About Thingstel Tech Solutions India Private Limited
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Thingstel Tech Solutions India Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC109414. Its GSTIN is 29AAGCT5778D1ZW (Karnataka).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹54.85 Lakh. It is led by directors Abhishek Narsipur and Swetha Suresh.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.52 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹3.28 Lakh (net margin -31.2%) and EBITDA of ₹1.18 Lakh (EBITDA margin 11.2%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thingstel.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressHd – 119 Wework Galaxy No.43 Residency Rd, Shanthala Nagar Ashok Nagar, Bangalore, Karnataka, India – 560025
- IndustryInformation Technology, IT Consulting & Support 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
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Business Activity of Thingstel Tech Solutions India Private Limited
The main business activity of Thingstel Tech Solutions India 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.
Financials of Thingstel Tech Solutions India Private Limited FY 2025 filings available
Thingstel Tech Solutions India Private Limited reported revenue of ₹10.52 Lakh (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Thingstel Tech Solutions India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 21% fall in the latest year. EBITDA rose 338% 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 Thingstel Tech Solutions India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.18 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.28 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 Thingstel Tech Solutions India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -31.2% | •••• | •••• | •••• | •••• |
| 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 Thingstel Tech Solutions India are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of Thingstel Tech Solutions India Private Limited
Thingstel Tech Solutions India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related 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 |
|---|---|---|---|---|---|---|
| Blue2zone Software Technology Private Limited | ₹10.52 Lakh (FY 2025) | •••• | •••• | •••• | Ernakulam, Kerala, India | |
| Harsh and Harri Holdings India Private Limited | ₹10.52 Lakh (FY 2023) | •••• | •••• | 0.0% | •••• | Chennai, Tamil Nadu, India |
| Awesomify Technologies India Private Limited | ₹10.52 Lakh (FY 2024) | •••• | •••• | 872.0% | •••• | Noida, Uttar Pradesh, India |
| Vface Enterprises Private Limited | ₹10.52 Lakh (FY 2022) | •••• | •••• | -34.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Stagnum Technologia & Services Private Limited | ₹10.52 Lakh (FY 2023) | •••• | •••• | -27.0% | •••• | Delhi, India |
| Thingstel Tech Solutions India Private Limited this company | ₹10.52 Lakh (FY 2025) | •••• | •••• | -21.0% | •••• | Bangalore, Karnataka, India |
| DGM Technologies Private Limited | ₹10.52 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Code Stairs Technologies Private Limited | ₹10.52 Lakh (FY 2025) | •••• | •••• | 66.0% | •••• | Indore, Madhya Pradesh, India |
| S Kumar Online Limited Listed | ₹10.51 Lakh (FY 2025) | •••• | •••• | -98.0% | •••• | Mumbai, Maharashtra, India |
| Inwork Techventures Private Limited | ₹10.51 Lakh (FY 2025) | •••• | •••• | -50.0% | •••• | Kolkata, West Bengal, India |
| Meticulousorbit Technologies Private Limited | ₹10.51 Lakh (FY 2024) | •••• | •••• | 679.0% | •••• | Puri, Odisha, India |
Peers are the five companies nearest above and the five nearest below Thingstel Tech Solutions India by revenue in the same principal business activity (Computer programming, consultancy and related 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 of Thingstel Tech Solutions India Private Limited
Thingstel Tech Solutions India Private Limited is audited by ADITYA B N & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ADITYA B N & CO | 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 Thingstel Tech Solutions India Private Limited
Thingstel Tech Solutions India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Narsipur Also directs: Vagus Nexum LLP, Crepe Ginger Getaways Private Limited | Director | 10 Jan 2018 | 8 Years 9 Months | Current |
| Swetha Suresh Also directs: Vagus Nexum LLP, Crepe Ginger Getaways Private Limited | Director | 10 Jan 2018 | 8 Years 9 Months | Current |
Ownership and Shareholding of Thingstel Tech Solutions India 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 Thingstel Tech Solutions India Private Limited
Thingstel Tech Solutions India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Thingstel Tech Solutions India Private Limited
Employment history and EPFO contributions of people linked to Thingstel Tech Solutions India.
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.
Recent Activity on Thingstel Tech Solutions India Private Limited
Thingstel Tech Solutions India Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Abhishek Narsipur was appointed as Director on 10 Jan 2018.
Credit Ratings, Litigation & Regulatory Alerts for Thingstel Tech Solutions India 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 Thingstel Tech Solutions India 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 Thingstel Tech Solutions India 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.
GST Compliance of Thingstel Tech Solutions India Private Limited
Thingstel Tech Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCT5778D1ZW | Karnataka | Active | 14 Mar 2018 |
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.
MCA Filings & Documents of Thingstel Tech Solutions India 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.
Frequently Asked Questions about Thingstel Tech Solutions India Private Limited
Thingstel Tech Solutions India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 10 January 2018 (8+ years old) and is registered under CIN U72900KA2018PTC109414.
Thingstel Tech Solutions India reported revenue of ₹10.52 Lakh for FY 2025 (down 21% YoY).
Thingstel Tech Solutions India has 2 current directors:
- Abhishek Narsipur - Director
- Swetha Suresh - Director
Thingstel Tech Solutions India reported a net loss of ₹3.28 Lakh (net margin -31.2%) and EBITDA of ₹1.18 Lakh (EBITDA margin 11.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thingstel Tech Solutions India is 3% over three years and -2% over five years. In the latest year (FY 2025) revenue fell 21%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Thingstel Tech Solutions India is 29AAGCT5778D1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Thingstel Tech Solutions India is U72900KA2018PTC109414. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thingstel Tech Solutions India was incorporated on 10 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Thingstel Tech Solutions India by revenue are Blue2zone Software Technology Private Limited, Harsh and Harri Holdings India Private Limited, Awesomify Technologies India Private Limited, Vface Enterprises Private Limited, Stagnum Technologia & Services Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Abhishek Narsipur was appointed as Director on 10 Jan 2018. Swetha Suresh was appointed as Director on 10 Jan 2018.
Yes, Thingstel Tech Solutions India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).