About Tower Fund Services India Private Limited
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Tower Fund Services India Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the accounting and financial advisory segment of the professional services sector. It was incorporated on 01 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2014PTC080326. Its GSTIN is 24AAFCT0740G1ZP (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nitesh Rajendrabhai Chauhan (Whole-Time Director) and Vincent Benjamin Sarullo.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Block No.12 Girivan Society Old Padra Road, Vadodara, Gujarat, India – 390015.
As per the financials filed for FY 2017, the company reported a revenue of ₹19.39 Lakh. For the same year it recorded a net profit of ₹1.63 Lakh (net margin 8.4%) and EBITDA of ₹6.59 Lakh (EBITDA margin 34%).
The company is associated with 1 brand: Tower Fund Services. The company has 1 deal on record (1 funding round); the latest was in January 2016.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website towerfundservices.com.
Company details
Contact details
Tower Fund Services India Private Limited's registered office is in Vadodara, Gujarat. Its website is towerfundservices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlock No.12 Girivan Society Old Padra Road, Vadodara, Gujarat, India – 390015
- IndustryProfessional Services, Accounting, Taxation, Book Keeping
To see the full contact details of Tower Fund Services India 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
Brands
Tower Fund Services India operates one associated brand: Tower Fund Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified asset management services are provided to various clients. | towerfundservices.com |
Financials of Tower Fund Services India Private Limited
FY 2024 filings availableTower Fund Services India Private Limited reported revenue of ₹19.39 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹19.39 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹6.59 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.63 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 34% | ||
| Net Profit Margin | 8.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Tower Fund Services India Private Limited, buy the company report.
Board of directors of Tower Fund Services India Private Limited
Tower Fund Services India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitesh Rajendrabhai Chauhan | Whole-Time Director | 09 Jun 2017 | 9 Years 5 Months | Current |
| Vincent Benjamin Sarullo | Director | 01 Aug 2014 | 12 Years 3 Months | Current |
| Kinjal Amin | Director | 01 Aug 2014 | 12 Years 3 Months | Current |
Auditor
Tower Fund Services India Private Limited is audited by K. C. Mehta & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. C. Mehta & Co. | FY 2017 | 106237W |
Shareholding
The shareholding of Tower Fund Services India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Tower Fund Services India Private Limited, buy the company report.
Deals & funding
Tower Fund Services India Private Limited has 1 deal on record (1 funding round); the latest was in January 2016.
To see the full deal history of Tower Fund Services India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Tower Fund Services India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tower Fund Services India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tower Fund Services India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCT0740G1ZP | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tower Fund Services India Private Limited, buy the company report.
Recent activity
Tower Fund Services India Private Limited has 5 board changes on record since 2014: 3 appointments and 2 cessations. The latest: Nitesh Rajendrabhai Chauhan ceased to be Director on 29 Feb 2020.
Frequently asked questions
Tower Fund Services India is an active private limited company based in Vadodara, Gujarat, India. The company works in accounting, within the professional services industry. It was incorporated on 01 August 2014 (12+ years old) and is registered under CIN U74140GJ2014PTC080326.
Tower Fund Services India has 3 current directors:
- Nitesh Rajendrabhai Chauhan - Whole-Time Director
- Vincent Benjamin Sarullo - Director
- Kinjal Amin - Director
The latest financial statements of Tower Fund Services India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Tower Fund Services India is 24AAFCT0740G1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Tower Fund Services India is U74140GJ2014PTC080326. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tower Fund Services India was incorporated on 01 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Tower Fund Services India has 1 deal on record (1 funding round); the latest was in January 2016.
Nitesh Rajendrabhai Chauhan ceased to be Director on 29 Feb 2020. Nitesh Rajendrabhai Chauhan was appointed as Whole-Time Director on 09 Jun 2017. Satvik Kulinkumar Jaiswal ceased to be Director on 01 Jun 2017. Tower Fund Services India has 5 board changes on record in total.
Tower Fund Services India can be reached through the website towerfundservices.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Tower Fund Services India is at Block No.12 Girivan Society Old Padra Road, Vadodara, Gujarat, India – 390015.
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