About Cigfil Retail Private Limited
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Cigfil Retail Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 25 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC129964. Its GSTIN is 29AAICC4863G1ZD (Karnataka). The company holds 18 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors including Narayanaswamy Vaideesvaaran and Panchapakesan Malathi.
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 Survey No. 28 & 29 Soukya Road Kacharakanahalli Hoskote Taluk Bangalore Rural, Karnataka, India – 560067.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,807.86 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹80 Lakh (net margin 0%) and EBITDA of ₹4.49 Cr (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.
As per MCA filings, the company has open charges of ₹200 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
For more details, the company can be reached via its website cigfilretail.com.
Company details
Contact details
Cigfil Retail Private Limited's registered office is in Bangalore, Karnataka. Its website is cigfilretail.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 28 & 29 Soukya Road Kacharakanahalli Hoskote Taluk Bangalore Rural, Karnataka, India – 560067
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Cigfil Retail 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 Cigfil Retail is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Cigfil Retail Private Limited, buy the company report.
Financials of Cigfil Retail Private Limited
FY 2025 filings availableCigfil Retail Private Limited reported revenue of ₹2,807.86 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over three years, including 2% growth in the latest year. EBITDA rose 21% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2,807.86 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹80 Lakh | ||||
| Balance Sheet | |||||
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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 | 0.2% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Cigfil Retail Private Limited, buy the company report.
Board of directors of Cigfil Retail Private Limited
Cigfil Retail has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayanaswamy Vaideesvaaran Also directs: Innova Consumer Care Private Limited | Director | 30 Sep 2021 | 5 Years 1 Months | Current |
| Panchapakesan Malathi | Director | 25 Nov 2019 | 6 Years 11 Months | Current |
| Ramanathan Panchapakesan Also directs: Cigfil Ltd, Innova Polypak Private Limited, Vedintelli Retail Private Limited and 1 more | Director | 25 Nov 2019 | 6 Years 11 Months | Current |
Auditor
Cigfil Retail Private Limited is audited by pal and shanbhogue for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| pal and shanbhogue | FY 2025 | 002528S |
Shareholding
The shareholding of Cigfil Retail Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cigfil Retail Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Aug 2022 | 100633789 | The Hongkong and Shanghai Banking Corporation Limited | ₹200 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Cigfil Retail Private Limited has 2 court cases on record: 2 filed by Cigfil Retail. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Competition Commission of India and 2 others | Pending |
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors. | Disposed |
To see the full case history of Cigfil Retail 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 Cigfil Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cigfil Retail has 18 GST registrations: 18 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICC4863G1ZD | Karnataka | Active | 07 Dec 2019 |
| 29AAICC4863G2ZC | Karnataka | Active | 27 Feb 2020 |
| 10AAICC4863G1ZW | Bihar | Active | 17 Dec 2019 |
| 27AAICC4863G1ZH | Maharashtra | Active | 17 Dec 2019 |
To see the full GST registrations and return filing status of Cigfil Retail Private Limited, buy the company report.
Recent activity
Cigfil Retail Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Narayanaswamy Vaideesvaaran ceased to be Additional Director on 25 Nov 2021.
Frequently asked questions
Cigfil Retail is an active private limited company based in Bangalore, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 25 November 2019 (7+ years old) and is registered under CIN U74999KA2019PTC129964.
Cigfil Retail has 3 current directors:
- Narayanaswamy Vaideesvaaran - Director
- Panchapakesan Malathi - Director
- Ramanathan Panchapakesan - Director
The latest financial statements of Cigfil Retail 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 FY 2020 are in the company report.
The GSTIN of Cigfil Retail is 29AAICC4863G1ZD, registered in Karnataka. The company has 18 GST registrations in all, of which 18 are active. Other active GSTINs include 29AAICC4863G2ZC (Karnataka), 10AAICC4863G1ZW (Bihar), 27AAICC4863G1ZH (Maharashtra).
The CIN (Corporate Identification Number) of Cigfil Retail is U74999KA2019PTC129964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cigfil Retail has 2 court cases on record: 2 filed by the company. 1 is pending.
Cigfil Retail was incorporated on 25 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Narayanaswamy Vaideesvaaran ceased to be Additional Director on 25 Nov 2021. Narayanaswamy Vaideesvaaran was appointed as Director on 30 Sep 2021. Panchapakesan Malathi was appointed as Director on 25 Nov 2019. Cigfil Retail has 4 board changes on record in total.
Cigfil Retail can be reached through the website cigfilretail.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Cigfil Retail is at Survey No. 28 & 29 Soukya Road Kacharakanahalli Hoskote Taluk Bangalore Rural, Karnataka, India – 560067.
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