Citadel Wealth and Investment Services Private Limited
About Citadel Wealth and Investment Services Private Limited
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Citadel Wealth and Investment Services Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Zenith Insurance Services Private Limited. It operates in the advisory services segment of the financial services sector. It was incorporated on 26 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67200KA2008PTC045767. Its GSTIN is 29AADCC3406E1Z1 (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹10.6 Cr. It was formerly known as Citadel Wealth Advisory Services Private Limited and Citadel Insurance Advisory Services Private Limited. It is led by directors Gorur Narasimha Murthy Sridhar and Aroor Sudhakara Bhat.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No. 8/12 New No. 12 Govindappa Road Basavanagudi, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.25 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹3.21 Cr (net margin -257.4%) and EBITDA of -₹3.2 Cr (EBITDA margin -256.2%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Citadel Wealth and Investment Services has undergone 2 name changes throughout its history. The company was previously known as Citadel Wealth Advisory Services Private Limited, and Citadel Insurance Advisory Services Private Limited. The current legal name is Citadel Wealth And Investment Services Private Limited.
| Company Name | Status |
|---|---|
| Citadel Wealth and Investment Services Private Limited | Current |
| Citadel Wealth Advisory Services Private Limited | Previous |
| Citadel Insurance Advisory Services Private Limited | Previous |
Contact details
Citadel Wealth and Investment Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 8/12 New No. 12 Govindappa Road Basavanagudi, Bangalore, Karnataka, India – 560004
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
To see the full contact details of Citadel Wealth and Investment Services 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 Citadel Wealth and Investment Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Citadel Wealth and Investment Services Private Limited, buy the company report.
Financials of Citadel Wealth and Investment Services Private Limited
FY 2019 filings availableCitadel Wealth and Investment Services Private Limited reported revenue of ₹1.25 Cr (down 22% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 48%. 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.25 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹3.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.21 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -256.2% | ||||
| Net Profit Margin | -257.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Citadel Wealth and Investment Services Private Limited, buy the company report.
Board of directors of Citadel Wealth and Investment Services Private Limited
Citadel Wealth and Investment Services has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gorur Narasimha Murthy Sridhar | Director | 05 Jun 2012 | 14 Years 5 Months | Current |
| Aroor Sudhakara Bhat | Director | 05 Jun 2012 | 14 Years 5 Months | Current |
Peer comparison
Citadel Wealth and Investment Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wealthbull Skilltek Private Limited | ₹1.26 Cr (FY 2025) | -54.0% | Chennai, Tamil Nadu, India | |||
| Aquzo Advisors Private Limited | ₹1.25 Cr (FY 2025) | -55.0% | Ahmedabad, Gujarat, India | |||
| Asiacap Investment Advisors Private Limited | ₹1.25 Cr (FY 2024) | -21.0% | Mumbai, Maharashtra, India | |||
| Rainbow Iron & Steel Suppliers Private Limited | ₹1.25 Cr (FY 2018) | 830.0% | Kolkata, West Bengal, India | |||
| Pushpanjli Finsolutions Limited | ₹1.25 Cr (FY 2024) | -2.0% | Haryana, India | |||
| Citadel Wealth and Investment Services Private Limitedthis company | ₹1.25 Cr (FY 2019) | -₹3.21 Cr | -257.4% | -22.0% | Bangalore, Karnataka, India | |
| Sparta Broking Private Limited | ₹1.25 Cr (FY 2023) | -91.0% | Coimbatore, Tamil Nadu, India | |||
| Titan Buildcon Private Limited | ₹1.25 Cr (FY 2024) | 947.0% | New Delhi, Delhi, India | |||
| Oran Advisors Private Limited | ₹1.25 Cr (FY 2025) | 108.0% | Gurgaon, Haryana, India | |||
| Shri Kamakshi Devi Tradex Private Limited | ₹1.24 Cr (FY 2025) | 7.0% | Gurgaon, Haryana, India | |||
| Good Fortune Capitals Private Limited | ₹1.24 Cr (FY 2025) | -56.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Citadel Wealth and Investment Services Private Limited, buy the company report.
Auditor
Citadel Wealth and Investment Services Private Limited is audited by B S K S & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S K S & Co. | FY 2017 | 017471S |
Shareholding
The shareholding of Citadel Wealth and Investment Services 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 Citadel Wealth and Investment Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Citadel Wealth and Investment Services 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 Citadel Wealth and Investment Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Citadel Wealth and Investment Services has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCC3406E1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Citadel Wealth and Investment Services Private Limited, buy the company report.
Recent activity
Citadel Wealth and Investment Services Private Limited has 9 board changes on record since 2008: 2 appointments and 7 cessations. The latest: Aroor Sudhakara Bhat ceased to be Additional Director on 28 Sep 2012.
Frequently asked questions
Citadel Wealth and Investment Services is an active private limited company based in Bangalore, Karnataka, India. The company works in advisory, within the financial services industry. It was incorporated on 26 March 2008 (18+ years old) and is registered under CIN U67200KA2008PTC045767.
Citadel Wealth and Investment Services has 2 current directors:
- Gorur Narasimha Murthy Sridhar - Director
- Aroor Sudhakara Bhat - Director
The latest financial statements of Citadel Wealth and Investment Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Citadel Wealth and Investment Services is 29AADCC3406E1Z1, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Citadel Wealth and Investment Services is U67200KA2008PTC045767. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citadel Wealth and Investment Services was incorporated on 26 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Citadel Wealth and Investment Services by revenue are Wealthbull Skilltek Private Limited, Aquzo Advisors Private Limited, Asiacap Investment Advisors Private Limited, Rainbow Iron & Steel Suppliers Private Limited, Pushpanjli Finsolutions Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Aroor Sudhakara Bhat ceased to be Additional Director on 28 Sep 2012. Gorur Narasimha Murthy Sridhar ceased to be Additional Director on 28 Sep 2012. Karavadi Venkata Ram Mohan ceased to be Director on 06 Jun 2012. Citadel Wealth and Investment Services has 9 board changes on record in total.
The registered office of Citadel Wealth and Investment Services is at No. 812 New No. 12 Govindappa Road Basavanagudi, Bangalore, Karnataka, India – 560004.
Citadel Wealth and Investment Services operates in the financial services industry, in the advisory segment.
The compliance status of Citadel Wealth and Investment Services is compliant as of 16 August 2026. The company is actively filing with the Registrar of Companies.
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