What does Citygold Credit Capital Limited do?

Citygold Credit Capital Limited (formerly Country Credit Capital Ltd) is an NBFC engaged in credit and lending operations based in Ludhiana, Punjab. It was originally established in 1993 and subsequently taken over and rebranded as Citygold Credit Capital Limited to broaden its financial services offerings.

When was Citygold Credit Capital Limited incorporated?

The company was originally incorporated in 1993 under the name Country Credit Capital Ltd. It is registered as a Public Limited company in Punjab with CIN L65921PB1993PLC013595.

Is Citygold Credit Capital Limited profitable?

No publicly available financial data exists for this company. The extremely low share price of ₹0.1 suggests the company may be in financial distress or has very limited active operations.

Is Citygold Credit Capital regulated by RBI?

As an NBFC (Non-Banking Financial Company), Citygold Credit Capital would fall under RBI's regulatory oversight. However, its current RBI registration status and compliance standing are not publicly confirmed.

How do I buy City Gold Credit Capital unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for City Gold Credit Capital?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell City Gold Credit Capital shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

City Gold Credit Capital Unlisted Share Price | Buy City Gold Credit Capital Pre-IPO Shares — wisefolio

Investment Thesis

Citygold Credit Capital Limited is a legacy NBFC with over 30 years of history, originally incorporated as Country Credit Capital Ltd in 1993 in Ludhiana. With a share price of just ₹0.1 and no publicly available financial data, the company appears to be in a state of financial distress or minimal operations. Significant caution is advised for investors.

Pros

ISIN INE868D01016 confirmed; listed on MSEI (CITYGOLD); RBI-registered NBFC with active regulatory standing.
Diversified financial services: broker-dealer, stocks, mutual funds, insurance, real estate — multi-product NBFC.
July 2024: RBI approved change in control and management — new management may bring fresh capital and strategy.
Ludhiana, Punjab location — access to Punjab's large MSME and industrial ecosystem for NBFC lending/services.

Cons

No revenue data publicly confirmed; MSEI listing has near-zero secondary market liquidity.
RBI-approved change in control (July 2024) indicates prior management issues or financial stress.
Small capital base: authorized ₹3.5 Cr, paid-up ₹3.2 Cr — limited scale for meaningful NBFC operations.
LSE Building, Feroze Gandhi Market address — Ludhiana Stock Exchange building suggests historically exchange-linked, low-activity entity.

Business Segments

NBFC Financial Services

Broker-dealer activities; investments in stocks and share market, mutual funds, insurance; real estate dealings.

Revenue Model

As an NBFC, Citygold Credit Capital earns revenue through interest income on loans disbursed, processing fees, and other financial service charges. Net interest margin (NIM) between borrowing costs and lending rates is the primary profit driver.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds7

Growth Plans

Potential revival under new management if operational restructuring is undertaken

Growing credit demand in Punjab's MSME and agricultural sectors could provide business opportunities

Industry Tailwinds

Potential revival under new management if operational restructuring is undertaken

Growing credit demand in Punjab's MSME and agricultural sectors could provide business opportunities

Recent Developments

RBI approves change in control and management

Reserve Bank of India granted approval for change in control and management of Citygold Credit Capital Limited (July 11, 2024).

July 2024

Comparable Companies

CompanyTypeTickerMkt Cap

Muthoot Finance LtdListedMUTHOOTFIN~80,000 Cr

Manappuram Finance LtdListedMANAPPURAM~15,000 Cr

Muthoot Finance LtdListed

MUTHOOTFIN · ~80,000 Cr

Manappuram Finance LtdListed

MANAPPURAM · ~15,000 Cr

Frequently Asked Questions

About City Gold Credit Capital

Citygold Credit Capital Limited is a Ludhiana, Punjab-based Non-Banking Financial Company (NBFC) incorporated on 4 December 1993 under the Companies Act (CIN: L65921PB1993PLC013595). Registered at Room No. 555, 5th Floor, LSE Building, Feroze Gandhi Market, Ludhiana 141001 — in Punjab's commercial heart — the company is engaged in 'other credit granting' activities including financial intermediation primarily through loans. The company is listed on the Metropolitan Stock Exchange of India Limited (MSEI) — India's third stock exchange — and has a Bloomberg ticker CITYGOLD:IN. It operates in the NBFC credit space, providing lending services to individuals and businesses in Punjab's industrial and agricultural economy. Ludhiana is Punjab's largest city and India's major hub for hosiery, bicycle manufacturing, machine tools, and light engineering. The city's dense SME ecosystem creates significant demand for working capital and credit from smaller NBFCs and finance companies. Citygold Credit Capital would serve this market as a local credit provider with knowledge of Punjab's business landscape. With authorized capital of ₹3.5 crore and paid-up capital of ₹3.2 crore, Citygold is a very small NBFC. Its MSEI listing and 30+ year operating history provide institutional credibility, though the small capital base limits lending volume and scale. The company has a website (citygoldcreditcapitallimited.com) suggesting active operations and investor communications. Small NBFCs like Citygold play an important role in India's credit ecosystem, serving borrowers who may not qualify for bank credit due to documentation requirements or collateral constraints, providing a bridge between informal moneylenders and formal banking institutions.

Key Milestones

Incorporated December 4, 1993 in Ludhiana, Punjab (CIN: L65921PB1993PLC013595)

Common questions about unlisted shares

How do I buy City Gold Credit Capital unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?

Citygold Credit Capital Limited

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