
About Turner Morrison Ltd
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Turner Morrison Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 04 July 1913 and has been in existence for over 113 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51109WB1913PLC002404. Its GSTIN is 19AAACT9790M1ZG (West Bengal). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹16.05 Cr and a paid-up capital of ₹5.35 Cr. It was formerly known as Turner Morrison & Co Limited. It is led by directors including Rajesh Chaudhuri (Managing Director) and Jayant Raj Kochar.
Its last annual general meeting (AGM) was held on 08 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2023, the company reported a revenue of ₹13.64 Cr, a decline of 44.33% compared to the previous year.
The company has about 13 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹70 Cr and satisfied charges of ₹144.81 Cr on record. Court records list 173 cases involving the company, including 105 filed by the company and 68 filed against it; 24 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 turner.co.in.
Company details
CIN history
Turner Morrison has one previous CIN (Corporate Identification Number): L51109WB1913PLC002404. The current CIN is U51109WB1913PLC002404, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109WB1913PLC002404 | Current |
| L51109WB1913PLC002404 | Previous |
Contact details
Turner Morrison Ltd's registered office is in Kolkata, West Bengal. Its website is turner.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address6 Lyons Range, Fortune Chambers Dalhousie Fortune Chambers Dalhousie, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Turner Morrison Ltd, 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
Turner Morrison operates primarily in the financial and insurance service and real estate sectors. 3 business activities are registered with the MCA.
| Main activity group | Business activity | Share of turnover |
|---|---|---|
| Financial and insurance Service | Other financial activities | |
| Real Estate | Real estate activities with own or leased property |
To see the full business activity and turnover split of Turner Morrison Ltd, buy the company report.
Financials of Turner Morrison Ltd
FY 2025 filings availableTurner Morrison Ltd reported revenue of ₹13.64 Cr (down 44.33% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 44.33% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Revenue | ₹13.64 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Turner Morrison Ltd, buy the company report.
Board of directors and KMP of Turner Morrison Ltd
Turner Morrison Ltd currently reports 7 directors and 1 key managerial person. 4 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayant Raj Kochar Also directs: Amoretto Retail LLP | Director | 03 Jun 2006 | 20 Years 4 Months | Current |
| Rajesh Chaudhuri | Managing Director | 01 Dec 2019 | 6 Years 10 Months | Current |
| Krishna Prasad Shrivastav Also directs: Ultimate Abasan Private Limited, Diagram Estates Private Limited, Caravan Commercial Co Ltd and 1 more | Director | 10 Nov 2021 | 4 Years 11 Months | Current |
| Ranjit Chopra | Director | 29 Mar 1997 | 29 Years 6 Months | Current |
| Amit Judge Also directs: Caravan Commercial Co Ltd, Sports and Leisure Apparel Limited | Director | 01 Jul 2012 | 14 Years 3 Months | Current |
| Renu Judge | Director | 25 Jan 2011 | 15 Years 8 Months | Current |
Peer comparison
Turner Morrison Ltd is compared with the 7 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| J & R Hutchison Ltd | ₹112.75 Cr (FY 2025) | -19.0% | Kolkata, West Bengal, India | |||
| Pragya Mercantile Private Limited | ₹112.59 Cr (FY 2024) | 504.0% | Kolkata, West Bengal, India | |||
| Monolisha Management Pvt.Ltd. | ₹111.38 Cr (FY 2025) | 48.0% | Kolkata, West Bengal, India | |||
| A K M Systems Private Limited | ₹111.08 Cr (FY 2022) | 500.0% | New Delhi, Delhi, India | |||
| Lawrence Merchants Pvt Ltd | ₹108.19 Cr (FY 2025) | 175.0% | Kolkata, West Bengal, India | |||
| R Raheja Investments Private Limited | ₹106.56 Cr (FY 2024) | -31.0% | Mumbai, Maharashtra, India | |||
| Moderate Leasing and Capital Services Ltd | ₹106.25 Cr (FY 2025) | 49.0% | New Delhi, Delhi, India | |||
| Turner Morrison Ltdthis company | ₹13.64 Cr (FY 2023) | -44.3% | 13 | Kolkata, West Bengal, India |
To see the full peer comparison of Turner Morrison Ltd, buy the company report.
