Twelfth Tier Property Limited

Provides financial assistance for property acquisition to individuals and businesses.

2018 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Twelfth Tier Property Profile

Key Indicators

  • Authorised Capital ₹ 10.25 Cr
  • Paid Up Capital ₹ 8.69 Cr
  • Company Age 7 Year, 16 Days
  • 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 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 Country flag representing In Director 15-Jan-2018 Current
Nirmal Chandak Country flag representing In Director 29-Sep-2022 Current
Abhishek Rathi Country flag representing In 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%.

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
-5.13%
Revenue from Operations
-15.64%
Total Assets
294.21%
Profit or Loss
-16.82%
Net Worth
-12.62%
EBITDA
21.18%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • 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 6 months 1 day .

    01 Aug 2024

  • Balance Sheet

    Twelfth Tier Property Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100679698 was registered on 08 Feb 2023.

    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 4 months .

    29 Sep 2022

  • 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 2 years 11 months .

    25 Feb 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Twelfth Tier Property Limited was incorporated on 15 Jan 2018.

  • The authorized share capital of Twelfth Tier Property Limited is ₹ 10.25 Cr and paid-up capital is ₹ 8.69 Cr.

  • Currently 4 directors are associated with Twelfth Tier Property Limited.

    • Anand Nandkishore Rathi
    • Nirmal Chandak
    • Abhishek Rathi
    • Nirmal Chandak
  • 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.

  • 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).

  • The Official website of Twelfth Tier Property Limited is https://www.rathi.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Twelfth Tier Property Limited has fallen by -5.13%.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Twelfth Tier Property Limited amount to ₹ 25.00 Cr.

  • The most recent Balance Sheet for Twelfth Tier Property Limited was filed with the ROC on 31 Mar 2024.

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