Girisa Towers Limited
About Girisa Towers Limited
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Girisa Towers Limited is a public limited company based in Chandigarh, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 22 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U70109CH2011PLC033130. Its GSTIN is 03AAECG3778J1ZG (Punjab).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Aashutosh Garg and Naresh Kumar Gaba.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at SCO 128 – 129 Sector – 8 – C, Chandigarh, India – 160008.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.5 Lakh. For the same year it recorded a net loss of ₹8,700 (net margin -3.5%) and EBITDA of -₹8,700 (EBITDA margin -3.5%). Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 60% over five years.
As per MCA filings, the company has open charges of ₹23.65 Cr and satisfied charges of ₹64.15 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Girisa Towers Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSCO 128 – 129 Sector – 8 – C, Chandigarh, India – 160008
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Girisa Towers 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
Business activity
The main business activity of Girisa Towers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Girisa Towers Limited, buy the company report.
Financials of Girisa Towers Limited
FY 2025 filings availableGirisa Towers Limited reported revenue of ₹2.5 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years. EBITDA rose 88% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹8,700 | ||||
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| Net Profit (PAT) | -₹8,700 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -3.5% | ||||
| Net Profit Margin | -3.5% | ||||
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To see the full financial statements and ratios of Girisa Towers Limited, buy the company report.
Board of directors of Girisa Towers Limited
Girisa Towers has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aashutosh Garg Also directs: Shagun Promoters and Builders Private Limited, Saket Highways Limited, Sarvodaya Highways Limited and 3 more | Director | 22 Jul 2011 | 15 Years 3 Months | Current |
| Naresh Kumar Gaba | Director | 20 Jan 2020 | 6 Years 9 Months | Current |
| Gurinder Kumar Garg Also directs: Shagun Promoters and Builders Private Limited, Saket Highways Limited, Sarvodaya Highways Limited and 2 more | Director | 22 Jul 2011 | 15 Years 3 Months | Current |
Shareholding
The shareholding of Girisa Towers Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Girisa Towers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2014 | 10589130 | Srei Equipment Finance Limited | ₹23.65 Cr | Open | |
| 22 Mar 2013 | 10421767 | Srei Equipment Finance Private Limited | ₹3 Cr | Satisfied | |
| 28 Jan 2013 | 10403467 | Oreintal Bank of Commerce | ₹1.15 Cr | Satisfied | |
| 25 Apr 2012 | 10358383 | Oriental Bank of Commerce Limited | ₹5 Cr | Satisfied | |
| 24 Dec 2011 | 10360475 | State Bank of Bikaner and Jaipur | ₹55 Cr | Satisfied |
To see the full charge records of Girisa Towers Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Girisa Towers Limited has 6 court cases on record: 1 filed by Girisa Towers, 5 filed against it. 4 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 4 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms. Srei Equipment Finance Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms. Srei Equipment Finance Pvt. Ltd. | Disposed |
| District court, Mohali, Punjab | Civil suit | Filed against the company by an individual | Pending |
| High Court, CHANDIGARH (UT) | Writ petition | Filed by the company against State of Punjab and Ors | Disposed |
To see the full case history of Girisa Towers 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 Girisa Towers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Girisa Towers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECG3778J1ZG | Punjab | Active | 01 Oct 2018 |
To see the full GST registrations and return filing status of Girisa Towers Limited, buy the company report.
Recent activity
Girisa Towers Limited has 5 board changes on record since 2011: 3 appointments and 2 cessations. The latest: Aruna Garg ceased to be Director on 24 Jan 2020.
6 earlier events are in the company report.
Frequently asked questions
Girisa Towers is an active public limited company based in Chandigarh, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 22 July 2011 (15+ years old) and is registered under CIN U70109CH2011PLC033130.
Girisa Towers has 3 current directors:
- Aashutosh Garg - Director
- Naresh Kumar Gaba - Director
- Gurinder Kumar Garg - Director
The latest financial statements of Girisa Towers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Girisa Towers is 03AAECG3778J1ZG, registered in Punjab.
The CIN (Corporate Identification Number) of Girisa Towers is U70109CH2011PLC033130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Girisa Towers has 6 court cases on record: 1 filed by the company and 5 filed against it. 4 are pending. Most are in the district courts.
Girisa Towers was incorporated on 22 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chandigarh.
Aruna Garg ceased to be Director on 24 Jan 2020. Naresh Kumar Gaba was appointed as Director on 20 Jan 2020. Aayush Garg ceased to be Director on 30 Aug 2014. Girisa Towers has 5 board changes on record in total.
The registered office of Girisa Towers is at SCO 128 – 129 Sector – 8 – C, Chandigarh, India – 160008.
Girisa Towers operates in the real estate and construction industry, in the real estate marketing and sales segment.
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