
About Thoughtapult Innovations Private Limited
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Thoughtapult Innovations Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the technical services segment of the professional services sector. It was incorporated on 09 July 2013.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72400KA2013PTC070057. Its GSTIN is 29AAECT6882E1ZX (Karnataka).
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors Sanjay Prasad and Sanjay Khushal Jotwani.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at # 24 2nd Floor Haudin Road Ulsoor, Bangalore, Karnataka, India – 560042.
As per the financials filed for FY 2020, the company reported a revenue of ₹11,155, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹3.65 Lakh and EBITDA of -₹3.65 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 86% over three years.
The last known website on record is thoughtapult.com.
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- Registered Address# 24 2nd Floor Haudin Road Ulsoor, Bangalore, Karnataka, India – 560042
- IndustryProfessional Services, Technical, Personal, Scientific
- 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 Thoughtapult Innovations Private Limited FY 2020 filings available
Thoughtapult Innovations Private Limited reported revenue of ₹11,155 (down 69% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Thoughtapult Innovations Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 86% over three years, including a 69% fall 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 Thoughtapult Innovations Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | -₹3.65 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.65 Lakh | •••• | •••• | •••• | •••• |
| 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 of Thoughtapult Innovations Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Thoughtapult Innovations are in the company report.
Financial statements from 2015
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.
Peer Comparison of Thoughtapult Innovations Private Limited
Thoughtapult Innovations Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Starbot Systems Private Limited | ₹11,760 (FY 2025) | •••• | •••• | -96.0% | •••• | Hyderabad, Telangana, India |
| Command Suites Private Limited | ₹11,400 (FY 2021) | •••• | •••• | 24.0% | •••• | Bangalore, Karnataka, India |
| Prince Soft Solutions Private Limited | ₹11,400 (FY 2018) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Wereach IT Private Limited | ₹11,348 (FY 2020) | •••• | •••• | •••• | Khammam, Telangana, India | |
| Ba IT Consulting Private Limited | ₹11,310 (FY 2025) | •••• | •••• | -100.0% | •••• | Navi Mumbai, Maharashtra, India |
| Thoughtapult Innovations Private Limited this company | ₹11,155 (FY 2020) | •••• | •••• | -69.0% | •••• | Bangalore, Karnataka, India |
| Softline Consultancy Services Private Limited | ₹11,007 (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Supreme Infocom Private Limited | ₹11,000 (FY 2025) | •••• | •••• | -96.0% | •••• | Ludhiana, Punjab, India |
| JMD Software Solutions Private Limited | ₹11,000 (FY 2018) | •••• | •••• | •••• | Delhi, India | |
| Azesavant Software Solutions Private Limited | ₹10,900 (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Nihs Technosoft Limited | ₹10,900 (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Thoughtapult Innovations by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Thoughtapult Innovations Private Limited
Thoughtapult Innovations Private Limited is audited by CHETAN NALWAR & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHETAN NALWAR & ASSOCIATES | 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 Thoughtapult Innovations Private Limited
Thoughtapult Innovations 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 |
|---|---|---|---|---|
| Sanjay Prasad | Director | 09 Jul 2013 | 13 Years 3 Months | As last reported |
| Sanjay Khushal Jotwani | Director | 08 Dec 2016 | 9 Years 10 Months | As last reported |
Ownership and Shareholding of Thoughtapult Innovations 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 Thoughtapult Innovations Private Limited
Thoughtapult Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Thoughtapult Innovations Private Limited
Employment history and EPFO contributions of people linked to Thoughtapult Innovations.
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.
Recent Activity on Thoughtapult Innovations Private Limited
Thoughtapult Innovations Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Sanjay Khushal Jotwani ceased to be Additional Director on 30 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Thoughtapult Innovations 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 Thoughtapult Innovations 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 Thoughtapult Innovations 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.
GST Compliance of Thoughtapult Innovations Private Limited
Thoughtapult Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECT6882E1ZX | Karnataka | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Thoughtapult Innovations 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.
Frequently Asked Questions about Thoughtapult Innovations Private Limited
Thoughtapult Innovations has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Thoughtapult Innovations was a private limited company based in Bangalore, Karnataka, India. The company worked in technical, within the professional services industry. It was incorporated on 09 July 2013 and is registered under CIN U72400KA2013PTC070057. The company has been struck off by the Registrar of Companies and is no longer operational.
Thoughtapult Innovations had 2 directors:
- Sanjay Prasad - Director
- Sanjay Khushal Jotwani - Director
The CIN (Corporate Identification Number) of Thoughtapult Innovations is U72400KA2013PTC070057. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Thoughtapult Innovations is at # 24 2nd Floor Haudin Road Ulsoor, Bangalore, Karnataka, India – 560042.
Thoughtapult Innovations was incorporated on 09 July 2013. It is registered with the Registrar of Companies, Bangalore.
Thoughtapult Innovations can be reached through the website thoughtapult.com. Its registered office is in Bangalore, Karnataka, India.
Thoughtapult Innovations reported revenue of ₹11,155 for FY 2020 (down 69% YoY).
Thoughtapult Innovations has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh.
Thoughtapult Innovations reported a net loss of ₹3.65 Lakh and EBITDA of -₹3.65 Lakh for FY 2020, as per its filed financial statements.
The GSTIN of Thoughtapult Innovations is 29AAECT6882E1ZX, registered in Karnataka.