Citizen Yarns Limited
About Citizen Yarns Limited
Data last updated:
Citizen Yarns Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 03 May 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L17119GJ1990PLC013708. It is recorded as listed by MCA, but its shares were delisted from BSE on 23 Nov 2023 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.15 Cr. It is led by directors including Rajubhai Bababhai Desai and Sangitaben Mukeshbhai Limbachiya.
Its last annual general meeting (AGM) was held on 30 August 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Ul – 10 Ankur Complex B/H. Town Hall Opp. X – Ray House Ellisbridge, Ahmedabad, Gujarat, India – 380006.
The company is associated with 1 brand: Citizens Yarns. As per MCA filings, the company has open charges of ₹4.99 Cr on record. Court records list 26 cases involving the company, including 2 filed by the company and 24 filed against it. The company has 46 deals on record (46 market trades); the latest was in November 2017.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Citizen Yarns Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressUl – 10 Ankur Complex B/H. Town Hall Opp. X – Ray House Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Citizen Yarns 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 Yarns operates one associated brand: Citizens Yarns. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information available | citizenyarns.com |
Financials of Citizen Yarns Limited
FY 2019 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Citizen Yarns Limited, buy the company report.
Board of directors of Citizen Yarns Limited
Citizen Yarns has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajubhai Bababhai Desai | Director | 25 Jan 2001 | 25 Years 9 Months | Current |
| Sangitaben Mukeshbhai Limbachiya | Director | 31 Mar 2015 | 11 Years 7 Months | Current |
| Hariprasad Govindram Khetan Also directs: Gujarat Winding Systems Limited | Director | 05 Jan 2006 | 20 Years 9 Months | Current |
Auditor
Citizen Yarns Limited is audited by ARPIT SHAH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARPIT SHAH & CO | FY 2018 | 123004W |
Shareholding
The shareholding of Citizen Yarns Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
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| Others |
To see the full shareholding pattern of Citizen Yarns Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Apr 1996 | 90100467 | Bank of India | ₹1.25 Cr | Open | |
| 05 Jan 1993 | 90097666 | Gujrat Industrial Investment Corporation Ltd | ₹1.42 Cr | Open | |
| 28 Aug 1992 | 90100268 | Bank of India | ₹49 Lakh | Open | |
| 16 Oct 1991 | 90097531 | Gujrat Industrial Investment Coporation Ltd. | ₹14 Lakh | Open | |
| 21 Aug 1991 | 90097510 | Bank of India | ₹25 Lakh | Open |
To see the full charge records of Citizen Yarns Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Citizen Yarns Limited has 46 deals on record (46 market trades); the latest was in November 2017.
Deals on record (5 of 46)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2017 | Market trade | ₹70,000 | Buyer: an individual Seller: 3 individuals |
| Nov 2016 | Market trade | ₹2.2 Lakh | Buyer: 2 individuals Seller: 2 individuals |
| Oct 2016 | Market trade | ₹80,000 | Seller: an individual |
| Oct 2016 | Market trade | ₹3.8 Lakh | Buyer: 2 individuals Seller: 2 individuals |
| Oct 2016 | Market trade | ₹5.3 Lakh | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of Citizen Yarns 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
Citizen Yarns Limited has 26 court cases on record: 2 filed by Citizen Yarns, 24 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 24 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Fortis Financial Services Ltd | Disposed |
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed against the company by Esi Corporation | Disposed |
| District court, GANDHINAGAR, Gujarat | Court case (CMA DC) | Filed against the company by Gujarat State Finance Co. | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Registrar of Companies | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The Registrar of Companies | Disposed |
To see the full case history of Citizen Yarns 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 Yarns Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Citizen Yarns Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Citizen Yarns Limited has 11 board changes on record since 1998: 7 appointments and 4 cessations. The latest: Ankur Hariprasad Khetan ceased to be Director on 15 May 2015.
14 earlier events are in the company report.
Frequently asked questions
Citizen Yarns is an active public limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 03 May 1990 (36+ years old) and is registered under CIN L17119GJ1990PLC013708.
Citizen Yarns has 3 current directors:
- Rajubhai Bababhai Desai - Director
- Sangitaben Mukeshbhai Limbachiya - Director
- Hariprasad Govindram Khetan - Director
The latest financial statements of Citizen Yarns on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 August 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Citizen Yarns is L17119GJ1990PLC013708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citizen Yarns is recorded as a listed company by MCA, but its shares were delisted from BSE on 23 Nov 2023 · compulsory delisting, and no longer trade on a stock exchange.
Citizen Yarns has 26 court cases on record: 2 filed by the company and 24 filed against it. Most are in the district courts.
Citizen Yarns was incorporated on 03 May 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Citizen Yarns has 46 deals on record (46 market trades); the latest was in November 2017.
Ankur Hariprasad Khetan ceased to be Director on 15 May 2015. Hitesh Hasmukhbhai Parekh ceased to be Director on 15 May 2015. Sangitaben Mukeshbhai Limbachiya was appointed as Director on 31 Mar 2015. Citizen Yarns has 11 board changes on record in total.
The registered office of Citizen Yarns is at Ul – 10 Ankur Complex BH. Town Hall Opp. X – Ray House Ellisbridge, Ahmedabad, Gujarat, India – 380006.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
