Tiw Systems Private Limited
About Tiw Systems Private Limited
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Tiw Systems Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the telecom service providers segment of the telecommunications sector. It was incorporated on 30 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U64200GJ1999PTC036363.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kalpesh Solanki and Manthan Bipinbhai Doshi.
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 9th Floor Shitiratha Nrpanchwati Circle Off C G Road, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.74 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15.63 Cr (net margin 88.2%) and EBITDA of ₹17.65 Cr (EBITDA margin 99.5%). Revenue has grown at a compounded annual rate (CAGR) of 500% over three years and 623% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Tiw Systems Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address9th Floor Shitiratha Nrpanchwati Circle Off C G Road, Ahmedabad, Gujarat, India – 380006
- IndustryTelecom, Telecom Service Providers
To see the full contact details of Tiw Systems Private Limited, 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
Financials of Tiw Systems Private Limited
FY 2024 filings availableTiw Systems Private Limited reported revenue of ₹17.74 Cr (up 938% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 623% over five years, including 938% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹17.65 Cr | ||||
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| Net Profit (PAT) | ₹15.63 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 99.5% | ||||
| Net Profit Margin | 88.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Tiw Systems Private Limited, buy the company report.
Board of directors of Tiw Systems Private Limited
Tiw Systems has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpesh Solanki Also directs: Sakira Finance Limited | Additional Director | 08 Jul 2020 | 6 Years 4 Months | Current |
| Manthan Bipinbhai Doshi | Additional Director | 14 Mar 2020 | 6 Years 7 Months | Current |
Peer comparison
Tiw Systems Private Limited is compared with the 6 companies closest to it by revenue in the Telecom industry (Telecom Service Providers), with the same principal business activity (broadcasting and programming activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gsma Services India Private Limited | ₹18.32 Cr (FY 2025) | 30.0% | New Delhi, Delhi, India | |||
| Fiberstory Communications Private Limited | ₹18.1 Cr (FY 2024) | -23.0% | Pune, Maharashtra, India | |||
| Reliable Comnet Private Limited. | ₹18.03 Cr (FY 2024) | 23.0% | Noida, Uttar Pradesh, India | |||
| Tiw Systems Private Limitedthis company | ₹17.74 Cr (FY 2024) | ₹15.63 Cr | 88.2% | 938.0% | Ahmedabad, Gujarat, India | |
| Golden Rabbit Communications Private Limited | ₹17.31 Cr (FY 2025) | -31.0% | New Delhi, Delhi, India | |||
| Veeno Communications Private Limited | ₹17.14 Cr (FY 2025) | 96.0% | Bangalore, Karnataka, India | |||
| Handa Connect Private Limited | ₹16.82 Cr (FY 2024) | 7.0% | Sri Ganganagar, Rajasthan, India |
To see the full peer comparison of Tiw Systems Private Limited, buy the company report.
Auditor
Tiw Systems Private Limited is audited by Dilip N Shah & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dilip N Shah & Co. | FY 2022 | 102568W |
Shareholding
The shareholding of Tiw Systems Private Limited 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 Tiw Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tiw Systems Private 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 Tiw Systems Private Limited; 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 Tiw Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tiw Systems Private Limited has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Dhrumil Vinod Kumar Toshniwal was appointed as Additional Director on 27 Dec 2024.
Frequently asked questions
Tiw Systems is an active private limited company based in Ahmedabad, Gujarat, India. The company works in telecom service providers, within the telecom industry. It was incorporated on 30 July 1999 (27+ years old) and is registered under CIN U64200GJ1999PTC036363.
Tiw Systems has 2 current directors:
- Kalpesh Solanki - Additional Director
- Manthan Bipinbhai Doshi - Additional Director
The latest financial statements of Tiw Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Tiw Systems is U64200GJ1999PTC036363. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tiw Systems was incorporated on 30 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Tiw Systems by revenue are Gsma Services India Private Limited, Fiberstory Communications Private Limited, Reliable Comnet Private Limited, Golden Rabbit Communications Private Limited, Veeno Communications Private Limited and 1 more, all in the Telecom industry (Telecom Service Providers), with the same principal business activity (broadcasting and programming activities).
Dhrumil Vinod Kumar Toshniwal was appointed as Additional Director on 27 Dec 2024. Kalpesh Solanki was appointed as Additional Director on 08 Jul 2020. Pankil Jitendrakumar Chokshi ceased to be Additional Director on 08 Jul 2020. Tiw Systems has 6 board changes on record in total.
The registered office of Tiw Systems is at 9th Floor Shitiratha Nrpanchwati Circle Off C G Road, Ahmedabad, Gujarat, India – 380006.
Tiw Systems operates in the telecom industry, in the telecom service providers segment.
The compliance status of Tiw Systems is compliant as of 30 July 2026. The company is actively filing with the Registrar of Companies.
Tiw Systems can be reached at its registered office: 9th Floor Shitiratha Nrpanchwati Circle Off C G Road, Ahmedabad, Gujarat, India – 380006.
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