- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-08-0034206

About Transit Security Solutions Private Limited
Data last updated:
Transit Security Solutions Private Limited is a foreign private limited company based in Kozhikode, Kerala, India, a subsidiary of Transit Security Solutions Llc. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 20 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U64200KL2019FTC059276. Its GSTIN is 32AASCA6371R1ZW (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Abaci Transit Security Solutions Privatelimited and Abaci Transit Security Solutions Private Limited. It is led by directors Peedika Makkantavida Muhammad Danish and Kizhakkayil Meethal Chandran.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Door No. 1421 2/1149 A71 4th Floor Hilite Business Park G/A College P.O., Kozhikode, Kerala, India – 673014.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.97 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹18.38 Lakh (net margin -52.6%) and EBITDA of -₹18.2 Lakh (EBITDA margin -52%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years.
Transit Security Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-08-0034206). For more details, the company can be reached via its website transit-si.com.
Company details
Name history
Transit Security Solutions has undergone 2 name changes throughout its history. The company was previously known as Abaci Transit Security Solutions Privatelimited, and Abaci Transit Security Solutions Private Limited. The current legal name is Transit Security Solutions Private Limited.
| Company Name | Status |
|---|---|
| Transit Security Solutions Private Limited | Current |
| Abaci Transit Security Solutions Privatelimited | Previous |
| Abaci Transit Security Solutions Private Limited | Previous |
Recognitions & Rankings of Transit Security Solutions
Contact details
Transit Security Solutions Private Limited's registered office is in Kozhikode, Kerala. Its website is transit-si.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDoor No. 1421 2/1149 A71 4th Floor Hilite Business Park G/A College P.O., Kozhikode, Kerala, India – 673014
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Transit Security Solutions 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 Transit Security Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Transit Security Solutions Private Limited, buy the company report.
Financials of Transit Security Solutions Private Limited
FY 2024 filings availableTransit Security Solutions Private Limited reported revenue of ₹34.97 Lakh (down 60% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 60% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 28%. 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 | -₹18.2 Lakh | ||||
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| Net Profit (PAT) | -₹18.38 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -52% | ||||
| Net Profit Margin | -52.6% | ||||
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To see the full financial statements and ratios of Transit Security Solutions Private Limited, buy the company report.
Board of directors of Transit Security Solutions Private Limited
Transit Security Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Peedika Makkantavida Muhammad Danish Also directs: Abaci Technologies Private Limited | Director | 20 Aug 2019 | 7 Years 2 Months | Current |
| Kizhakkayil Meethal Chandran Also directs: Abaci Technologies Private Limited | Director | 20 Aug 2019 | 7 Years 2 Months | Current |
Auditor
Transit Security Solutions Private Limited is audited by NAIK KOTRAPPA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAIK KOTRAPPA AND ASSOCIATES | FY 2023 | 006180S |
Shareholding
The shareholding of Transit Security Solutions 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 Transit Security Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Transit Security Solutions 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 Transit Security Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Transit Security Solutions has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Transit Security Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AASCA6371R1ZW | Kerala | Active | 28 Sep 2019 |
To see the full GST registrations and return filing status of Transit Security Solutions Private Limited, buy the company report.
Recent activity
Transit Security Solutions Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Peedika Makkantavida Muhammad Danish ceased to be Managing Director on 11 Feb 2024.
Frequently asked questions
Transit Security Solutions is an active foreign private limited company based in Kozhikode, Kerala, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 20 August 2019 (7+ years old) and is registered under CIN U64200KL2019FTC059276.
Transit Security Solutions has 2 current directors:
- Peedika Makkantavida Muhammad Danish - Director
- Kizhakkayil Meethal Chandran - Director
The latest financial statements of Transit Security Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Transit Security Solutions is 32AASCA6371R1ZW, registered in Kerala.
The CIN (Corporate Identification Number) of Transit Security Solutions is U64200KL2019FTC059276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Transit Security Solutions was incorporated on 20 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
Peedika Makkantavida Muhammad Danish ceased to be Managing Director on 11 Feb 2024. Kizhakkayil Meethal Chandran was appointed as Director on 20 Aug 2019. Peedika Makkantavida Muhammad Danish was appointed as Director on 20 Aug 2019.
Yes, Transit Security Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-08-0034206).
Transit Security Solutions can be reached through the website transit-si.com. Its registered office is in Kozhikode, Kerala, India.
The registered office of Transit Security Solutions is at Door No. 1421 21149 A71 4th Floor Hilite Business Park GA College P.O., Kozhikode, Kerala, India – 673014.