MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0037413
Citoc Ventures Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹36.03 Cr
▲ 18% YoY
Net profit · FY 2025
₹8.67 Cr
Net margin 24.1%
EBITDA · FY 2025
₹16.25 Cr
EBITDA margin 45.1%
Authorised capital
₹70 Lakh
Registered with MCA
Paid-up capital
₹11.69 Lakh
Issued & subscribed
Open charges
₹26.96 Cr
Satisfied ₹95 Lakh
Company age
29 yrs
Est. 1997
Employees · EPFO
49
Provident fund records
About Citoc Ventures Private Limited
Data last updated:
Citoc Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Citoc Ventures Mauritius Ltd. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 14 October 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1997PTC111264. Its GSTIN is 27AACCM2244D1ZW (Maharashtra). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹11.69 Lakh. It was formerly known as Maskara Filaments Private Limited. It is led by directors including Pankaj Maskara and Subodh Maskara.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 128 Jolly Maker Chambers II Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.03 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹8.67 Cr (net margin 24.1%) and EBITDA of ₹16.25 Cr (EBITDA margin 45.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 5% over five years.
The company has about 49 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Citoc Group. As per MCA filings, the company has open charges of ₹26.96 Cr and satisfied charges of ₹95 Lakh on record. Court records list 13 cases involving the company, including 2 filed by the company and 11 filed against it; 9 cases are pending.
Citoc Ventures Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0037413). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website citoc.in.
Company details
CIN U17110MH1997PTC111264
Registration Number 111264
Incorporation Date 14 October 1997
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Citoc Ventures Mauritius Ltd
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0037413
Recognitions & Rankings of Citoc Ventures
Contact details
Citoc Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its website is citoc.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address128 Jolly Maker Chambers II Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Citoc Ventures Private Limited, buy the company report.
Comprehensive company report
Citoc Ventures Private Limited - one report that includes everything
- 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
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Brands
Citoc Ventures operates one associated brand: Citoc Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Strategic investments are made in diverse industries by Citoc Group. | citoc.in |
Business activity
The main business activity of Citoc Ventures is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Citoc Ventures Private Limited, buy the company report.
Financials of Citoc Ventures Private Limited
FY 2025 filings availableCitoc Ventures Private Limited reported revenue of ₹36.03 Cr (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹36.03 Cr ▲ 18%
Net profit · FY 2025
₹8.67 Cr margin 24.1%
EBITDA · FY 2025
₹16.25 Cr margin 45.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 5%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▼ 2%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 18% growth in the latest year. EBITDA rose 29% 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 | ₹16.25 Cr | ||||
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| Net Profit (PAT) | ₹8.67 Cr | ||||
| Balance Sheet | |||||
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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 | 45.1% | ||||
| Net Profit Margin | 24.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Citoc Ventures Private Limited, buy the company report.
Board of directors of Citoc Ventures Private Limited
Citoc Ventures has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Maskara Also directs: Citoc Investment Services Private Limited, Yunik Managing Advisors Limited, 3I Publishing Private Limited and 1 more | Director | 29 May 2013 | 13 Years 4 Months | Current |
| Subodh Maskara Also directs: Citoc Investment Services LLP, Citoc Real Estate Holdings LLP, Gallery Maskara LLP and 4 more | Director | 06 Jun 2008 | 18 Years 4 Months | Current |
| Abhay Maskara Also directs: Citoc Investment Services LLP, Citoc Real Estate Holdings LLP, Gallery Maskara LLP and 1 more | Director | 28 Jan 2021 | 5 Years 9 Months | Current |
Auditor
Citoc Ventures Private Limited is audited by S K H D & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K H D & Associates | FY 2023 | 105929W |
Shareholding
The shareholding of Citoc Ventures 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 Citoc Ventures Private Limited, buy the company report.
