About THB Software Solutions Private Limited
Data last updated:
THB Software Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 08 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC120135. Its GSTIN is 29AAHCT1071G1ZB (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors including Tanveer Ahmed (Managing Director) and Benavalli Manjunathappa Basavaraj.
Its last annual general meeting (AGM) was held on 30 October 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at #1 Flat No. 202 2nd Floor Bvr Lake Front Buildi Veerannapalya Main Road Nagavara, Bangalore, Karnataka, India – 560045.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.36 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹21.9 Lakh (net margin 16.2%) and EBITDA of ₹26.88 Lakh (EBITDA margin 19.8%). Revenue has grown at a compounded annual rate (CAGR) of 559% over three years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: TechHighbrows.
For more details, the company can be reached via its website techhighbrows.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address#1 Flat No. 202 2nd Floor Bvr Lake Front Buildi Veerannapalya Main Road Nagavara, Bangalore, Karnataka, India – 560045
- IndustryInformation Technology, Software Development & Support Services, IT Products Retail & Distribution
- 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
Associated Brands with THB Software Solutions Private Limited
THB Software Solutions operates one associated brand: TechHighbrows. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers product development, IT services, consulting, and operations for global businesses. | techhighbrows.com |
Competitors & Alternatives of THB Software Solutions Private Limited
Brands and companies operating in the same space as THB Software Solutions Private Limited include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Happiest Minds | IT outsourcing services are delivered across multiple business lines. | Bengaluru, India | 2011 |
 Mavenir | Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States | 2005 |
 1&1 IONOS | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States | 1988 |
 Datamatics | Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India | 1975 |
 Genpact | Provider of end-to-end business process outsourcing services | New York, United States | 1997 |
 NTT DATA | Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan | 1967 |
 Endava | Endava is engaged in digital transformation and AI-driven solutions. | London, United Kingdom | 2000 |
 Accenture | IT and management consultancy services are provided globally. | Dublin, Ireland | 1989 |
 UST | High-quality office furniture is provided by UST for various needs. | Taiwan | 1998 |
Business Activity of THB Software Solutions Private Limited
The main business activity of THB Software Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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
Verified entity values are shown only after access is granted.
Auditor Details of THB Software Solutions Private Limited
THB Software Solutions Private Limited is audited by VARAPRASAD K for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VARAPRASAD K | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of THB Software Solutions Private Limited
THB Software Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Benavalli Manjunathappa Basavaraj | Additional Director | 13 Mar 2020 | 6 Years 6 Months | Current |
| Shamshad Begum | Additional Director | 22 Jan 2024 | 2 Years 8 Months | Current |
| Tanveer Ahmed | Managing Director | 08 Jan 2019 | 7 Years 8 Months | Current |
Financials of THB Software Solutions Private Limited FY 2023 filings available
THB Software Solutions Private Limited reported revenue of ₹1.36 Cr (up 257% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of THB Software Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 559% over three years, including 257% growth in the latest year. EBITDA rose 868% 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 of THB Software Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.36 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹26.88 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21.9 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of THB Software Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16.2% | •••• | •••• | •••• | •••• |
| 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 THB Software Solutions are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of THB Software Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of THB Software Solutions Private Limited
THB Software Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at THB Software Solutions Private Limited
THB Software Solutions Private Limited has a workforce of 15 employees as of Mar 25, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of THB Software Solutions Private Limited
THB Software Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCT1071G1ZB | Karnataka | Active | 12 Mar 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for THB Software Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by THB Software Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of THB Software Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of THB Software Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on THB Software Solutions Private Limited
Frequently Asked Questions about THB Software Solutions Private Limited
THB Software Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 08 January 2019 (7+ years old) and is registered under CIN U72900KA2019PTC120135.
THB Software Solutions reported revenue of ₹1.36 Cr for FY 2023 (up 257% YoY).
THB Software Solutions has 3 current directors:
- Tanveer Ahmed - Managing Director
- Benavalli Manjunathappa Basavaraj - Additional Director
- Shamshad Begum - Additional Director
THB Software Solutions reported a net profit of ₹21.9 Lakh (net margin 16.2%) and EBITDA of ₹26.88 Lakh (EBITDA margin 19.8%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of THB Software Solutions is 559% over three years. In the latest year (FY 2023) revenue rose 257%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of THB Software Solutions is 29AAHCT1071G1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of THB Software Solutions is U72900KA2019PTC120135. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
THB Software Solutions was incorporated on 08 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
THB Software Solutions can be reached through the website techhighbrows.com. Its registered office is in Bangalore, Karnataka, India.