About Third Wave Power India Private Limited
Data last updated:
Third Wave Power India Private Limited is a foreign private limited company based in New, Delhi, India, a subsidiary of Third Wave Power Pte. Ltd and recognised as a startup by DPIIT. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 06 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2017FTC326826. Its GSTIN is 06AAGCT5302F1ZO (Haryana).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Ramesh Tuli and Vishnampet Sethuraman Hariharan.
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 25 Lgf Babar Road Bengali Market, New, Delhi, India – 110001.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.91 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹1.17 Cr (net margin -11.8%) and EBITDA of -₹1.56 Cr (EBITDA margin -15.7%). Revenue has grown at a compounded annual rate (CAGR) of 401% over three years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Third Wave Power.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thirdwavepower.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address25 Lgf Babar Road Bengali Market, New, Delhi, India – 110001
- IndustryConsumer Electronics & Durables, Electronic Appliances 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 Third Wave Power India Private Limited
Third Wave Power India operates one associated brand: Third Wave Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures multi - type of solar products | thirdwavepower.com |
Competitors & Alternatives of Third Wave Power India Private Limited
Brands and companies operating in the same space as Third Wave Power India Private Limited include Maxeon Solar Technologies, SBI Offshore, Powerseraya and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Maxeon Solar Technologies | Solar powered products are manufactured for renewable energy applications. | Singapore | 2020 |
 SBI Offshore | Solar powered products are manufactured by SBI Offshore. | Singapore | 1994 |
 Powerseraya | Manufacturer of solar powered products | Singapore | 2000 |
 SANDAV PACIFIC | Manufactures high-quality power generation equipment for industrial use. | Singapore | 1999 |
 Windsia | Distributes solar and wind energy products. | Singapore | 2006 |
 Marine Navaids And Solar Auto Private | Manufactures solar-powered products, including panels and integrated energy systems. | Noida, India | 1974 |
 SolAir World International | Online platform offering solar energy guides, resources, and community for enthusiasts. | Singapore | 2011 |
 Utica | Manufactures products for solar energy, micro-hydroelectric, and wind energy solutions. | Singapore | 2003 |
Business Activity of Third Wave Power India Private Limited
The main business activity of Third Wave Power India is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Third Wave Power India Private Limited
Third Wave Power India Private Limited is audited by R. K. Baheti & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R. K. Baheti & 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 Third Wave Power India Private Limited
Third Wave Power India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Tuli | Director | 15 Sep 2023 | 3 Years 0 Months | Current |
| Vishnampet Sethuraman Hariharan Also directs: Redington Limited | Director | 06 Dec 2017 | 8 Years 10 Months | Current |
Financials of Third Wave Power India Private Limited FY 2025 filings available
Third Wave Power India Private Limited reported revenue of ₹9.91 Cr (down 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Third Wave Power India Private Limited
Revenue fell 14% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 401%. EBITDA fell 236% 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 Third Wave Power India Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.56 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.17 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Third Wave Power India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -11.8% | •••• | •••• | •••• | •••• |
| 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 Third Wave Power 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.
Ownership and Shareholding of Third Wave Power 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 Third Wave Power India Private Limited
Third Wave Power India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Third Wave Power India Private Limited
Third Wave Power India Private Limited has a workforce of 11 employees as of Apr 06, 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 Third Wave Power India Private Limited
Third Wave Power India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAGCT5302F1ZO | Haryana | Active | 07 Jun 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.
Credit Ratings, Litigation & Regulatory Alerts for Third Wave Power 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 Third Wave Power 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 Third Wave Power 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.
MCA Filings & Documents of Third Wave Power 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.
Recent Activity on Third Wave Power India Private Limited
Frequently Asked Questions about Third Wave Power India Private Limited
Third Wave Power India is an active foreign private limited company based in New, Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 06 December 2017 (9+ years old) and is registered under CIN U51909DL2017FTC326826.
Third Wave Power India reported revenue of ₹9.91 Cr for FY 2024 (down 14% YoY).
Third Wave Power India has 2 current directors:
- Ramesh Tuli - Director
- Vishnampet Sethuraman Hariharan - Director
Third Wave Power India reported a net loss of ₹1.17 Cr (net margin -11.8%) and EBITDA of -₹1.56 Cr (EBITDA margin -15.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Third Wave Power India is 401% over three years. In the latest year (FY 2024) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Third Wave Power India is 06AAGCT5302F1ZO, registered in Haryana.
The CIN (Corporate Identification Number) of Third Wave Power India is U51909DL2017FTC326826. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Third Wave Power India was incorporated on 06 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Yes, Third Wave Power India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).