Tower Steels Limited

Tower Steels Limited

Manufactures and trades steel raw materials, including structural steels and fabricators.

1993 Madurai, Tamil Nadu (India) Inactive

The corporate selected is having status as dormant under section 455 hence financial data is not available. You may check its last filed documents by making a request.

About

Basic Data Updated:

10 days ago

In the bustling city of Madurai, Tamil Nadu, there once stood a company known as Tor Steels (India) Ltd. However, as time passed, this company underwent a transformation and became known as Tower Steels Limited. Tower Steels Limited was founded in 1993 and has since been dedicated to the manufacturing and trading of steel raw materials. Their wide range of products includes steel fabricators, structural steels, and structural steel fabricators. The company's registered office is situated in the heart of Madurai, a city known for its rich history and vibrant culture. Tower Steels Limited has been a key player in the steel industry, providing high-quality products and services to its customers. With a strong commitment to excellence and a passion for innovation, Tower Steels Limited continu... Read More

Industry

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Website
    1222442
  • Telephone
    1222442
  • Email Address
    1222442
CIN/LLPIN/FCRNU27105TN1993PLC025178
Company No.025178
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date07 Jun 1993
Date of AGM30 Dec 2015
Date of Balance Sheet31 Mar 2015
Listing StatusUnlisted
ROC CodeRoc Chennai

Financials of Tower Steels Limited

financial-graph financial-graph
Content-lock

Tower Steels Limited, for the financial year ended 2015, experienced significant reduction in revenue, with a 67.71% decrease. The company also saw a substantial improvement in profitability, with a 475.31% increase in profit. The company's net worth observed a substantial decline by a decrease of 65.8%.

Enhance accessibility to Tower Steels's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Corporate Structure

Shareholding-Indiacator Shareholding-Indiacator
Content-lock

Unlock access to Tower Steels's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Tower Steels Limited

Executive Team (1)

  • TD

    Thillairaj Doorairaj In Managing Director

    Appointment Date: 13-Aug-1994

    Status: Current

Board Members(6)

Charges (Loans)

Satisfied Charges

₹8.08 cr

LenderAmountStatus

Sabari Exim Private Limited

Creation Date: 20 Apr 2007
₹1.28 CrSatisfied

The Federal Bank Ltd

Creation Date: 26 Sep 2002
₹3.55 CrSatisfied

The Federalbank Limited

Creation Date: 01 Sep 1995
₹3.25 CrSatisfied

Deals i

Valuation-Graph Valuation-Graph
Content-lock

Gain comprehensive insights into the Deals and Valuation data of Tower Steels, 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 Steels's trajectory.

Rating

Rating-Graph Rating-Graph
Content-lock

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.

Alert

Alert-Indicator Alert-Indicator
Content-lock

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.

Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Director Appointment

    Dhasarathan Nehru was appointed as a Director was appointed as a Director on 31 Oct 2023 & has been associated with this company since 6 months 3 days .

    31 Oct 2023
  • Activity

    Director Appointment

    Athisayapandiyan Pushparajan was appointed as a Director was appointed as a Director on 31 Oct 2023 & has been associated with this company since 6 months 3 days .

    31 Oct 2023
  • Activity

    Director Appointment

    Padmanabhan Ganapathy Subramanian was appointed as a Director was appointed as a Director on 11 Sep 2023 & has been associated with this company since 7 months 22 days .

    11 Sep 2023
  • Activity

    Annual General Meeting

    Tower Steels Limited last Annual general meeting of members was held on 30 Dec 2015 as per latest MCA records.

    30 Dec 2015
  • Activity

    Balance Sheet

    Tower Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Chennai.

    31 Mar 2015

Frequently asked questions

What is the Incorporation or founding date of Tower Steels Limited?

Tower Steels Limited was incorporated 30 years 10 months ago on 07 Jun 1993 with Registrar of Companies Roc Chennai.

People also Viewed

Similar Companies Based on Steel

  • Tribhuvan Industries Private Limited

    Ahmedabad, Gujarat, India

  • Bmw Industries Limited

    Kolkata, West Bengal, India

  • Nandan Auto Tech Limited

    Ludhiana, Punjab, India

  • Nonstop Plantation Ltd

    Kolkata, West Bengal, India

  • Maa Tarini Steels Llp

    Mayurbhanj, Odisha, India

  • Barnala Steel Industries Private Limited

    South Delhi, Delhi, India

  • Ascent Cast India Llp

    Satara, Maharashtra, India

  • Sbj Alloys Llp

    Ludhiana, Punjab, India

  • Unispun Industries Llp

    Mumbai, Maharashtra, India

  • Hanumanta Associates Llp

    Jharsuguda, Odisha, India

  • Committed Ispat Private Limited

    Central Delhi, Delhi, India

  • Sri Vasavi Industries Limited

    Srikakulam, Andhra Pradesh, India