About Datawave Infotech Limited
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Datawave Infotech Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 28 March 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U52392WB2003PLC095975. Its GSTIN is 19AAECA3761B1ZZ (West Bengal).
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹1.8 Cr. It was formerly known as Adhunik Infotech Limited. It is led by directors including Chirag Agarwal and Sachin Kumar Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Lansdowne Tower 6th Floor2/1A Sarat Bose Road, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.99 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹1.24 Cr (net margin -31.2%) and EBITDA of ₹74,413 (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 3% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.15 Cr and satisfied charges of ₹25.62 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website datawaveinfotech.com.
Company details
CIN history
Datawave Infotech has one previous CIN (Corporate Identification Number): U52392WB2003PTC095975. The current CIN is U52392WB2003PLC095975, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52392WB2003PLC095975 | Current |
| U52392WB2003PTC095975 | Previous |
Contact details
Datawave Infotech Limited's registered office is in Kolkata, West Bengal. Its website is datawaveinfotech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressLansdowne Tower 6th Floor2/1A Sarat Bose Road, Kolkata, West Bengal, India – 700020
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Datawave Infotech 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 activities of Datawave Infotech are real estate and professional, scientific and technical. In detail, this covers real estate activities with own or leased property and legal activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | |
| M | Professional, Scientific and Technical | M1 | Legal activities |
To see the full business activity and turnover split of Datawave Infotech Limited, buy the company report.
Financials of Datawave Infotech Limited
FY 2023 filings availableDatawave Infotech Limited reported revenue of ₹3.99 Cr (down 27% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 27% fall in the latest year. EBITDA fell 100% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.99 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹74,413 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.24 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | -31.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Datawave Infotech Limited, buy the company report.
Board of directors of Datawave Infotech Limited
Datawave Infotech has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirag Agarwal Also directs: Durgapur Corporation Private Limited, Voiceup Enterprises Private Limited, Strongwell Infrastructure Private Limited and 4 more | Director | 09 Mar 2018 | 8 Years 7 Months | Current |
| Sachin Kumar Agarwal Also directs: PD Samriddhi Industries LLP, PD Samriddhi Global LLP, Swarnrekha Steel Industries Limited and 3 more | Director | 01 Jan 2010 | 16 Years 10 Months | Current |
| Naveen Kumar Agarwal Also directs: PD Samriddhi Industries LLP, Neepaz Power Limited, Adhunik Shristi & Power Trading Company Limited and 5 more | Director | 01 Jan 2010 | 16 Years 10 Months | Current |
Peer comparison
Datawave Infotech Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Accounting and Financial Analysis, IT Consulting and Services, Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Datawave Infotech Limitedthis company | ₹3.99 Cr (FY 2023) | -₹1.24 Cr | -31.2% | -27.0% | 33 | Kolkata, West Bengal, India |
| 8 Square Structures Private Limited | ₹3.99 Cr (FY 2024) | 14.0% | Delhi, India | |||
| SKJ Properties Pvt Ltd | ₹3.98 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Symbyont Ventures Private Limited | ₹3.98 Cr (FY 2024) | 437.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Datawave Infotech Limited, buy the company report.
Auditor
Datawave Infotech Limited is audited by N. D. MIMANI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. D. MIMANI & ASSOCIATES | FY 2023 | 324930E |
Shareholding
The shareholding of Datawave Infotech Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Datawave Infotech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2025 | 101124355 | Others | ₹74.3 Lakh | Open | |
| 03 Aug 2023 | 100764471 | Idbi Bank Limited | ₹6.41 Cr | Open | |
| 05 Aug 2022 | 100633206 | Idbi Bank Limited | ₹2.5 Cr | Open | |
| 05 Aug 2022 | 100633274 | Idbi Bank Limited | ₹7.5 Cr | Open | |
| 16 Sep 2008 | 10129084 | Idbi Bank Limited | ₹18 Cr | Satisfied |
To see the full charge records of Datawave Infotech Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Datawave Infotech Limited has 4 court cases on record: 3 filed by Datawave Infotech, 1 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 2 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Court case (FMAT) | Filed by the company against LMJ Business Center Pvt.Ltd. and Ors | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by LMJ Business Centre Pvt. Ltd. | Pending |
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed by the company against LMJ Business Centre Private Limited and Ors | Disposed |
| High Court, West Bengal | Court case (CO) | Filed by the company against LMJ Business Centre Pvt Ltd and Ors | Disposed |
To see the full case history of Datawave Infotech Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Datawave Infotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Datawave Infotech Limited has a workforce of 33 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Datawave Infotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECA3761B1ZZ | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Datawave Infotech Limited, buy the company report.
Recent activity
Datawave Infotech Limited has 13 board changes on record since 2010: 3 appointments and 10 cessations. The latest: Chirag Agarwal ceased to be Additional Director on 29 Sep 2018.
18 earlier events are in the company report.
Frequently asked questions
Datawave Infotech is an active public limited company based in Kolkata, West Bengal, India. The company works in real estate financing, within the financial services industry. It was incorporated on 28 March 2003 (23+ years old) and is registered under CIN U52392WB2003PLC095975.
Datawave Infotech has 3 current directors:
- Chirag Agarwal - Director
- Sachin Kumar Agarwal - Director
- Naveen Kumar Agarwal - Director
The latest financial statements of Datawave Infotech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Datawave Infotech is 19AAECA3761B1ZZ, registered in West Bengal.
The CIN (Corporate Identification Number) of Datawave Infotech is U52392WB2003PLC095975. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Datawave Infotech has 4 court cases on record: 3 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Datawave Infotech was incorporated on 28 March 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Datawave Infotech by revenue are 8 Square Structures Private Limited, SKJ Properties Pvt Ltd, Symbyont Ventures Private Limited, all in the Outsourcing industry (Accounting and Financial Analysis, IT Consulting and Services, Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Chirag Agarwal ceased to be Additional Director on 29 Sep 2018. Chirag Agarwal was appointed as Director on 09 Mar 2018. Ghanshyam Das Agarwal ceased to be Director on 09 Mar 2018. Datawave Infotech has 13 board changes on record in total.
Datawave Infotech can be reached through the website datawaveinfotech.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Datawave Infotech is at Lansdowne Tower 6th Floor21A Sarat Bose Road, Kolkata, West Bengal, India – 700020.
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