Earnest Towers Profile
Key Indicators
- Authorised Capital ₹ 700.00 Cr
- Paid Up Capital ₹ 154.63 Cr
- Company Age 17 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,050.00 Cr
- Satisfied Charges ₹ 4,616.43 Cr
- Revenue Growth 21.90%
- Profit Growth 34.12%
- Ebitda 27.46%
- Net Worth 0.42%
- Total Assets -10.21%
About Earnest Towers
Earnest Towers Private Limited (ETPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 September 2007 and has a history of 17 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 700.00 Cr and a paid-up capital of Rs 154.63 Cr.
The company currently has active open charges totaling ₹1,050.00 Cr. The company has closed loans amounting to ₹4,616.43 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Earnest Towers Private Limited India is Lavanya Kumar as COMPANY SECRETARY. Rajendran Subramaniam, Abhishek Agrawal, Vinitha Menon, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U70101MH2007PTC302758
- Company No.
302758
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Sep 2007
- Date of AGM
22 Jun 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Real Estate and Construction
Who are the key members and board of directors at Earnest Towers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Lavanya Kumar | Company Secretary | 09-Aug-2023 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajendran Subramaniam  | Nominee Director | 06-May-2019 | Current |
| Abhishek Agrawal | Nominee Director | 06-Nov-2020 | Current |
| Vinitha Menon | Nominee Director | 13-Mar-2023 | Current |
| Ritwik Bhattacharjee | Nominee Director | Current |
Financial Performance of Earnest Towers.
Earnest Towers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.9% increase. The company also saw a substantial improvement in profitability, with a 34.12% increase in profit. The company's net worth moved up by a moderate rise of 0.42%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Earnest Towers?
In 2023, Earnest Towers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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- Manyata Promoters Private Limited
Ritwik Bhattacharjee is a mutual person
Embassy Construction Private LimitedRajendran Subramaniam is a mutual person
- Esnp Property Builders And Developers Private Limited
Vinitha Menon and Ritwik Bhattacharjee are mutual person
- Sarla Infrastructure Private Limited
Vinitha Menon is a mutual person
- Golflinks Software Park Private Limited
Ritwik Bhattacharjee is a mutual person
Charges (Loans)
Open Charges
₹1,050.00 Cr
Satisfied Charges
₹4,616.43 Cr
Charges Breakdown by Lending Institutions
- Others : 1050.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Sep 2023 | Others | ₹1,050.00 Cr | Open |
| 11 Jun 2019 | Others | ₹3,650.00 Cr | Satisfied |
| 07 Dec 2017 | Others | ₹85.00 Cr | Satisfied |
| 14 Mar 2016 | Others | ₹135.00 Cr | Satisfied |
| 20 Dec 2013 | Housing Development Finance Corporation Limited | ₹86.00 Cr | Satisfied |
How Many Employees Work at Earnest Towers?
Earnest Towers has a workforce of 3 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Earnest Towers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Earnest Towers's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Earnest Towers
Recent activity within the organization
- Annual General Meeting
Earnest Towers Private Limited last Annual general meeting of members was held on 22 Jun 2024 as per latest MCA records.
- Balance Sheet
Earnest Towers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 1,050.00 Cr with Charge ID 100816952 was registered on 21 Sep 2023.
- Director Appointment
Lavanya Kumar was appointed as a Company Secretary was appointed as a Company Secretary on 09 Aug 2023 & has been associated with this company since 1 year 7 months .
- Director Appointment
Vinitha Menon was appointed as a Nominee Director was appointed as a Nominee Director on 13 Mar 2023 & has been associated with this company since 1 year 11 months .
- Charges
A charge registered on 11 Jun 2019 via Charge ID 100278968 with Others was fully satisfied on 02 Nov 2021.
Frequently asked questions
What is the Incorporation or founding date of Earnest Towers Private Limited?
Earnest Towers Private Limited was incorporated on 12 Sep 2007.
What is authorized share capital and paid-up capital of Earnest Towers Private Limited?
The authorized share capital of Earnest Towers Private Limited is ₹ 700.00 Cr and paid-up capital is ₹ 154.63 Cr.
Who are the current board members & directors of Earnest Towers Private Limited?
Currently 5 directors are associated with Earnest Towers Private Limited.
- Rajendran Subramaniam
- Abhishek Agrawal
- Vinitha Menon
- Lavanya Kumar
- Ritwik Bhattacharjee
What is the registered address of Earnest Towers Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Earnest Towers Private Limited is Plotno.C-54&C-55GblockBandrakurlacomplexBandraeast, Mumbai, Maharashtra, India, 400098.
What is the corporate identification number (CIN) and company number of Earnest Towers Private Limited?
The corporate identification number (CIN) of Earnest Towers Private Limited is U70101MH2007PTC302758 and the company number is 302758 as per Ministry of Corporate Affairs (MCA).
What is the official website of Earnest Towers Private Limited?
The Official website of Earnest Towers Private Limited is https://www.fifc.co.in
What has been the recent revenue trend for Earnest Towers Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Earnest Towers Private Limited has risen by 21.90%.
How many employees does Earnest Towers Private Limited currently have?
As Per 2023 financial reports, 3 employees are currently employed by Earnest Towers Private Limited.
What change has been observed in the net worth of Earnest Towers Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Earnest Towers Private Limited has experienced an upsurge of 0.42%.
What are the total open charges for Earnest Towers Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Earnest Towers Private Limited amount to ₹ 1,050.00 Cr.
When was the last Balance Sheet of Earnest Towers Private Limited filed with the ROC?
The most recent Balance Sheet for Earnest Towers Private Limited was filed with the ROC on 31 Mar 2024.
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