MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0008639
Thalassa Enterprises Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹14.3 Cr
▲ 1790% YoY
Net loss · FY 2022
₹29.43 Lakh
Net margin -2.1%
EBITDA · FY 2022
-₹23.45 Lakh
EBITDA margin -1.6%
Authorised capital
₹20.75 Cr
Registered with MCA
Paid-up capital
₹18.08 Cr
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
6
As per MCA filings
Active GSTINs
4
of 5 registered
About Thalassa Enterprises Limited
Data last updated:
Thalassa Enterprises Limited is a public limited company based in Hyderabad, Telangana, India, a subsidiary of Stampede Capital Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2011PLC078172. Its GSTIN is 36AAQCS7563M1ZE (Telangana). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹20.75 Cr and a paid-up capital of ₹18.08 Cr. It was formerly known as Stampede Enterprises India Private Limited and Stampede Cloud Services Private Limited. It is led by directors including Avinash Karingam (Managing Director) and Dasigi Venkata Surya Prakash Rao.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sy No66/2 Street No.03 Rai Durgam Prashanth Hills Gachi Bowli Nav Khalsa Serilingampally, Hyderabad, Telangana, India – 500008.
As per the financials filed for FY 2022, the company reported a revenue of ₹14.3 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹29.43 Lakh (net margin -2.1%) and EBITDA of -₹23.45 Lakh (EBITDA margin -1.6%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 29% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
Thalassa Enterprises Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0008639). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stampedecap.com.
Company Details of Thalassa Enterprises Limited
CIN U72200TG2011PLC078172
Registration Number 078172
Incorporation Date 22 December 2011
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Stampede Capital Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-02-0008639
Name History of Thalassa Enterprises Limited
Thalassa Enterprises has undergone 3 name changes throughout its history. The company was previously known as Stampede Enterprises India Private Limited, Stampede Cloud Services Private Limited, and Kling Cloud Services Private Limited. The current legal name is Thalassa Enterprises Limited.
| Company Name | Status |
|---|---|
| Thalassa Enterprises Limited | Current |
| Stampede Enterprises India Private Limited | Previous |
| Stampede Cloud Services Private Limited | Previous |
| Kling Cloud Services Private Limited | Previous |
CIN History of Thalassa Enterprises Limited
Thalassa Enterprises has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72200TG2011PLC078172, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2011PLC078172 | Current |
| U72200TG2011PTC078172 | Previous |
| U72200AP2011PTC078172 | Previous |
Key People
Avinash Karingam Managing Director Dasigi Venkata Surya Prakash Rao Director Deenadayal Tripurasetty Director Recognitions & Rankings of Thalassa Enterprises
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSy No66/2 Street No.03 Rai Durgam Prashanth Hills Gachi Bowli Nav Khalsa Serilingampally, Hyderabad, Telangana, India – 500008
- IndustryInformation Technology, IT Consulting & Support Services
Comprehensive company report
Thalassa Enterprises Limited - one report that includes everything
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Financials of Thalassa Enterprises Limited FY 2025 filings available
Thalassa Enterprises Limited reported revenue of ₹14.3 Cr (up 1790% YoY) for FY 2022.
Revenue · FY 2022
₹14.3 Cr ▲ 1790%
Net loss · FY 2022
₹29.43 Lakh margin -2.1%
EBITDA · FY 2022
-₹23.45 Lakh margin -1.6%
Compounded Annual Growth Rate (CAGR) of Thalassa Enterprises Limited
Revenue CAGR growth
3 years · compounded
▼ 43%
5 years · compounded
▼ 29%
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years. 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 of Thalassa Enterprises Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹14.3 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹23.45 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹29.43 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 of Thalassa Enterprises Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots 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 Thalassa Enterprises are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Thalassa Enterprises Limited
Thalassa Enterprises has 6 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dasigi Venkata Surya Prakash Rao Also directs: Spacenet Enterprises India Limited | Director | 04 Dec 2020 | 5 Years 10 Months | Current |
| Deenadayal Tripurasetty | Director | 18 Aug 2023 | 3 Years 2 Months | Current |
| Korpu Venkata Kali Kanaka Durga | Director | 04 Apr 2022 | 4 Years 6 Months | Current |
| Suresh Tammineedi | Director | 04 Dec 2020 | 5 Years 10 Months | Current |
| Avinash Karingam Also directs: Ishvara Karing Research LLP, String AI Ifsc Private Limited | Managing Director | 12 Jun 2023 | 3 Years 4 Months | Current |
| Venkata Krishnayya Nekkanti Also directs: String AI Ifsc Private Limited | Director | 18 Aug 2023 | 3 Years 2 Months | Current |
Auditor Details of Thalassa Enterprises Limited
Thalassa Enterprises Limited is audited by NAVITHA AND ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NAVITHA AND ASSOCIATES | Locked | Locked | Locked |
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Ownership and Shareholding of Thalassa Enterprises Limited
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Charges & Borrowings of Thalassa Enterprises Limited
Thalassa Enterprises Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Thalassa Enterprises Limited
Thalassa Enterprises Limited has 2 court cases on record: 2 filed by Thalassa Enterprises. All cases are disposed. Status as checked between 21 Sep 2026 and 30 Sep 2026.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed by the company against Union of India | Disposed |
| High Court for State of Telangana | Writ petition | Filed by the company against State Bank of India | Disposed |
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Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 at Thalassa Enterprises Limited
Employment history and EPFO contributions of people linked to Thalassa Enterprises.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Thalassa Enterprises Limited
Thalassa Enterprises Limited has 22 board changes on record since 2012: 6 appointments and 16 cessations. The latest: Chowda Medam Reddy ceased to be Company Secretary on 11 Nov 2024.
