MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0112957
Citco Shared Services (India) Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹129.4 Cr
▲ 23% YoY
Net profit · FY 2025
₹15.05 Cr
Net margin 11.6%
EBITDA · FY 2025
₹21.57 Cr
EBITDA margin 16.7%
Authorised capital
₹33.3 Cr
Registered with MCA
Paid-up capital
₹9.59 Cr
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
439
Provident fund records
Directors on board
3
As per MCA filings
About Citco Shared Services (India) Private Limited
Data last updated:
Citco Shared Services (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Citco (Uk) Limited. It operates in the business process outsourcing sector. It was incorporated on 09 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC285735. Its GSTIN is 27AAGCC6792C1ZJ (Maharashtra).
The company has an authorised share capital of ₹33.3 Cr and a paid-up capital of ₹9.59 Cr. It is led by directors including Amit Verma and Laura Claire Davey.
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 Unit No 1201 1301 12th And 13th Floor Cignus Building Passpoli Village Plot No. 71A Powai, Mumbai, Maharashtra, India – 400087.
As per the financials filed for FY 2025, the company reported a revenue of ₹129.4 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹15.05 Cr (net margin 11.6%) and EBITDA of ₹21.57 Cr (EBITDA margin 16.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 9% over five years.
The company has about 439 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Citco. The company has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 rights issue), with disclosed funding of ₹8.72 Cr; the latest was in July 2017. The company has 12 MSME Form 1 returns on record between 2019 and 2021, listing 20 overdue payments to 5 micro and small suppliers.
Citco Shared Services (India) Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0112957). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website citco.com.
Company details
CIN U74999MH2016PTC285735
Registration Number 285735
Incorporation Date 09 September 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Citco (Uk) Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0112957
Recognitions & Rankings of Citco Shared Services (India)
Contact details
Citco Shared Services (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is citco.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No 1201 1301 12th And 13th Floor Cignus Building Passpoli Village Plot No. 71A Powai, Mumbai, Maharashtra, India – 400087
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Citco Shared Services (India) Private Limited, buy the company report.
Comprehensive company report
Citco Shared Services (India) Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Citco Shared Services (India) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Citco Shared Services (India) Private Limited, buy the company report.
Financials of Citco Shared Services (India) Private Limited
FY 2025 filings availableCitco Shared Services (India) Private Limited reported revenue of ₹129.4 Cr (up 23% YoY) for FY 2025.
Revenue · FY 2025
₹129.4 Cr ▲ 23%
Net profit · FY 2025
₹15.05 Cr margin 11.6%
EBITDA · FY 2025
₹21.57 Cr margin 16.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 21%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 68%
3 years · compounded
▲ 26%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 23% growth in the latest year. EBITDA rose 68% 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 | ₹21.57 Cr | ||||
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| Net Profit (PAT) | ₹15.05 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 | 16.7% | ||||
| Net Profit Margin | 11.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Citco Shared Services (India) Private Limited, buy the company report.
Board of directors of Citco Shared Services (India) Private Limited
Citco Shared Services (India) has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Verma | Director | 31 Aug 2023 | 3 Years 1 Months | Current |
| Laura Claire Davey Also directs: Citco Group Services (India) LLP | Director | 05 Jan 2023 | 3 Years 9 Months | Current |
| Glenn Raymond Hassett | Director | 17 Nov 2016 | 9 Years 11 Months | Current |
Auditor
Citco Shared Services (India) Private Limited is audited by Deloitte Haskins and Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins and Sells LLP | FY 2023 | 117366W/ W-100018 |
Shareholding
The shareholding of Citco Shared Services (India) 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 Citco Shared Services (India) Private Limited, buy the company report.
Deals & funding
Citco Shared Services (India) Private Limited has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 rights issue), with disclosed funding of ₹8.72 Cr; the latest was in July 2017.
Total deals
4
Funding rounds
2
Secondary share transfer
1
Rights issue
1
Disclosed funding
₹8.72 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2017 | Funding round | ₹1.61 Cr | Investors: Citco (UK) Limited |
| May 2017 | Secondary share transfer | Undisclosed | Buyer: Citco (UK) Limited Seller: 2 individuals |
| Mar 2017 | Funding round | ₹7.1 Cr | Investors: Citco (UK) Limited |
| Feb 2017 | Rights issue | ₹99 Lakh | Investors: Citco (UK) Limited, Citco London Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Citco Shared Services (India) 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
Citco Shared Services (India) Private Limited has 12 MSME Form 1 returns on record between 2019 and 2021, listing 20 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aditya Facility Services Private Limited | |||
| Giriraj Mobility Services Private Limited | |||
| an individual supplier | |||
| Acma Computers Limited | |||
| an individual supplier |
To see the full MSME payment records of Citco Shared Services (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Citco Shared Services (India) Private Limited has a workforce of 439 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
439
Active EPFO establishments
1
Employee growth
17.38%
GST
Citco Shared Services (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCC6792C1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Citco Shared Services (India) Private Limited, buy the company report.
Recent activity
Citco Shared Services (India) Private Limited has 11 board changes on record since 2016: 3 appointments and 8 cessations. The latest: Amit Verma ceased to be Additional Director on 06 Sep 2023.
AGM
Citco Shared Services (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Citco Shared Services (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Amit Verma ceased to be Additional Director.
Ceased
Laura Claire Davey ceased to be Additional Director.
Appointed
Amit Verma was appointed as Director.
Ceased
Girish Shankarram Iyer ceased to be Director.
Appointed
Laura Claire Davey was appointed as Director.
Ceased
Nicholas James Braham ceased to be Director.
Ceased
James Christopher Brunner ceased to be Director.
Ceased
Mitil Rajnikant Chokshi ceased to be Director.
Ceased
Jayesh Bipinchandra Kadakia ceased to be Director.
Ceased
Mukesh Desai Kanaiyalal ceased to be Director.
2 earlier events are in the company report.
News
Frequently asked questions
Citco Shared Services (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 09 September 2016 (10+ years old) and is registered under CIN U74999MH2016PTC285735.
Citco Shared Services (India) has 3 current directors:
- Amit Verma - Director
- Laura Claire Davey - Director
- Glenn Raymond Hassett - Director
The latest financial statements of Citco Shared Services (India) 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 2017 are in the company report.
The GSTIN of Citco Shared Services (India) is 27AAGCC6792C1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Citco Shared Services (India) is U74999MH2016PTC285735. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citco Shared Services (India) was incorporated on 09 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Citco Shared Services (India) has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 rights issue), with disclosed funding of ₹8.72 Cr; the latest was in July 2017.
Amit Verma ceased to be Additional Director on 06 Sep 2023. Laura Claire Davey ceased to be Additional Director on 06 Sep 2023. Amit Verma was appointed as Director on 31 Aug 2023. Citco Shared Services (India) has 11 board changes on record in total.
Yes, Citco Shared Services (India) is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0112957).
Citco Shared Services (India) has 12 MSME Form 1 returns on record between 2019 and 2021, listing 20 overdue payments to 5 micro and small suppliers. The latest return was filed on 29 Oct 2021.
Citco Shared Services (India) can be reached through the website citco.com. Its registered office is in Mumbai, Maharashtra, India.