Thinkcircuit Technologies Private Limited - Due diligence report

A 360° intelligence report on Thinkcircuit Technologies: trust score, financial health, credit view, compliance, directors, growth and distr…

2010-02-19 Bangalore, Karnataka Active Unlisted Active Compliant
TT Thinkcircuit Technologies Private Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹449 Save ₹251 excl. GST
Or from ₹279/report with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Thinkcircuit Technologies — 360° Intelligence Report

Generated from MCA filings & public records
77/100
Trust Score
Low Risk

Thinkcircuit Technologies is assessed as Low Risk with a Trust Score of 77/100. Thinkcircuit Technologies is an active private limited indian non-government company incorporated in 2010, operating in the Information Technology sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and high financial risk profile.

Report generated on 15 Jul 2026 from the latest processed filings. Thinkcircuit Technologies Private Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
77/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
88/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
40/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
20/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
65/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 20/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 38%).

Charges position: 1 open (1.28 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Canara Bank1 48.0 cr
Compliance Score: 88/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
NAZIRAHMED SULEIMAN TOLAGI 01234567 Director 01/04/2018 6 yrs Approved
GAJANANA PALAKAR 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2020 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
4 allotment(s) · 0 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 65 · Distress 75
Growth signals & trust indicators
Steady revenue growth: +1.42 over 4 year(s).
Asset base grew 2.1x - capacity expansion.
Operating for 16+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
1 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence81/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment43/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 1.28 cr already registered.
  • Compliance record supports lending.
Investor view59/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 2 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 14 events
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
02 Nov 2019
Director ceased
RAVIKUMAR VEERUPAKSHAPPA SAJJAN
31 Oct 2019
Director ceased
SANTOSH BHIMAPPA NAGANUR
12 Nov 2018
Director ceased
SRINIVAS PAREGOWDA
01 Oct 2014
Charge created
Canara Bank - 1.28 cr
15 Apr 2013
Securities allotted
3750 Equity Shares Without Differential Rights - 5.50 Lakh raised
Securities allotted
24750 Equity Shares Without Differential Rights - 16.50 Lakh raised
28 Dec 2012
Securities allotted
3750 Equity Shares Without Differential Rights - 5.50 Lakh raised
08 Oct 2012
Securities allotted
24750 Equity Shares Without Differential Rights - 16.50 Lakh raised
28 Sep 2012
Director ceased
GAJANANA PALAKAR
18 Nov 2011
Director appointed
GAJANANA PALAKAR (Director)
19 Feb 2010
Incorporated
Registered with Roc Bangalore
Director appointed
NAZIRAHMED SULEIMAN TOLAGI (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
2 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2020 annual return.
Capital has been raised through 4 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Bharath Innovation Labs Private Limited U72200TG2006PTC050805 Hyd, Telangana, India
Ip Core Solutions (India) Private Limited U72200TG1992PTC014061 Hyderabad, Telangana, India
Eliga Innovative Services Private Limited U72200KA2016PTC085604 J P Nagar, Karnataka, India
Altruistindia U72200DL1994PTC181176 Delhi, Delhi, India
Firsthandle U72300UP2016PTC077283 Noida, Uttar Pradesh, India
Paccore Solutions U72200TG2014PTC092953 Ranga Reddy Distrcit, Telangana, India
Brictech Software Private Limited U72900PN2014PTC152583 Pune, Maharashtra, India
Talocity U74900DL2015PTC280814 New Delhi, Delhi, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Thinkcircuit Technologies before audits and certifications: compliance score 88/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Thinkcircuit Technologies: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 20/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 65/100, margin trends, ownership structure and peer set for Thinkcircuit Technologies - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 77/100, distress signals and MSME payment-delay disclosures - know whether Thinkcircuit Technologies pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Thinkcircuit Technologies - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Thinkcircuit Technologies an active company?

Thinkcircuit Technologies has MCA status “Active” with a compliance score of 88/100 (Low Risk).

Is Thinkcircuit Technologies financially healthy?

Thinkcircuit Technologies has a Financial Health Score of 40/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Thinkcircuit Technologies?

Its overall Trust Score is 77/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Thinkcircuit Technologies?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 2 active director(s) are on record.

Does Thinkcircuit Technologies have loans or charges against its assets?

1 open charge(s) are registered against its assets.

Is Thinkcircuit Technologies up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 88/100 (Low Risk).

Is it risky to lend to Thinkcircuit Technologies?

Its Credit Risk Score is 20/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.