Multirise Towers Pvt Ltd
About Multirise Towers Pvt Ltd
Data last updated:
Multirise Towers Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 May 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB1985PTC038880. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹19.99 Cr. It is led by directors Argha Banerjee and Ashok Kumar Jha.
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 Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.5 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹14.44 Lakh (net margin -1.9%) and EBITDA of ₹7.47 Cr (EBITDA margin 99.6%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹95.7 Cr and satisfied charges of ₹85 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address5 B Nandalal Basu Sarani, (Little Russel Street), Kolkata, West Bengal, India – 700071
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Financials of Multirise Towers Pvt Ltd FY 2024 filings available
Multirise Towers Pvt Ltd reported revenue of ₹7.5 Cr (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Multirise Towers Pvt Ltd
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 8% fall in the latest year. EBITDA rose 174% 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 of Multirise Towers Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.47 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14.44 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 of Multirise Towers Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Multirise Towers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Multirise Towers Pvt Ltd
Multirise Towers Pvt Ltd is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Marvellous Intra Pvt.Ltd. | ₹7.51 Cr (FY 2025) | •••• | •••• | -80.0% | •••• | Kolkata, West Bengal, India |
| Prime Developers Private Limited | ₹7.5 Cr (FY 2025) | •••• | •••• | 1497.0% | •••• | Ernakulam, Kerala, India |
| Splendor Buildwell Private Limited | ₹7.5 Cr (FY 2022) | •••• | •••• | 11418.0% | •••• | New Delhi, Delhi, India |
| Adm Developers Private Limited | ₹7.5 Cr (FY 2025) | •••• | •••• | -52.0% | •••• | Delhi, India |
| Relpro Homes Private Limited | ₹7.5 Cr (FY 2025) | •••• | •••• | •••• | Meerut, Uttar Pradesh, India | |
| Multirise Towers Pvt Ltd this company | ₹7.5 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Kolkata, West Bengal, India |
| Nitya Realtech Private Limited | ₹7.5 Cr (FY 2021) | •••• | •••• | -49.0% | •••• | Delhi, India |
| Dreamland Infra Promoters Private Limited | ₹7.5 Cr (FY 2025) | •••• | •••• | 1388.0% | •••• | Lucknow, Uttar Pradesh, India |
| A S Realcon Private Limited | ₹7.5 Cr (FY 2023) | •••• | •••• | 5972.0% | •••• | Gurgaon, Haryana, India |
| N Kumar Projects & Infrastructure Private Limited | ₹7.5 Cr (FY 2016) | •••• | •••• | 25.0% | •••• | Nagpur, Maharashtra, India |
| Aaditri Estate Developers Private Limited | ₹7.49 Cr (FY 2020) | •••• | •••• | -29.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Multirise Towers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Multirise Towers Pvt Ltd
Multirise Towers Pvt Ltd is audited by Chowdhury Basu & Ray for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Chowdhury Basu & Ray | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Multirise Towers Pvt Ltd
Multirise Towers has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Argha Banerjee Also directs: Tenughat Emta Coal Mines Limited, Gourangdih Coal Limited, Emta Minerals Private Limited and 5 more | Director | 21 Sep 2022 | 4 Years 0 Months | Current |
| Ashok Kumar Jha Also directs: Tenughat Emta Coal Mines Limited, Karnataka Emta Coal Mines Limited, Unimine Infrastructure Limited and 1 more | Director | 05 Jun 2015 | 11 Years 4 Months | Current |
Ownership and Shareholding of Multirise Towers Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Multirise Towers Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Mar 2017 | Others | ₹70 Cr | Open |
| 03 Oct 2016 | Others | ₹20.5 Cr | Open |
| 22 Mar 2016 | Others | ₹5.2 Cr | Open |
| 05 Jan 2016 | Others | ₹15 Cr | Satisfied |
| 21 Aug 2015 | Srei Equipment Finance Limited | ₹70 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Multirise Towers Pvt Ltd
Multirise Towers Pvt Ltd has 2 court cases on record: 1 filed by Multirise Towers, 1 filed against it. All cases are disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Mun.Appeal) | Filed by the company against Municipal Corporation of Greater Mumbai Anr | Disposed |
| Calcutta High Court | Court case (APO) | Filed against the company by Appropriate Authority of I.T. & Ors | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Multirise Towers Pvt Ltd
Employment history and EPFO contributions of people linked to Multirise Towers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Multirise Towers Pvt Ltd
Multirise Towers has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
Recent Activity on Multirise Towers Pvt Ltd
Multirise Towers Pvt Ltd has 8 board changes on record since 2012: 3 appointments and 5 cessations. The latest: Ghanshyam Mohta was appointed as Company Secretary on 04 Apr 2025.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Multirise Towers Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Multirise Towers Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Multirise Towers Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Multirise Towers Pvt Ltd
Multirise Towers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Multirise Towers Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Multirise Towers Pvt Ltd
Multirise Towers is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 May 1985 (41+ years old) and is registered under CIN U70101WB1985PTC038880.
Multirise Towers reported revenue of ₹7.5 Cr for FY 2024 (down 8% YoY).
Multirise Towers has 2 current directors:
- Argha Banerjee - Director
- Ashok Kumar Jha - Director
Multirise Towers reported a net loss of ₹14.44 Lakh (net margin -1.9%) and EBITDA of ₹7.47 Cr (EBITDA margin 99.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Multirise Towers is -15% over three years and -19% over five years. In the latest year (FY 2024) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
No. Multirise Towers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Multirise Towers is U70101WB1985PTC038880. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multirise Towers has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the high courts.
Multirise Towers was incorporated on 03 May 1985, making it 41+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Multirise Towers by revenue are Marvellous Intra Pvt.Ltd, Prime Developers Private Limited, Splendor Buildwell Private Limited, Adm Developers Private Limited, Relpro Homes Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Ghanshyam Mohta was appointed as Company Secretary on 04 Apr 2025. Rabin Mondal ceased to be Director on 25 May 2023. Argha Banerjee ceased to be Additional Director on 30 Sep 2022. Multirise Towers has 8 board changes on record in total.