Transtreasure Services (India) Private Limited
About Transtreasure Services (India) Private Limited
Data last updated:
Transtreasure Services (India) Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Syntech International B. V.. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the cash management services segment of the financial services sector. It was incorporated on 17 October 2011.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93030MH2011PTC223158. Its GSTIN is 36AAECT0187C1ZK (Telangana). The company holds 10 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.58 Cr. It is led by directors including Perpetual Ignatius Dias and Rajiv Bajaj (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Shop No. 43 Plot No. 92 To 95 Sector – 15 Maruti Paradise Belapur, Navi Mumbai, Maharashtra, India – 400611.
As per the financials filed for FY 2019, the company reported a revenue of ₹128.33 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹3.4 Cr (net margin -2.7%) and EBITDA of ₹59.58 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years.
The company has about 3,283 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹2 Cr on record. Court records list 13 cases involving the company, including 4 filed by the company and 9 filed against it; 1 case is pending. The company has 7 deals on record (2 acquisitions, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2.8 Cr; the latest was in February 2017.
Company details
Contact details
Transtreasure Services (India) Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop No. 43 Plot No. 92 To 95 Sector – 15 Maruti Paradise Belapur, Navi Mumbai, Maharashtra, India – 400611
- IndustryFinancial Services, Cash Management Services
To see the full contact details of Transtreasure Services (India) 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
Business activity
The main business activity of Transtreasure Services (India) is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Transtreasure Services (India) Private Limited, buy the company report.
Financials of Transtreasure Services (India) Private Limited
FY 2019 filings availableTranstreasure Services (India) Private Limited reported revenue of ₹128.33 Cr (up 27% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over three years, including 27% growth in the latest year. EBITDA rose 104% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹128.33 Cr | ||||
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| EBITDA | ₹59.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.4 Cr | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | -2.7% | ||||
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| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Transtreasure Services (India) Private Limited, buy the company report.
Board of directors of Transtreasure Services (India) Private Limited
Transtreasure Services (India) has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Perpetual Ignatius Dias | Director | 15 Jun 2019 | 7 Years 4 Months | As last reported |
| Rama Inderjeet Kanojiya | Additional Director | 16 Dec 2019 | 6 Years 10 Months | As last reported |
| Rajiv Bajaj | Irp/Rp/Liquidator | 28 Sep 2023 | 3 Years 1 Months | As last reported |
Auditor
Transtreasure Services (India) Private Limited is audited by SANJAY AMRITLAL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY AMRITLAL & CO | FY 2019 | 115520W |
Shareholding
The shareholding of Transtreasure Services (India) Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Transtreasure Services (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2013 | 10473458 | Jain Sons Finlease Limited | ₹2 Cr | Satisfied |
To see the full charge records of Transtreasure Services (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Transtreasure Services (India) Private Limited has 7 deals on record (2 acquisitions, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2.8 Cr; the latest was in February 2017.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2017 | Acquisition | Undisclosed | Buyer: an individual Seller: Transnational Dredging Company Private L Imited, Syntech International B V, an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Dec 2014 | Rights issue | ₹1.65 Cr | Investors: Syntech International B V, 2 individuals |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: Transnational Dredging Company Private L Imited Seller: Syntech International B V, an individual |
| Mar 2013 | Funding round | ₹1.63 Cr | Investors: Syntech International B V, an individual |
To see the full deal history of Transtreasure Services (India) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Transtreasure Services (India) Private Limited has 13 court cases on record: 4 filed by Transtreasure Services (India), 9 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 1 |
| High courts | 4 | 4 | 0 |
| NCLAT | 3 | 3 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Arbitration matter | Filed against the company by Select Cab People Logistics Pvt Ltd | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Select Cabs People Logistics Private Limited | Disposed |
| Bombay High Court | Court case (CARAP) | Filed against the company by Select Cabs People Logistics Private Limited | Disposed |
| Bombay High Court | Company petition | Filed against the company by Select Cabs People Logistics Pvt.Ltd. | Disposed |
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed against the company by an individual | Pending |
To see the full case history of Transtreasure Services (India) Private 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
No delayed payments to MSME suppliers are on our record for Transtreasure Services (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Transtreasure Services (India) Private Limited has a workforce of 3,283 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Transtreasure Services (India) has 10 GST registrations: 2 active and 8 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECT0187C1ZK | Telangana | Active | 16 Aug 2017 |
| 30AAECT0187C1ZW | Goa | Active | 05 Sep 2017 |
To see the full GST registrations and return filing status of Transtreasure Services (India) Private Limited, buy the company report.
Recent activity
Transtreasure Services (India) Private Limited has 11 board changes on record since 2013: 3 appointments and 8 cessations. The latest: Rajiv Bajaj was appointed as Irp/Rp/Liquidator on 28 Sep 2023.
4 earlier events are in the company report.
Frequently asked questions
Transtreasure Services (India) is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Transtreasure Services (India) is a company under liquidation, formerly operating as a private limited company based in Navi Mumbai, Maharashtra, India. The company works in cash management services, within the financial services industry. It was incorporated on 17 October 2011 and is registered under CIN U93030MH2011PTC223158. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Transtreasure Services (India) has 3 current directors:
- Perpetual Ignatius Dias - Director
- Rama Inderjeet Kanojiya - Additional Director
- Rajiv Bajaj - Irp/Rp/Liquidator
The latest financial statements of Transtreasure Services (India) on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Transtreasure Services (India) is U93030MH2011PTC223158. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Transtreasure Services (India) has no open charges and satisfied charges of ₹2 Cr as per latest MCA filings.
Transtreasure Services (India) has 13 court cases on record: 4 filed by the company and 9 filed against it. 1 is pending. Most are in the district courts.
Transtreasure Services (India) was incorporated on 17 October 2011. It is registered with the Registrar of Companies, Mumbai.
Transtreasure Services (India) has 7 deals on record (2 acquisitions, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2.8 Cr; the latest was in February 2017.
Rajiv Bajaj was appointed as Irp/Rp/Liquidator on 28 Sep 2023. Perpetual Ignatius Dias ceased to be Director on 22 Sep 2022. Rama Inderjeet Kanojiya ceased to be Additional Director on 22 Sep 2022. Transtreasure Services (India) has 11 board changes on record in total.
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