About Trans Float Solar Private Limited
Data last updated:
Trans Float Solar Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 08 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29309TN2019PTC132492. Its GSTIN is 32AAHCT5978N1ZL (Kerala).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹13 Lakh. It is led by directors including Mavelikalam Ramakrishnan Narayanan and Subramoniam Ramakrishnan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 2/796 Kazura Gardens First Main Road Second Floor Sakshi Towers Neelankarai, Chennai, Tamil Nadu, India – 600041.
As per the financials filed for FY 2023, the company reported a revenue of ₹61.59 Lakh. For the same year it recorded a net loss of ₹51.47 Lakh (net margin -83.6%) and EBITDA of -₹17.89 Lakh (EBITDA margin -29.1%).
The company has 1 deal on record (1 funding round), with disclosed funding of ₹12.5 Lakh; the latest was in January 2023.
For more details, the company can be reached via its website floatels.net.
Company details
Contact details
Trans Float Solar Private Limited's registered office is in Chennai, Tamil Nadu. Its website is floatels.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2/796 Kazura Gardens First Main Road Second Floor Sakshi Towers Neelankarai, Chennai, Tamil Nadu, India – 600041
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Trans Float Solar 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
Business activity
The main business activity of Trans Float Solar is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Trans Float Solar Private Limited, buy the company report.
Financials of Trans Float Solar Private Limited
FY 2023 filings availableTrans Float Solar Private Limited reported revenue of ₹61.59 Lakh for FY 2023.
Financial Statement Summary
| Metrics | 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 | -₹17.89 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹51.47 Lakh | |||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -29.1% | |||
| Net Profit Margin | -83.6% | |||
| 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 Trans Float Solar Private Limited, buy the company report.
Board of directors of Trans Float Solar Private Limited
Trans Float Solar 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 |
|---|---|---|---|---|
| Sachin Aggarwal Also directs: Eversun Solar Private Limited, Purshotam Profiles Private Limited, Purshotam Sanash Solar Private Limited and 5 more | Additional Director | 25 Nov 2024 | 1 Years 10 Months | Current |
| Shreyansh Aggarwal | Additional Director | 28 Feb 2022 | 4 Years 7 Months | Current |
| Mavelikalam Ramakrishnan Narayanan Also directs: Adtech Systems Limited, Aptmicro Solutions Limited, Transmatic Systems Private Limited and 5 more | Director | 08 Nov 2019 | 6 Years 11 Months | Current |
| Subramoniam Ramakrishnan Also directs: Adtech Systems Limited, Aptmicro Solutions Limited | Director | 08 Nov 2019 | 6 Years 11 Months | Current |
Auditor
Trans Float Solar Private Limited is audited by SATHIAVAGEESWARAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATHIAVAGEESWARAN & CO | FY 2023 | 015109S |
Shareholding
The shareholding of Trans Float Solar Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Trans Float Solar Private Limited, buy the company report.
Deals & funding
Trans Float Solar Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹12.5 Lakh; the latest was in January 2023.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Funding round | ₹12.5 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Trans Float Solar 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 Trans Float Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Trans Float Solar Private Limited has 1 active EPFO establishment as of Mar 28, 2024.
GST
Trans Float Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAHCT5978N1ZL | Kerala | Active | 17 Mar 2022 |
To see the full GST registrations and return filing status of Trans Float Solar Private Limited, buy the company report.
Recent activity
Trans Float Solar Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Sachin Aggarwal was appointed as Additional Director on 25 Nov 2024.
Frequently asked questions
Trans Float Solar is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 08 November 2019 (7+ years old) and is registered under CIN U29309TN2019PTC132492.
Trans Float Solar has 4 current directors:
- Sachin Aggarwal - Additional Director
- Shreyansh Aggarwal - Additional Director
- Mavelikalam Ramakrishnan Narayanan - Director
- Subramoniam Ramakrishnan - Director
The latest financial statements of Trans Float Solar on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Trans Float Solar is 32AAHCT5978N1ZL, registered in Kerala.
The CIN (Corporate Identification Number) of Trans Float Solar is U29309TN2019PTC132492. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trans Float Solar was incorporated on 08 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
Trans Float Solar has 1 deal on record (1 funding round), with disclosed funding of ₹12.5 Lakh; the latest was in January 2023.
Sachin Aggarwal was appointed as Additional Director on 25 Nov 2024. Sunil Aggarwal ceased to be Additional Director on 25 Nov 2024. Shreyansh Aggarwal was appointed as Additional Director on 28 Feb 2022. Trans Float Solar has 5 board changes on record in total.
Trans Float Solar can be reached through the website floatels.net. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Trans Float Solar is at 2796 Kazura Gardens First Main Road Second Floor Sakshi Towers Neelankarai, Chennai, Tamil Nadu, India – 600041.