Tower Chits Private Limited - Company Profile

It is a financial services private limited company based in Palakkad, Kerala, India, established in 2003.
2003 Palakkad, Kerala, India Active
Last Updated:
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About Tower Chits Private Limited

Tower Chits Private Limited, a active private limited company, was established on 03 December 2003 in Palakkad, Kerala, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U65992KL2003PTC016660. Registered under ROC Roc Ernakulam. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹1.99 M.

It upholds a compliant status. Its leadership includes Vasu Jayaprakash (Director), Kattiramkunnan Chami Sahadevan (Director), Palanchery Ravindranathan (Director). Past directors included Vadakkeveedu Sekharan Sureshkumar, Vellappan Appukutty. Its latest AGM occurred on 25 September 2025, with the balance sheet filed on 31 March 2025. It is based at 7/53 8S M Complex College Road Palakkad P O, Palakkad, Kerala, 678001.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U65992KL2003PTC016660

  • Registration Number

    016660

  • Incorporation Date

    03 December 2003

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹1.99 M

  • ROC Code

    Roc Ernakulam

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.99 M
  • Company Age 22 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
Company report

Tower Chits Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Tower Chits Private 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 Tower Chits Private Limited?
Current Directors
Name Designation Appointment Date Status
Vasu Jayaprakash Director 30 Jun 2004 Current
Kattiramkunnan Chami Sahadevan Director 03 Dec 2003 Current
Palanchery Ravindranathan Director 08 Aug 2019 Current
Kunhipacky Aboobacker Director 03 Dec 2003 Current
Ayyappan Nair Varavara Director 03 Dec 2003 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 08 Aug 2019 Past
Pramod Abcsdd Director 31 Aug 2009 Past

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Financial Performance of Tower Chits.

Tower Chits Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Tower Chits revenue growth over time
Tower Chits 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
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What is the Ownership and Shareholding Structure of Tower Chits?

In 2017, Tower Chits had a promoter holding of 87.45% and a public holding of 12.55%. 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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How Many Employees Work at Tower Chits?

Unlock and access historical data on people associated with Tower Chits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Tower Chits, 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 Tower Chits's trajectory.

Rating
Graph displaying rating trends over time

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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 Tower Chits
Recent Activity within the Organization
  • Annual General Meeting

    The activity Tower Chits Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Tower Chits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam. was documented.

  • Director Appointment

    The activity Palanchery Ravindranathan was appointed as a Director was appointed as a Director on 08 Aug 2019 & has been associated with this company since 6 years 6 months . was completed.

  • Director Appointment

    Vasu Jayaprakash was appointed as a Director was appointed as a Director on 30 Jun 2004 & has been associated with this company since 21 years 8 months . was recorded as a recent event.

  • Director Appointment

    Progress on Kattiramkunnan Chami Sahadevan was appointed as a Director was appointed as a Director on 03 Dec 2003 & has been associated with this company since 22 years 2 months . was documented.

  • Director Appointment

    Kunhipacky Aboobacker was appointed as a Director was appointed as a Director on 03 Dec 2003 & has been associated with this company since 22 years 2 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Tower Chits Private Limited?

The CIN of Tower Chits Private Limited is U65992KL2003PTC016660.

Where is Tower Chits Private Limited headquartered?

Tower Chits Private Limited is headquartered at 7/53 8S M Complex College Road Palakkad P O, Palakkad, Kerala, 678001.

When was Tower Chits Private Limited incorporated?

Tower Chits Private Limited was incorporated on 03 December 2003.

Who are the current directors of Tower Chits Private Limited?

The current directors of Tower Chits Private Limited are

What is the primary industry of Tower Chits Private Limited?

The primary industry of Tower Chits Private Limited is Financial And Insurance Service.

Is Tower Chits Private Limited a listed company?

Tower Chits Private Limited is unlisted.

What is the capital structure of Tower Chits Private Limited?

The authorized capital of Tower Chits Private Limited is ₹2.00 M, and the paid-up capital is ₹1.99 M.

What is the compliance status of Tower Chits Private Limited?

The compliance status of Tower Chits Private Limited is Compliant.

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