Twelfth Tier Property Profile
Key Indicators
- Authorised Capital ₹ 10.25 Cr
- Paid Up Capital ₹ 8.69 Cr
- Company Age 7 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 25.00 Cr
- Revenue Growth -5.13%
- Profit Growth -16.82%
- Ebitda 21.18%
- Net Worth -12.62%
- Total Assets 294.21%
About Twelfth Tier Property
Twelfth Tier Property Limited (TTPL) is a Public Limited Indian Non-Government Company incorporated in India on 15 January 2018 (Seven years and one month 16 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Anandrathi Housing Finance Limited. The Company is engaged in the Financial Services 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 10.25 Cr and a paid-up capital of Rs 8.69 Cr.
The company currently has active open charges totaling ₹25.00 Cr.
The Key Managerial Personnel (KMP) at Twelfth Tier Property Limited India is Nirmal Chandak as CFO. Anand Rathi, Nirmal Chandak, and Abhishek Rathi serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U68200MH2018PLC304174
- Company No.
304174
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
15 Jan 2018
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Twelfth Tier Property?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nirmal Chandak | CFO | 25-Feb-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anand Rathi  | Director | 15-Jan-2018 | Current |
| Nirmal Chandak | Director | 29-Sep-2022 | Current |
| Abhishek Rathi | Director | 01-Aug-2024 | Current |
Financial Performance of Twelfth Tier Property.
Twelfth Tier Property Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.13% decrease. The company also saw a substantial fall in profitability, with a 16.82% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Twelfth Tier Property?
In 2023, Twelfth Tier Property had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sapphire Human Capital Private LimitedAnand Rathi and Abhishek Rathi are mutual person
Ffreedom Intermediary Infrastructure Private LimitedAbhishek Rathi is a mutual person
Imc Chamber Of Commerce And IndustryAnand Rathi is a mutual person
Anand Rathi Insurance Brokers LimitedAnand Rathi and Abhishek Rathi are mutual person
Maa Gou Products Private LimitedAnand Rathi is a mutual person
Emami LimitedAnand Rathi is a mutual person
Charges (Loans)
Open Charges
₹25.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Feb 2023 | Axis Bank Limited | ₹25.00 Cr | Open |
How Many Employees Work at Twelfth Tier Property?
Unlock and access historical data on people associated with Twelfth Tier Property, 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 Twelfth Tier 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 Twelfth Tier Property'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.
Latest Updates, News, and FAQs on Twelfth Tier Property
Recent activity within the organization
- Annual General Meeting
Twelfth Tier Property Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Abhishek Rathi was appointed as a Director was appointed as a Director on 01 Aug 2024 & has been associated with this company since 7 months 1 day .
- Balance Sheet
Twelfth Tier Property Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Axis Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100679698 was registered on 08 Feb 2023.
- Director Appointment
Nirmal Chandak was appointed as a Director was appointed as a Director on 29 Sep 2022 & has been associated with this company since 2 years 5 months .
- Director Appointment
Nirmal Chandak was appointed as a Cfo was appointed as a Cfo on 25 Feb 2022 & has been associated with this company since 3 years 6 days .
Recent News, Updates & Announcement
- Anand Rathi, Geojit arms ‘not fit and proper’: Sebi.
Sebi said the two entities — Anand Rathi Commodities and Geofin Comtrade — were ‘not fit and proper’ to be granted registration to operate as commodity derivatives brokers and its directives were effective immediately..
- Anand Rathi Wealth Services decides to withdraw proposed IPO.
"Anand Rathi Wealth Services Ltd has decided to withdraw its proposed IPO and has made an application for the same to Sebi through BRLMs (book running lead managers) to the issue," the firm said in a statement. .
Frequently asked questions
What is the Incorporation or founding date of Twelfth Tier Property Limited?
Twelfth Tier Property Limited was incorporated on 15 Jan 2018.
What is authorized share capital and paid-up capital of Twelfth Tier Property Limited?
The authorized share capital of Twelfth Tier Property Limited is ₹ 10.25 Cr and paid-up capital is ₹ 8.69 Cr.
Who are the current board members & directors of Twelfth Tier Property Limited?
Currently 4 directors are associated with Twelfth Tier Property Limited.
- Anand Nandkishore Rathi
- Nirmal Chandak
- Abhishek Rathi
- Nirmal Chandak
What is the registered address of Twelfth Tier Property Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Twelfth Tier Property Limited is Express Zone A Wing 10Th Floor Western Highway Goregaon (East), India, Mumbai, Maharashtra, 400063.
What is the corporate identification number (CIN) and company number of Twelfth Tier Property Limited?
The corporate identification number (CIN) of Twelfth Tier Property Limited is U68200MH2018PLC304174 and the company number is 304174 as per Ministry of Corporate Affairs (MCA).
What is the official website of Twelfth Tier Property Limited?
The Official website of Twelfth Tier Property Limited is https://www.rathi.com
What has been the recent revenue trend for Twelfth Tier Property Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Twelfth Tier Property Limited has fallen by -5.13%.
What change has been observed in the net worth of Twelfth Tier Property Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Twelfth Tier Property Limited has experienced an downturn of -12.62%.
What are the total open charges for Twelfth Tier Property Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Twelfth Tier Property Limited amount to ₹ 25.00 Cr.
When was the last Balance Sheet of Twelfth Tier Property Limited filed with the ROC?
The most recent Balance Sheet for Twelfth Tier Property Limited was filed with the ROC on 31 Mar 2024.
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