Tower Ventures Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 1.00 Cr
as on 16-11-2024
- Company Age 30 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.00 Cr
as on 16-11-2024
- Satisfied Charges ₹ 2.00 M
as on 16-11-2024
- Revenue %
(FY 2023)
- Profit -42.70%
(FY 2023)
- Ebitda -42.70%
(FY 2023)
- Net Worth -0.22%
(FY 2023)
- Total Assets 0.05%
(FY 2023)
About Tower Ventures
The Corporate was formerly known as A.V.(India) Pvt Ltd. 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹3.00 Cr. The company has closed loans amounting to ₹2.00 M, as per Ministry of Corporate Affairs (MCA) records.
Madhavi Thirani, Kunal Thirani, Akshat Thirani, and One other member serve as directors at the Company.
- CIN/LLPIN
U99999MH1994PTC161929
- Company No.
161929
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 May 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Aurangabad, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Tower Ventures?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kunal Thirani  | Director | 27-May-1994 | Current |
Madhavi Thirani  | Director | 27-May-1994 | Current |
| Akshat Thirani | Director | 09-Nov-2016 | Current |
| Jai Thirani | Director | 15-Dec-2022 | Current |
Financial Performance of Tower Ventures.
Tower Ventures Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 42.7% decrease in profit. The company's net worth dipped by a decrease of 0.22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Tower Ventures?
In 2023, Tower Ventures had a promoter holding of 92.00% and a public holding of 8.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Shreekant Trading Company Private LimitedActive 21 years 7 months
Madhavi Thirani, Kunal Thirani and 2 more are mutual person
- Flexoplast Abrasives (India) LimitedActive 54 years 4 months
Madhavi Thirani, Kunal Thirani and 2 more are mutual person
- Tower Mechanics Private LimitedActive 19 years 5 months
Madhavi Thirani and Kunal Thirani are mutual person
- Utra Engineering Industries Private LimitedActive 25 years 5 months
Madhavi Thirani, Kunal Thirani and 2 more are mutual person
- Precision Components Repetitions Private LimitedActive 21 years 7 months
Madhavi Thirani, Kunal Thirani and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 30 Sep 2020 | ₹3.00 Cr | Open |
The Saraswat Co-Op Bank Ltd. Creation Date: 04 Oct 2007 | ₹2.00 M | Satisfied |
How Many Employees Work at Tower Ventures?
Unlock and access historical data on people associated with Tower Ventures, 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 Ventures, 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 Ventures'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.
