Established in: 2004
Managing Director: Manoj G. Tirodkar
GTL Infrastructure Limited (GTL Infra) is India’s largest independent telecom tower company, which was incorporated in 2004. The company was founded by Manoj G. Tirodkar and is headquartered in Navi Mumbai. GTL Infrastructure Limited owns and manages around 26,000 telecom towers across all 22 telecom circles in the country.
The company leases shared passive infrastructure to major wireless telecom operators such as Bharti Airtel, Vodafone Idea (Vi), and Reliance Jio.
GTL Infrastructure Limited launched its IPO and went public in 2006 with a face value of ₹10 per share and issued shares at $50 per share. The GTL Infrastructure Limited stock is considered and traded as a penny stock on stock exchanges such as NSE and BSE.
The GTL Infrastructure Limited offers shares of passive telecom infrastructure, such as towers, generators and battery backups to telecom operators on lease to help them avoid high capital expenses toward these. The company offers this equipment and towers on lease to telecom operators under long-term service contracts that range from 5 to 15 years.
GTL Infrastructure Limited regularly issues public notices to caution citizens against fraudulent schemes where individuals are promised large monthly rentals for installing telecom towers on private plots.
GTL Infrastructure Limited was founded by Manoj G. Tirodkar in 2004 and listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) in 2006, becoming the first company belonging to the telecom infrastructure sector to be publicly listed. In the upcoming years, GTL Infrastructure Limited launched a rights issue and in 2010 acquired 17,500 towers and 21,000 tenants from Aircel, a major Indian mobile network operator in India.
GTL Infrastructure Limited is an independent telecom tower company that owns passive telecom infrastructure and allows multiple wireless telecom operators to host their active network components on the same tower. For sharing the telecom infrastructure, GTL charges a lease rental, which is its main source of revenue.
GTL Infrastructure Limited plans to lease its existing telecom towers to multiple telecom companies as they rapidly deploy 4G and 5G, in need of additional tower space, to reduce operational costs and debt. The following are the future plans of GTL Infrastructure Limited.
Increase Tenant Ratio The company is planning to increase its tenant ratio on its existing portfolio by equipping towers with 5G technology, Fixed Wireless Access (FWA) support and industrial campus network services.
Green Power Integration GTL Infrastructure Limited is implementing energy management services that use green power sources to reduce the diesel consumption of tower operations.
Expansion in Rural and Semi-Urban Regions The company is currently targeting Tier-2 and Tier-3 cities and towns to capitalise on increasing digital consumption and to get new tenancies from telecommunication operators.
Restructure Debt The company is planning to manage its debt by working with lenders to restructure loans and availing government infrastructure programs to lower future borrowing costs.
As of 9 Jun 2026, GTL Infra share price is ₹1.52. The stock opened at ₹1.52, compared to its previous close of ₹1.51. During today's trading session, GTL Infra share price moved in the range of ₹1.51 to ₹1.54, with an average price of ₹1.52 for the day. Looking at its last 52-week, the stock has touched a low of ₹1.51 and a high of ₹1.54. On the performance front, GTL Infra share price has increased by 20.80% over the last six months and is up 1.34% on a year-on-year basis.
The market capitalization of GTL Infra is ₹1,422 Crs, with a P/E ratio of 2.5 and a dividend yield of 0.00%.