About Indian Transformers Company Limited
Data last updated:
Indian Transformers Company Limited is a public limited company based in Mumbai, Maharashtra, India. 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 power equipment manufacturers segment of the energy and power sector. It was incorporated on 08 August 1997.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31102MH1997PLC109955. Its GSTIN is 27AABCI0072N3ZG (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10.5 Cr and a paid-up capital of ₹10.42 Cr. It is led by directors including Keshavdas Gautam Dave (Whole-Time Director) and Chandrakant Krishnakant Dave.
Its last annual general meeting (AGM) was held on 30 September 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office is at Office No. 409 Shri Ramwadi J P Road Near Dhake Colony Andheri West, Mumbai, Maharashtra, India – 400058.
As per MCA filings, the company has open charges of ₹55.15 Cr on record. Court records list 13 cases involving the company, including 6 filed by the company and 7 filed against it; 1 case is pending. The company has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹5.42 Cr; the latest was in March 2016.
The last known website on record is indian-transformers.com.
Company details
CIN history
Indian Transformers Company has one previous CIN (Corporate Identification Number): U31102MH1997PTC109955. The current CIN is U31102MH1997PLC109955, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31102MH1997PLC109955 | Current |
| U31102MH1997PTC109955 | Previous |
Contact details
Indian Transformers Company Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressOffice No. 409 Shri Ramwadi J P Road Near Dhake Colony Andheri West, Mumbai, Maharashtra, India – 400058
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
Financials of Indian Transformers Company Limited
FY 2014 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Indian Transformers Company Limited, buy the company report.
Board of directors of Indian Transformers Company Limited
Indian Transformers Company has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrakant Krishnakant Dave | Director | 11 Aug 1997 | 29 Years 2 Months | As last reported |
| Haridas Gautam Dave | Director | 15 Dec 2009 | 16 Years 10 Months | As last reported |
| Keshavdas Gautam Dave | Whole-Time Director | 30 Dec 2004 | 21 Years 9 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2011 | 10273563 | Union Bank of India | ₹3 Cr | Open | |
| 01 Sep 2010 | 10243948 | Indian Bank | ₹9.45 Cr | Open | |
| 28 Apr 2009 | 10161458 | Indian Bank | ₹9.45 Cr | Open | |
| 27 May 2002 | 90147947 | Union Bank of India | ₹30.5 Cr | Open | |
| 27 May 2002 | 90143935 | Union Bank of India | ₹2.75 Cr | Open |
To see the full charge records of Indian Transformers Company Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Indian Transformers Company Limited has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹5.42 Cr; the latest was in March 2016.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Funding round | ₹3.46 Cr | Investors: 3 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Optikal Instrument Private Limited, an individual Seller: 3 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Optikal Instrument Private Limited, an individual |
| Nov 2009 | Funding round | ₹61.9 Lakh | Investors: 3 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Optikal Instrument Private Limited, 2 individuals Seller: G I Industries (K.G Group), 2 individuals |
To see the full deal history of Indian Transformers Company 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
Indian Transformers Company Limited has 13 court cases on record: 6 filed by Indian Transformers Company, 7 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 0 |
| High courts | 6 | 1 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Arbitration matter | Filed by the company against Mohan Energy Corporation Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by M-S. Columbia Petro Chem Pvt. Ltd. | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Gujarat Energy Transmission Corporation Ltd (Getco) and 1 other | Disposed |
| High Court, GUJARAT | Appeal | Filed by the company against Gujarat Energy Transmission Corporation Ltd (Getco) and 1 other | Disposed |
| Supreme Court | Court case (1008-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Appeals u/s 15 Z of Securities and Exchange Board of India Act, 1992.) | Filed against the company by an individual | Pending |
To see the full case history of Indian Transformers Company 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 Indian Transformers Company Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indian Transformers Company has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI0072N3ZG | Maharashtra | Active | 23 Nov 2021 |
To see the full GST registrations and return filing status of Indian Transformers Company Limited, buy the company report.
Recent activity
Indian Transformers Company Limited has 5 board changes on record since 1997: 3 appointments and 2 cessations. The latest: Gautam Krishnakant Dave ceased to be Managing Director on 10 Jun 2013.
4 earlier events are in the company report.
Frequently asked questions
Indian Transformers Company 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.
Indian Transformers Company is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 08 August 1997 and is registered under CIN U31102MH1997PLC109955. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Indian Transformers Company has 3 current directors:
- Keshavdas Gautam Dave - Whole-Time Director
- Chandrakant Krishnakant Dave - Director
- Haridas Gautam Dave - Director
The latest financial statements of Indian Transformers Company on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 30 September 2014. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Indian Transformers Company is U31102MH1997PLC109955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Transformers Company has open charges of ₹55.15 Cr and no satisfied charges on record as per latest MCA filings.
Indian Transformers Company has 13 court cases on record: 6 filed by the company and 7 filed against it. 1 is pending. Most are in the district courts.
Indian Transformers Company was incorporated on 08 August 1997. It is registered with the Registrar of Companies, Mumbai.
Indian Transformers Company has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹5.42 Cr; the latest was in March 2016.
Gautam Krishnakant Dave ceased to be Managing Director on 10 Jun 2013. Haridas Gautam Dave was appointed as Director on 15 Dec 2009. Haridas Gautam Dave ceased to be Whole-Time Director on 01 Dec 2008. Indian Transformers Company has 5 board changes on record in total.