Tower Steels Limited
About Tower Steels Limited
Data last updated: 25 July 2025
Tower Steels Limited is a public limited company based in Madurai, Tamil Nadu, India. The company is currently classified as dormant under Section 455 of the Companies Act - it is legally registered but has declared that it is not conducting any business operations. It specialises in steel manufacturing and processing, a part of the broader metals and mining sector. Incorporated on 07 June 1993, the company has been in operation for over 33 years.
Registered with ROC Chennai under CIN U27105TN1993PLC025178.
Capital: an authorised share capital of ₹2.55 Cr and a paid-up capital of ₹2.05 Cr. Formerly known as Tor Steels (India) Ltd. It is led by directors including Padmanabhan Ganapathy Subramanian and Athisayapandiyan Pushparajan.
Last AGM: 30 December 2015. Financial statements filed for year ended 31 March 2015. Office: Plot No C19Sidco Industrial Estate Kappalur, Madurai, Tamil Nadu, India – 625008.
As per the financials filed for FY 2015, the company reported a revenue of ₹10.1 Lakh, a decline of 67.71% compared to the previous year.
As per MCA filings, the company has satisfied charges of ₹8.08 Cr on record.
The company is classified as dormant - it is legally registered but has officially declared that it is not carrying out any business operations. A dormant company may resume operations after following the prescribed procedures.
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Registered AddressPlot No C19Sidco Industrial Estate Kappalur, Madurai, Tamil Nadu, India – 625008
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IndustryMetals and Minerals, Steel Manufacturing & Processing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Business Activity of Tower Steels Limited
Tower Steels Limited operates primarily in the manufacturing sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Manufacturing | Locked | Metal and metal products | Locked |
Detailed business activity records for Tower Steels Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Tower Steels Limited
Tower Steels Limited is audited by S L S M & CO for the financial year 2015. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S L S M & CO | Locked | Locked | Locked |
Complete auditor history for Tower Steels Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Tower Steels Limited
Tower Steels Limited is currently managed by 7 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padmanabhan Ganapathy Subramanian | Director | 10 Aug 2023 | 3 Years 0 Months | Current |
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Athisayapandiyan Pushparajan
Also directs:
Tthv Traders Private Limited
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Director | 19 Oct 2023 | 2 Years 10 Months | Current |
| Dhasarathan Nehru | Director | 19 Oct 2023 | 2 Years 10 Months | Current |
| Vishnuraj | Director | 31 Mar 2021 | 5 Years 4 Months | Current |
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Thillairaj Doorairaj
Also directs:
Varahar Developers Private Limited
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Managing Director | 13 Aug 1994 | 32 Years 0 Months | Current |
| Thangaraj Doorairaj | Director | 13 Aug 1994 | 32 Years 0 Months | Current |
Financials of Tower Steels Limited FY 2015 filings available
Tower Steels Limited reported revenue of ₹10.1 Lakh (down 67.71% YoY) for FY 2015.
Ten-year financial statements for Tower Steels Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Tower Steels Limited
Shareholding and ownership data for Tower Steels Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Tower Steels Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Apr 2007 | Sabari Exim Private Limited | ₹1.28 Cr | Satisfied |
| 26 Sep 2002 | The Federal Bank Ltd | ₹3.55 Cr | Satisfied |
| 01 Sep 1995 | The Federalbank Limited | ₹3.25 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Tower Steels Limited
View historical data on people associated with Tower Steels Limited, including employment history and EPFO contributions.
Employee and EPFO history for Tower Steels Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Tower Steels Limited
GST registrations and filing compliance for Tower Steels Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Tower Steels Limited
Credit ratings, litigation, and regulatory alerts for Tower Steels Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Tower Steels Limited
MSME payment history for Tower Steels Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Tower Steels Limited
Corporate group structure for Tower Steels Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Tower Steels Limited
MCA filings and documents for Tower Steels Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Tower Steels Limited
Frequently Asked Questions about Tower Steels Limited
Tower Steels Limited is classified as "Dormant" under Section 455 of the Companies Act. This means the company is legally registered but has officially declared that it is not currently conducting any business operations. A dormant company can be reactivated by following the prescribed procedures with the Registrar of Companies.
Tower Steels Limited is a dormant public limited company in the metals and minerals sector based in Madurai, Tamil Nadu, India. It was incorporated on 07 June 1993 and is registered under CIN U27105TN1993PLC025178. The company is legally registered but not currently conducting business.
The current directors of Tower Steels Limited are:
- Padmanabhan Ganapathy Subramanian - Director
- Athisayapandiyan Pushparajan - Director
- Dhasarathan Nehru - Director
- Vishnuraj - Director
- Thillairaj Doorairaj - Managing Director
- Thangaraj Doorairaj - Director
- Rameshbabu - Additional Director
The CIN (Corporate Identification Number) of Tower Steels Limited is U27105TN1993PLC025178. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Tower Steels Limited is metals and minerals. The company specifically operates in steel manufacturing and processing.
Tower Steels Limited can be reached at the registered office: Plot No C19Sidco Industrial Estate Kappalur, Madurai, Tamil Nadu, India – 625008.