About Towny Nest Ventures Private Limited
Data last updated:
Towny Nest Ventures 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 23 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U07010KA2004PTC034186. Its GSTIN is 29AACCG2413Q1ZC (Karnataka).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹1.74 Cr. It was formerly known as Gina Developers Private Limited. It is led by directors including Tomy Thomas (Managing Director) and Misra Umesh.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #330 Near Bank Of Baroda Double Road 1st Stage Indiranagar, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.23 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹96.19 Lakh (net margin 7.3%) and EBITDA of ₹1.55 Cr (EBITDA margin 11.7%). Revenue has grown at a compounded annual rate (CAGR) of 102% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹7 Cr and satisfied charges of ₹17.91 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ginadevelopers.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address#330 Near Bank Of Baroda Double Road 1st Stage Indiranagar, Bangalore, Karnataka, India – 560038
- 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
Business Activity of Towny Nest Ventures Private Limited
The main business activity of Towny Nest Ventures is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Towny Nest Ventures Private Limited FY 2025 filings available
Towny Nest Ventures Private Limited reported revenue of ₹13.23 Cr (up 196% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Towny Nest Ventures Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 196% growth in the latest year. EBITDA rose 106% 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 Towny Nest Ventures Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.55 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹96.19 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 Towny Nest Ventures Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.3% | •••• | •••• | •••• | •••• |
| 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 Towny Nest Ventures 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 Towny Nest Ventures Private Limited
Towny Nest Ventures Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Doshi Housing Private Limited | •••• | •••• | •••• | •••• | 17 | Kilpauk, Tamil Nadu, India |
| Kamrup Housing Projects Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Kamra Buildtech Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Echo Entertainment Private Limited | •••• | •••• | •••• | •••• | - | Saltlake, West Bengal, India |
| Sharwan and Sunny Construction Private Limited | •••• | •••• | •••• | •••• | - | Aurangabad, Bihar, India |
| Towny Nest Ventures Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Shree Realtors Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Prateek Infraprojects India Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Bhaveen Construction Private Limited | •••• | •••• | •••• | •••• | - | Baroda, Gujarat, India |
| Lotus Grih Nirman Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Empyrean Building Solutions Private Limited | •••• | •••• | •••• | •••• | - | Kharagpur, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Towny Nest Ventures by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Towny Nest Ventures Private Limited
Towny Nest Ventures Private Limited is audited by GUNASHEELA AND ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GUNASHEELA AND ASSOCIATES | 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 Towny Nest Ventures Private Limited
Towny Nest Ventures has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Misra Umesh | Director | 23 May 2024 | 2 Years 4 Months | Current |
| Roshan George Also directs: Lake Hill Farms LLP | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Ramesh Kagod Puttappa | Director | 01 Sep 2022 | 4 Years 1 Months | Current |
| Tomy Thomas Also directs: Gina Engineering Company Private Limited, Lake Hill Farms LLP | Managing Director | 23 Jun 2004 | 22 Years 3 Months | Current |
| Sathy Sugesh Parameswaran Nair Kumar Also directs: Gina Engineering Company Private Limited | Director | 23 Jun 2004 | 22 Years 3 Months | Current |
Ownership and Shareholding of Towny Nest Ventures Private Limited
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 Towny Nest Ventures Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2025 | Others | ₹7 Cr | Open |
| 31 May 2013 | Union Bank of India | ₹11.91 Cr | Satisfied |
| 14 Jul 2010 | State Bank of Mysore | ₹4 Cr | Satisfied |
| 26 May 2008 | State Bank of Mysore | ₹2 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Towny Nest Ventures Private Limited
Towny Nest Ventures Private Limited has 2 court cases on record: 2 filed by Towny Nest Ventures. All cases are disposed. Status as checked between 29 Sep 2026 and 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | 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 Towny Nest Ventures Private Limited
Employment history and EPFO contributions of people linked to Towny Nest Ventures.
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.
Name History of Towny Nest Ventures Private Limited
Towny Nest Ventures has undergone 2 name changes throughout its history. The company was previously known as Towny Nest Ventures Private Limited, and Gina Developers Private Limited. The current legal name is Towny Nest Ventures Private Limited.
| Company Name | Status |
|---|---|
| Towny Nest Ventures Private Limited | Current |
| Gina Developers Private Limited | Previous |
Recent Activity on Towny Nest Ventures Private Limited
Towny Nest Ventures Private Limited has 9 board changes on record since 2004: 5 appointments and 4 cessations. The latest: Misra Umesh ceased to be Additional Director on 23 Sep 2024.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Towny Nest Ventures Private Limited
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 Towny Nest Ventures Private Limited
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 Towny Nest Ventures Private Limited
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 Towny Nest Ventures Private Limited
Towny Nest Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCG2413Q1ZC | Karnataka | Active | 01 Jul 2017 |
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 Towny Nest Ventures Private Limited
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 Towny Nest Ventures Private Limited
Towny Nest Ventures 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 23 June 2004 (22+ years old) and is registered under CIN U07010KA2004PTC034186.
Towny Nest Ventures reported revenue of ₹13.23 Cr for FY 2025 (up 196% YoY).
Towny Nest Ventures has 5 current directors:
- Tomy Thomas - Managing Director
- Misra Umesh - Director
- Roshan George - Director
- Ramesh Kagod Puttappa - Director
- Sathy Sugesh Parameswaran Nair Kumar - Director
Towny Nest Ventures reported a net profit of ₹96.19 Lakh (net margin 7.3%) and EBITDA of ₹1.55 Cr (EBITDA margin 11.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Towny Nest Ventures is 102% over three years and 6% over five years. In the latest year (FY 2025) revenue rose 196%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Towny Nest Ventures is 29AACCG2413Q1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Towny Nest Ventures is U07010KA2004PTC034186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Towny Nest Ventures has 2 court cases on record: 2 filed by the company.
Towny Nest Ventures was incorporated on 23 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Towny Nest Ventures by revenue are Doshi Housing Private Limited, Kamrup Housing Projects Private Limited, Kamra Buildtech Private Limited, Echo Entertainment Private Limited, Sharwan and Sunny Construction Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Misra Umesh ceased to be Additional Director on 23 Sep 2024. Misra Umesh was appointed as Director on 23 May 2024. Ramesh Kagod Puttappa ceased to be Additional Director on 30 Sep 2022. Towny Nest Ventures has 9 board changes on record in total.