- 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 56 cases involving the company, including 16 filed by the company and 34 filed against it; 19 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 of Transglobal Power Limited
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 of Transglobal Power Limited
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 of Transglobal Power Limited
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
Verified entity values are shown only after access is granted.
Financials of Transglobal Power Limited FY 2025 filings available
Transglobal Power Limited reported revenue of ₹201.93 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Transglobal Power Limited
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 of Transglobal Power Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 of Transglobal Power Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 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.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 of Transglobal Power Limited
Transglobal Power Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ledure Lightings Limited | ₹208.52 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Leena Power-Tech Engineers Private Limited | ₹208.1 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Mumbai, Maharashtra, India |
| Stockwell Solar Services Private Limited | ₹205.82 Cr (FY 2025) | •••• | •••• | 634.0% | •••• | Jaipur, Rajasthan, India |
| U-Solar Clean Energy Solutions Private Limited | ₹204.34 Cr (FY 2024) | •••• | •••• | 137.0% | •••• | Bangalore, Karnataka, India |
| Suncity Urja Private Limited | ₹203.47 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Jaipur, Rajasthan, India |
| Transglobal Power Limited this company | ₹201.93 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Bangalore, Karnataka, India |
| Shree Samarth Wind Park Private Limited | ₹201.28 Cr (FY 2025) | •••• | •••• | 1626.0% | •••• | Kalavad, Gujarat, India |
| Yuvaan Energy Limited | ₹201.13 Cr (FY 2024) | •••• | •••• | 315.0% | •••• | Ahmedabad, Gujarat, India |
| SRVS Solars Limited | ₹200.13 Cr (FY 2025) | •••• | •••• | 141.0% | •••• | Raipur, Chhattisgarh, 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 five companies nearest above and the five nearest below Transglobal Power by revenue in the Power industry (EPC, BoP and BTG), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Transglobal Power Limited
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 |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Transglobal Power Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Transglobal Power Limited
| 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 of Transglobal Power Limited
Transglobal Power Limited has 56 court cases on record: 16 filed by Transglobal Power, 34 filed against it, 6 where it is another party. 19 cases are pending and 37 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 21 | 3 |
| High courts | 22 | 10 | 14 |
| NCLAT | 3 | 3 | 2 |
Cases on record (5 of 56)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed by the company against Trans India Forex Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Dale Engineering & Technical Services Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Dale Engineering & Technical Services Private Limited | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against an individual | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Deputy Commissioner St | Pending |
Full case history
All 56 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Transglobal Power Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
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 at Transglobal Power Limited
Transglobal Power Limited has a workforce of 103 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Transglobal Power Limited
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 for Transglobal Power Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Transglobal Power Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Transglobal Power Limited
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 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Transglobal Power Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Transglobal Power Limited
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 reported revenue of ₹201.93 Cr for FY 2025 (down 1% YoY).
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
Transglobal Power reported a net profit of ₹14.11 Cr (net margin 7%) and EBITDA of ₹23.13 Cr (EBITDA margin 11.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Transglobal Power is -1% over five years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
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 56 court cases on record: 16 filed by the company and 34 filed against it. 19 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 Ledure Lightings Limited, Leena Power-Tech Engineers Private Limited, Stockwell Solar Services Private Limited, U-Solar Clean Energy Solutions Private Limited, Suncity Urja Private Limited and 5 more, all in the Power industry (EPC, BoP and BTG).
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).