Tower Distributors Private Limited
About Tower Distributors Private Limited
Data last updated:
Tower Distributors Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 28 March 1995.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1995PTC070149.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Sunol Software Pvt Ltd. It was led by directors Somnath Das and Shishpaul Kapoor.
Its last annual general meeting (AGM) was held on 30 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 16 British Indian Street, Kolkata, West Bengal, India – 700069.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.77 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.14 Cr (net margin 64.6%) and EBITDA of ₹1.35 Cr (EBITDA margin 76.3%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years and 70% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Tower Distributors Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address16 British Indian Street, Kolkata, West Bengal, India – 700069
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Tower Distributors Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Tower Distributors is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
Financials of Tower Distributors Private Limited
FY 2021 filings availableTower Distributors Private Limited reported revenue of ₹1.77 Cr (up 407% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 70% over five years, including 407% growth in the latest year. EBITDA rose 626% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹1.35 Cr | ||||
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| Net Profit (PAT) | ₹1.14 Cr | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 76.3% | ||||
| Net Profit Margin | 64.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Tower Distributors Private Limited, buy the company report.
Board of directors of Tower Distributors Private Limited
Tower Distributors has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Somnath Das | Director | 28 Oct 2019 | 6 Years 11 Months | As last reported |
| Shishpaul Kapoor | Additional Director | 27 Aug 2020 | 6 Years 2 Months | As last reported |
Auditor
Tower Distributors Private Limited is audited by S. KHETAN & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. KHETAN & ASSOCIATES | FY 2020 | 330591E |
Shareholding
The shareholding of Tower Distributors Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tower Distributors Private Limited, buy the company report.
Legal cases
Tower Distributors Private Limited has 2 court cases on record: 2 filed by Tower Distributors. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| High Court | Company petition | Filed by the company against Re:Ram Pal Agarwal -VS- Registrar of Companies,W.B. | Disposed |
To see the full case history of Tower Distributors Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tower Distributors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Tower Distributors has 2 associated companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Tower Distributors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tower Distributors Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Rupam Mistry ceased to be Director on 27 Aug 2020.
Frequently asked questions
Tower Distributors has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Tower Distributors was a private limited company based in Kolkata, West Bengal, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 28 March 1995 and is registered under CIN U51909WB1995PTC070149. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Tower Distributors was incorporated on 28 March 1995. It is registered with the Registrar of Companies, Kolkata.
Tower Distributors had 2 directors:
- Somnath Das - Director
- Shishpaul Kapoor - Additional Director
The CIN (Corporate Identification Number) of Tower Distributors is U51909WB1995PTC070149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Tower Distributors is at 16 British Indian Street, Kolkata, West Bengal, India – 700069.
The latest financial statements of Tower Distributors on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 December 2021. Year-wise statements from 2015 are in the company report.
Tower Distributors operated in the financial services industry, in the diversified financial services segment.
Tower Distributors has 2 court cases on record: 2 filed by the company. Most are in the high courts.
Rupam Mistry ceased to be Director on 27 Aug 2020. Shishpaul Kapoor was appointed as Additional Director on 27 Aug 2020. Barnali Chakraborty ceased to be Director on 28 Oct 2019. Tower Distributors has 8 board changes on record in total.