- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0072849

About Transparency Market Research Private Limited
Data last updated:
Transparency Market Research Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 13 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2013PTC148433. Its GSTIN is 27AAECT7206J1Z6 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shweta Patel and Anurag Singh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at India Land Global Tech Park Zone – 2 Unit Ug – 1, Behind Grand High Street Phase 1 Hinjewadi Pune, Maharashtra, India – 411057.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.82 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹3.7 Cr (net margin -47.3%) and EBITDA of -₹2.84 Cr (EBITDA margin -36.2%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 18% over five years.
The company has about 129 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Transparency Market Research. As per MCA filings, the company has satisfied charges of ₹76.29 Lakh on record.
Transparency Market Research Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0072849). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website transparencymarketresearch.com.
Company details
Recognitions & Rankings of Transparency Market Research
Contact details
Transparency Market Research Private Limited's registered office is in Pune, Maharashtra. Its website is transparencymarketresearch.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressIndia Land Global Tech Park Zone – 2 Unit Ug – 1, Behind Grand High Street Phase 1 Hinjewadi Pune, Maharashtra, India – 411057
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Transparency Market Research 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
Brands
Transparency Market Research operates one associated brand: Transparency Market Research. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Market research reports and business consulting services are provided across multiple sectors. | transparencymarketresearch.com |
Business activity
The main business activity of Transparency Market Research is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of Transparency Market Research Private Limited, buy the company report.
Financials of Transparency Market Research Private Limited
FY 2025 filings availableTransparency Market Research Private Limited reported revenue of ₹7.82 Cr (down 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 40% fall in the latest year. EBITDA fell 40% 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 |
|---|---|---|---|---|---|
| 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 | -₹2.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.7 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -36.2% | ||||
| Net Profit Margin | -47.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Transparency Market Research Private Limited, buy the company report.
Board of directors of Transparency Market Research Private Limited
Transparency Market Research has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shweta Patel Also directs: Mi5 Prosystems Private Limited, Uma Jakhauli Memorable and Charitable Foundation, Vani Wellness LLP and 4 more | Director | 29 Dec 2021 | 4 Years 10 Months | Current |
| Anurag Singh | Director | 13 Aug 2013 | 13 Years 3 Months | Current |
| Rajendra Singh Also directs: Bloombond Agro LLP | Director | 24 Aug 2018 | 8 Years 2 Months | Current |
| Sudip Saha | Director | 16 Oct 2023 | 3 Years 0 Months | Current |
Auditor
Transparency Market Research Private Limited is audited by H. R. Arsiddha & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H. R. Arsiddha & Associates | FY 2023 | 139017 |
Shareholding
The shareholding of Transparency Market Research Private 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Transparency Market Research Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2016 | 100091997 | Hdfc Bank Limited | ₹13.29 Lakh | Satisfied | |
| 04 May 2016 | 100036081 | Others | ₹63 Lakh | Satisfied |
To see the full charge records of Transparency Market Research Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Transparency Market Research Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Transparency Market Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Transparency Market Research has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECT7206J1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Transparency Market Research Private Limited, buy the company report.
Recent activity
Transparency Market Research Private Limited has 11 board changes on record since 2013: 4 appointments and 7 cessations. The latest: Sudip Saha ceased to be Additional Director on 29 Sep 2024.
6 earlier events are in the company report.
News
Frequently asked questions
Transparency Market Research is an active private limited company based in Pune, Maharashtra, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 13 August 2013 (13+ years old) and is registered under CIN U74900PN2013PTC148433.
Transparency Market Research has 4 current directors:
- Shweta Patel - Director
- Anurag Singh - Director
- Rajendra Singh - Director
- Sudip Saha - Director
The latest financial statements of Transparency Market Research on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Transparency Market Research is 27AAECT7206J1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Transparency Market Research is U74900PN2013PTC148433. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Transparency Market Research was incorporated on 13 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
Sudip Saha ceased to be Additional Director on 29 Sep 2024. Sudip Saha was appointed as Director on 16 Oct 2023. Utkarsh Vasant Koregaonkar ceased to be Director on 16 Oct 2023. Transparency Market Research has 11 board changes on record in total.
Yes, Transparency Market Research is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0072849).
Transparency Market Research can be reached through the website transparencymarketresearch.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Transparency Market Research is at India Land Global Tech Park Zone – 2 Unit Ug – 1, Behind Grand High Street Phase 1 Hinjewadi Pune, Maharashtra, India – 411057.

