Tower Mechanics Private Limited

Manufactures automobile and industrial spare parts, specializing in electrical coils and geared shafts.

2005 | Aurangabad, Maharashtra (India) | Active
Last Updated: November 17, 2024

Tower Mechanics Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.26 Cr
  • Company Age 19 Year, 6 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 six 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
  • 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

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

Executive Team (1)

Name Designation Appointment Date Status
Kunal Thirani Country flag representing Us Managing Director 22-Jul-2005 Current

Board Members (1)

Name Designation Appointment Date Status
Madhavi Thirani Country flag representing In 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%.

Graph illustrating revenue growth over time
Graph showing 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
1.02%
Revenue from Operations
0.91%
Total Assets
-9.42%
Profit or Loss
119.98%
Net Worth
3.97%
EBITDA
-1.32%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • 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.

    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.

    31 Mar 2024

  • Charges

    A charge registered on 04 Oct 2007 via Charge ID 10085903 with Others was fully satisfied on 09 Oct 2020.

    09 Oct 2020

  • Charges

    A charge with Others amounted to Rs. 2.80 Cr with Charge ID 100375935 was registered on 29 Sep 2020.

    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.

    02 Mar 2020

Frequently asked questions

  • Tower Mechanics Private Limited was incorporated on 22 Jul 2005.

  • The authorized share capital of Tower Mechanics Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.26 Cr.

  • Currently 2 directors are associated with Tower Mechanics Private Limited.

    • Madhavi Thirani
    • Kunal Thirani
  • 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.

  • 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).

  • The Official website of Tower Mechanics Private Limited is https://www.towermech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tower Mechanics Private Limited has risen by 1.02%.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tower Mechanics Private Limited amount to ₹ 2.80 Cr.

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

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