About Indus Towers Limited
Data last updated:
Indus Towers Limited was a public limited company based in Gurugram, Haryana, 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 telecom infrastructure segment of the telecommunications sector. It was incorporated on 20 November 2007.
The company was registered with the Registrar of Companies (ROC), Haryana, under CIN U92100HR2007PLC073822. Its GSTIN is 06AABCI7776B1ZM (Haryana). The company held 10 GST registrations, of which 9 are active.
The company had an authorised share capital of ₹50 Cr and a paid-up capital of ₹11.92 Lakh. It was formerly known as Indus Infratel Limited. It was led by directors including Bimal Dayal (Managing Director) and Srabasti Bhattacharjee.
Its last annual general meeting (AGM) was held on 29 June 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Building No. 10 Tower – A 4th Floor DLF Cyber City, Gurugram, Haryana, India – 122002.
As per the financials filed for FY 2026, the company reported a revenue of ₹32,970 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹7,144.9 Cr (net margin 21.7%) and EBITDA of ₹18,711 Cr (EBITDA margin 56.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 18% over five years.
The company had about 2,402 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹13,150 Cr on record. Court records list 3,219 cases involving the company, including 2,122 filed by the company and 1,100 filed against it; 482 cases are pending.
The last known website on record is industowers.com.
Company details
CIN history
Indus Towers has one previous CIN (Corporate Identification Number): U92100DL2007PLC170574. The current CIN is U92100HR2007PLC073822, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U92100HR2007PLC073822 | Current |
| U92100DL2007PLC170574 | Previous |
Contact details
Indus Towers Limited's registered office is in Gurugram, Haryana. Its website is industowers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBuilding No. 10 Tower – A 4th Floor DLF Cyber City, Gurugram, Haryana, India – 122002
- IndustryTelecom, Telecom Infrastructure
To see the full contact details of Indus Towers 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 Indus Towers is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Indus Towers Limited, buy the company report.
Financials of Indus Towers Limited
FY 2020 filings availableIndus Towers Limited reported revenue of ₹32,970 Cr (up 8% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 8% growth in the latest year. EBITDA fell 13% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹18,711 Cr | ||||
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| Net Profit (PAT) | ₹7,144.9 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 56.8% | ||||
| Net Profit Margin | 21.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Indus Towers Limited, buy the company report.
Board of directors of Indus Towers Limited
Indus Towers has 11 current directors and 43 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srabasti Bhattacharjee | Director | 17 Oct 2018 | 8 Years 0 Months | As last reported |
| Randeep Singh Sekhon Also directs: Indus Towers Limited | Director | 09 Apr 2019 | 7 Years 6 Months | As last reported |
| Akhil Kumar Gupta | Director | 20 Nov 2007 | 18 Years 11 Months | As last reported |
| Ravinder Takkar | Director | 21 Dec 2017 | 8 Years 10 Months | As last reported |
| Sunil Sood Also directs: Vodafone Idea Limited, White Spread Foods Private Limited, Jalpak Foods India Private Limited and 1 more | Director | 06 Jan 2012 | 14 Years 9 Months | As last reported |
| Balesh Sharma | Director | 13 Apr 2017 | 9 Years 6 Months | As last reported |
Auditor
Indus Towers Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2020 | 101049W/E300004 |
Shareholding
The shareholding of Indus Towers Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Indus Towers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2010 | 10229469 | Il & Fs Trust Company Limited | ₹10,500 Cr | Satisfied | |
| 04 Feb 2009 | 10143099 | Infrastructure Development Finance Company Limited | ₹450 Cr | Satisfied | |
| 20 Jan 2009 | 10140193 | Bank of India | ₹200 Cr | Satisfied | |
| 20 Jan 2009 | 10141407 | State Bank of India | ₹600 Cr | Satisfied | |
| 15 Jan 2009 | 10141602 | Canara Bank | ₹500 Cr | Satisfied |
To see the full charge records of Indus Towers Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Indus Towers Limited has 3,219 court cases on record: 2,122 filed by Indus Towers, 1,100 filed against it. 482 cases are pending and 2,737 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1,853 | 339 | 188 |
| District courts | 1,348 | 749 | 287 |
| Supreme Court | 18 | 12 | 7 |
Cases on record (5 of 3,219)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Maharashtra State Road Development Corporation Limited | Disposed |
| District court, Latur, Maharashtra | Civil suit | Filed against the company by individuals | Pending |
| District court, Rohtak, Haryana | Civil suit | Filed against the company by an individual | Pending |
| District court, Patiala, Punjab | Civil suit | Filed against the company by an individual | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by individuals | Pending |
To see the full case history of Indus Towers 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.
Credit ratings & regulatory alerts
Indus Towers Limited was last rated by Icra on 03 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 03 Jun 2022 |
To see the full credit ratings and regulatory alerts of Indus Towers Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indus Towers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indus Towers Limited has a workforce of 2,402 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Indus Towers has 10 GST registrations: 9 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCI7776B1ZM | Haryana | Active | 01 Jul 2017 |
| 06AABCI7776B2ZL | Haryana | Active | 29 Jul 2017 |
| 07AABCI7776B1ZK | Delhi | Active | 01 Jul 2017 |
| 30AABCI7776B1ZV | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indus Towers Limited, buy the company report.
Recent activity
Indus Towers Limited has 54 board changes on record since 2007: 11 appointments and 43 cessations. The latest: Bimal Dayal was appointed as Managing Director on 21 Oct 2020.
60 earlier events are in the company report.
News
Frequently asked questions
Indus Towers 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.
Indus Towers was a public limited company based in Gurugram, Haryana, India. The company worked in telecom infrastructure, within the telecom industry. It was incorporated on 20 November 2007 and is registered under CIN U92100HR2007PLC073822. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Indus Towers was incorporated on 20 November 2007. It is registered with the Registrar of Companies, Haryana.
Indus Towers had 11 directors:
- Bimal Dayal - Managing Director
- Srabasti Bhattacharjee - Director
- Randeep Singh Sekhon - Director
- Akhil Kumar Gupta - Director
- Ravinder Takkar - Director
- Sunil Sood - Director
- Balesh Sharma - Director
- Gopal Vittal - Director
- Thomas Reisten - Director
- Rajan Bharti Mittal - Director
- Akshaya Moondra - Director
The CIN (Corporate Identification Number) of Indus Towers is U92100HR2007PLC073822. 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 Indus Towers is at Building No. 10 Tower – A 4th Floor DLF Cyber City, Gurugram, Haryana, India – 122002.
Indus Towers can be reached through the website industowers.com. Its registered office is in Gurugram, Haryana, India.
The latest financial statements of Indus Towers on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 June 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Indus Towers is 06AABCI7776B1ZM, registered in Haryana. The company has 10 GST registrations in all, of which 9 are active and 1 is cancelled or inactive. Other active GSTINs include 06AABCI7776B2ZL (Haryana), 07AABCI7776B1ZK (Delhi), 30AABCI7776B1ZV (Goa).
Indus Towers operated in the telecom industry, in the telecom infrastructure segment.
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