Thirdwave Projects Pvt Ltd
About Thirdwave Projects Pvt Ltd
Data last updated:
Thirdwave Projects Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 23 June 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB1994PTC063687.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹4.92 Lakh. It is led by directors Durga Shankar Thalia and Rahul D Thalia.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 239A Kamalalaya 156A Lenin Sarani, Kolkata, West Bengal, India – 700013.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.07 Lakh, a decline of 57% compared to the previous year. For the same year it recorded a net profit of ₹79,326 (net margin 7.9%) and EBITDA of ₹6.58 Lakh (EBITDA margin 65.4%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 4% over five years.
Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Thirdwave Projects Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address239A Kamalalaya 156A Lenin Sarani, Kolkata, West Bengal, India – 700013
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Thirdwave Projects Pvt Ltd, 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
Business activity
The main business activity of Thirdwave Projects is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Thirdwave Projects Pvt Ltd, buy the company report.
Financials of Thirdwave Projects Pvt Ltd
FY 2025 filings availableThirdwave Projects Pvt Ltd reported revenue of ₹10.07 Lakh (down 57% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 57% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 67% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.58 Lakh | ||||
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| Net Profit (PAT) | ₹79,326 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 65.4% | ||||
| Net Profit Margin | 7.9% | ||||
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To see the full financial statements and ratios of Thirdwave Projects Pvt Ltd, buy the company report.
Board of directors of Thirdwave Projects Pvt Ltd
Thirdwave Projects has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Durga Shankar Thalia Also directs: Sarffin Financial Advisors Private Limited | Director | 25 Apr 2014 | 12 Years 6 Months | Current |
| Rahul D Thalia | Director | 25 Apr 2014 | 12 Years 6 Months | Current |
Auditor
Thirdwave Projects Pvt Ltd is audited by PIYUSH SETHIA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PIYUSH SETHIA & ASSOCIATES | FY 2022 | 327840E |
Shareholding
The shareholding of Thirdwave Projects Pvt Ltd 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Thirdwave Projects Pvt Ltd, buy the company report.
Legal cases
Thirdwave Projects Pvt Ltd has 3 court cases on record: 3 filed by Thirdwave Projects. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 3 |
Cases on record (1 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Thirdwave Projects Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Thirdwave Projects Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Thirdwave Projects Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Thirdwave Projects Pvt Ltd has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Rajesh Kumar Bengani ceased to be Director on 15 Sep 2014.
Frequently asked questions
Thirdwave Projects is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate financing, within the financial services industry. It was incorporated on 23 June 1994 (32+ years old) and is registered under CIN U70101WB1994PTC063687.
Thirdwave Projects has 2 current directors:
- Durga Shankar Thalia - Director
- Rahul D Thalia - Director
The latest financial statements of Thirdwave Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Thirdwave Projects is U70101WB1994PTC063687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thirdwave Projects has 3 court cases on record: 3 filed by the company. 3 are pending.
Thirdwave Projects was incorporated on 23 June 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
Rajesh Kumar Bengani ceased to be Director on 15 Sep 2014. Sudha Bengani Devi ceased to be Director on 15 Sep 2014. Durga Shankar Thalia was appointed as Director on 25 Apr 2014. Thirdwave Projects has 4 board changes on record in total.
The registered office of Thirdwave Projects is at 239A Kamalalaya 156A Lenin Sarani, Kolkata, West Bengal, India – 700013.
Thirdwave Projects operates in the financial services industry, in the real estate financing segment.
The compliance status of Thirdwave Projects is compliant as of 22 July 2026. The company is actively filing with the Registrar of Companies.