MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0084717
Citadel Propcon Private Limited - real estate in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹30.98 Cr
▲ 42% YoY
Net profit · FY 2024
₹6.15 Cr
Net margin 19.9%
EBITDA · FY 2024
₹11.45 Cr
EBITDA margin 37%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹13.63 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Directors on board
5
As per MCA filings
About Citadel Propcon Private Limited
Data last updated:
Citadel Propcon Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 06 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70100KA2010PTC055070. Its GSTIN is 29AAECC1446M1ZF (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Krishnan Chandrasekharan Unni (Managing Director) and Sarala Chandrashekaran Unni.
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 1007 Sujaya Hal 2nd Stage 13th Main 2nd Cross Indiranagar, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.98 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹6.15 Cr (net margin 19.9%) and EBITDA of ₹11.45 Cr (EBITDA margin 37%). Revenue has grown at a compounded annual rate (CAGR) of 14% over five years.
As per MCA filings, the company has open charges of ₹13.63 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 2 cases are pending.
Citadel Propcon Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0084717). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website citadelnetinc.com.
Company details
CIN U70100KA2010PTC055070
Registration Number 055070
Incorporation Date 06 September 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0084717
Key People
Krishnan Chandrasekharan Unni Managing Director Sarala Chandrashekaran Unni Director Priyanka Raj Director Recognitions & Rankings of Citadel Propcon
Contact details
Citadel Propcon Private Limited's registered office is in Bangalore, Karnataka. Its website is citadelnetinc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1007 Sujaya Hal 2nd Stage 13th Main 2nd Cross Indiranagar, Bangalore, Karnataka, India – 560008
- IndustryReal Estate, Real Estate Leasing, Contractual Work
To see the full contact details of Citadel Propcon Private Limited, buy the company report.
Comprehensive company report
Citadel Propcon 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 Citadel Propcon is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Citadel Propcon Private Limited, buy the company report.
Financials of Citadel Propcon Private Limited
FY 2024 filings availableCitadel Propcon Private Limited reported revenue of ₹30.98 Cr (up 42% YoY) for FY 2024.
Revenue · FY 2024
₹30.98 Cr ▲ 42%
Net profit · FY 2024
₹6.15 Cr margin 19.9%
EBITDA · FY 2024
₹11.45 Cr margin 37%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 42%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 244%
5 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 42% growth in the latest year. EBITDA rose 244% 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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| EBITDA | ₹11.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.15 Cr | ||||
| Balance Sheet | |||||
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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 | 37% | ||||
| Net Profit Margin | 19.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Citadel Propcon Private Limited, buy the company report.
Board of directors of Citadel Propcon Private Limited
Citadel Propcon has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarala Chandrashekaran Unni | Director | 06 Sep 2010 | 16 Years 2 Months | Current |
| Priyanka Raj | Director | 21 Oct 2022 | 4 Years 0 Months | Current |
| Prasanna Narayan Rao Also directs: Assetshare Axis Private Limited, Citadel Networks Private Limited, Gill Sense Private Limited and 1 more | Director | 19 Dec 2017 | 8 Years 10 Months | Current |
| Sadashivan Chandrashekaran Unni Also directs: Assetshare Axis Private Limited, Citadel Networks Private Limited | Director | 19 Dec 2017 | 8 Years 10 Months | Current |
| Krishnan Chandrasekharan Unni Also directs: Crestelle Novaquest Services LLP, Covico Hospitality Private Limited, Roomrr Connect Private Limited and 2 more | Managing Director | 06 Sep 2010 | 16 Years 2 Months | Current |
Auditor
Citadel Propcon Private Limited is audited by J.Seshachalapathi & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.Seshachalapathi & Co | FY 2023 | 217690 |
Shareholding
The shareholding of Citadel Propcon 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 Citadel Propcon Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.63 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 May 2025 | 101091443 | Others | ₹31.3 Lakh | Open | |
| 31 Jan 2025 | 101050486 | Others | ₹55 Lakh | Open | |
| 13 Sep 2024 | 101027569 | Axis Bank Limited | ₹20.74 Lakh | Open | |
| 26 Jul 2024 | 100955646 | Axis Bank Limited | ₹1.08 Cr | Open | |
| 19 Jun 2024 | 100975878 | Axis Bank Limited | ₹25.41 Lakh | Open |
Total charge records: 14 View all charges
Legal cases
Citadel Propcon Private Limited has 7 court cases on record: 5 filed by Citadel Propcon, 2 filed against it. 2 cases are pending and 5 are disposed.
Total cases
7
Filed by the company
5
Filed against the company
2
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 1 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (COP) | Filed by the company against Netra Software Technologies Pvt Ltd | Disposed |
| High Court | Arbitration matter | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Citadel Propcon 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 Citadel Propcon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Citadel Propcon has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECC1446M1ZF | Karnataka | Active | 01 Jul 2017 |
| 27AAECC1446M1ZJ | Maharashtra | Active | 07 Sep 2017 |
| 36AAECC1446M1ZK | Telangana | Active | 20 Dec 2018 |
| 06AAECC1446M1ZN | Haryana | Active | 11 Feb 2023 |
To see the full GST registrations and return filing status of Citadel Propcon Private Limited, buy the company report.
Recent activity
Citadel Propcon Private Limited has 8 board changes on record since 2010: 5 appointments and 3 cessations. The latest: Priyanka Raj ceased to be Additional Director on 27 Sep 2023.
Charges
A charge with Others amounted to Rs. 0.31 Cr with Charge ID 101091443 was registered on 12 May 2025.
Charges
A charge with Others amounted to Rs. 0.55 Cr with Charge ID 101050486 was registered on 31 Jan 2025.
AGM
Citadel Propcon Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.21 Cr with Charge ID 101027569 was registered on 13 Sep 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.08 Cr with Charge ID 100955646 was registered on 26 Jul 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100975878 was registered on 19 Jun 2024.
Filing
Citadel Propcon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.42 Cr with Charge ID 100937603 was registered on 11 Mar 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.29 Cr with Charge ID 100926834 was registered on 26 Feb 2024.
Ceased
Priyanka Raj ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 0.22 Cr with Charge ID 100720500 was registered on 15 May 2023.
Charges
A charge with Others amounted to Rs. 1.36 Cr with Charge ID 100720268 was registered on 15 May 2023.
13 earlier events are in the company report.
Frequently asked questions
Citadel Propcon is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 06 September 2010 (16+ years old) and is registered under CIN U70100KA2010PTC055070.
Citadel Propcon has 5 current directors:
- Krishnan Chandrasekharan Unni - Managing Director
- Sarala Chandrashekaran Unni - Director
- Priyanka Raj - Director
- Prasanna Narayan Rao - Director
- Sadashivan Chandrashekaran Unni - Director
The latest financial statements of Citadel Propcon 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 Citadel Propcon is 29AAECC1446M1ZF, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 27AAECC1446M1ZJ (Maharashtra), 36AAECC1446M1ZK (Telangana), 06AAECC1446M1ZN (Haryana).
The CIN (Corporate Identification Number) of Citadel Propcon is U70100KA2010PTC055070. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citadel Propcon has 7 court cases on record: 5 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Citadel Propcon was incorporated on 06 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Priyanka Raj ceased to be Additional Director on 27 Sep 2023. Priyanka Raj was appointed as Director on 21 Oct 2022. Prasanna Narayan Rao ceased to be Additional Director on 29 Sep 2018. Citadel Propcon has 8 board changes on record in total.
Yes, Citadel Propcon is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0084717).
Citadel Propcon can be reached through the website citadelnetinc.com. Its registered office is in Bangalore, Karnataka, India.
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