M.G. Towers Private Limited
About M.G. Towers Private Limited
Data last updated:
M.G. Towers Private Limited was a private limited company based in Kolkata, West Bengal, 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 development and construction segment of the real estate and construction sector. It was incorporated on 06 June 2005.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB2005PTC103561.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 27A Waterloo Street 2nd Floor, Kolkata, West Bengal, India – 700069.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.8 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.47 Lakh (net margin -81.7%) and EBITDA of ₹82,722 (EBITDA margin 46.1%).
Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
Company details
Contact details
M.G. Towers Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address27A Waterloo Street 2nd Floor, Kolkata, West Bengal, India – 700069
- IndustryReal Estate and Construction, Real Estate Builders & Developers, Real Estate Brokerage & Services
To see the full contact details of M.G. 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 M.G. Towers Private Limited
FY 2017 filings availableM.G. Towers Private Limited reported revenue of ₹1.8 Lakh (up 1157% YoY) for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.8 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹82,722 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.47 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 46.1% | ||
| Net Profit Margin | -81.7% | ||
| 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 M.G. Towers Private Limited, buy the company report.
Board of directors of M.G. Towers Private Limited
M.G. Towers has 3 former directors on record and no current directors listed.
Peer comparison
M.G. Towers Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Services industry (Builders and Developers, Real Estate Brokerage), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kadarabad Developers Private Limited | ₹1.8 Lakh (FY 2025) | -90.0% | Delhi, India | |||
| Greenview Infraestates Private Limited | ₹1.8 Lakh (FY 2025) | -93.0% | Kolkata, West Bengal, India | |||
| Nabanir Infracon Private Limited | ₹1.8 Lakh (FY 2025) | 43.0% | Kolkata, West Bengal, India | |||
| Gokuleshwar Realty Private Limited | ₹1.8 Lakh (FY 2025) | -50.0% | Ahmedabad, Gujarat, India | |||
| Gawde Constructions Private Limited | ₹1.8 Lakh (FY 2025) | -99.0% | Mumbai, Maharashtra, India | |||
| M.G. Towers Private Limitedthis company | ₹1.8 Lakh (FY 2017) | -₹1.47 Lakh | -81.7% | 1157.0% | Kolkata, West Bengal, India | |
| Nirmal Mercantile Private Limited | ₹1.79 Lakh (FY 2023) | -90.0% | Mumbai, Maharashtra, India | |||
| Palm Village Country Club Private Limited | ₹1.79 Lakh (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Beach Haven Properties Private Limited | ₹1.79 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| RSN Real Estates Private Limited | ₹1.79 Lakh (FY 2025) | -20.0% | Delhi, India | |||
| Pradnyesh Properties Private Limited | ₹1.79 Lakh (FY 2025) | -91.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of M.G. Towers Private Limited, buy the company report.
Auditor
M.G. Towers Private Limited is audited by R.P. BOOBNA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.P. BOOBNA & CO. | FY 2017 | 304093E |
Shareholding
The shareholding of M.G. Towers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of M.G. Towers Private Limited, buy the company report.
Legal cases
M.G. Towers Private Limited has 4 court cases on record: 3 filed by M.G. Towers, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by an individual | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Court case (Gr Case) | Filed by the company against an individual | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Court case (Gr Case) | Filed by the company against an individual | Disposed |
To see the full case history of M.G. 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 M.G. 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 M.G. Towers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
M.G. Towers Private Limited has 3 board changes on record since 2008: 0 appointments and 3 cessations. The latest: Gourav Kumar Gupta ceased to be Director on 21 Feb 2018.
Frequently asked questions
M.G. Towers 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.
M.G. 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 06 June 2005 and is registered under CIN U70101WB2005PTC103561. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of M.G. Towers is U70101WB2005PTC103561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M.G. Towers was incorporated on 06 June 2005. It is registered with the Registrar of Companies, Kolkata.
The registered office of M.G. Towers is at 27A Waterloo Street 2nd Floor, Kolkata, West Bengal, India – 700069.
The latest financial statements of M.G. Towers on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
M.G. Towers operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of M.G. Towers by revenue are Kadarabad Developers Private Limited, Greenview Infraestates Private Limited, Nabanir Infracon Private Limited, Gokuleshwar Realty Private Limited, Gawde Constructions Private Limited and 5 more, all in the Consumer Services industry (Builders and Developers, Real Estate Brokerage).
M.G. Towers has 4 court cases on record: 3 filed by the company and 1 filed against it.
Gourav Kumar Gupta ceased to be Director on 21 Feb 2018. Mohan Kumar Gupta ceased to be Director on 21 Feb 2018. Pratima Gupta ceased to be Additional Director on 29 Aug 2008.
M.G. Towers can be reached at its registered office: 27A Waterloo Street 2nd Floor, Kolkata, West Bengal, India – 700069.
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