About Citrus Check-Inns Limited
Data last updated:
Citrus Check-Inns Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 26 September 2011.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2011PLC222394. Its GSTIN is 27AAECC5606P2ZA (Maharashtra). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Natarajan Venkatraman and Omprakash Basantlal Goenka.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2015, the company reported a revenue of ₹393.56 Cr, a growth of 80% compared to the previous year. For the same year it recorded a net loss of ₹31.22 Cr (net margin -7.9%) and EBITDA of -₹29.56 Cr (EBITDA margin -7.5%).
The company has about 6 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹2.3 Cr on record. Court records list 25 cases involving the company, including 25 filed against it; 10 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in December 2012.
The last known website on record is citruscheckinns.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address16 – 19 Shilpin Center 1st Floor 40 G. D. Ambedkar Marg Wada, La, Mumbai, Maharashtra, India – 400031
- IndustryTravel and Hospitality, Hotel & Accommodation Services
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Citrus Check-Inns is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Citrus Check-Inns Limited
FY 2015 filings availableCitrus Check-Inns Limited reported revenue of ₹393.56 Cr (up 80% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 80% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | ₹393.56 Cr |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | -₹29.56 Cr |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | -₹31.22 Cr |
| Balance Sheet | |
| Share Capital | •••• |
| Reserves and Surplus | •••• |
| Net Worth (Total Equity) | •••• |
| Long-term Borrowings | •••• |
| Short-term Borrowings | •••• |
| Trade Payables | •••• |
| Total Liabilities | •••• |
| Fixed Assets | •••• |
| Investments | •••• |
| Inventories | •••• |
| Trade Receivables | •••• |
| Cash and Bank Balance | •••• |
| Total Assets | •••• |
Financial Ratios
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -7.5% |
| Net Profit Margin | -7.9% |
| Return on Equity (ROE) | •••• |
| Return on Capital Employed (ROCE) | •••• |
| Return on Assets (ROA) | •••• |
| Liquidity and Debt | |
| Current Ratio | •••• |
| Quick Ratio | •••• |
| Debt-to-Equity Ratio | •••• |
| Interest Coverage Ratio | •••• |
| Efficiency and Growth | |
| Asset Turnover | •••• |
| Receivable Days | •••• |
| Payable Days | •••• |
| Inventory Days | •••• |
| Revenue Growth | •••• |
| Net Profit Growth | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Citrus Check-Inns are in the company report.
: available in the company report
Board of Directors of Citrus Check-Inns Limited
Citrus Check-Inns has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Natarajan Venkatraman Also directs: Citrus Resorts Bengaluru Private Limited, Mirah Realtors Private Limited, Twinkle Enviro-Tech Private Limited and 2 more | Director | 26 Sep 2011 | 15 Years 0 Months | As last reported |
| Omprakash Basantlal Goenka Also directs: Colossus Developers LLP, Essence Conwell Private Limited, Mirah Hospitality & Food Solutions Private Limited and 5 more | Director | 26 Sep 2011 | 15 Years 0 Months | As last reported |
| Prakash Ganpat Utekar Also directs: Citrus Resorts Bengaluru Private Limited, Mirah Realtors Private Limited, Twinkle Enviro-Tech Private Limited and 1 more | Director | 26 Sep 2011 | 15 Years 0 Months | As last reported |
| Narayan Shivram Kotnis | Director | 26 Sep 2011 | 15 Years 0 Months | As last reported |
Auditor Details
Citrus Check-Inns Limited is audited by S. Chandulal & Co. for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. Chandulal & Co. | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jun 2013 | Religare Finvest Limited | ₹2.3 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding
Citrus Check-Inns Limited has 1 deal on record (1 secondary share transfer); the latest was in December 2012.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2012 | Secondary share transfer | Undisclosed | Buyer: Forevision Enterprises Private Limited , Yashila Enterprises Private Limited , Prescient Enterprises Private Limited Seller: 2 individuals |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Citrus Check-Inns Limited has 25 court cases on record: 25 filed against it. 10 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 14 | 6 |
| Supreme Court | 6 | 6 | 4 |
| High courts | 5 | 5 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Leila Trading Ltd | Disposed |
| Bombay High Court | Commercial suit | Filed against the company by Leila Trading Ltd | Disposed |
| Bombay High Court | Court case (CHOL) | Filed against the company by Leila Trading Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL CASE) | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Court case (R.C.C.) | Filed against the company | Pending |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Citrus Check-Inns.
: available in the company report
Group Structure
Citrus Check-Inns has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2015. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Mirah Realtors Private Limited | U70101MH2000PTC126546 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity
Citrus Check-Inns Limited has 4 board changes on record since 2011: 4 appointments. The latest: Narayan Shivram Kotnis was appointed as Director on 26 Sep 2011.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Citrus Check-Inns has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECC5606P2ZA | Maharashtra | Active | 06 Feb 2021 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Citrus Check-Inns is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Citrus Check-Inns is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 26 September 2011 and is registered under CIN U55101MH2011PLC222394. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Citrus Check-Inns has 4 current directors:
- Natarajan Venkatraman - Director
- Omprakash Basantlal Goenka - Director
- Prakash Ganpat Utekar - Director
- Narayan Shivram Kotnis - Director
The latest financial statements of Citrus Check-Inns on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Citrus Check-Inns is U55101MH2011PLC222394. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citrus Check-Inns has open charges of ₹2.3 Cr and no satisfied charges on record as per latest MCA filings.
Citrus Check-Inns has 25 court cases on record: 25 filed against it. 10 are pending. Most are in the district courts.
Citrus Check-Inns was incorporated on 26 September 2011. It is registered with the Registrar of Companies, Mumbai.
Citrus Check-Inns has 1 deal on record (1 secondary share transfer); the latest was in December 2012.
Narayan Shivram Kotnis was appointed as Director on 26 Sep 2011. Natarajan Venkatraman was appointed as Director on 26 Sep 2011. Omprakash Basantlal Goenka was appointed as Director on 26 Sep 2011. Citrus Check-Inns has 4 board changes on record in total.