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 Citicycle India Private Limited, buy the company report.
Financials of Citicycle India Private Limited
FY 2025 filings availableCiticycle India Private Limited reported revenue of ₹12,864 (down 99% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 99% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹12,864 | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹13.51 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹13.38 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| 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 Citicycle India Private Limited, buy the company report.
Board of directors of Citicycle India Private Limited
Citicycle India has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyanka Jain | Additional Director | 29 Mar 2024 | 2 Years 7 Months | Current |
| Shalu Vikas Khamesra | Director | 04 Dec 2020 | 5 Years 11 Months | Current |
| Madhvi Laddha Also directs: Capstar Consulting Private Limited | Director | 25 Dec 2020 | 5 Years 10 Months | Current |
| Priyanka Nitin Sharma | Director | 25 Jun 2021 | 5 Years 4 Months | Current |
| Hiral Pankajkumar Shah Also directs: Metro Cycles Sharing Private Limited, Metro Cafe Private Limited | Director | 03 Aug 2018 | 8 Years 3 Months | Current |
Auditor
Citicycle India Private Limited is audited by V B ROONWAL & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V B ROONWAL & CO | FY 2022 | 108875W |
Shareholding
The shareholding of Citicycle India Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Citicycle India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Citicycle India 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 Citicycle India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Citicycle India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCC6922B1ZW | Maharashtra | Active | 11 Oct 2018 |
To see the full GST registrations and return filing status of Citicycle India Private Limited, buy the company report.
Recent activity
Citicycle India Private Limited has 14 board changes on record since 2018: 5 appointments and 9 cessations. The latest: Priyanka Jain was appointed as Additional Director on 29 Mar 2024.
5 earlier events are in the company report.
Frequently asked questions
Citicycle India is an active private limited company based in Thane, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 03 August 2018 (8+ years old) and is registered under CIN U35999MH2018PTC312489.
Citicycle India has 5 current directors:
- Priyanka Jain - Additional Director
- Shalu Vikas Khamesra - Director
- Madhvi Laddha - Director
- Priyanka Nitin Sharma - Director
- Hiral Pankajkumar Shah - Director
The latest financial statements of Citicycle India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Citicycle India is 27AAHCC6922B1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Citicycle India is U35999MH2018PTC312489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citicycle India was incorporated on 03 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Priyanka Jain was appointed as Additional Director on 29 Mar 2024. Madhvi Laddha ceased to be Additional Director on 19 Feb 2022. Manish Surana ceased to be Additional Director on 19 Feb 2022. Citicycle India has 14 board changes on record in total.
The registered office of Citicycle India is at Fltno401 4 Floor B Wing Lodha Cassa Essenza, W E Highway Lodha Aqua Mahajan Wadi Mira Road E, Thane, Maharashtra, India – 401107.
Citicycle India operates in the automotive industry, in the auto dealership and trading segment.
Yes. Citicycle India was formerly known as Citibike Sharing Private Limited.
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