About NRSS Xxix Transmission Limited
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NRSS Xxix Transmission Limited is a public limited union government company based in Mumbai, Maharashtra, India, a subsidiary of Indigrid 1 Limited. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 29 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40106MH2013GOI359686. Its GSTIN is 27AAECN4380P1ZV (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹33.52 Cr and a paid-up capital of ₹33.52 Cr. It is led by directors including Puneet Singh Chauhan (Manager) and Meghana Pandit.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹535.77 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹64.55 Cr (net margin 12%) and EBITDA of ₹504.03 Cr (EBITDA margin 94.1%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
The company has about 47 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹750 Cr and satisfied charges of ₹4,500 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 4 filed against it; 4 cases are pending. The company has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹97.78 Cr; the latest was in November 2018. Its 7 peer companies in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 4 smaller; the largest is Gujarat Power Corporation Limited with revenue of ₹627.34 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 65 overdue payments to 7 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indigrid.co.in.
Company details
CIN history
NRSS Xxix Transmission has one previous CIN (Corporate Identification Number): U40106DL2013GOI256050. The current CIN is U40106MH2013GOI359686, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40106MH2013GOI359686 | Current |
| U40106DL2013GOI256050 | Previous |
Contact details
NRSS Xxix Transmission Limited's registered office is in Mumbai, Maharashtra. Its website is indigrid.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnitno 101 Firstfloor Windsor Village Kolekalyan Off Cst Road Vidyanagari Marg Santacru, Z (East), Mumbai, Maharashtra, India – 400098
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of NRSS Xxix Transmission 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 NRSS Xxix Transmission is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of NRSS Xxix Transmission Limited, buy the company report.
Financials of NRSS Xxix Transmission Limited
FY 2025 filings availableNRSS Xxix Transmission Limited reported revenue of ₹535.77 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 1% fall in the latest year. EBITDA fell 1% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹504.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹64.55 Cr | ||||
| Balance Sheet | |||||
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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 | 94.1% | ||||
| Net Profit Margin | 12% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of NRSS Xxix Transmission Limited, buy the company report.
Board of directors and KMP of NRSS Xxix Transmission Limited
NRSS Xxix Transmission Limited currently reports 4 directors and 1 key managerial person. 33 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puneet Singh Chauhan Also directs: Enerica Infra 1 Private Limited | Manager | 02 Nov 2023 | 2 Years 11 Months | Current |
| Meghana Pandit | Director | 24 Jan 2023 | 3 Years 9 Months | Current |
| Mohit Vadera | Company Secretary | 01 Feb 2024 | 2 Years 8 Months | Current |
| Sanil Chittoor Namboodiripad Also directs: Indigrid 2 Private Limited, Patran Transmission Company Private Limited, Bhopal Dhule Transmission Company Limited and 5 more | Director | 23 Jul 2025 | 1 Years 3 Months | Current |
| Abhay Kumar Also directs: Parbati Koldam Transmission Company Limited, Ner II Transmission Limited, Ner II Transmission Private Limited and 5 more | Director | 11 May 2023 | 3 Years 5 Months | Current |
Peer comparison
NRSS Xxix Transmission Limited is compared with the 7 companies closest to it by revenue in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gujarat Power Corporation Limited | ₹627.34 Cr (FY 2024) | 10.0% | Gandhinagar, Gujarat, India | |||
| Ampin Energy Transition Private Limited | ₹591.54 Cr (FY 2025) | 52.0% | New Delhi, Delhi, India | |||
| Halvad Transmission Limited | ₹587.44 Cr (FY 2025) | 3064.0% | Ahmedabad, Gujarat, India | |||
| NRSS Xxix Transmission Limitedthis company | ₹535.77 Cr (FY 2025) | ₹64.55 Cr | 12% | -1.0% | 47 | Mumbai, Maharashtra, India |
| TP Ajmer Distribution Limited | ₹520.89 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India | |||
| Jammu Power Distribution Company Limited | ₹489.81 Cr (FY 2024) | -2.0% | Jammu, Jammu and Kashmir, India | |||
| Meghalaya Power Generation Corporation Limited | ₹477.12 Cr (FY 2024) | 85.0% | Shillong, Meghalaya, India | |||
| Warora-Kurnool Transmission Limited | ₹438.62 Cr (FY 2025) | 81.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of NRSS Xxix Transmission Limited, buy the company report.
