Thirdware Solution Limited

Global technology company offering ERP, BI, and BPM services with worldwide offices and delivery centers.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated:

Thirdware Solution Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 4.70 Cr
  • Company Age 29 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 113.81 Cr
  • Revenue Growth 31.88%
  • Profit Growth 40.23%
  • Ebitda 50.46%
  • Net Worth 15.88%
  • Total Assets 11.87%

About Thirdware Solution

Thirdware Solution Limited (TSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 June 1995 and has a history of 29 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Thirdware Solution Private Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 8.00 Cr and a paid-up capital of Rs 4.70 Cr.

The company has closed loans amounting to ₹113.81 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Nalin Mittal, Padala Rao, and Heena Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900MH1995PLC089765

  • Company No.

    089765

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 1995

  • Date of AGM

    15 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Thirdware Solution Limited offer?

Thirdware Solution Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions.

Who are the key members and board of directors at Thirdware Solution?

Board Members (3)

NameDesignationAppointment DateStatus
Nalin Mittal Country flag representing In Director 03-Jun-2022Current
Padala Rao Country flag representing In Director 09-Feb-2023Current
Heena Shah Country flag representing In Director 18-Apr-2024Current

Financial Performance of Thirdware Solution.

Thirdware Solution Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 31.88% increase. The company also saw a substantial improvement in profitability, with a 40.23% increase in profit. The company's net worth Soared by an impressive increase of 15.88%.

Thirdware Solution revenue growth over time
Thirdware Solution profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
31.88%
Revenue from Operations
36.01%
Total Assets
11.87%
Profit or Loss
40.23%
Net Worth
15.88%
EBITDA
50.46%

What is the Ownership and Shareholding Structure of Thirdware Solution?

In 2022, Thirdware Solution had a promoter holding of 67.33% and a public holding of 32.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹113.81 Cr

Charges Breakdown by Lending Institutions

  • Others : 56.25 Cr
  • Citi Bank N.A. : 37.56 Cr
  • Hdfc Bank Limited : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jun 2021Others₹18.75 CrSatisfied
03 Feb 2021Others₹18.75 CrSatisfied
07 Oct 2015Citi Bank N.A.₹25.56 CrSatisfied
18 May 2015Others₹18.75 CrSatisfied
16 Mar 2015Hdfc Bank Limited₹20.00 CrSatisfied

How Many Employees Work at Thirdware Solution?

Thirdware Solution has a workforce of 621 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Thirdware Solution Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Thirdware Solution, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Thirdware Solution's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Thirdware Solution

Recent activity within the organization

  • Annual General Meeting

    Thirdware Solution Limited last Annual general meeting of members was held on 15 Jul 2024 as per latest MCA records.

  • Director Appointment

    Heena Nikhil Shah was appointed as a Director was appointed as a Director on 18 Apr 2024 & has been associated with this company since 11 months 15 days .

  • Balance Sheet

    Thirdware Solution Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 07 Oct 2015 via Charge ID 10624485 with Citi Bank N.A. was fully satisfied on 19 Jun 2023.

  • Director Appointment

    Padala Ramkrishna Rao was appointed as a Director was appointed as a Director on 09 Feb 2023 & has been associated with this company since 2 years 1 month .

  • Charges

    A charge registered on 03 Jun 2021 via Charge ID 100453020 with Others was fully satisfied on 27 Dec 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Thirdware Solution Limited?

    Thirdware Solution Limited was incorporated on 20 Jun 1995.

  • What is authorized share capital and paid-up capital of Thirdware Solution Limited?

    The authorized share capital of Thirdware Solution Limited is ₹ 8.00 Cr and paid-up capital is ₹ 4.70 Cr.

  • Who are the current board members & directors of Thirdware Solution Limited?

    Currently 3 directors are associated with Thirdware Solution Limited.

    • Nalin Mittal
    • Padala Ramkrishna Rao
    • Heena Nikhil Shah

  • What is the registered address of Thirdware Solution Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Thirdware Solution Limited is Oberoi Garden Estate Near Chandivali Studio Wing-I Andheri (E), India, Mumbai, Maharashtra, 400072.

  • What is the corporate identification number (CIN) and company number of Thirdware Solution Limited?

    The corporate identification number (CIN) of Thirdware Solution Limited is U72900MH1995PLC089765 and the company number is 089765 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Thirdware Solution Limited?

    The Official website of Thirdware Solution Limited is https://www.thirdware.com

  • What has been the recent revenue trend for Thirdware Solution Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Thirdware Solution Limited has risen by 31.88%.

  • How many employees does Thirdware Solution Limited currently have?

    As Per 2022 financial reports, 621 employees are currently employed by Thirdware Solution Limited.

  • What change has been observed in the net worth of Thirdware Solution Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Thirdware Solution Limited has experienced an upsurge of 15.88%.

  • When was the last Balance Sheet of Thirdware Solution Limited filed with the ROC?

    The most recent Balance Sheet for Thirdware Solution Limited was filed with the ROC on 31 Mar 2024.

People also Viewed