My Towers Builders and Developers Private Limited
About My Towers Builders and Developers Private Limited
Data last updated:
My Towers Builders and Developers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45200KA1996PTC020214. Its GSTIN is 29AAACH4896A2ZI (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹53.4 Lakh. It was formerly known as High-Tower Builders and Developers Pvt Ltd. It is led by directors including Sadashiva Chandramouli and Shivamani Chikkamallappa.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 12 A M Road Kalasipalyam Bangalore, Karnataka, India – 560002.
As per the financials filed for FY 2019, the company reported a revenue of ₹36.75 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹16.68 Lakh (net margin 45.4%) and EBITDA of ₹23.14 Lakh (EBITDA margin 63%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years.
As per MCA filings, the company has open charges of ₹1.54 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
My Towers Builders and Developers has one previous CIN (Corporate Identification Number): U85110KA1996PTC020214. The current CIN is U45200KA1996PTC020214, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200KA1996PTC020214 | Current |
| U85110KA1996PTC020214 | Previous |
Contact details
My Towers Builders and Developers Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address12 A M Road Kalasipalyam Bangalore, Karnataka, India – 560002
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of My Towers Builders and Developers 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 My Towers Builders and Developers Private Limited
FY 2019 filings availableMy Towers Builders and Developers Private Limited reported revenue of ₹36.75 Lakh (up 7% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% over three years, including 7% growth in the latest year. EBITDA fell 14% 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | ₹23.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.68 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 63% | ||||
| Net Profit Margin | 45.4% | ||||
| 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 My Towers Builders and Developers Private Limited, buy the company report.
Board of directors of My Towers Builders and Developers Private Limited
My Towers Builders and Developers has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sadashiva Chandramouli | Director | 10 Jul 1999 | 27 Years 3 Months | Current |
| Shivamani Chikkamallappa Also directs: Aeternus Constructions Private Limited | Director | 03 Apr 1996 | 30 Years 6 Months | Current |
| Sadashiva Arun Kumar | Director | 29 Sep 2001 | 25 Years 1 Months | Current |
| Mallikarjuna Nanjappa | Director | 03 Apr 1996 | 30 Years 6 Months | Current |
| Nanjappa Sadashiva | Director | 10 Jul 1999 | 27 Years 3 Months | Current |
Peer comparison
My Towers Builders and Developers 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 (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adharsila Homes Private Limited | ₹36.77 Lakh (FY 2025) | -71.0% | Jamshedpur, Jharkhand, India | |||
| Debsib Construction Private Limited | ₹36.77 Lakh (FY 2020) | 10.0% | Khurda, Odisha, India | |||
| My Towers Builders and Developers Private Limitedthis company | ₹36.75 Lakh (FY 2019) | ₹16.68 Lakh | 45.4% | 7.0% | Bangalore, Karnataka, India | |
| Juggernaut Homes Pvt Ltd | ₹36.75 Lakh (FY 2025) | -42.0% | Kolkata, West Bengal, India |
To see the full peer comparison of My Towers Builders and Developers Private Limited, buy the company report.
Auditor
My Towers Builders and Developers Private Limited is audited by S R R K SHARMA ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R R K SHARMA ASSOCIATES | FY 2017 | 003790S |
Shareholding
The shareholding of My Towers Builders and Developers 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 My Towers Builders and Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Sep 2018 | 100213167 | Others | ₹1.54 Cr | Open |
Total charge records: 1 View all charges
Legal cases
My Towers Builders and Developers Private Limited has 6 court cases on record: 3 filed by My Towers Builders and Developers, 3 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 3 | 3 | 2 |
| District courts | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT Chennai | Company appeal | Filed against the company by individuals | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by individuals | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by individuals | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against Icici Bank and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
To see the full case history of My Towers Builders and Developers 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 My Towers Builders and Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
My Towers Builders and Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACH4896A2ZI | Karnataka | Active | 04 Sep 2017 |
To see the full GST registrations and return filing status of My Towers Builders and Developers Private Limited, buy the company report.
Recent activity
My Towers Builders and Developers Private Limited has 8 board changes on record since 1996: 5 appointments and 3 cessations. The latest: Bharathi Muninanjappa Budigere ceased to be Director on 08 Nov 2015.
Frequently asked questions
My Towers Builders and Developers is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 April 1996 (30+ years old) and is registered under CIN U45200KA1996PTC020214.
My Towers Builders and Developers has 5 current directors:
- Sadashiva Chandramouli - Director
- Shivamani Chikkamallappa - Director
- Sadashiva Arun Kumar - Director
- Mallikarjuna Nanjappa - Director
- Nanjappa Sadashiva - Director
The latest financial statements of My Towers Builders and Developers on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of My Towers Builders and Developers is 29AAACH4896A2ZI, registered in Karnataka. 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 My Towers Builders and Developers is U45200KA1996PTC020214. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
My Towers Builders and Developers has 6 court cases on record: 3 filed by the company and 3 filed against it. 2 are pending. Most are in the nclat.
My Towers Builders and Developers was incorporated on 03 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of My Towers Builders and Developers by revenue are Adharsila Homes Private Limited, Debsib Construction Private Limited, Juggernaut Homes Pvt Ltd, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Bharathi Muninanjappa Budigere ceased to be Director on 08 Nov 2015. Nichannamentala Madhusudana Rao ceased to be Director on 08 Nov 2015. Rachamallu Chandrasekhar Reddy ceased to be Director on 08 Nov 2015. My Towers Builders and Developers has 8 board changes on record in total.
The registered office of My Towers Builders and Developers is at 12 A M Road Kalasipalyam Bangalore, Karnataka, India – 560002.
My Towers Builders and Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
