Transit Electronics Profile
Key Indicators
- Authorised Capital ₹ 5.25 Cr
- Paid Up Capital ₹ 3.75 Cr
- Company Age 28 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 23.11 Cr
- Revenue Growth 152.12%
- Profit Growth 223.30%
- Ebitda 211.52%
- Net Worth 29.58%
- Total Assets 73.51%
About Transit Electronics
Transit Electronics Limited (TEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 October 1996 and has a history of 28 years and three months. Its registered office is in Surat, Gujarat, India.
The Corporate was formerly known as Transit Electronics Private Limited. The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.25 Cr and a paid-up capital of Rs 3.75 Cr.
The company currently has active open charges totaling ₹23.11 Cr.
The Key Managerial Personnel (KMP) at Transit Electronics Limited India is Montu Lakdawala as CFO. Neha Dasadia, Dipesh Dasadia, Kalpesh Shah, and One other member serve as directors at the Company.
Company Details
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Location
Surat, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U30009GJ1996PLC030950
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Company No.
030950
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
17 Oct 1996
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Transit Electronics Limited offer?
Transit Electronics Limited offers a wide range of products and services, including Automatic Gate, Business Planning and Management, Business Consultant, VFD, PLC, HMI & Control Equipments, Industrial Automation Systems.
Who are the key members and board of directors at Transit Electronics?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dipesh Dasadia
|
Managing Director | 17-Oct-1996 | Current |
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Montu Lakdawala
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CFO | 04-Mar-2017 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Neha Dasadia
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Whole-Time Director | 29-Aug-2016 | Current |
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Kalpesh Shah
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Whole-Time Director | 17-Oct-1996 | Current |
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Kamlesh Marviya
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Whole-Time Director | 08-Feb-2013 | Current |
Financial Performance of Transit Electronics.
Transit Electronics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 152.12% increase. The company also saw a substantial improvement in profitability, with a 223.3% increase in profit. The company's net worth Soared by an impressive increase of 29.58%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Transit Electronics?
In 2023, Transit Electronics had a promoter holding of 59.98% and a public holding of 40.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Transit Geo System Integrators Private LimitedDipesh Dasadia, Kalpesh Shah and 1 more are mutual person
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Transweb Security Systems LlpNeha Dasadia is a mutual person
Charges (Loans)
₹23.11 Cr
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 23.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 2021 | Hdfc Bank Limited | ₹0.45 M | Open |
| 15 Mar 2017 | Hdfc Bank Limited | ₹1.80 M | Open |
| 30 Sep 2016 | Hdfc Bank Limited | ₹0.84 M | Open |
| 10 Jul 2014 | Hdfc Bank Limited | ₹22.80 Cr | Open |
How Many Employees Work at Transit Electronics?
Unlock and access historical data on people associated with Transit Electronics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Transit Electronics, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Transit Electronics's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
