Picnik Citi Developers Private Limited
About Picnik Citi Developers Private Limited
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Picnik Citi Developers Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 March 2009.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U70102TN2009PTC070933.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Picnic Citi Land Developers Private Limited. It was led by directors including Palvannam Dhanalakshmi and Esakkimuthu Radhakrishnan.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 5/8 Bharathi Salai Ramapuram, Chennai, Tamil Nadu, India – 600089.
As per the financials filed for FY 2019, the company reported a revenue of ₹65,000. For the same year it recorded a net loss of ₹14,244 (net margin -21.9%) and EBITDA of -₹9,048 (EBITDA margin -13.9%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 30% over five years.
Company details
Contact details
Picnik Citi Developers Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5/8 Bharathi Salai Ramapuram, Chennai, Tamil Nadu, India – 600089
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Picnik Citi Developers 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
Financials of Picnik Citi Developers Private Limited
FY 2020 filings availablePicnik Citi Developers Private Limited reported revenue of ₹65,000 for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years. 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹65,000 | ||||
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| EBITDA | -₹9,048 | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹14,244 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -13.9% | ||||
| Net Profit Margin | -21.9% | ||||
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To see the full financial statements and ratios of Picnik Citi Developers Private Limited, buy the company report.
Board of directors of Picnik Citi Developers Private Limited
Picnik Citi Developers 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 |
|---|---|---|---|---|
| Palvannam Dhanalakshmi Also directs: Aiswaryam Chits Private Limited | Director | 09 Mar 2009 | 17 Years 7 Months | As last reported |
| Esakkimuthu Radhakrishnan Also directs: Aiswaryam Chits Private Limited | Director | 09 Mar 2009 | 17 Years 7 Months | As last reported |
| Palvannam Kalimuthu Also directs: Aiswaryam Chits Private Limited | Director | 09 Mar 2009 | 17 Years 7 Months | As last reported |
Auditor
Picnik Citi Developers Private Limited is audited by RAMESH & MURALI for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMESH & MURALI | FY 2019 | 002980S |
Shareholding
The shareholding of Picnik Citi Developers Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Picnik Citi Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Picnik Citi Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Picnik Citi Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Picnik Citi Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Picnik Citi Developers Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Baskar Periya Nadar ceased to be Director on 17 Dec 2014.
Frequently asked questions
Picnik Citi Developers has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Picnik Citi Developers was a private limited company based in Chennai, Tamil Nadu, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 March 2009 and is registered under CIN U70102TN2009PTC070933. The company has been struck off by the Registrar of Companies and is no longer operational.
Picnik Citi Developers had 3 directors:
- Palvannam Dhanalakshmi - Director
- Esakkimuthu Radhakrishnan - Director
- Palvannam Kalimuthu - Director
The CIN (Corporate Identification Number) of Picnik Citi Developers is U70102TN2009PTC070933. 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 Picnik Citi Developers is at 58 Bharathi Salai Ramapuram, Chennai, Tamil Nadu, India – 600089.
Picnik Citi Developers was incorporated on 09 March 2009. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Picnik Citi Developers on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
Picnik Citi Developers operated in the real estate and construction industry, in the real estate builders and developers segment. It worked in this industry before it was struck off.
Baskar Periya Nadar ceased to be Director on 17 Dec 2014. Esakkimuthu Radhakrishnan was appointed as Director on 09 Mar 2009. Palvannam Dhanalakshmi was appointed as Director on 09 Mar 2009. Picnik Citi Developers has 4 board changes on record in total.
The compliance status of Picnik Citi Developers is compliant as of 26 July 2026.
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