Citygold Logistics Limited
About Citygold Logistics Limited
Data last updated:
Citygold Logistics Limited was a public limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 July 2003.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2003PLC042683. Its GSTIN is 24AABCD9680R2ZW (Gujarat). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Dhananjay Housing Limited. It was led by directors including Dhananjay Sanjay Agrawal and Chimanlal Jaigopal Shah.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 3rd Floor Sarthik Annexe Nr. Fun Republic Cinema Satellite Road Satellite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2020, the company reported a revenue of ₹6 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net profit of ₹3.15 Lakh (net margin 52.5%) and EBITDA of ₹4.34 Lakh (EBITDA margin 72.4%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years.
As per MCA filings, the company had satisfied charges of ₹26 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company; 1 case is pending.
Company details
Contact details
Citygold Logistics Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3rd Floor Sarthik Annexe Nr. Fun Republic Cinema Satellite Road Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Citygold Logistics 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
Financials of Citygold Logistics Limited
FY 2020 filings availableCitygold Logistics Limited reported revenue of ₹6 Lakh (down 92% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 92% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA fell 94% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.15 Lakh | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 72.4% | ||||
| Net Profit Margin | 52.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Citygold Logistics Limited, buy the company report.
Board of directors of Citygold Logistics Limited
Citygold Logistics has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhananjay Sanjay Agrawal Also directs: Milestone Plotdevelopers Private Limited, Mprime Premises Private Limited, Ilms Projects Private Limited and 5 more | Director | 30 Mar 2019 | 7 Years 7 Months | As last reported |
| Chimanlal Jaigopal Shah Also directs: Aakash Deep Farms Pvt Ltd, Aakash Varsha Farms Pvt Ltd, City Gold Chemicals Private Limited and 5 more | Director | 16 Jul 2019 | 7 Years 3 Months | As last reported |
| Naishad Rasiklal Dave Also directs: Aakash Varsha Farms Pvt Ltd, City Gold Media Limited, Kailash Darshan Developers (Gujarat) Private Limited and 5 more | Director | 29 Apr 2020 | 6 Years 6 Months | As last reported |
Peer comparison
Citygold Logistics Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Citygold Logistics Limitedthis company | ₹6 Lakh (FY 2020) | ₹3.15 Lakh | 52.5% | -92.0% | Ahmedabad, Gujarat, India | |
| Nilgiri Commercial Estate Private Limited | ₹6 Lakh (FY 2023) | New Delhi, Delhi, India | ||||
| Newfriends Infraheights Private Limited | ₹6 Lakh (FY 2024) | Agra, Uttar Pradesh, India | ||||
| Platinumcorp Affordable Builders Private Limited | ₹6 Lakh (FY 2022) | -33.0% | Mumbai, Maharashtra, India | |||
| Aapka Buildhome Private Limited | ₹6 Lakh (FY 2024) | Jaipur, Rajasthan, India | ||||
| Mangalrashi Realtors Private Limited | ₹6 Lakh (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Lakshmi Ayyappa Infrastructure Private Limited | ₹6 Lakh (FY 2025) | 17.0% | Chennai, Tamil Nadu, India | |||
| Hareshwar Properties Private Limited | ₹6 Lakh (FY 2024) | Mumbai, Maharashtra, India | ||||
| Skill Realtors Private Limited | ₹6 Lakh (FY 2018) | -1.0% | Mumbai, Maharashtra, India | |||
| Candolim Beach Estates Private Limited | ₹6 Lakh (FY 2024) | Calangute, Goa, India | ||||
| Mobox Labs Limited | ₹6 Lakh (FY 2025) | -21.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Citygold Logistics Limited, buy the company report.
Auditor
Citygold Logistics Limited is audited by ASHOK DHARIWAL & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK DHARIWAL & CO | FY 2018 | 100648W |
Shareholding
The shareholding of Citygold Logistics 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 Citygold Logistics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2006 | 10021099 | The Kalupur Commercial Co-Operative Bank Ltd. | ₹17 Cr | Satisfied | |
| 09 Sep 2004 | 90104291 | State Bank of India | ₹9 Cr | Satisfied |
To see the full charge records of Citygold Logistics Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Citygold Logistics Limited has 6 court cases on record: 6 filed by Citygold Logistics. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| NCLT | 1 | 0 | 1 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed by the company against Provogue (India) Limited | Disposed |
| NCLT, Ahmedabad | Court case (C.P.(CAA)) | Filed by the company against an individual | Pending |
| High Court, GUJARAT | Court case (COMP) | Filed by the company | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company | Disposed |
To see the full case history of Citygold Logistics 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 Citygold Logistics Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Citygold Logistics has 2 associated companies. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
GST
Citygold Logistics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCD9680R2ZW | Gujarat | Active | 14 Feb 2021 |
To see the full GST registrations and return filing status of Citygold Logistics Limited, buy the company report.
Recent activity
Citygold Logistics Limited has 12 board changes on record since 2009: 3 appointments and 9 cessations. The latest: Naishad Rasiklal Dave ceased to be Additional Director on 30 Dec 2020.
8 earlier events are in the company report.
Frequently asked questions
Citygold Logistics has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Citygold Logistics was a public limited company based in Ahmedabad, Gujarat, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 July 2003 and is registered under CIN U45201GJ2003PLC042683. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Citygold Logistics was incorporated on 28 July 2003. It is registered with the Registrar of Companies, Ahmedabad.
Citygold Logistics had 3 directors:
- Dhananjay Sanjay Agrawal - Director
- Chimanlal Jaigopal Shah - Director
- Naishad Rasiklal Dave - Director
The CIN (Corporate Identification Number) of Citygold Logistics is U45201GJ2003PLC042683. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Citygold Logistics is at 3rd Floor Sarthik Annexe Nr. Fun Republic Cinema Satellite Road Satellite, Ahmedabad, Gujarat, India – 380015.
The latest financial statements of Citygold Logistics on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Citygold Logistics is 24AABCD9680R2ZW, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Citygold Logistics operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Citygold Logistics by revenue are Nilgiri Commercial Estate Private Limited, Newfriends Infraheights Private Limited, Platinumcorp Affordable Builders Private Limited, Aapka Buildhome Private Limited, Mangalrashi Realtors Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Citygold Logistics has 6 court cases on record: 6 filed by the company. 1 is pending. Most are in the high courts.
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