Concordes Tower Private Limited - Company Profile

It is a financial services private limited company based in Bangalore, Karnataka, India, established in 2002.
2002 Bangalore, Karnataka, India Converted to LLP
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About Concordes Tower Private Limited

Concordes Tower Private Limited, a converted to llp private limited company, was established on 16 September 2002 in Bangalore, Karnataka, India. Engaging in real estate financing within the real estate sector, it holds CIN: U07010KA2002PTC031003. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹0.50 M.

Formerly known as Manaspurthi Construction & Promoters Private Limited. It upholds a compliant status. Its leadership includes Nesara Budanoor Shivarama (Director), Ramsagara Gopal Reddy Anil (Managing Director), Sunil Gopalreddy Ramasagara (Director). Past directors included Nesara Budanoor Shivarama, Rama Reddy Gopal Reddy, Ramsagara Gopal Reddy Anil. It holds no open charges and ₹23.20 Cr settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at 40/1, Concorde, Vittal Mallya Road, Shantala Nagar, Bangalore, Karnataka, 560001.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U07010KA2002PTC031003

  • Registration Number

    031003

  • Incorporation Date

    16 September 2002

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Converted to LLP

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.50 M
  • Company Age 23 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 23.20 Cr
  • Revenue Growth **** 200.77%
  • Profit Growth **** 579.58%
  • Ebitda **** 81192.91%
  • Net Worth 12.16%
  • Total Assets **** 6.90%
Company report

Concordes Tower Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Concordes Tower Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Concordes Tower Private Limited?
Current Directors
Name Designation Appointment Date Status
Nesara Budanoor Shivarama Director 26 May 2004 Current
Ramsagara Gopal Reddy Anil Managing Director 21 Mar 2022 Current
Sunil Gopalreddy Ramasagara Director 26 May 2003 Current
Shivarama Siddaramaiah Budanoor Director 26 May 2003 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 21 Nov 2021 Past
Pramod Abcsdd Managing Director 22 Mar 2022 Past
Pramod Abcsdd Additional Director 22 Mar 2022 Past
Pramod Abcsdd Director 22 Nov 2021 Past

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Financial Performance of Concordes Tower.

Concordes Tower Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 200.77% increase. The company also saw a substantial improvement in profitability, with a 579.58% increase in profit. The company's net worth Soared by an impressive increase of 12.16%.

Concordes Tower revenue growth over time
Concordes Tower profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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
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200.77%
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Revenue from Operations
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223.57%
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Total Assets
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6.90%
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Profit or Loss
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579.58%
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Net Worth
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12.16%
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EBITDA
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81192.91%
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*******
*******
*******

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What is the Ownership and Shareholding Structure of Concordes Tower?

In 2023, Concordes Tower 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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹231,962,000.00

Charges Breakdown by Lending Institutions
  • Others : 11.90 Cr
  • Dewan Housing Finance Corporation Limited : 10.00 Cr
  • Vijaya Bank : 1.30 Cr
Latest Charge Details
Date Lender Amount Status
01 Feb 2021 Others ₹2.00 Cr Satisfied
03 Aug 2018 Others ₹9.90 Cr Satisfied
19 Apr 2012 Dewan Housing Finance Corporation Limited ₹10.00 Cr Satisfied
06 Apr 2004 Vijaya Bank ₹1.30 Cr Satisfied

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How Many Employees Work at Concordes Tower?

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

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Concordes Tower, 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 Concordes Tower'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.

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Latest Updates, News, and FAQs on Concordes Tower
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 19 Apr 2012 via Charge ID 10359241 with Dewan Housing Finance Corporation Limited was fully satisfied on 14 Mar 2024. was documented.

  • Charges

    A charge registered on 06 Apr 2004 via Charge ID 90194532 with Vijaya Bank was fully satisfied on 14 Dec 2023. was recorded as a recent event.

  • Annual General Meeting

    The activity Concordes Tower Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was completed.

  • Charges

    A charge registered on 01 Feb 2021 via Charge ID 100410047 with Others was fully satisfied on 22 Sep 2023. was recorded as a recent event.

  • Charges

    A charge registered on 03 Aug 2018 via Charge ID 100198911 with Others was fully satisfied on 22 Sep 2023. was recorded as a recent event.

  • Balance Sheet

    Concordes Tower Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Concordes Tower Private Limited?

The CIN of Concordes Tower Private Limited is U07010KA2002PTC031003.

Where is Concordes Tower Private Limited headquartered?

Concordes Tower Private Limited is headquartered at 40/1, Concorde, Vittal Mallya Road, Shantala Nagar, Bangalore, Karnataka, 560001.

When was Concordes Tower Private Limited incorporated?

Concordes Tower Private Limited was incorporated on 16 September 2002.

Who are the current directors of Concordes Tower Private Limited?
What is the primary industry of Concordes Tower Private Limited?

The primary industry of Concordes Tower Private Limited is Real Estate.

Is Concordes Tower Private Limited a listed company?

Concordes Tower Private Limited is unlisted.

What is the capital structure of Concordes Tower Private Limited?

The authorized capital of Concordes Tower Private Limited is ₹1.00 Cr, and the paid-up capital is ₹0.50 M.

What is the compliance status of Concordes Tower Private Limited?

The compliance status of Concordes Tower Private Limited is Compliant.

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