Thirdwave Constructions Private Limited

Thirdwave Constructions Private Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U45200MH2004PTC148434 Incorporated 08 September 2004 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company real estate and construction
Data last updated
Revenue · FY 2025
₹24.73 Lakh
▼ 36.99% YoY
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹120 Cr
Satisfied ₹40 Cr
Company age
22 yrs
Est. 2004
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2025
Balance sheet date

About Thirdwave Constructions Private Limited

Data last updated:

Thirdwave Constructions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 September 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2004PTC148434. Its GSTIN is 27AACCT3745N1ZW (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Girish Manilal Boradia and Rajesh Hirji Shah.

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 1301 13th Floor Peninsula Business Park Tower B Senapati Bapat Marg Lower Parel West, Mumbai, Maharashtra, India – 400013.

As per the financials filed for FY 2025, the company reported a revenue of ₹24.73 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 1% over five years.

As per MCA filings, the company has open charges of ₹120 Cr and satisfied charges of ₹40 Cr on record. Court records list 84 cases involving the company, including 78 filed by the company and 6 filed against it; 21 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U45200MH2004PTC148434
Registration Number 148434
Incorporation Date 08 September 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Thirdwave Constructions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    1301 13th Floor Peninsula Business Park Tower B Senapati Bapat Marg Lower Parel West, Mumbai, Maharashtra, India – 400013
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Thirdwave Constructions Private Limited, buy the company report.

Comprehensive company report
Thirdwave Constructions Private Limited - one report that includes everything
  • 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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Financials of Thirdwave Constructions Private Limited

FY 2025 filings available

Thirdwave Constructions Private Limited reported revenue of ₹24.73 Lakh for FY 2025.

Revenue · FY 2025
₹24.73 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 4%
5 years · compounded
▲ 1%

Revenue has grown at a compounded annual rate (CAGR) of 1% over five years. 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin
Net Profit Margin
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 Thirdwave Constructions Private Limited, buy the company report.

Board of directors of Thirdwave Constructions Private Limited

Thirdwave Constructions has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Girish Manilal BoradiaDirector22 Oct 201412 Years 0 MonthsCurrent
Rajesh Hirji ShahDirector20 Oct 201412 Years 0 MonthsCurrent

Peer comparison

Thirdwave Constructions Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Triguni Builders & Developers Private Limited₹24.76 Lakh (FY 2025)-34.0%Mumbai, Maharashtra, India
Peace S Square Buildtech Private Limited₹24.75 Lakh (FY 2024)Patna, Bihar, India
Ramana Homes and Developers Private Limited₹24.75 Lakh (FY 2025)1550.0%Faridabad, Haryana, India
Emarat Constructions (India) Private Limited₹24.75 Lakh (FY 2025)-2.0%Patna, Bihar, India
Buddy and Bunny Realty Private Limited₹24.73 Lakh (FY 2025)-55.0%Ahmedabad, Gujarat, India
Thirdwave Constructions Private Limitedthis company₹24.73 Lakh (FY 2025)Mumbai, Maharashtra, India
Blessings Constech Private Limited₹24.72 Lakh (FY 2024)71.0%New Delhi, Delhi, India
KRS Estates Private Limited₹24.72 Lakh (FY 2024)18.0%Varanasi, Uttar Pradesh, India
M R S Contractors Private Limited₹24.72 Lakh (FY 2024)119.0%New Delhi, Delhi, India
Ideal Heights Private Limited₹24.69 Lakh (FY 2023)6.0%Kolkata, West Bengal, India
Accurate Textiles Private Limited₹24.68 Lakh (FY 2025)16538.0%New Delhi, Delhi, India

To see the full peer comparison of Thirdwave Constructions Private Limited, buy the company report.

Auditor

Thirdwave Constructions Private Limited is audited by A. C. MODI & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A. C. MODI & ASSOCIATESFY 2023116555W

Shareholding

The shareholding of Thirdwave Constructions 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 categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Thirdwave Constructions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹120 Cr
Satisfied charges
₹40 Cr
Breakdown by lending institutions
Axis Bank Limited₹120.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Aug 2025101157376Axis Bank Limited₹120 CrOpen
22 Mar 2016100046919Others₹25 CrSatisfied
22 Jan 201310402101Stci Finance Limited₹15 CrSatisfied

To see the full charge records of Thirdwave Constructions Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Thirdwave Constructions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Thirdwave Constructions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AACCT3745N1ZWMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Thirdwave Constructions Private Limited, buy the company report.

Recent activity

Thirdwave Constructions Private Limited has 11 board changes on record since 2007: 2 appointments and 9 cessations. The latest: Girish Manilal Boradia ceased to be Additional Director on 30 Sep 2015.

AGM
Thirdwave Constructions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 12,000.00 Lakh with Charge ID 101157376 was registered on 08 Aug 2025.
Filing
Thirdwave Constructions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 22 Mar 2016 via Charge ID 100046919 with Others was fully satisfied on 03 Jul 2019.
Charges
A charge with Others amounted to Rs. 2,500.00 Lakh with Charge ID 100046919 was registered on 22 Mar 2016.
Charges
A charge registered on 22 Jan 2013 via Charge ID 10402101 with Stci Finance Limited was fully satisfied on 21 Mar 2016.
Ceased
Girish Manilal Boradia ceased to be Additional Director.
Ceased
Rajesh Hirji Shah ceased to be Additional Director.
Appointed
Girish Manilal Boradia was appointed as Director.
Ceased
Jaywanti Jadavji Shah ceased to be Additional Director.
Ceased
Sanjay Damji Shah ceased to be Director.
Ceased
Jadavji Lalji Shah ceased to be Director.

7 earlier events are in the company report.

Frequently asked questions

Thirdwave Constructions is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 September 2004 (22+ years old) and is registered under CIN U45200MH2004PTC148434.

Thirdwave Constructions has 2 current directors:

The latest financial statements of Thirdwave Constructions 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 Thirdwave Constructions is 27AACCT3745N1ZW, registered in Maharashtra.

The CIN (Corporate Identification Number) of Thirdwave Constructions is U45200MH2004PTC148434. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Thirdwave Constructions has 84 court cases on record: 78 filed by the company and 6 filed against it. 21 are pending. Most are in the district courts.

Thirdwave Constructions was incorporated on 08 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Thirdwave Constructions by revenue are Triguni Builders & Developers Private Limited, Peace S Square Buildtech Private Limited, Ramana Homes and Developers Private Limited, Emarat Constructions (India) Private Limited, Buddy and Bunny Realty Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).

Girish Manilal Boradia ceased to be Additional Director on 30 Sep 2015. Rajesh Hirji Shah ceased to be Additional Director on 30 Sep 2015. Girish Manilal Boradia was appointed as Director on 22 Oct 2014. Thirdwave Constructions has 11 board changes on record in total.

The registered office of Thirdwave Constructions is at 1301 13th Floor Peninsula Business Park Tower B Senapati Bapat Marg Lower Parel West, Mumbai, Maharashtra, India – 400013.

Thirdwave Constructions operates in the real estate and construction industry, in the real estate builders and developers segment.