Tiecicon Private Limited
About Tiecicon Private Limited
Data last updated:
Tiecicon Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT services segment of the services sector. It was incorporated on 05 September 1963 and has been in existence for over 63 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70101MH1963PTC012718. Its GSTIN is 27AAACT1559N2ZX (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹95 Lakh and a paid-up capital of ₹92.31 Lakh. It is led by directors including Janhavi Sitaram Desai and Arundhati Ashok Walavalkar.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Tiecicon House Dr. E Moses Road, Mumbai, Maharashtra, India – 400011.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.02 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.78 Lakh (net margin -38.5%) and EBITDA of -₹4.86 Lakh (EBITDA margin -32.4%). Revenue has grown at a compounded annual rate (CAGR) of 102% over three years and 10% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History
Tiecicon has one previous CIN (Corporate Identification Number): U70101MH2004PTC012718. The current CIN is U70101MH1963PTC012718, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101MH1963PTC012718 | Current |
| U70101MH2004PTC012718 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressTiecicon House Dr. E Moses Road, Mumbai, Maharashtra, India – 400011
- IndustryService, Information Technology Services
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Tiecicon is real estate activities. In detail, this covers real estate activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Tiecicon Private Limited
FY 2025 filings availableTiecicon Private Limited reported revenue of ₹15.02 Lakh (up 378% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 378% growth in the latest year. EBITDA rose 61% 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 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | -₹4.86 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹5.78 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -32.4% | |
| Net Profit Margin | -38.5% | |
| 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 | •••• | |
| Payable Days | •••• | |
| Inventory Days | •••• | |
| Revenue Growth | •••• | |
| Net Profit Growth | •••• | |
Paid data: the figures shown as dots, and every line for FY 2019-20 to FY 2022-23, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Tiecicon are in the company report.
: available in the company report
Board of Directors of Tiecicon Private Limited
Tiecicon has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Janhavi Sitaram Desai | Director | 30 Jul 2014 | 12 Years 2 Months | Current |
| Arundhati Ashok Walavalkar | Director | 07 Nov 1988 | 37 Years 11 Months | Current |
| Subhash Narhari Samant | Director | 07 Nov 1988 | 37 Years 11 Months | Current |
| Rupa Bhaskar Khanolkar | Director | 10 Feb 2023 | 3 Years 8 Months | Current |
Peer Comparison
Tiecicon Private Limited is compared with the companies closest to it by revenue in the same principal business activity (real estate activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Birla Infrastructure and Constructions Private Limited | ₹15.03 Lakh (FY 2024) | •••• | •••• | 20.0% | •••• | Mumbai, Maharashtra, India |
| Independent Infra Projects Private Limited | ₹15.03 Lakh (FY 2025) | •••• | •••• | 50847.0% | •••• | New Delhi, Delhi, India |
| Saavy Trade-Invest Private Limited | ₹15.02 Lakh (FY 2024) | •••• | •••• | -43.0% | •••• | Mumbai, Maharashtra, India |
| Nice Estates Private Limited | ₹15.02 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Smartvision Infracon Private Limited | ₹15.02 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Mathura, Uttar Pradesh, India |
| Tiecicon Private Limited this company | ₹15.02 Lakh (FY 2024) | •••• | •••• | 378.0% | •••• | Mumbai, Maharashtra, India |
| Waltz Properties Private Limited | ₹15.01 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Top Town Land and Properties Private Limited | ₹15.01 Lakh (FY 2024) | •••• | •••• | -34.0% | •••• | Delhi, India |
| Antara Properties Private Limited | ₹15 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Nishit Properties & Land Developers Private Limited | ₹15 Lakh (FY 2025) | •••• | •••• | -50.0% | •••• | Mumbai, Maharashtra, India |
| R. S. V. Farms Private Limited | ₹15 Lakh (FY 2025) | •••• | •••• | 25.0% | •••• | New Delhi, Delhi, India |
Peers are the companies nearest to Tiecicon by revenue, above and below it, in the same principal business activity (real estate activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Tiecicon Private Limited is audited by Kulkarni & Khanolkar for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kulkarni & Khanolkar | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Tiecicon Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases
Tiecicon Private Limited has 8 court cases on record: 4 filed by Tiecicon, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 0 |
| District courts | 3 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company against Taurian Iron and Steel Company Private Limited and the Official Liquidator High Court (Add. Respond | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Appeal | Filed by the company against Ms Solid Containers Ltd | Disposed |
| Bombay High Court | Appeal | Filed by the company against M/S. Solid Containers Ltd. | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Appeal | Filed against the company by Ms Solid Contrainers Ltd. | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (TER) | Filed by the company against Solid Containder Ltd. | Disposed |
: available in 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.
Employees and EPFO Compliance
Tiecicon Private Limited has a workforce of 2 employees as of Apr 02, 2024.
: available in the company report
Recent Activity
Tiecicon Private Limited has 6 board changes on record since 1988: 5 appointments and 1 cessation. The latest: Rupa Bhaskar Khanolkar was appointed as Director on 10 Feb 2023.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Tiecicon has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT1559N2ZX | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Tiecicon is an active private limited company based in Mumbai, Maharashtra, India. The company works in information technology services, within the service industry. It was incorporated on 05 September 1963 (63+ years old) and is registered under CIN U70101MH1963PTC012718.
Tiecicon has 4 current directors:
- Janhavi Sitaram Desai - Director
- Arundhati Ashok Walavalkar - Director
- Subhash Narhari Samant - Director
- Rupa Bhaskar Khanolkar - Director
The latest financial statements of Tiecicon on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tiecicon is 27AAACT1559N2ZX, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Tiecicon is U70101MH1963PTC012718. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tiecicon has 8 court cases on record: 4 filed by the company and 4 filed against it. Most are in the high courts.
Tiecicon was incorporated on 05 September 1963, making it 63+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Tiecicon by revenue are Birla Infrastructure and Constructions Private Limited, Independent Infra Projects Private Limited, Saavy Trade-Invest Private Limited, Nice Estates Private Limited, Smartvision Infracon Private Limited and 5 more, all in the same principal business activity (real estate activities).
Rupa Bhaskar Khanolkar was appointed as Director on 10 Feb 2023. Mohan Narhari Samant ceased to be Director on 10 Dec 2022. Janhavi Sitaram Desai was appointed as Director on 30 Jul 2014. Tiecicon has 6 board changes on record in total.
The registered office of Tiecicon is at Tiecicon House Dr. E Moses Road, Mumbai, Maharashtra, India – 400011.
Tiecicon operates in the service industry, in the information technology services segment.