MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-03-0040370
Digiwave Networks Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹48.23 Lakh
▲ 24% YoY
Net profit · FY 2021
₹1.25 Lakh
Net margin 2.6%
EBITDA · FY 2021
₹6.25 Lakh
EBITDA margin 13%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
17 yrs
Est. 2009
Employees · EPFO
2
Provident fund records
Directors on board
2
As per MCA filings
About Digiwave Networks Private Limited
Data last updated:
Digiwave Networks 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 02 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2009PTC051693. Its GSTIN is 29AADCD2854P1Z3 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Venkatappa Umesha and Srinivasa Govindapura Venkatappa.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Unit No. 111 2(2) 1st Floor Bindu Galaxy Woc Road Rajajinagar Industrial Town, Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2021, the company reported a revenue of ₹48.23 Lakh, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹1.25 Lakh (net margin 2.6%) and EBITDA of ₹6.25 Lakh (EBITDA margin 13%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 12% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
Digiwave Networks Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0040370). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website digiwavenetworks.com.
Company details
CIN U72900KA2009PTC051693
Registration Number 051693
Incorporation Date 02 December 2009
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0040370
Recognitions & Rankings of Digiwave Networks
Contact details
Digiwave Networks Private Limited's registered office is in Bangalore, Karnataka. Its website is digiwavenetworks.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressUnit No. 111 2(2) 1st Floor Bindu Galaxy Woc Road Rajajinagar Industrial Town, Bangalore, Karnataka, India – 560010
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Digiwave Networks Private Limited, buy the company report.
Comprehensive company report
Digiwave Networks 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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Secure checkout · GST invoice included
Business activity
The main business activity of Digiwave Networks is information and communication. In detail, this covers motion picture, video and television programme production, sound recording and music publishing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J3 | Motion picture, video and television programme production, sound recording and music publishing activities |
To see the full business activity and turnover split of Digiwave Networks Private Limited, buy the company report.
Financials of Digiwave Networks Private Limited
FY 2021 filings availableDigiwave Networks Private Limited reported revenue of ₹48.23 Lakh (up 24% YoY) for FY 2021.
Revenue · FY 2021
₹48.23 Lakh ▲ 24%
Net profit · FY 2021
₹1.25 Lakh margin 2.6%
EBITDA · FY 2021
₹6.25 Lakh margin 13%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▼ 47%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 51%
5 years · compounded
▲ 27%
Revenue rose 24% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA fell 20% 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
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| EBITDA | ₹6.25 Lakh | ||||
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| Net Profit (PAT) | ₹1.25 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 13% | ||||
| Net Profit Margin | 2.6% | ||||
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To see the full financial statements and ratios of Digiwave Networks Private Limited, buy the company report.
Board of directors of Digiwave Networks Private Limited
Digiwave Networks 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 |
|---|---|---|---|---|
| Venkatappa Umesha Also directs: Bioally Animal Facility and Research Private Limited | Director | 11 Oct 2021 | 5 Years 0 Months | Current |
| Srinivasa Govindapura Venkatappa Also directs: Bioally Animal Facility and Research Private Limited | Director | 02 Dec 2009 | 16 Years 10 Months | Current |
Auditor
Digiwave Networks Private Limited is audited by SHEKAR & RAJASHEKAR for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHEKAR & RAJASHEKAR | FY 2018 | 011287S |
Shareholding
The shareholding of Digiwave Networks Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Digiwave Networks Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Digiwave Networks Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Digiwave Networks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Digiwave Networks Private Limited has a workforce of 2 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
-50%
GST
Digiwave Networks has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCD2854P1Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Digiwave Networks Private Limited, buy the company report.
Recent activity
Digiwave Networks Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Seetha Srinivas ceased to be Director on 12 Oct 2021.
AGM
Digiwave Networks Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Ceased
Seetha Srinivas ceased to be Director.
Appointed
Venkatappa Umesha was appointed as Director.
Filing
Digiwave Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Ceased
Shankara Muthaiah ceased to be Director.
Ceased
Tumkur Vishwanath Rajanna ceased to be Director.
Appointed
Srinivasa Govindapura Venkatappa was appointed as Director.
Incorporation
02 Dec 2009
Digiwave Networks Private Limited was registered on 02 Dec 2009 with Roc Bangalore & aged 16 years 10 months as per MCA records.
Frequently asked questions
Digiwave Networks 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 02 December 2009 (17+ years old) and is registered under CIN U72900KA2009PTC051693.
Digiwave Networks has 2 current directors:
- Venkatappa Umesha - Director
- Srinivasa Govindapura Venkatappa - Director
The latest financial statements of Digiwave Networks on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Digiwave Networks is 29AADCD2854P1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Digiwave Networks is U72900KA2009PTC051693. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Digiwave Networks was incorporated on 02 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Seetha Srinivas ceased to be Director on 12 Oct 2021. Venkatappa Umesha was appointed as Director on 11 Oct 2021. Shankara Muthaiah ceased to be Director on 25 Mar 2014. Digiwave Networks has 5 board changes on record in total.
Yes, Digiwave Networks is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0040370).
Digiwave Networks can be reached through the website digiwavenetworks.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Digiwave Networks is at Unit No. 111 22 1st Floor Bindu Galaxy Woc Road Rajajinagar Industrial Town, Bangalore, Karnataka, India – 560010.