Adwave Advertising Private Limited
About Adwave Advertising Private Limited
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Adwave Advertising Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 19 April 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U93090TN1976PTC007124. Its GSTIN is 33AAACA3153H1Z7 (Tamil Nadu).
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹2.26 Lakh. It is led by directors including Durai Kandaswamy and Mangalam Balasubrimaniam.
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 No.9 Sanvisbaag Road T.Nagar Madras – 17., Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.3 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net loss of ₹68.28 Lakh (net margin -52.4%) and EBITDA of -₹50.94 Lakh (EBITDA margin -39.1%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 43% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹56 Lakh and satisfied charges of ₹3.14 Cr on record. Court records list 11 cases involving the company, including 11 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Adwave Advertising Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.9 Sanvisbaag Road T.Nagar Madras – 17., Chennai, Tamil Nadu, India – 600017
- IndustryMedia and Publishing, Advertising Agencies & Media Services
To see the full contact details of Adwave Advertising 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
Financials of Adwave Advertising Private Limited
FY 2025 filings availableAdwave Advertising Private Limited reported revenue of ₹1.3 Cr (down 39% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 39% fall 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 | ₹1.3 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹50.94 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹68.28 Lakh | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -39.1% | ||||
| Net Profit Margin | -52.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Adwave Advertising Private Limited, buy the company report.
Board of directors of Adwave Advertising Private Limited
Adwave Advertising has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Durai Kandaswamy | Director | 19 Apr 1976 | 50 Years 6 Months | Current |
| Mangalam Balasubrimaniam | Director | 05 Aug 2019 | 7 Years 2 Months | Current |
| Sainaveenkumar | Director | 12 Jun 2019 | 7 Years 4 Months | Current |
Auditor
Adwave Advertising Private Limited is audited by K KANNAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K KANNAN | FY 2023 | 003625 |
Shareholding
The shareholding of Adwave Advertising Private 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 Adwave Advertising Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Sep 2021 | 100482685 | Others | ₹56 Lakh | Open | |
| 05 Dec 2024 | 101027133 | Others | ₹2 Cr | Satisfied | |
| 31 Dec 2016 | 100073912 | Lakshmi Vilas Bank Limited | ₹80 Lakh | Satisfied | |
| 27 Sep 1996 | 90305050 | Canara Bank | ₹3.5 Lakh | Satisfied | |
| 14 Oct 1988 | 90307136 | Canara Bank | ₹2.5 Lakh | Satisfied |
To see the full charge records of Adwave Advertising Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Adwave Advertising Private Limited has 11 court cases on record: 11 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 10 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (REV.APLW) | Filed against the company | Pending |
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by M/S. Two Leaf Mediaa Rep. by Its Partner V Muthukumar | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Original application | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Adwave Advertising Private 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 Adwave Advertising Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Adwave Advertising Private Limited has a workforce of 4 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Adwave Advertising has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACA3153H1Z7 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adwave Advertising Private Limited, buy the company report.
Recent activity
Adwave Advertising Private Limited has 7 board changes on record since 1976: 3 appointments and 4 cessations. The latest: Mangalam Balasubrimaniam ceased to be Additional Director on 30 Sep 2019.
34 earlier events are in the company report.
Frequently asked questions
Adwave Advertising is an active private limited company based in Chennai, Tamil Nadu, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 19 April 1976 (50+ years old) and is registered under CIN U93090TN1976PTC007124.
Adwave Advertising has 3 current directors:
- Durai Kandaswamy - Director
- Mangalam Balasubrimaniam - Director
- Sainaveenkumar - Director
The latest financial statements of Adwave Advertising 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 2015 are in the company report.
The GSTIN of Adwave Advertising is 33AAACA3153H1Z7, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Adwave Advertising is U93090TN1976PTC007124. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adwave Advertising has 11 court cases on record: 11 filed against it. 1 is pending. Most are in the high courts.
Adwave Advertising was incorporated on 19 April 1976, making it 50+ years old. It is registered with the Registrar of Companies, Chennai.
Mangalam Balasubrimaniam ceased to be Additional Director on 30 Sep 2019. Sainaveenkumar ceased to be Additional Director on 30 Sep 2019. Mangalam Balasubrimaniam was appointed as Director on 05 Aug 2019. Adwave Advertising has 7 board changes on record in total.
The registered office of Adwave Advertising is at No.9 Sanvisbaag Road T.Nagar Madras – 17., Chennai, Tamil Nadu, India – 600017.
Adwave Advertising operates in the media and publishing industry, in the advertising agencies and media services segment.
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