Towny Nest Ventures Private Limited

Real estate development and construction services for residential buildings.

2004 | Bangaluru, Karnataka (India) | Active
Last Updated:

Towny Nest Ventures Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 1.74 Cr
  • Company Age 20 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 17.91 Cr
  • Revenue Growth -35.16%
  • Profit Growth 3938.30%
  • Ebitda -123.36%
  • Net Worth 18.79%
  • Total Assets 20.22%

About Towny Nest Ventures

Towny Nest Ventures Private Limited (TNVPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 June 2004 and has a history of 20 years and ten months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Towny Nest Ventures Private Limited. 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 10.00 Cr and a paid-up capital of Rs 1.74 Cr.

The company has closed loans amounting to ₹17.91 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Tomy Thomas, Misra Umesh, Roshan George, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U07010KA2004PTC034186

  • Company No.

    034186

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jun 2004

  • Date of AGM

    21 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

What products or services does Towny Nest Ventures Private Limited offer?

Towny Nest Ventures Private Limited offers a wide range of products and services, including Residential Construction Projects, Residential Property Development, Indian God Statues, Shaligram, Real Estate Agent, Property Dealers.

Company report

Towny Nest Ventures Private Limited

Explore comprehensive data for Towny Nest Ventures Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Towny Nest Ventures?

Executive Team (1)

NameDesignationAppointment DateStatus
Tomy Thomas Country flag representing In Managing Director23-Jun-2004Current

Board Members (4)

NameDesignationAppointment DateStatus
Misra Umesh Country flag representing In Additional Director 23-May-2024Current
Roshan George Country flag representing In Director 01-Apr-2022Current
Ramesh Puttappa Country flag representing In Director 01-Sep-2022Current
Sathy Kumar Country flag representing In Director 23-Jun-2004Current

Financial Performance of Towny Nest Ventures.

Towny Nest Ventures Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 35.16% decrease. The company also saw a substantial improvement in profitability, with a 3938.3% increase in profit. The company's net worth Soared by an impressive increase of 18.79%.

Towny Nest Ventures revenue growth over time
Towny Nest Ventures 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
-35.16%
Revenue from Operations
Total Assets
20.22%
Profit or Loss
3938.30%
Net Worth
18.79%
EBITDA
-123.36%

What is the Ownership and Shareholding Structure of Towny Nest Ventures?

In 2020, Towny Nest Ventures had a promoter holding of 83.55% and a public holding of 16.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹17.91 Cr

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 11.91 Cr
  • State Bank Of Mysore : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 2013Union Bank Of India₹11.91 CrSatisfied
14 Jul 2010State Bank Of Mysore₹4.00 CrSatisfied
26 May 2008State Bank Of Mysore₹2.00 CrSatisfied

How Many Employees Work at Towny Nest Ventures?

Unlock and access historical data on people associated with Towny Nest Ventures, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Towny Nest Ventures Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Towny Nest Ventures, 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 Towny Nest Ventures'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 Towny Nest Ventures

Recent activity within the organization

  • Director Appointment

    Misra Umesh was appointed as a Additional Director was appointed as a Additional Director on 23 May 2024 & has been associated with this company since 11 months 4 days .

  • Annual General Meeting

    Towny Nest Ventures Private Limited last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Towny Nest Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Director Appointment

    Ramesh Kagod Puttappa was appointed as a Director was appointed as a Director on 01 Sep 2022 & has been associated with this company since 2 years 7 months .

  • Director Appointment

    Roshan George was appointed as a Director was appointed as a Director on 01 Apr 2022 & has been associated with this company since 3 years 26 days .

  • Charges

    A charge registered on 31 May 2013 via Charge ID 10431687 with Union Bank Of India was fully satisfied on 28 Jun 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Towny Nest Ventures Private Limited?

    Towny Nest Ventures Private Limited was incorporated on 23 Jun 2004.

  • What is authorized share capital and paid-up capital of Towny Nest Ventures Private Limited?

    The authorized share capital of Towny Nest Ventures Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 1.74 Cr.

  • Who are the current board members & directors of Towny Nest Ventures Private Limited?

    Currently 5 directors are associated with Towny Nest Ventures Private Limited.

    • Tomy Thomas
    • Misra Umesh
    • Roshan George
    • Ramesh Kagod Puttappa
    • Sathy Sugesh Parameswaran Nair Kumar

  • What is the registered address of Towny Nest Ventures Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Towny Nest Ventures Private Limited is 330 Near Bank Of Baroda Double Road, 1St Stage Indiranagar India, Bangalore, Karnataka, 560038.

  • What is the corporate identification number (CIN) and company number of Towny Nest Ventures Private Limited?

    The corporate identification number (CIN) of Towny Nest Ventures Private Limited is U07010KA2004PTC034186 and the company number is 034186 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Towny Nest Ventures Private Limited?

    The Official website of Towny Nest Ventures Private Limited is https://www.ginadevelopers.in

  • What has been the recent revenue trend for Towny Nest Ventures Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Towny Nest Ventures Private Limited has fallen by -35.16%.

  • What change has been observed in the net worth of Towny Nest Ventures Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Towny Nest Ventures Private Limited has experienced an upsurge of 18.79%.

  • When was the last Balance Sheet of Towny Nest Ventures Private Limited filed with the ROC?

    The most recent Balance Sheet for Towny Nest Ventures Private Limited was filed with the ROC on 31 Mar 2023.

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