MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-22-0083511
Earthwave Technology Private Limited
Earthwave Technology Private Limited - energy and power in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹115.87 Cr
▲ 133% YoY
Net profit · FY 2025
₹79.76 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹1.56 Cr
EBITDA margin 1.3%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹41.92 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
4
As per MCA filings
About Earthwave Technology Private Limited
Data last updated:
Earthwave Technology Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 26 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31100GJ2020PTC116861. Its GSTIN is 24AAGCE1050R1ZJ (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Hitesh Kumar and Ravikant.
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 37 Shivshakti Residency 2 Pasodara Kamrej, Surat, Gujarat, India – 395008.
As per the financials filed for FY 2025, the company reported a revenue of ₹115.87 Cr, a growth of 133% compared to the previous year. For the same year it recorded a net profit of ₹79.76 Lakh (net margin 0.7%) and EBITDA of ₹1.56 Cr (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 139% over three years.
As per MCA filings, the company has open charges of ₹41.92 Cr on record.
Earthwave Technology Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0083511).
Company details
CIN U31100GJ2020PTC116861
Registration Number 116861
Incorporation Date 26 September 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification MSME
Udyam Registration UDYAM-GJ-22-0083511
Recognitions & Rankings of Earthwave Technology
Contact details
Earthwave Technology Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address37 Shivshakti Residency 2 Pasodara Kamrej, Surat, Gujarat, India – 395008
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Earthwave Technology Private Limited, buy the company report.
Comprehensive company report
Earthwave Technology 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Earthwave Technology is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Earthwave Technology Private Limited, buy the company report.
Financials of Earthwave Technology Private Limited
FY 2025 filings availableEarthwave Technology Private Limited reported revenue of ₹115.87 Cr (up 133% YoY) for FY 2025.
Revenue · FY 2025
₹115.87 Cr ▲ 133%
Net profit · FY 2025
₹79.76 Lakh margin 0.7%
EBITDA · FY 2025
₹1.56 Cr margin 1.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 133%
3 years · compounded
▲ 139%
EBITDA CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 137%
Revenue has grown at a compounded annual rate (CAGR) of 139% over three years, including 133% growth in the latest year. EBITDA rose 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.56 Cr | ||||
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| Net Profit (PAT) | ₹79.76 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Earthwave Technology Private Limited, buy the company report.
Board of directors of Earthwave Technology Private Limited
Earthwave Technology has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Kumar Also directs: Veda Solar Private Limited | Director | 25 Feb 2025 | 1 Years 8 Months | Current |
| Ravikant | Director | 25 Feb 2025 | 1 Years 8 Months | Current |
| Hardik Pravinbhai Kachhadiya Also directs: Ewave Energy Private Limited, Veda Solar Private Limited | Director | 26 Sep 2020 | 6 Years 1 Months | Current |
| Keyurkumar Nileshbhai Gajera Also directs: Ewave Energy Private Limited, Veda Solar Private Limited | Director | 26 Sep 2020 | 6 Years 1 Months | Current |
Auditor
Earthwave Technology Private Limited is audited by ANIKITKUMAR BOGHARA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIKITKUMAR BOGHARA | FY 2023 | 188741 |
Shareholding
The shareholding of Earthwave Technology Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Earthwave Technology Private Limited, buy the company report.
Charges & borrowings
Open charges
₹41.92 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2025 | 101209070 | State Bank of India | ₹5.88 Cr | Open | |
| 23 Dec 2025 | 101209069 | State Bank of India | ₹5.88 Cr | Open | |
| 29 Nov 2025 | 101195224 | Others | ₹30 Cr | Open | |
| 06 Jan 2025 | 101030670 | Hdfc Bank Limited | ₹15.68 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Earthwave Technology 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 Earthwave Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Earthwave Technology Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
Earthwave Technology has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCE1050R1ZJ | Gujarat | Active | 13 Oct 2020 |
To see the full GST registrations and return filing status of Earthwave Technology Private Limited, buy the company report.
Recent activity
Earthwave Technology Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Hitesh Kumar ceased to be Additional Director on 29 Sep 2025.
Charges
A charge with State Bank Of India amounted to Rs. 588.00 Lakh with Charge ID 101209070 was registered on 24 Dec 2025.
Charges
A charge with State Bank Of India amounted to Rs. 588.00 Lakh with Charge ID 101209069 was registered on 23 Dec 2025.
Charges
A charge with Others amounted to Rs. 3,000.00 Lakh with Charge ID 101195224 was registered on 29 Nov 2025.
AGM
Earthwave Technology Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Hitesh Kumar ceased to be Additional Director.
Ceased
Ravikant ceased to be Additional Director.
Filing
Earthwave Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Hitesh Kumar was appointed as Director.
Appointed
Ravikant was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.68 Lakh with Charge ID 101030670 was registered on 06 Jan 2025.
Appointed
Hardik Pravinbhai Kachhadiya was appointed as Director.
Appointed
Keyurkumar Nileshbhai Gajera was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Earthwave Technology is an active private limited company based in Surat, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 26 September 2020 (6+ years old) and is registered under CIN U31100GJ2020PTC116861.
Earthwave Technology has 4 current directors:
- Hitesh Kumar - Director
- Ravikant - Director
- Hardik Pravinbhai Kachhadiya - Director
- Keyurkumar Nileshbhai Gajera - Director
The latest financial statements of Earthwave Technology 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 FY 2021 are in the company report.
The GSTIN of Earthwave Technology is 24AAGCE1050R1ZJ, registered in Gujarat.
The CIN (Corporate Identification Number) of Earthwave Technology is U31100GJ2020PTC116861. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Earthwave Technology was incorporated on 26 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hitesh Kumar ceased to be Additional Director on 29 Sep 2025. Ravikant ceased to be Additional Director on 29 Sep 2025. Hitesh Kumar was appointed as Director on 25 Feb 2025. Earthwave Technology has 6 board changes on record in total.
Yes, Earthwave Technology is registered as an MSME under Udyam registration (number: UDYAM-GJ-22-0083511).
The registered office of Earthwave Technology is at 37 Shivshakti Residency 2 Pasodara Kamrej, Surat, Gujarat, India – 395008.
Earthwave Technology operates in the energy and power industry, in the power equipment manufacturers segment.