Tower Investment & Trading Co Ltd

Founded in 1981 and headquartered in West Bengal, India.

1981 | Kolkata, West Bengal (India) | Active
Last Updated:

Tower Investment & Trading Co Profile

Key Indicators

  • Authorised Capital ₹ 1.40 Cr
  • Paid Up Capital ₹ 4.30 M
  • Company Age 43 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -84.54%
  • Profit Growth -200.25%
  • Ebitda -178.31%
  • Net Worth -15.35%
  • Total Assets -16.39%

About Tower Investment & Trading Co

Tower Investment & Trading Co Ltd (TITCL) is a Public Limited Indian Non-Government Company incorporated in India on 30 March 1981 and has a history of 43 years and 11 months. Its registered office is in Kolkata, West Bengal, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.40 Cr and a paid-up capital of Rs 4.30 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Tower Investment & Trading Co Ltd India are Swarup Maity as CFO and Dipesh Somani as Company Secretary. Susmita Ghose, Swarup Maity, Shaurya Himatsingka, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L67120WB1981PLC033500

  • Company No.

    033500

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 1981

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Tower Investment & Trading Co?

Executive Team (2)

NameDesignationAppointment DateStatus
Swarup Maity CFO23-May-2023Current
Dipesh Somani Company Secretary05-Jan-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Shaurya Himatsingka Country flag representing In Director 20-May-2017Current
Susmita Ghose Country flag representing In Director 11-Feb-2022Current
Swarup Maity Country flag representing In Whole-Time Director 29-Jul-2005Current
Anita Himatsingka Country flag representing In Director 03-Jun-2017Current
Avinash Gupta Country flag representing In Director 19-Jan-2024Current

Financial Performance of Tower Investment & Trading Co.

Tower Investment & Trading Co Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 84.54% decrease. The company also saw a substantial fall in profitability, with a 200.25% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.35%.

Tower Investment & Trading Co revenue growth over time
Tower Investment & Trading Co 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
-84.54%
Revenue from Operations
-84.54%
Total Assets
-16.39%
Profit or Loss
-200.25%
Net Worth
-15.35%
EBITDA
-178.31%

What is the Ownership and Shareholding Structure of Tower Investment & Trading Co?

In 2022, Tower Investment & Trading Co had a promoter holding of 69.97% and a public holding of 30.02%. The company had 1 Subsidiary. 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 Investment & Trading Co?

Unlock and access historical data on people associated with Tower Investment & Trading Co, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Tower Investment & Trading Co Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tower Investment & Trading Co, 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 Investment & Trading Co'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 Investment & Trading Co

Recent activity within the organization

  • Annual General Meeting

    Tower Investment & Trading Co Ltd last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Tower Investment & Trading Co Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Director Appointment

    Avinash Kumar Gupta was appointed as a Director was appointed as a Director on 19 Jan 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Dipesh Somani was appointed as a Company Secretary was appointed as a Company Secretary on 05 Jan 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Anita Himatsingka was appointed as a Director was appointed as a Director on 03 Jun 2017 & has been associated with this company since 7 years 9 months .

  • Director Appointment

    Shaurya Veer Himatsingka was appointed as a Director was appointed as a Director on 20 May 2017 & has been associated with this company since 7 years 10 months .

Frequently asked questions

  • What is the Incorporation or founding date of Tower Investment & Trading Co Ltd?

    Tower Investment & Trading Co Ltd was incorporated on 30 Mar 1981.

  • What is authorized share capital and paid-up capital of Tower Investment & Trading Co Ltd?

    The authorized share capital of Tower Investment & Trading Co Ltd is ₹ 1.40 Cr and paid-up capital is ₹ 4.30 M.

  • Who are the current board members & directors of Tower Investment & Trading Co Ltd?

    Currently 7 directors are associated with Tower Investment & Trading Co Ltd.

    • Susmita Ghose
    • Swarup Kumar Maity
    • Shaurya Veer Himatsingka
    • Anita Himatsingka
    • Avinash Kumar Gupta
    • Swarup Kumar Maity
    • Dipesh Somani

  • What is the registered address of Tower Investment & Trading Co Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Tower Investment & Trading Co Ltd is ' Temple Chambers 6 Old Post Office Street India, Kolkata, West Bengal, 700001.

  • What is the corporate identification number (CIN) and company number of Tower Investment & Trading Co Ltd?

    The corporate identification number (CIN) of Tower Investment & Trading Co Ltd is L67120WB1981PLC033500 and the company number is 033500 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Tower Investment & Trading Co Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Tower Investment & Trading Co Ltd has fallen by -84.54%.

  • What change has been observed in the net worth of Tower Investment & Trading Co Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Tower Investment & Trading Co Ltd has experienced an downturn of -15.35%.

  • When was the last Balance Sheet of Tower Investment & Trading Co Ltd filed with the ROC?

    The most recent Balance Sheet for Tower Investment & Trading Co Ltd was filed with the ROC on 31 Mar 2024.

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