Tower Industries Private Limited

Provides casting services and engages in export/import, trading, and assembling of products on contract basis.

2004 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Tower Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.30 Cr
  • Paid Up Capital ₹ 1.24 Cr
  • Company Age 20 Year, 8 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 eight 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

Manufacturing
Company report

Tower Industries Private Limited

Explore comprehensive data for Tower Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Thakkar Hirabhai Country flag representing In Director 27-Oct-2016Current
Parul Thakkar Country flag representing In Director 27-Dec-2018Current

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%.

Tower Industries revenue growth over time
Tower Industries 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
Revenue from Operations
Total Assets
1.95%
Profit or Loss
-63.55%
Net Worth
-3.97%
EBITDA
-63.91%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹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

DateLenderAmountStatus
07 Oct 2010Cosmos Co-Operative Bank Ltd.₹2.00 MSatisfied
20 Nov 2009The Cosmos Co-Op. Bank Ltd₹4.08 CrSatisfied
18 Nov 2009The Cosmos Co-Operative Bank Ltd.₹4.08 CrSatisfied
09 Jul 2008Bhagyoday Co. Op. Bank Ltd.₹1.50 MSatisfied
09 May 2008Bhagyodaya Co.Op. Bank Ltd.₹4.00 MSatisfied

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.

Employee growth trends for Tower Industries Private Limited

Deals i

Graph showing company valuation over time

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

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 Industries

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Director Appointment

    Parul Mahesh Thakkar was appointed as a Director was appointed as a Director on 27 Dec 2018 & has been associated with this company since 6 years 4 months .

  • Director Appointment

    Thakkar Mahesh Hirabhai was appointed as a Director was appointed as a Director on 27 Oct 2016 & has been associated with this company since 8 years 6 months .

  • Charges

    A charge registered on 07 Oct 2010 via Charge ID 10246939 with Cosmos Co-Operative Bank Ltd. was fully satisfied on 25 Jul 2011.

  • Charges

    A charge registered on 20 Nov 2009 via Charge ID 10186215 with The Cosmos Co-Op. Bank Ltd was fully satisfied on 25 Jul 2011.

Frequently asked questions

  • What is the Incorporation or founding date of Tower Industries Private Limited?

    Tower Industries Private Limited was incorporated on 06 Sep 2004.

  • What is authorized share capital and paid-up capital of Tower Industries Private Limited?

    The authorized share capital of Tower Industries Private Limited is ₹ 1.30 Cr and paid-up capital is ₹ 1.24 Cr.

  • Who are the current board members & directors of Tower Industries Private Limited?

    Currently 2 directors are associated with Tower Industries Private Limited.

    • Thakkar Mahesh Hirabhai
    • Parul Mahesh Thakkar

  • What is the registered address of Tower Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Tower Industries Private Limited is 329/1/1 Opp Maahi Party Plot Beside Rajpath Club, Bodakdev India, Ahmedabad, Gujarat, 380059.

  • What is the corporate identification number (CIN) and company number of Tower Industries Private Limited?

    The corporate identification number (CIN) of Tower Industries Private Limited is U27310GJ2004PTC044696 and the company number is 044696 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Tower Industries Private Limited?

    The Official website of Tower Industries Private Limited is https://www.towerindustries.in

  • What change has been observed in the net worth of Tower Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Tower Industries Private Limited has experienced an downturn of -3.97%.

  • When was the last Balance Sheet of Tower Industries Private Limited filed with the ROC?

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

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