Charges & borrowings
Open charges
₹26.96 Cr
Satisfied charges
₹95 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 2025 | 101061121 | Hdfc Bank Limited | ₹24 Lakh | Open | |
| 01 Jan 2025 | 101029935 | Hdfc Bank Limited | ₹2.7 Cr | Open | |
| 22 Mar 2024 | 100899767 | Others | ₹2.76 Cr | Open | |
| 23 Jun 2022 | 100589536 | Hdfc Bank Limited | ₹88.62 Lakh | Open | |
| 13 Jul 2021 | 100458958 | Hdfc Bank Limited | ₹34.99 Lakh | Open |
To see the full charge records of Citoc Ventures Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Citoc Ventures Private Limited has 13 court cases on record: 2 filed by Citoc Ventures, 11 filed against it. 9 cases are pending and 4 are disposed.
Total cases
13
Filed by the company
2
Filed against the company
11
Pending
9
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 10 | 10 | 8 |
| District courts | 1 | 0 | 1 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Ellison Oil Field Services Pvt Ltd | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Ellison Oil Field Services Pvt Ltd | Pending |
| Supreme Court | Appeal | Filed against the company by Ellison Oil Field Services Pvt Ltd | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Ellison Oil Field Services Pvt Ltd | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Ellison Oil Field Services Pvt Ltd | Disposed |
To see the full case history of Citoc Ventures 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
Citoc Ventures Private Limited has 3 MSME Form 1 returns on record between 2018 and 2019, listing 18 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Litmus World Marketing Technologies Private Limited |
To see the full MSME payment records of Citoc Ventures Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Citoc Ventures has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Stecol International Private Limited | U27100MH2008PTC180442 | |
| Imperial Procurement & Sevices Limited | U45203TN1990PLC026337 |
To see the full group structure of Citoc Ventures Private Limited, buy the company report.
Employees & EPFO
Citoc Ventures Private Limited has a workforce of 49 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
49
Active EPFO establishments
1
Employee growth
11.36%
GST
Citoc Ventures has 6 GST registrations: 1 active and 5 cancelled or inactive.
Total GSTINs
6
Active
1
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM2244D1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Citoc Ventures Private Limited, buy the company report.
Recent activity
Citoc Ventures Private Limited has 13 board changes on record since 1997: 8 appointments and 5 cessations. The latest: Abhay Maskara was appointed as Director on 28 Jan 2021.
AGM
Citoc Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Citoc Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 24.00 Lakh with Charge ID 101061121 was registered on 11 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 270.00 Lakh with Charge ID 101029935 was registered on 01 Jan 2025.
Charges
A charge with Others amounted to Rs. 276.00 Lakh with Charge ID 100899767 was registered on 22 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 88.62 Lakh with Charge ID 100589536 was registered on 23 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 34.99 Lakh with Charge ID 100458958 was registered on 13 Jul 2021.
Charges
A charge with Others amounted to Rs. 67.20 Lakh with Charge ID 100468020 was registered on 08 Jun 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 1,899.91 Lakh with Charge ID 100445595 was registered on 21 May 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 35.00 Lakh with Charge ID 100414635 was registered on 01 Feb 2021.
Appointed
Abhay Maskara was appointed as Director.
Ceased
Kamal Singh Baid ceased to be Director.
14 earlier events are in the company report.
Frequently asked questions
Citoc Ventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 14 October 1997 (29+ years old) and is registered under CIN U17110MH1997PTC111264.
Citoc Ventures has 3 current directors:
- Pankaj Maskara - Director
- Subodh Maskara - Director
- Abhay Maskara - Director
The latest financial statements of Citoc Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Citoc Ventures is 27AACCM2244D1ZW, registered in Maharashtra. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of Citoc Ventures is U17110MH1997PTC111264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citoc Ventures has 13 court cases on record: 2 filed by the company and 11 filed against it. 9 are pending. Most are in the nclat.
Citoc Ventures was incorporated on 14 October 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Abhay Maskara was appointed as Director on 28 Jan 2021. Kamal Singh Baid ceased to be Director on 23 Feb 2017. Nandita Das ceased to be Director on 10 Dec 2013. Citoc Ventures has 13 board changes on record in total.
Yes, Citoc Ventures is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0037413).
Citoc Ventures has 3 MSME Form 1 returns on record between 2018 and 2019, listing 18 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
Citoc Ventures can be reached through the website citoc.in. Its registered office is in Mumbai, Maharashtra, India.