- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-01-0016398

Citigrade Finance Limited
About Citigrade Finance Limited
Data last updated:
Citigrade Finance Limited is a public limited company based in New Delhi, Delhi, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 26 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PLC061745.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹42.59 Lakh. It is led by directors including Navnneet Singh Khandpura and Kanwaljit Ishar Singh.
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 8 A/6 Hotel Singh Contmentelw E A Karol Bagh, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.17 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹97,883 (net margin 3.5%) and EBITDA of ₹6.67 Lakh (EBITDA margin 23.7%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 22% over five years.
Court records list 1 case involving the company, including 1 filed against it.
Citigrade Finance Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0016398). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Citigrade Finance
Contact details
Citigrade Finance Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address8 A/6 Hotel Singh Contmentelw E A Karol Bagh, New Delhi, Delhi, India – 110005
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Citigrade Finance 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 Citigrade Finance is accommodation and food service activities. In detail, this covers accommodation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 55 | Accommodation |
To see the full business activity and turnover split of Citigrade Finance Limited, buy the company report.
Financials of Citigrade Finance Limited
FY 2025 filings availableCitigrade Finance Limited reported revenue of ₹28.17 Lakh (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 42% fall in the latest year. EBITDA fell 39% 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 | ₹6.67 Lakh | ||||
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| Net Profit (PAT) | ₹97,883 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 23.7% | ||||
| Net Profit Margin | 3.5% | ||||
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To see the full financial statements and ratios of Citigrade Finance Limited, buy the company report.
Board of directors of Citigrade Finance Limited
Citigrade Finance has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navnneet Singh Khandpura Also directs: NMK Lime Private Limited, HMK Lime Private Limited | Director | 21 May 2016 | 10 Years 5 Months | Current |
| Kanwaljit Ishar Singh Also directs: DKS Tyres Private Limited | Director | 20 May 1997 | 29 Years 5 Months | Current |
| Narender Kaur | Director | 28 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Citigrade Finance Limited is audited by MULTI ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MULTI ASSOCIATES | FY 2019 | 509955C |
Shareholding
The shareholding of Citigrade Finance Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Citigrade Finance Limited, buy the company report.
Legal cases
Citigrade Finance Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by HDFC Bank Ltd | Disposed |
To see the full case history of Citigrade Finance Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Citigrade Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Citigrade Finance Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Citigrade Finance Limited has 10 board changes on record since 1997: 3 appointments and 7 cessations. The latest: Daljeet Kanwaljit Singh ceased to be Director on 29 Mar 2025.
1 earlier event is in the company report.
Frequently asked questions
Citigrade Finance is an active public limited company based in New Delhi, Delhi, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 26 September 1994 (32+ years old) and is registered under CIN U74899DL1994PLC061745.
Citigrade Finance has 3 current directors:
- Navnneet Singh Khandpura - Director
- Kanwaljit Ishar Singh - Director
- Narender Kaur - Director
The latest financial statements of Citigrade Finance 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Citigrade Finance is U74899DL1994PLC061745. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citigrade Finance has 1 court case on record: 1 filed against it.
Citigrade Finance was incorporated on 26 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
Daljeet Kanwaljit Singh ceased to be Director on 29 Mar 2025. Narender Kaur was appointed as Director on 28 Mar 2025. Devender Kaur ceased to be Director on 21 May 2016. Citigrade Finance has 10 board changes on record in total.
Yes, Citigrade Finance is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-01-0016398).
The registered office of Citigrade Finance is at 8 A6 Hotel Singh Contmentelw E A Karol Bagh, New Delhi, Delhi, India – 110005.
Citigrade Finance operates in the travel and hospitality industry, in the hotel and accommodation services segment.

