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Waveus Networks Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2024
₹6.27 Cr
▲ 24% YoY
Net profit · FY 2024
₹50.54 Lakh
Net margin 8.1%
EBITDA · FY 2024
₹85.77 Lakh
EBITDA margin 13.7%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹4.5 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
18
Provident fund records
Directors on board
2
As per MCA filings
About Waveus Networks Private Limited
Data last updated:
Waveus Networks Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 05 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2021PTC143850. Its GSTIN is 29AACCW8747P1Z9 (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹4.5 Lakh. It is led by directors Periyasamy Sundararajan and Karuppanna Rajan.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.27 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹50.54 Lakh (net margin 8.1%) and EBITDA of ₹85.77 Lakh (EBITDA margin 13.7%).
The company has about 18 employees on its provident fund (EPFO) records.
Waveus Networks Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0056110). For more details, the company can be reached via its website waveus.com.
Company details
CIN U72900KA2021PTC143850
Registration Number 143850
Incorporation Date 05 February 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0056110
Recognitions & Rankings of Waveus Networks
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0056110
Contact details
Waveus Networks Private Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Registered AddressOff.No.04 – 110 Wework Embassy Techvillage, Block – L Outer Ring Road Devarabisanahalli, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, IT Consulting & Support Services
Comprehensive company report
Waveus Networks Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Waveus Networks is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Waveus Networks Private Limited, buy the company report.
Financials of Waveus Networks Private Limited
FY 2024 filings availableWaveus Networks Private Limited reported revenue of ₹6.27 Cr (up 24% YoY) for FY 2024.
Revenue · FY 2024
₹6.27 Cr ▲ 24%
Net profit · FY 2024
₹50.54 Lakh margin 8.1%
EBITDA · FY 2024
₹85.77 Lakh margin 13.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
EBITDA CAGR growth
1 year
▼ 26%
Revenue rose 24% in the latest year. EBITDA fell 26% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
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| Total Expenses | ||||
| EBITDA | ₹85.77 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹50.54 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 13.7% | |||
| Net Profit Margin | 8.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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To see the full financial statements and ratios of Waveus Networks Private Limited, buy the company report.
Board of directors of Waveus Networks Private Limited
Waveus Networks has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Periyasamy Sundararajan Also directs: Teczee Consulting Services Private Limited | Director | 24 Jul 2023 | 3 Years 3 Months | Current |
| Karuppanna Rajan | Director | 05 Feb 2021 | 5 Years 9 Months | Current |
Peer comparison
Waveus Networks Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Virtuoso Infotech Private Limited | ₹6.3 Cr (FY 2025) | 3.0% | Pune, Maharashtra, India | |||
| Azule Software Private Limited | ₹6.3 Cr (FY 2024) | 51.0% | Chennai, Tamil Nadu, India | |||
| Mobinext Technologies Private Limited | ₹6.28 Cr (FY 2024) | -74.0% | Navi Mumbai, Maharashtra, India | |||
| List Software Private Limited | ₹6.28 Cr (FY 2024) | 0.0% | Sangli, Maharashtra, India | |||
| Helix Sense Technologies Private Limited | ₹6.28 Cr (FY 2024) | -7.0% | New Delhi, Delhi, India | |||
| Waveus Networks Private Limitedthis company | ₹6.27 Cr (FY 2024) | ₹50.54 Lakh | 8.1% | 24.0% | Bangalore, Karnataka, India | |
| Guidona Softpedia Private Limited | ₹6.27 Cr (FY 2025) | 22.0% | New Delhi, Delhi, India | |||
| Cloudsect Solutions Private Limited | ₹6.26 Cr (FY 2025) | 374.0% | Lucknow, Uttar Pradesh, India | |||
| Codinova Technologies Private Limited | ₹6.25 Cr (FY 2024) | -7.0% | New Delhi, Delhi, India | |||
| Startele Tech Private Limited | ₹6.25 Cr (FY 2025) | 22.0% | Delhi, India | |||
| Plannet Technest South India Private Limited | ₹6.25 Cr (FY 2025) | 20.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Waveus Networks Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Waveus Networks 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 Waveus Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Waveus Networks has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCW8747P1Z9 | Karnataka | Active | 03 Mar 2021 |
To see the full GST registrations and return filing status of Waveus Networks Private Limited, buy the company report.
Recent activity
Waveus Networks Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Periyasamy Sundararajan ceased to be Additional Director on 29 Sep 2023.
AGM
Waveus Networks Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Waveus Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Periyasamy Sundararajan ceased to be Additional Director.
Appointed
Periyasamy Sundararajan was appointed as Director.
Ceased
Umapathi Prakash ceased to be Director.
Appointed
Karuppanna Rajan was appointed as Director.
Incorporation
05 Feb 2021
Waveus Networks Private Limited was registered on 05 Feb 2021 with Roc Bangalore & aged 5 years 9 months as per MCA records.
Frequently asked questions
Waveus Networks is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 05 February 2021 (5+ years old) and is registered under CIN U72900KA2021PTC143850.
Waveus Networks has 2 current directors:
- Periyasamy Sundararajan - Director
- Karuppanna Rajan - Director
The latest financial statements of Waveus Networks 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 FY 2021 are in the company report.
The GSTIN of Waveus Networks is 29AACCW8747P1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Waveus Networks is U72900KA2021PTC143850. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Waveus Networks was incorporated on 05 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Waveus Networks by revenue are Virtuoso Infotech Private Limited, Azule Software Private Limited, Mobinext Technologies Private Limited, List Software Private Limited, Helix Sense Technologies Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Periyasamy Sundararajan ceased to be Additional Director on 29 Sep 2023. Periyasamy Sundararajan was appointed as Director on 24 Jul 2023. Umapathi Prakash ceased to be Director on 24 Jul 2023. Waveus Networks has 4 board changes on record in total.
Yes, Waveus Networks is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Waveus Networks is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0056110).
Waveus Networks can be reached through the website waveus.com. Its registered office is in Bangalore, Karnataka, India.
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