About Cito E Systems & Solutions Private Limited
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Cito E Systems & Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 20 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC074974. Its GSTIN is 29AAFCC6968F1Z8 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Upparahal Narahari and Ajay Simha Upparal.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2021, the company reported a revenue of ₹15.92 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹6,680 (net margin -0.4%) and EBITDA of ₹12,240 (EBITDA margin 0.8%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cito.co.in.
Company details
Contact details
Cito E Systems & Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is cito.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address# 73/1 Sri Lakshmi Hayagriva Nilaya 1 B Cross 6 Main A G S Layout Arehal, Li, Bangalore, Karnataka, India – 560061
- IndustryInformation Technology, Computer Programming, Consultancy
To see the full contact details of Cito E Systems & 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
Business activity
The main business activity of Cito E Systems & 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 Cito E Systems & Solutions Private Limited, buy the company report.
Financials of Cito E Systems & Solutions Private Limited
FY 2021 filings availableCito E Systems & Solutions Private Limited reported revenue of ₹15.92 Lakh (down 4% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year. EBITDA fell 8% 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
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| EBITDA | ₹12,240 | ||||
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| Net Profit (PAT) | -₹6,680 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 0.8% | ||||
| Net Profit Margin | -0.4% | ||||
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To see the full financial statements and ratios of Cito E Systems & Solutions Private Limited, buy the company report.
Board of directors of Cito E Systems & Solutions Private Limited
Cito E Systems & Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Upparahal Narahari | Director | 20 Jun 2014 | 12 Years 4 Months | Current |
| Ajay Simha Upparal | Director | 03 May 2021 | 5 Years 6 Months | Current |
Peer comparison
Cito E Systems & Solutions Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Exontric Systems Private Limited | ₹15.95 Lakh (FY 2025) | 9.0% | Kolhapur, Maharashtra, India | |||
| Droop Enterprises Private Limited | ₹15.95 Lakh (FY 2021) | -76.0% | New Delhi, Delhi, India | |||
| Vmade Software Solutions Private Limited | ₹15.92 Lakh (FY 2024) | 2305.0% | Telangana, India | |||
| Addigi Technologies Private Limited | ₹15.92 Lakh (FY 2024) | -19.0% | Noida, Uttar Pradesh, India | |||
| Cito E Systems & Solutions Private Limitedthis company | ₹15.92 Lakh (FY 2021) | -₹6,680 | -0.4% | -4.0% | Bangalore, Karnataka, India | |
| Essos Global Softech Private Limited | ₹15.9 Lakh (FY 2025) | -45.0% | Bahadurgarh, Haryana, India | |||
| Creativeshell Technologies Private Limited | ₹15.9 Lakh (FY 2018) | 6.0% | New Delhi, Delhi, India | |||
| Artifact Solutions Private Limited | ₹15.9 Lakh (FY 2024) | -18.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Cito E Systems & Solutions Private Limited, buy the company report.
Auditor
Cito E Systems & Solutions Private Limited is audited by Y RADHAKRISHNA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y RADHAKRISHNA & ASSOCIATES | FY 2017 | 008615S |
Shareholding
The shareholding of Cito E Systems & Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Cito E Systems & Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cito E Systems & Solutions 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 Cito E Systems & Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cito E Systems & Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCC6968F1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cito E Systems & Solutions Private Limited, buy the company report.
Recent activity
Cito E Systems & Solutions Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Ajay Simha Upparal ceased to be Additional Director on 29 Nov 2021.
Frequently asked questions
Cito E Systems & Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in computer programming, within the information technology industry. It was incorporated on 20 June 2014 (12+ years old) and is registered under CIN U72200KA2014PTC074974.
Cito E Systems & Solutions has 2 current directors:
- Upparahal Narahari - Director
- Ajay Simha Upparal - Director
The latest financial statements of Cito E Systems & Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Cito E Systems & Solutions is 29AAFCC6968F1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Cito E Systems & Solutions is U72200KA2014PTC074974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cito E Systems & Solutions was incorporated on 20 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Cito E Systems & Solutions by revenue are Exontric Systems Private Limited, Droop Enterprises Private Limited, Vmade Software Solutions Private Limited, Addigi Technologies Private Limited, Essos Global Softech Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Ajay Simha Upparal ceased to be Additional Director on 29 Nov 2021. Nandagiri Geetha ceased to be Director on 10 May 2021. Ajay Simha Upparal was appointed as Director on 03 May 2021. Cito E Systems & Solutions has 5 board changes on record in total.
Cito E Systems & Solutions can be reached through the website cito.co.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Cito E Systems & Solutions is at # 731 Sri Lakshmi Hayagriva Nilaya 1 B Cross 6 Main A G S Layout Arehal, Li, Bangalore, Karnataka, India – 560061.
Cito E Systems & Solutions operates in the information technology industry, in the computer programming segment.
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