About Highwaves Technologies Private Limited
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Highwaves Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the industrial maintenance and repair services segment of the engineering sector. It was incorporated on 05 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC126804. Its GSTIN is 29AAFCH0014B1ZA (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kalyanbrata Bandyopadhyay and Saswati Bandyopadhyay.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at #28 16th Main Road 38th Cross Jayanagar 4th T Block, Bangalore, Karnataka, India – 560041.
As per the financials filed for FY 2022, the company reported a revenue of ₹60.77 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹32.63 Lakh (net margin -53.7%) and EBITDA of -₹32.63 Lakh (EBITDA margin -53.7%).
For more details, the company can be reached via its website highwaves.in.
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- Registered Address#28 16th Main Road 38th Cross Jayanagar 4th T Block, Bangalore, Karnataka, India – 560041
- IndustryEngineering, Industrial Maintenance & Repair Services
- 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 Highwaves Technologies Private Limited
The main business activity of Highwaves Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Highwaves Technologies Private Limited FY 2022 filings available
Highwaves Technologies Private Limited reported revenue of ₹60.77 Lakh (down 42% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Highwaves Technologies Private Limited
Revenue fell 42% in the latest year. EBITDA fell 344% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Highwaves Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| 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 | -₹32.63 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹32.63 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 Highwaves Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -53.7% | •••• | •••• |
| Net Profit Margin | -53.7% | •••• | •••• |
| 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 Highwaves Technologies are in the company report.
Financial statements from FY 2020
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.
Peer Comparison of Highwaves Technologies Private Limited
Highwaves Technologies Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Maintenance 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 |
|---|---|---|---|---|---|---|
| I3 Secnsol Private Limited | ₹61.44 Lakh (FY 2021) | •••• | •••• | 212.0% | •••• | Chirala, Andhra Pradesh, India |
| Accessodisha Power Solutions Private Limited | ₹61.42 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | Bhubaneswar, Odisha, India |
| Munish Maintenance Services Private Limited | ₹61.14 Lakh (FY 2021) | •••• | •••• | 63.0% | •••• | Ahmedabad, Gujarat, India |
| Ace Metro Tech Private Limited | ₹61.1 Lakh (FY 2025) | •••• | •••• | 39.0% | •••• | Chennai, Tamil Nadu, India |
| Atom Lifts India Private Limited | ₹60.88 Lakh (FY 2025) | •••• | •••• | 477.0% | •••• | Chennai, Tamil Nadu, India |
| Highwaves Technologies Private Limited this company | ₹60.77 Lakh (FY 2022) | •••• | •••• | -42.0% | •••• | Bangalore, Karnataka, India |
| Moonlight Estate Private Limited | ₹60.5 Lakh (FY 2024) | •••• | •••• | 35.0% | •••• | New Delhi, Delhi, India |
| Jay Novatech Private Limited | ₹60.46 Lakh (FY 2024) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| V T Electromech Private Limited | ₹60.35 Lakh (FY 2024) | •••• | •••• | 116.0% | •••• | Studiokurlawest, Maharashtra, India |
| Chembolaparambu General Engineers Private Limited | ₹60.33 Lakh (FY 2017) | •••• | •••• | 816.0% | •••• | Kochi, Kerala, India |
| Sheer Maintenance Services Private Limited | ₹60.11 Lakh (FY 2025) | •••• | •••• | 810.0% | •••• | Chandigarh, India |
Peers are the five companies nearest above and the five nearest below Highwaves Technologies by revenue in the Engineering industry (Maintenance Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Highwaves Technologies Private Limited
Highwaves Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalyanbrata Bandyopadhyay | Director | 05 Aug 2019 | 7 Years 2 Months | Current |
| Saswati Bandyopadhyay | Director | 05 Aug 2019 | 7 Years 2 Months | Current |
Charges & Borrowings of Highwaves Technologies Private Limited
Highwaves Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Highwaves Technologies Private Limited
Employment history and EPFO contributions of people linked to Highwaves Technologies.
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 Highwaves Technologies Private Limited
Highwaves Technologies Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Kalyanbrata Bandyopadhyay was appointed as Director on 05 Aug 2019.
Credit Ratings, Litigation & Regulatory Alerts for Highwaves Technologies 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 Highwaves Technologies 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 Highwaves Technologies 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 Highwaves Technologies Private Limited
Highwaves Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCH0014B1ZA | Karnataka | Active | 28 Aug 2019 |
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 Highwaves Technologies 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 Highwaves Technologies Private Limited
Highwaves Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial maintenance and repair services, within the engineering industry. It was incorporated on 05 August 2019 (7+ years old) and is registered under CIN U72900KA2019PTC126804.
Highwaves Technologies reported revenue of ₹60.77 Lakh for FY 2022 (down 42% YoY).
Highwaves Technologies has 2 current directors:
- Kalyanbrata Bandyopadhyay - Director
- Saswati Bandyopadhyay - Director
Highwaves Technologies reported a net loss of ₹32.63 Lakh (net margin -53.7%) and EBITDA of -₹32.63 Lakh (EBITDA margin -53.7%) for FY 2022, as per its filed financial statements.
The GSTIN of Highwaves Technologies is 29AAFCH0014B1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Highwaves Technologies is U72900KA2019PTC126804. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Highwaves Technologies was incorporated on 05 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Highwaves Technologies by revenue are I3 Secnsol Private Limited, Accessodisha Power Solutions Private Limited, Munish Maintenance Services Private Limited, Ace Metro Tech Private Limited, Atom Lifts India Private Limited and 5 more, all in the Engineering industry (Maintenance Services).
Kalyanbrata Bandyopadhyay was appointed as Director on 05 Aug 2019. Saswati Bandyopadhyay was appointed as Director on 05 Aug 2019.
Yes, Highwaves Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Highwaves Technologies can be reached through the website highwaves.in. Its registered office is in Bangalore, Karnataka, India.