- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0224521

About Ciro Trade Private Limited
Data last updated:
Ciro Trade Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 11 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2019PTC127838. Its GSTIN is 29AAICC3740Q1Z2 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Roshni Suresh Hemdev (Managing Director) and Christian Garrelt Saathoff.
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 No. 36 Infantry Road Sampangi Tasker Town Shivaji Nagar, Bengaluru, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.05 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹38.45 Lakh and EBITDA of -₹38.45 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 38% over five years.
Ciro Trade Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0224521). For more details, the company can be reached via its website ciroindia.com.
Company details
Recognitions & Rankings of Ciro Trade
Contact details
Ciro Trade Private Limited's registered office is in Bengaluru, Karnataka. Its website is ciroindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 36 Infantry Road Sampangi Tasker Town Shivaji Nagar, Bengaluru, Karnataka, India – 560001
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Ciro Trade 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 Ciro Trade is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale 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 | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Ciro Trade Private Limited, buy the company report.
Financials of Ciro Trade Private Limited
FY 2025 filings availableCiro Trade Private Limited reported revenue of ₹5.05 Lakh (down 73% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 73% fall in the latest year. EBITDA rose 54% 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 | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹38.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹38.45 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Ciro Trade Private Limited, buy the company report.
Board of directors of Ciro Trade Private Limited
Ciro Trade 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 |
|---|---|---|---|---|
| Christian Garrelt Saathoff | Director | 15 Oct 2019 | 7 Years 0 Months | Current |
| Roshni Suresh Hemdev | Managing Director | 11 Sep 2019 | 7 Years 1 Months | Current |
| Kiran Suresh Hemdev | Director | 11 Sep 2019 | 7 Years 1 Months | Current |
Auditor
Ciro Trade Private Limited is audited by A R T S & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R T S & CO | FY 2021 | 018060S |
Shareholding
The shareholding of Ciro Trade Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Ciro Trade Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ciro Trade 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 Ciro Trade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ciro Trade has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICC3740Q1Z2 | Karnataka | Active | 25 Oct 2019 |
| 27AAICC3740Q1Z6 | Maharashtra | Active | 17 Mar 2020 |
To see the full GST registrations and return filing status of Ciro Trade Private Limited, buy the company report.
Recent activity
Ciro Trade Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Christian Garrelt Saathoff ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Ciro Trade is an active private limited company based in Bengaluru, Karnataka, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 11 September 2019 (7+ years old) and is registered under CIN U51909KA2019PTC127838.
Ciro Trade has 3 current directors:
- Roshni Suresh Hemdev - Managing Director
- Christian Garrelt Saathoff - Director
- Kiran Suresh Hemdev - Director
The latest financial statements of Ciro Trade 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 Ciro Trade is 29AAICC3740Q1Z2, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAICC3740Q1Z6 (Maharashtra).
The CIN (Corporate Identification Number) of Ciro Trade is U51909KA2019PTC127838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ciro Trade was incorporated on 11 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Christian Garrelt Saathoff ceased to be Additional Director on 31 Dec 2020. Christian Garrelt Saathoff was appointed as Director on 15 Oct 2019. Kiran Suresh Hemdev was appointed as Director on 11 Sep 2019. Ciro Trade has 4 board changes on record in total.
Yes, Ciro Trade is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0224521).
Ciro Trade can be reached through the website ciroindia.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Ciro Trade is at No. 36 Infantry Road Sampangi Tasker Town Shivaji Nagar, Bengaluru, Karnataka, India – 560001.