
About Tranxit Technology Solutions Private Limited
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Tranxit Technology Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 10 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2017PTC115996. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jesuraj Gnanamani and Saraswathi Elangovan.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.19 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹1.09 Cr (net margin -21%) and EBITDA of -₹1.05 Cr (EBITDA margin -20.3%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
The company has about 133 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tranxit.
Tranxit Technology Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0019121). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tranxitgroup.com.
Company details
Recognitions & Rankings of Tranxit Technology Solutions
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-TN-02-0019121
Contact details
Tranxit Technology Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is tranxitgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPrestige Palladium Bayan 5th Floor No.129 – 140 Greams Road Thous, And Lights, Chennai, Tamil Nadu, India – 600006
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Tranxit Technology 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
Brands
Tranxit Technology Solutions operates one associated brand: Tranxit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a white-label taxi hailing app for businesses. | tranxit.co |
Business activity
The main business activity of Tranxit Technology Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Tranxit Technology Solutions Private Limited, buy the company report.
Financials of Tranxit Technology Solutions Private Limited
FY 2022 filings availableTranxit Technology Solutions Private Limited reported revenue of ₹5.19 Cr (down 28% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over three years, including a 28% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Total Revenue | ₹5.19 Cr | ||||
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| EBITDA | -₹1.05 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹1.09 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | -20.3% | ||||
| Net Profit Margin | -21% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Tranxit Technology Solutions Private Limited, buy the company report.
Board of directors of Tranxit Technology Solutions Private Limited
Tranxit Technology Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jesuraj Gnanamani Also directs: S A Eonsofttech Private Limited | Additional Director | 28 Oct 2022 | 3 Years 11 Months | Current |
| Saraswathi Elangovan Also directs: S A Eonsofttech Private Limited | Additional Director | 18 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Tranxit Technology Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iassist Innovations Labs Private Limited | ₹5.21 Cr (FY 2023) | 76.0% | Anekal, Karnataka, India | |||
| Arus Info Private Limited | ₹5.2 Cr (FY 2025) | -1.0% | Bangalore, Karnataka, India | |||
| Ping Techno Solutions Private Limited | ₹5.2 Cr (FY 2025) | 51.0% | Chennai, Tamil Nadu, India | |||
| Payvance Innovation Private Limited | ₹5.19 Cr (FY 2025) | 876.0% | Thane, Maharashtra, India | |||
| Hakimo AI India Private Limited | ₹5.19 Cr (FY 2024) | 21.0% | Bangalore, Karnataka, India | |||
| Tranxit Technology Solutions Private Limitedthis company | ₹5.19 Cr (FY 2022) | -₹1.09 Cr | -21% | -28.0% | 133 | Chennai, Tamil Nadu, India |
| Roblogix Systems Private Limited | ₹5.18 Cr (FY 2025) | 71.0% | Hyderabad, Telangana, India | |||
| Eco Tech Software Private Limited | ₹5.17 Cr (FY 2024) | -2.0% | Chennai, Tamil Nadu, India | |||
| Iocod Infotech Private Limited | ₹5.17 Cr (FY 2025) | 86.0% | Kozhikode, Kerala, India | |||
| Prologging-In IT Private Limited | ₹5.17 Cr (FY 2025) | -42.0% | Cyberabad, Telangana, India | |||
| Redim Information Systems Private Limited | ₹5.17 Cr (FY 2025) | 26.0% | Chengalpattu, Tamil Nadu, India |
To see the full peer comparison of Tranxit Technology Solutions Private Limited, buy the company report.
Auditor
Tranxit Technology Solutions Private Limited is audited by H S A & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H S A & ASSOCIATES | FY 2022 | 013695S |
Shareholding
The shareholding of Tranxit Technology Solutions Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Tranxit Technology Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tranxit Technology 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 Tranxit Technology Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tranxit Technology Solutions Private Limited has a workforce of 133 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Tranxit Technology Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Tranxit Technology Solutions Private Limited, buy the company report.
Recent activity
Tranxit Technology Solutions Private Limited has 6 board changes on record since 2022: 2 appointments and 4 cessations. The latest: Jesuraj Gnanamani was appointed as Additional Director on 28 Oct 2022.
Frequently asked questions
Tranxit Technology Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 10 April 2017 (9+ years old) and is registered under CIN U72900TN2017PTC115996.
Tranxit Technology Solutions has 2 current directors:
- Jesuraj Gnanamani - Additional Director
- Saraswathi Elangovan - Additional Director
The latest financial statements of Tranxit Technology Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
No. Tranxit Technology Solutions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Tranxit Technology Solutions is U72900TN2017PTC115996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tranxit Technology Solutions was incorporated on 10 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Tranxit Technology Solutions by revenue are Iassist Innovations Labs Private Limited, Arus Info Private Limited, Ping Techno Solutions Private Limited, Payvance Innovation Private Limited, Hakimo AI India Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Jesuraj Gnanamani was appointed as Additional Director on 28 Oct 2022. Subburaj Sheela ceased to be Additional Director on 28 Oct 2022. Arjun ceased to be Director on 18 May 2022. Tranxit Technology Solutions has 6 board changes on record in total.
Yes, Tranxit Technology Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Tranxit Technology Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0019121).
Tranxit Technology Solutions can be reached through the website tranxitgroup.com. Its registered office is in Chennai, Tamil Nadu, India.