MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0061246
Thocess Innovation Lab Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.81 Cr
▲ 70% YoY
Net profit · FY 2023
₹5.19 Lakh
Net margin 2.9%
EBITDA · FY 2023
₹47.54 Lakh
EBITDA margin 26.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹90 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
4
As per MCA filings
GST registrations
1
None active
About Thocess Innovation Lab Limited
Data last updated:
Thocess Innovation Lab Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 02 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2011PLC219351. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90 Lakh. It was formerly known as Investeria Wealth Solutions Private Limited and Investeria Wealth Solutions Limited. It is led by directors including Pranali Pravin Sawarkar and Pravin Salvi Prakash.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.81 Cr, a growth of 70% compared to the previous year. For the same year it recorded a net profit of ₹5.19 Lakh (net margin 2.9%) and EBITDA of ₹47.54 Lakh (EBITDA margin 26.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over five years.
The company is associated with 1 brand: Thocess.
Thocess Innovation Lab Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0061246). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thocess.com.
Company details
CIN U74110MH2011PLC219351
Registration Number 219351
Incorporation Date 02 July 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0061246
Name history
Thocess Innovation Lab has undergone 2 name changes throughout its history. The company was previously known as Investeria Wealth Solutions Private Limited, and Investeria Wealth Solutions Limited. The current legal name is Thocess Innovation Lab Limited.
| Company Name | Status |
|---|---|
| Thocess Innovation Lab Limited | Current |
| Investeria Wealth Solutions Private Limited | Previous |
| Investeria Wealth Solutions Limited | Previous |
CIN history
Thocess Innovation Lab has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110MH2011PLC219351, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2011PLC219351 | Current |
| U65990MH2011PTC219351 | Previous |
| U65990MH2011PLC219351 | Previous |
Key People
Pranali Pravin Sawarkar Director Pravin Salvi Prakash Director Imtiyaz Niyaz Qureshi Director Recognitions & Rankings of Thocess Innovation Lab
Contact details
Thocess Innovation Lab Limited's registered office is in Mumbai, Maharashtra. Its website is thocess.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address304 Advent Atria Premises Csl Chincholi Bunder Road Chinchavali Mala, D (West), Mumbai, Maharashtra, India – 400064
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Thocess Innovation Lab Limited, buy the company report.
Comprehensive company report
Thocess Innovation Lab 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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Brands
Thocess Innovation Lab operates one associated brand: Thocess. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Thocess provides accelerator services for early-stage companies in India, focusing on strategy, growth, and funding support. | thocess.com |
Business activity
The main business activity of Thocess Innovation Lab is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Thocess Innovation Lab Limited, buy the company report.
Financials of Thocess Innovation Lab Limited
FY 2023 filings availableThocess Innovation Lab Limited reported revenue of ₹1.81 Cr (up 70% YoY) for FY 2023.
Revenue · FY 2023
₹1.81 Cr ▲ 70%
Net profit · FY 2023
₹5.19 Lakh margin 2.9%
EBITDA · FY 2023
₹47.54 Lakh margin 26.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 70%
5 years · compounded
▲ 12%
EBITDA CAGR growth
3 years · compounded
▲ 115%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 70% growth 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 |
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| EBITDA | ₹47.54 Lakh | ||||
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| Net Profit (PAT) | ₹5.19 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 26.3% | ||||
| Net Profit Margin | 2.9% | ||||
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To see the full financial statements and ratios of Thocess Innovation Lab Limited, buy the company report.
Board of directors of Thocess Innovation Lab Limited
Thocess Innovation Lab has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pranali Pravin Sawarkar | Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Pravin Salvi Prakash Also directs: Research Scores LLP, Laitos Facility Management Services LLP, Pakasastram LLP and 4 more | Director | 02 Jul 2011 | 15 Years 3 Months | Current |
| Imtiyaz Niyaz Qureshi Also directs: Research Scores LLP | Director | 02 Jul 2011 | 15 Years 3 Months | Current |
| Sneha Sawarkar Uttam Also directs: Rangmanch Entertainment Private Limited | Director | 23 Feb 2015 | 11 Years 8 Months | Current |
Auditor
Thocess Innovation Lab Limited is audited by YOGESH S THAKKAR & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YOGESH S THAKKAR & ASSOCIATES | FY 2020 | 126179W |
Shareholding
The shareholding of Thocess Innovation Lab Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Thocess Innovation Lab Limited, buy the company report.
Legal cases
No court or tribunal cases involving Thocess Innovation Lab 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 Thocess Innovation Lab Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Thocess Innovation Lab has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Thocess Innovation Lab Limited, buy the company report.
Recent activity
Thocess Innovation Lab Limited has 5 board changes on record since 2011: 4 appointments and 1 cessation. The latest: Pranali Pravin Sawarkar ceased to be Additional Director on 30 Nov 2021.
AGM
Thocess Innovation Lab Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Thocess Innovation Lab Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Pranali Pravin Sawarkar ceased to be Additional Director.
Appointed
Pranali Pravin Sawarkar was appointed as Director.
Appointed
Sneha Sawarkar Uttam was appointed as Director.
Appointed
Imtiyaz Niyaz Qureshi was appointed as Director.
Appointed
Pravin Salvi Prakash was appointed as Director.
Incorporation
02 Jul 2011
Thocess Innovation Lab Limited was registered on 02 Jul 2011 with Roc Mumbai & aged 15 years 3 months as per MCA records.
Frequently asked questions
Thocess Innovation Lab is an active public limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 02 July 2011 (15+ years old) and is registered under CIN U74110MH2011PLC219351.
Thocess Innovation Lab has 4 current directors:
- Pranali Pravin Sawarkar - Director
- Pravin Salvi Prakash - Director
- Imtiyaz Niyaz Qureshi - Director
- Sneha Sawarkar Uttam - Director
The latest financial statements of Thocess Innovation Lab on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Thocess Innovation Lab has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Thocess Innovation Lab is U74110MH2011PLC219351. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thocess Innovation Lab was incorporated on 02 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Pranali Pravin Sawarkar ceased to be Additional Director on 30 Nov 2021. Pranali Pravin Sawarkar was appointed as Director on 01 Apr 2021. Sneha Sawarkar Uttam was appointed as Director on 23 Feb 2015. Thocess Innovation Lab has 5 board changes on record in total.
Yes, Thocess Innovation Lab is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0061246).
Thocess Innovation Lab can be reached through the website thocess.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Thocess Innovation Lab is at 304 Advent Atria Premises Csl Chincholi Bunder Road Chinchavali Mala, D West, Mumbai, Maharashtra, India – 400064.