Towers' Infotech Private Limited

IT company providing network management, disaster recovery, server management, and security solutions.

2000 | Bangaluru, Karnataka (India) | Active
Last Updated: December 10, 2024

Towers' Infotech Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.46 M
  • Company Age 24 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.07 Cr
  • Satisfied Charges ₹ 2.91 Cr
  • Revenue Growth 14.20%
  • Profit Growth 6.00%
  • Ebitda -6.45%
  • Net Worth 11.18%
  • Total Assets 39.93%

About Towers' Infotech

Towers' Infotech Private Limited (TIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 October 2000 and has a history of 24 years and four months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology 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 0.50 M and a paid-up capital of Rs 0.46 M.

The company currently has active open charges totaling ₹2.07 Cr. The company has closed loans amounting to ₹2.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramanujapuram Srivas and Prakash Nagabushan serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    towersinfotech.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85110KA2000PTC028004

  • Company No.

    028004

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Oct 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Towers' Infotech Private Limited offer?

Towers' Infotech Private Limited offers a wide range of products and services, including IT Solutions, Industrial Automation Service, Networking Solutions, Wireless Networking Services, Modular Office Workstation, Computer Workstation Tables, Server Management Service, Router, Cables & Networking Devices, Network Switch, Networking Storage Solution.

Who are the key members and board of directors at Towers' Infotech?

Board Members (2)

NameDesignationAppointment DateStatus
Prakash Nagabushan Country flag representing In Director 20-Oct-2000Current
Ramanujapuram Srivas Country flag representing In Director 20-Oct-2000Current

Financial Performance of Towers' Infotech.

Towers' Infotech Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 14.2% increase. The company also saw a slight improvement in profitability, with a 6% increase in profit. The company's net worth Soared by an impressive increase of 11.18%.

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
14.20%
Revenue from Operations
14.74%
Total Assets
39.93%
Profit or Loss
6.00%
Net Worth
11.18%
EBITDA
-6.45%

What is the Ownership and Shareholding Structure of Towers' Infotech?

In 2022, Towers' Infotech 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

₹20.69 M

Satisfied Charges

₹29.08 M

Charges Breakdown by Lending Institutions

  • Others : 2.07 Cr

Latest Charge Details

DateLenderAmountStatus
29 May 2020Others₹2.00 CrOpen
08 Jun 2016Others₹0.69 MOpen
06 Aug 2010Sree Charan Souhardha Co Operative Bank₹2.75 CrSatisfied
10 Jul 2007Punjab National Bank₹0.25 MSatisfied
21 Feb 2007Punjab National Bank₹0.64 MSatisfied

How Many Employees Work at Towers' Infotech?

Unlock and access historical data on people associated with Towers' Infotech, 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 Towers' Infotech, 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 Towers' Infotech'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 Towers' Infotech

Recent activity within the organization

  • Annual General Meeting

    Towers' Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Towers' Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 20.00 M registered on 29 May 2020 with Charge ID 100363550 was modified on 09 Sep 2021.

    09 Sep 2021

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 100363550 was registered on 29 May 2020.

    29 May 2020

  • Charges

    A charge with Others amounted to Rs. 0.69 M with Charge ID 100037436 was registered on 08 Jun 2016.

    08 Jun 2016

  • Charges

    A charge registered on 06 Aug 2010 via Charge ID 10259847 with Sree Charan Souhardha Co Operative Bank was fully satisfied on 30 Nov 2015.

    30 Nov 2015

Frequently asked questions

  • Towers' Infotech Private Limited was incorporated on 20 Oct 2000.

  • The authorized share capital of Towers' Infotech Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.46 M.

  • Currently 2 directors are associated with Towers' Infotech Private Limited.

    • Ramanujapuram Manikernike Srivas
    • Prakash Nagabushan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Towers' Infotech Private Limited is 367 Towers Infotech Building Rajajinagar 12Th Main 6Th Block India, Bangalore, Karnataka, 560010.

  • The corporate identification number (CIN) of Towers' Infotech Private Limited is U85110KA2000PTC028004 and the company number is 028004 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Towers' Infotech Private Limited is https://www.towersinfotech.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Towers' Infotech Private Limited has risen by 14.20%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Towers' Infotech Private Limited has experienced an upsurge of 11.18%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Towers' Infotech Private Limited amount to ₹ 2.07 Cr.

  • The most recent Balance Sheet for Towers' Infotech Private Limited was filed with the ROC on 31 Mar 2024.