Tower Insurance & Reinsurance Brokers (India) Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 03-07-2024
- Paid Up Capital ₹ 5.00 Cr
as on 03-07-2024
- Company Age 45 Year, 7 Days
- Last Filing with ROC 31 Mar 2023
- Revenue -24.73%
(FY 2023)
- Profit -91.89%
(FY 2023)
- Ebitda -102.63%
(FY 2023)
- Net Worth 0.24%
(FY 2023)
- Total Assets -16.08%
(FY 2023)
About Tower Insurance & Reinsurance Brokers (India)
The Corporate was formerly known as Tower Insurance And Reinsurance Services (India) Private Limited. The Company is engaged in the Financial Services 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Govindaraj Kumaravel, Perveen Malarkar, Manju Mahindra, and One other member serve as directors at the Company.
- CIN/LLPIN
U65999MH1979PTC022004
- Company No.
022004
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Dec 1979
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Tower Insurance & Reinsurance Brokers (India)?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Govindaraj Kumaravel  | Director | 31-Jul-2019 | Current |
| Perveen Malarkar | Director | 01-Aug-2011 | Current |
| Manju Mahindra | Whole-Time Director | 11-Nov-1996 | Current |
| Sundaresan Ramamoorthy | Additional Director | 05-Jun-2023 | Current |
Financial Performance of Tower Insurance & Reinsurance Brokers (India).
Tower Insurance & Reinsurance Brokers (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.73% decrease. The company also saw a substantial fall in profitability, with a 91.89% decrease in profit. The company's net worth moved up by a moderate rise of 0.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Tower Insurance & Reinsurance Brokers (India)?
In 2023, Tower Insurance & Reinsurance Brokers (India) had a promoter holding of 34.00% and a public holding of 66.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Kosmos Innovation Labs Private LimitedActive 4 years 1 month
Govindaraj Kumaravel is a mutual person
- Tower Computer And Consultancy Private LimitedActive 28 years 1 day
Manju Mahindra is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Tower Insurance & Reinsurance Brokers (India)?
Unlock and access historical data on people associated with Tower Insurance & Reinsurance Brokers (India), 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 Insurance & Reinsurance Brokers (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 Insurance & Reinsurance Brokers (India)'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
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