About Think Right Technologies Private Limited
Data last updated:
Think Right Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Evista Venture Capital Private Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 31 December 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1996PTC021578. Its GSTIN is 29AABCT2895C2Z6 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹24.9 Lakh. It was formerly known as Think Right Advisory Services Private Limited and Think Ahead Advisory Services Private Limited. It is led by directors Rahul Gupta and Sajal Gupta.
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 2024, the company reported a revenue of ₹18,000. For the same year it recorded a net loss of ₹1,850 (net margin -10.3%) and EBITDA of -₹1,850 (EBITDA margin -10.3%). Revenue has declined at a compounded annual rate (CAGR) of 89% over three years and 77% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹16.31 Lakh on record. The company has 4 deals on record (2 acquisitions, 2 secondary share transfers); the latest was in August 2011. Its 6 peer companies in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 4 smaller; the largest is Brainchip Technologies Private Limited with revenue of ₹18,780.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thinkright-tech.com.
Company details
Name history
Think Right Technologies has undergone 2 name changes throughout its history. The company was previously known as Think Right Advisory Services Private Limited, and Think Ahead Advisory Services Private Limited. The current legal name is Think Right Technologies Private Limited.
| Company Name | Status |
|---|---|
| Think Right Technologies Private Limited | Current |
| Think Right Advisory Services Private Limited | Previous |
| Think Ahead Advisory Services Private Limited | Previous |
Contact details
Think Right Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is thinkright-tech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 701 Left Side Room Vajram Esteva Marathahalli – Sarjapur, Outer Ring Road Devarabisanahalli, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Think Right Technologies Private Limited, buy the company report.
- 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
Financials of Think Right Technologies Private Limited
FY 2025 filings availableThink Right Technologies Private Limited reported revenue of ₹18,000 for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 77% over five years. EBITDA rose 91% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹1,850 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1,850 | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.3% | ||||
| Net Profit Margin | -10.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Think Right Technologies Private Limited, buy the company report.
Board of directors of Think Right Technologies Private Limited
Think Right Technologies has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Gupta Also directs: Evista Teccon LLP, Udyat Management LLP, Himalayan Creamery Private Limited and 5 more | Director | 17 Nov 2008 | 17 Years 11 Months | Current |
| Sajal Gupta Also directs: Tricity Technologies Private Limited, FW Fintech Private Limited | Additional Director | 22 Nov 2023 | 2 Years 11 Months | Current |
Peer comparison
Think Right Technologies Private Limited is compared with the 6 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Brainchip Technologies Private Limited | ₹18,780 (FY 2025) | Kozhikode, Kerala, India | ||||
| Grapes Media Private Limited | ₹18,428 (FY 2024) | -100.0% | New Delhi, Delhi, India | |||
| Think Right Technologies Private Limitedthis company | ₹18,000 (FY 2024) | -₹1,850 | -10.3% | 12 | Bangalore, Karnataka, India | |
| Rainbow Sculptors Technologies Private Limited | ₹18,000 (FY 2024) | Bangalore, Karnataka, India | ||||
| Krutiinfo Soft Private Limited | ₹17,881 (FY 2020) | Ernakulam, Kerala, India | ||||
| Wits Solutions Private Limited | ₹17,700 (FY 2019) | Bangalore, Karnataka, India | ||||
| KL Software Technologies Private Limited | ₹17,650 (FY 2024) | -99.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Think Right Technologies Private Limited, buy the company report.
Auditor
Think Right Technologies Private Limited is audited by D N J & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D N J & CO. | FY 2022 | 009150N |
Shareholding
The shareholding of Think Right Technologies Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Think Right Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jul 2004 | 90198449 | Canara Bank | ₹12 Lakh | Satisfied | |
| 11 Jan 2002 | 90198065 | Canara Bank | ₹4.31 Lakh | Satisfied |
To see the full charge records of Think Right Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Think Right Technologies Private Limited has 4 deals on record (2 acquisitions, 2 secondary share transfers); the latest was in August 2011.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2011 | Acquisition | Undisclosed | Buyer: Beyond Codes India Private Limited Seller: Sonoma Management Partners |
| Jul 2011 | Secondary share transfer | Undisclosed | Buyer: Evista Venture Capital, an individual Seller: Qai (India) Limited , Beyond Codes India Private Limited |
| Jan 2011 | Secondary share transfer | Undisclosed | Buyer: Sonoma Management Partners Seller: 3 individuals |
| Mar 2009 | Acquisition | ₹30 Lakh | Buyer: Sonoma Management Partners |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Think Right Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Think Right Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Think Right Technologies Private Limited has a workforce of 12 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Think Right Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCT2895C2Z6 | Karnataka | Active | 01 Aug 2017 |
To see the full GST registrations and return filing status of Think Right Technologies Private Limited, buy the company report.
Recent activity
Think Right Technologies Private Limited has 8 board changes on record since 2008: 3 appointments and 5 cessations. The latest: Sajal Gupta was appointed as Additional Director on 22 Nov 2023.
4 earlier events are in the company report.
Frequently asked questions
Think Right Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 31 December 1996 (30+ years old) and is registered under CIN U85110KA1996PTC021578.
Think Right Technologies has 2 current directors:
- Rahul Gupta - Director
- Sajal Gupta - Additional Director
The latest financial statements of Think Right Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Think Right Technologies is 29AABCT2895C2Z6, registered in Karnataka. 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 Think Right Technologies is U85110KA1996PTC021578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Think Right Technologies was incorporated on 31 December 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
Think Right Technologies has 4 deals on record (2 acquisitions, 2 secondary share transfers); the latest was in August 2011.
The peers of Think Right Technologies by revenue are Brainchip Technologies Private Limited, Grapes Media Private Limited, Rainbow Sculptors Technologies Private Limited, Krutiinfo Soft Private Limited, Wits Solutions Private Limited and 1 more, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Sajal Gupta was appointed as Additional Director on 22 Nov 2023. Ranganatha Hadadi Varadaraj ceased to be Additional Director on 30 Sep 2011. Bharat Omprakash Gera ceased to be Director on 29 Sep 2011. Think Right Technologies has 8 board changes on record in total.
Think Right Technologies can be reached through the website thinkright-tech.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Think Right Technologies is at B – 701 Left Side Room Vajram Esteva Marathahalli – Sarjapur, Outer Ring Road Devarabisanahalli, Bangalore, Karnataka, India – 560103.