- Category
- Medium (2023-24)
- Udyam number
- UDYAM-TS-02-0012977

About Blue Wave IT Solutions India Private Limited
Data last updated:
Blue Wave IT Solutions India Private Limited is a private limited company based in Secunderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2013PTC087402. Its GSTIN is 36AAFCB4799M1ZY (Telangana). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Kamisetti Raja Srinivasa and Jyothi Pasala.
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 Secunderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹220.16 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹2.3 Cr (net margin 1%) and EBITDA of ₹4.76 Cr (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 28% over five years.
The company is associated with 1 brand: Blue Wave IT Solutions. As per MCA filings, the company has open charges of ₹10.02 Cr and satisfied charges of ₹10.89 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 3 cases are pending.
Blue Wave IT Solutions India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0012977). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bluewaveits.com.
Company details
CIN history
Blue Wave IT Solutions India has one previous CIN (Corporate Identification Number): U72200AP2013PTC087402. The current CIN is U72200TG2013PTC087402, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2013PTC087402 | Current |
| U72200AP2013PTC087402 | Previous |
Recognitions & Rankings of Blue Wave IT Solutions India
Contact details
Blue Wave IT Solutions India Private Limited's registered office is in Secunderabad, Telangana. Its website is bluewaveits.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH.No.1 – 8 – 229/6/1 Flat No.201 2nd Floor Opp.Heritage Fresh Sindhi Colony P.G R, Oad, Secunderabad, Telangana, India – 500003
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Blue Wave IT Solutions India 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
Blue Wave IT Solutions India operates one associated brand: Blue Wave IT Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive IT solutions for businesses. | bluewaveits.com |
Business activity
The main business activity of Blue Wave IT Solutions India is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Blue Wave IT Solutions India Private Limited, buy the company report.
Financials of Blue Wave IT Solutions India Private Limited
FY 2025 filings availableBlue Wave IT Solutions India Private Limited reported revenue of ₹220.16 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 20% growth in the latest year. EBITDA rose 29% 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 | ₹4.76 Cr | ||||
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| Net Profit (PAT) | ₹2.3 Cr | ||||
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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 | 2.2% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Blue Wave IT Solutions India Private Limited, buy the company report.
Board of directors of Blue Wave IT Solutions India Private Limited
Blue Wave IT Solutions India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamisetti Raja Srinivasa | Director | 30 Apr 2013 | 13 Years 6 Months | Current |
| Jyothi Pasala | Director | 11 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
Blue Wave IT Solutions India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mastro Metals Private Limited | ₹220.81 Cr (FY 2025) | -1.0% | Taliparamba, Kerala, India | |||
| Rajesh Motors (Maharashtra) Private Limited | ₹220.62 Cr (FY 2025) | -14.0% | Kolhapur, Maharashtra, India | |||
| My Wines and Spirits Private Limited | ₹220.47 Cr (FY 2025) | 36.0% | Delhi, India | |||
| Axom Automobiles Private Limited | ₹220.38 Cr (FY 2025) | -40.0% | Guwahati, Assam, India | |||
| Rajalakshmi Cars Private Limited | ₹220.28 Cr (FY 2025) | -11.0% | Chennai, Tamil Nadu, India | |||
| Blue Wave IT Solutions India Private Limitedthis company | ₹220.16 Cr (FY 2025) | ₹2.3 Cr | 1% | 20.0% | Secunderabad, Telangana, India | |
| Gehna Gems & Jewels Private Limited | ₹220.05 Cr (FY 2025) | 61.0% | Gwalior, Madhya Pradesh, India | |||
| M. Tech Informatics Limited | ₹219.63 Cr (FY 2025) | 95.0% | Kolkata, West Bengal, India | |||
| Sri Vinayaka Automobiles Private Limited | ₹219.6 Cr (FY 2025) | 31.0% | Hyderabad, Telangana, India | |||
| Mahakali Motors Private Limited | ₹219.43 Cr (FY 2025) | 44.0% | Purnia, Bihar, India | |||
| Viavi Solutions India Private Limited | ₹219.24 Cr (FY 2025) | 24.0% | New Delhi, Delhi, India |
To see the full peer comparison of Blue Wave IT Solutions India Private Limited, buy the company report.
