About Citadel Propcon Private Limited
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Citadel Propcon Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 06 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70100KA2010PTC055070. Its GSTIN is 29AAECC1446M1ZF (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Krishnan Chandrasekharan Unni (Managing Director) and Sarala Chandrashekaran Unni.
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 1007 Sujaya Hal 2nd Stage 13th Main 2nd Cross Indiranagar, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.98 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹6.15 Cr (net margin 19.9%) and EBITDA of ₹11.45 Cr (EBITDA margin 37%). Revenue has grown at a compounded annual rate (CAGR) of 14% over five years.
As per MCA filings, the company has open charges of ₹13.63 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 2 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 citadelnetinc.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1007 Sujaya Hal 2nd Stage 13th Main 2nd Cross Indiranagar, Bangalore, Karnataka, India – 560008
- IndustryReal Estate, Real Estate Leasing, Contractual Work
- 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
- One PDF report, delivered after checkout
Business Activity of Citadel Propcon Private Limited
The main business activity of Citadel Propcon is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Citadel Propcon Private Limited FY 2024 filings available
Citadel Propcon Private Limited reported revenue of ₹30.98 Cr (up 42% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Citadel Propcon Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 42% growth in the latest year. EBITDA rose 244% 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 of Citadel Propcon Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹11.45 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.15 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Citadel Propcon Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 37% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 19.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Citadel Propcon are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Citadel Propcon Private Limited
Citadel Propcon Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A.I.A. Infratech Private Limited | ₹31.05 Cr (FY 2024) | •••• | •••• | 210.0% | •••• | Gurgaon, Haryana, India |
| Uma Enterprises Pvt Ltd | ₹31.02 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Jaipur 302018 C, Rajasthan, India |
| Emit Group India Private Limited | ₹31.02 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | New Delhi, Delhi, India |
| Trimurti Heights and Properties Private Limited | ₹31.01 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Sita Shelters Private Limited | ₹31.01 Cr (FY 2024) | •••• | •••• | 99.0% | •••• | Hyderabad, Telangana, India |
| Citadel Propcon Private Limited this company | ₹30.98 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Bangalore, Karnataka, India |
| Surefin Advisors Private Limited | ₹30.97 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | New Delhi, Delhi, India |
| Allwin Infrastructure Limited | ₹30.96 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Panchkula, Haryana, India |
| GSV Projects Private Limited | ₹30.96 Cr (FY 2025) | •••• | •••• | 65.0% | •••• | Hyderabad, Telangana, India |
| Saradeuz Infrastructures Private Limited | ₹30.95 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Chennai, Tamil Nadu, India |
| Indian Express Commercial Ventures & Projects Private Limited | ₹30.94 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Citadel Propcon by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Citadel Propcon Private Limited
Citadel Propcon Private Limited is audited by J.Seshachalapathi & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J.Seshachalapathi & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Citadel Propcon Private Limited
Citadel Propcon has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarala Chandrashekaran Unni | Director | 06 Sep 2010 | 16 Years 1 Months | Current |
| Priyanka Raj | Director | 21 Oct 2022 | 3 Years 11 Months | Current |
| Prasanna Narayan Rao Also directs: Assetshare Axis Private Limited, Citadel Networks Private Limited, Gill Sense Private Limited and 1 more | Director | 19 Dec 2017 | 8 Years 9 Months | Current |
| Sadashivan Chandrashekaran Unni Also directs: Assetshare Axis Private Limited, Citadel Networks Private Limited | Director | 19 Dec 2017 | 8 Years 9 Months | Current |
| Krishnan Chandrasekharan Unni Also directs: Crestelle Novaquest Services LLP, Covico Hospitality Private Limited, Roomrr Connect Private Limited and 2 more | Managing Director | 06 Sep 2010 | 16 Years 1 Months | Current |
Ownership and Shareholding of Citadel Propcon Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Citadel Propcon Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 May 2025 | Others | ₹31.3 Lakh | Open |
| 31 Jan 2025 | Others | ₹55 Lakh | Open |
| 13 Sep 2024 | Axis Bank Limited | ₹20.74 Lakh | Open |
| 26 Jul 2024 | Axis Bank Limited | ₹1.08 Cr | Open |
| 19 Jun 2024 | Axis Bank Limited | ₹25.41 Lakh | Open |
Total charge records: 14 View all charges
Legal Cases of Citadel Propcon Private Limited
Citadel Propcon Private Limited has 7 court cases on record: 5 filed by Citadel Propcon, 2 filed against it. 2 cases are pending and 5 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 1 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (COP) | Filed by the company against Netra Software Technologies Private Limited | Disposed |
| High Court of Karnataka | Arbitration matter | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against an individual | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Citadel Propcon Private Limited
Employment history and EPFO contributions of people linked to Citadel Propcon.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Citadel Propcon Private Limited
Citadel Propcon Private Limited has 8 board changes on record since 2010: 5 appointments and 3 cessations. The latest: Priyanka Raj ceased to be Additional Director on 27 Sep 2023.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Citadel Propcon Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Citadel Propcon Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Citadel Propcon Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Citadel Propcon Private Limited
Citadel Propcon has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECC1446M1ZF | Karnataka | Active | 01 Jul 2017 |
| 27AAECC1446M1ZJ | Maharashtra | Active | 07 Sep 2017 |
| 36AAECC1446M1ZK | Telangana | Active | 20 Dec 2018 |
| 06AAECC1446M1ZN | Haryana | Active | 11 Feb 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Citadel Propcon Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Citadel Propcon Private Limited
Citadel Propcon is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 06 September 2010 (16+ years old) and is registered under CIN U70100KA2010PTC055070.
Citadel Propcon reported revenue of ₹30.98 Cr for FY 2024 (up 42% YoY).
Citadel Propcon has 5 current directors:
- Krishnan Chandrasekharan Unni - Managing Director
- Sarala Chandrashekaran Unni - Director
- Priyanka Raj - Director
- Prasanna Narayan Rao - Director
- Sadashivan Chandrashekaran Unni - Director
Citadel Propcon reported a net profit of ₹6.15 Cr (net margin 19.9%) and EBITDA of ₹11.45 Cr (EBITDA margin 37%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Citadel Propcon is 14% over five years. In the latest year (FY 2024) revenue rose 42%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Citadel Propcon is 29AAECC1446M1ZF, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 27AAECC1446M1ZJ (Maharashtra), 36AAECC1446M1ZK (Telangana), 06AAECC1446M1ZN (Haryana).
The CIN (Corporate Identification Number) of Citadel Propcon is U70100KA2010PTC055070. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citadel Propcon has 7 court cases on record: 5 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Citadel Propcon was incorporated on 06 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Citadel Propcon by revenue are A.I.A. Infratech Private Limited, Uma Enterprises Pvt Ltd, Emit Group India Private Limited, Trimurti Heights and Properties Private Limited, Sita Shelters Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Priyanka Raj ceased to be Additional Director on 27 Sep 2023. Priyanka Raj was appointed as Director on 21 Oct 2022. Prasanna Narayan Rao ceased to be Additional Director on 29 Sep 2018. Citadel Propcon has 8 board changes on record in total.