About New Chennai Township Private Limited
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New Chennai Township Private Limited is a private limited company based in Cheyyur, Tamil Nadu, India, a subsidiary of Marg Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 24 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45202TN2006PTC059295. Its GSTIN is 33AACCN3054A2Z5 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹120 Cr and a paid-up capital of ₹120 Cr. It is led by directors Sivakumar Nathan and Mohankumaramangam Jambulingam.
Its last annual general meeting (AGM) was held on 28 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Seekanakuppam Village, Cheyyur, Tamil Nadu, India – 603305.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.19 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹3.1 Cr (net margin -141.7%) and EBITDA of -₹32.65 Lakh (EBITDA margin -14.9%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 26% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹229.07 Cr and satisfied charges of ₹1,166.86 Cr on record. Court records list 120 cases involving the company, including 64 filed by the company and 56 filed against it; 13 cases are pending. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹119.99 Cr; the latest was in May 2012.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website marggroup.com.
Company details
Contact details
New Chennai Township Private Limited's registered office is in Cheyyur, Tamil Nadu. Its website is marggroup.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressSeekanakuppam Village, Cheyyur, Tamil Nadu, India – 603305
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of New Chennai Township 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
Business activity
The main business activity of New Chennai Township is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of New Chennai Township Private Limited, buy the company report.
Financials of New Chennai Township Private Limited
FY 2022 filings availableNew Chennai Township Private Limited reported revenue of ₹2.19 Cr (down 21% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 21% fall in the latest year. EBITDA fell 209% 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
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| EBITDA | -₹32.65 Lakh | ||||
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| Net Profit (PAT) | -₹3.1 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -14.9% | ||||
| Net Profit Margin | -141.7% | ||||
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To see the full financial statements and ratios of New Chennai Township Private Limited, buy the company report.
Board of directors of New Chennai Township Private Limited
New Chennai Township has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sivakumar Nathan Also directs: Marg Projects and Infrastructure Limited, Arul Digital Infrastructure Private Limited, Digital Accelerator Limited and 1 more | Director | 13 Jun 2019 | 7 Years 4 Months | Current |
| Mohankumaramangam Jambulingam | Director | 13 Jun 2019 | 7 Years 4 Months | Current |
Auditor
New Chennai Township Private Limited is audited by B PANNEER & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B PANNEER & CO | FY 2019 | 011335S |
Shareholding
The shareholding of New Chennai Township Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of New Chennai Township Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2023 | 100713257 | Others | ₹50 Cr | Open | |
| 20 Jun 2014 | 10532947 | Srei Equipment Finance Limited | ₹13 Cr | Open | |
| 01 Oct 2011 | 10313108 | Srei Equipment Finance Private Limited | ₹1.07 Cr | Open | |
| 23 Jun 2010 | 10224942 | Icici Bank Ltd | ₹165 Cr | Open | |
| 21 Oct 2013 | 10457505 | Others | ₹175.4 Cr | Satisfied |
To see the full charge records of New Chennai Township Private Limited, buy the company report.
Total charge records: 20 View all charges
Deals & funding
New Chennai Township Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹119.99 Cr; the latest was in May 2012.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2012 | Funding round | ₹57.5 Cr | Investors: Marg Limited |
| Oct 2010 | Funding round | ₹11.5 Cr | Investors: Marg Limited |
| Oct 2006 | Funding round | ₹50.99 Cr | Investors: Marg Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
New Chennai Township Private Limited has 120 court cases on record: 64 filed by New Chennai Township, 56 filed against it. 13 cases are pending and 107 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 61 | 31 | 8 |
| High courts | 43 | 21 | 4 |
| NCLT | 14 | 2 | 0 |
| NCLAT | 2 | 2 | 1 |
Cases on record (5 of 120)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company against Eswari Electricals Pvt Ltd Rep by Authorised Signatory P Ramanan | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Eswari Electricals Pvt Ltd Rep by Authorised Signatory P Ramanan | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Arisinfra Solutions Ltd | Disposed |
| High Court | Arbitration matter | Filed against the company by Eswari Electricals Private Limited M/S. K.Moorthy, 7338778294,Kasthuri Rangan, ,Ram Kumar Natarajan,,P.Stephen Raj, ,S.R.Sundar, | Disposed |
| District court, Chennai, Tamil Nadu | Court case (PC) | Filed against the company by Eswari Electricals Pvt Ltd Rep by Authorised Signatory P Ramanan | Disposed |
To see the full case history of New Chennai Township 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 New Chennai Township Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
New Chennai Township Private Limited has a workforce of 5 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
New Chennai Township has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCN3054A2Z5 | Tamil Nadu | Active | 07 Jul 2017 |
To see the full GST registrations and return filing status of New Chennai Township Private Limited, buy the company report.
Recent activity
New Chennai Township Private Limited has 14 board changes on record since 2007: 2 appointments and 12 cessations. The latest: Mohankumaramangam Jambulingam was appointed as Director on 13 Jun 2019.
56 earlier events are in the company report.
Frequently asked questions
New Chennai Township is an active private limited company based in Cheyyur, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 24 March 2006 (20+ years old) and is registered under CIN U45202TN2006PTC059295.
New Chennai Township has 2 current directors:
- Sivakumar Nathan - Director
- Mohankumaramangam Jambulingam - Director
The latest financial statements of New Chennai Township on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 28 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of New Chennai Township is 33AACCN3054A2Z5, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of New Chennai Township is U45202TN2006PTC059295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Chennai Township has 120 court cases on record: 64 filed by the company and 56 filed against it. 13 are pending. Most are in the district courts.
New Chennai Township was incorporated on 24 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
New Chennai Township has 3 deals on record (3 funding rounds), with disclosed funding of ₹119.99 Cr; the latest was in May 2012.
Mohankumaramangam Jambulingam was appointed as Director on 13 Jun 2019. Prabhakaran Durairaj ceased to be Director on 13 Jun 2019. Rajesh Vaidhiyanathan ceased to be Director on 13 Jun 2019. New Chennai Township has 14 board changes on record in total.
New Chennai Township can be reached through the website marggroup.com. Its registered office is in Cheyyur, Tamil Nadu, India.
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