Tower Engineering Private Limited

Manufacturer of electrical panel boards, switchboards, control panels, and oil seed processing machinery.

1973 | Thane, Maharashtra (India) | Active
Last Updated: December 24, 2024

Tower Engineering Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 51 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 8.64 Cr
  • Revenue Growth 21.24%
  • Profit Growth 89.77%
  • Ebitda -115.41%
  • Net Worth -8.48%
  • Total Assets 2.83%

About Tower Engineering

Tower Engineering Private Limited (TEPL) was founded in India on 11 September 1973 and has a glorious history of 51 years and five months.Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Modison Engineering Private Limited. The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.50 M.

The company has closed loans amounting to ₹8.64 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Nigelcharles Davis, Ashish Kampani, and Rachna Kampani serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    towerengg.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74210MH1973PTC016824

  • Company No.

    016824

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Sep 1973

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

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

Executive Team (1)

Name Designation Appointment Date Status
Ashish Kampani Country flag representing In Managing Director 01-Aug-1987 Current

Board Members (2)

Name Designation Appointment Date Status
Nigelcharles Davis Country flag representing In Director 03-Apr-1995 Current
Rachna Kampani Country flag representing In Director 27-May-2005 Current

Financial Performance of Tower Engineering.

Tower Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.24% increase. The company also saw a substantial improvement in profitability, with a 89.77% increase in profit. The company's net worth dipped by a decrease of 8.48%.

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
21.24%
Revenue from Operations
20.78%
Total Assets
2.83%
Profit or Loss
89.77%
Net Worth
-8.48%
EBITDA
-115.41%

What is the Ownership and Shareholding Structure of Tower Engineering?

Unlock access to Tower Engineering's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹86.38 M

Charges Breakdown by Lending Institutions

  • Others : 4.23 Cr
  • Hdfc Bank Limited : 2.55 Cr
  • Oriental Bank Of Commerce Limited : 1.00 Cr
  • Oriental Bank Of Commerce : 0.76 Cr
  • The Janakalyan Sahakair Bank Ltd : 0.08 Cr
  • Others : 0.02 Cr

Latest Charge Details

Date Lender Amount Status
01 Oct 2020 Others ₹2.28 M Satisfied
16 Oct 2019 Hdfc Bank Limited ₹5.50 M Satisfied
20 Dec 2017 Others ₹2.00 Cr Satisfied
21 Mar 2017 Others ₹2.00 Cr Satisfied
01 Mar 2013 Hdfc Bank Limited ₹1.00 Cr Satisfied

How Many Employees Work at Tower Engineering?

Tower Engineering has a workforce of 10 employees as of Apr 05, 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 Engineering, 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 Engineering'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 Engineering

Recent activity within the organization

  • Annual General Meeting

    Tower Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Tower Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 01 Oct 2020 via Charge ID 100400848 with Others was fully satisfied on 23 Aug 2023.

    23 Aug 2023

  • Charges

    A charge registered on 20 Dec 2017 via Charge ID 100145967 with Others was fully satisfied on 23 Aug 2023.

    23 Aug 2023

  • Charges

    A charge registered on 21 Mar 2017 via Charge ID 100090232 with Others was fully satisfied on 23 Aug 2023.

    23 Aug 2023

  • Charges

    A charge registered on 16 Oct 2019 via Charge ID 100300477 with Hdfc Bank Limited was fully satisfied on 18 Aug 2023.

    18 Aug 2023

Frequently asked questions

  • Tower Engineering Private Limited was incorporated on 11 Sep 1973.

  • The authorized share capital of Tower Engineering Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

  • Currently 3 directors are associated with Tower Engineering Private Limited.

    • Nigelcharles John Davis
    • Ashish Devendra Kampani
    • Rachna Ashish Kampani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tower Engineering Private Limited is Plot No.438 Road No.28, Wagle Industrial Estate India, Thane, Maharashtra, 400604.

  • The corporate identification number (CIN) of Tower Engineering Private Limited is U74210MH1973PTC016824 and the company number is 016824 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tower Engineering Private Limited is https://www.towerengg.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tower Engineering Private Limited has risen by 21.24%.

  • As Per 2023 financial reports, 10 employees are currently employed by Tower Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tower Engineering Private Limited has experienced an downturn of -8.48%.

  • The most recent Balance Sheet for Tower Engineering Private Limited was filed with the ROC on 31 Mar 2024.

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