Eco Wave Trade Private Limited
About Eco Wave Trade Private Limited
Data last updated:
Eco Wave Trade Private Limited is a private limited company based in Meerut, Uttar Pradesh, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 23 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U70102UP2011PTC047590.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vineet Guglani and Abhinav Rastogi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 429/6 Shastri Nagar, Meerut, Uttar Pradesh, India – 250004.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.16 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Lakh (net margin 0.9%) and EBITDA of ₹1.32 Lakh (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 22% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address429/6 Shastri Nagar, Meerut, Uttar Pradesh, India – 250004
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
Business Activity of Eco Wave Trade Private Limited
The main business activity of Eco Wave Trade is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Eco Wave Trade Private Limited FY 2023 filings available
Eco Wave Trade Private Limited reported revenue of ₹1.16 Cr (down 15% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Eco Wave Trade Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 15% fall in the latest year. EBITDA fell 10% 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 Eco Wave Trade 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 | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.32 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.02 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Eco Wave Trade Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 Eco Wave Trade 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.
Board of Directors of Eco Wave Trade Private Limited
Eco Wave Trade has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vineet Guglani | Additional Director | 18 Jul 2017 | 9 Years 3 Months | Current |
| Abhinav Rastogi | Additional Director | 18 Jul 2017 | 9 Years 3 Months | Current |
Peer Comparison of Eco Wave Trade Private Limited
Eco Wave Trade Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sanchay Greentech Private Limited | ₹1.16 Cr (FY 2024) | •••• | •••• | -81.0% | •••• | Yavatmal, Maharashtra, India |
| Octane Mobility Services Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 26700.0% | •••• | Gurgaon, Haryana, India |
| Camomile Healthcare Ventures Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | -50.0% | •••• | Chennai, Tamil Nadu, India |
| Mohinder Puri and Company Private Limted | ₹1.16 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | New Delhi, Delhi, India |
| Parker Lane India Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 250.0% | •••• | Mumbai, Maharashtra, India |
| Eco Wave Trade Private Limited this company | ₹1.16 Cr (FY 2023) | •••• | •••• | -15.0% | •••• | Meerut, Uttar Pradesh, India |
| Inkwest Management Consultant India Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Kolkata, West Bengal, India |
| Mindscope Services Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 249.0% | •••• | Nagpur, Maharashtra, India |
| Yogita Software Marketing Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| Infinity Marketing Services Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | -65.0% | •••• | New Delhi, Delhi, India |
| The Jorehaut Tea Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Assam, India |
Peers are the five companies nearest above and the five nearest below Eco Wave Trade by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Eco Wave Trade Private Limited
Eco Wave Trade Private Limited is audited by RASTOGI AND SINGHAL for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RASTOGI AND SINGHAL | 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.
Ownership and Shareholding of Eco Wave Trade 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 Eco Wave Trade Private Limited
Eco Wave Trade Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Eco Wave Trade Private Limited
Employment history and EPFO contributions of people linked to Eco Wave Trade.
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.
Recent Activity on Eco Wave Trade Private Limited
Eco Wave Trade Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Anita Singh ceased to be Director on 23 Nov 2017.
Credit Ratings, Litigation & Regulatory Alerts for Eco Wave Trade 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 Eco Wave Trade 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 Eco Wave Trade 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.
GST Compliance of Eco Wave Trade Private Limited
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.
MCA Filings & Documents of Eco Wave Trade 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.
Frequently Asked Questions about Eco Wave Trade Private Limited
Eco Wave Trade is an active private limited company based in Meerut, Uttar Pradesh, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 23 November 2011 (15+ years old) and is registered under CIN U70102UP2011PTC047590.
Eco Wave Trade reported revenue of ₹1.16 Cr for FY 2023 (down 15% YoY).
Eco Wave Trade has 2 current directors:
- Vineet Guglani - Additional Director
- Abhinav Rastogi - Additional Director
Eco Wave Trade reported a net profit of ₹1.02 Lakh (net margin 0.9%) and EBITDA of ₹1.32 Lakh (EBITDA margin 1.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Eco Wave Trade is -33% over three years and -22% over five years. In the latest year (FY 2023) revenue fell 15%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Eco Wave Trade is U70102UP2011PTC047590. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eco Wave Trade was incorporated on 23 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Eco Wave Trade by revenue are Sanchay Greentech Private Limited, Octane Mobility Services Private Limited, Camomile Healthcare Ventures Private Limited, Mohinder Puri and Company Private Limted, Parker Lane India Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Anita Singh ceased to be Director on 23 Nov 2017. Abhinav Rastogi was appointed as Additional Director on 18 Jul 2017. Kunal Singh ceased to be Director on 18 Jul 2017. Eco Wave Trade has 4 board changes on record in total.
The registered office of Eco Wave Trade is at 4296 Shastri Nagar, Meerut, Uttar Pradesh, India – 250004.
Eco Wave Trade has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.