Auditor
Blue Wave IT Solutions India Private Limited is audited by Abhishek Daga & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Abhishek Daga & Co. | FY 2023 | 018492S |
Shareholding
The shareholding of Blue Wave IT Solutions India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Blue Wave IT Solutions India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2023 | 100860407 | Others | ₹10.02 Cr | Open | |
| 30 Jun 2022 | 100594672 | Others | ₹2 Cr | Satisfied | |
| 30 Dec 2021 | 100518706 | Others | ₹3 Cr | Satisfied | |
| 23 Jan 2020 | 100319651 | Others | ₹4.99 Cr | Satisfied | |
| 30 Sep 2013 | 10460583 | Others | ₹90 Lakh | Satisfied |
To see the full charge records of Blue Wave IT Solutions India Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Blue Wave IT Solutions India Private Limited has 4 court cases on record: 2 filed by Blue Wave IT Solutions India, 2 filed against it. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 3 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by Grameena Vidyajyothi Barath Pvt Ltd and 1 other | Pending |
| District court, Hyderabad Central, Telangana | Court case (STC- NI) | Filed by the company against an individual | Pending |
| District court, Hyderabad CCC, Telangana | Court case (IP) | Filed against the company | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against The State of Telangana and 2 others | Disposed |
To see the full case history of Blue Wave IT Solutions India 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 Blue Wave IT Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Blue Wave IT Solutions India has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCB4799M1ZY | Telangana | Active | 01 Jul 2017 |
| 37AAFCB4799M1ZW | Andhra Pradesh | Active | 01 Jul 2017 |
| 29AAFCB4799M1ZT | Karnataka | Active | 13 Jun 2022 |
To see the full GST registrations and return filing status of Blue Wave IT Solutions India Private Limited, buy the company report.
Recent activity
Blue Wave IT Solutions India Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Aruna Kumari Mudunuri ceased to be Director on 12 Jun 2025.
7 earlier events are in the company report.
Frequently asked questions
Blue Wave IT Solutions India is an active private limited company based in Secunderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 April 2013 (13+ years old) and is registered under CIN U72200TG2013PTC087402.
Blue Wave IT Solutions India has 2 current directors:
- Kamisetti Raja Srinivasa - Director
- Jyothi Pasala - Director
The latest financial statements of Blue Wave IT Solutions India 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 Blue Wave IT Solutions India is 36AAFCB4799M1ZY, registered in Telangana. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 37AAFCB4799M1ZW (Andhra Pradesh), 29AAFCB4799M1ZT (Karnataka).
The CIN (Corporate Identification Number) of Blue Wave IT Solutions India is U72200TG2013PTC087402. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blue Wave IT Solutions India has 4 court cases on record: 2 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Blue Wave IT Solutions India was incorporated on 30 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Blue Wave IT Solutions India by revenue are Mastro Metals Private Limited, Rajesh Motors (Maharashtra) Private Limited, My Wines and Spirits Private Limited, Axom Automobiles Private Limited, Rajalakshmi Cars Private Limited and 5 more, all in the same principal business activity (retail trading).
Aruna Kumari Mudunuri ceased to be Director on 12 Jun 2025. Jyothi Pasala was appointed as Director on 11 Jun 2025. Thumukunta Nanda Gopal ceased to be Director on 15 Mar 2017. Blue Wave IT Solutions India has 5 board changes on record in total.
Yes, Blue Wave IT Solutions India is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-02-0012977).
Blue Wave IT Solutions India can be reached through the website bluewaveits.com. Its registered office is in Secunderabad, Telangana, India.

