
About Tower Vision India Private Limited
Data last updated:
Tower Vision India Private Limited was a private limited company based in Secunderabad, Telangana, India, operated as a subsidiary of Tower Vision Mauritius Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the telecom infrastructure segment of the telecommunications sector. It was incorporated on 27 January 2006.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U64203TS2006PTC181671. Its GSTIN is 36AACCT3934F1ZF (Telangana). The company held 25 GST registrations, of which 22 are active.
The company had an authorised share capital of ₹925 Cr and a paid-up capital of ₹897.21 Cr. It was led by directors including Manish Jindal and Samad A Momin.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Secunderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,299.3 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹207.9 Cr (net margin 16%) and EBITDA of ₹610.5 Cr (EBITDA margin 47%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 8% over five years.
The company had about 438 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Tower Vision. As per MCA filings, the company had open charges of ₹779.19 Cr and satisfied charges of ₹3,438.66 Cr on record. Court records list 1,009 cases involving the company, including 662 filed by the company and 348 filed against it; 80 cases are pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹897.2 Cr; the latest was in June 2023. Its 3 peer companies in the Telecom industry (Telecom Infrastructure), with the same principal business activity (wired, wireless or satellite telecommunication activities) are compared by revenue, 1 larger and 2 smaller; the largest is Railtel Corporation of India Limited with revenue of ₹3,551.04 Cr.
The last known website on record is tower-vision.com.
Company details
CIN history
Tower Vision India has one previous CIN (Corporate Identification Number): U64203DL2006PTC145455. The current CIN is U64203TS2006PTC181671, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64203TS2006PTC181671 | Current |
| U64203DL2006PTC145455 | Previous |
Contact details
Tower Vision India Private Limited's registered office is in Secunderabad, Telangana. Its website is tower-vision.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressUnit No. 10 New Municipal No. 9 – 1 – 87 & 119/1/4F/Unit No. 10, 4th Floor Eden Amsri Square St Johns Road, Secunderabad, Telangana, India – 500003
- IndustryTelecom, Telecom Infrastructure
To see the full contact details of Tower Vision 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 Vision India operates one associated brand: Tower Vision. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Passive infrastructure is managed for wireless telecommunications towers in India. | tower-vision.com |
Business activity
The main business activity of Tower Vision India is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Tower Vision India Private Limited, buy the company report.
Financials of Tower Vision India Private Limited
FY 2024 filings availableTower Vision India Private Limited reported revenue of ₹1,299.3 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 8% growth in the latest year. EBITDA rose 6% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹610.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹207.9 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 47% | ||||
| Net Profit Margin | 16% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| 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 Vision India Private Limited, buy the company report.
Board of directors of Tower Vision India Private Limited
Tower Vision India has 3 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Jindal Also directs: Global Infrastructure Partners India Private Limited | Nominee Director | 14 Jun 2023 | 3 Years 4 Months | As last reported |
| Samad A Momin Also directs: Ascend Telecom Infrastructure Private Limited | Nominee Director | 14 Jun 2023 | 3 Years 4 Months | As last reported |
| Ankur Srivastava Also directs: Demello Telepower Private Limited | Nominee Director | 14 Jun 2023 | 3 Years 4 Months | As last reported |
Peer comparison
Tower Vision India Private Limited is compared with the 3 companies closest to it by revenue in the Telecom industry (Telecom Infrastructure), with the same principal business activity (wired, wireless or satellite telecommunication activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Railtel Corporation of India Limited | ₹3,551.04 Cr (FY 2025) | 35.0% | New Delhi, Delhi, India | |||
| Tower Vision India Private Limitedthis company | ₹1,299.3 Cr (FY 2024) | ₹207.9 Cr | 16% | 8.0% | 438 | Secunderabad, Telangana, India |
| Dinesh Engineers Limited | ₹1,131.53 Cr (FY 2024) | 169.0% | Navi Mumbai, Maharashtra, India | |||
| Powergrid Teleservices Limited | ₹1,128.1 Cr (FY 2025) | 24.0% | Delhi, India |
To see the full peer comparison of Tower Vision India Private Limited, buy the company report.
