Waterfase Solutions Private Limited
About Waterfase Solutions Private Limited
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Waterfase Solutions Private Limited was a private limited company based in Navi Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT services segment of the services sector. It was incorporated on 19 December 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2012PTC238970. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Manas Ranjan Palo and Binaya Kumar Dhar.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Flat No – 304 Rucha Apts Plot No: D – 11 Sec – 20D Airoli, Navi Mumbai, Maharashtra, India – 400708.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.18 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹51,514 (net margin -43.5%) and EBITDA of -₹51,514 (EBITDA margin -43.5%).
Company details
Contact details
Waterfase Solutions Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressFlat No – 304 Rucha Apts Plot No: D – 11 Sec – 20D Airoli, Navi Mumbai, Maharashtra, India – 400708
- IndustryService, Information Technology Services
To see the full contact details of Waterfase Solutions 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
Business activity
The main business activity of Waterfase Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Waterfase Solutions Private Limited, buy the company report.
Financials of Waterfase Solutions Private Limited
FY 2017 filings availableWaterfase Solutions Private Limited reported revenue of ₹1.18 Lakh (down 88% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 88% in the latest year. EBITDA fell 295% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.18 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹51,514 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹51,514 | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -43.5% | ||
| Net Profit Margin | -43.5% | ||
| 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 | |||
To see the full financial statements and ratios of Waterfase Solutions Private Limited, buy the company report.
Board of directors of Waterfase Solutions Private Limited
Waterfase Solutions 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 |
|---|---|---|---|---|
| Manas Ranjan Palo | Director | 19 Dec 2012 | 13 Years 10 Months | As last reported |
| Binaya Kumar Dhar | Director | 10 Jul 2014 | 12 Years 3 Months | As last reported |
Peer comparison
Waterfase Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sosuntech Solution Private Limited | ₹1.19 Lakh (FY 2025) | 3.0% | Hyderabad, Telangana, India | |||
| Mallard Infotech and Media Private Limited | ₹1.19 Lakh (FY 2025) | 69.0% | Greater Noida, Uttar Pradesh, India | |||
| Vee & Dee Information Systems Private Limited | ₹1.19 Lakh (FY 2025) | -7.0% | Karnal, Haryana, India | |||
| Source and Build Consultancy and Software Solutions Private Limited | ₹1.19 Lakh (FY 2021) | Hyderabad, Telangana, India | ||||
| Hype Digitech Private Limited | ₹1.18 Lakh (FY 2021) | Bengaluru, Karnataka, India | ||||
| Waterfase Solutions Private Limitedthis company | ₹1.18 Lakh (FY 2017) | -₹51,514 | -43.5% | -88.0% | Navi Mumbai, Maharashtra, India | |
| Conlang Software Solutions Private Limited | ₹1.18 Lakh (FY 2021) | Indore, Madhya Pradesh, India | ||||
| Quinite Technologies Private Limited | ₹1.18 Lakh (FY 2024) | Pardi, Gujarat, India | ||||
| Oneweblink Private Limited | ₹1.18 Lakh (FY 2024) | 22.0% | Indore, Madhya Pradesh, India | |||
| Kushalbhavishya Services Private Limited | ₹1.18 Lakh (FY 2021) | -2.0% | Vaishali, Bihar, India | |||
| Arcom Electronics Private Limited | ₹1.18 Lakh (FY 2025) | -39.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Waterfase Solutions Private Limited, buy the company report.
Auditor
Waterfase Solutions Private Limited is audited by S.V.SHANBHAG & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.V.SHANBHAG & CO. | FY 2017 | 109887W |
Shareholding
The shareholding of Waterfase Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Waterfase Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Waterfase Solutions 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 Waterfase Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Waterfase Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Waterfase Solutions Private Limited, buy the company report.
Recent activity
Waterfase Solutions Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Srikanta Misra ceased to be Director on 19 Aug 2014.
Frequently asked questions
Waterfase Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Waterfase Solutions was a private limited company based in Navi Mumbai, Maharashtra, India. The company worked in information technology services, within the service industry. It was incorporated on 19 December 2012 and is registered under CIN U72300MH2012PTC238970. The company has been struck off by the Registrar of Companies and is no longer operational.
Waterfase Solutions had 2 directors:
- Manas Ranjan Palo - Director
- Binaya Kumar Dhar - Director
The CIN (Corporate Identification Number) of Waterfase Solutions is U72300MH2012PTC238970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Waterfase Solutions is at Flat No – 304 Rucha Apts Plot No: D – 11 Sec – 20D Airoli, Navi Mumbai, Maharashtra, India – 400708.
Waterfase Solutions was incorporated on 19 December 2012. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Waterfase Solutions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Waterfase Solutions has 1 GST registration on record and it is cancelled or inactive.
Waterfase Solutions operated in the service industry, in the information technology services segment. It worked in this industry before it was struck off.
The peers of Waterfase Solutions by revenue are Sosuntech Solution Private Limited, Mallard Infotech and Media Private Limited, Vee & Dee Information Systems Private Limited, Source and Build Consultancy and Software Solutions Private Limited, Hype Digitech Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Srikanta Misra ceased to be Director on 19 Aug 2014. Binaya Kumar Dhar was appointed as Director on 10 Jul 2014. Manas Ranjan Palo was appointed as Director on 19 Dec 2012.