- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0072858

About Citizen Synthetics Private Limited
Data last updated:
Citizen Synthetics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 12 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51310MH2003PTC141716. Its GSTIN is 27AACCC3941P1ZB (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.32 Lakh. It is led by directors Kunal Govindlal Oza and Govind Narayan Oza.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.68 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹15.06 Lakh (net margin 0.3%) and EBITDA of ₹1.43 Cr (EBITDA margin 3.3%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 1% over five years.
The company is associated with 1 brand: Citizen Synthetics. As per MCA filings, the company has open charges of ₹1.25 Cr and satisfied charges of ₹6.5 Cr on record. Court records list 16 cases involving the company, including 14 filed by the company and 2 filed against it; 1 case is pending.
Citizen Synthetics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0072858). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website citizensynthetics.in.
Company details
Recognitions & Rankings of Citizen Synthetics
Contact details
Citizen Synthetics Private Limited's registered office is in Mumbai, Maharashtra. Its website is citizensynthetics.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address111 Shree Shiv Sainath Sra Chsl, Off S V Road Santacruz (West), Mumbai, Maharashtra, India – 400054
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of Citizen Synthetics 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
Citizen Synthetics operates one associated brand: Citizen Synthetics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying of polyester and cotton curtains and fabrics in India. | citizensynthetics.in |
Business activity
The main business activity of Citizen Synthetics is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Citizen Synthetics Private Limited, buy the company report.
Financials of Citizen Synthetics Private Limited
FY 2024 filings availableCitizen Synthetics Private Limited reported revenue of ₹43.68 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 3% fall in the latest year. EBITDA rose 146% 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 | ₹1.43 Cr | ||||
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| Net Profit (PAT) | ₹15.06 Lakh | ||||
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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 | 3.3% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Citizen Synthetics Private Limited, buy the company report.
Board of directors of Citizen Synthetics Private Limited
Citizen Synthetics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Govindlal Oza | Director | 31 Oct 2022 | 4 Years 0 Months | Current |
| Govind Narayan Oza Also directs: City Febtex (India) Private Limited | Director | 12 Aug 2003 | 23 Years 2 Months | Current |
Auditor
Citizen Synthetics Private Limited is audited by J. AJMERA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J. AJMERA AND ASSOCIATES | FY 2023 | 116286W |
Shareholding
The shareholding of Citizen Synthetics 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 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 Citizen Synthetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2024 | 100908515 | Others | ₹1.25 Cr | Open | |
| 28 May 2024 | 100974513 | Others | ₹5 Cr | Satisfied | |
| 12 Nov 2012 | 10390263 | Samata Sahakari Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Citizen Synthetics Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Citizen Synthetics Private Limited has 16 court cases on record: 14 filed by Citizen Synthetics, 2 filed against it. 1 case is pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 2 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against individuals | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against individuals | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against individuals | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against an individual | Disposed |
To see the full case history of Citizen Synthetics 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 Citizen Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Citizen Synthetics has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCC3941P1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Citizen Synthetics Private Limited, buy the company report.
Recent activity
Citizen Synthetics Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Kunal Govindlal Oza ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Citizen Synthetics is an active private limited company based in Mumbai, Maharashtra, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 12 August 2003 (23+ years old) and is registered under CIN U51310MH2003PTC141716.
Citizen Synthetics has 2 current directors:
- Kunal Govindlal Oza - Director
- Govind Narayan Oza - Director
The latest financial statements of Citizen Synthetics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Citizen Synthetics is 27AACCC3941P1ZB, registered in Maharashtra. 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 Citizen Synthetics is U51310MH2003PTC141716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citizen Synthetics has 16 court cases on record: 14 filed by the company and 2 filed against it. 1 is pending.
Citizen Synthetics was incorporated on 12 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Kunal Govindlal Oza ceased to be Additional Director on 29 Sep 2024. Kunal Govindlal Oza was appointed as Director on 31 Oct 2022. Urmila Oza Govind ceased to be Director on 17 Oct 2022. Citizen Synthetics has 4 board changes on record in total.
Yes, Citizen Synthetics is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0072858).
Citizen Synthetics can be reached through the website citizensynthetics.in. Its registered office is in Mumbai, Maharashtra, India.