AGM
Thalassa Enterprises Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Thalassa Enterprises Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Ceased
Chowda Medam Reddy ceased to be Company Secretary.
Ceased
Deenadayal Tripurasetty ceased to be Additional Director.
Ceased
Venkata Krishnayya Nekkanti ceased to be Additional Director.
Appointed
Deenadayal Tripurasetty was appointed as Director.
Appointed
Venkata Krishnayya Nekkanti was appointed as Director.
Appointed
Avinash Karingam was appointed as Managing Director.
Ceased
Chukka Siva Satya Srinivas ceased to be Additional Director.
Ceased
Korpu Venkata Kali Kanaka Durga ceased to be Additional Director.
Appointed
Korpu Venkata Kali Kanaka Durga was appointed as Director.
Ceased
Dasi Emmanuel ceased to be Additional Director.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Thalassa Enterprises Limited
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MSME Payment Delays by Thalassa Enterprises Limited
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Subsidiaries & Group Companies of Thalassa Enterprises Limited
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Corporate group structure
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GST Compliance of Thalassa Enterprises Limited
Thalassa Enterprises has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAQCS7563M1ZE | Telangana | Active | 01 Jul 2017 |
| 08AAQCS7563M1ZD | Rajasthan | Active | 18 Jul 2019 |
| 24AAQCS7563M1ZJ | Gujarat | Active | 30 Jul 2019 |
| 27AAQCS7563M1ZD | Maharashtra | Active | 02 Aug 2019 |
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MCA Filings & Documents of Thalassa Enterprises Limited
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Related news about Thalassa Enterprises Limited
Frequently Asked Questions about Thalassa Enterprises Limited
Thalassa Enterprises is an active public limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 December 2011 (15+ years old) and is registered under CIN U72200TG2011PLC078172.
Thalassa Enterprises reported revenue of ₹14.3 Cr for FY 2022 (up 1790% YoY).
Thalassa Enterprises has 6 current directors:
- Avinash Karingam - Managing Director
- Dasigi Venkata Surya Prakash Rao - Director
- Deenadayal Tripurasetty - Director
- Korpu Venkata Kali Kanaka Durga - Director
- Suresh Tammineedi - Director
- Venkata Krishnayya Nekkanti - Director
Thalassa Enterprises reported a net loss of ₹29.43 Lakh (net margin -2.1%) and EBITDA of -₹23.45 Lakh (EBITDA margin -1.6%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thalassa Enterprises is -43% over three years and -29% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Thalassa Enterprises is 36AAQCS7563M1ZE, registered in Telangana. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 08AAQCS7563M1ZD (Rajasthan), 24AAQCS7563M1ZJ (Gujarat), 27AAQCS7563M1ZD (Maharashtra).
The CIN (Corporate Identification Number) of Thalassa Enterprises is U72200TG2011PLC078172. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thalassa Enterprises has 2 court cases on record: 2 filed by the company.
Thalassa Enterprises was incorporated on 22 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
Chowda Medam Reddy ceased to be Company Secretary on 11 Nov 2024. Deenadayal Tripurasetty ceased to be Additional Director on 29 Sep 2023. Venkata Krishnayya Nekkanti ceased to be Additional Director on 29 Sep 2023. Thalassa Enterprises has 22 board changes on record in total.