Tower Mechanics Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.26 Cr
- Company Age 19 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.80 Cr
- Satisfied Charges ₹ 7.18 Cr
- Revenue Growth 1.02%
- Profit Growth 119.98%
- Ebitda -1.32%
- Net Worth 3.97%
- Total Assets -9.42%
About Tower Mechanics
Tower Mechanics Private Limited (TMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 July 2005 and has a history of 19 years and nine months. Its registered office is in Aurangabad, Maharashtra, India.
The Company is engaged in the Automotive 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 2.00 Cr and a paid-up capital of Rs 1.26 Cr.
The company currently has active open charges totaling ₹2.80 Cr. The company has closed loans amounting to ₹7.18 Cr, as per Ministry of Corporate Affairs (MCA) records.
Madhavi Thirani and Kunal Thirani serve as directors at the Company.
Company Details
- Location
Aurangabad, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27100MH2005PTC154991
- Company No.
154991
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Jul 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Automotive
Tower Mechanics Private Limited
Explore comprehensive data for Tower Mechanics Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Tower Mechanics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kunal Thirani  | Managing Director | 22-Jul-2005 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Madhavi Thirani  | Director | 22-Jul-2005 | Current |
Financial Performance of Tower Mechanics.
Tower Mechanics Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.02% increase. The company also saw a substantial improvement in profitability, with a 119.98% increase in profit. The company's net worth moved up by a moderate rise 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 Mechanics?
In 2023, Tower Mechanics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Taktile Technologies Llp
Madhavi Thirani is a mutual person
- Shreekant Trading Company Private Limited
Madhavi Thirani and Kunal Thirani are mutual person
- Flexoplast Abrasives (India) Limited
Madhavi Thirani and Kunal Thirani are mutual person
- Utra Engineering Industries Private Limited
Madhavi Thirani and Kunal Thirani are mutual person
- Precision Components Repetitions Private Limited
Madhavi Thirani and Kunal Thirani are mutual person
- Madhu Traders Private Limited
Madhavi Thirani and Kunal Thirani are mutual person
Charges (Loans)
Open Charges
₹2.80 Cr
Satisfied Charges
₹7.18 Cr
Charges Breakdown by Lending Institutions
- Others : 2.80 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2020 | Others | ₹2.80 Cr | Open |
| 17 Jan 2019 | Others | ₹5.80 M | Satisfied |
| 08 Jan 2016 | The Saraswat Co-Operative Bank Ltd | ₹0.70 M | Satisfied |
| 07 Apr 2010 | The Saraswat Co-Operative Bank Limited | ₹9.25 M | Satisfied |
| 07 Apr 2010 | The Saraswat Co-Operative Bank Limited | ₹9.25 M | Satisfied |
How Many Employees Work at Tower Mechanics?
Unlock and access historical data on people associated with Tower Mechanics, 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 Mechanics, 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 Mechanics'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.
Latest Updates, News, and FAQs on Tower Mechanics
Recent activity within the organization
- Annual General Meeting
Tower Mechanics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 2.80 Cr registered on 29 Sep 2020 with Charge ID 100375935 was modified on 13 Jun 2024.
- Balance Sheet
Tower Mechanics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 04 Oct 2007 via Charge ID 10085903 with Others was fully satisfied on 09 Oct 2020.
- Charges
A charge with Others amounted to Rs. 2.80 Cr with Charge ID 100375935 was registered on 29 Sep 2020.
- Charges
A charge with Others of Rs. 2.50 Cr registered on 04 Oct 2007 with Charge ID 10085903 was modified on 02 Mar 2020.
Frequently asked questions
What is the Incorporation or founding date of Tower Mechanics Private Limited?
Tower Mechanics Private Limited was incorporated on 22 Jul 2005.
What is authorized share capital and paid-up capital of Tower Mechanics Private Limited?
The authorized share capital of Tower Mechanics Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.26 Cr.
Who are the current board members & directors of Tower Mechanics Private Limited?
Currently 2 directors are associated with Tower Mechanics Private Limited.
- Madhavi Thirani
- Kunal Thirani
What is the registered address of Tower Mechanics Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Tower Mechanics Private Limited is Plot No. M-191/1 Midc Area, Waluj India, Aurangabad, Maharashtra, 431136.
What is the corporate identification number (CIN) and company number of Tower Mechanics Private Limited?
The corporate identification number (CIN) of Tower Mechanics Private Limited is U27100MH2005PTC154991 and the company number is 154991 as per Ministry of Corporate Affairs (MCA).
What is the official website of Tower Mechanics Private Limited?
The Official website of Tower Mechanics Private Limited is https://www.towermech.com
What has been the recent revenue trend for Tower Mechanics Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Tower Mechanics Private Limited has risen by 1.02%.
What change has been observed in the net worth of Tower Mechanics Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Tower Mechanics Private Limited has experienced an upsurge of 3.97%.
What are the total open charges for Tower Mechanics Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Tower Mechanics Private Limited amount to ₹ 2.80 Cr.
When was the last Balance Sheet of Tower Mechanics Private Limited filed with the ROC?
The most recent Balance Sheet for Tower Mechanics Private Limited was filed with the ROC on 31 Mar 2024.
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