About Global Wave Systems Private Limited
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Global Wave Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 04 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2013PTC245229. Its GSTIN is 27AAFCG2773G1ZJ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Zubin Phiroze Mehta and Phiroze Homi Mehta.
Its last annual general meeting (AGM) was held on 30 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Flat No.4 Plot No.293 Tps III S.V.Road Opp.Srof Eye Hospital Bandra, Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2020, the company reported a revenue of ₹95.64 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹3.71 Lakh (net margin -3.9%) and EBITDA of -₹3.38 Lakh (EBITDA margin -3.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 51% over five years.
The company is associated with 1 brand: Global Wave Group.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website globalwavegroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressFlat No.4 Plot No.293 Tps III S.V.Road Opp.Srof Eye Hospital Bandra, Mumbai, Maharashtra, India – 400050
- IndustryInformation Technology, Software Development & Support Services
- 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 Global Wave Systems Private Limited
The main business activity of Global Wave Systems is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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 Global Wave Systems Private Limited FY 2020 filings available
Global Wave Systems Private Limited reported revenue of ₹95.64 Lakh (down 4% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Global Wave Systems Private Limited
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 51%. EBITDA fell 139% 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 Global Wave Systems Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹95.64 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹3.38 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.71 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 Global Wave Systems Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.9% | •••• | •••• | •••• | •••• |
| 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 Global Wave Systems 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 Global Wave Systems Private Limited
Global Wave Systems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sriyam Technologies Private Limited | ₹95.97 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Kolkata, West Bengal, India |
| Netar Software Services Private Limited | ₹95.9 Lakh (FY 2018) | •••• | •••• | -4.0% | •••• | Hyderabad, Telangana, India |
| Techmind Solutions Private Limited | ₹95.75 Lakh (FY 2024) | •••• | •••• | 65.0% | •••• | Bangalore, Karnataka, India |
| Zilicus Solutions LLP | ₹95.68 Lakh (FY 2021) | •••• | •••• | -18.0% | •••• | Pune, Maharashtra, India |
| Maitri Information Systems Private Limited | ₹95.67 Lakh (FY 2025) | •••• | •••• | -31.0% | •••• | Malleshwaram, Karnataka, India |
| Global Wave Systems Private Limited this company | ₹95.64 Lakh (FY 2020) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| PRLD AI Digital Solutions Private Limited | ₹95.48 Lakh (FY 2023) | •••• | •••• | 60.0% | •••• | Ranchi, Jharkhand, India |
| Suman Computech Private Limited | ₹95.36 Lakh (FY 2025) | •••• | •••• | 94.0% | •••• | New Delhi, Delhi, India |
| PP Processing Services India Private Limited | ₹95.33 Lakh (FY 2025) | •••• | •••• | 37.0% | •••• | Mumbai, Maharashtra, India |
| Infogain Systems Private Limited | ₹95.23 Lakh (FY 2020) | •••• | •••• | -85.0% | •••• | New Delhi, Delhi, India |
| Martian Mobility India Private Limited | ₹95.13 Lakh (FY 2024) | •••• | •••• | -7.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Global Wave Systems by revenue in the Information Technology industry (Software Services), 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 Global Wave Systems Private Limited
Global Wave Systems Private Limited is audited by MANISH P JAIN & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANISH P JAIN & 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 Global Wave Systems Private Limited
Global Wave Systems has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zubin Phiroze Mehta | Director | 04 Jul 2013 | 13 Years 3 Months | Current |
| Phiroze Homi Mehta | Director | 23 Jan 2015 | 11 Years 8 Months | Current |
Ownership and Shareholding of Global Wave Systems 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 Global Wave Systems Private Limited
Global Wave Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Global Wave Systems Private Limited
Global Wave Systems operates one associated brand: Global Wave Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers software for loan origination, risk management, and compliance in banking. | globalwavegroup.com |
Employees and EPFO Compliance at Global Wave Systems Private Limited
Employment history and EPFO contributions of people linked to Global Wave Systems.
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.
Recent Activity on Global Wave Systems Private Limited
Global Wave Systems Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Phiroze Homi Mehta ceased to be Additional Director on 30 Sep 2020.
Credit Ratings, Litigation & Regulatory Alerts for Global Wave Systems 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 Global Wave Systems 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 Global Wave Systems 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 Global Wave Systems Private Limited
Global Wave Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCG2773G1ZJ | Maharashtra | Active | 08 Nov 2017 |
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 Global Wave Systems 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 Global Wave Systems Private Limited
Global Wave Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 04 July 2013 (13+ years old) and is registered under CIN U72900MH2013PTC245229.
Global Wave Systems reported revenue of ₹95.64 Lakh for FY 2020 (down 4% YoY).
Global Wave Systems has 2 current directors:
- Zubin Phiroze Mehta - Director
- Phiroze Homi Mehta - Director
Global Wave Systems reported a net loss of ₹3.71 Lakh (net margin -3.9%) and EBITDA of -₹3.38 Lakh (EBITDA margin -3.5%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Global Wave Systems is 13% over three years and 51% over five years. In the latest year (FY 2020) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Global Wave Systems is 27AAFCG2773G1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Global Wave Systems is U72900MH2013PTC245229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Global Wave Systems was incorporated on 04 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Global Wave Systems by revenue are Sriyam Technologies Private Limited, Netar Software Services Private Limited, Techmind Solutions Private Limited, Zilicus Solutions LLP, Maitri Information Systems Private Limited and 5 more, all in the Information Technology industry (Software Services).
Phiroze Homi Mehta ceased to be Additional Director on 30 Sep 2020. Zubin Phiroze Mehta ceased to be Director on 29 Sep 2020. Jason Allen Gradel ceased to be Director on 26 Sep 2019. Global Wave Systems has 5 board changes on record in total.
Global Wave Systems can be reached through the website globalwavegroup.com. Its registered office is in Mumbai, Maharashtra, India.