About Transport Solutions India Private Limited
Data last updated:
Transport Solutions India Private Limited is a private limited company based in Pune, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 06 January 2006.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U34201PN2006PTC021794. Its GSTIN is 27AAJCS5378K1ZN (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹8.65 Cr and a paid-up capital of ₹6.02 Cr. It was formerly known as Stokota Engee India Private Limited. It is led by directors Vijaikumar Rajnarain Singh (Managing Director) and Anand Vijay Singh.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹9.54 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹4.87 Cr (net margin -51.1%) and EBITDA of -₹2.65 Cr (EBITDA margin -27.8%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 27% over five years.
The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹25.15 Cr and satisfied charges of ₹43.08 Cr on record. Court records list 23 cases involving the company, including 11 filed by the company and 12 filed against it; 9 cases are pending. The company has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹18.32 Cr; the latest was in March 2014.
The last known website on record is tsindia.co.in.
Company details
Contact details
Transport Solutions India Private Limited's registered office is in Pune, Maharashtra. Its website is tsindia.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSr. No. 170 Plot No. D – 1 Chakan – Talegaon Highway MIDC Chakan K, Halumbre, Pune, Maharashtra, India – 410501
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Transport Solutions India 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 Transport Solutions India is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Transport Solutions India Private Limited, buy the company report.
Financials of Transport Solutions India Private Limited
FY 2021 filings availableTransport Solutions India Private Limited reported revenue of ₹9.54 Cr (down 50% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 50% fall in the latest year. EBITDA rose 70% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹9.54 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹2.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.87 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -27.8% | ||||
| Net Profit Margin | -51.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Transport Solutions India Private Limited, buy the company report.
Board of directors of Transport Solutions India Private Limited
Transport Solutions India has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Vijay Singh | Director | 06 Jan 2006 | 20 Years 9 Months | As last reported |
| Vijaikumar Rajnarain Singh Also directs: HLM India Private Limited | Managing Director | 06 Jan 2006 | 20 Years 9 Months | As last reported |
Auditor
Transport Solutions India Private Limited is audited by NERLIKAR & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NERLIKAR & ASSOCIATES | FY 2021 | 113837W |
Shareholding
The shareholding of Transport Solutions India Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Transport Solutions India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2013 | 10414103 | Bank of Maharashtra Deccan Gymkhana Branch Pune | ₹20 Cr | Open | |
| 25 Mar 2013 | 10416124 | Bank of Maharashtra | ₹5.15 Cr | Open | |
| 25 Mar 2013 | 10416072 | Bank of Maharashtra | ₹1.5 Cr | Satisfied | |
| 25 Mar 2013 | 10416130 | Bank of Maharashtra | ₹9.5 Cr | Satisfied | |
| 28 Jul 2011 | 10305018 | Corporation Bank | ₹5.29 Cr | Satisfied |
To see the full charge records of Transport Solutions India Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Transport Solutions India Private Limited has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹18.32 Cr; the latest was in March 2014.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: P.R. Niryat Pvt. Ltd. Seller: Surya Premises Private Limited , Duke Equity Partners, TS India Holdings LLS |
| Apr 2013 | Secondary share transfer | Undisclosed | Buyer: P.R. Niryat Pvt. Ltd. Seller: Bafna Motors Private Limited , Automotive Manufacturers Private Limited |
| Jun 2010 | Funding round | ₹3.3 Cr | Investors: Automotive Manufacturers Private Limited , Elzas Holding B V, an individual |
| Sep 2008 | Funding round | ₹4.74 Cr | Investors: Elzas Holding B V, Automotive Manufacturers Private Limited , Bafna Motors Private Limited |
| Oct 2007 | Secondary share transfer | Undisclosed | Buyer: Bafna Motors Private Limited , an individual Seller: 2 individuals |
To see the full deal history of Transport Solutions India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Transport Solutions India Private Limited has 23 court cases on record: 11 filed by Transport Solutions India, 12 filed against it. 9 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 9 | 8 |
| NCLT | 3 | 3 | 1 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Ms SK Textiles Pvt Ltd | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Value Wise Consultancy Private Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against HLM India Pvt. Ltd. and 2 others | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CBI CC) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL.CASE) | Filed against the company by an individual | Pending |
To see the full case history of Transport Solutions India 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.
Credit ratings & regulatory alerts
Transport Solutions India Private Limited was last rated by Crisil on 17 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 17 Mar 2021 |
To see the full credit ratings and regulatory alerts of Transport Solutions India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Transport Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Transport Solutions India has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mosolf India Logistics Private Limited | U63040PN2010FTC135587 |
To see the full group structure of Transport Solutions India Private Limited, buy the company report.
Employees & EPFO
Transport Solutions India Private Limited has a workforce of 2 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Transport Solutions India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCS5378K1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Transport Solutions India Private Limited, buy the company report.
Recent activity
Transport Solutions India Private Limited has 12 board changes on record since 2006: 2 appointments and 10 cessations. The latest: Risul Agarwal ceased to be Company Secretary on 23 Jun 2019.
27 earlier events are in the company report.
Frequently asked questions
Transport Solutions India is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Transport Solutions India is a company under insolvency, formerly operating as a private limited company based in Pune, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 06 January 2006 and is registered under CIN U34201PN2006PTC021794. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Transport Solutions India has 2 current directors:
- Vijaikumar Rajnarain Singh - Managing Director
- Anand Vijay Singh - Director
The latest financial statements of Transport Solutions India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Transport Solutions India is U34201PN2006PTC021794. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Transport Solutions India has open charges of ₹25.15 Cr and satisfied charges of ₹43.08 Cr as per latest MCA filings.
Transport Solutions India has 23 court cases on record: 11 filed by the company and 12 filed against it. 9 are pending. Most are in the district courts.
Transport Solutions India was incorporated on 06 January 2006. It is registered with the Registrar of Companies, Pune.
Transport Solutions India has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹18.32 Cr; the latest was in March 2014.
Risul Agarwal ceased to be Company Secretary on 23 Jun 2019. Jacob Vaandrager ceased to be Director on 30 Aug 2018. Amit Singh ceased to be Additional Director on 26 Mar 2015. Transport Solutions India has 12 board changes on record in total.
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