Auditor
Tower Vision India Private Limited is audited by B S R & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & CO LLP | FY 2023 | 101248W/W100022 |
Shareholding
The shareholding of Tower Vision India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tower Vision India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Oct 2021 | 100500486 | Others | ₹700 Cr | Satisfied | |
| 25 Nov 2014 | 10532151 | Others | ₹1,169.8 Cr | Satisfied | |
| 26 Aug 2014 | 10525090 | Axis Trustee Services Limited | ₹25.66 Cr | Satisfied | |
| 28 Mar 2014 | 10493811 | Reliance Capital Ltd | ₹35 Cr | Satisfied | |
| 21 Jan 2013 | 10407123 | Axis Bank Limited | ₹15 Cr | Satisfied |
To see the full charge records of Tower Vision India Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Tower Vision India Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹897.2 Cr; the latest was in June 2023.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: GIP EM Ascend 2 Pte Limited, Ascend Telcom Infrastructure Private Limited Seller: Quadrangle (TVM) Mauritius Limited, Tower Vision Mauritius Limited |
| Jul 2014 | Funding round | ₹155.93 Cr | Investors: Tower Vision Mauritius Limited |
| Dec 2010 | Funding round | ₹324.51 Cr | Investors: Tower Vision Mauritius Limited |
| Sep 2007 | Funding round | ₹416.76 Cr | Investors: Tower Vision Mauritius Limited |
| Jul 2006 | Secondary share transfer | Undisclosed | Buyer: Tower Vision Mauritius Limited, Conqueror Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tower Vision India Private Limited has 1,009 court cases on record: 662 filed by Tower Vision India, 348 filed against it. 80 cases are pending and 929 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 568 | 235 | 35 |
| High courts | 428 | 103 | 40 |
| Supreme Court | 11 | 9 | 5 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 1,009)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, DELHI | Writ petition | Filed against the company by Tower Vision India Pvt Ltd and 2 others | Disposed |
| High Court, DELHI | Writ petition | Filed by the company against Tower Vision India Pvt Ltd and 2 others | Disposed |
| District court, East Godavari, Andhra Pradesh | Court case (AS) | Filed against the company | Pending |
| High Court of Rajasthan | Court case (CFA) | Filed against the company | Pending |
| High Court of Punjab and Haryana | Court case (STA) | Filed against the company by Principal Commissioner of Central Goods and Service Tax Gurugram | Pending |
To see the full case history of Tower Vision India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Tower Vision India Private Limited was last rated by Brickwork on 08 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 08 Sep 2020 |
To see the full credit ratings and regulatory alerts of Tower Vision India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tower Vision India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tower Vision India Private Limited has a workforce of 438 employees on its EPFO records as of Mar 20, 2024, across 1 active EPFO establishment.
GST
Tower Vision India has 25 GST registrations: 22 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCT3934F1ZF | Telangana | Active | 01 Jul 2017 |
| 02AACCT3934F2ZP | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AACCT3934F1ZO | Punjab | Active | 01 Jul 2017 |
| 04AACCT3934F1ZM | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tower Vision India Private Limited, buy the company report.
Recent activity
Tower Vision India Private Limited has 21 board changes on record since 2008: 3 appointments and 18 cessations. The latest: Amit Ganani ceased to be Director on 14 Jun 2023.
32 earlier events are in the company report.
News
Frequently asked questions
Tower Vision India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Tower Vision India was a private limited company based in Secunderabad, Telangana, India. The company worked in telecom infrastructure, within the telecom industry. It was incorporated on 27 January 2006 and is registered under CIN U64203TS2006PTC181671. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Tower Vision India was incorporated on 27 January 2006. It is registered with the Registrar of Companies, Hyderabad.
Tower Vision India had 3 directors:
- Manish Jindal - Nominee Director
- Samad A Momin - Nominee Director
- Ankur Srivastava - Nominee Director
The CIN (Corporate Identification Number) of Tower Vision India is U64203TS2006PTC181671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Tower Vision India is at Unit No. 10 New Municipal No. 9 – 1 – 87 & 11914FUnit No. 10, 4th Floor Eden Amsri Square St Johns Road, Secunderabad, Telangana, India – 500003.
Tower Vision India can be reached through the website tower-vision.com. Its registered office is in Secunderabad, Telangana, India.
The latest financial statements of Tower Vision India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Tower Vision India is 36AACCT3934F1ZF, registered in Telangana. The company has 25 GST registrations in all, of which 22 are active and 3 are cancelled or inactive. Other active GSTINs include 02AACCT3934F2ZP (Himachal Pradesh), 03AACCT3934F1ZO (Punjab), 04AACCT3934F1ZM (Chandigarh).
Tower Vision India operated in the telecom industry, in the telecom infrastructure segment.
Tower Vision India has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹897.2 Cr; the latest was in June 2023.