About Tower Ventures Private Limited
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Tower Ventures Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the commercial vehicles and fleet segment of the automotive sector. It was incorporated on 27 May 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1994PTC161929.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as A.V.(India) Pvt Ltd. It is led by directors including Jai Kunal Thirani and Madhavi Thirani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No .M – 191/1 MIDC Area Waluj, Aurangabad, Maharashtra, India – 431136.
As per the financials filed for FY 2025, the company reported a revenue of ₹70.67 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹29.06 Lakh (net margin 0.4%) and EBITDA of ₹91.2 Lakh (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 968% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹20 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website towermech.com.
Company details
Contact details
Tower Ventures Private Limited's registered office is in Aurangabad, Maharashtra. Its website is towermech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No .M – 191/1 MIDC Area Waluj, Aurangabad, Maharashtra, India – 431136
- IndustryAutomotive, Commercial Vehicles & Fleet
To see the full contact details of Tower Ventures 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
Financials of Tower Ventures Private Limited
FY 2025 filings availableTower Ventures Private Limited reported revenue of ₹70.67 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 968% over five years, including 11% growth in the latest year. EBITDA rose 20% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹91.2 Lakh | ||||
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| Net Profit (PAT) | ₹29.06 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Tower Ventures Private Limited, buy the company report.
Board of directors of Tower Ventures Private Limited
Tower Ventures has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jai Kunal Thirani | Director | 15 Dec 2022 | 3 Years 10 Months | Current |
| Madhavi Thirani Also directs: Shreekant Trading Company Private Limited, Flexoplast Abrasives (India) Limited, Tower Mechanics Private Limited and 5 more | Director | 27 May 1994 | 32 Years 4 Months | Current |
| Akshat Thirani | Director | 09 Nov 2016 | 9 Years 11 Months | Current |
| Kunal Thirani Also directs: Shreekant Trading Company Private Limited, Flexoplast Abrasives (India) Limited, Tower Mechanics Private Limited and 5 more | Director | 27 May 1994 | 32 Years 4 Months | Current |
Peer comparison
Tower Ventures Private Limited is compared with the 10 companies closest to it by revenue in the Automobiles industry (Commercial Vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bebbco Commercial Vehicles Private Limited | ₹111.72 Cr (FY 2025) | -12.0% | Kolkata, West Bengal, India | |||
| Bhalotia Engineering Works Private Limited | ₹105.46 Cr (FY 2025) | 5.0% | Jamshedpur, Jharkhand, India | |||
| Khemji Trailer Private Limited | ₹90.15 Cr (FY 2025) | -27.0% | Shahpura, Rajasthan, India | |||
| Tratec Engineers Private Limited | ₹74.89 Cr (FY 2025) | -11.0% | Punjabi Bagh Extension, Delhi, India | |||
| Sutlej Motors Private Limited | ₹73.91 Cr (FY 2025) | 51.0% | Punjab, India | |||
| Tower Ventures Private Limitedthis company | ₹70.67 Cr (FY 2025) | ₹29.06 Lakh | 0.4% | 11.0% | Aurangabad, Maharashtra, India | |
| Arp Motors Private Limited | ₹65.23 Cr (FY 2025) | 46.0% | Delhi, India | |||
| G S Body Builders Private Limited | ₹64.87 Cr (FY 2025) | 54.0% | Chennai, Tamil Nadu, India | |||
| Sushil Commercial Vehicles Private Limited | ₹62.68 Cr (FY 2024) | 40.0% | Nanded, Maharashtra, India | |||
| Balaji Auto Commercial Vehicles Private Limited | ₹61.58 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| A.R.S. International Private Limited | ₹53.74 Cr (FY 2025) | -14.0% | Tal Anjar, Gujarat, India |
To see the full peer comparison of Tower Ventures Private Limited, buy the company report.
Auditor
Tower Ventures Private Limited is audited by G.G.LADDA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.G.LADDA & ASSOCIATES | FY 2023 | 121885W |
Shareholding
The shareholding of Tower Ventures Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tower Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2020 | 100375936 | Others | ₹3 Cr | Open | |
| 04 Oct 2007 | 10085422 | The Saraswat Co-Op Bank Ltd. | ₹20 Lakh | Satisfied |
To see the full charge records of Tower Ventures Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Tower Ventures 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 Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Tower Ventures has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Tower Mechanics Private Limited | U27100MH2005PTC154991 |
To see the full group structure of Tower Ventures Private Limited, buy the company report.
GST
No GST registration is on our record for Tower Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tower Ventures Private Limited has 5 board changes on record since 1994: 4 appointments and 1 cessation. The latest: Jai Kunal Thirani was appointed as Director on 15 Dec 2022.
Frequently asked questions
Tower Ventures is an active private limited company based in Aurangabad, Maharashtra, India. The company works in commercial vehicles and fleet, within the automotive industry. It was incorporated on 27 May 1994 (32+ years old) and is registered under CIN U99999MH1994PTC161929.
Tower Ventures has 4 current directors:
- Jai Kunal Thirani - Director
- Madhavi Thirani - Director
- Akshat Thirani - Director
- Kunal Thirani - Director
The latest financial statements of Tower Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Tower Ventures is U99999MH1994PTC161929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tower Ventures was incorporated on 27 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Tower Ventures by revenue are Bebbco Commercial Vehicles Private Limited, Bhalotia Engineering Works Private Limited, Khemji Trailer Private Limited, Tratec Engineers Private Limited, Sutlej Motors Private Limited and 5 more, all in the Automobiles industry (Commercial Vehicles).
Jai Kunal Thirani was appointed as Director on 15 Dec 2022. Akshat Thirani ceased to be Additional Director on 18 Sep 2017. Akshat Thirani was appointed as Director on 09 Nov 2016. Tower Ventures has 5 board changes on record in total.
Tower Ventures can be reached through the website towermech.com. Its registered office is in Aurangabad, Maharashtra, India.
The registered office of Tower Ventures is at Plot No .M – 1911 MIDC Area Waluj, Aurangabad, Maharashtra, India – 431136.
Tower Ventures operates in the automotive industry, in the commercial vehicles and fleet segment.
Tower Ventures has open charges of ₹3 Cr and satisfied charges of ₹20 Lakh as per latest MCA filings.