MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0048551
Transpares Limited - energy and power in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹50.36 Cr
▲ 28% YoY
Net profit · FY 2025
₹8.22 Cr
Net margin 16.3%
EBITDA · FY 2025
₹12.65 Cr
EBITDA margin 25.1%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.94 Cr
Issued & subscribed
Open charges
₹13.39 Cr
Satisfied ₹14.51 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
15
Provident fund records
About Transpares Limited
Data last updated:
Transpares Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Transformers And Rectifiers (India) Limited. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 02 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31102GJ1995PLC024841. Its GSTIN is 24AACCT0642A1Z3 (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.94 Cr. It was formerly known as Transpares Pvt Ltd. It is led by directors including Hitendra Mulchandbhai Doshi (Managing Director) and Aakanksha Satyen Mamtora.
Its last annual general meeting (AGM) was held on 12 May 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 14/15 Ashwamegh Industrialestate Sarkhej – Bawla Highway Vill – P O Changodar Ta – Sanand, Ahmedabad, Gujarat, India – 382210.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.36 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹8.22 Cr (net margin 16.3%) and EBITDA of ₹12.65 Cr (EBITDA margin 25.1%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 13% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.39 Cr and satisfied charges of ₹14.51 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Transpares Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0048551). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website transpares.co.in.
Company details
CIN U31102GJ1995PLC024841
Registration Number 024841
Incorporation Date 02 March 1995
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 May 2025
Date of Balance Sheet 31 March 2025
Parent Company Transformers And Rectifiers (India) Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0048551
CIN history
Transpares has one previous CIN (Corporate Identification Number): U31102GJ1995PTC024841. The current CIN is U31102GJ1995PLC024841, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31102GJ1995PLC024841 | Current |
| U31102GJ1995PTC024841 | Previous |
Key People
Hitendra Mulchandbhai Doshi Managing Director Aakanksha Satyen Mamtora Director Karunaben Jitendra Mamtora Director Recognitions & Rankings of Transpares
Contact details
Transpares Limited's registered office is in Ahmedabad, Gujarat. Its website is transpares.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address14/15 Ashwamegh Industrialestate Sarkhej – Bawla Highway Vill – P O Changodar Ta – Sanand, Ahmedabad, Gujarat, India – 382210
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Transpares Limited, buy the company report.
Comprehensive company report
Transpares Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Transpares is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Transpares Limited, buy the company report.
Financials of Transpares Limited
FY 2025 filings availableTranspares Limited reported revenue of ₹50.36 Cr (up 28% YoY) for FY 2025.
Revenue · FY 2025
₹50.36 Cr ▲ 28%
Net profit · FY 2025
₹8.22 Cr margin 16.3%
EBITDA · FY 2025
₹12.65 Cr margin 25.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 12%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 100%
3 years · compounded
▲ 60%
5 years · compounded
▲ 30%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 28% growth in the latest year. EBITDA rose 100% 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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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹12.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.22 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 25.1% | ||||
| Net Profit Margin | 16.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Transpares Limited, buy the company report.
Board of directors of Transpares Limited
Transpares has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aakanksha Satyen Mamtora | Director | 21 Oct 2006 | 20 Years 0 Months | Current |
| Hitendra Mulchandbhai Doshi | Managing Director | 01 Jun 2008 | 18 Years 4 Months | Current |
| Karunaben Jitendra Mamtora | Director | 21 Oct 2006 | 20 Years 0 Months | Current |
Peer comparison
Transpares Limited is compared with the 8 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sheetsol Private Limited | ₹50.58 Cr (FY 2025) | 48.0% | Dharsiwa, Chhattisgarh, India | |||
| Vidata Powertech Limited | ₹50.58 Cr (FY 2025) | 136.0% | Pune, Maharashtra, India | |||
| Transgear Power Systems Private Limited | ₹50.45 Cr (FY 2024) | 12.0% | Bangalore, Karnataka, India | |||
| Goldstar Power Limited | ₹50.42 Cr (FY 2025) | -4.0% | Jamnagar, Gujarat, India | |||
| Transpares Limitedthis company | ₹50.36 Cr (FY 2025) | ₹8.22 Cr | 16.3% | 28.0% | 15 | Ahmedabad, Gujarat, India |
| Shreya Ex-Tech Private Limited | ₹50.06 Cr (FY 2025) | 14.0% | Vadodara, Gujarat, India | |||
| Global Wind Power Limited | ₹49.8 Cr (FY 2024) | -29.0% | Mumbai, Maharashtra, India | |||
| Ultech Energies Private Limited | ₹49.47 Cr (FY 2025) | 385.0% | Pune, Maharashtra, India | |||
| Kasa Anlagen India Private Limited | ₹49.32 Cr (FY 2025) | 17.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Transpares Limited, buy the company report.
