Citicorp Services India Private Limited
About Citicorp Services India Private Limited
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Citicorp Services India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Citibank Overseas Investment. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2009FTC192938. Its GSTIN is 27AADCC6705C1Z1 (Maharashtra). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹250 Cr and a paid-up capital of ₹106.53 Cr. It was formerly known as Citicorp Services India Limited. It is led by directors including Mohdamin Abdulsattar Kasmani and Vikram Subrahmanyam.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B6 7th Floor Nirlon Knowledge Park Goregaon (East), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹13,842 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1,308.5 Cr (net margin 9.5%) and EBITDA of ₹2,393.6 Cr (EBITDA margin 17.3%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 26% over five years.
The company has about 28,685 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Citicorp Finance. As per MCA filings, the company has open charges of ₹600 Cr on record. Court records list 23 cases involving the company, including 4 filed by the company and 19 filed against it; 15 cases are pending. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹102.53 Cr; the latest was in November 2012. The company has 13 MSME Form 1 returns on record between 2017 and 2023, listing 689 overdue payments to 33 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Citicorp Services India has one previous CIN (Corporate Identification Number): U72900MH2009FLC192938. The current CIN is U72900MH2009FTC192938, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900MH2009FTC192938 | Current |
| U72900MH2009FLC192938 | Previous |
Contact details
Citicorp Services India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB6 7th Floor Nirlon Knowledge Park Goregaon (East), Mumbai, Maharashtra, India – 400063
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Citicorp Services India 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
Brands
Citicorp Services India operates one associated brand: Citicorp Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive credit union banking services for individuals and businesses. | citicorpfinance.co.in |
Business activity
The main business activity of Citicorp Services India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Citicorp Services India Private Limited, buy the company report.
Financials of Citicorp Services India Private Limited
FY 2025 filings availableCiticorp Services India Private Limited reported revenue of ₹13,842 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 12% growth in the latest year. EBITDA rose 20% 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 | ₹2,393.6 Cr | ||||
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| Net Profit (PAT) | ₹1,308.5 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 | 17.3% | ||||
| Net Profit Margin | 9.5% | ||||
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To see the full financial statements and ratios of Citicorp Services India Private Limited, buy the company report.
Board of directors of Citicorp Services India Private Limited
Citicorp Services India has 4 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohdamin Abdulsattar Kasmani Also directs: Orbitech Private Limited | Director | 22 Oct 2020 | 6 Years 0 Months | Current |
| Vikram Subrahmanyam | Director | 03 Dec 2013 | 12 Years 10 Months | Current |
| Rakesh Das | Director | 03 Dec 2013 | 12 Years 10 Months | Current |
| Ganesh Baliga | Director | 18 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Citicorp Services India Private Limited is audited by M S K A & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2022 | 105047W |
Shareholding
The shareholding of Citicorp Services India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Citicorp Services India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2023 | 100674252 | Citi Bank N.A. | ₹600 Cr | Open |
To see the full charge records of Citicorp Services India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Citicorp Services India Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹102.53 Cr; the latest was in November 2012.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2012 | Funding round | ₹81.92 Cr | Investors: Citi Bank Overseas Investment Corporation |
| Apr 2010 | Funding round | ₹20.47 Cr | Investors: Citi Bank Overseas Investment Corporation |
| Jul 2009 | Funding round | ₹14.6 Lakh | Investors: Citi Bank Overseas Investment Corporation |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Citicorp Services India Private Limited has 23 court cases on record: 4 filed by Citicorp Services India, 19 filed against it. 15 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 15 | 9 |
| High courts | 7 | 4 | 6 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Civil suit | Filed by the company against Noida Cyberpark Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Chamber Summons) | Filed against the company by an individual | Pending |
| High Court | Court case (MVXA) | Filed against the company by The Additional Commissioner of State Tax Vat-I, M.S. Mumbai | Pending |
| High Court | Court case (MVXA) | Filed against the company by The Additional Commissioner of State Tax Vat I M.S. Mumbai | Pending |
To see the full case history of Citicorp Services India 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
Citicorp Services India Private Limited has 13 MSME Form 1 returns on record between 2017 and 2023, listing 689 overdue payments to 33 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 33)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Work Store Private Limited | |||
| Oktobuzz Digital Solutions Private Limited | |||
| an individual supplier | |||
| Infrasoft Technologies Limited | |||
| Novel Financial Solutions Private Limited |
To see the full MSME payment records of Citicorp Services India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Citicorp Services India Private Limited has a workforce of 28,685 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Citicorp Services India has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC6705C1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 27AADCC6705C7ZV | Maharashtra | Active | 01 Jul 2017 |
| 06AADCC6705C1Z5 | Haryana | Active | 01 Jul 2017 |
| 09AADCC6705C6ZU | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Citicorp Services India Private Limited, buy the company report.
Recent activity
Citicorp Services India Private Limited has 33 board changes on record since 2009: 5 appointments and 28 cessations. The latest: Arindam Mukhopadhyay ceased to be Additional Director on 28 Sep 2025.
26 earlier events are in the company report.
News
Frequently asked questions
Citicorp Services India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 June 2009 (17+ years old) and is registered under CIN U72900MH2009FTC192938.
Citicorp Services India has 4 current directors:
- Mohdamin Abdulsattar Kasmani - Director
- Vikram Subrahmanyam - Director
- Rakesh Das - Director
- Ganesh Baliga - Director
The latest financial statements of Citicorp Services India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Citicorp Services India is 27AADCC6705C1Z1, registered in Maharashtra. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 27AADCC6705C7ZV (Maharashtra), 06AADCC6705C1Z5 (Haryana), 09AADCC6705C6ZU (Uttar Pradesh).
The CIN (Corporate Identification Number) of Citicorp Services India is U72900MH2009FTC192938. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citicorp Services India has 23 court cases on record: 4 filed by the company and 19 filed against it. 15 are pending. Most are in the district courts.
Citicorp Services India was incorporated on 02 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Citicorp Services India has 3 deals on record (3 funding rounds), with disclosed funding of ₹102.53 Cr; the latest was in November 2012.
Arindam Mukhopadhyay ceased to be Additional Director on 28 Sep 2025. Ganesh Baliga ceased to be Additional Director on 28 Sep 2025. Ganesh Baliga was appointed as Director on 18 Jun 2025. Citicorp Services India has 33 board changes on record in total.
Citicorp Services India has 13 MSME Form 1 returns on record between 2017 and 2023, listing 689 overdue payments to 33 micro and small suppliers. The latest return was filed on 20 Oct 2023.
The registered office of Citicorp Services India is at B6 7th Floor Nirlon Knowledge Park Goregaon East, Mumbai, Maharashtra, India – 400063.
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