About Thence Digital Private Limited
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Thence Digital Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74140KL2012PTC032224. Its GSTIN is 29AABCW3016G1ZH (Karnataka).
The company has an authorised share capital of ₹1.1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Winktales Creative Solutions Private Limited. It is led by directors including Vinumon Sudarsanan (Managing Director) and Alok John.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sreevinayaka Tc 5/2100(2) Pnra E – 58A Kokkode Kawdiar P.O, Thiruvananthapuram, Kerala, India – 695003.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.62 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹41.08 Lakh (net margin -5.4%) and EBITDA of -₹59.28 Lakh (EBITDA margin -7.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 24% over five years.
The company has about 78 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Thence. As per MCA filings, the company has open charges of ₹49.99 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thence.co.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSreevinayaka Tc 5/2100(2) Pnra E – 58A Kokkode Kawdiar P.O, Thiruvananthapuram, Kerala, India – 695003
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Name History of Thence Digital Private Limited
Thence Digital has undergone 2 name changes throughout its history. The company was previously known as Winktales Creative Solutions Private Limited, and Thence Digital Private Limited. The current legal name is Thence Digital Private Limited.
| Company Name | Status |
|---|---|
| Thence Digital Private Limited | Current |
| Winktales Creative Solutions Private Limited | Previous |
Competitors & Alternatives of Thence Digital Private Limited
Brands and companies operating in the same space as Thence Digital Private Limited include Goodpatch, USIO, Social Panga and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Goodpatch | UI design company and development based in Tokyo and Berlin | Shibuya, Japan | 2011 |
 USIO | UI/UX development services for enterprises are provided alongside app support. | London, United Kingdom | 1998 |
 Social Panga | Digital marketing, branding, and application development services are provided. | Bengaluru, India | 2013 |
 Mobiquity | Provider of customer experience and product design services | Ahmedabad, India | 2011 |
 Zypsy | Design outsourcing firm | San Bruno, United States | 2018 |
 MetaLab | Provider of a design and development agency that helps companies design, build, and ship innovative products and services | Victoria, Canada | 2006 |
 F1 Studioz | UI/UX design services are offered in Hyderabad, India. | Hyderabad, India | 2012 |
 beBit | UI/UX consulting and design services are provided for various projects. | Chiyoda City, Japan | 2000 |
 Fresh Consulting | UI/UX design and application development services are provided. | Seattle, United States | 2007 |
 Visual Electric | Developer of an AI-powered platform for generating images and videos | Sausalito, United States | 2022 |
Business Activity of Thence Digital Private Limited
The main business activity of Thence Digital is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment 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 Thence Digital Private Limited
Thence Digital Private Limited is audited by Suraj & Tarun for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Suraj & Tarun | 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 Thence Digital Private Limited
Thence Digital has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok John | Director | 15 Nov 2013 | 12 Years 10 Months | Current |
| Vinumon Sudarsanan | Managing Director | 24 Sep 2012 | 14 Years 0 Months | Current |
| Prabhasa Lakshmidhara Kota | Director | 30 Nov 2012 | 13 Years 10 Months | Current |
Financials of Thence Digital Private Limited FY 2024 filings available
Thence Digital Private Limited reported revenue of ₹7.62 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Thence Digital Private Limited
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA rose 74% 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 Thence Digital Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
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| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹59.28 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹41.08 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Thence Digital Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.4% | •••• | •••• | •••• | •••• |
| 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 Thence Digital are in the company report.
Financial statements from 2015
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 Thence Digital 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 Thence Digital Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Nov 2019 | State Bank of India | ₹49.99 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Thence Digital Private Limited
Thence Digital Private Limited has a workforce of 78 employees as of Apr 09, 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 Thence Digital Private Limited
Thence Digital has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCW3016G1ZH | Karnataka | Active | 01 Jul 2017 |
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 Thence Digital 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 Thence Digital 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 Thence Digital 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 Thence Digital 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 Thence Digital Private Limited
Frequently Asked Questions about Thence Digital Private Limited
Thence Digital is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 24 September 2012 (14+ years old) and is registered under CIN U74140KL2012PTC032224.
Thence Digital reported revenue of ₹7.62 Cr for FY 2025 (down 1% YoY).
Thence Digital has 3 current directors:
- Vinumon Sudarsanan - Managing Director
- Alok John - Director
- Prabhasa Lakshmidhara Kota - Director
Thence Digital reported a net loss of ₹41.08 Lakh (net margin -5.4%) and EBITDA of -₹59.28 Lakh (EBITDA margin -7.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thence Digital is 5% over three years and 24% over five years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Thence Digital is 29AABCW3016G1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Thence Digital is U74140KL2012PTC032224. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thence Digital was incorporated on 24 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ernakulam.
Yes, Thence Digital is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).