Maru Transmission Service Company Limited - Company Profile

It is a energy and power public limited company based in Ahmedabad, Gujarat, India, established in 2009.

2009 Ahmedabad, Gujarat, India Active

Last Updated: December 17, 2025

About Maru Transmission Service Company Limited

Maru Transmission Service Company Limited, a active public limited company, was established on 17 June 2009 in Ahmedabad, Gujarat, India. Engaging in power transmission & distribution services within the electricity, gas, steam and air condition supply sector, it holds CIN: U40109GJ2009PLC098567. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹8.94 Cr and a paid-up capital of ₹8.94 Cr.

It upholds a compliant status. Employing 5 professional, Its leadership includes Nihar Sundar Raj (Director), Ravindra Ashok Atale (Director), Suresh Ganpati Shinde (Director). Past directors included Ajaya Kumar Nathani, Sanjay Bhatt, Sanjay Barde Narayan. It holds ₹175.00 Cr open charges and ₹419.26 Cr settled loans. Its latest AGM occurred on 21 June 2025, with the balance sheet filed on 31 March 2025. It is based at Adani Corporate House, Shantigram Near Vaishno Devi Circle, S. G. Highway,, Khodiyar, Ahmedabad, Gujarat, 382421.

Company Details

CIN/LLPIN
U40109GJ2009PLC098567
Registration Number
098567
Incorporation Date
17 June 2009
Authorized Capital
₹8.94 Cr
Paid-Up Capital
₹8.94 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 8.94 Cr as on 17-12-2025
Paid Up Capital ₹ 8.94 Cr as on 17-12-2025
Company Age 16 Year, 8 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 175.00 Cr as on 17-12-2025
Satisfied Charges ₹ 419.26 Cr as on 17-12-2025
Revenue Growth **** 0.78% (FY 2023)
Profit Growth **** 225.58% (FY 2023)
Ebitda **** -1.54% (FY 2023)
Net Worth 28.20% (FY 2023)
Total Assets -0.54% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Maru Transmission Service Company Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Maru Transmission Service Company Limited?

Current Directors

Name	Designation	Appointment Date	Status
Nihar Sundar Raj	Director	06 Dec 2021	Current
Ravindra Ashok Atale	Director	13 Mar 2025	Current
Suresh Ganpati Shinde	Director	13 Mar 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	06 Oct 2016	Past
Pramod Abcsdd	Director	13 Mar 2025	Past
Pramod Abcsdd	Additional Director	27 Aug 2013	Past
Pramod Abcsdd	Director	15 Feb 2011	Past
Pramod Abcsdd	Director	15 Feb 2011	Past
Pramod Abcsdd	Additional Director	26 Jul 2022	Past

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Financial Performance of Maru Transmission Service Company.

Maru Transmission Service Company Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.78% increase. The company also saw a substantial improvement in profitability, with a 225.58% increase in profit. The company's net worth Soared by an impressive increase of 28.2%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

0.78%

*******

Revenue from Operations

*******

4.30%

*******

Total Assets

*******

-0.54%

*******

Profit or Loss

*******

225.58%

*******

Net Worth

*******

28.20%

*******

EBITDA

*******

-1.54%

*******

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What is the Ownership and Shareholding Structure of Maru Transmission Service Company?

In 2023, Maru Transmission Service Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹1,750,000,000.00

Satisfied Charges

₹4,192,633,295.00

Charges Breakdown by Lending Institutions

Others : 175.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
26 Aug 2021	Others	₹175.00 Cr	Open
08 Jan 2018	Others	₹22.50 Cr	Satisfied
15 Sep 2017	Others	₹106.61 Cr	Satisfied
28 Jun 2017	Others	₹72.00 Cr	Satisfied
31 Mar 2015	Icici Bank Limited	₹17.00 Cr	Satisfied

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How Many Employees Work at Maru Transmission Service Company?

Maru Transmission Service Company has a workforce of 5 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Maru Transmission Service Company, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Maru Transmission Service Company's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Maru Transmission Service Company

Recent Activity within the Organization

Annual General Meeting

Progress on Maru Transmission Service Company Limited last Annual general meeting of members was held on 21 Jun 2025 as per latest MCA records. was documented.
21 Jun 2025
Balance Sheet

The activity Maru Transmission Service Company Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.
31 Mar 2025
Director Appointment

Progress on Ravindra Ashok Atale was appointed as a Director was appointed as a Director on 13 Mar 2025 & has been associated with this company since 11 months 16 days . was documented.
13 Mar 2025
Director Appointment

Progress on Suresh Ganpati Shinde was appointed as a Director was appointed as a Director on 13 Mar 2025 & has been associated with this company since 11 months 16 days . was documented.
13 Mar 2025
Director Appointment

Progress on Nihar Sundar Raj was appointed as a Director was appointed as a Director on 06 Dec 2021 & has been associated with this company since 4 years 2 months . was documented.
06 Dec 2021
Charges

The activity A charge with Others amounted to Rs. 175.00 Cr with Charge ID 100473682 was registered on 26 Aug 2021. was completed.
26 Aug 2021

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