Citicorp Finance (India) Limited - Company Profile

It is a financial services public limited company based in Goregaon East, Maharashtra, India, established in 1997.

1997 Goregaon East, Maharashtra, India Active

Last Updated: December 23, 2025

About Citicorp Finance (India) Limited

Citicorp Finance (India) Limited, a active public limited company, was established on 01 May 1997 in Goregaon East, Maharashtra, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: U65910MH1997PLC253897. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹3,952.00 Cr and a paid-up capital of ₹2,893.30 Cr.

Formerly known as Citifinancial Consumer Finance India Limited, Avco Financial Services India Pvt Ltd. It upholds a compliant status. Its leadership includes Rajesh Jogi Kumar (Director), Cosme Vivek Gomes (Managing Director), Anuradha Choudhury (Director). Past directors included Narasimhan Rajashekaran, Mark Timothy Robinson, Abhay Gopal Palnitkar. It holds ₹13,345.73 Cr open charges and ₹32,845.91 Cr settled loans. Its latest AGM occurred on 24 September 2025, with the balance sheet filed on 31 March 2025. It is based at B7, 5Th Floor, Nirlon Knowledge Park, Goregaon (East), Mumbai 400063, Goregaon East, Maharashtra, 400063.

Company Details

CIN/LLPIN
U65910MH1997PLC253897
Registration Number
253897
Incorporation Date
01 May 1997
Authorized Capital
₹3,952.00 Cr
Paid-Up Capital
₹2,893.30 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 3,952.00 Cr as on 23-12-2025
Paid Up Capital ₹ 2,893.30 Cr as on 23-12-2025
Company Age 28 Year, 9 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 13,345.73 Cr as on 23-12-2025
Satisfied Charges ₹ 32,845.91 Cr as on 23-12-2025
Revenue Growth **** 34.84% (FY 2023)
Profit Growth **** -10.89% (FY 2023)
Ebitda **** 68.01% (FY 2023)
Net Worth -0.67% (FY 2023)
Total Assets -20.78% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Citicorp Finance (India) Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

Who are the key members and board of directors at Citicorp Finance (India) Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rajesh Jogi Kumar	Director	28 Jan 2025	Current
Cosme Vivek Gomes	Managing Director	12 Mar 2024	Current
Anuradha Choudhury	Director	01 Nov 2022	Current
Sameer Vishnuprasad Upadhayay	Company Secretary	07 Nov 2015	Current
Kakamada Changappa Ponnappa	Director	28 Jan 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	04 Jul 2011	Past
Pramod Abcsdd	Additional Director	29 Mar 2010	Past
Pramod Abcsdd	Director	14 Mar 2008	Past
Pramod Abcsdd	Director	21 Dec 2016	Past
Pramod Abcsdd	Director	21 Dec 2016	Past
Pramod Abcsdd	Additional Director	31 Mar 2011	Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Citicorp Finance (India).

Citicorp Finance (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.84% increase. The company also saw a substantial fall in profitability, with a 10.89% decrease in profit. The company's net worth dipped by a decrease of 0.67%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

Upgrade Required

Full access to Financial is available only for users with an active Premium plan.

Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

34.84%

*******

Revenue from Operations

*******

36.68%

*******

Total Assets

*******

-20.78%

*******

Profit or Loss

*******

-10.89%

*******

Net Worth

*******

-0.67%

*******

EBITDA

*******

68.01%

*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Citicorp Finance (India)?

In 2023, Citicorp Finance (India) had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

Upgrade Required

Full access to Ownership and Shareholding Structure is available only for users with an active Premium plan.

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹133,457,300,000.00

Satisfied Charges

₹328,459,068,274.00

Charges Breakdown by Lending Institutions

Idbi Trusteeship Services Limited : 10345.73 Cr
Citi Bank N.A. : 3000.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
13 Jun 2024	Citi Bank N.A.	₹3,000.00 Cr	Open
26 Apr 2021	Idbi Trusteeship Services Limited	₹9,733.50 Cr	Open
06 Sep 2018	Idbi Trusteeship Services Limited	₹612.23 Cr	Open
08 Sep 2017	State Bank Of India	₹500.00 Cr	Satisfied
17 Mar 2015	Idbi Trusteeship Services Limited	₹4.98 Cr	Satisfied

Explore comprehensive loan charge details -

How Many Employees Work at Citicorp Finance (India)?

Unlock and access historical data on people associated with Citicorp Finance (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

Upgrade Required

Full access to People is available only for users with an active Premium plan.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Citicorp Finance (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Citicorp Finance (India)'s trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Citicorp Finance (India)

Recent Activity within the Organization

Annual General Meeting

Citicorp Finance (India) Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records. was recorded as a recent event.
24 Sep 2025
Director Appointment

The activity Jay Sanjiv Savla was appointed as a Cfo was appointed as a Cfo on 30 Jul 2025 & has been associated with this company since 6 months 28 days . was completed.
30 Jul 2025
Charges

A charge with Citi Bank N.A. of Rs. 3,000.00 Cr registered on 13 Jun 2024 with Charge ID 100945078 was modified on 14 May 2025. was recorded as a recent event.
14 May 2025
Balance Sheet

Citicorp Finance (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.
31 Mar 2025
Director Appointment

Rajesh Jogi Kumar was appointed as a Director was appointed as a Director on 28 Jan 2025 & has been associated with this company since 1 year 27 days . was recorded as a recent event.
28 Jan 2025
Director Appointment

The activity Kakamada Changappa Ponnappa was appointed as a Director was appointed as a Director on 28 Jan 2025 & has been associated with this company since 1 year 27 days . was completed.
28 Jan 2025

Explore recent activity and updates - View Recent Activity