- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0039893

About Transglobal Power Limited
Data last updated:
Transglobal Power Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 09 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1990PLC011387. Its GSTIN is 29AAACT7258C1Z9 (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.1 Cr. It was formerly known as Transglobal Forex India Limited and Maxon Multitech Innovations Limited. It is led by directors including Suresh Dasappa (Managing Director) and Tolakalabavi Krishnamurthy Praveen (Whole-Time Director).
Its last annual general meeting (AGM) was held on 06 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1321/A 15th Cross Girinagar 2nd Stage, Bangalore, Karnataka, India – 560085.
As per the financials filed for FY 2025, the company reported a revenue of ₹201.93 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹14.11 Cr (net margin 7%) and EBITDA of ₹23.13 Cr (EBITDA margin 11.5%). Revenue has declined at a compounded annual rate (CAGR) of 1% over five years.
The company has about 103 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹195.33 Cr and satisfied charges of ₹51.57 Cr on record. Court records list 58 cases involving the company, including 16 filed by the company and 42 filed against it; 20 cases are pending.
Transglobal Power Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0039893). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website transglobalpower.com.
Name History
Transglobal Power has undergone 2 name changes throughout its history. The company was previously known as Transglobal Forex India Limited, and Maxon Multitech Innovations Limited. The current legal name is Transglobal Power Limited.
| Company Name | Status |
|---|---|
| Transglobal Power Limited | Current |
| Transglobal Forex India Limited | Previous |
| Maxon Multitech Innovations Limited | Previous |
CIN History
Transglobal Power has one previous CIN (Corporate Identification Number): U00291KA1990PLC011387. The current CIN is U85110KA1990PLC011387, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1990PLC011387 | Current |
| U00291KA1990PLC011387 | Previous |
Recognitions & Rankings of Transglobal Power
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1321/A 15th Cross Girinagar 2nd Stage, Bangalore, Karnataka, India – 560085
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Transglobal Power is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Transglobal Power Limited
FY 2025 filings availableTransglobal Power Limited reported revenue of ₹201.93 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 1% fall in the latest year. EBITDA rose 31% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹23.13 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹14.11 Cr | |
| 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 11.5% | |
| Net Profit Margin | 7% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Transglobal Power are in the company report.
: available in the company report
Board of Directors of Transglobal Power Limited
Transglobal Power has 9 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Honnaganahalli Kunnamarigowda Srikanta Also directs: Bio-Pest Management Private Limited | Director | 01 Feb 2019 | 7 Years 8 Months | Current |
| Tolakalabavi Krishnamurthy Praveen | Whole-Time Director | 27 Oct 1997 | 28 Years 11 Months | Current |
| Suresh Dasappa | Managing Director | 27 Oct 1997 | 28 Years 11 Months | Current |
| Srinivas Murthy Dasappa | Whole-Time Director | 31 May 2013 | 13 Years 4 Months | Current |
| Sanju Suresh | Whole-Time Director | 25 Mar 2014 | 12 Years 6 Months | Current |
| Suhas Suresh Bonageri Also directs: Lucres Private Limited | Director | 08 Jul 2019 | 7 Years 3 Months | Current |
Peer Comparison
Transglobal Power Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Leena Power-Tech Engineers Private Limited | ₹208.1 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Mumbai, Maharashtra, India |
| Transglobal Power Limited this company | ₹201.93 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Bangalore, Karnataka, India |
| Abn Tower and Transmission Private Limited | ₹198.9 Cr (FY 2025) | •••• | •••• | 91.0% | •••• | Kolkata, West Bengal, India |
| Bhavani Erectors Private Limited | ₹197.15 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Raichur, Karnataka, India |
Peers are the companies nearest to Transglobal Power by revenue, above and below it, in the Power industry (EPC, BoP and BTG), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Transglobal Power Limited is audited by K M Divakar for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K M Divakar | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jul 2024 | Hdfc Bank Limited | ₹40 Cr | Open |
