Multirise Towers Pvt Ltd

Real estate company involved in building, construction, and management of various properties since 1985.

1985 | Kolkata, West Bengal (India) | Active
Last Updated: December 25, 2024

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

Real Estate and Construction

Who are the key members and board of directors at Multirise Towers?

Executive Team (1)

NameDesignationAppointment DateStatus
Abhik Sen Company Secretary01-Nov-2022Current

Board Members (2)

NameDesignationAppointment DateStatus
Argha Banerjee Country flag representing In Director 21-Sep-2022Current
Ashok Jha Country flag representing In Director 05-Jun-2015Current

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%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-23.76%
Revenue from Operations
Total Assets
2.05%
Profit or Loss
91.85%
Net Worth
-19.10%
EBITDA
99.86%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹95.70 Cr

Satisfied Charges

₹85.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 95.70 Cr

Latest Charge Details

DateLenderAmountStatus
14 Mar 2017Others₹70.00 CrOpen
03 Oct 2016Others₹20.50 CrOpen
22 Mar 2016Others₹5.20 CrOpen
05 Jan 2016Others₹15.00 CrSatisfied
21 Aug 2015Srei Equipment Finance Limited₹70.00 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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 Multirise Towers

Recent activity within the organization

  • Annual General Meeting

    Multirise Towers Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Multirise Towers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Abhik Sen was appointed as a Company Secretary was appointed as a Company Secretary on 01 Nov 2022 & has been associated with this company since 2 years 3 months .

    01 Nov 2022

  • Director Appointment

    Argha Banerjee was appointed as a Director was appointed as a Director on 21 Sep 2022 & has been associated with this company since 2 years 4 months .

    21 Sep 2022

  • Charges

    A charge with Others amounted to Rs. 70.00 Cr with Charge ID 100090038 was registered on 14 Mar 2017.

    14 Mar 2017

  • Charges

    A charge registered on 05 Jan 2016 via Charge ID 100031309 with Others was fully satisfied on 19 Dec 2016.

    19 Dec 2016

Frequently asked questions

  • Multirise Towers Pvt Ltd was incorporated on 03 May 1985.

  • The authorized share capital of Multirise Towers Pvt Ltd is ₹ 20.00 Cr and paid-up capital is ₹ 19.99 Cr.

  • Currently 3 directors are associated with Multirise Towers Pvt Ltd.

    • Argha Banerjee
    • Ashok Kumar Jha
    • Abhik Sen
  • As per Ministry of Corporate Affairs (Mca), the registered address of Multirise Towers Pvt Ltd is 105 Central Plaza, 2/6 Sarat Bose Road India, Kolkata, West Bengal, 700020.

  • The corporate identification number (CIN) of Multirise Towers Pvt Ltd is U70101WB1985PTC038880 and the company number is 038880 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Multirise Towers Pvt Ltd has fallen by -23.76%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Multirise Towers Pvt Ltd has experienced an downturn of -19.10%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Multirise Towers Pvt Ltd amount to ₹ 95.70 Cr.

  • The most recent Balance Sheet for Multirise Towers Pvt Ltd was filed with the ROC on 31 Mar 2024.

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