MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0003828
Codewave Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹14.8 Cr
▲ 15% YoY
Net profit · FY 2025
₹27.36 Lakh
Net margin 1.8%
EBITDA · FY 2025
₹89.39 Lakh
EBITDA margin 6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.05 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
159
Provident fund records
About Codewave Technologies Private Limited
Data last updated:
Codewave Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2014PTC074842. Its GSTIN is 29AAFCC7296N1ZS (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vidhya Veera Raghavan and Krishnamurthy Hugoppalu Abhijith.
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. 174/1 3rd Floor Meu Square Bannerghatta Main Road, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.8 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹27.36 Lakh (net margin 1.8%) and EBITDA of ₹89.39 Lakh (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 33% over five years.
The company has about 159 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Codewave Technologies and Codewave. As per MCA filings, the company has open charges of ₹1.05 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Codewave Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0003828). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website codewave.com.
Company details
CIN U72900KA2014PTC074842
Registration Number 074842
Incorporation Date 12 June 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-02-0003828
Recognitions & Rankings of Codewave Technologies
Contact details
Codewave Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is codewave.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 174/1 3rd Floor Meu Square Bannerghatta Main Road, Bangalore, Karnataka, India – 560076
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Codewave Technologies Private Limited, buy the company report.
Comprehensive company report
Codewave Technologies Private Limited - one report that includes everything
- 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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Brands
Codewave Technologies operates two associated brands: Codewave Technologies and Codewave. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides digital transformation, app development, and AI services to global clients. | codewave.com | |
| Software development, IT services, and digital solutions in India. | codewave.in |
Business activity
The main business activity of Codewave Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Codewave Technologies Private Limited, buy the company report.
Financials of Codewave Technologies Private Limited
FY 2025 filings availableCodewave Technologies Private Limited reported revenue of ₹14.8 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹14.8 Cr ▲ 15%
Net profit · FY 2025
₹27.36 Lakh margin 1.8%
EBITDA · FY 2025
₹89.39 Lakh margin 6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 28%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▼ 55%
3 years · compounded
▼ 8%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 15% growth in the latest year. EBITDA fell 55% 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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| Total Expenses | |||||
| EBITDA | ₹89.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.36 Lakh | ||||
| Balance Sheet | |||||
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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% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Codewave Technologies Private Limited, buy the company report.
Board of directors of Codewave Technologies Private Limited
Codewave Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vidhya Veera Raghavan | Director | 18 Aug 2014 | 12 Years 2 Months | Current |
| Krishnamurthy Hugoppalu Abhijith Also directs: Datacat Technologies Private Limited, Care Matrix 360 Tech Private Limited, Parrot Tech Ventures Private Limited and 1 more | Director | 12 Jun 2014 | 12 Years 5 Months | Current |
Auditor
Codewave Technologies Private Limited is audited by Shreesh & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shreesh & Co | FY 2023 | 015828S |
Shareholding
The shareholding of Codewave Technologies 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 Codewave Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.05 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Sep 2023 | 100783765 | Yes Bank Limited | ₹1.05 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Codewave Technologies Private Limited has 1 court case on record: 1 filed by Codewave Technologies. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
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, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Codewave Technologies 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 Codewave Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Codewave Technologies Private Limited has a workforce of 159 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
159
Active EPFO establishments
1
Employee growth
19.5%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 159 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Codewave Technologies Private Limited, buy the company report.
GST
Codewave Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCC7296N1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Codewave Technologies Private Limited, buy the company report.
Recent activity
Codewave Technologies Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Hugoppalu Vishweswaraiah Krishnamurthy ceased to be Director on 11 Aug 2022.
AGM
Codewave Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Codewave Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Yes Bank Limited amounted to Rs. 105.40 Lakh with Charge ID 100783765 was registered on 14 Sep 2023.
Ceased
Hugoppalu Vishweswaraiah Krishnamurthy ceased to be Director.
Ceased
Praveen Mariyappa ceased to be Additional Director.
Ceased
Vidhya Veera Raghavan ceased to be Additional Director.
Appointed
Vidhya Veera Raghavan was appointed as Director.
Appointed
Krishnamurthy Hugoppalu Abhijith was appointed as Director.
Incorporation
12 Jun 2014
Codewave Technologies Private Limited was registered on 12 Jun 2014 with Roc Bangalore & aged 12 years 5 months as per MCA records.
Frequently asked questions
Codewave Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 June 2014 (12+ years old) and is registered under CIN U72900KA2014PTC074842.
Codewave Technologies has 2 current directors:
- Vidhya Veera Raghavan - Director
- Krishnamurthy Hugoppalu Abhijith - Director
The latest financial statements of Codewave Technologies 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 Codewave Technologies is 29AAFCC7296N1ZS, registered in Karnataka.
The CIN (Corporate Identification Number) of Codewave Technologies is U72900KA2014PTC074842. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Codewave Technologies has 1 court case on record: 1 filed by the company. 1 is pending.
Codewave Technologies was incorporated on 12 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Hugoppalu Vishweswaraiah Krishnamurthy ceased to be Director on 11 Aug 2022. Praveen Mariyappa ceased to be Additional Director on 31 Dec 2020. Vidhya Veera Raghavan ceased to be Additional Director on 30 Sep 2015. Codewave Technologies has 5 board changes on record in total.
Yes, Codewave Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0003828).
Codewave Technologies can be reached through the website codewave.com. Its registered office is in Bangalore, Karnataka, India.
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