MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-08-0004562
Third Wave Services Private Limited - engineering in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹86.6 Cr
▲ 67% YoY
Net profit · FY 2024
₹16.06 Cr
Net margin 18.5%
EBITDA · FY 2024
₹29.28 Cr
EBITDA margin 33.8%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹18.21 Lakh
Issued & subscribed
Open charges
₹132.51 Cr
Satisfied ₹12.16 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
182
Provident fund records
About Third Wave Services Private Limited
Data last updated:
Third Wave Services Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 27 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74220DL1999PTC100861. Its GSTIN is 07AABCT3575F1ZC (Delhi). The company holds 23 GST registrations, of which 21 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹18.21 Lakh. It is led by directors including Ravinder Arora and Anil Kapoor.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 123 – Bcentral Avenue Sainik Farms, New Delhi, Delhi, India – 110062.
As per the financials filed for FY 2024, the company reported a revenue of ₹86.6 Cr, a growth of 67% compared to the previous year. For the same year it recorded a net profit of ₹16.06 Cr (net margin 18.5%) and EBITDA of ₹29.28 Cr (EBITDA margin 33.8%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years and 17% over five years.
The company has about 182 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹132.51 Cr and satisfied charges of ₹12.16 Cr on record. Court records list 39 cases involving the company, including 12 filed by the company and 27 filed against it; 9 cases are pending.
Third Wave Services Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0004562). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thirdwaveservices.com.
Company details
CIN U74220DL1999PTC100861
Registration Number 100861
Incorporation Date 27 July 1999
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-08-0004562
Recognitions & Rankings of Third Wave Services
Contact details
Third Wave Services Private Limited's registered office is in New Delhi, Delhi. Its website is thirdwaveservices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address123 – Bcentral Avenue Sainik Farms, New Delhi, Delhi, India – 110062
- IndustryEngineering, Industrial Maintenance & Repair Services
To see the full contact details of Third Wave Services Private Limited, buy the company report.
Comprehensive company report
Third Wave Services Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Third Wave Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Third Wave Services Private Limited, buy the company report.
Financials of Third Wave Services Private Limited
FY 2024 filings availableThird Wave Services Private Limited reported revenue of ₹86.6 Cr (up 67% YoY) for FY 2024.
Revenue · FY 2024
₹86.6 Cr ▲ 67%
Net profit · FY 2024
₹16.06 Cr margin 18.5%
EBITDA · FY 2024
₹29.28 Cr margin 33.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 67%
3 years · compounded
▲ 69%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 244%
3 years · compounded
▲ 75%
5 years · compounded
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 67% growth in the latest year. EBITDA rose 244% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹29.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.06 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.8% | ||||
| Net Profit Margin | 18.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Third Wave Services Private Limited, buy the company report.
Board of directors of Third Wave Services Private Limited
Third Wave Services has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravinder Arora | Director | 01 Jan 2010 | 16 Years 10 Months | Current |
| Anil Kapoor | Director | 01 Sep 2000 | 26 Years 2 Months | Current |
| Pankaj Kapoor | Director | 13 Apr 2006 | 20 Years 6 Months | Current |
| Manju Kapoor | Director | 13 Apr 2006 | 20 Years 6 Months | Current |
| Vaibhav Kapoor | Director | 13 Apr 2006 | 20 Years 6 Months | Current |
| Varun Kapoor | Director | 20 Mar 2002 | 24 Years 7 Months | Current |
Auditor
Third Wave Services Private Limited is audited by GAMS & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAMS & Associates LLP | FY 2023 | N500094 |
Shareholding
The shareholding of Third Wave Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Third Wave Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹132.51 Cr
Satisfied charges
₹12.16 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2025 | 101164653 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 27 Jun 2025 | 101134985 | Others | ₹4.99 Cr | Open | |
| 24 Jun 2025 | 101125823 | Others | ₹13 Cr | Open | |
| 09 May 2025 | 101100938 | Others | ₹26.55 Lakh | Open | |
| 28 Mar 2025 | 101118585 | Others | ₹34.42 Lakh | Open |
To see the full charge records of Third Wave Services Private Limited, buy the company report.
Total charge records: 59 View all charges
Legal cases
Third Wave Services Private Limited has 39 court cases on record: 12 filed by Third Wave Services, 27 filed against it. 9 cases are pending and 30 are disposed.
