Ambition Towers Private Limited
About Ambition Towers Private Limited
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Ambition Towers Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 February 2008.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U45400WB2008PTC122650.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It was led by directors Kamal Kumar Agrawal and Mishank Kedia.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at South City Garden Tower – 6 Flat – 4A Tollygunge Fari(Mahavirtolla), Kolkata, West Bengal, India – 700053.
As per the financials filed for FY 2021, the company reported a revenue of ₹8.12 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net profit of ₹1.29 Lakh (net margin 15.9%) and EBITDA of ₹3.91 Lakh (EBITDA margin 48.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 26% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Ambition Towers Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSouth City Garden Tower – 6 Flat – 4A Tollygunge Fari(Mahavirtolla), Kolkata, West Bengal, India – 700053
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ambition Towers Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Ambition Towers Private Limited
FY 2021 filings availableAmbition Towers Private Limited reported revenue of ₹8.12 Lakh (down 85% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 85% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA fell 92% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.12 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.29 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 48.2% | ||||
| Net Profit Margin | 15.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ambition Towers Private Limited, buy the company report.
Board of directors of Ambition Towers Private Limited
Ambition Towers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Kumar Agrawal Also directs: Dadiji Buildcon LLP, Sri Venkatesh Iron and Alloys (India) Limited, Shiva Smelters Private Limited and 4 more | Director | 17 Jul 2008 | 18 Years 3 Months | As last reported |
| Mishank Kedia Also directs: Dadiji Buildcon LLP, Sri Venkatesh Iron and Alloys (India) Limited, Shiva Smelters Private Limited and 4 more | Director | 25 Jun 2018 | 8 Years 4 Months | As last reported |
Peer comparison
Ambition Towers Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities on fee or contract basis), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shreshta Apartments Private Limited | ₹8.12 Lakh (FY 2024) | 49.0% | Bengaluru, Karnataka, India | |||
| Ambition Towers Private Limitedthis company | ₹8.12 Lakh (FY 2021) | ₹1.29 Lakh | 15.9% | -85.0% | Kolkata, West Bengal, India | |
| Janmbhumi Properties Private Limited | ₹8.12 Lakh (FY 2025) | -22.0% | Kolkata, West Bengal, India | |||
| Botaniam Ventures Private Limited | ₹8.1 Lakh (FY 2025) | -99.0% | Kolenchery, Kerala, India |
To see the full peer comparison of Ambition Towers Private Limited, buy the company report.
Auditor
Ambition Towers Private Limited is audited by V K R & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V K R & ASSOCIATES | FY 2021 | 320323E |
Shareholding
The shareholding of Ambition Towers Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ambition Towers Private Limited, buy the company report.
Legal cases
Ambition Towers Private Limited has 2 court cases on record: 2 filed by Ambition Towers. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Ambition Towers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ambition Towers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ambition Towers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ambition Towers Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Mishank Kedia was appointed as Director on 25 Jun 2018.
Frequently asked questions
Ambition Towers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ambition Towers was a private limited company based in Kolkata, West Bengal, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 February 2008 and is registered under CIN U45400WB2008PTC122650. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ambition Towers was incorporated on 15 February 2008. It is registered with the Registrar of Companies, Kolkata.
Ambition Towers had 2 directors:
- Kamal Kumar Agrawal - Director
- Mishank Kedia - Director
The CIN (Corporate Identification Number) of Ambition Towers is U45400WB2008PTC122650. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ambition Towers is at South City Garden Tower – 6 Flat – 4A Tollygunge FariMahavirtolla, Kolkata, West Bengal, India – 700053.
The latest financial statements of Ambition Towers on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
Ambition Towers operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Ambition Towers by revenue are Shreshta Apartments Private Limited, Janmbhumi Properties Private Limited, Botaniam Ventures Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities on fee or contract basis).
Ambition Towers has 2 court cases on record: 2 filed by the company.
Mishank Kedia was appointed as Director on 25 Jun 2018. Pradip Kumar Kedia ceased to be Director Appointed In Casual Vacancy on 31 May 2018. Mahesh Periwal ceased to be Director on 31 Mar 2011. Ambition Towers has 6 board changes on record in total.
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