Towertech Cooling System Private Limited

Manufacturer of cooling towers, offering repair, parts, and project services to various clients.

2004 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 25, 2024

Towertech Cooling System Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 20 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.05 Cr
  • Satisfied Charges ₹ 1.30 Cr
  • Revenue Growth 106.55%
  • Profit Growth 124.52%
  • Ebitda 133.87%
  • Net Worth 10.91%
  • Total Assets 40.30%

About Towertech Cooling System

Towertech Cooling System Private Limited (TCSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 June 2004 and has a history of 20 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Energy And Power 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 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹1.05 Cr. The company has closed loans amounting to ₹1.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gaurang Patel, Jigisha Shah, Jigneshkumar Shah, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29191GJ2004PTC044336

  • Company No.

    044336

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jun 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

What products or services does Towertech Cooling System Private Limited offer?

Towertech Cooling System Private Limited offers a wide range of products and services, including Cooling Tower, Heat Exchanger, Parts, Cooling Towers, Electric Motors and Components, Fan Motor, Industrial Coolers, Blowers & Fans, Axial Fans.

Who are the key members and board of directors at Towertech Cooling System?

Board Members (4)

Name Designation Appointment Date Status
Jigneshkumar Shah Country flag representing In Director 18-Jun-2004 Current
Gaurang Patel Country flag representing In Director 18-Jun-2004 Current
Jigisha Shah Country flag representing In Director 10-Jan-2006 Current
Daxaben Patel Country flag representing In Director 10-Jan-2006 Current

Financial Performance of Towertech Cooling System.

Towertech Cooling System Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 106.55% increase. The company also saw a substantial improvement in profitability, with a 124.52% increase in profit. The company's net worth Soared by an impressive increase of 10.91%.

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
106.55%
Revenue from Operations
107.35%
Total Assets
40.30%
Profit or Loss
124.52%
Net Worth
10.91%
EBITDA
133.87%

What is the Ownership and Shareholding Structure of Towertech Cooling System?

In 2022, Towertech Cooling System 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

₹10.50 M

Satisfied Charges

₹13.00 M

Charges Breakdown by Lending Institutions

  • Others : 1.00 Cr
  • Hdfc Bank Limited : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
04 Mar 2023 Hdfc Bank Limited ₹0.50 M Open
27 Apr 2018 Others ₹1.00 Cr Open
08 Nov 2011 Kotak Mahindra Bank Limited ₹7.00 M Satisfied
26 Sep 2008 State Bank Of Hyderabad ₹1.50 M Satisfied
05 Sep 2008 State Bank Of Hyderabad ₹4.00 M Satisfied

How Many Employees Work at Towertech Cooling System?

Towertech Cooling System has a workforce of 20 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Towertech Cooling System, 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 Towertech Cooling System'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 Towertech Cooling System

Recent activity within the organization

  • Annual General Meeting

    Towertech Cooling System Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Towertech Cooling System Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 10.00 M registered on 27 Apr 2018 with Charge ID 100175848 was modified on 15 Dec 2023.

    15 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.50 M with Charge ID 100724984 was registered on 04 Mar 2023.

    04 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100175848 was registered on 27 Apr 2018.

    27 Apr 2018

  • Charges

    A charge registered on 08 Nov 2011 via Charge ID 10320629 with Kotak Mahindra Bank Limited was fully satisfied on 04 Apr 2018.

    04 Apr 2018

Frequently asked questions

  • Towertech Cooling System Private Limited was incorporated on 18 Jun 2004.

  • The authorized share capital of Towertech Cooling System Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 4 directors are associated with Towertech Cooling System Private Limited.

    • Gaurang Chimanbhai Patel
    • Jigisha Jignesh Shah
    • Jigneshkumar Jitendrakumar Shah
    • Daxaben Gaurang Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Towertech Cooling System Private Limited is B-103 Synergy Opp. Commerce House Nr. Vodafone House Corporate Road Prahl Adnagar, India, Ahmedabad, Gujarat, 380015.

  • The corporate identification number (CIN) of Towertech Cooling System Private Limited is U29191GJ2004PTC044336 and the company number is 044336 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Towertech Cooling System Private Limited is https://www.towertechindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Towertech Cooling System Private Limited has risen by 106.55%.

  • As Per 2022 financial reports, 20 employees are currently employed by Towertech Cooling System Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Towertech Cooling System Private Limited has experienced an upsurge of 10.91%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Towertech Cooling System Private Limited amount to ₹ 1.05 Cr.

  • The most recent Balance Sheet for Towertech Cooling System Private Limited was filed with the ROC on 31 Mar 2024.