Correct Tower Private Limited - Company overview

Correct Tower Private Limited is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U45400WB2008PTC12358…

2008-03-05 Kolkata, West Bengal Active Unlisted Active Non-Compliant
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CT Correct Tower Private Limited

Key Metrics

AUTHORISED CAPITAL
31.00 Lakh
PAID-UP CAPITAL
30.70 Lakh
COMPANY AGE
18 Years 2 Months
since 2008-03-05
LAST FILING WITH ROC
2014-03-31
Last AGM: 2014-09-30
OPEN CHARGES
3
12.00 cr
SATISFIED CHARGES
-
-
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
-

About Correct Tower Private Limited

Correct Tower Private Limited is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U45400WB2008PTC123586). Business overview includes Real Estate and Construction (Real Estate Builders & Developers), incorporated on March 05, 2008 (18+ years old), headquartered in Kolkata, West Bengal, India. The company is currently Active with Active Non-Compliant compliance status. It has 2 active directors.

Real Estate Builders & Developers
  • Location 9/12, Block A, 3Rd Floor Lal Bazar Street, Kolkata, West Bengal - 700001
CIN / LLPINU45400WB2008PTC123586
Company No.123586
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2008-03-05
Date of AGM2014-09-30
Date of Balance Sheet2014-03-31
Listing StatusUnlisted
ROC CodeRoc Kolkata
PAN
LEI Number
Active ComplianceActive Non-Compliant

Financial Performance of Correct Tower Private Limited

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

Revenue P/L EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (2)

S
Director | Since 2011-03-01
A
Director | Since 2011-03-01

Charges Overview

Bank Of India : 8.00 cr
Hcbl Co-Operative Bank Limited : 4.00 cr
Open Charges: 3 Satisfied Charges: 0
Open 12.00 cr
Satisfied 0
LenderAmountStatus
Hcbl Co-Operative Bank Limited
Creation Date: 30 Jun 2014
4.00 cr Open
Bank Of India
Creation Date: 20 Mar 2014
5.00 cr Open
Bank Of India
Creation Date: 18 May 2013
3.00 cr Open

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Correct Tower Private Limited
What is CIN of Correct Tower Private Limited?
The Corporate Identification Number (CIN) for Correct Tower Private Limited is U45400WB2008PTC123586. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 123586 as per MCA.
When was Correct Tower Private Limited incorporated?
Correct Tower Private Limited was incorporated 18 years 2 months ago on 05 Mar 2008.
What is paid-up capital and authorised share capital of Correct Tower Private Limited?
The paid-up capital of Correct Tower Private Limited is ₹ 3,070,000.00 and authorised share capital is ₹ 3,100,000.00.
Who are the current board members and directors of Correct Tower Private Limited?
Currently 2 directors are associated with Correct Tower Private Limited: Shashi Jain, Akhilesh Yadav.
  • Shashi Jain
  • Akhilesh Yadav
What is the registered address of Correct Tower Private Limited?
As per Ministry of Corporate Affairs (MCA), the registered address of Correct Tower Private Limited is 9/12, Block A, 3Rd Floor Lal Bazar Street, Kolkata, West Bengal, 700001, India.
What is the ROC code of Correct Tower Private Limited?
Correct Tower Private Limited ROC code is Roc Kolkata.
What is the company classification of Correct Tower Private Limited?
Correct Tower Private Limited is classified as Private Limited Indian Non-Government Company.
Correct Tower Private Limited - is it listed or unlisted?
Correct Tower Private Limited is a Unlisted company.
What is the current status of Correct Tower Private Limited?
Correct Tower Private Limited is currently Active and registered in Kolkata, West Bengal, India.
What industry or business activity is Correct Tower Private Limited associated with?
Correct Tower Private Limited lists activity aligned with: Real Estate and Construction - Real Estate Builders & Developers. See the Overview and Competition sections for fuller industry context.
Where can I see charges and lenders for Correct Tower Private Limited?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Correct Tower Private Limited.
What is the turnover or revenue of Correct Tower Private Limited?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Correct Tower Private Limited?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.