About Citrus Properties Private Limited
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Citrus Properties Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Citrus Ventures Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70101KA2010PTC054704. Its GSTIN is 29AAECC0859Q1Z0 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shashidhar Pai and Kondagulla Subbarao Bharath.
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 106 – 10 – 11 – 12 Amruthahalli Bellary Road, Bangalore, Karnataka, India – 560092.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.09 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹4.04 Cr and EBITDA of -₹2.11 Cr. Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 38% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website citrusventures.in.
Company details
Contact details
Citrus Properties Private Limited's registered office is in Bangalore, Karnataka. Its website is citrusventures.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address106 – 10 – 11 – 12 Amruthahalli Bellary Road, Bangalore, Karnataka, India – 560092
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Citrus Properties 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
Business activity
The main business activity of Citrus Properties is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Citrus Properties Private Limited, buy the company report.
Financials of Citrus Properties Private Limited
FY 2025 filings availableCitrus Properties Private Limited reported revenue of ₹2.09 Lakh (down 26% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 26% fall in the latest year. EBITDA fell 385% 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
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| EBITDA | -₹2.11 Cr | ||||
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| Net Profit (PAT) | -₹4.04 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Citrus Properties Private Limited, buy the company report.
Board of directors of Citrus Properties Private Limited
Citrus Properties has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashidhar Pai Also directs: Citrus Ventures Projects LLP, CV Techpark LLP, Citrus Shelters Private Limited and 5 more | Director | 12 Nov 2010 | 15 Years 11 Months | Current |
| Kondagulla Subbarao Bharath | Director | 01 Oct 2013 | 13 Years 0 Months | Current |
Auditor
Citrus Properties Private Limited is audited by P D SARANG & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P D SARANG & ASSOCIATES | FY 2020 | 013423S |
Shareholding
The shareholding of Citrus Properties Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Citrus Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2017 | 100081278 | Others | ₹15 Cr | Open |
To see the full charge records of Citrus Properties Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Citrus Properties Private Limited has 4 court cases on record: 4 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 4 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by individuals | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Citrus Properties 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 Citrus Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Citrus Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECC0859Q1Z0 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Citrus Properties Private Limited, buy the company report.
Recent activity
Citrus Properties Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Vinod Sudhindran Menon Kumar ceased to be Director on 31 Aug 2017.
1 earlier event is in the company report.
Frequently asked questions
Citrus Properties is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 06 August 2010 (16+ years old) and is registered under CIN U70101KA2010PTC054704.
Citrus Properties has 2 current directors:
- Shashidhar Pai - Director
- Kondagulla Subbarao Bharath - Director
The latest financial statements of Citrus Properties 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 Citrus Properties is 29AAECC0859Q1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Citrus Properties is U70101KA2010PTC054704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citrus Properties has 4 court cases on record: 4 filed against it. 4 are pending.
Citrus Properties was incorporated on 06 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Vinod Sudhindran Menon Kumar ceased to be Director on 31 Aug 2017. Jabbar Tanveer ceased to be Director on 05 Jan 2015. Kondagulla Subbarao Bharath ceased to be Additional Director on 28 Aug 2014. Citrus Properties has 8 board changes on record in total.
Citrus Properties can be reached through the website citrusventures.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Citrus Properties is at 106 – 10 – 11 – 12 Amruthahalli Bellary Road, Bangalore, Karnataka, India – 560092.