About Innowave E-Ventures Private Limited
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Innowave E-Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 27 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52100KA2012PTC067416.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vandita Dar and Ashish Dar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat Ff1 Zaanz Apartments No.20/2 1st A Main S.T.Bed Layout Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.5 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹75,508 (net margin -50.3%) and EBITDA of -₹74,017 (EBITDA margin -49.3%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years.
The company is associated with 1 brand: Dressire. The company has 2 deals on record (2 secondary share transfers); the latest was in September 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dressire.com.
Company details
Contact details
Innowave E-Ventures Private Limited's registered office is in Bangalore, Karnataka. Its website is dressire.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat Ff1 Zaanz Apartments No.20/2 1st A Main S.T.Bed Layout Koramangala, Bangalore, Karnataka, India – 560034
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Innowave E-Ventures Private Limited, buy the company report.
- 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
Brands
Innowave E-Ventures operates one associated brand: Dressire. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-driven personalization and recommendations are delivered to retailers. | dressire.com |
Business activity
The main business activity of Innowave E-Ventures is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
Financials of Innowave E-Ventures Private Limited
FY 2024 filings availableInnowave E-Ventures Private Limited reported revenue of ₹1.5 Lakh (down 90% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over three years, including a 90% fall 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.5 Lakh | ||||
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| EBITDA | -₹74,017 | ||||
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| Net Profit (PAT) | -₹75,508 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -49.3% | ||||
| Net Profit Margin | -50.3% | ||||
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To see the full financial statements and ratios of Innowave E-Ventures Private Limited, buy the company report.
Board of directors of Innowave E-Ventures Private Limited
Innowave E-Ventures 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 |
|---|---|---|---|---|
| Vandita Dar | Director | 25 Jun 2017 | 9 Years 4 Months | Current |
| Ashish Dar | Director | 27 Dec 2012 | 13 Years 9 Months | Current |
Auditor
Innowave E-Ventures Private Limited is audited by B V C & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B V C & CO | FY 2021 | 008154S |
Shareholding
The shareholding of Innowave E-Ventures Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Innowave E-Ventures Private Limited, buy the company report.
Deals & funding
Innowave E-Ventures Private Limited has 2 deals on record (2 secondary share transfers); the latest was in September 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Innowave E-Ventures Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Innowave E-Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Innowave E-Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Innowave E-Ventures Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Garima Sureshchandra Gupta ceased to be Director on 25 Jun 2017.
Frequently asked questions
Innowave E-Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 27 December 2012 (14+ years old) and is registered under CIN U52100KA2012PTC067416.
Innowave E-Ventures has 2 current directors:
- Vandita Dar - Director
- Ashish Dar - Director
The latest financial statements of Innowave E-Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Innowave E-Ventures is U52100KA2012PTC067416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innowave E-Ventures was incorporated on 27 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Innowave E-Ventures has 2 deals on record (2 secondary share transfers); the latest was in September 2018.
Garima Sureshchandra Gupta ceased to be Director on 25 Jun 2017. Vandita Dar was appointed as Director on 25 Jun 2017. Murali Krishna Tirupati ceased to be Director on 02 Dec 2013. Innowave E-Ventures has 4 board changes on record in total.
Innowave E-Ventures can be reached through the website dressire.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Innowave E-Ventures is at Flat Ff1 Zaanz Apartments No.202 1st A Main S.T.Bed Layout Koramangala, Bangalore, Karnataka, India – 560034.
Innowave E-Ventures operates in the e-commerce industry, in the general e-commerce platforms segment.