Auditor
Transpares Limited is audited by SANJAY VASTUPAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY VASTUPAL & CO | FY 2023 | 109187W |
Shareholding
The shareholding of Transpares 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 Transpares Limited, buy the company report.
Charges & borrowings
Open charges
₹13.39 Cr
Satisfied charges
₹14.51 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2012 | 10346520 | Axis Bank Limited | ₹13.39 Cr | Open | |
| 10 Sep 2004 | 90102729 | State Bank of India | ₹90 Lakh | Satisfied | |
| 30 Jul 2004 | 90102386 | State Bank of India | ₹13.31 Cr | Satisfied | |
| 30 Jul 2004 | 90102543 | State Bank of India | ₹30 Lakh | Satisfied |
To see the full charge records of Transpares Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Transpares Limited has 2 court cases on record: 2 filed by Transpares. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed by the company against Accurate Transformers Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed by the company against Accurate Transformers Ltd. | Disposed |
To see the full case history of Transpares 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
Transpares Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 75 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| R R Patel Industrial Gases Private Limited | |||
| an individual supplier | |||
| Madhuraj Industrial Gases Private Limited | |||
| Fintank Engineers Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Transpares Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Transpares Limited has a workforce of 15 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
GST
Transpares has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCT0642A1Z3 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Transpares Limited, buy the company report.
Recent activity
Transpares Limited has 7 board changes on record since 2006: 5 appointments and 2 cessations. The latest: Sureshchandra Ramsaran Agrawal ceased to be Director on 04 Mar 2023.
AGM
Transpares Limited last Annual general meeting of members was held on 12 May 2025 as per latest MCA records.
Filing
Transpares Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited of Rs. 13.39 Cr registered on 12 Mar 2012 with Charge ID 10346520 was modified on 08 Jul 2024.
Ceased
Sureshchandra Ramsaran Agrawal ceased to be Director.
Ceased
Michael Bomi Homawalla ceased to be Director.
Appointed
Sureshchandra Ramsaran Agrawal was appointed as Director.
Charges
A charge registered on 10 Sep 2004 via Charge ID 90102729 with State Bank Of India was fully satisfied on 21 Apr 2012.
Charges
A charge registered on 30 Jul 2004 via Charge ID 90102543 with State Bank Of India was fully satisfied on 21 Apr 2012.
Charges
A charge registered on 30 Jul 2004 via Charge ID 90102386 with State Bank Of India was fully satisfied on 21 Apr 2012.
Charges
A charge with Axis Bank Limited amounted to Rs. 13.39 Cr with Charge ID 10346520 was registered on 12 Mar 2012.
Charges
A charge with State Bank Of India of Rs. 13.31 Cr registered on 30 Jul 2004 with Charge ID 90102386 was modified on 30 May 2009.
Appointed
Hitendra Mulchandbhai Doshi was appointed as Managing Director.
7 earlier events are in the company report.
Frequently asked questions
Transpares is an active public limited company based in Ahmedabad, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 02 March 1995 (31+ years old) and is registered under CIN U31102GJ1995PLC024841.
Transpares has 3 current directors:
- Hitendra Mulchandbhai Doshi - Managing Director
- Aakanksha Satyen Mamtora - Director
- Karunaben Jitendra Mamtora - Director
The latest financial statements of Transpares on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 May 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Transpares is 24AACCT0642A1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Transpares is U31102GJ1995PLC024841. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Transpares has 2 court cases on record: 2 filed by the company.
Transpares was incorporated on 02 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Transpares by revenue are Sheetsol Private Limited, Vidata Powertech Limited, Transgear Power Systems Private Limited, Goldstar Power Limited, Shreya Ex-Tech Private Limited and 3 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Sureshchandra Ramsaran Agrawal ceased to be Director on 04 Mar 2023. Michael Bomi Homawalla ceased to be Director on 08 Aug 2012. Sureshchandra Ramsaran Agrawal was appointed as Director on 08 Aug 2012. Transpares has 7 board changes on record in total.
Yes, Transpares is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0048551).
Transpares has 6 MSME Form 1 returns on record between 2019 and 2023, listing 75 overdue payments to 10 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Transpares can be reached through the website transpares.co.in. Its registered office is in Ahmedabad, Gujarat, India.