About Thoughtwave Info Systems India Private Limited
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Thoughtwave Info Systems India Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 19 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U70100AP2014PTC095093. Its GSTIN is 37AAFCT0936J1Z5 (Andhra Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kunta Vijaya Lakshmi and Sopana Dasari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Visakhapatnam, Andhra Pradesh.
As per the financials filed for FY 2023, the company reported a revenue of ₹22.75 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.04 Cr (net margin 4.6%) and EBITDA of -₹63.86 Lakh (EBITDA margin -2.8%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 43% over five years.
The company has about 74 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Thoughtwave. As per MCA filings, the company has open charges of ₹1.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thoughtwavesoft.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
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- Registered Address3rd Floor (Suite No.4) Vuda Complex (Oppeenadu) Apeita Business Facilitation Centre Seet, Hammadhara, Visakhapatnam, Andhra Pradesh, India – 530013
- IndustryInformation Technology, Software Development & Support Services
- 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
- One PDF report, delivered after checkout
CIN History of Thoughtwave Info Systems India Private Limited
Thoughtwave Info Systems India has one previous CIN (Corporate Identification Number): U72200AP2014PTC095093. The current CIN is U70100AP2014PTC095093, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100AP2014PTC095093 | Current |
| U72200AP2014PTC095093 | Previous |
Associated Brands with Thoughtwave Info Systems India Private Limited
Thoughtwave Info Systems India operates one associated brand: Thoughtwave. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT staffing, web development, cloud migration, and SEO services to companies worldwide. | thoughtwavesoft.com |
Competitors & Alternatives of Thoughtwave Info Systems India Private Limited
Brands and companies operating in the same space as Thoughtwave Info Systems India Private Limited include ASGN, Motion Recruitment, PeopleReign and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 ASGN | IT staffing and digital marketing services are provided to clients. | Calabasas, United States | 1985 |
 Motion Recruitment | IT staffing services are provided for technology professionals nationwide. | Atlanta, United States | 1989 |
 PeopleReign | HR recruitment services are provided to support talent acquisition needs. | San Jose, United States | 2020 |
 Triple Crown | Provider of IT recruitment services | Austin, United States | 2004 |
 Optomi | IT talent services are provided by Optomi for technology projects. | Atlanta, United States | 2012 |
 Ascendum | IT and HR services are delivered across key industries. | Blue Ash, United States | 2008 |
 Codeworks | IT consulting and staffing services are provided by Codeworks. | Milwaukee, United States | 1995 |
 AETEA | Provider of IT staffing services | Rockville, United States | 1979 |
 Tenth Revolution Group | IT recruitment services are provided for technology professionals. | New York, United States | 2006 |
Auditor Details of Thoughtwave Info Systems India Private Limited
Thoughtwave Info Systems India Private Limited is audited by BHASKARA RAO & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BHASKARA RAO & 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 Thoughtwave Info Systems India Private Limited
Thoughtwave Info Systems India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunta Vijaya Lakshmi Also directs: Swarmhr Labs Infosystems Private Limited | Director | 19 Aug 2014 | 12 Years 1 Months | Current |
| Sopana Dasari | Director | 19 Aug 2014 | 12 Years 1 Months | Current |
Financials of Thoughtwave Info Systems India Private Limited FY 2024 filings available
Thoughtwave Info Systems India Private Limited reported revenue of ₹22.75 Cr (up 12% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Thoughtwave Info Systems India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 12% 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 of Thoughtwave Info Systems India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹22.75 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹63.86 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.04 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Thoughtwave Info Systems India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.6% | •••• | •••• | •••• | •••• |
| 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 Thoughtwave Info Systems India 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.
Ownership and Shareholding of Thoughtwave Info Systems India 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 Thoughtwave Info Systems India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2023 | Hdfc Bank Limited | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Thoughtwave Info Systems India Private Limited
Thoughtwave Info Systems India Private Limited has a workforce of 74 employees as of Apr 08, 2024.
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.
GST Compliance of Thoughtwave Info Systems India Private Limited
Thoughtwave Info Systems India has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAFCT0936J1Z5 | Andhra Pradesh | Active | 27 Nov 2017 |
| 36AAFCT0936J1Z7 | Telangana | Active | 03 Dec 2019 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Thoughtwave Info Systems India 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 Thoughtwave Info Systems India 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 Thoughtwave Info Systems India 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.
MCA Filings & Documents of Thoughtwave Info Systems India 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.
Recent Activity on Thoughtwave Info Systems India Private Limited
Frequently Asked Questions about Thoughtwave Info Systems India Private Limited
Thoughtwave Info Systems India is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in software development and support services, within the information technology industry. It was incorporated on 19 August 2014 (12+ years old) and is registered under CIN U70100AP2014PTC095093.
Thoughtwave Info Systems India reported revenue of ₹22.75 Cr for FY 2023 (up 12% YoY).
Thoughtwave Info Systems India has 2 current directors:
- Kunta Vijaya Lakshmi - Director
- Sopana Dasari - Director
Thoughtwave Info Systems India reported a net profit of ₹1.04 Cr (net margin 4.6%) and EBITDA of -₹63.86 Lakh (EBITDA margin -2.8%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thoughtwave Info Systems India is 42% over three years and 43% over five years. In the latest year (FY 2023) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Thoughtwave Info Systems India is 37AAFCT0936J1Z5, registered in Andhra Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 36AAFCT0936J1Z7 (Telangana).
The CIN (Corporate Identification Number) of Thoughtwave Info Systems India is U70100AP2014PTC095093. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thoughtwave Info Systems India was incorporated on 19 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Vijayawada.
Thoughtwave Info Systems India can be reached through the website thoughtwavesoft.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.