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Gvolts Transformers Private Limited - energy and power in Olpad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹15.69 Cr
▲ 152% YoY
Net profit · FY 2022
₹32.88 Lakh
Net margin 2.1%
EBITDA · FY 2022
₹61.05 Lakh
EBITDA margin 3.9%
Authorised capital
₹6 Lakh
Registered with MCA
Paid-up capital
₹5.56 Lakh
Issued & subscribed
Open charges
₹4.1 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Gvolts Transformers Private Limited
Data last updated:
Gvolts Transformers Private Limited is a private limited company based in Olpad, Gujarat, India, recognised as a startup by DPIIT. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 08 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31100GJ2019PTC107518. Its GSTIN is 24AAHCG7718D1ZQ (Gujarat).
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹5.56 Lakh. It is led by directors Anandkumar Vikramjit Upadhyay and Pravinkumar Upadhyay.
Its last annual general meeting (AGM) was held on 21 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at New Bl No.103 Pl No.1/A Bl 104, Pl No.1 Mota Borsara Olpad, Gujarat, India – 394110.
As per the financials filed for FY 2022, the company reported a revenue of ₹15.69 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹32.88 Lakh (net margin 2.1%) and EBITDA of ₹61.05 Lakh (EBITDA margin 3.9%).
As per MCA filings, the company has open charges of ₹4.1 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Gvolts Transformers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0009690). For more details, the company can be reached via its website gvoltstransformers.com.
Company details
CIN U31100GJ2019PTC107518
Registration Number 107518
Incorporation Date 08 April 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 21 September 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0009690
Recognitions & Rankings of Gvolts Transformers
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0009690
Contact details
Gvolts Transformers Private Limited's registered office is in Olpad, Gujarat. Its website is gvoltstransformers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNew Bl No.103 Pl No.1/A Bl 104, Pl No.1 Mota Borsara Olpad, Gujarat, India – 394110
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Gvolts Transformers Private Limited, buy the company report.
Comprehensive company report
Gvolts Transformers Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Gvolts Transformers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Gvolts Transformers Private Limited, buy the company report.
Financials of Gvolts Transformers Private Limited
FY 2022 filings availableGvolts Transformers Private Limited reported revenue of ₹15.69 Cr (up 152% YoY) for FY 2022.
Revenue · FY 2022
₹15.69 Cr ▲ 152%
Net profit · FY 2022
₹32.88 Lakh margin 2.1%
EBITDA · FY 2022
₹61.05 Lakh margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 152%
EBITDA CAGR growth
1 year
▲ 83%
Revenue rose 152% in the latest year. EBITDA rose 83% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹15.69 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹61.05 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹32.88 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 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.9% | ||
| Net Profit Margin | 2.1% | ||
| 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 Gvolts Transformers Private Limited, buy the company report.
Board of directors of Gvolts Transformers Private Limited
Gvolts Transformers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravinkumar Upadhyay Also directs: Meridian Allied International LLP, Creacent Elecinfra Private Limited, P3 Industries Private Limited and 2 more | Additional Director | 10 Jun 2025 | 1 Years 4 Months | Current |
| Anandkumar Vikramjit Upadhyay | Director | 08 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Gvolts Transformers Private Limited is compared with the 5 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chetan Electric Private Limited | ₹15.82 Cr (FY 2024) | 4.0% | Bangalore, Karnataka, India | |||
| Gvolts Transformers Private Limitedthis company | ₹15.69 Cr (FY 2022) | ₹32.88 Lakh | 2.1% | 152.0% | Olpad, Gujarat, India | |
| Renutron Power Solutions (India) Private Limited | ₹15.64 Cr (FY 2024) | 16.0% | Kolhapur, Maharashtra, India | |||
| I-Max Innovation Private Limited | ₹15.63 Cr (FY 2025) | 16.0% | Bengaluru, Karnataka, India | |||
| Vidyuth Control Systems Private Limited | ₹15.53 Cr (FY 2024) | -9.0% | Telangana, India | |||
| Pentaflo Hydro Private Limited | ₹15.52 Cr (FY 2025) | -29.0% | New Delhi, Delhi, India |
To see the full peer comparison of Gvolts Transformers Private Limited, buy the company report.
Auditor
Gvolts Transformers Private Limited is audited by S N P A & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S N P A & ASSOCIATES | FY 2022 | 142364W |
Shareholding
The shareholding of Gvolts Transformers Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Gvolts Transformers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2020 | 100329594 | Others | ₹4.1 Cr | Open |
To see the full charge records of Gvolts Transformers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Gvolts Transformers Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, NCLT Ahmedabad | Company petition | Filed against the company by an individual | Pending |
To see the full case history of Gvolts Transformers 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gvolts Transformers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gvolts Transformers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCG7718D1ZQ | Gujarat | Active | 02 Aug 2019 |
To see the full GST registrations and return filing status of Gvolts Transformers Private Limited, buy the company report.
Recent activity
Gvolts Transformers Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Arvindbhai Hardasbhai Gadhvi ceased to be Director on 10 Jun 2025.
Ceased
Arvindbhai Hardasbhai Gadhvi ceased to be Director.
Appointed
Pravinkumar Upadhyay was appointed as Additional Director.
Charges
A charge with Others of Rs. 410.00 Lakh registered on 24 Jan 2020 with Charge ID 100329594 was modified on 18 Oct 2022.
AGM
Gvolts Transformers Private Limited last Annual general meeting of members was held on 21 Sep 2022 as per latest MCA records.
Filing
Gvolts Transformers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 410.00 Lakh with Charge ID 100329594 was registered on 24 Jan 2020.
Appointed
Anandkumar Vikramjit Upadhyay was appointed as Director.
Incorporation
08 Apr 2019
Gvolts Transformers Private Limited was registered on 08 Apr 2019 with Roc Ahmedabad & aged 7 years 6 months as per MCA records.
Frequently asked questions
Gvolts Transformers is an active private limited company based in Olpad, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 08 April 2019 (7+ years old) and is registered under CIN U31100GJ2019PTC107518.
Gvolts Transformers has 2 current directors:
- Pravinkumar Upadhyay - Additional Director
- Anandkumar Vikramjit Upadhyay - Director
The latest financial statements of Gvolts Transformers on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 21 September 2022. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Gvolts Transformers is 24AAHCG7718D1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Gvolts Transformers is U31100GJ2019PTC107518. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gvolts Transformers has 1 court case on record: 1 filed against it. 1 is pending.
Gvolts Transformers was incorporated on 08 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Gvolts Transformers by revenue are Chetan Electric Private Limited, Renutron Power Solutions (India) Private Limited, I-Max Innovation Private Limited, Vidyuth Control Systems Private Limited, Pentaflo Hydro Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Arvindbhai Hardasbhai Gadhvi ceased to be Director on 10 Jun 2025. Pravinkumar Upadhyay was appointed as Additional Director on 10 Jun 2025. Anandkumar Vikramjit Upadhyay was appointed as Director on 08 Apr 2019.
Yes, Gvolts Transformers is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Gvolts Transformers is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0009690).