Global Towers Limited

Manufacturer of steel structures and energy management products for telecom and power companies.

1992 | Thane, Maharashtra (India) | Inactive
Last Updated: April 22, 2024

Global Towers Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 13.96 Cr
  • Company Age 32 Year, 6 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 60.00 Cr
  • Revenue Growth 1363.98%
  • Profit Growth 50.08%
  • Ebitda -0.37%
  • Net Worth -1146.68%
  • Total Assets -58.02%

About Global Towers

Global Towers Limited (GTL) is Dissolved Under Section 54 company established on 31 Jul 1992 with its office registered at Thane, Maharashtra, India and has been running since 32 Year, 6 Months with a paid up capital of 13.96 Cr. According to MCA records, 3 Directors are linked to this company as of 22 Apr 2024.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U64201MH1992PLC185386

  • Company No.

    185386

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Jul 1992

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals
Energy and Power

Who are the key members and board of directors at Global Towers?

Board Members (3)

NameDesignationAppointment DateStatus
Ashish Kandekar Country flag representing In Director 30-Sep-2015Current
Rakesh Panchal Country flag representing In Whole-Time Director 25-Aug-2015Current
Mandar Thakur Country flag representing In Additional Director 27-Dec-2019Current

Financial Performance of Global Towers.

Global Towers Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 1363.98% increase. The company also saw a substantial improvement in profitability, with a 50.08% increase in profit. The company's net worth observed a substantial decline by a decrease of 1146.68%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
1363.98%
Revenue from Operations
Total Assets
-58.02%
Profit or Loss
50.08%
Net Worth
-1146.68%
EBITDA
-0.37%

What is the Ownership and Shareholding Structure of Global Towers?

In 2017, Global Towers had a promoter holding of 84.34% and a public holding of 15.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹60.00 Cr

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 23.20 Cr
  • Dcb Bank Limited : 16.00 Cr
  • Icici Banking Corporation Limited : 12.30 Cr
  • Central Bank Of India : 6.00 Cr
  • The Cosmos Co-Operative Bank Limited : 1.30 Cr
  • Others : 1.20 Cr

Latest Charge Details

DateLenderAmountStatus
24 Nov 2011Dcb Bank Limited₹16.00 CrSatisfied
16 Jan 1999Union Bank Of India₹20.40 CrSatisfied
16 Jan 1998The Cosmos Co-Op. Bank Ltd.₹1.20 CrSatisfied
15 Dec 1997Central Bank Of India₹2.00 CrSatisfied
21 Nov 1997Central Bank Of India₹4.00 CrSatisfied

How Many Employees Work at Global Towers?

Global Towers has a workforce of 0 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Global Towers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Global Towers's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Global Towers

Recent activity within the organization

  • Annual General Meeting

    Global Towers Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Global Towers Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

    31 Mar 2022

  • Director Appointment

    Mandar Prakash Thakur was appointed as a Additional Director was appointed as a Additional Director on 27 Dec 2019 & has been associated with this company since 5 years 1 month .

    27 Dec 2019

  • Director Appointment

    Ashish Keshavrao Kandekar was appointed as a Director was appointed as a Director on 30 Sep 2015 & has been associated with this company since 9 years 4 months .

    30 Sep 2015

  • Charges

    A charge registered on 24 Nov 2011 via Charge ID 10323520 with Dcb Bank Limited was fully satisfied on 02 Sep 2015.

    02 Sep 2015

  • Director Appointment

    Rakesh Dhonduram Panchal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 25 Aug 2015 & has been associated with this company since 9 years 6 months .

    25 Aug 2015

Frequently asked questions

  • Global Towers Limited was incorporated on 31 Jul 1992.

  • The authorized share capital of Global Towers Limited is ₹ 30.00 Cr and paid-up capital is ₹ 13.96 Cr.

  • Currently 3 directors are associated with Global Towers Limited.

    • Rakesh Dhonduram Panchal
    • Ashish Keshavrao Kandekar
    • Mandar Prakash Thakur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Global Towers Limited is Third Floor Electronic Sadan No. - I Midc, Ttc Industrial Area Mahape, Navi Mumbai, Maharashtra, India, 400710.

  • The corporate identification number (CIN) of Global Towers Limited is U64201MH1992PLC185386 and the company number is 185386 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Global Towers Limited has risen by 1363.98%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Global Towers Limited has experienced an downturn of -1146.68%.

  • The most recent Balance Sheet for Global Towers Limited was filed with the ROC on 31 Mar 2022.

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