Orbit Towers Pvt Ltd

Develops and sells real estate properties for investment or sale.

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

Orbit Towers Profile

Key Indicators

  • Authorised Capital ₹ 1.38 Cr
  • Paid Up Capital ₹ 1.37 Cr
  • Company Age 39 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 97.75 Cr
  • Satisfied Charges ₹ 83.82 Cr
  • Revenue Growth -34.10%
  • Profit Growth -89.68%
  • Ebitda -19.97%
  • Net Worth 82.47%
  • Total Assets 3.15%

About Orbit Towers

Orbit Towers Pvt Ltd (OTPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 April 1985 and has a history of 39 years and ten 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 1.38 Cr and a paid-up capital of Rs 1.37 Cr.

The company currently has active open charges totaling ₹97.75 Cr. The company has closed loans amounting to ₹83.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aneesha Mehta and Arjun Mehta 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

    U65921WB1985PTC038834

  • Company No.

    038834

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Apr 1985

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Real Estate and Construction
Company report

Orbit Towers Pvt Ltd

Explore comprehensive data for Orbit Towers Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Aneesha Mehta Country flag representing In Director 12-Mar-2021Current
Arjun Mehta Country flag representing In Director 28-Sep-2020Current

Financial Performance of Orbit Towers.

Orbit Towers Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.1% decrease. The company also saw a substantial fall in profitability, with a 89.68% decrease in profit. The company's net worth Soared by an impressive increase of 82.47%.

Orbit Towers revenue growth over time
Orbit Towers 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
-34.10%
Revenue from Operations
Total Assets
3.15%
Profit or Loss
-89.68%
Net Worth
82.47%
EBITDA
-19.97%

What is the Ownership and Shareholding Structure of Orbit Towers?

In 2023, Orbit Towers had a promoter holding of 82.46% and a public holding of 17.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹97.75 Cr

Satisfied Charges

₹83.82 Cr

Charges Breakdown by Lending Institutions

  • Others : 97.00 Cr
  • The Bank Of Rajasthan Ltd : 0.60 Cr
  • Hdfc Bank Limited : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
29 Oct 2024Others₹20.00 CrOpen
29 Oct 2024Others₹20.00 CrOpen
29 Oct 2024Others₹30.00 CrOpen
25 Feb 2021Hdfc Bank Limited₹1.50 MOpen
23 Jul 2014Others₹27.00 CrOpen

How Many Employees Work at Orbit Towers?

Orbit Towers has a workforce of 17 employees as of Apr 06, 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.

Employee growth trends for Orbit Towers Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Orbit 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 Orbit 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 Orbit Towers

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101002194 was registered on 29 Oct 2024.

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101003284 was registered on 29 Oct 2024.

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101005515 was registered on 29 Oct 2024.

  • Annual General Meeting

    Orbit Towers Pvt Ltd last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Balance Sheet

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

  • Charges

    A charge registered on 29 Apr 2019 via Charge ID 100262256 with Tata Capital Housing Finance Limited was fully satisfied on 30 May 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Orbit Towers Pvt Ltd?

    Orbit Towers Pvt Ltd was incorporated on 24 Apr 1985.

  • What is authorized share capital and paid-up capital of Orbit Towers Pvt Ltd?

    The authorized share capital of Orbit Towers Pvt Ltd is ₹ 1.38 Cr and paid-up capital is ₹ 1.37 Cr.

  • Who are the current board members & directors of Orbit Towers Pvt Ltd?

    Currently 2 directors are associated with Orbit Towers Pvt Ltd.

    • Aneesha Mehta
    • Arjun Singh Mehta

  • What is the registered address of Orbit Towers Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Orbit Towers Pvt Ltd is 3B Camac Street, India, Kolkata, West Bengal, 700016.

  • What is the corporate identification number (CIN) and company number of Orbit Towers Pvt Ltd?

    The corporate identification number (CIN) of Orbit Towers Pvt Ltd is U65921WB1985PTC038834 and the company number is 038834 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Orbit Towers Pvt Ltd?

    The Official website of Orbit Towers Pvt Ltd is https://www.multiconrealty.in

  • What has been the recent revenue trend for Orbit Towers Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Orbit Towers Pvt Ltd has fallen by -34.10%.

  • How many employees does Orbit Towers Pvt Ltd currently have?

    As Per 2023 financial reports, 17 employees are currently employed by Orbit Towers Pvt Ltd.

  • What change has been observed in the net worth of Orbit Towers Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Orbit Towers Pvt Ltd has experienced an upsurge of 82.47%.

  • What are the total open charges for Orbit Towers Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Orbit Towers Pvt Ltd amount to ₹ 97.75 Cr.

  • When was the last Balance Sheet of Orbit Towers Pvt Ltd filed with the ROC?

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

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