Tower Automotive India Private Limited.

Provides automotive engineering analysis and design software services, manufacturing metal components and assemblies for OEMs.

1999 | Rangareddy, Telangana (India) | Active
Last Updated: November 16, 2024

Tower Automotive India Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 1.83 Cr
  • Company Age 25 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 38.87%
  • Profit Growth 32.91%
  • Ebitda 28.62%
  • Net Worth 24.71%
  • Total Assets 22.36%

About Tower Automotive India

Tower Automotive India Private Limited. (TAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 November 1999 and has a history of 25 years and three months. Its registered office is in Rangareddy, Telangana, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 1.83 Cr, as per Ministry of Corporate Affairs (MCA) records.

Praful Wairagade, George Peter, and Narasimha Mudiganti serve as directors at the Company.

Company Details

  • Location

    Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34200TG1999PTC032822

  • Company No.

    032822

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Nov 1999

  • Date of AGM

    24 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Automotive
Information Technology

Who are the key members and board of directors at Tower Automotive India?

Board Members (3)

Name Designation Appointment Date Status
Praful Wairagade Country flag representing Us Director 01-Sep-2010 Current
George Peter Country flag representing Us Director 01-Nov-2020 Current
Narasimha Mudiganti Country flag representing In Director 04-Jun-2022 Current

Financial Performance of Tower Automotive India.

Tower Automotive India Private Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 38.87% increase. The company also saw a substantial improvement in profitability, with a 32.91% increase in profit. The company's net worth Soared by an impressive increase of 24.71%.

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
38.87%
Revenue from Operations
38.01%
Total Assets
22.36%
Profit or Loss
32.91%
Net Worth
24.71%
EBITDA
28.62%

What is the Ownership and Shareholding Structure of Tower Automotive India?

In 2022, Tower Automotive India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Tower Automotive India?

Tower Automotive India has a workforce of 115 employees as of Mar 29, 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 Tower Automotive India, 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 Tower Automotive India'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 Tower Automotive India

Recent activity within the organization

  • Annual General Meeting

    Tower Automotive India Private Limited. last Annual general meeting of members was held on 24 Nov 2023 as per latest MCA records.

    24 Nov 2023

  • Balance Sheet

    Tower Automotive India Private Limited. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Narasimha Murthy Mudiganti was appointed as a Director was appointed as a Director on 04 Jun 2022 & has been associated with this company since 2 years 8 months .

    04 Jun 2022

  • Director Appointment

    George Thanopoulos Peter was appointed as a Director was appointed as a Director on 01 Nov 2020 & has been associated with this company since 4 years 3 months .

    01 Nov 2020

  • Director Appointment

    Praful S Wairagade was appointed as a Director was appointed as a Director on 01 Sep 2010 & has been associated with this company since 14 years 5 months .

    01 Sep 2010

  • Company Incorporation

    Tower Automotive India Private Limited. was registered on 09 Nov 1999 with Roc Hyderabad & aged 25 years 3 months as per MCA records.

    09 Nov 1999

Frequently asked questions

  • Tower Automotive India Private Limited. was incorporated on 09 Nov 1999.

  • The authorized share capital of Tower Automotive India Private Limited. is ₹ 2.50 Cr and paid-up capital is ₹ 1.83 Cr.

  • Currently 3 directors are associated with Tower Automotive India Private Limited..

    • Praful S Wairagade
    • George Thanopoulos Peter
    • Narasimha Murthy Mudiganti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tower Automotive India Private Limited. is 7Th Floor My Home Twitza Plot No - 30/A Survey No. 83/1, Tsiic Knowledge City India, Hyderabad, Telangana, 500032.

  • The corporate identification number (CIN) of Tower Automotive India Private Limited. is U34200TG1999PTC032822 and the company number is 032822 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tower Automotive India Private Limited. is https://www.towerinternational.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tower Automotive India Private Limited. has risen by 38.87%.

  • As Per 2023 financial reports, 115 employees are currently employed by Tower Automotive India Private Limited..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tower Automotive India Private Limited. has experienced an upsurge of 24.71%.

  • The most recent Balance Sheet for Tower Automotive India Private Limited. was filed with the ROC on 31 Mar 2023.

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