About Citixsys Tech Solutions Private Limited
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Citixsys Tech Solutions Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Citixsys Limited, Ireland. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2011PTC212772. Its GSTIN is 07AAECC2806K1ZR (Delhi). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.38 Cr. It is led by directors Ajay Mamgain and Manish Chaturvedi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at S 18 V3S East Center, Lakshami Nagar, New Delhi, Delhi, India – 110092.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.87 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹4.6 Lakh (net margin 0.2%) and EBITDA of ₹42.13 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 14% over five years.
The company has about 95 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: iVend365, iVend Retail and CitiXsys. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website citixsys.com.
Company details
Contact details
Citixsys Tech Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is citixsys.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS 18 V3S East Center, Lakshami Nagar, New Delhi, Delhi, India – 110092
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Citixsys Tech Solutions 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
Brands
Citixsys Tech Solutions operates multiple associated brands including iVend365, iVend Retail, and CitiXsys. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based software for retail management, including POS and inventory systems. | ivend365.com | |
| Cloud-based retail management software is provided for offline stores. | ivend.com | |
| Retail management solutions including POS and inventory systems are provided. | citixsys.com |
Business activity
The main business activity of Citixsys Tech Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Citixsys Tech Solutions Private Limited, buy the company report.
Financials of Citixsys Tech Solutions Private Limited
FY 2024 filings availableCitixsys Tech Solutions Private Limited reported revenue of ₹19.87 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 1% growth in the latest year. EBITDA rose 37% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹42.13 Lakh | ||||
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| Net Profit (PAT) | ₹4.6 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Citixsys Tech Solutions Private Limited, buy the company report.
Board of directors of Citixsys Tech Solutions Private Limited
Citixsys Tech Solutions 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 |
|---|---|---|---|---|
| Ajay Mamgain | Director | 15 Jun 2015 | 11 Years 4 Months | Current |
| Manish Chaturvedi | Director | 24 Nov 2016 | 9 Years 11 Months | Current |
Peer comparison
Citixsys Tech Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Clover Bay Ventures Private Limited | ₹19.9 Cr (FY 2025) | Bangalore, Karnataka, India | ||||
| Diagnal Technologies Private Limited | ₹19.9 Cr (FY 2024) | 34.0% | Thiruvananthapuram, Kerala, India | |||
| Clover Bay Technologies Private Limited | ₹19.9 Cr (FY 2025) | 0.0% | Bangalore, Karnataka, India | |||
| K2 Technosoft India Private Limited | ₹19.88 Cr (FY 2025) | -2.0% | Pune, Maharashtra, India | |||
| Invasystems Software Solutions Private Limited | ₹19.88 Cr (FY 2025) | -51.0% | Pune, Maharashtra, India | |||
| Citixsys Tech Solutions Private Limitedthis company | ₹19.87 Cr (FY 2024) | ₹4.6 Lakh | 0.2% | 1.0% | 95 | New Delhi, Delhi, India |
| Savitr Software Services Private Limited | ₹19.86 Cr (FY 2025) | 67.0% | Hyderabad, Telangana, India | |||
| Omnepresent Technologies Private Limited | ₹19.85 Cr (FY 2025) | -11.0% | Pune, Maharashtra, India | |||
| Flatworld Books Private Limited | ₹19.84 Cr (FY 2024) | -5.0% | Mohali, Chandigarh, India | |||
| Tech Uniapps (India) Services Private Limited | ₹19.83 Cr (FY 2025) | Gurgaon, Haryana, India | ||||
| Zedra Services India Private Limited | ₹19.82 Cr (FY 2025) | 49.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Citixsys Tech Solutions Private Limited, buy the company report.
Auditor
Citixsys Tech Solutions Private Limited is audited by FANK & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| FANK & COMPANY | FY 2023 | 020092N |
Shareholding
The shareholding of Citixsys Tech Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Citixsys Tech Solutions Private Limited, buy the company report.
Legal cases
Citixsys Tech Solutions Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (TRAFFIC CHALLAN) | Filed against the company by State | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
To see the full case history of Citixsys Tech Solutions 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 Citixsys Tech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Citixsys Tech Solutions Private Limited has a workforce of 95 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Citixsys Tech Solutions has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECC2806K1ZR | Delhi | Active | 18 Sep 2017 |
| 09AAECC2806K2ZM | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Citixsys Tech Solutions Private Limited, buy the company report.
Recent activity
Citixsys Tech Solutions Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Manish Chaturvedi ceased to be Additional Director on 30 Sep 2017.
Frequently asked questions
Citixsys Tech Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 January 2011 (15+ years old) and is registered under CIN U72900DL2011PTC212772.
Citixsys Tech Solutions has 2 current directors:
- Ajay Mamgain - Director
- Manish Chaturvedi - Director
The latest financial statements of Citixsys Tech Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Citixsys Tech Solutions is 07AAECC2806K1ZR, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAECC2806K2ZM (Uttar Pradesh).
The CIN (Corporate Identification Number) of Citixsys Tech Solutions is U72900DL2011PTC212772. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citixsys Tech Solutions has 2 court cases on record: 2 filed against it.
Citixsys Tech Solutions was incorporated on 18 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Citixsys Tech Solutions by revenue are Clover Bay Ventures Private Limited, Diagnal Technologies Private Limited, Clover Bay Technologies Private Limited, K2 Technosoft India Private Limited, Invasystems Software Solutions Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Manish Chaturvedi ceased to be Additional Director on 30 Sep 2017. Manish Chaturvedi was appointed as Director on 24 Nov 2016. Ajay Mamgain ceased to be Additional Director on 30 Sep 2015. Citixsys Tech Solutions has 7 board changes on record in total.
Citixsys Tech Solutions can be reached through the website citixsys.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Citixsys Tech Solutions is at S 18 V3S East Center, Lakshami Nagar, New Delhi, Delhi, India – 110092.
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