Tower Realtech Private Limited
About Tower Realtech Private Limited
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Tower Realtech Private Limited was a private limited company based in Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 19 May 2011.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U70109DL2011PTC219393.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Sarabjit Singh Keer and Raj Kumar Madaan.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Iind Floor Plot No. – 1 Garg Trade Centre Sector – 11 Rohini, Delhi, India – 110085.
As per the financials filed for FY 2017, the company reported a revenue of ₹27,600, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹17,090 (net margin -61.9%) and EBITDA of ₹2,910 (EBITDA margin 10.5%).
Company details
Contact details
Tower Realtech Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressIind Floor Plot No. – 1 Garg Trade Centre Sector – 11 Rohini, Delhi, India – 110085
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Tower Realtech 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 Tower Realtech is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Tower Realtech Private Limited, buy the company report.
Financials of Tower Realtech Private Limited
FY 2018 filings availableTower Realtech Private Limited reported revenue of ₹27,600 (up 14% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 14% in the latest year. EBITDA fell 81% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹27,600 | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
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| Total Expenses | |||
| EBITDA | ₹2,910 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹17,090 | ||
| Balance Sheet | |||
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| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10.5% | ||
| Net Profit Margin | -61.9% | ||
| 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 Tower Realtech Private Limited, buy the company report.
Board of directors of Tower Realtech Private Limited
Tower Realtech has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarabjit Singh Keer | Director | 19 Jan 2014 | 12 Years 9 Months | As last reported |
| Ojus Madaan Also directs: R.K. City Promoters Private Limited, Ojas Impex Private Limited, KTG Developers Private Limited and 5 more | Additional Director | 27 Apr 2018 | 8 Years 6 Months | As last reported |
| Raj Kumar Madaan Also directs: R.K. City Promoters Private Limited, Ojas Impex Private Limited, KTG Developers Private Limited and 2 more | Director | 19 May 2011 | 15 Years 5 Months | As last reported |
| Nikhil Madaan Also directs: Heavens Mall Developers Private Limited | Director | 19 Jan 2014 | 12 Years 9 Months | As last reported |
Auditor
Tower Realtech Private Limited is audited by AVK & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AVK & ASSOCIATES | FY 2017 | 02638N |
Shareholding
The shareholding of Tower Realtech 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 Tower Realtech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tower Realtech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tower Realtech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Tower Realtech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tower Realtech Private Limited has 6 board changes on record since 2011: 4 appointments and 2 cessations. The latest: Ojus Madaan was appointed as Additional Director on 27 Apr 2018.
Frequently asked questions
Tower Realtech has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Tower Realtech was a private limited company based in Delhi, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 19 May 2011 and is registered under CIN U70109DL2011PTC219393. The company has been struck off by the Registrar of Companies and is no longer operational.
Tower Realtech had 4 directors:
- Sarabjit Singh Keer - Director
- Ojus Madaan - Additional Director
- Raj Kumar Madaan - Director
- Nikhil Madaan - Director
The CIN (Corporate Identification Number) of Tower Realtech is U70109DL2011PTC219393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Tower Realtech is at Iind Floor Plot No. – 1 Garg Trade Centre Sector – 11 Rohini, Delhi, India – 110085.
Tower Realtech was incorporated on 19 May 2011. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Tower Realtech on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Tower Realtech operated in the real estate and construction industry, in the real estate builders and developers segment. It worked in this industry before it was struck off.
Ojus Madaan was appointed as Additional Director on 27 Apr 2018. Manjesh Khatri ceased to be Director on 20 Jan 2014. Sudhir Kumar ceased to be Director on 20 Jan 2014. Tower Realtech has 6 board changes on record in total.
Tower Realtech can be reached at its registered office: Iind Floor Plot No. – 1 Garg Trade Centre Sector – 11 Rohini, Delhi, India – 110085.
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