Power Equipment • Transformer manufacturing

Tesla Power Equipments and Projects Limited makes, supplies, erects, tests and commissions transformers. Its range covers power transformers, distribution transformers, dry type transformers and multi winding inverter duty transformers (IDTs) used in solar and wind power projects. It also builds special and customised units up to 20 MVA in the 33 kV class. The company was incorporated on 12 March 2004 as India-Bio Fuels Private Limited. It became Tesla Power Equipments and Projects Private Limited on 21 September 2005 and turned into a public limited company on 24 January 2025. It began making transformers on 24 October 2016. The head office is in Govindpura, Bhopal. According to the company website, it has two plants in Madhya Pradesh. The Govindpura unit in Bhopal covers 5,206.26 square meters and is the headquarters and main factory. The Mandideep unit in Raisen district covers 16,794.45 square meters and is about 30 km from Bhopal. Together they have an installed capacity of 8,000 MVA a year. The company says it sells through 10 regional offices across India and holds ISO 9001, 14001 and OHSAS 18001 certifications. The company was set up by Mr. Jaideep Jain, who is Chairman and Managing Director and a promoter. He is also the promoter of Tesla Transformers (India) Limited, a separate company. Mrs. Ritu Jain is a promoter and Whole-Time Director. The board also has three independent directors. The company's NABL/ILAC accredited testing facility sits at its sister company, Tesla Transformers (India) Limited. We could not read audited financial statements for this company from its own website or from an exchange or regulator filing, so no revenue or profit figures are shown here. The company has not announced an IPO on its website. Shares of a company like this are dealt off-market between buyers and sellers. The indicative price on this page is ₹1625 per share and the implied market cap is about ₹1,103.99 crore. These are indicative figures, not exchange prices.
Unlisted companies closest in market cap.
Largest unlisted companies by implied market cap.
Data refreshed 09 Nov 2026, 12:30 am IST.