About Indiabulls Cityheights Limited
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Indiabulls Cityheights Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Dhani Services Limited. It operates in the online healthcare product retail segment of the e-commerce sector. It was incorporated on 22 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74110DL2009PLC197255. Its GSTIN is 07AAFCP2690B1ZM (Delhi). The company holds 53 GST registrations, of which 48 are active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹12 Cr. It was formerly known as Pushpanjli Fincon Limited and Pushpanjli Fincon Private Limited. It is led by directors including Purav Acharya and Muzumdar Sandeep Jagdish.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 2 First Floor, Kirti Nagar, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.55 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹61.82 Cr (net margin -456.1%) and EBITDA of -₹18.9 Cr (EBITDA margin -139.4%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 129% over five years.
The company has about 79 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
Court records list 9 cases involving the company, including 9 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 dhani.com.
Company details
Name history
Indiabulls Cityheights has undergone 2 name changes throughout its history. The company was previously known as Pushpanjli Fincon Limited, and Pushpanjli Fincon Private Limited. The current legal name is Indiabulls Cityheights Limited.
| Company Name | Status |
|---|---|
| Indiabulls Cityheights Limited | Current |
| Pushpanjli Fincon Limited | Previous |
| Pushpanjli Fincon Private Limited | Previous |
CIN history
Indiabulls Cityheights has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110DL2009PLC197255, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110DL2009PLC197255 | Current |
| U67190DL2009PLC197255 | Previous |
| U67190DL2009PTC197255 | Previous |
Contact details
Indiabulls Cityheights Limited's registered office is in New Delhi, Delhi. Its website is dhani.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 2 First Floor, Kirti Nagar, New Delhi, Delhi, India – 110015
- IndustryE-Commerce, Online Healthcare Product Retail
To see the full contact details of Indiabulls Cityheights 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 activities of Indiabulls Cityheights are professional, scientific and technical and trade. In detail, this covers other professional, scientific and technical activities and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Indiabulls Cityheights Limited, buy the company report.
Financials of Indiabulls Cityheights Limited
FY 2025 filings availableIndiabulls Cityheights Limited reported revenue of ₹13.55 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 129% over five years, including 4% growth in the latest year. EBITDA rose 88% 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 | -₹18.9 Cr | ||||
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| Net Profit (PAT) | -₹61.82 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -139.4% | ||||
| Net Profit Margin | -456.1% | ||||
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To see the full financial statements and ratios of Indiabulls Cityheights Limited, buy the company report.
Board of directors of Indiabulls Cityheights Limited
Indiabulls Cityheights has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Purav Acharya Also directs: Indiabulls Rural Finance Private Limited | Director | 16 Jun 2021 | 5 Years 4 Months | Current |
| Muzumdar Sandeep Jagdish Also directs: Indiabulls Residency Limited, Indiabulls Township Limited | Director | 16 Jun 2021 | 5 Years 4 Months | Current |
| Prasant Kumar Dey Also directs: Viscaria Builders Private Limited | Director | 20 Sep 2022 | 4 Years 1 Months | Current |
Auditor
Indiabulls Cityheights Limited is audited by Sumit Mohit & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sumit Mohit & Company | FY 2023 | 021502N |
Shareholding
The shareholding of Indiabulls Cityheights Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indiabulls Cityheights Limited, buy the company report.
Legal cases
Indiabulls Cityheights Limited has 9 court cases on record: 9 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 6 | 6 | 0 |
| District courts | 3 | 3 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Commercial suit | Filed against the company by Mogli Labs India Pvt Ltd | Pending |
| District court, West, Delhi | Commercial suit | Filed against the company by Maiden Marketing India Private Limited | Pending |
| NCLT, New Delhi Bench Court-II | Insolvency matter | Filed against the company by Gupshup Technology India Private Limited | Disposed |
| District court, South East, Delhi | Commercial suit | Filed against the company by Ar Kay Medicos Pvt. Ltd. | Disposed |
| NCLT, Principal Bench | Insolvency matter | Filed against the company by Admitad Media Private Limited | Disposed |
To see the full case history of Indiabulls Cityheights 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 Indiabulls Cityheights Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Indiabulls Cityheights has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Savren Medicare Limited | U74999DL2019PLC357692 |
To see the full group structure of Indiabulls Cityheights Limited, buy the company report.
Employees & EPFO
Indiabulls Cityheights Limited has a workforce of 79 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Indiabulls Cityheights has 53 GST registrations: 48 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCP2690B1ZM | Delhi | Active | 01 Jul 2017 |
| 07AAFCP2690B1CX | Delhi | Active | 10 Jul 2022 |
| 06AAFCP2690B1ZO | Haryana | Active | 25 Jun 2020 |
| 27AAFCP2690B1ZK | Maharashtra | Active | 25 Jun 2020 |
To see the full GST registrations and return filing status of Indiabulls Cityheights Limited, buy the company report.
Recent activity
Indiabulls Cityheights Limited has 14 board changes on record since 2010: 3 appointments and 11 cessations. The latest: Prasant Kumar Dey was appointed as Director on 20 Sep 2022.
5 earlier events are in the company report.
Frequently asked questions
Indiabulls Cityheights is an active public limited company based in New Delhi, Delhi, India. The company works in online healthcare product retail, within the e-commerce industry. It was incorporated on 22 December 2009 (17+ years old) and is registered under CIN U74110DL2009PLC197255.
Indiabulls Cityheights has 3 current directors:
- Purav Acharya - Director
- Muzumdar Sandeep Jagdish - Director
- Prasant Kumar Dey - Director
The latest financial statements of Indiabulls Cityheights on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indiabulls Cityheights is 07AAFCP2690B1ZM, registered in Delhi. The company has 53 GST registrations in all, of which 48 are active and 5 are cancelled or inactive. Other active GSTINs include 07AAFCP2690B1CX (Delhi), 06AAFCP2690B1ZO (Haryana), 27AAFCP2690B1ZK (Maharashtra).
The CIN (Corporate Identification Number) of Indiabulls Cityheights is U74110DL2009PLC197255. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indiabulls Cityheights has 9 court cases on record: 9 filed against it. 2 are pending. Most are in the nclt.
Indiabulls Cityheights was incorporated on 22 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Prasant Kumar Dey was appointed as Director on 20 Sep 2022. Prasant Kumar Dey ceased to be Additional Director on 20 Sep 2022. Muzumdar Sandeep Jagdish ceased to be Additional Director on 23 Sep 2021. Indiabulls Cityheights has 14 board changes on record in total.
Indiabulls Cityheights can be reached through the website dhani.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Indiabulls Cityheights is at A – 2 First Floor, Kirti Nagar, New Delhi, Delhi, India – 110015.