About Digital Waves International Private Limited
Data last updated:
Digital Waves International Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 11 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U30007KA2003PTC032994. Its GSTIN is 29AABCD9239J1Z8 (Karnataka). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹50 Lakh. It was formerly known as Digital Waves Computer Solutions Private Limited. It is led by directors Bhagwan Vishnu Magadum and Kempe Gowda Raghavendra.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹99.7 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹48.1 Lakh (net margin 0.5%) and EBITDA of ₹1.7 Cr (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The company has about 5 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Digital Waves. As per MCA filings, the company has open charges of ₹66.22 Cr and satisfied charges of ₹43.36 Cr on record. Court records list 42 cases involving the company, including 38 filed by the company and 4 filed against it; 11 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹46 Lakh; the latest was in January 2020. Its 10 peer companies in the same principal business activity (Wholesale Trading) are compared by revenue, 5 larger and 5 smaller; the largest is Charles River Laboratories India Private Limited with revenue of ₹99.82 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website digitalwaves.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. 58/1 3rd Floor 13th Cross Margosa Road Above City Union Bank Mal, Leswaram, Bangalore, Karnataka, India – 560003
- IndustryAgriculture, Agro Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Digital Waves International Private Limited
The main business activity of Digital Waves International is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Digital Waves International Private Limited FY 2024 filings available
Digital Waves International Private Limited reported revenue of ₹99.7 Cr (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Digital Waves International Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 15% growth in the latest year. EBITDA fell 32% 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 Digital Waves International 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 | ₹1.7 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹48.1 Lakh | •••• | •••• | •••• | •••• |
| 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 Digital Waves International Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 Digital Waves International are in the company report.
Financial statements from 2015
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.
Peer Comparison of Digital Waves International Private Limited
Digital Waves International Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Charles River Laboratories India Private Limited | ₹99.82 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
| Work Store Private Limited | ₹99.82 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Chesa Dental Care Services Limited | ₹99.82 Cr (FY 2022) | •••• | •••• | 25.0% | •••• | Thane, Maharashtra, India |
| Lark Vanijya Private Limited | ₹99.76 Cr (FY 2025) | •••• | •••• | 90.0% | •••• | Kolkata, West Bengal, India |
| Manindra Metal Suppliers Private Limited | ₹99.76 Cr (FY 2024) | •••• | •••• | 90.0% | •••• | Kolkata, West Bengal, India |
| Digital Waves International Private Limited this company | ₹99.7 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
| Samwha India Refractories Private Limited | ₹99.66 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Rourkela, Odisha, India |
| Aastik Trading Private Limited | ₹99.56 Cr (FY 2018) | •••• | •••• | -50.0% | •••• | Mumbai, Maharashtra, India |
| All Arch India Private Limited | ₹99.56 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Anand Petrochem Private Limited | ₹99.54 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Ahmedabad, Gujarat, India |
| Shree Sawariya Foods Private Limited | ₹99.51 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Digital Waves International by revenue in the same principal business activity (Wholesale Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Digital Waves International Private Limited
Digital Waves International Private Limited is audited by S Rao & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S Rao & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Digital Waves International Private Limited
Digital Waves International 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 |
|---|---|---|---|---|
| Bhagwan Vishnu Magadum | Director | 21 Oct 2015 | 10 Years 11 Months | Current |
| Kempe Gowda Raghavendra Also directs: Codeswift Technologies LLP, Kohinoor Commodeal Private Limited, Siddhaprime Estates Private Limited and 2 more | Director | 07 Jul 2015 | 11 Years 3 Months | Current |
Ownership and Shareholding of Digital Waves International 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 Digital Waves International Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 May 2025 | Others | ₹2 Cr | Open |
| 28 May 2025 | Others | ₹2.9 Cr | Open |
| 23 Oct 2019 | Others | ₹36.12 Cr | Open |
| 15 Jun 2016 | Others | ₹25 Cr | Open |
| 24 Jan 2005 | H.D.F.C. Bank Ltd | ₹20 Lakh | Open |
Total charge records: 13 View all charges
Deals & Funding of Digital Waves International Private Limited
Digital Waves International Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹46 Lakh; the latest was in January 2020.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Feb 2007 | Funding round | ₹46 Lakh | Investors: 4 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Digital Waves International Private Limited
Digital Waves International Private Limited has 42 court cases on record: 38 filed by Digital Waves International, 4 filed against it. 11 cases are pending and 31 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 0 | 9 |
| High courts | 4 | 4 | 2 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Lisa Apparels Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Lisa Apparels Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Lisa Apparels Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Aria Brew & Dine Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Aria Brew & Dine Private Limited | Disposed |
Full case history
All 42 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Digital Waves International Private Limited
Digital Waves International operates one associated brand: Digital Waves. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Imports and distributes IT hardware, agri commodities, and industrial products globally. | digitalwaves.in |
Employees and EPFO Compliance at Digital Waves International Private Limited
Digital Waves International Private Limited has a workforce of 5 employees as of Apr 08, 2024.
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.
Group Structure of Digital Waves International Private Limited
Digital Waves International has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Kohinoor Commodeal Private Limited | U51909WB2009PTC137483 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Digital Waves International Private Limited
Digital Waves International Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Manish Ojha ceased to be Additional Director on 27 Sep 2019.
23 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Digital Waves International 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 Digital Waves International 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 Digital Waves International 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 Digital Waves International Private Limited
Digital Waves International has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCD9239J1Z8 | Karnataka | Active | 01 Jul 2017 |
| 33AABCD9239J1ZJ | Tamil Nadu | Active | 01 Jul 2017 |
| 36AABCD9239J1ZD | Telangana | Active | 01 Jul 2017 |
| 27AABCD9239J1ZC | Maharashtra | Active | 14 Sep 2018 |
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 Digital Waves International 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 Digital Waves International Private Limited
Digital Waves International is an active private limited company based in Bangalore, Karnataka, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 11 December 2003 (23+ years old) and is registered under CIN U30007KA2003PTC032994.
Digital Waves International reported revenue of ₹99.7 Cr for FY 2024 (up 15% YoY).
Digital Waves International has 2 current directors:
- Bhagwan Vishnu Magadum - Director
- Kempe Gowda Raghavendra - Director
Digital Waves International reported a net profit of ₹48.1 Lakh (net margin 0.5%) and EBITDA of ₹1.7 Cr (EBITDA margin 1.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Digital Waves International is 3% over three years and 1% over five years. In the latest year (FY 2024) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Digital Waves International is 29AABCD9239J1Z8, registered in Karnataka. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 33AABCD9239J1ZJ (Tamil Nadu), 36AABCD9239J1ZD (Telangana), 27AABCD9239J1ZC (Maharashtra).
The CIN (Corporate Identification Number) of Digital Waves International is U30007KA2003PTC032994. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Digital Waves International has 42 court cases on record: 38 filed by the company and 4 filed against it. 11 are pending. Most are in the district courts.
Digital Waves International was incorporated on 11 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Digital Waves International has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹46 Lakh; the latest was in January 2020.
The peers of Digital Waves International by revenue are Charles River Laboratories India Private Limited, Work Store Private Limited, Chesa Dental Care Services Limited, Lark Vanijya Private Limited, Manindra Metal Suppliers Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).