Auditor
Turner Morrison Ltd is audited by A K Gutgutia & Co. for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A K Gutgutia & Co. | FY 2020 | 000012N |
Shareholding
The shareholding of Turner Morrison Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Turner Morrison Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Nov 2025 | 101202687 | Others | ₹50 Cr | Open | |
| 22 Mar 2023 | 100710084 | Others | ₹20 Cr | Open | |
| 07 Feb 2022 | 100547154 | Others | ₹16.5 Cr | Satisfied | |
| 16 Jul 2020 | 100358071 | Others | ₹13.5 Cr | Satisfied | |
| 23 Mar 2018 | 100171302 | Others | ₹25 Cr | Satisfied |
To see the full charge records of Turner Morrison Ltd, buy the company report.
Total charge records: 9 View all charges
Legal cases
Turner Morrison Ltd has 173 court cases on record: 105 filed by Turner Morrison, 68 filed against it. 24 cases are pending and 149 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 132 | 48 | 16 |
| District courts | 33 | 13 | 8 |
| Supreme Court | 8 | 7 | 0 |
Cases on record (5 of 173)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (APOT) | Filed against the company by Karnani Properties Limited | Pending |
| Calcutta High Court | Court case (EOS) | Filed against the company by Karnani Properties Limited | Pending |
| High Court, West Bengal | Court case (EOS) | Filed against the company by Karnani Properties Limited Not Known | Pending |
| High Court, West Bengal | Court case (CO) | Filed against the company by Coal India Ltd. Pradipta Bose | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Cox and Kings Limited and 5 others | Pending |
To see the full case history of Turner Morrison Ltd, 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 Turner Morrison Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Turner Morrison has 3 subsidiary companies and 4 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Lodna Colliery Company (1920) Limited | U10101WB1920PLC004043 | |
| Vasundhara Holdings Ltd | U21023WB1986PLC041691 | |
| Tuareg Properties and Securities Services Limited | U74899WB1990PLC159670 |
To see the full group structure of Turner Morrison Ltd, buy the company report.
Employees & EPFO
Turner Morrison Ltd has a workforce of 13 employees on its EPFO records as of Mar 29, 2024, across 3 active EPFO establishments.
GST
Turner Morrison has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACT9790M1ZG | West Bengal | Active | 01 Jul 2017 |
| 07AAACT9790M1ZL | Delhi | Active | 01 Jul 2017 |
| 07AAACT9790M3ZJ | Delhi | Active | 20 Mar 2025 |
To see the full GST registrations and return filing status of Turner Morrison Ltd, buy the company report.
Recent activity
Turner Morrison Ltd has 12 board changes on record since 1997: 10 appointments and 2 cessations. The latest: Aditya Ghosh was appointed as Director on 26 Jun 2023.
22 earlier events are in the company report.
Frequently asked questions
Turner Morrison is an active public limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 04 July 1913 (113+ years old) and is registered under CIN U51109WB1913PLC002404.
Turner Morrison has 8 current directors and KMP:
- Rajesh Chaudhuri - Managing Director
- Jayant Raj Kochar - Director
- Krishna Prasad Shrivastav - Director
- Ranjit Chopra - Director
- Amit Judge - Director
- Renu Judge - Director
- Aditya Ghosh - Director
- Krishna Kumar Biyani - Company Secretary
The latest financial statements of Turner Morrison on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Turner Morrison is 19AAACT9790M1ZG, registered in West Bengal. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 07AAACT9790M1ZL (Delhi), 07AAACT9790M3ZJ (Delhi).
The CIN (Corporate Identification Number) of Turner Morrison is U51109WB1913PLC002404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Turner Morrison has 173 court cases on record: 105 filed by the company and 68 filed against it. 24 are pending. Most are in the high courts.
Turner Morrison was incorporated on 04 July 1913, making it 113+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Turner Morrison by revenue are J & R Hutchison Ltd, Pragya Mercantile Private Limited, Monolisha Management Pvt.Ltd, A K M Systems Private Limited, Lawrence Merchants Pvt Ltd and 2 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Aditya Ghosh was appointed as Director on 26 Jun 2023. Krishna Prasad Shrivastav was appointed as Director on 10 Nov 2021. Inderjit Singh Narula ceased to be Director on 29 Jun 2020. Turner Morrison has 12 board changes on record in total.
Turner Morrison can be reached through the website turner.co.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Turner Morrison is at 6 Lyons Range, Fortune Chambers Dalhousie Fortune Chambers Dalhousie, Kolkata, West Bengal, India – 700001.