Towers' Infotech Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.46 M
- Company Age 24 Year, 5 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 five 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
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prakash Nagabushan  | Director | 20-Oct-2000 | Current |
| Ramanujapuram Srivas | Director | 20-Oct-2000 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Dcx Systems LimitedPrakash Nagabushan is a mutual person
Sparck Naisargika Private LimitedPrakash Nagabushan is a mutual person
Charges (Loans)
Open Charges
₹20.69 M
Satisfied Charges
₹29.08 M
Charges Breakdown by Lending Institutions
- Others : 2.07 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2020 | Others | ₹2.00 Cr | Open |
| 08 Jun 2016 | Others | ₹0.69 M | Open |
| 06 Aug 2010 | Sree Charan Souhardha Co Operative Bank | ₹2.75 Cr | Satisfied |
| 10 Jul 2007 | Punjab National Bank | ₹0.25 M | Satisfied |
| 21 Feb 2007 | Punjab National Bank | ₹0.64 M | Satisfied |
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.
Deals i
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
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 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.
- Balance Sheet
Towers' Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- 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.
- Charges
A charge with Others amounted to Rs. 20.00 M with Charge ID 100363550 was registered on 29 May 2020.
- Charges
A charge with Others amounted to Rs. 0.69 M with Charge ID 100037436 was registered on 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.
Frequently asked questions
What is the Incorporation or founding date of Towers' Infotech Private Limited?
Towers' Infotech Private Limited was incorporated on 20 Oct 2000.
What is authorized share capital and paid-up capital of Towers' Infotech Private Limited?
The authorized share capital of Towers' Infotech Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.46 M.
Who are the current board members & directors of Towers' Infotech Private Limited?
Currently 2 directors are associated with Towers' Infotech Private Limited.
- Ramanujapuram Manikernike Srivas
- Prakash Nagabushan
What is the registered address of Towers' Infotech Private Limited?
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.
What is the corporate identification number (CIN) and company number of Towers' Infotech Private Limited?
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).
What is the official website of Towers' Infotech Private Limited?
The Official website of Towers' Infotech Private Limited is https://www.towersinfotech.com
What has been the recent revenue trend for Towers' Infotech Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Towers' Infotech Private Limited has risen by 14.20%.
What change has been observed in the net worth of Towers' Infotech Private Limited, and by what percentage?
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%.
What are the total open charges for Towers' Infotech Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Towers' Infotech Private Limited amount to ₹ 2.07 Cr.
When was the last Balance Sheet of Towers' Infotech Private Limited filed with the ROC?
The most recent Balance Sheet for Towers' Infotech Private Limited was filed with the ROC on 31 Mar 2024.