Citistar Tieup Private Limited
About Citistar Tieup Private Limited
Data last updated:
Citistar Tieup Private Limited was a private limited company based in Kolkata, West Bengal, 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 textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 03 July 2010.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51101WB2010PTC150989.
The company had an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It was led by directors Prayag Yadav and Pankaj Kanodia.
Its last annual general meeting (AGM) was held on 09 July 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 44/2 Ashutosh Mukherjee Road Budge – Budge, Kolkata, West Bengal, India – 700137.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.7 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net profit of ₹7,914 (net margin 1.7%) and EBITDA of ₹10,658 (EBITDA margin 2.3%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Company details
Contact details
Citistar Tieup Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address44/2 Ashutosh Mukherjee Road Budge – Budge, Kolkata, West Bengal, India – 700137
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Citistar Tieup 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 Citistar Tieup 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 Citistar Tieup Private Limited, buy the company report.
Financials of Citistar Tieup Private Limited
FY 2018 filings availableCitistar Tieup Private Limited reported revenue of ₹4.7 Lakh (down 68% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over three years, including a 68% fall in the latest year. EBITDA rose 170% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹4.7 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹10,658 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹7,914 | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.3% | |||
| Net Profit Margin | 1.7% | |||
| 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 Citistar Tieup Private Limited, buy the company report.
Board of directors of Citistar Tieup Private Limited
Citistar Tieup has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Kanodia | Additional Director | 30 Mar 2019 | 7 Years 6 Months | As last reported |
| Prayag Yadav Also directs: Zigma Steels Private Limited, Shree Ganesh Stock Advisory Private Limited, Saffron Vinimay Private Limited and 3 more | Director | 29 Jun 2017 | 9 Years 3 Months | As last reported |
Peer comparison
Citistar Tieup Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| Sandeep Synthetics Private Limited | ₹4.73 Lakh (FY 2023) | -19.0% | Bhilwara, Rajasthan, India | |||
| Alfa Zenith Exports Limited | ₹4.71 Lakh (FY 2025) | 32.0% | Tamil Nadu, India | |||
| Citistar Tieup Private Limitedthis company | ₹4.7 Lakh (FY 2018) | ₹7,914 | 1.7% | -68.0% | Kolkata, West Bengal, India | |
| Aaditi Creative India Private Limited | ₹4.68 Lakh (FY 2020) | 10.0% | Navi Mumbai, Maharashtra, India | |||
| Sangkai Exports Private Limited | ₹4.65 Lakh (FY 2024) | 14.0% | Karur, Tamil Nadu, India | |||
| Woolco Spintex Private Limited | ₹4.64 Lakh (FY 2018) | -99.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Citistar Tieup Private Limited, buy the company report.
Shareholding
The shareholding of Citistar Tieup Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Citistar Tieup Private Limited, buy the company report.
Legal cases
Citistar Tieup Private Limited has 2 court cases on record: 1 filed by Citistar Tieup, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Vikash Smelters and Alloys Ltd. | Pending |
| High Court | Company petition | Filed against the company by In the Matter of : Vikash Smelters and Alloys Ltd-And- | Disposed |
To see the full case history of Citistar Tieup Private 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 Citistar Tieup Private 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 Citistar Tieup Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Citistar Tieup Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Bikash Kumar Jaiswal ceased to be Director on 30 Mar 2019.
Frequently asked questions
Citistar Tieup 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.
Citistar Tieup was a private limited company based in Kolkata, West Bengal, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 03 July 2010 and is registered under CIN U51101WB2010PTC150989. The company has been struck off by the Registrar of Companies and is no longer operational.
Citistar Tieup had 2 directors:
- Pankaj Kanodia - Additional Director
- Prayag Yadav - Director
The CIN (Corporate Identification Number) of Citistar Tieup is U51101WB2010PTC150989. 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 Citistar Tieup is at 442 Ashutosh Mukherjee Road Budge – Budge, Kolkata, West Bengal, India – 700137.
Citistar Tieup was incorporated on 03 July 2010. It is registered with the Registrar of Companies, Kolkata.
The latest financial statements of Citistar Tieup on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 09 July 2018. Year-wise statements from 2015 are in the company report.
Citistar Tieup operated in the home and lifestyle industry, in the textile retail and distribution segment. It worked in this industry before it was struck off.
The peers of Citistar Tieup by revenue are Sandeep Synthetics Private Limited, Alfa Zenith Exports Limited, Aaditi Creative India Private Limited, Sangkai Exports Private Limited, Woolco Spintex Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Citistar Tieup has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Bikash Kumar Jaiswal ceased to be Director on 30 Mar 2019. Pankaj Kanodia was appointed as Additional Director on 30 Mar 2019. Prayag Yadav ceased to be Additional Director on 09 Jul 2018. Citistar Tieup has 7 board changes on record in total.