Global Towers Limited - Company Profile

It is a metals and minerals public limited company based in Navi Mumbai, Maharashtra, India, established in 1992.
1992 Navi Mumbai, Maharashtra, India Dissolved Under Section 54
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About Global Towers Limited

Global Towers Limited, a dissolved under section 54 public limited company, was established on 31 July 1992 in Navi Mumbai, Maharashtra, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U64201MH1992PLC185386. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹30.00 Cr and a paid-up capital of ₹13.96 Cr.

Formerly known as Global Wireless Technology Limited, Global Wireless Technology Private Limited. It upholds a active non-compliant status. Its leadership includes Ashish Keshavrao Kandekar (Director), Rakesh Dhonduram Panchal (Whole-Time Director), Mandar Prakash Thakur (Additional Director). Past directors included Ganesh Ratnakar Naik, Vidyadhar Anant Apte, Rakesh Dhonduram Panchal. It holds no open charges and ₹60.00 Cr settled loans. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at Third Floor, Electronic Sadan No. - I, Midc, Ttc Industrial Area, Mahape, Navi Mumbai, Maharashtra, 400710.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U64201MH1992PLC185386

  • Registration Number

    185386

  • Incorporation Date

    31 July 1992

  • Authorized Capital

    ₹30.00 Cr

  • Paid-Up Capital

    ₹13.96 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Dissolved Under Section 54

Key Metrics
  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 13.96 Cr
  • Company Age 33 Year, 6 Months
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 60.00 Cr
  • Revenue Growth **** 1363.98%
  • Profit Growth **** 50.08%
  • Ebitda **** -0.37%
  • Net Worth -1146.68%
  • Total Assets -58.02%
Company report

Global Towers Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Global Towers Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Global Towers Limited?
Current Directors
Name Designation Appointment Date Status
Ashish Keshavrao Kandekar Director 30 Sep 2015 Current
Rakesh Dhonduram Panchal Whole-Time Director 25 Aug 2015 Current
Mandar Prakash Thakur Additional Director 27 Dec 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 27 Dec 2019 Past
Pramod Abcsdd Director 01 Nov 2011 Past
Pramod Abcsdd Additional Director 25 Aug 2015 Past
Pramod Abcsdd Director - Past
Pramod Abcsdd Key Managerial Personnel - Past
Pramod Abcsdd Director 31 Dec 2010 Past

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Financial Performance of Global Towers.

Global Towers Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 1363.98% increase. The company also saw a substantial improvement in profitability, with a 50.08% increase in profit. The company's net worth observed a substantial decline by a decrease of 1146.68%.

Global Towers revenue growth over time
Global Towers profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 1363.98%
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Revenue from Operations
*******
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*******
*******
Total Assets
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 -58.02%
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*******
*******
*******
Profit or Loss
*******
 50.08%
*******
*******
*******
*******
Net Worth
*******
 -1146.68%
*******
*******
*******
*******
EBITDA
*******
 -0.37%
*******
*******
*******
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What is the Ownership and Shareholding Structure of Global Towers?

In 2017, Global Towers had a promoter holding of 84.34% and a public holding of 15.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹600,000,000.00

Charges Breakdown by Lending Institutions
  • Union Bank Of India : 23.20 Cr
  • Dcb Bank Limited : 16.00 Cr
  • Icici Banking Corporation Limited : 12.30 Cr
  • Central Bank Of India : 6.00 Cr
  • The Cosmos Co-Operative Bank Limited : 1.30 Cr
  • Others : 1.20 Cr
Latest Charge Details
Date Lender Amount Status
24 Nov 2011 Dcb Bank Limited ₹16.00 Cr Satisfied
16 Jan 1999 Union Bank Of India ₹20.40 Cr Satisfied
16 Jan 1998 The Cosmos Co-Op. Bank Ltd. ₹1.20 Cr Satisfied
15 Dec 1997 Central Bank Of India ₹2.00 Cr Satisfied
21 Nov 1997 Central Bank Of India ₹4.00 Cr Satisfied

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How Many Employees Work at Global Towers?

Global Towers has a workforce of 0 employees as of Apr 04, 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Global Towers, 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 Global Towers'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.

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Latest Updates, News, and FAQs on Global Towers
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Global Towers Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Global Towers Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai. was completed.

  • Director Appointment

    Mandar Prakash Thakur was appointed as a Additional Director was appointed as a Additional Director on 27 Dec 2019 & has been associated with this company since 6 years 1 month . was recorded as a recent event.

  • Director Appointment

    Ashish Keshavrao Kandekar was appointed as a Director was appointed as a Director on 30 Sep 2015 & has been associated with this company since 10 years 4 months . was recorded as a recent event.

  • Charges

    Progress on A charge registered on 24 Nov 2011 via Charge ID 10323520 with Dcb Bank Limited was fully satisfied on 02 Sep 2015. was documented.

  • Director Appointment

    The activity Rakesh Dhonduram Panchal was appointed as a Whole-time director was appointed as a Whole-time director on 25 Aug 2015 & has been associated with this company since 10 years 5 months . was completed.

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Frequently Asked Questions
What is the CIN of Global Towers Limited?

The CIN of Global Towers Limited is U64201MH1992PLC185386.

Where is Global Towers Limited headquartered?

Global Towers Limited is headquartered at Third Floor, Electronic Sadan No. - I, Midc, Ttc Industrial Area, Mahape, Navi Mumbai, Maharashtra, 400710.

When was Global Towers Limited incorporated?

Global Towers Limited was incorporated on 31 July 1992.

Who are the current directors of Global Towers Limited?

The current directors of Global Towers Limited are

What is the primary industry of Global Towers Limited?

The primary industry of Global Towers Limited is Manufacturing.

Is Global Towers Limited a listed company?

Global Towers Limited is unlisted.

What is the capital structure of Global Towers Limited?

The authorized capital of Global Towers Limited is ₹30.00 Cr, and the paid-up capital is ₹13.96 Cr.

What is the compliance status of Global Towers Limited?

The compliance status of Global Towers Limited is Active Non-Compliant.

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