About Bluwaves Internet Services India Private Limited
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Bluwaves Internet Services India Private Limited is a private limited company based in Salem, Tamil Nadu, India. It operates in the computer programming segment of the technology and IT services sector. It was incorporated on 29 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U64202TZ2015PTC021341. Its GSTIN is 33AAGCB3384F1ZV (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Soundar and Sengottayan Thangaraj.
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 21/262 – B Advaitha Ashram Road Fairlands, Salem, Tamil Nadu, India – 638016.
As per the financials filed for FY 2024, the company reported a revenue of ₹73.48 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹84,667 (net margin 1.2%) and EBITDA of ₹5.05 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹2.02 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mkexport.co.in.
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- TelephoneLocked
- Website
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- Registered Address21/262 – B Advaitha Ashram Road Fairlands, Salem, Tamil Nadu, India – 638016
- IndustryInformation Technology, Computer Programming, Consultancy
- 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 of Bluwaves Internet Services India Private Limited
The main business activity of Bluwaves Internet Services India is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Bluwaves Internet Services India Private Limited FY 2024 filings available
Bluwaves Internet Services India Private Limited reported revenue of ₹73.48 Lakh (up 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Bluwaves Internet Services India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 7% growth in the latest year. EBITDA fell 40% 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 of Bluwaves Internet Services India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.05 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹84,667 | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Bluwaves Internet Services India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bluwaves Internet Services India are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Bluwaves Internet Services India Private Limited
Bluwaves Internet Services 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 |
|---|---|---|---|---|
| Soundar | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Sengottayan Thangaraj | Director | 29 Apr 2015 | 11 Years 5 Months | Current |
Peer Comparison of Bluwaves Internet Services India Private Limited
Bluwaves Internet Services India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neonscreens Private Limited | ₹73.61 Lakh (FY 2024) | •••• | •••• | 87531.0% | •••• | Surat, Gujarat, India |
| Framero Infotech Private Limited | ₹73.58 Lakh (FY 2024) | •••• | •••• | -28.0% | •••• | Derabassi, Punjab, India |
| Digital Discom Private Limited | ₹73.54 Lakh (FY 2024) | •••• | •••• | 11.0% | •••• | Delhi, India |
| Ignatiuz Software Private Limited | ₹73.48 Lakh (FY 2024) | •••• | •••• | -85.0% | •••• | Indore, Madhya Pradesh, India |
| Headway Infinity Private Limited | ₹73.48 Lakh (FY 2025) | •••• | •••• | 74.0% | •••• | Delhi, India |
| Bluwaves Internet Services India Private Limited this company | ₹73.48 Lakh (FY 2024) | •••• | •••• | 7.0% | •••• | Salem, Tamil Nadu, India |
| Commerx Alternate Communications Private Limited | ₹73.45 Lakh (FY 2018) | •••• | •••• | -13.0% | •••• | Bangalore, Karnataka, India |
| Timespade Internet Private Limited | ₹73.44 Lakh (FY 2025) | •••• | •••• | 423.0% | •••• | Kolkata, West Bengal, India |
| Propitious Technologies Private Limited | ₹73.41 Lakh (FY 2024) | •••• | •••• | 25.0% | •••• | Kozhikode, Kerala, India |
| CMG I T Enabled Services Private Limited | ₹73.4 Lakh (FY 2016) | •••• | •••• | -78.0% | •••• | Bangalore, Karnataka, India |
| Technoforce IT Solutions Private Limited | ₹73.36 Lakh (FY 2024) | •••• | •••• | 220.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Bluwaves Internet Services India by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Bluwaves Internet Services India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bluwaves Internet Services India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Mar 2025 | City Union Bank Limited | ₹2.02 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Bluwaves Internet Services India Private Limited
Employment history and EPFO contributions of people linked to Bluwaves Internet Services India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Bluwaves Internet Services India Private Limited
Bluwaves Internet Services India Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Soundar ceased to be Additional Director on 08 Jul 2024.
Credit Ratings, Litigation & Regulatory Alerts for Bluwaves Internet Services India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bluwaves Internet Services India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bluwaves Internet Services India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Bluwaves Internet Services India Private Limited
Bluwaves Internet Services India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCB3384F1ZV | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bluwaves Internet Services India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bluwaves Internet Services India Private Limited
Bluwaves Internet Services India is an active private limited company based in Salem, Tamil Nadu, India. The company works in computer programming, within the information technology industry. It was incorporated on 29 April 2015 (11+ years old) and is registered under CIN U64202TZ2015PTC021341.
Bluwaves Internet Services India reported revenue of ₹73.48 Lakh for FY 2024 (up 7% YoY).
Bluwaves Internet Services India has 2 current directors:
- Soundar - Director
- Sengottayan Thangaraj - Director
Bluwaves Internet Services India reported a net profit of ₹84,667 (net margin 1.2%) and EBITDA of ₹5.05 Lakh (EBITDA margin 6.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bluwaves Internet Services India is 5% over three years and 3% over five years. In the latest year (FY 2024) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bluwaves Internet Services India is 33AAGCB3384F1ZV, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Bluwaves Internet Services India is U64202TZ2015PTC021341. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bluwaves Internet Services India was incorporated on 29 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Bluwaves Internet Services India by revenue are Neonscreens Private Limited, Framero Infotech Private Limited, Digital Discom Private Limited, Ignatiuz Software Private Limited, Headway Infinity Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Soundar ceased to be Additional Director on 08 Jul 2024. Kumarasamy Maheshkumar ceased to be Director on 27 May 2019. Soundar was appointed as Director on 20 Sep 2018. Bluwaves Internet Services India has 4 board changes on record in total.
Bluwaves Internet Services India can be reached through the website mkexport.co.in. Its registered office is in Salem, Tamil Nadu, India.