Axiswave Ventures Private Limited
About Axiswave Ventures Private Limited
Data last updated:
Axiswave Ventures Private Limited is a private limited company based in Howrah, West Bengal, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 30 December 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U63000WB2002PTC095572. Its GSTIN is 27AABCI4066J1ZG (Maharashtra). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Inland Bearings Private Limited. It is led by directors Kamal Somani and Praveen Somani.
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 166/75 N.H. – 6 Nibra Near Salap More, Howrah, West Bengal, India – 711403.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.46 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹11.52 Lakh (net margin 4.7%) and EBITDA of ₹17.08 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 50% over five years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Axiswave Ventures has undergone 2 name changes throughout its history. The company was previously known as Inland Bearings Private Limited, and Axiswave Ventures Private Limited. The current legal name is Axiswave Ventures Private Limited.
| Company Name | Status |
|---|---|
| Axiswave Ventures Private Limited | Current |
| Inland Bearings Private Limited | Previous |
CIN history
Axiswave Ventures has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U63000WB2002PTC095572, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63000WB2002PTC095572 | Current |
| U29130WB2002PTC095572 | Previous |
| U13100WB2002PTC095572 | Previous |
Contact details
Axiswave Ventures Private Limited's registered office is in Howrah, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address166/75 N.H. – 6 Nibra Near Salap More, Howrah, West Bengal, India – 711403
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Axiswave Ventures 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 Axiswave Ventures is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Axiswave Ventures Private Limited, buy the company report.
Financials of Axiswave Ventures Private Limited
FY 2024 filings availableAxiswave Ventures Private Limited reported revenue of ₹2.46 Cr (up 668% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 668% growth 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹17.08 Lakh | ||||
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| Net Profit (PAT) | ₹11.52 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 4.7% | ||||
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To see the full financial statements and ratios of Axiswave Ventures Private Limited, buy the company report.
Board of directors of Axiswave Ventures Private Limited
Axiswave Ventures has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Somani Also directs: Inland World Logistics Private Limited, Bharatiyam Foods and Beverages Private Limited, Inland Kattha Products Pvt.Ltd. and 3 more | Director | 15 Mar 2012 | 14 Years 7 Months | Current |
| Praveen Somani | Director | 02 Feb 2018 | 8 Years 9 Months | Current |
Auditor
Axiswave Ventures Private Limited is audited by FALOD AND MAHESHWARI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| FALOD AND MAHESHWARI | FY 2023 | 151051W |
Shareholding
The shareholding of Axiswave Ventures 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 Axiswave Ventures Private Limited, buy the company report.
Legal cases
Axiswave Ventures Private Limited has 1 court case on record: 1 filed by Axiswave Ventures. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against P M C Trading Pvt Ltd and Ors | Pending |
To see the full case history of Axiswave Ventures 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 Axiswave Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Axiswave Ventures has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI4066J1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Axiswave Ventures Private Limited, buy the company report.
Recent activity
Axiswave Ventures Private Limited has 9 board changes on record since 2010: 2 appointments and 7 cessations. The latest: Praveen Somani ceased to be Additional Director on 27 Sep 2018.
Frequently asked questions
Axiswave Ventures is an active private limited company based in Howrah, West Bengal, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 30 December 2002 (24+ years old) and is registered under CIN U63000WB2002PTC095572.
Axiswave Ventures has 2 current directors:
- Kamal Somani - Director
- Praveen Somani - Director
The latest financial statements of Axiswave Ventures 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 2015 are in the company report.
The GSTIN of Axiswave Ventures is 27AABCI4066J1ZG, registered in Maharashtra. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
The CIN (Corporate Identification Number) of Axiswave Ventures is U63000WB2002PTC095572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axiswave Ventures has 1 court case on record: 1 filed by the company. 1 is pending.
Axiswave Ventures was incorporated on 30 December 2002, making it 24+ years old. It is registered with the Registrar of Companies, Kolkata.
Praveen Somani ceased to be Additional Director on 27 Sep 2018. Praveen Somani was appointed as Director on 02 Feb 2018. Ayussh Rathhi ceased to be Additional Director on 29 Sep 2012. Axiswave Ventures has 9 board changes on record in total.
The registered office of Axiswave Ventures is at 16675 N.H. – 6 Nibra Near Salap More, Howrah, West Bengal, India – 711403.
Axiswave Ventures operates in the automotive industry, in the auto dealership and trading segment.
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