Thirdware Solution Limited - Company Profile

It is a information technology public limited company based in Mumbai, Maharashtra, India, established in 1995.
1995 Mumbai, Maharashtra, India Amalgamated
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About Thirdware Solution Limited

Thirdware Solution Limited, a amalgamated public limited company, was established on 20 June 1995 in Mumbai, Maharashtra, India. Engaging in it products retail & distribution within the information and communication sector, it holds CIN: U72900MH1995PLC089765. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹8.00 Cr and a paid-up capital of ₹4.70 Cr.

Formerly known as Thirdware Solution Private Limited. It upholds a compliant status. Employing 621 professional, Its leadership includes Heena Nikhil Shah (Director), Padala Ramkrishna Rao (Director), Nalin Mittal (Director). Past directors included Joginder Pal Singh, Graham Creasey, Vijay Parameswaran Sankaran. It holds no open charges and ₹113.81 Cr settled loans. Its latest AGM occurred on 15 July 2024, with the balance sheet filed on 31 March 2024. It is based at Oberoi Garden Estate, Near Chandivali Studio Wing-I, Andheri (E), Mumbai, Mumbai, Maharashtra, 400072.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U72900MH1995PLC089765

  • Registration Number

    089765

  • Incorporation Date

    20 June 1995

  • Authorized Capital

    ₹8.00 Cr

  • Paid-Up Capital

    ₹4.70 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Amalgamated

Key Metrics
  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 4.70 Cr
  • Company Age 30 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 113.81 Cr
  • Revenue Growth **** 19.58%
  • Profit Growth **** 136.17%
  • Ebitda **** 132.07%
  • Net Worth -14.51%
  • Total Assets -15.75%
Company report

Thirdware Solution Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Thirdware Solution Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Thirdware Solution Limited?
Current Directors
Name Designation Appointment Date Status
Heena Nikhil Shah Director 18 Apr 2024 Current
Padala Ramkrishna Rao Director 09 Feb 2023 Current
Nalin Mittal Director 03 Jun 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Alternate Director 26 Jun 2013 Past
Pramod Abcsdd Nominee Director 03 Jun 2022 Past
Pramod Abcsdd Nominee Director 04 Oct 2013 Past
Pramod Abcsdd Whole-Time Director 31 Oct 2012 Past
Pramod Abcsdd Nominee Director 17 Dec 2015 Past
Pramod Abcsdd Alternate Director 14 Aug 2009 Past

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Financial Performance of Thirdware Solution.

Thirdware Solution Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 19.58% increase. The company also saw a substantial improvement in profitability, with a 136.17% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.51%.

Thirdware Solution revenue growth over time
Thirdware Solution profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 19.58%
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*******
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Revenue from Operations
*******
 18.56%
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*******
*******
Total Assets
*******
 -15.75%
*******
*******
*******
*******
Profit or Loss
*******
 136.17%
*******
*******
*******
*******
Net Worth
*******
 -14.51%
*******
*******
*******
*******
EBITDA
*******
 132.07%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Thirdware Solution?

In 2023, Thirdware Solution had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹1,138,092,500.00

Charges Breakdown by Lending Institutions
  • Others : 56.25 Cr
  • Citi Bank N.A. : 37.56 Cr
  • Hdfc Bank Limited : 20.00 Cr
Latest Charge Details
Date Lender Amount Status
03 Jun 2021 Others ₹18.75 Cr Satisfied
03 Feb 2021 Others ₹18.75 Cr Satisfied
07 Oct 2015 Citi Bank N.A. ₹25.56 Cr Satisfied
18 May 2015 Others ₹18.75 Cr Satisfied
16 Mar 2015 Hdfc Bank Limited ₹20.00 Cr Satisfied

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How Many Employees Work at Thirdware Solution?

Thirdware Solution has a workforce of 621 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Thirdware Solution, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Thirdware Solution's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Thirdware Solution
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Thirdware Solution Limited last Annual general meeting of members was held on 15 Jul 2024 as per latest MCA records. was documented.

  • Director Appointment

    Heena Nikhil Shah was appointed as a Director was appointed as a Director on 18 Apr 2024 & has been associated with this company since 1 year 9 months . was recorded as a recent event.

  • Balance Sheet

    Thirdware Solution Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 07 Oct 2015 via Charge ID 10624485 with Citi Bank N.A. was fully satisfied on 19 Jun 2023. was documented.

  • Director Appointment

    The activity Padala Ramkrishna Rao was appointed as a Director was appointed as a Director on 09 Feb 2023 & has been associated with this company since 2 years 11 months . was completed.

  • Charges

    A charge registered on 03 Jun 2021 via Charge ID 100453020 with Others was fully satisfied on 27 Dec 2022. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Thirdware Solution Limited?

The CIN of Thirdware Solution Limited is U72900MH1995PLC089765.

Where is Thirdware Solution Limited headquartered?

Thirdware Solution Limited is headquartered at Oberoi Garden Estate, Near Chandivali Studio Wing-I, Andheri (E), Mumbai, Mumbai, Maharashtra, 400072.

When was Thirdware Solution Limited incorporated?

Thirdware Solution Limited was incorporated on 20 June 1995.

Who are the current directors of Thirdware Solution Limited?

The current directors of Thirdware Solution Limited are

What is the primary industry of Thirdware Solution Limited?

The primary industry of Thirdware Solution Limited is Information And Communication.

Is Thirdware Solution Limited a listed company?

Thirdware Solution Limited is unlisted.

What is the capital structure of Thirdware Solution Limited?

The authorized capital of Thirdware Solution Limited is ₹8.00 Cr, and the paid-up capital is ₹4.70 Cr.

What is the compliance status of Thirdware Solution Limited?

The compliance status of Thirdware Solution Limited is Compliant.

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