About Concordes Tower Private Limited
Data last updated:
Concordes Tower Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate financing segment of the financial services sector. It was incorporated on 16 September 2002.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U07010KA2002PTC031003. Its GSTIN is 29AACCC5281A1ZX (Karnataka).
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh. It was formerly known as Manaspurthi Construction & Promoters Private Limited. It was led by directors including Ramsagara Gopal Reddy Anil (Managing Director) and Nesara Budanoor Shivarama.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 40/1 Concorde Vittal Mallya Road Shantala Nagar, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2023, the company reported a revenue of ₹31.55 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹17.17 Lakh (net margin 54.4%) and EBITDA of ₹26.69 Lakh (EBITDA margin 84.6%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 9% over five years.
As per MCA filings, the company has satisfied charges of ₹23.2 Cr on record.
The last known website on record is concordegroup.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address40/1 Concorde Vittal Mallya Road Shantala Nagar, Bangalore, Karnataka, India – 560001
- IndustryFinancial Services, Real Estate Financing
- 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
- One PDF report, delivered after checkout
Business Activity of Concordes Tower Private Limited
The main business activity of Concordes Tower is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Concordes Tower Private Limited FY 2023 filings available
Concordes Tower Private Limited reported revenue of ₹31.55 Lakh (up 201% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Concordes Tower Private Limited
Revenue rose 201% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. 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 of Concordes Tower Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹31.55 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹26.69 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.17 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 of Concordes Tower Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 84.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 54.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Concordes Tower are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Concordes Tower Private Limited
Concordes Tower Private Limited is audited by NAGENDRAN & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NAGENDRAN & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Concordes Tower Private Limited
Concordes Tower has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nesara Budanoor Shivarama Also directs: Concorde Techno Park LLP, Concorde Homes India LLP, Concorde Ezpropbuy Infra LLP and 5 more | Director | 26 May 2004 | 22 Years 4 Months | As last reported |
| Ramsagara Gopal Reddy Anil Also directs: Concorde Homes India LLP, Concorde Ezpropbuy Infra LLP, Concorde Shelters . LLP and 5 more | Managing Director | 21 Mar 2022 | 4 Years 6 Months | As last reported |
| Sunil Gopalreddy Ramasagara Also directs: Concorde Homes India LLP, Concorde Ezpropbuy Infra LLP, Concorde Shelters . LLP and 5 more | Director | 26 May 2003 | 23 Years 4 Months | As last reported |
| Shivarama Siddaramaiah Budanoor | Director | 26 May 2003 | 23 Years 4 Months | As last reported |
Ownership and Shareholding of Concordes Tower Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Concordes Tower Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Feb 2021 | Others | ₹2 Cr | Satisfied |
| 03 Aug 2018 | Others | ₹9.9 Cr | Satisfied |
| 19 Apr 2012 | Dewan Housing Finance Corporation Limited | ₹10 Cr | Satisfied |
| 06 Apr 2004 | Vijaya Bank | ₹1.3 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Concordes Tower Private Limited
Employment history and EPFO contributions of people linked to Concordes Tower.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Concordes Tower Private Limited
Recent Activity on Concordes Tower Private Limited
Concordes Tower Private Limited has 8 board changes on record since 2003: 4 appointments and 4 cessations. The latest: Rama Reddy Gopal Reddy ceased to be Managing Director on 22 Mar 2022.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Concordes Tower Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Concordes Tower Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Concordes Tower Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Concordes Tower Private Limited
Concordes Tower has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCC5281A1ZX | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Concordes Tower Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Concordes Tower Private Limited
Concordes Tower has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Concordes Tower was a private limited company based in Bangalore, Karnataka, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 16 September 2002 and is registered under CIN U07010KA2002PTC031003. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Concordes Tower is U07010KA2002PTC031003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Concordes Tower had 4 directors:
- Ramsagara Gopal Reddy Anil - Managing Director
- Nesara Budanoor Shivarama - Director
- Sunil Gopalreddy Ramasagara - Director
- Shivarama Siddaramaiah Budanoor - Director
Concordes Tower was incorporated on 16 September 2002. It is registered with the Registrar of Companies, Bangalore.
Concordes Tower can be reached through the website concordegroup.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Concordes Tower is at 401 Concorde Vittal Mallya Road Shantala Nagar, Bangalore, Karnataka, India – 560001.
Concordes Tower reported revenue of ₹31.55 Lakh for FY 2023 (up 201% YoY).
Concordes Tower has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh.
Concordes Tower reported a net profit of ₹17.17 Lakh (net margin 54.4%) and EBITDA of ₹26.69 Lakh (EBITDA margin 84.6%) for FY 2023, as per its filed financial statements.