About Citilights Properties Private Limited
Data last updated:
Citilights Properties 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 20 February 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2003PTC139279. Its GSTIN is 33AACCC2538C1ZA (Tamil Nadu).
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 – 5/111 New Pushpa Viharopp Colaba Post Office, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2025, the company reported a revenue of ₹69.13 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹57.85 Lakh (net margin -83.7%) and EBITDA of -₹48.92 Lakh (EBITDA margin -70.8%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 20% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹13 Cr on record. Court records list 16 cases involving the company, including 2 filed by the company and 14 filed against it; 2 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 Properties 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 – 5/111 New Pushpa Viharopp Colaba Post Office, Mumbai, Maharashtra, India – 400005
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Citilights 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 Citilights Properties 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 Citilights Properties Private Limited, buy the company report.
Financials of Citilights Properties Private Limited
FY 2025 filings availableCitilights Properties Private Limited reported revenue of ₹69.13 Lakh (down 60% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 60% fall in the latest year. EBITDA fell 52% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹48.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹57.85 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -70.8% | ||||
| Net Profit Margin | -83.7% | ||||
| 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 Citilights Properties Private Limited, buy the company report.
Board of directors of Citilights Properties Private Limited
Citilights Properties has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Salim Karimi | Director | 22 Feb 2003 | 23 Years 8 Months | Current |
| Badar Abbas Karimi Also directs: Bekay Katha Private Limited, Citylights Developers Private Limited, Citilights Home Makers Private Limited and 2 more | Director | 20 Feb 2003 | 23 Years 8 Months | Current |
| Rukhsana Badar Karimi Also directs: Citylights Developers Private Limited, Citilights Home Makers Private Limited, Citilights Townships Private Limited and 1 more | Director | 20 Feb 2003 | 23 Years 8 Months | Current |
Peer comparison
Citilights Properties Private Limited is compared with the 6 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ashir Atarah Constructions India Private Limited | ₹69.17 Lakh (FY 2021) | 490.0% | Anantapur, Andhra Pradesh, India | |||
| Shardaanand Constructions Private Limited | ₹69.16 Lakh (FY 2025) | 166.0% | Delhi, India | |||
| Gracehill Constructions Private Limited | ₹69.14 Lakh (FY 2025) | -86.0% | Siliguri, West Bengal, India | |||
| Citilights Properties Private Limitedthis company | ₹69.13 Lakh (FY 2025) | -₹57.85 Lakh | -83.7% | -60.0% | 12 | Mumbai, Maharashtra, India |
| MCC Construction Private Limited | ₹69.13 Lakh (FY 2021) | 59.0% | Shimla, Himachal Pradesh, India | |||
| Utkarsh Land Developers Private Limited | ₹69.09 Lakh (FY 2024) | 27.0% | Ratlam, Madhya Pradesh, India | |||
| PKG Infraindia Private Limited | ₹69.06 Lakh (FY 2025) | -67.0% | New Delhi, Delhi, India |
To see the full peer comparison of Citilights Properties Private Limited, buy the company report.
Shareholding
The shareholding of Citilights Properties Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2013 | 10439120 | Indian Overseas Bank | ₹13 Cr | Satisfied |
To see the full charge records of Citilights Properties Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Citilights Properties Private Limited has 16 court cases on record: 2 filed by Citilights Properties, 14 filed against it. 2 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 7 | 0 |
| District courts | 6 | 6 | 1 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Filed against the company by M/S. E Lights Techno Park Private Limited | Disposed |
| High Court, TAMIL NADU | Petition | Filed against the company by E-Lights Techno Park Pvt Ltd and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by individuals | Pending |
| Supreme Court | Court case (0433-Indirect Taxes Matters : Appeals u/s 35 L of Central Excise and Salt Act, 1944.) | Filed against the company by Commissioner of GST and Central Excise Chennai Commissioner of GST and Central Excise Chennai Chennai North Commissioner Ate , District: Chennai ,Chennai , Tamil Nadu | Pending |
| High Court, MAHARASHTRA | Court case (S) | Filed against the company by individuals | Disposed |
To see the full case history of Citilights 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 Citilights Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Citilights Properties Private Limited has a workforce of 12 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Citilights Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCC2538C1ZA | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Citilights Properties Private Limited, buy the company report.
Recent activity
Citilights Properties Private Limited has 6 board changes on record since 2003: 3 appointments and 3 cessations. The latest: Sundeep Shiv Khanna ceased to be Director on 29 Sep 2015.
Frequently asked questions
Citilights Properties 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 20 February 2003 (23+ years old) and is registered under CIN U45200MH2003PTC139279.
Citilights Properties has 3 current directors:
- Salim Karimi - Director
- Badar Abbas Karimi - Director
- Rukhsana Badar Karimi - Director
The latest financial statements of Citilights 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 Citilights Properties is 33AACCC2538C1ZA, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Citilights Properties is U45200MH2003PTC139279. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citilights Properties has 16 court cases on record: 2 filed by the company and 14 filed against it. 2 are pending. Most are in the high courts.
Citilights Properties was incorporated on 20 February 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Citilights Properties by revenue are Ashir Atarah Constructions India Private Limited, Shardaanand Constructions Private Limited, Gracehill Constructions Private Limited, MCC Construction Private Limited, Utkarsh Land Developers Private Limited and 1 more, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Sundeep Shiv Khanna ceased to be Director on 29 Sep 2015. Venkateswaran Sudalaimuthu ceased to be Director on 27 Aug 2015. Sunil Tulsidas Mehta ceased to be Director on 24 Sep 2007. Citilights Properties has 6 board changes on record in total.
Citilights Properties can be reached through the website citilightsindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Citilights Properties is at G – 5111 New Pushpa Viharopp Colaba Post Office, Mumbai, Maharashtra, India – 400005.