About Thetawave Services Private Limited
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Thetawave Services Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It was incorporated on 12 January 2017.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U68100TG2017PTC114008. Its GSTIN is 36AAGCT0805R1ZY (Telangana).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Bharat Reddy Avula and Jyothsna Pannala.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at E – 7 Rolling Hills Gachibowli, Hyderabad, Telangana, India – 500032.
As per the financials filed for FY 2023, the company reported a revenue of ₹19 Lakh. For the same year it recorded a net profit of ₹6.16 Lakh (net margin 32.4%) and EBITDA of ₹16.63 Lakh (EBITDA margin 87.5%). Revenue has grown at a compounded annual rate (CAGR) of 558% over three years and 4% over five years.
The company was associated with 1 brand: Thetawave.
The last known website on record is thetawave.in.
Company details
CIN history
Thetawave Services has one previous CIN (Corporate Identification Number): U74999TG2017PTC114008. The current CIN is U68100TG2017PTC114008, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68100TG2017PTC114008 | Current |
| U74999TG2017PTC114008 | Previous |
Contact details
Thetawave Services Private Limited's registered office is in Hyderabad, Telangana. Its website is thetawave.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE – 7 Rolling Hills Gachibowli, Hyderabad, Telangana, India – 500032
To see the full contact details of Thetawave Services 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
Brands
Thetawave Services operates one associated brand: Thetawave. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides business strategy and technology services for organizational growth. | thetawave.in |
Business activity
The main business activity of Thetawave Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Thetawave Services Private Limited, buy the company report.
Financials of Thetawave Services Private Limited
FY 2023 filings availableThetawave Services Private Limited reported revenue of ₹19 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years. EBITDA fell 6% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹16.63 Lakh | ||||
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| Net Profit (PAT) | ₹6.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 87.5% | ||||
| Net Profit Margin | 32.4% | ||||
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To see the full financial statements and ratios of Thetawave Services Private Limited, buy the company report.
Board of directors of Thetawave Services Private Limited
Thetawave Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Reddy Avula | Director | 12 Jan 2017 | 9 Years 9 Months | As last reported |
| Jyothsna Pannala | Director | 14 May 2018 | 8 Years 5 Months | As last reported |
Peer comparison
Thetawave Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Clouds13 IT Consulting Private Limited | ₹19.02 Lakh (FY 2023) | Ghaziabad, Uttar Pradesh, India | ||||
| Atdrive Infotech Hyd Private Limited | ₹19.01 Lakh (FY 2025) | 3.0% | Noida, Uttar Pradesh, India | |||
| Intersol Technologies Private Limited | ₹19.01 Lakh (FY 2018) | -45.0% | Ps Laheriasarai, Bihar, India | |||
| Rudrai Tech Private Limited | ₹19.01 Lakh (FY 2025) | 5.0% | Pune, Maharashtra, India | |||
| Mfanzie Software Private Limited | ₹19.01 Lakh (FY 2022) | 11.0% | Hyderabad, Telangana, India | |||
| Thetawave Services Private Limitedthis company | ₹19 Lakh (FY 2023) | ₹6.16 Lakh | 32.4% | Hyderabad, Telangana, India | ||
| Imperial Studios Private Limited | ₹19 Lakh (FY 2025) | 12.0% | Ghaziabad, Uttar Pradesh, India | |||
| Megrez Pharmaceuticals & Chemicals Private Limited | ₹19 Lakh (FY 2025) | 1.0% | Noida, Uttar Pradesh, India | |||
| Rover Media Private Limited | ₹19 Lakh (FY 2025) | Kasaragod, Kerala, India | ||||
| Techaways Consulting (OPC) Private Limited | ₹18.99 Lakh (FY 2025) | 173.0% | Mumbai, Maharashtra, India | |||
| Profit Digital Services Private Limited | ₹18.99 Lakh (FY 2025) | 2.0% | Delhi, India |
To see the full peer comparison of Thetawave Services Private Limited, buy the company report.
Auditor
Thetawave Services Private Limited is audited by B D SABOO & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B D SABOO & ASSOCIATES | FY 2019 | 003505S |
Shareholding
The shareholding of Thetawave Services Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Thetawave Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Thetawave Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Thetawave Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Thetawave Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAGCT0805R1ZY | Telangana | Active | 11 Sep 2018 |
To see the full GST registrations and return filing status of Thetawave Services Private Limited, buy the company report.
Recent activity
Thetawave Services Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Seetha Reddy Avula ceased to be Director on 12 Jun 2021.
Frequently asked questions
Thetawave Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Thetawave Services was a private limited company based in Hyderabad, Telangana, India. It was incorporated on 12 January 2017 and is registered under CIN U68100TG2017PTC114008. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Thetawave Services was incorporated on 12 January 2017. It is registered with the Registrar of Companies, Hyderabad.
Thetawave Services had 2 directors:
- Bharat Reddy Avula - Director
- Jyothsna Pannala - Director
The CIN (Corporate Identification Number) of Thetawave Services is U68100TG2017PTC114008. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Thetawave Services is at E – 7 Rolling Hills Gachibowli, Hyderabad, Telangana, India – 500032.
Thetawave Services can be reached through the website thetawave.in. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Thetawave Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Thetawave Services is 36AAGCT0805R1ZY, registered in Telangana.
The peers of Thetawave Services by revenue are Clouds13 IT Consulting Private Limited, Atdrive Infotech Hyd Private Limited, Intersol Technologies Private Limited, Rudrai Tech Private Limited, Mfanzie Software Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Seetha Reddy Avula ceased to be Director on 12 Jun 2021. Jyothsna Pannala ceased to be Additional Director on 30 Sep 2018. Jyothsna Pannala was appointed as Director on 14 May 2018. Thetawave Services has 4 board changes on record in total.
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