Thirdwave Financial Intermediaries Ltd.

Provides financial services and operates in food and beverage processing.

1989 | North 24 Parganas, West Bengal (India) | Active
Last Updated: July 10, 2024

Thirdwave Financial Intermediaries Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 35.81 Cr
  • Company Age 35 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -21.46%
  • Profit Growth -256.14%
  • Ebitda -207.46%
  • Net Worth -10.62%
  • Total Assets -6.64%

About Thirdwave Financial Intermediaries

Thirdwave Financial Intermediaries Ltd. (TFIL) is a Public Limited Indian Non-Government Company incorporated in India on 16 May 1989 and has a history of 35 years and eight months. Its registered office is in North 24 Parganas, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531652.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 35.81 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Thirdwave Financial Intermediaries Ltd. India are Deepak Kumbhar as CFO and Nisha Jain as Company Secretary. Bhavesh Vora, Amey Shringare, Ekta Panchal, and Two other members serve as directors at the Company.

Company Details

  • Location

    North 24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L15100WB1989PLC046886

  • Company No.

    046886

  • Stock Symbol

    BSE : 531652

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 May 1989

  • Date of AGM

    21 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Financial Services
Food and Beverages

Who are the key members and board of directors at Thirdwave Financial Intermediaries?

Executive Team (3)

Name Designation Appointment Date Status
Utkarsh Vartak Country flag representing Au Managing Director 03-Aug-2023 Current
Deepak Kumbhar CFO 08-Aug-2023 Current
Nisha Jain Company Secretary 08-Aug-2023 Current

Board Members (4)

Name Designation Appointment Date Status
Bhavesh Vora Country flag representing In Director 08-Aug-2023 Current
Amey Shringare Country flag representing In Additional Director 20-Oct-2023 Current
Ekta Panchal Country flag representing In Director 08-Aug-2023 Current
Rashmi Vartak Country flag representing In Whole-Time Director 03-Aug-2023 Current

Financial Performance of Thirdwave Financial Intermediaries.

Thirdwave Financial Intermediaries Ltd., for the financial year ended 2023, experienced significant reduction in revenue, with a 21.46% decrease. The company also saw a substantial fall in profitability, with a 256.14% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.62%.

Graph illustrating revenue growth over time
Graph showing 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
-21.46%
Revenue from Operations
-23.37%
Total Assets
-6.64%
Profit or Loss
-256.14%
Net Worth
-10.62%
EBITDA
-207.46%

What is the Ownership and Shareholding Structure of Thirdwave Financial Intermediaries?

In 2022, Thirdwave Financial Intermediaries had a promoter holding of 45.66% and a public holding of 54.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Thirdwave Financial Intermediaries?

Unlock and access historical data on people associated with Thirdwave Financial Intermediaries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Thirdwave Financial Intermediaries, 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 Thirdwave Financial Intermediaries'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 Thirdwave Financial Intermediaries

Recent activity within the organization

  • Director Appointment

    Amey Gajanan Shringare was appointed as a Additional Director was appointed as a Additional Director on 20 Oct 2023 & has been associated with this company since 1 year 3 months .

    20 Oct 2023

  • Annual General Meeting

    Thirdwave Financial Intermediaries Ltd. last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.

    21 Sep 2023

  • Director Appointment

    Bhavesh Prabhudas Vora was appointed as a Director was appointed as a Director on 08 Aug 2023 & has been associated with this company since 1 year 5 months .

    08 Aug 2023

  • Director Appointment

    Deepak Kumar Baldev Kumbhar was appointed as a Cfo was appointed as a Cfo on 08 Aug 2023 & has been associated with this company since 1 year 5 months .

    08 Aug 2023

  • Director Appointment

    Nisha Jain was appointed as a Company Secretary was appointed as a Company Secretary on 08 Aug 2023 & has been associated with this company since 1 year 5 months .

    08 Aug 2023

  • Director Appointment

    Ekta Mahesh Panchal was appointed as a Director was appointed as a Director on 08 Aug 2023 & has been associated with this company since 1 year 5 months .

    08 Aug 2023

Frequently asked questions

  • Thirdwave Financial Intermediaries Ltd. was incorporated on 16 May 1989.

  • The authorized share capital of Thirdwave Financial Intermediaries Ltd. is ₹ 40.00 Cr and paid-up capital is ₹ 35.81 Cr.

  • Currently 7 directors are associated with Thirdwave Financial Intermediaries Ltd..

    • Bhavesh Prabhudas Vora
    • Deepak Kumar Baldev Kumbhar
    • Nisha Jain
    • Amey Gajanan Shringare
    • Ekta Mahesh Panchal
    • Rashmi Chandrakant Vartak
    • Utkarsh Vartak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Thirdwave Financial Intermediaries Ltd. is Unit-601 Ambuja Neotia Ecocentre, Em-4 Em Block Sector V, Kolkata, West Bengal, India, 700091.

  • The corporate identification number (CIN) of Thirdwave Financial Intermediaries Ltd. is L15100WB1989PLC046886 and the company number is 046886 as per Ministry of Corporate Affairs (MCA).

  • Yes, Thirdwave Financial Intermediaries Ltd. is registered on Bombay Stock Exchange (BSE).

  • The Official website of Thirdwave Financial Intermediaries Ltd. is https://www.twfil.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Thirdwave Financial Intermediaries Ltd. has fallen by -21.46%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Thirdwave Financial Intermediaries Ltd. has experienced an downturn of -10.62%.

  • The most recent Balance Sheet for Thirdwave Financial Intermediaries Ltd. was filed with the ROC on 31 Mar 2023.

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