Wafersys Technologies Private Limited
About Wafersys Technologies Private Limited
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Wafersys Technologies Private Limited is a private limited company based in Manipal, Karnataka, India. It operates in the software development and IT solutions segment of the software and technology sector. It was incorporated on 19 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2021PTC145579.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shivanand Ganapathi Kamath (Managing Director) and Rashmi Shivanand Kamath.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mig 53 Khb Colony Ananthnagar, Manipal, Karnataka, India – 576104.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.1 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net loss of ₹19,210 (net margin -9.1%) and EBITDA of ₹15,137 (EBITDA margin 7.2%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
Company details
Contact details
Wafersys Technologies Private Limited's registered office is in Manipal, Karnataka.
- Registered AddressMig 53 Khb Colony Ananthnagar, Manipal, Karnataka, India – 576104
- IndustrySoftware, Software Development, Software Publishing
- 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
Business activity
The main business activity of Wafersys Technologies is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Wafersys Technologies Private Limited, buy the company report.
Financials of Wafersys Technologies Private Limited
FY 2025 filings availableWafersys Technologies Private Limited reported revenue of ₹2.1 Lakh (down 67% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 67% fall in the latest year. EBITDA rose 121% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹15,137 | ||||
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| Net Profit (PAT) | -₹19,210 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | -9.1% | ||||
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To see the full financial statements and ratios of Wafersys Technologies Private Limited, buy the company report.
Board of directors of Wafersys Technologies Private Limited
Wafersys Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivanand Ganapathi Kamath Also directs: Apeiralogic Technologies Private Limited | Managing Director | 19 Mar 2021 | 5 Years 7 Months | Current |
| Rashmi Shivanand Kamath | Additional Director | 18 Jun 2021 | 5 Years 4 Months | Current |
Legal cases
No court or tribunal cases involving Wafersys Technologies 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 Wafersys Technologies 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 Wafersys Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Wafersys Technologies Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Rashmi Shivanand Kamath was appointed as Additional Director on 18 Jun 2021.
Frequently asked questions
Wafersys Technologies is an active private limited company based in Manipal, Karnataka, India. The company works in software development, within the software industry. It was incorporated on 19 March 2021 (5+ years old) and is registered under CIN U72200KA2021PTC145579.
Wafersys Technologies has 2 current directors:
- Shivanand Ganapathi Kamath - Managing Director
- Rashmi Shivanand Kamath - Additional Director
The latest financial statements of Wafersys Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Wafersys Technologies is U72200KA2021PTC145579. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wafersys Technologies was incorporated on 19 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Rashmi Shivanand Kamath was appointed as Additional Director on 18 Jun 2021. Ganapathi Pethri Kamath ceased to be Director on 31 May 2021. Shivanand Ganapathi Kamath was appointed as Managing Director on 19 Mar 2021.
The registered office of Wafersys Technologies is at Mig 53 Khb Colony Ananthnagar, Manipal, Karnataka, India – 576104.
Wafersys Technologies operates in the software industry, in the software development segment.
Wafersys Technologies can be reached at its registered office: Mig 53 Khb Colony Ananthnagar, Manipal, Karnataka, India – 576104.
Wafersys Technologies is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.