Waves Internet Private Limited
About Waves Internet Private Limited
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Waves Internet Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC118850. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.16 Lakh. It is led by directors Subodh Bhanudas Kolhe and Firasat Ali Durrani.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at E1002 Purva Fountain Square Marathahalli No. 23 & 24 Munnekolal, Bengaluru, Karnataka, India – 560037.
As per the financials filed for FY 2020, the company reported a revenue of ₹11.9 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.47 Cr and EBITDA of -₹4.43 Cr.
The company is associated with 1 brand: Awaaz. The company has 1 deal on record (1 funding round), with disclosed funding of ₹5.6 Cr; the latest was in January 2019.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Waves Internet Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE1002 Purva Fountain Square Marathahalli No. 23 & 24 Munnekolal, Bengaluru, Karnataka, India – 560037
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Waves Internet 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
Waves Internet operates one associated brand: Awaaz. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| App-based news portal focused on Uttar Pradesh trends is provided. | awaaz.live |
Financials of Waves Internet Private Limited
FY 2020 filings availableWaves Internet Private Limited reported revenue of ₹11.9 Lakh (up 1572% YoY) for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹11.9 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
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| Total Expenses | ||
| EBITDA | -₹4.43 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹4.47 Cr | |
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of Waves Internet Private Limited, buy the company report.
Board of directors of Waves Internet Private Limited
Waves Internet has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subodh Bhanudas Kolhe | Director | 27 Nov 2018 | 7 Years 10 Months | Current |
| Firasat Ali Durrani | Director | 27 Nov 2018 | 7 Years 10 Months | Current |
Auditor
Waves Internet Private Limited is audited by S DUTTA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S DUTTA & CO | FY 2020 | 014664S |
Shareholding
The shareholding of Waves Internet Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Waves Internet Private Limited, buy the company report.
Deals & funding
Waves Internet Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹5.6 Cr; the latest was in January 2019.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2019 | Funding round · Seed | ₹5.6 Cr | Investors: Z47 (Matrix Partners India) |
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 Waves Internet 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 Waves Internet Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Waves Internet 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 Waves Internet Private Limited, buy the company report.
Recent activity
Waves Internet Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Firasat Ali Durrani was appointed as Director on 27 Nov 2018.
Frequently asked questions
Waves Internet is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 November 2018 (8+ years old) and is registered under CIN U74999KA2018PTC118850.
Waves Internet has 2 current directors:
- Subodh Bhanudas Kolhe - Director
- Firasat Ali Durrani - Director
The latest financial statements of Waves Internet on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2019 are in the company report.
No. Waves Internet has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Waves Internet is U74999KA2018PTC118850. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Waves Internet was incorporated on 27 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Waves Internet has 1 deal on record (1 funding round), with disclosed funding of ₹5.6 Cr; the latest was in January 2019.
Firasat Ali Durrani was appointed as Director on 27 Nov 2018. Subodh Bhanudas Kolhe was appointed as Director on 27 Nov 2018.
The registered office of Waves Internet is at E1002 Purva Fountain Square Marathahalli No. 23 & 24 Munnekolal, Bengaluru, Karnataka, India – 560037.
Waves Internet operates in the information technology industry, in the IT consulting and support services segment.