About Thinkvate Technologies Private Limited
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Thinkvate Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2019PTC128870. Its GSTIN is 33AAHCT2921P1Z2 (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Narayanan Sivasankar and Mohan Naveen.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No 37 Ttk Road Cit Colony Alwarpet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.82 Cr. For the same year it recorded a net loss of ₹1.95 Lakh (net margin -1.1%) and EBITDA of ₹9.39 Lakh (EBITDA margin 5.1%).
The company has about 44 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
For more details, the company can be reached via its website thinkvate.in.
Company details
Contact details
Thinkvate Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its website is thinkvate.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 37 Ttk Road Cit Colony Alwarpet, Chennai, Tamil Nadu, India – 600018
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Thinkvate Technologies 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 Thinkvate Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Thinkvate Technologies Private Limited, buy the company report.
Financials of Thinkvate Technologies Private Limited
FY 2022 filings availableThinkvate Technologies Private Limited reported revenue of ₹1.82 Cr for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.82 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹9.39 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.95 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 5.1% | ||
| Net Profit Margin | -1.1% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Thinkvate Technologies Private Limited, buy the company report.
Board of directors of Thinkvate Technologies Private Limited
Thinkvate Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayanan Sivasankar | Director | 23 Apr 2019 | 7 Years 6 Months | Current |
| Suresh Kumar Mishra Also directs: Kiyansh Management Private Limited | Additional Director | 14 Nov 2022 | 3 Years 11 Months | Current |
| Mohan Naveen Also directs: Talous Hawkions Private Limited | Director | 28 Oct 2022 | 3 Years 11 Months | Current |
Peer comparison
Thinkvate Technologies Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lucid Lines Productions Private Limited | ₹1.82 Cr (FY 2023) | 237.0% | New Delhi, Delhi, India | |||
| Billmed Healthcare Private Limited | ₹1.82 Cr (FY 2025) | -70.0% | Coimbatore, Tamil Nadu, India | |||
| Inus Engineering Solutions Private Limited | ₹1.82 Cr (FY 2025) | 851.0% | Ambarnath, Maharashtra, India | |||
| Geo Thom Auto Engineering Private Limited | ₹1.82 Cr (FY 2024) | 31.0% | Navi Mumbai, Maharashtra, India | |||
| E-Scedar India Private Limited | ₹1.82 Cr (FY 2025) | 56.0% | Pune, Maharashtra, India | |||
| Thinkvate Technologies Private Limitedthis company | ₹1.82 Cr (FY 2022) | -₹1.95 Lakh | -1.1% | 44 | Chennai, Tamil Nadu, India | |
| Drife Technologies Private Limited | ₹1.82 Cr (FY 2024) | -4.0% | Durg, Chhattisgarh, India | |||
| Pro-Test Consulting Private Limited | ₹1.82 Cr (FY 2024) | 33.0% | Bangalore, Karnataka, India | |||
| Maccann Engineering Pvt. Ltd. | ₹1.82 Cr (FY 2025) | -20.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Thinkvate Technologies Private Limited, buy the company report.
Auditor
Thinkvate Technologies Private Limited is audited by JANANI for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JANANI | FY 2022 | 232008 |
Shareholding
The shareholding of Thinkvate Technologies Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Thinkvate Technologies Private Limited, buy the company report.
Legal cases
Thinkvate Technologies Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by individuals | Pending |
To see the full case history of Thinkvate Technologies 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 Thinkvate Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Thinkvate Technologies Private Limited has a workforce of 44 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Thinkvate Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCT2921P1Z2 | Tamil Nadu | Active | 11 Apr 2022 |
To see the full GST registrations and return filing status of Thinkvate Technologies Private Limited, buy the company report.
Recent activity
Thinkvate Technologies Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Suresh Kumar Mishra was appointed as Additional Director on 14 Nov 2022.
Frequently asked questions
Thinkvate Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 23 April 2019 (7+ years old) and is registered under CIN U72200TN2019PTC128870.
Thinkvate Technologies has 3 current directors:
- Narayanan Sivasankar - Director
- Suresh Kumar Mishra - Additional Director
- Mohan Naveen - Director
The latest financial statements of Thinkvate Technologies on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Thinkvate Technologies is 33AAHCT2921P1Z2, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Thinkvate Technologies is U72200TN2019PTC128870. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thinkvate Technologies has 1 court case on record: 1 filed against it. 1 is pending.
Thinkvate Technologies was incorporated on 23 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Thinkvate Technologies by revenue are Lucid Lines Productions Private Limited, Billmed Healthcare Private Limited, Inus Engineering Solutions Private Limited, Geo Thom Auto Engineering Private Limited, E-Scedar India Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Suresh Kumar Mishra was appointed as Additional Director on 14 Nov 2022. Mohan Naveen was appointed as Director on 28 Oct 2022. Rakesh Thakur ceased to be Director on 28 Oct 2022. Thinkvate Technologies has 4 board changes on record in total.
Thinkvate Technologies can be reached through the website thinkvate.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Thinkvate Technologies is at No 37 Ttk Road Cit Colony Alwarpet, Chennai, Tamil Nadu, India – 600018.