Nortech Property Private Limited

Real estate company specializing in developing and managing properties for income generation.

2005 | Kolkata, West Bengal (India) | Active
Last Updated: October 24, 2024

Nortech Property Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.90 M
  • Company Age 20 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 32.35 Cr
  • Satisfied Charges ₹ 27.03 Cr
  • Revenue Growth -49.49%
  • Profit Growth -338.29%
  • Ebitda -3883.40%
  • Net Worth -6.92%
  • Total Assets 44.43%

About Nortech Property

Nortech Property Private Limited (NPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 January 2005 and has a history of 20 years and one month. 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 6.90 M.

The company currently has active open charges totaling ₹32.35 Cr. The company has closed loans amounting to ₹27.03 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mayank Modi, Krishna Modi, Anirudh Modi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    edengroup.in

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U70101WB2005PTC101041

  • Company No.

    101041

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Jan 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Real Estate and Construction

Who are the key members and board of directors at Nortech Property?

Executive Team (1)

NameDesignationAppointment DateStatus
Anirudh Modi Country flag representing In Managing Director21-Feb-2005Current

Board Members (5)

NameDesignationAppointment DateStatus
Mayank Modi Country flag representing In Director 11-Mar-2022Current
Krishna Modi Country flag representing In Director 01-Jul-2005Current
Aditya Agarwal Country flag representing In Director 22-Feb-2024Current
Harshvardhan Modi Country flag representing In Director 09-Jun-2010Current
Shashank Jaiswal Country flag representing In Director 23-Feb-2024Current

Financial Performance of Nortech Property.

Nortech Property Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 49.49% decrease. The company also saw a substantial fall in profitability, with a 338.29% decrease in profit. The company's net worth dipped by a decrease of 6.92%.

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
-49.49%
Revenue from Operations
-57.31%
Total Assets
44.43%
Profit or Loss
-338.29%
Net Worth
-6.92%
EBITDA
-3883.40%

What is the Ownership and Shareholding Structure of Nortech Property?

In 2023, Nortech Property had a promoter holding of 100.00%. The company had 108 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹32.35 Cr

Satisfied Charges

₹27.03 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 22.00 Cr
  • Others : 9.50 Cr
  • Hdfc Bank Limited : 0.85 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2023Others₹9.50 CrOpen
24 Mar 2023Hdfc Bank Limited₹1.84 MOpen
15 Feb 2023State Bank Of India₹7.00 CrOpen
16 Dec 2022State Bank Of India₹15.00 CrOpen
24 May 2022Hdfc Bank Limited₹3.94 MOpen

How Many Employees Work at Nortech Property?

Nortech Property has a workforce of 39 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nortech Property, 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 Nortech Property'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 Nortech Property

Recent activity within the organization

  • Director Appointment

    Shashank Jaiswal was appointed as a Director was appointed as a Director on 23 Feb 2024 & has been associated with this company since 11 months 30 days .

    23 Feb 2024

  • Director Appointment

    Aditya Agarwal was appointed as a Director was appointed as a Director on 22 Feb 2024 & has been associated with this company since 1 year .

    22 Feb 2024

  • Annual General Meeting

    Nortech Property Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 9.50 Cr with Charge ID 100788432 was registered on 29 Aug 2023.

    29 Aug 2023

  • Balance Sheet

    Nortech Property Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100775163 was registered on 24 Mar 2023.

    24 Mar 2023

Frequently asked questions

  • Nortech Property Private Limited was incorporated on 07 Jan 2005.

  • The authorized share capital of Nortech Property Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.90 M.

  • Currently 6 directors are associated with Nortech Property Private Limited.

    • Mayank Modi
    • Krishna Modi
    • Anirudh Modi
    • Aditya Agarwal
    • Harshvardhan Modi
    • Shashank Jaiswal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nortech Property Private Limited is 17/1 Lansdowne Terrace India, Kolkata, West Bengal, 700026.

  • The corporate identification number (CIN) of Nortech Property Private Limited is U70101WB2005PTC101041 and the company number is 101041 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nortech Property Private Limited is https://www.edengroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nortech Property Private Limited has fallen by -49.49%.

  • As Per 2023 financial reports, 39 employees are currently employed by Nortech Property Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nortech Property Private Limited has experienced an downturn of -6.92%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nortech Property Private Limited amount to ₹ 32.35 Cr.

  • The most recent Balance Sheet for Nortech Property Private Limited was filed with the ROC on 31 Mar 2023.

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