Citi Securities and Financial Services Private Limited
About Citi Securities and Financial Services Private Limited
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Citi Securities and Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 23 July 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1990PTC057371. Its GSTIN is 27AACCC9559M1ZZ (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹50 Lakh. It was formerly known as Immortal Leasing and Finance Pvt Ltd and Leasing and Finance Pvt Ltd. It is led by directors including Shashank Shripad Vijayakar and Imran Badaruddin Shaikh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Cama Building 1st Floor Dalal Street Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.09 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15.02 Lakh (net margin 3.7%) and EBITDA of ₹18.01 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 457% over three years and 170% over five years.
As per MCA filings, the company has open charges of ₹220.8 Cr on record. Court records list 300 cases involving the company, including 174 filed by the company and 126 filed against it; 34 cases are pending. The company has 6 deals on record (6 secondary share transfers); the latest was in March 2020.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Citi Securities and Financial Services has undergone 2 name changes throughout its history. The company was previously known as Immortal Leasing And Finance Pvt Ltd, and Leasing And Finance Pvt Ltd. The current legal name is Citi Securities And Financial Services Private Limited.
| Company Name | Status |
|---|---|
| Citi Securities and Financial Services Private Limited | Current |
| Immortal Leasing And Finance Pvt Ltd | Previous |
| Leasing And Finance Pvt Ltd | Previous |
Contact details
Citi Securities and Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCama Building 1st Floor Dalal Street Fort, Mumbai, Maharashtra, India – 400001
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Citi Securities and Financial 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
Financials of Citi Securities and Financial Services Private Limited
FY 2024 filings availableCiti Securities and Financial Services Private Limited reported revenue of ₹4.09 Cr (up 12123% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 170% over five years. EBITDA rose 132% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹18.01 Lakh | ||||
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| Net Profit (PAT) | ₹15.02 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 3.7% | ||||
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To see the full financial statements and ratios of Citi Securities and Financial Services Private Limited, buy the company report.
Board of directors of Citi Securities and Financial Services Private Limited
Citi Securities and Financial Services has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashank Shripad Vijayakar Also directs: Afamado Advisory Services Private Limited, Jai Inesh Smart Meters Private Limited, Neptune Steel Strips Limited and 5 more | Director | 31 Jul 2010 | 16 Years 2 Months | Current |
| Imran Badaruddin Shaikh | Director | 08 Mar 2019 | 7 Years 7 Months | Current |
| Sandesh Rajaram Manjalkar | Director | 08 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Citi Securities and Financial Services Private Limited is audited by Chitrang D Sheth And Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chitrang D Sheth And Co. | FY 2023 | 046366 |
Shareholding
The shareholding of Citi Securities and Financial Services 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 Citi Securities and Financial Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Aug 2019 | 100279736 | Others | ₹220.8 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Citi Securities and Financial Services Private Limited has 6 deals on record (6 secondary share transfers); the latest was in March 2020.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Vishvakarma Equipment Finance (India) Limited , Neptune Steel Strips Limited Seller: Pearl Housing Finance (India) Limited , Valuecrop Securities & Finance Limited, Mahiman Mercantil Credit Limited, an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Traitrya Construction Finance Limited , Shriyam Auto-Fin Limited , Mahiman Mercantil Credit Limited, an individual Seller: Vishvakarma Equipment Finance (India) Limited , Merican Funds Limited , Aarayaa Finstock Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Vishvakarma Equipment Finance (India) Limited Seller: Budh Holding & Trading Company Private Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Indranil Securities Private Limited , Desai Investments Pvt Ltd , an individual Seller: Bahl and Company Private Limited , an individual |
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: V B Desai Financial Services Ltd , Neptune Steel Strips Limited , Arodyne Chemicals Limited Seller: Budh Holding & Trading Company Private Limited, Desai Industrial Finance Private Limited , Bahl and Company Private Limited |
To see the full deal history of Citi Securities and Financial Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Citi Securities and Financial Services Private Limited has 300 court cases on record: 174 filed by Citi Securities and Financial Services, 126 filed against it. 34 cases are pending and 266 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 201 | 54 | 20 |
| High courts | 49 | 32 | 2 |
| NCLAT | 36 | 31 | 11 |
| Supreme Court | 10 | 7 | 0 |
| NCLT | 4 | 2 | 1 |
Cases on record (5 of 300)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (3001-Land Acquisition and Requisition : Challenge to land acquisition, lapsing of acquisition, de-reservation, requisition and de-requisition of property and others) | Filed against the company by City and Industrial Development Corporation of Maharashtra (Cidco) | Disposed |
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company by M/S. Bkalam Groceries Private Limited Rep by Venkatesh Puta | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Prudent Arc Limited (Prudent Trust – 80/23) | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Finquest Financial Solutions Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Union Bank of India | Pending |
To see the full case history of Citi Securities and Financial Services 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 Citi Securities and Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Citi Securities and Financial Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCC9559M1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Citi Securities and Financial Services Private Limited, buy the company report.
Recent activity
Citi Securities and Financial Services Private Limited has 9 board changes on record since 2010: 3 appointments and 6 cessations. The latest: Imran Badaruddin Shaikh ceased to be Director Appointed In Casual Vacancy on 06 Nov 2019.
1 earlier event is in the company report.
Frequently asked questions
Citi Securities and Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 23 July 1990 (36+ years old) and is registered under CIN U65990MH1990PTC057371.
Citi Securities and Financial Services has 3 current directors:
- Shashank Shripad Vijayakar - Director
- Imran Badaruddin Shaikh - Director
- Sandesh Rajaram Manjalkar - Director
The latest financial statements of Citi Securities and Financial Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Citi Securities and Financial Services is 27AACCC9559M1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Citi Securities and Financial Services is U65990MH1990PTC057371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citi Securities and Financial Services has 300 court cases on record: 174 filed by the company and 126 filed against it. 34 are pending. Most are in the district courts.
Citi Securities and Financial Services was incorporated on 23 July 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Citi Securities and Financial Services has 6 deals on record (6 secondary share transfers); the latest was in March 2020.
Imran Badaruddin Shaikh ceased to be Director Appointed In Casual Vacancy on 06 Nov 2019. Imran Badaruddin Shaikh was appointed as Director on 08 Mar 2019. Sandesh Rajaram Manjalkar was appointed as Director on 08 Mar 2019. Citi Securities and Financial Services has 9 board changes on record in total.
The registered office of Citi Securities and Financial Services is at Cama Building 1st Floor Dalal Street Fort, Mumbai, Maharashtra, India – 400001.