About North Town Estates Private Limited
Data last updated:
North Town Estates Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Arihant Foundations & Housing Limited. It operates in the real estate brokerage and services segment of the real estate and construction sector. It was incorporated on 27 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74120TN2008PTC123313. Its GSTIN is 33AAACU9740L1Z1 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Unitech Cestos Realtors Private Limited. It is led by directors Omprakash Madhav and Narasappan Kannaiyan.
Its last annual general meeting (AGM) was held on 27 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2019, the company reported a revenue of ₹59.54 Cr. For the same year it recorded a net loss of ₹44.71 Lakh (net margin -0.8%) and EBITDA of -₹31.22 Lakh (EBITDA margin -0.5%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹62 Cr and satisfied charges of ₹155 Cr on record. Court records list 23 cases involving the company, including 18 filed by the company and 5 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website perambur2.com.
Company details
CIN history
North Town Estates has one previous CIN (Corporate Identification Number): U74120DL2008PTC174586. The current CIN is U74120TN2008PTC123313, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120TN2008PTC123313 | Current |
| U74120DL2008PTC174586 | Previous |
Contact details
North Town Estates Private Limited's registered office is in Chennai, Tamil Nadu. Its website is perambur2.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo. 3 Ganapathy Colony 3rd Street Off. Cenotaph Road Teynampe, T, Chennai, Tamil Nadu, India – 600018
- IndustryReal Estate and Construction, Real Estate Brokerage & Services, Real Estate Builders & Developers
To see the full contact details of North Town Estates 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 North Town Estates is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of North Town Estates Private Limited, buy the company report.
Financials of North Town Estates Private Limited
FY 2019 filings availableNorth Town Estates Private Limited reported revenue of ₹59.54 Cr for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years. EBITDA rose 98% 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 | ₹59.54 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹31.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹44.71 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.5% | ||||
| Net Profit Margin | -0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of North Town Estates Private Limited, buy the company report.
Board of directors of North Town Estates Private Limited
North Town Estates has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narasappan Kannaiyan Also directs: Varenya Constructions Limited, Arihant Hospitality (Chennai) Private Limited, Transperent Heights Real Estate Limited and 2 more | Additional Director | 30 May 2018 | 8 Years 5 Months | Current |
| Omprakash Madhav | Director | 11 Mar 2016 | 10 Years 7 Months | Current |
Auditor
North Town Estates Private Limited is audited by ABHISHEK RAJA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHISHEK RAJA & ASSOCIATES | FY 2019 | 021630N |
Shareholding
The shareholding of North Town Estates Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of North Town Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2024 | 100984135 | Others | ₹5 Cr | Open | |
| 04 Oct 2024 | 100984134 | Others | ₹7 Cr | Open | |
| 04 Oct 2024 | 100984132 | Others | ₹10 Cr | Open | |
| 09 Oct 2023 | 100792007 | Others | ₹10 Cr | Open | |
| 14 Sep 2023 | 100787219 | Others | ₹15 Cr | Open |
To see the full charge records of North Town Estates Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
North Town Estates Private Limited has 23 court cases on record: 18 filed by North Town Estates, 5 filed against it. 3 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 2 | 2 |
| District courts | 4 | 2 | 0 |
| Supreme Court | 1 | 0 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against M/S. PVP Ventures Ltd, and 2 others | Pending |
| Madras High Court | Court case (CMSA) | Filed by the company against PVP Ventures Ltd., and 1 other | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against PVP Ventures Ltd., and 1 other | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against M/S. PVP Ventures Ltd, and 2 others | Disposed |
| Supreme Court | Court case | Filed by the company against an individual | Pending |
To see the full case history of North Town Estates 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 North Town Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
North Town Estates has 1 joint venture. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
Employees & EPFO
North Town Estates Private Limited has a workforce of 3 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
North Town Estates has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACU9740L1Z1 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of North Town Estates Private Limited, buy the company report.
Recent activity
North Town Estates Private Limited has 15 board changes on record since 2008: 2 appointments and 13 cessations. The latest: Narasappan Kannaiyan was appointed as Additional Director on 30 May 2018.
20 earlier events are in the company report.
Frequently asked questions
North Town Estates is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate brokerage and services, within the real estate and construction industry. It was incorporated on 27 February 2008 (18+ years old) and is registered under CIN U74120TN2008PTC123313.
North Town Estates has 2 current directors:
- Narasappan Kannaiyan - Additional Director
- Omprakash Madhav - Director
The latest financial statements of North Town Estates on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 27 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of North Town Estates is 33AAACU9740L1Z1, 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 North Town Estates is U74120TN2008PTC123313. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
North Town Estates has 23 court cases on record: 18 filed by the company and 5 filed against it. 3 are pending. Most are in the high courts.
North Town Estates was incorporated on 27 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
Narasappan Kannaiyan was appointed as Additional Director on 30 May 2018. Gouri Sankar Rana ceased to be Additional Director on 03 May 2018. Jaideep Singh ceased to be Director on 26 Oct 2017. North Town Estates has 15 board changes on record in total.
North Town Estates can be reached through the website perambur2.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of North Town Estates is at No. 3 Ganapathy Colony 3rd Street Off. Cenotaph Road Teynampe, T, Chennai, Tamil Nadu, India – 600018.
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