Auditor
NRSS Xxix Transmission Limited is audited by S R B C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of NRSS Xxix Transmission Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of NRSS Xxix Transmission Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Mar 2025 | 101070590 | Others | ₹750 Cr | Open | |
| 18 Jan 2018 | 100148831 | Others | ₹2,250 Cr | Satisfied | |
| 13 Oct 2016 | 100054417 | Sbicap Trustee Company Limited | ₹2,250 Cr | Satisfied |
To see the full charge records of NRSS Xxix Transmission Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
NRSS Xxix Transmission Limited has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹97.78 Cr; the latest was in November 2018.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2018 | Funding round | ₹17.78 Cr | Investors: Indigrid 1 Limited |
| Jun 2016 | Funding round | ₹80 Cr | Investors: Indigrid 1 Limited |
| Mar 2016 | Rights issue | ₹70 Cr | Investors: Indigrid 1 Limited |
| Mar 2015 | Rights issue | ₹19.67 Cr | Investors: Indigrid 1 Limited |
| Aug 2014 | Secondary share transfer | Undisclosed | Buyer: Indigrid 1 Limited , Sterlite Grid 2 Limited & K. S. Rao, Sterlite Grid 2 Limited & Amit Deshpande Seller: Rec Transmission Projects Company Limited , Rec Transmission Projects Company Limited & Vijay Kumar Singh, Rec Transmission Projects Company Limited & Sanjay Shilendra Kumar |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
NRSS Xxix Transmission Limited has 6 court cases on record: 3 filed by NRSS Xxix Transmission, 4 filed against it. 4 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 3 |
| District courts | 2 | 2 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, JAMMU AND KASHMIR | Writ petition | Filed against the company by NRSS Xxix Transmission Ltd and 1 other | Pending |
| High Court, JAMMU AND KASHMIR | Writ petition | Filed by the company against NRSS Xxix Transmission Ltd. and 4 others | Pending |
| High Court, JAMMUKASHMIR | Writ petition | Filed by the company against Union of India Th Ministry of Defence New Delhi and Others | Pending |
| High Court, JAMMUKASHMIR | Court case (CCP(S)) | Filed by the company against an individual | Pending |
| District court, Jammu, Jammu and Kashmir | Court case (Permanent P ICivil) | Filed against the company by an individual | Pending |
To see the full case history of NRSS Xxix Transmission 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
NRSS Xxix Transmission Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 65 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Sterling Viking Power Private Limited | |||
| Vindhyavasini Enterprises Private Limited |
To see the full MSME payment records of NRSS Xxix Transmission Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
NRSS Xxix Transmission Limited has a workforce of 47 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
NRSS Xxix Transmission has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECN4380P1ZV | Maharashtra | Active | 23 Jun 2021 |
| 03AAECN4380P1Z5 | Punjab | Active | 01 Jul 2017 |
| 01AAECN4380P1Z9 | Jammu and Kashmir | Active | 25 Jul 2017 |
To see the full GST registrations and return filing status of NRSS Xxix Transmission Limited, buy the company report.
Recent activity
NRSS Xxix Transmission Limited has 32 board changes on record since 2014: 5 appointments and 27 cessations. The latest: Sanil Chittoor Namboodiripad ceased to be Additional Director on 14 Sep 2025.
29 earlier events are in the company report.
News
Frequently asked questions
NRSS Xxix Transmission is an active public limited union government company based in Mumbai, Maharashtra, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 29 July 2013 (13+ years old) and is registered under CIN U40106MH2013GOI359686.
NRSS Xxix Transmission has 5 current directors and KMP:
- Meghana Pandit - Director
- Sanil Chittoor Namboodiripad - Director
- Abhay Kumar - Director
- Puneet Singh Chauhan - Manager
- Mohit Vadera - Company Secretary
The latest financial statements of NRSS Xxix Transmission on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of NRSS Xxix Transmission is 27AAECN4380P1ZV, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 03AAECN4380P1Z5 (Punjab), 01AAECN4380P1Z9 (Jammu and Kashmir).
The CIN (Corporate Identification Number) of NRSS Xxix Transmission is U40106MH2013GOI359686. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NRSS Xxix Transmission has 6 court cases on record: 3 filed by the company and 4 filed against it. 4 are pending. Most are in the high courts.
NRSS Xxix Transmission was incorporated on 29 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
NRSS Xxix Transmission has 5 deals on record (2 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹97.78 Cr; the latest was in November 2018.
The peers of NRSS Xxix Transmission by revenue are Gujarat Power Corporation Limited, Ampin Energy Transition Private Limited, Halvad Transmission Limited, TP Ajmer Distribution Limited, Jammu Power Distribution Company Limited and 2 more, all in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution).
Sanil Chittoor Namboodiripad ceased to be Additional Director on 14 Sep 2025. Sanil Chittoor Namboodiripad was appointed as Director on 23 Jul 2025. Mohit Vadera was appointed as Company Secretary on 01 Feb 2024. NRSS Xxix Transmission has 32 board changes on record in total.
NRSS Xxix Transmission has 10 MSME Form 1 returns on record between 2019 and 2024, listing 65 overdue payments to 7 micro and small suppliers. The latest return was filed on 30 Apr 2024.
NRSS Xxix Transmission can be reached through the website indigrid.co.in. Its registered office is in Mumbai, Maharashtra, India.