MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0151161
Citrus Shelters Private Limited - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.53 Cr
▼ 46% YoY
Net loss · FY 2024
₹55.34 Lakh
Net margin -4.8%
EBITDA · FY 2024
-₹55.34 Lakh
EBITDA margin -4.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹13.5 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
About Citrus Shelters Private Limited
Data last updated:
Citrus Shelters Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U41000KA2010PTC055787. Its GSTIN is 29AAECC2319K1ZL (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Citrus Estates Private Limited and Citrus Infra Projects Private Limited. It is led by directors Shashidhar Pai and Kondagulla Subbarao Bharath.
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 106 – 10 – 11 – 12 Amruthahalli Bellary Road, Bangalore, Karnataka, India – 560092.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.53 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹55.34 Lakh (net margin -4.8%) and EBITDA of -₹55.34 Lakh (EBITDA margin -4.8%). Revenue has grown at a compounded annual rate (CAGR) of 587% over three years and 294% over five years.
As per MCA filings, the company has open charges of ₹13.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Citrus Shelters Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0151161). 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
CIN U41000KA2010PTC055787
Registration Number 055787
Incorporation Date 08 November 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0151161
Name history
Citrus Shelters has undergone 5 name changes throughout its history. The current legal name is Citrus Shelters Private Limited.
| Company Name | Status |
|---|---|
| Citrus Shelters Private Limited | Current |
| Citrus Estates Private Limited | Previous |
| Citrus Infra Projects Private Limited | Previous |
| Citrus Water Resources Private Limited | Previous |
| Citrus Realtors Private Limited | Previous |
| Citrus Developers Private Limited | Previous |
Recognitions & Rankings of Citrus Shelters
Contact details
Citrus Shelters Private Limited's registered office is in Bangalore, Karnataka. Its website is citrusventures.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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 Shelters Private Limited, buy the company report.
Comprehensive company report
Citrus Shelters 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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Business activity
The main business activity of Citrus Shelters is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Citrus Shelters Private Limited, buy the company report.
Financials of Citrus Shelters Private Limited
FY 2024 filings availableCitrus Shelters Private Limited reported revenue of ₹11.53 Cr (down 46% YoY) for FY 2024.
Revenue · FY 2024
₹11.53 Cr ▼ 46%
Net loss · FY 2024
₹55.34 Lakh margin -4.8%
EBITDA · FY 2024
-₹55.34 Lakh margin -4.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 46%
3 years · compounded
▲ 587%
5 years · compounded
▲ 294%
EBITDA CAGR growth
1 year
▲ 61%
3 years · compounded
▼ 8%
5 years · compounded
▼ 73%
Revenue fell 46% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 294%. EBITDA rose 61% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Revenue from Operations | |||||
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| Total Expenses | |||||
| EBITDA | -₹55.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹55.34 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.8% | ||||
| Net Profit Margin | -4.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Citrus Shelters Private Limited, buy the company report.
Board of directors of Citrus Shelters Private Limited
Citrus Shelters has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashidhar Pai Also directs: Citrus Ventures Projects LLP, CV Techpark LLP, CV Earth Villas Private Limited and 5 more | Director | 12 Nov 2010 | 16 Years 0 Months | Current |
| Kondagulla Subbarao Bharath | Director | 01 Oct 2013 | 13 Years 1 Months | Current |
Auditor
Citrus Shelters Private Limited is audited by JAIN K SHAJI & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN K SHAJI & ASSOCIATES | FY 2018 | 012617S |
Shareholding
The shareholding of Citrus Shelters Private 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) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Citrus Shelters Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Sep 2017 | 100176795 | Others | ₹13.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Citrus Shelters Private Limited has 1 court case on record: 1 filed by Citrus Shelters. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed by the company against Bangalore Water Supply and Sewerage Board and 2 others | Disposed |
To see the full case history of Citrus Shelters 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 Shelters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Citrus Shelters has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECC2319K1ZL | Karnataka | Active | 22 May 2018 |
To see the full GST registrations and return filing status of Citrus Shelters Private Limited, buy the company report.
Recent activity
Citrus Shelters 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.
AGM
Citrus Shelters Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Citrus Shelters Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 1,350.00 Lakh with Charge ID 100176795 was registered on 01 Sep 2017.
Ceased
Vinod Sudhindran Menon Kumar ceased to be Director.
Ceased
Jabbar Tanveer ceased to be Director.
Ceased
Kondagulla Subbarao Bharath ceased to be Additional Director.
Appointed
Kondagulla Subbarao Bharath was appointed as Director.
Ceased
Lakshmi Narayana Murthy ceased to be Director.
Ceased
Shashidhar Pai ceased to be Additional Director.
Ceased
Keerti Pai ceased to be Director.
Appointed
Shashidhar Pai was appointed as Director.
Incorporation
08 Nov 2010
Citrus Shelters Private Limited was registered on 08 Nov 2010 with Roc Bangalore & aged 16 years 4 days as per MCA records.
Frequently asked questions
Citrus Shelters 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 08 November 2010 (16+ years old) and is registered under CIN U41000KA2010PTC055787.
Citrus Shelters has 2 current directors:
- Shashidhar Pai - Director
- Kondagulla Subbarao Bharath - Director
The latest financial statements of Citrus Shelters 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 Citrus Shelters is 29AAECC2319K1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Citrus Shelters is U41000KA2010PTC055787. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citrus Shelters has 1 court case on record: 1 filed by the company.
Citrus Shelters was incorporated on 08 November 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 30 Sep 2014. Citrus Shelters has 8 board changes on record in total.
Yes, Citrus Shelters is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0151161).
Citrus Shelters can be reached through the website citrusventures.in. Its registered office is in Bangalore, Karnataka, India.
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