About Comavia Systems Technologies Private Limited
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Comavia Systems Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Wave Mechanics Private Limited. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 27 June 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2002PTC030689. Its GSTIN is 29AACCC1849A1ZZ (Karnataka).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Manish Kumar Khaitan and Mayank Dalmia.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.89 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹64.33 Lakh (net margin 5.4%) and EBITDA of ₹1.57 Cr (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 12% over five years.
The company has about 64 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.84 Cr and satisfied charges of ₹7.37 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2014.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website comavia.com.
Company details
Contact details
Comavia Systems Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is comavia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB160 3rd Cross 1st Stage, 1st Main Peenya Industrial Estate, Bangalore, Karnataka, India – 560058
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing, Application Development & Software Solutions
To see the full contact details of Comavia Systems Technologies 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 Comavia Systems Technologies is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Comavia Systems Technologies Private Limited, buy the company report.
Financials of Comavia Systems Technologies Private Limited
FY 2025 filings availableComavia Systems Technologies Private Limited reported revenue of ₹11.89 Cr (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 36% 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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| Profit and Loss Statement | |||||
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| Total Revenue | ₹11.89 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹1.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹64.33 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 | 13.2% | ||||
| Net Profit Margin | 5.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Comavia Systems Technologies Private Limited, buy the company report.
Board of directors of Comavia Systems Technologies Private Limited
Comavia Systems Technologies 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 |
|---|---|---|---|---|
| Manish Kumar Khaitan Also directs: Wave Mechanics Private Limited | Director | 30 Apr 2021 | 5 Years 5 Months | Current |
| Mayank Dalmia | Director | 02 Nov 2017 | 8 Years 11 Months | Current |
Auditor
Comavia Systems Technologies Private Limited is audited by Girish Murthy & Kumar for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Girish Murthy & Kumar | FY 2024 | 000934S |
Shareholding
The shareholding of Comavia Systems Technologies Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Comavia Systems Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2018 | 100224620 | State Bank of India | ₹17.84 Cr | Open | |
| 29 Feb 2016 | 10624754 | Tata Capital Financial Services Limited | ₹25 Lakh | Satisfied | |
| 12 Feb 2016 | 10624705 | The Federal Bank Limited | ₹12.34 Lakh | Satisfied | |
| 11 Feb 2015 | 10553458 | The Federal Bank Limited | ₹4 Cr | Satisfied | |
| 21 Dec 2006 | 10035043 | State Bank of India | ₹3 Cr | Satisfied |
To see the full charge records of Comavia Systems Technologies Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Comavia Systems Technologies Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2014.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Wave Mechanics Private Limited Seller: 2 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Comavia Systems Technologies Private Limited has 4 court cases on record: 4 filed by Comavia Systems Technologies. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Tedlabs Private Limited and 3 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Dilabs Systems Private Limited and 3 others | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Hal Edgewood Technologies Private Limited | Disposed |
To see the full case history of Comavia Systems 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 Comavia Systems Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Comavia Systems Technologies Private Limited has a workforce of 64 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
GST
Comavia Systems Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCC1849A1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Comavia Systems Technologies Private Limited, buy the company report.
Recent activity
Comavia Systems Technologies Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Manish Kumar Khaitan ceased to be Additional Director on 30 Nov 2021.
11 earlier events are in the company report.
Frequently asked questions
Comavia Systems Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 27 June 2002 (24+ years old) and is registered under CIN U72200KA2002PTC030689.
Comavia Systems Technologies has 2 current directors:
- Manish Kumar Khaitan - Director
- Mayank Dalmia - Director
The latest financial statements of Comavia Systems 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 Comavia Systems Technologies is 29AACCC1849A1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Comavia Systems Technologies is U72200KA2002PTC030689. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Comavia Systems Technologies has 4 court cases on record: 4 filed by the company. Most are in the high courts.
Comavia Systems Technologies was incorporated on 27 June 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
Comavia Systems Technologies has 2 deals on record (2 secondary share transfers); the latest was in March 2014.
Manish Kumar Khaitan ceased to be Additional Director on 30 Nov 2021. Varughese Thomas ceased to be Director on 22 Nov 2021. Manish Kumar Khaitan was appointed as Director on 30 Apr 2021. Comavia Systems Technologies has 8 board changes on record in total.
Comavia Systems Technologies can be reached through the website comavia.com. Its registered office is in Bangalore, Karnataka, India.