Multitech Towers Private Limited
About Multitech Towers Private Limited
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Multitech Towers Private Limited is a private limited company based in Chandigarh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U00082CH2006PTC029479. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors Gaganjit Singh Barnala and Tarninder Singh.
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 is at SCO 139 – 140 Sector 17 – C, Chandigarh, India.
As per the financials filed for FY 2015, the company reported a revenue of ₹18.15 Cr, a growth of 124% compared to the previous year. For the same year it recorded a net profit of ₹14 Lakh (net margin 0.8%) and EBITDA of ₹17.29 Lakh (EBITDA margin 1%).
As per MCA filings, the company has satisfied charges of ₹64 Cr on record. Court records list 13 cases involving the company, including 5 filed by the company and 8 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Multitech Towers Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSCO 139 – 140 Sector 17 – C, Chandigarh, India
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Multitech 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
Business activity
The main business activity of Multitech Towers 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 Multitech Towers Private Limited, buy the company report.
Financials of Multitech Towers Private Limited
FY 2017 filings availableMultitech Towers Private Limited reported revenue of ₹18.15 Cr (up 124% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 124% in the latest year. EBITDA rose 619% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹18.15 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹17.29 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹14 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 1% |
| Net Profit Margin | 0.8% |
| 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 Multitech Towers Private Limited, buy the company report.
Board of directors of Multitech Towers Private Limited
Multitech Towers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaganjit Singh Barnala Also directs: Neils Food India Limited, Multitech Estates Private Limited | Director | 04 Jan 2006 | 20 Years 9 Months | Current |
| Tarninder Singh | Director | 04 Jan 2006 | 20 Years 9 Months | Current |
Peer comparison
Multitech Towers Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Water Edge Builders Private Limited | ₹18.18 Cr (FY 2025) | 142.0% | Kolkata, West Bengal, India | |||
| Unitech Acacia Projects Private Limited | ₹18.15 Cr (FY 2016) | -87.0% | New Delhi, Delhi, India | |||
| Multitech Towers Private Limitedthis company | ₹18.15 Cr (FY 2015) | ₹14 Lakh | 0.8% | 124.0% | Chandigarh, India | |
| Indiabuild Homes Private Limited | ₹18.13 Cr (FY 2024) | -27.0% | Bangalore, Karnataka, India | |||
| Sangwan Landco Private Limited | ₹18.1 Cr (FY 2025) | -5.0% | New Delhi, Delhi, India | |||
| Sree Gokulam Housing Company Private Limited | ₹18.1 Cr (FY 2025) | 1.0% | Kottayam, Kerala, India |
To see the full peer comparison of Multitech Towers Private Limited, buy the company report.
Auditor
Multitech Towers Private Limited is audited by D NAGPAL & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D NAGPAL & CO | FY 2015 | 006541N |
Shareholding
The shareholding of Multitech Towers Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Multitech Towers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jan 2010 | 10200998 | Punjab National Bank | ₹14 Cr | Satisfied | |
| 29 Sep 2009 | 10182611 | Punjab National Bank | ₹25 Cr | Satisfied | |
| 19 May 2008 | 10105240 | Punjab National Bank | ₹10 Cr | Satisfied | |
| 14 Jun 2007 | 10060137 | Punjab National Bank | ₹15 Cr | Satisfied |
To see the full charge records of Multitech Towers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Multitech Towers Private Limited has 13 court cases on record: 5 filed by Multitech Towers, 8 filed against it. 3 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 6 | 3 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SAS Nagar, Punjab | Civil suit | Filed against the company | Pending |
| District court, Chandigarh | Appeal | Filed against the company by an individual | Pending |
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by an individual | Pending |
| District court, Chandigarh | Interim or miscellaneous application | Filed against the company by Ria Construction Ltd | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against individuals | Disposed |
To see the full case history of Multitech 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 Multitech Towers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Multitech Towers Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Multitech Towers has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Multitech Towers Private Limited, buy the company report.
Recent activity
Multitech Towers Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Gaganjit Singh Barnala was appointed as Director on 04 Jan 2006.
1 earlier event is in the company report.
Frequently asked questions
Multitech Towers is an active private limited company based in Chandigarh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 04 January 2006 (20+ years old) and is registered under CIN U00082CH2006PTC029479.
Multitech Towers has 2 current directors:
- Gaganjit Singh Barnala - Director
- Tarninder Singh - Director
The latest financial statements of Multitech 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.
No. Multitech Towers has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Multitech Towers is U00082CH2006PTC029479. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multitech Towers has 13 court cases on record: 5 filed by the company and 8 filed against it. 3 are pending. Most are in the district courts.
Multitech Towers was incorporated on 04 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Multitech Towers by revenue are Water Edge Builders Private Limited, Unitech Acacia Projects Private Limited, Indiabuild Homes Private Limited, Sangwan Landco Private Limited, Sree Gokulam Housing Company Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Gaganjit Singh Barnala was appointed as Director on 04 Jan 2006. Tarninder Singh was appointed as Director on 04 Jan 2006.
The registered office of Multitech Towers is at SCO 139 – 140 Sector 17 – C, Chandigarh, India.
Multitech Towers operates in the real estate and construction industry, in the real estate builders and developers segment.