Total cases
39
Filed by the company
12
Filed against the company
27
Pending
9
Disposed
30
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 17 | 3 |
| High courts | 12 | 8 | 6 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Selene Constructions Ltd & Anr. | Disposed |
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed by the company against M/S Selene Constructions Limited & Anr. | Disposed |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against M/S Selene Constructions Limited & Anr. | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against Ms Jaipuria Infrastructure Developers P.Ltd. | Disposed |
| High Court of Delhi | Court case (CRL.M.C.) | Filed against the company by an individual | Pending |
To see the full case history of Third Wave Services 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 Third Wave Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Third Wave Services Private Limited has a workforce of 182 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
182
Active EPFO establishments
1
Employee growth
14.47%
GST
Third Wave Services has 23 GST registrations: 21 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
23
Active
21
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCT3575F1ZC | Delhi | Active | 01 Jul 2017 |
| 06AABCT3575F1ZE | Haryana | Active | 01 Jul 2017 |
| 08AABCT3575F1ZA | Rajasthan | Active | 01 Jul 2017 |
| 09AABCT3575F2Z7 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Third Wave Services Private Limited, buy the company report.
Recent activity
Third Wave Services Private Limited has 10 board changes on record since 2000: 6 appointments and 4 cessations. The latest: Naresh Kumar Sharma ceased to be Director on 02 Jun 2021.
Charges
A charge with Others of Rs. 1,300.00 Lakh registered on 24 Jun 2025 with Charge ID 101125823 was modified on 10 Dec 2025.
Charges
A charge with Others of Rs. 2,527.10 Lakh registered on 28 Sep 2019 with Charge ID 100302264 was modified on 10 Dec 2025.
AGM
Third Wave Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 1,500.00 Lakh registered on 27 Sep 2025 with Charge ID 101164653 was modified on 30 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,500.00 Lakh with Charge ID 101164653 was registered on 27 Sep 2025.
Charges
A charge with Others amounted to Rs. 499.27 Lakh with Charge ID 101134985 was registered on 27 Jun 2025.
Charges
A charge with Others amounted to Rs. 1,300.00 Lakh with Charge ID 101125823 was registered on 24 Jun 2025.
Charges
A charge with Others amounted to Rs. 26.55 Lakh with Charge ID 101100938 was registered on 09 May 2025.
Charges
A charge with Others amounted to Rs. 34.42 Lakh with Charge ID 101118585 was registered on 28 Mar 2025.
Charges
A charge with Others of Rs. 950.00 Lakh registered on 04 Dec 2024 with Charge ID 101021101 was modified on 13 Dec 2024.
Charges
A charge with Others amounted to Rs. 950.00 Lakh with Charge ID 101021101 was registered on 04 Dec 2024.
Charges
A charge with Others amounted to Rs. 38.71 Lakh with Charge ID 101005097 was registered on 16 Nov 2024.
76 earlier events are in the company report.
Frequently asked questions
Third Wave Services is an active private limited company based in New Delhi, Delhi, India. The company works in industrial maintenance and repair services, within the engineering industry. It was incorporated on 27 July 1999 (27+ years old) and is registered under CIN U74220DL1999PTC100861.
Third Wave Services has 6 current directors:
- Ravinder Arora - Director
- Anil Kapoor - Director
- Pankaj Kapoor - Director
- Manju Kapoor - Director
- Vaibhav Kapoor - Director
- Varun Kapoor - Director
The latest financial statements of Third Wave Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Third Wave Services is 07AABCT3575F1ZC, registered in Delhi. The company has 23 GST registrations in all, of which 21 are active and 2 are cancelled or inactive. Other active GSTINs include 06AABCT3575F1ZE (Haryana), 08AABCT3575F1ZA (Rajasthan), 09AABCT3575F2Z7 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Third Wave Services is U74220DL1999PTC100861. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Third Wave Services has 39 court cases on record: 12 filed by the company and 27 filed against it. 9 are pending. Most are in the district courts.
Third Wave Services was incorporated on 27 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
Naresh Kumar Sharma ceased to be Director on 02 Jun 2021. Dinesh Manchanda ceased to be Director on 23 May 2021. Ravinder Arora ceased to be Director on 30 Sep 2010. Third Wave Services has 10 board changes on record in total.
Yes, Third Wave Services is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-08-0004562).
Third Wave Services can be reached through the website thirdwaveservices.com. Its registered office is in New Delhi, Delhi, India.
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