About C.I.Finlease Private Limited
Data last updated:
C.I.Finlease Private Limited is a private limited company based in Madhya Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 14 June 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U50100MP1996PTC010930. Its GSTIN is 23AABCC6164B1Z8 (Madhya Pradesh).
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.51 Cr. It was formerly known as Apex India Vitta Limited. It is led by directors including Rakesh Malik (Managing Director) and Varun Malik (Whole-Time Director).
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 182 Zone – Im.P. Nagar Bhopal, Madhya Pradesh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹283.27 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.86 Cr (net margin 0.7%) and EBITDA of ₹11.27 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 4% over five years.
The company has about 132 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹172.62 Cr and satisfied charges of ₹97.64 Cr on record. Court records list 11 cases involving the company, including 4 filed by the company and 7 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cigroupindia.com.
Company details
Name history
C.I.Finlease has undergone 3 name changes throughout its history. The company was previously known as Apex India Vitta Limited, C.I.Finlease Private Limited, and C.I.Finlease Limited. The current legal name is C.I.Finlease Private Limited.
| Company Name | Status |
|---|---|
| C.I.Finlease Private Limited | Current |
| Apex India Vitta Limited | Previous |
| C.I.Finlease Limited | Previous |
CIN history
C.I.Finlease has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U50100MP1996PTC010930, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50100MP1996PTC010930 | Current |
| U65921MP1996PLC010930 | Previous |
| U50100MP1996PLC010930 | Previous |
Contact details
C.I.Finlease Private Limited's registered office is in Madhya Pradesh. Its website is cigroupindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address182 Zone – Im.P. Nagar Bhopal, Madhya Pradesh, India
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of C.I.Finlease 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 C.I.Finlease is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of C.I.Finlease Private Limited, buy the company report.
Financials of C.I.Finlease Private Limited
FY 2024 filings availableC.I.Finlease Private Limited reported revenue of ₹283.27 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 5% growth in the latest year. EBITDA rose 15% 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 | ₹11.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.86 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of C.I.Finlease Private Limited, buy the company report.
Board of directors of C.I.Finlease Private Limited
C.I.Finlease has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
C.I.Finlease Private Limited is compared with the 5 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Finex Merchants Pvt Ltd | ₹286.66 Cr (FY 2025) | 10.0% | Kolkata, West Bengal, India | |||
| Jai Ganesh Mobility Private Limited | ₹285.04 Cr (FY 2025) | 23.0% | Rajkot, Gujarat, India | |||
| C.I.Finlease Private Limitedthis company | ₹283.27 Cr (FY 2025) | ₹1.86 Cr | 0.7% | 5.0% | 132 | Madhya Pradesh, India |
| Narveda Motors Private Limited | ₹282.98 Cr (FY 2025) | -1.0% | Lucknow, Uttar Pradesh, India | |||
| G P Motors Private Limited | ₹282.96 Cr (FY 2025) | 4.0% | Allahabad, Uttar Pradesh, India | |||
| First Mobital Private Limited | ₹282.78 Cr (FY 2024) | 38.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of C.I.Finlease Private Limited, buy the company report.
Auditor
C.I.Finlease Private Limited is audited by JAIN DHUREJA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN DHUREJA & CO. | FY 2023 | 015033C |
Shareholding
The shareholding of C.I.Finlease 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of C.I.Finlease Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2025 | 101060546 | Others | ₹6.25 Cr | Open | |
| 11 Sep 2024 | 100978812 | Others | ₹48.94 Cr | Open | |
| 10 Oct 2023 | 100814950 | Others | ₹15 Cr | Open | |
| 13 Jun 2023 | 100757735 | Others | ₹14.5 Cr | Open | |
| 13 Jun 2023 | 100757731 | Others | ₹40 Cr | Open |
To see the full charge records of C.I.Finlease Private Limited, buy the company report.
Total charge records: 28 View all charges
Legal cases
C.I.Finlease Private Limited has 11 court cases on record: 4 filed by C.I.Finlease, 7 filed against it. 5 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 4 |
| High courts | 5 | 3 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhopal, Madhya Pradesh | Court case (COMMS) | Filed against the company by M/S Bhopal Glues and Chemicals P. Ltd Through Director Amir Iftakhar | Pending |
| High Court of Madhya Pradesh | Interim or miscellaneous application | Filed against the company by M/S Bhopal Glues Chemicals P.Ltd. | Disposed |
| High Court of Madhya Pradesh | Court case (AC) | Filed against the company by M/S Bhopal Glues and Chemicals P.Ltd. | Disposed |
| High Court of Madhya Pradesh | Court case (MCC) | Filed by the company against Bhopal Glues and Chemicals Pvt. Ltd. THR. Its Director Aamir Iftekar, and 1 other | Disposed |
| District court, Bhopal, Madhya Pradesh | Court case (UN CR) | Filed by the company against an individual | Pending |
To see the full case history of C.I.Finlease 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.
Credit ratings & regulatory alerts
C.I.Finlease Private Limited was last rated by Care on 11 Oct 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 11 Oct 2022 |
To see the full credit ratings and regulatory alerts of C.I.Finlease Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for C.I.Finlease Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
C.I.Finlease Private Limited has a workforce of 132 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
C.I.Finlease has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCC6164B1Z8 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of C.I.Finlease Private Limited, buy the company report.
Recent activity
C.I.Finlease Private Limited has 9 board changes on record since 1999: 6 appointments and 3 cessations. The latest: Akash Malik was appointed as Director on 01 Oct 2009.
56 earlier events are in the company report.
Frequently asked questions
C.I.Finlease is an active private limited company based in Madhya Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 14 June 1996 (30+ years old) and is registered under CIN U50100MP1996PTC010930.
C.I.Finlease has 6 current directors:
- Rakesh Malik - Managing Director
- Varun Malik - Whole-Time Director
- Anju Malik - Whole-Time Director
- Rahul Malik - Whole-Time Director
- Rajiv Mohindra - Director
- Akash Malik - Director
The latest financial statements of C.I.Finlease 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 C.I.Finlease is 23AABCC6164B1Z8, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of C.I.Finlease is U50100MP1996PTC010930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
C.I.Finlease has 11 court cases on record: 4 filed by the company and 7 filed against it. 5 are pending. Most are in the district courts.
C.I.Finlease was incorporated on 14 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of C.I.Finlease by revenue are Finex Merchants Pvt Ltd, Jai Ganesh Mobility Private Limited, Narveda Motors Private Limited, G P Motors Private Limited, First Mobital Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Akash Malik was appointed as Director on 01 Oct 2009. Anju Malik ceased to be Director on 31 Mar 2009. Rahul Malik ceased to be Director on 31 Mar 2009. C.I.Finlease has 9 board changes on record in total.
C.I.Finlease can be reached through the website cigroupindia.com. Its registered office is in Madhya Pradesh, India.
The registered office of C.I.Finlease is at 182 Zone – Im.P. Nagar Bhopal, Madhya Pradesh, India.
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