| 22 Jan 2020 | Axis Bank Limited | ₹28.66 Lakh | Open |
| 11 Mar 2009 | Canara Bank | ₹155.04 Cr | Open |
| 10 Jun 2016 | Others | ₹11.4 Lakh | Satisfied |
| 20 May 2009 | Canara Bank | ₹9 Lakh | Satisfied |
Total charge records: 9 View all charges
Legal Cases
Transglobal Power Limited has 58 court cases on record: 16 filed by Transglobal Power, 42 filed against it. 20 cases are pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 23 | 3 |
| High courts | 22 | 15 | 14 |
| NCLAT | 4 | 4 | 3 |
Cases on record (5 of 58)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed by the company against M/S Trans India Forex Pvt Ltd | Pending |
| District court, CHIKKAMAGALURU, Karnataka | Motor accident claim | Filed by the company against The Branch Manager, Oriental Insurance Company Ltd., and 1 other | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Dale Engineering and Technical Services Pvt Limited and Others | Pending |
| District court, CHIKKAMAGALURU, Karnataka | Motor accident claim | Filed by the company against The Branch Manager, Oriental Insurance Company Ltd., and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Dale Engineering and Technical Services Pvt Limited and Others | Disposed |
: available in 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
Transglobal Power Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 237 overdue payments to 45 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 45)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Spoorthy Metal Technologies Private Limited | •••• | •••• | •••• |
| M/S Transpower | •••• | •••• | •••• |
| Nandadeepa Power Controls | •••• | •••• | •••• |
| Trecistron Enterprises Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Transglobal Power Limited has a workforce of 103 employees as of Apr 08, 2024.
: available in the company report
Recent Activity
Transglobal Power Limited has 27 board changes on record since 1997: 18 appointments and 9 cessations. The latest: Manjunath Sreenivasa Murthy was appointed as Director on 01 Apr 2025.
38 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Transglobal Power has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACT7258C1Z9 | Karnataka | Active | 01 Jul 2017 |
| 29AAACT7258C2Z8 | Karnataka | Active | 25 Mar 2025 |
| 05AAACT7258C1ZJ | Uttarakhand | Active | 01 Jul 2017 |
| 33AAACT7258C1ZK | Tamil Nadu | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Transglobal Power is an active public limited company based in Bangalore, Karnataka, India. The company works in power epc, within the energy and power industry. It was incorporated on 09 November 1990 (36+ years old) and is registered under CIN U85110KA1990PLC011387.
Transglobal Power has 9 current directors:
- Suresh Dasappa - Managing Director
- Tolakalabavi Krishnamurthy Praveen - Whole-Time Director
- Srinivas Murthy Dasappa - Whole-Time Director
- Sanju Suresh - Whole-Time Director
- Honnaganahalli Kunnamarigowda Srikanta - Director
- Suhas Suresh Bonageri - Director
- Muralimohan Chikkakalaiah Thappanahalli - Director
- Ravindrakumar Sankalagere Puttaswamy - Director
- Manjunath Sreenivasa Murthy - Director
The latest financial statements of Transglobal Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Transglobal Power is 29AAACT7258C1Z9, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 29AAACT7258C2Z8 (Karnataka), 05AAACT7258C1ZJ (Uttarakhand), 33AAACT7258C1ZK (Tamil Nadu).
The CIN (Corporate Identification Number) of Transglobal Power is U85110KA1990PLC011387. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Transglobal Power has 58 court cases on record: 16 filed by the company and 42 filed against it. 20 are pending. Most are in the district courts.
Transglobal Power was incorporated on 09 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Transglobal Power by revenue are Leena Power-Tech Engineers Private Limited, Abn Tower and Transmission Private Limited, Bhavani Erectors Private Limited, all in the Power industry (EPC, BoP and BTG), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities).
Manjunath Sreenivasa Murthy was appointed as Director on 01 Apr 2025. Rajashekar Kunna Mari Gowda ceased to be Director on 31 Mar 2025. Honnamaranhalli Chikkahonnegowda Ananthaswamy ceased to be Director on 30 Jun 2024. Transglobal Power has 27 board changes on record in total.
Yes, Transglobal Power is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0039893).
Transglobal Power has 4 MSME Form 1 returns on record between 2019 and 2020, listing 237 overdue payments to 45 micro and small suppliers. The latest return was filed on 29 Oct 2020.
Transglobal Power can be reached through the website transglobalpower.com. Its registered office is in Bangalore, Karnataka, India.