About Citilights Estates Private Limited
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Citilights Estates Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2002PTC137526. Its GSTIN is 29AACCC0530C1ZB (Karnataka).
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Salim Karimi and Badar Abbas Karimi.
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 G – 5/III New Pushpa Vihar Opp.Colaba Post Office, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.38 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹1.89 Cr (net margin -79.4%) and EBITDA of -₹1.81 Cr (EBITDA margin -76%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 42% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.08 Lakh and satisfied charges of ₹5 Cr on record. Court records list 80 cases involving the company, including 45 filed by the company and 35 filed against it; 25 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 citilightsindia.com.
Company details
Contact details
Citilights Estates Private Limited's registered office is in Mumbai, Maharashtra. Its website is citilightsindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 5/III New Pushpa Vihar Opp.Colaba Post Office, Mumbai, Maharashtra, India – 400005
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Citilights Estates 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 Citilights Estates 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 Citilights Estates Private Limited, buy the company report.
Financials of Citilights Estates Private Limited
FY 2025 filings availableCitilights Estates Private Limited reported revenue of ₹2.38 Cr (down 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 51% fall in the latest year. EBITDA fell 488% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.81 Cr | ||||
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| Net Profit (PAT) | -₹1.89 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -76% | ||||
| Net Profit Margin | -79.4% | ||||
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To see the full financial statements and ratios of Citilights Estates Private Limited, buy the company report.
Board of directors of Citilights Estates Private Limited
Citilights Estates has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Salim Karimi | Director | 07 Feb 2003 | 23 Years 9 Months | Current |
| Badar Abbas Karimi Also directs: Bekay Katha Private Limited, Citylights Developers Private Limited, Citilights Properties Private Limited and 2 more | Director | 10 Oct 2002 | 24 Years 1 Months | Current |
| Rukhsana Badar Karimi Also directs: Citylights Developers Private Limited, Citilights Properties Private Limited, Citilights Home Makers Private Limited and 1 more | Director | 10 Oct 2002 | 24 Years 1 Months | Current |
Auditor
Citilights Estates Private Limited is audited by Arun Arora & Co for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Arun Arora & Co | FY 2019 |
Shareholding
The shareholding of Citilights Estates Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Citilights Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2022 | 100696407 | Hdfc Bank Limited | ₹8.08 Lakh | Open | |
| 12 Jun 2007 | 10086136 | Icici Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Citilights Estates Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Citilights Estates Private Limited has 80 court cases on record: 45 filed by Citilights Estates, 35 filed against it. 25 cases are pending and 55 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 69 | 31 | 22 |
| High courts | 11 | 4 | 3 |
Cases on record (5 of 80)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Interim or miscellaneous application | Filed by the company against M/S Prestige Valley View Estates Pvt Ltd and 1 other | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by Ms. Confident Projects India Private Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The Deputy Commissioner | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by an individual | Pending |
To see the full case history of Citilights Estates 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 Citilights Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Citilights Estates Private Limited has a workforce of 21 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Citilights Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCC0530C1ZB | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Citilights Estates Private Limited, buy the company report.
Recent activity
Citilights Estates Private Limited has 4 board changes on record since 2002: 3 appointments and 1 cessation. The latest: Sundeep Shiv Khanna ceased to be Director on 29 Sep 2015.
Frequently asked questions
Citilights Estates is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 October 2002 (24+ years old) and is registered under CIN U70100MH2002PTC137526.
Citilights Estates has 3 current directors:
- Salim Karimi - Director
- Badar Abbas Karimi - Director
- Rukhsana Badar Karimi - Director
The latest financial statements of Citilights Estates 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 Citilights Estates is 29AACCC0530C1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Citilights Estates is U70100MH2002PTC137526. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citilights Estates has 80 court cases on record: 45 filed by the company and 35 filed against it. 25 are pending. Most are in the district courts.
Citilights Estates was incorporated on 10 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Sundeep Shiv Khanna ceased to be Director on 29 Sep 2015. Salim Karimi was appointed as Director on 07 Feb 2003. Badar Abbas Karimi was appointed as Director on 10 Oct 2002. Citilights Estates has 4 board changes on record in total.
Citilights Estates can be reached through the website citilightsindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Citilights Estates is at G – 5III New Pushpa Vihar Opp.Colaba Post Office, Mumbai, Maharashtra, India – 400005.
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