Multirise Towers Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 19.99 Cr
- Company Age 39 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 95.70 Cr
- Satisfied Charges ₹ 85.00 Cr
- Revenue Growth -23.76%
- Profit Growth 91.85%
- Ebitda 99.86%
- Net Worth -19.10%
- Total Assets 2.05%
About Multirise Towers
Multirise Towers Pvt Ltd (MTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 May 1985 and has a history of 39 years and eight months. Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Real Estate And Construction 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 20.00 Cr and a paid-up capital of Rs 19.99 Cr.
The company currently has active open charges totaling ₹95.70 Cr. The company has closed loans amounting to ₹85.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Multirise Towers Pvt Ltd India is Abhik Sen as COMPANY SECRETARY. Argha Banerjee and Ashok Jha serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U70101WB1985PTC038880
- Company No.
038880
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 May 1985
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Multirise Towers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Abhik Sen | Company Secretary | 01-Nov-2022 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Argha Banerjee  | Director | 21-Sep-2022 | Current |
| Ashok Jha | Director | 05-Jun-2015 | Current |
Financial Performance of Multirise Towers.
Multirise Towers Pvt Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 23.76% decrease. The company also saw a substantial improvement in profitability, with a 91.85% increase in profit. The company's net worth observed a substantial decline by a decrease of 19.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Multirise Towers?
In 2022, Multirise Towers had a public holding of 100.00%. The company had 1 Associate company. 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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Tenughat Emta Coal Mines LimitedArgha Banerjee and Ashok Jha are mutual person
- Gourangdih Coal Limited
Argha Banerjee is a mutual person
- Emta Minerals Private Limited
Argha Banerjee is a mutual person
- Paramount Papyrus Private Limited
Argha Banerjee is a mutual person
- Enterprising Media Private Limited
Argha Banerjee is a mutual person
Charges (Loans)
₹95.70 Cr
₹85.00 Cr
Charges Breakdown by Lending Institutions
- Others : 95.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Mar 2017 | Others | ₹70.00 Cr | Open |
| 03 Oct 2016 | Others | ₹20.50 Cr | Open |
| 22 Mar 2016 | Others | ₹5.20 Cr | Open |
| 05 Jan 2016 | Others | ₹15.00 Cr | Satisfied |
| 21 Aug 2015 | Srei Equipment Finance Limited | ₹70.00 Cr | Satisfied |
How Many Employees Work at Multirise Towers?
Unlock and access historical data on people associated with Multirise Towers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Multirise 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 Multirise 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.
