Tower Overseas Limited - Company Profile

It is a financial services public limited company based in Ahmedabad, Gujarat, India, established in 1986.
1986 Ahmedabad, Gujarat, India Active
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About Tower Overseas Limited

Tower Overseas Limited, a active public limited company, was established on 16 December 1986 in Ahmedabad, Gujarat, India. Engaging in brokerage & trading services within the trade sector, it holds CIN: U17119GJ1986PLC009237. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹7.50 Cr and a paid-up capital of ₹5.00 Cr.

Formerly known as M. D. Roadlines P Ltd, M. D. Roadlines Ltd. It upholds a compliant status. Its leadership includes Arunkumar Champaklal Nagori (Director), Sharadkumar Parmanand Muchhala (Director), Vimal Ramniklal Ambani (Managing Director). Past directors included Arunkumar Champaklal Nagori, Meena Ramniklal Ambani, Reepal Manish Bavishi. It holds no open charges and ₹91.50 Cr settled loans. Its latest AGM occurred on 18 September 2025, with the balance sheet filed on 31 March 2025. It is based at Vimal Towers, 7, Gadhvi Society, Navrangpura, Ahmedabad, Gujarat, 380014.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U17119GJ1986PLC009237

  • Registration Number

    009237

  • Incorporation Date

    16 December 1986

  • Authorized Capital

    ₹7.50 Cr

  • Paid-Up Capital

    ₹5.00 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 39 Year, 1 Month
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 91.50 Cr
  • Revenue Growth **** -98.93%
  • Profit Growth **** -2258.57%
  • Ebitda **** -605.84%
  • Net Worth -5.08%
  • Total Assets -9.73%
Company report

Tower Overseas Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Tower Overseas 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 Overseas Limited?
Current Directors
Name Designation Appointment Date Status
Arunkumar Champaklal Nagori Director 20 Jan 2010 Current
Sharadkumar Parmanand Muchhala Director 15 Mar 1993 Current
Vimal Ramniklal Ambani Managing Director 15 Mar 1993 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2010 Past
Pramod Abcsdd Director 20 Jan 2010 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Key Managerial Personnel - Past

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Financial Performance of Tower Overseas.

Tower Overseas Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 98.93% decrease. The company also saw a substantial fall in profitability, with a 2258.57% decrease in profit. The company's net worth dipped by a decrease of 5.08%.

Tower Overseas revenue growth over time
Tower Overseas 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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 -98.93%
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*******
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Revenue from Operations
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 -98.96%
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*******
*******
Total Assets
*******
 -9.73%
*******
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*******
*******
Profit or Loss
*******
 -2258.57%
*******
*******
*******
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Net Worth
*******
 -5.08%
*******
*******
*******
*******
EBITDA
*******
 -605.84%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Tower Overseas?

In 2021, Tower Overseas had a promoter holding of 100.00%. 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

₹915,000,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 60.00 Cr
  • State Bank Of India : 30.00 Cr
  • Kotak Mahindra Bank Ltd : 1.50 Cr
Latest Charge Details
Date Lender Amount Status
01 Dec 2008 State Bank Of India ₹30.00 Cr Satisfied
04 Oct 2006 Kotak Mahindra Bank Ltd ₹1.50 Cr Satisfied
11 Aug 2006 Hdfc Bank Limited ₹60.00 Cr Satisfied

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How Many Employees Work at Tower Overseas?

Unlock and access historical data on people associated with Tower Overseas, 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 Overseas, 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 Overseas'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 Tower Overseas
Recent Activity within the Organization
  • Annual General Meeting

    Tower Overseas Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

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

  • Charges

    A charge registered on 11 Aug 2006 via Charge ID 10024920 with Hdfc Bank Limited was fully satisfied on 05 Oct 2015. was recorded as a recent event.

  • Charges

    A charge registered on 01 Dec 2008 via Charge ID 10131753 with State Bank Of India was fully satisfied on 17 Mar 2011. was recorded as a recent event.

  • Director Appointment

    Progress on Arunkumar Champaklal Nagori was appointed as a Director was appointed as a Director on 20 Jan 2010 & has been associated with this company since 16 years 21 days . was documented.

  • Charges

    Progress on A charge registered on 04 Oct 2006 via Charge ID 10025999 with Kotak Mahindra Bank Ltd was fully satisfied on 05 Nov 2009. was documented.

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Frequently Asked Questions
What is the CIN of Tower Overseas Limited?

The CIN of Tower Overseas Limited is U17119GJ1986PLC009237.

Where is Tower Overseas Limited headquartered?

Tower Overseas Limited is headquartered at Vimal Towers, 7, Gadhvi Society, Navrangpura, Ahmedabad, Gujarat, 380014.

When was Tower Overseas Limited incorporated?

Tower Overseas Limited was incorporated on 16 December 1986.

Who are the current directors of Tower Overseas Limited?

The current directors of Tower Overseas Limited are

What is the primary industry of Tower Overseas Limited?

The primary industry of Tower Overseas Limited is Trade.

Is Tower Overseas Limited a listed company?

Tower Overseas Limited is unlisted.

What is the capital structure of Tower Overseas Limited?

The authorized capital of Tower Overseas Limited is ₹7.50 Cr, and the paid-up capital is ₹5.00 Cr.

What is the compliance status of Tower Overseas Limited?

The compliance status of Tower Overseas Limited is Compliant.

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