About Thinking Hut IT Solutions Private Limited
Data last updated:
Thinking Hut IT Solutions Private Limited was a private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Ilink Multitech Solutions Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 January 2010.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2010PTC135424. Its GSTIN is 27AAECB0332R1ZJ (Maharashtra).
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.95 Lakh. It was formerly known as Bhaskarwar Technology Solutions Private Limited. It was led by directors including Kadayam Ramakrishna Iyer Sankaran and Sankaran Sreebalaji Kadayan.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 5th Floor M – Agile Baner Road India, Pune, Maharashtra, India – 411045.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.44 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹73.26 Lakh (net margin 13.5%) and EBITDA of ₹70.97 Lakh (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 1% over five years.
The company was associated with 2 brands: AchhaBachha and Thinking Hut. The company has 3 deals on record (3 secondary share transfers); the latest was in June 2017. Its 8 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 4 larger and 4 smaller; the largest is California Software Company Limited with revenue of ₹5.45 Cr.
The last known website on record is thinkinghut.com.
Company details
Contact details
Thinking Hut IT Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is thinkinghut.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5th Floor M – Agile Baner Road India, Pune, Maharashtra, India – 411045
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Thinking Hut IT Solutions 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
Brands
Thinking Hut IT Solutions operates two associated brands: AchhaBachha and Thinking Hut. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online portal for child monitoring and content management. | achhabachha.com | |
| Application development and DevOps services are provided from Pune, India. | thinkinghut.com |
Business activity
The main business activity of Thinking Hut IT Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Thinking Hut IT Solutions Private Limited, buy the company report.
Financials of Thinking Hut IT Solutions Private Limited
FY 2023 filings availableThinking Hut IT Solutions Private Limited reported revenue of ₹5.44 Cr (down 27% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 244% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.44 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹70.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹73.26 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13% | ||||
| Net Profit Margin | 13.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Thinking Hut IT Solutions Private Limited, buy the company report.
Board of directors of Thinking Hut IT Solutions Private Limited
Thinking Hut IT Solutions has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kadayam Ramakrishna Iyer Sankaran Also directs: Dazeworks Technologies Private Limited, Fragma Data Systems Private Limited, Innowise Global Technology Private Limited and 2 more | Director | 20 Dec 2018 | 7 Years 10 Months | As last reported |
| Sankaran Sreebalaji Kadayan | Director | 04 Mar 2022 | 4 Years 7 Months | As last reported |
| Cheyyar Nageswaran Prasanna | Additional Director | 10 Apr 2023 | 3 Years 6 Months | As last reported |
Peer comparison
Thinking Hut IT Solutions Private Limited is compared with the 8 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| California Software Company Limited | ₹5.45 Cr (FY 2025) | 27.0% | Chennai, Tamil Nadu, India | |||
| Ravoq Sports Technology Private Limited | ₹5.45 Cr (FY 2025) | 18.0% | Delhi, India | |||
| Paccore Software India Private Limited | ₹5.44 Cr (FY 2024) | 4.0% | Ranga Reddy Distrcit, Telangana, India | |||
| TB Business Advisory Private Limited | ₹5.44 Cr (FY 2025) | -22.0% | Bangalore, Karnataka, India | |||
| Thinking Hut IT Solutions Private Limitedthis company | ₹5.44 Cr (FY 2023) | ₹73.26 Lakh | 13.5% | -27.0% | Pune, Maharashtra, India | |
| Derelle Consulting Private Limited | ₹5.44 Cr (FY 2025) | Chennai, Tamil Nadu, India | ||||
| Bloktrek Technologies Private Limited | ₹5.44 Cr (FY 2024) | 197.0% | Bangalore, Karnataka, India | |||
| Entersoft Information Systems Private Limited | ₹5.44 Cr (FY 2022) | 4.0% | Hyderabad, Telangana, India | |||
| Cloudlims Lab Solutions (India) Private Limited | ₹5.43 Cr (FY 2025) | -22.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Thinking Hut IT Solutions Private Limited, buy the company report.
Auditor
Thinking Hut IT Solutions Private Limited is audited by Ray and Ray Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ray and Ray Chartered Accountants | FY 2023 | 301072E |
Shareholding
The shareholding of Thinking Hut IT Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Thinking Hut IT Solutions Private Limited, buy the company report.
Deals & funding
Thinking Hut IT Solutions Private Limited has 3 deals on record (3 secondary share transfers); the latest was in June 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
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 Thinking Hut IT Solutions 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 Thinking Hut IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Thinking Hut IT Solutions Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
GST
Thinking Hut IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECB0332R1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Thinking Hut IT Solutions Private Limited, buy the company report.
Recent activity
Thinking Hut IT Solutions Private Limited has 11 board changes on record since 2011: 3 appointments and 8 cessations. The latest: Cheyyar Nageswaran Prasanna was appointed as Additional Director on 10 Apr 2023.
2 earlier events are in the company report.
Frequently asked questions
Thinking Hut IT Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Thinking Hut IT Solutions was a private limited company based in Pune, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 29 January 2010 and is registered under CIN U72200PN2010PTC135424. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Thinking Hut IT Solutions was incorporated on 29 January 2010. It is registered with the Registrar of Companies, Pune.
Thinking Hut IT Solutions had 3 directors:
- Kadayam Ramakrishna Iyer Sankaran - Director
- Sankaran Sreebalaji Kadayan - Director
- Cheyyar Nageswaran Prasanna - Additional Director
The CIN (Corporate Identification Number) of Thinking Hut IT Solutions is U72200PN2010PTC135424. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Thinking Hut IT Solutions is at 5th Floor M – Agile Baner Road India, Pune, Maharashtra, India – 411045.
Thinking Hut IT Solutions can be reached through the website thinkinghut.com. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Thinking Hut IT Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Thinking Hut IT Solutions is 27AAECB0332R1ZJ, registered in Maharashtra.
Thinking Hut IT Solutions operated in the information technology industry, in the IT consulting and support services segment.
Thinking Hut IT Solutions has 3 deals on record (3 secondary share transfers); the latest was in June 2017.