Goldwave Securities Ltd
About Goldwave Securities Ltd
Data last updated:
Goldwave Securities Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 31 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U61120WB1994PLC061673.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.44 Cr. It is led by directors including Vinay Vineet Passary and Vivek Passary.
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 Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.04 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹20.67 Lakh (net margin 19.9%) and EBITDA of ₹98.93 Lakh (EBITDA margin 95%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 83% over five years.
Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Goldwave Securities Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address209 A. J. C. Bose Road 5th Floor Karnani Estate, Room No.199 200 201, Kolkata, West Bengal, India – 700017
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Goldwave Securities Ltd, 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 Goldwave Securities is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Goldwave Securities Ltd, buy the company report.
Financials of Goldwave Securities Ltd
FY 2024 filings availableGoldwave Securities Ltd reported revenue of ₹1.04 Cr (up 163% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 83% over five years, including 163% growth in the latest year. EBITDA rose 206% 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 | ₹98.93 Lakh | ||||
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| Net Profit (PAT) | ₹20.67 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 | 95% | ||||
| Net Profit Margin | 19.9% | ||||
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To see the full financial statements and ratios of Goldwave Securities Ltd, buy the company report.
Board of directors of Goldwave Securities Ltd
Goldwave Securities has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Vineet Passary Also directs: Firestone Minings LLP, Ores India Private Limited, HRB Agro Private Limited and 4 more | Director | 13 Dec 2008 | 17 Years 10 Months | Current |
| Vivek Passary | Director | 13 Dec 2008 | 17 Years 10 Months | Current |
| Dina Nath Passary Also directs: Ores India Private Limited, Ashika Fintrade Pvt Ltd, Narayani Sons India Private Limited and 1 more | Director | 13 Dec 2008 | 17 Years 10 Months | Current |
Peer comparison
Goldwave Securities Ltd is compared with the 6 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rudraksh Gold Securities Private Limited | ₹1.04 Cr (FY 2025) | 11.0% | Mhow, Madhya Pradesh, India | |||
| Corporate Finvest India Private Limited | ₹1.04 Cr (FY 2025) | 20.0% | Delhi, India | |||
| Assure Financial Services Private Limited | ₹1.04 Cr (FY 2025) | -18.0% | New Delhi, Delhi, India | |||
| Goldwave Securities Ltdthis company | ₹1.04 Cr (FY 2025) | ₹20.67 Lakh | 19.9% | 163.0% | Kolkata, West Bengal, India | |
| Du-Luck Investment & Leasing Private Limited | ₹1.04 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Beyant Holding & Finance Limited | ₹1.04 Cr (FY 2025) | -13.0% | Raipur, Chhattisgarh, India | |||
| Tradelink Securities Ltd | ₹1.04 Cr (FY 2025) | 12.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Goldwave Securities Ltd, buy the company report.
Auditor
Goldwave Securities Ltd is audited by A. K. DIDWANIA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. K. DIDWANIA & CO. | FY 2022 | 325256E |
Shareholding
The shareholding of Goldwave Securities Ltd is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Goldwave Securities Ltd, buy the company report.
Legal cases
Goldwave Securities Ltd has 3 court cases on record: 3 filed by Goldwave Securities. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against Income Tax Officer Ward 6/2 and Ors | Disposed |
| Calcutta High Court | Appeal | Filed by the company | Disposed |
| Calcutta High Court | Company petition | Filed by the company | Disposed |
To see the full case history of Goldwave Securities Ltd, 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 Goldwave Securities Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Goldwave Securities Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Goldwave Securities Ltd has 8 board changes on record since 2008: 3 appointments and 5 cessations. The latest: Dina Nath Passary ceased to be Additional Director on 30 Sep 2017.
Frequently asked questions
Goldwave Securities is an active public limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 31 January 1994 (32+ years old) and is registered under CIN U61120WB1994PLC061673.
Goldwave Securities has 3 current directors:
- Vinay Vineet Passary - Director
- Vivek Passary - Director
- Dina Nath Passary - Director
The latest financial statements of Goldwave Securities on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Goldwave Securities is U61120WB1994PLC061673. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goldwave Securities has 3 court cases on record: 3 filed by the company.
Goldwave Securities was incorporated on 31 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Goldwave Securities by revenue are Rudraksh Gold Securities Private Limited, Corporate Finvest India Private Limited, Assure Financial Services Private Limited, Du-Luck Investment & Leasing Private Limited, Beyant Holding & Finance Limited and 1 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Dina Nath Passary ceased to be Additional Director on 30 Sep 2017. Vivek Passary ceased to be Additional Director on 30 Sep 2017. Jaydeep Kumar Khaitan ceased to be Director on 01 Mar 2011. Goldwave Securities has 8 board changes on record in total.
The registered office of Goldwave Securities is at 209 A. J. C. Bose Road 5th Floor Karnani Estate, Room No.199 200 201, Kolkata, West Bengal, India – 700017.
Goldwave Securities operates in the financial services industry, in the nbfc segment.
The compliance status of Goldwave Securities is compliant as of 25 August 2026. The company is actively filing with the Registrar of Companies.