Tower Industries Profile
Key Indicators
- Authorised Capital ₹ 1.30 Cr
- Paid Up Capital ₹ 1.24 Cr
- Company Age 20 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 10.28 Cr
- Revenue Growth %
- Profit Growth -63.55%
- Ebitda -63.91%
- Net Worth -3.97%
- Total Assets 1.95%
About Tower Industries
Tower Industries Private Limited (TIPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 September 2004 and has a history of 20 years and five months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Paradise Techno-Cast Private Limited. The Company is engaged in the Manufacturing 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 1.30 Cr and a paid-up capital of Rs 1.24 Cr.
The company has closed loans amounting to ₹10.28 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Thakkar Hirabhai and Parul Thakkar serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U27310GJ2004PTC044696
- Company No.
044696
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Sep 2004
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Tower Industries?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thakkar Hirabhai  | Director | 27-Oct-2016 | Current |
| Parul Thakkar | Director | 27-Dec-2018 | Current |
Financial Performance of Tower Industries.
Tower Industries Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 63.55% decrease in profit. The company's net worth dipped by a decrease of 3.97%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Tower Industries?
In 2018, Tower Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹0
₹10.28 Cr
Charges Breakdown by Lending Institutions
- The Cosmos Co-Operative Bank Ltd. : 4.08 Cr
- The Cosmos Co-Op. Bank Ltd : 4.08 Cr
- The Bhagyodaya Co.Op.Bank Ltd. : 1.25 Cr
- Bhagyodaya Co.Op. Bank Ltd. : 0.40 Cr
- Cosmos Co-Operative Bank Ltd. : 0.20 Cr
- Others : 0.27 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Oct 2010 | Cosmos Co-Operative Bank Ltd. | ₹2.00 M | Satisfied |
| 20 Nov 2009 | The Cosmos Co-Op. Bank Ltd | ₹4.08 Cr | Satisfied |
| 18 Nov 2009 | The Cosmos Co-Operative Bank Ltd. | ₹4.08 Cr | Satisfied |
| 09 Jul 2008 | Bhagyoday Co. Op. Bank Ltd. | ₹1.50 M | Satisfied |
| 09 May 2008 | Bhagyodaya Co.Op. Bank Ltd. | ₹4.00 M | Satisfied |
How Many Employees Work at Tower Industries?
Unlock and access historical data on people associated with Tower Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Tower Industries, 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 Industries's trajectory.
Rating
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
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.
