Citrus Payment Solutions Private Limited - Due diligence report

A 360° intelligence report on Citruspay: trust score, financial health, credit view, compliance, directors, growth and distress signals - ge…

2011-04-28 Mumbai, Maharashtra Amalgamated Unlisted
Share
CP Citrus Payment Solutions Private Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹449 Save ₹251 excl. GST
Or from ₹279/report with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Citruspay — 360° Intelligence Report

Generated from MCA filings & public records
57/100
Trust Score
Moderate

Citruspay is assessed as Moderate with a Trust Score of 57/100. Citruspay is a private limited indian non-government company incorporated in 2011, operating in the Financial Services sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and moderate financial risk profile.

Report generated on 16 Jul 2026 from the latest processed filings. Citrus Payment Solutions Private Limited snapshot & full profile →

Financial Health › Good
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Weak

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
57/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
30/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
55/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
80/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
40/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 4 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 30/100 Caution Indicated
  • Company status is "Amalgamated" - not Active.
  • Last balance sheet is for Mar 2017 - filings overdue.
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
MANEESH GOEL 01234567 Director 01/04/2018 6 yrs Approved
JITENDRA GUPTA 01234567 Director 01/04/2018 6 yrs Approved
BAIRAVARASU AMRISH RAU 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2017)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2017 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Citrus Payment Solutions Pte. Ltd.
Subsidiaries
-
Group entities
-
Capital events
12 allotment(s) · 0 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Citrus Payment Solutions Pte. Ltd. Holding Company 74.00%
Payu Payments Private Limited Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 80 · Distress 40
Growth signals & trust indicators
Revenue acceleration: +38% over 3 year(s).
Latest year revenue grew 1.42.
Operating for 15+ years.
Active EPFO - real payroll on record.
Distress signals & risk flags
Losses deepening year-on-year.
Statutory filings appear overdue.
Adverse company status: Amalgamated.
Compliance score is weak (30/100).
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence41/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment44/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view66/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 2 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
21 Nov 2017
Securities allotted
173010 Equity Shares Without Differential Rights - 15.00 cr raised
25 Sep 2017
Director ceased
MANEESH GOEL
Last AGM held
Annual general meeting
20 Jul 2017
Securities allotted
175439 Equity Shares Without Differential Rights - 15.00 cr raised
12 Jun 2017
Securities allotted
56403 Equity Shares Without Differential Rights - 5.00 cr raised
29 May 2017
Director appointed
MANEESH GOEL (Director)
13 Apr 2017
Securities allotted
56403 Equity Shares Without Differential Rights - 5.00 cr raised
31 Mar 2017
Latest balance sheet
Filed with ROC
29 Jan 2017
Securities allotted
169208 Equity Shares Without Differential Rights - 15.00 cr raised
25 Jan 2017
Securities allotted
394834 Equity Shares Without Differential Rights - 35.00 cr raised
16 Dec 2016
Director ceased
SATYEN VIJAY KOTHARI
Director ceased
MOHIT BHATNAGAR ANAND
04 Aug 2016
Securities allotted
189993 Preference Shares - 99.14 cr raised
31 Mar 2015
Director ceased
JITENDRA GUPTA
30 Sep 2014
Director ceased
BAIRAVARASU AMRISH RAU
10

Key Observations

Auto-generated from the data above
Revenue grew 2.1x over the last 3 financial year(s).
Net profit margin moved from 24% to 0.86.
Net worth is positive.
3 active director(s) / partner(s); board looks stable and experienced.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2017 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 12 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Munch Ado U72200UR2014FTC001148 Dehradun, Uttarakhand, India
Verndale U72900KA2011PTC060971 Bangalore, Karnataka, India
Tiny Epic Solutions Private Limited U66190MH2000SGC125701 Goregaon East, Maharashtra, India
Commonfloor U72200KA2008PTC046105 Bangalore, Karnataka, India
Igt Solutions U72200MH1999PTC298128 Mumbai, Maharashtra, India
Morganstanley U72200MH2003PTC143386 Mumbai, Maharashtra, India
Head Infotech U72200DL2006PTC323292 New Delhi, Delhi, India
Ey Global Delivery Services India Private Limited U74999KA2016PTC093751 Bangalore, Karnataka, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Citruspay before audits and certifications: compliance score 30/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Citruspay: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 80/100, margin trends, ownership structure and peer set for Citruspay - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 57/100, distress signals and MSME payment-delay disclosures - know whether Citruspay pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Citruspay - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Citruspay an active company?

Citruspay has MCA status “Amalgamated” with a compliance score of 30/100 (Caution Indicated).

Is Citruspay financially healthy?

Citruspay has a Financial Health Score of 55/100 (Moderate) based on its filed financial statements.

Should I do business with Citruspay?

Its overall Trust Score is 57/100 (Moderate). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Citruspay?

The ultimate holding entity is Citrus Payment Solutions Pte. Ltd.. 3 active director(s) are on record.

Does Citruspay have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Citruspay up to date with its ROC filings?

Last balance sheet is for Mar 2017 - filings overdue. Overall compliance score: 30/100 (Caution Indicated).

Is it risky to lend to Citruspay?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.