Midcity Properties Private Limited
About Midcity Properties Private Limited
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Midcity Properties Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 20 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB2006PTC108131. Its GSTIN is 19AAFCA6411M1ZI (West Bengal).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.27 Cr. It was formerly known as Jai Amaani Realtors Limited. It is led by directors Bijay Kumar Mahakul and Ayush Barman.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 162 Netaji Subhas Chandra Bose Road, Kolkata, West Bengal, India – 700040.
As per the financials filed for FY 2024, the company reported a revenue of ₹15,106. For the same year it recorded a net loss of ₹16.74 Cr and EBITDA of -₹16.74 Cr. Revenue has declined at a compounded annual rate (CAGR) of 89% over three years and 70% over five years.
The company is associated with 1 brand: MIdcity. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Midcity Properties has one previous CIN (Corporate Identification Number): U70101WB2006PLC108131. The current CIN is U70101WB2006PTC108131, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101WB2006PTC108131 | Current |
| U70101WB2006PLC108131 | Previous |
Contact details
Midcity Properties 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 Address162 Netaji Subhas Chandra Bose Road, Kolkata, West Bengal, India – 700040
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Midcity Properties 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
Brands
Midcity Properties operates one associated brand: MIdcity. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops and operates multifamily real estate communities for partners. | midcitydev.com |
Business activity
The main business activity of Midcity Properties 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 Midcity Properties Private Limited, buy the company report.
Financials of Midcity Properties Private Limited
FY 2024 filings availableMidcity Properties Private Limited reported revenue of ₹15,106 for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over five years. 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 | -₹16.74 Cr | ||||
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| Net Profit (PAT) | -₹16.74 Cr | ||||
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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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To see the full financial statements and ratios of Midcity Properties Private Limited, buy the company report.
Board of directors of Midcity Properties Private Limited
Midcity Properties has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bijay Kumar Mahakul | Director | 22 Mar 2012 | 14 Years 7 Months | Current |
| Ayush Barman | Director | 24 Sep 2016 | 10 Years 1 Months | Current |
Peer comparison
Midcity Properties 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 with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nuray Realtech Private Limited | ₹15,150 (FY 2020) | 237.0% | Delhi, India | |||
| MNT Infratech Private Limited | ₹15,113 (FY 2019) | Gurgaon, Haryana, India | ||||
| Midcity Properties Private Limitedthis company | ₹15,106 (FY 2024) | -₹16.74 Cr | Kolkata, West Bengal, India | |||
| Tdi Promoters Private Limited | ₹15,100 (FY 2025) | 8.0% | New Delhi, Delhi, India |
To see the full peer comparison of Midcity Properties Private Limited, buy the company report.
Auditor
Midcity Properties Private Limited is audited by DHANDHANIA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHANDHANIA & ASSOCIATES | FY 2017 | 316052E |
Shareholding
The shareholding of Midcity Properties 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 Midcity Properties Private Limited, buy the company report.
Legal cases
Midcity Properties Private Limited has 5 court cases on record: 2 filed by Midcity Properties, 3 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed against the company by Re: A to Z Merchants Pvt. Ltd. & Ors. | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by an individual | Pending |
| District court, North Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed by the company against Jai Amani Vyapaar Private Limited | Disposed |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by Bhawani Vypar Pvt. Ltd. | Disposed |
| Calcutta High Court | Court case (CO) | Filed by the company against an individual | Disposed |
To see the full case history of Midcity Properties 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 Midcity Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Midcity Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAFCA6411M1ZI | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Midcity Properties Private Limited, buy the company report.
Recent activity
Midcity Properties Private Limited has 7 board changes on record since 2009: 2 appointments and 5 cessations. The latest: Chanchal Mahato ceased to be Director on 18 Nov 2016.
Frequently asked questions
Midcity Properties is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 20 February 2006 (20+ years old) and is registered under CIN U70101WB2006PTC108131.
Midcity Properties has 2 current directors:
- Bijay Kumar Mahakul - Director
- Ayush Barman - Director
The latest financial statements of Midcity Properties on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Midcity Properties is 19AAFCA6411M1ZI, registered in West Bengal.
The CIN (Corporate Identification Number) of Midcity Properties is U70101WB2006PTC108131. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midcity Properties has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Midcity Properties was incorporated on 20 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Midcity Properties by revenue are Nuray Realtech Private Limited, MNT Infratech Private Limited, Tdi Promoters Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Chanchal Mahato ceased to be Director on 18 Nov 2016. Ayush Barman was appointed as Director on 24 Sep 2016. Tarak Nath Saha ceased to be Director on 16 Feb 2015. Midcity Properties has 7 board changes on record in total.
The registered office of Midcity Properties is at 162 Netaji Subhas Chandra Bose Road, Kolkata, West Bengal, India – 700040.
Midcity Properties operates in the real estate industry, in the real estate leasing segment.
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