About Green Waves Private Limited
Data last updated:
Green Waves Private Limited is a private limited company based in Bhubaneswar, Orissa, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 24 April 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U24233OR1992PTC003051. Its GSTIN is 21AABCG1145Q1ZQ (Odisha). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹70 Lakh. It is led by directors including Gopananda Misra (Managing Director) and Preetiman Misra.
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 Brahmeswar Patna, Bhubaneswar, Orissa, India – 751018.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.33 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.47 Lakh (net margin 0.5%) and EBITDA of ₹26.35 Lakh (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 22% over five years.
As per MCA filings, the company has open charges of ₹4.98 Cr and satisfied charges of ₹1.2 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greenwaves.net.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressBrahmeswar Patna, Bhubaneswar, Orissa, India – 751018
- IndustryPharma, Drug Formulation & Development
- 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 Green Waves Private Limited
The main business activity of Green Waves is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | 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 Green Waves Private Limited FY 2024 filings available
Green Waves Private Limited reported revenue of ₹6.33 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Green Waves Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 13% growth in the latest year. EBITDA rose 17% 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 Green Waves Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹26.35 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.47 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 Green Waves Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | •••• | •••• | •••• | •••• |
| 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 Green Waves 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 Green Waves Private Limited
Green Waves Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mannika Biotech Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Incus Pharmaceuticals Private Limited | •••• | •••• | •••• | •••• | 14 | Ernakulam, Kerala, India |
| Chemxzen Labs Private Limited | •••• | •••• | •••• | •••• | 12 | Medchal-Malkajgiri, Telangana, India |
| Canopas Medworld Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Alrub Chemicals Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Green Waves Private Limited this company | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Kiran Drug House Private Limited | •••• | •••• | •••• | •••• | - | Nashik, Maharashtra, India |
| Sag Health Science Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Krosyl Pharmaceuticals Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Taj Pharmaceuticals Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Inex Medicaments Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Green Waves by revenue in the Pharma industry (Formulations), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Green Waves Private Limited
Green Waves Private Limited is audited by H.K. SAHOO & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H.K. SAHOO & 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 Green Waves Private Limited
Green Waves has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Preetiman Misra | Director | 20 Jun 2023 | 3 Years 3 Months | Current |
| Nityananda Misra Also directs: Graftek Private Limited | Director | 01 Sep 2000 | 26 Years 1 Months | Current |
| Gopananda Misra Also directs: Bloom Biolabs Private Limited | Managing Director | 10 Jun 1992 | 34 Years 3 Months | Current |
| Brajananda Misra | Director | 14 Nov 2016 | 9 Years 10 Months | Current |
Ownership and Shareholding of Green Waves 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 Green Waves Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Apr 2024 | State Bank of India | ₹2.21 Cr | Open |
| 08 Aug 2001 | State Bank of India | ₹2.11 Cr | Open |
| 08 Aug 1996 | State Bank Ofindia | ₹66 Lakh | Open |
| 04 Jul 1995 | Orissa State Financeal Corportion | ₹60 Lakh | Satisfied |
| 04 Jul 1995 | Orissastate Financeal Corportion | ₹60 Lakh | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Green Waves Private Limited
Green Waves Private Limited has 4 court cases on record: 2 filed by Green Waves, 2 filed against it. 1 case is pending and 3 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against an individual | Pending |
| High Court of Orissa | Writ petition | Filed by the company against Union of India | Disposed |
| High Court of Orissa | Court case (CRLMC) | Filed against the company by an individual | Disposed |
| High Court of Orissa | Court case (CRLMC) | Filed against the company by an individual | Disposed |
Full case history
All 4 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.
Employees and EPFO Compliance at Green Waves Private Limited
Employment history and EPFO contributions of people linked to Green Waves.
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 Green Waves Private Limited
Green Waves Private Limited has 6 board changes on record since 1992: 4 appointments and 2 cessations. The latest: Preetiman Misra was appointed as Director on 20 Jun 2023.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Green Waves 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 Green Waves 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 Green Waves 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 Green Waves Private Limited
Green Waves has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AABCG1145Q1ZQ | Odisha | Active | 01 Jul 2017 |
| 21AABCG2026Q1ZS | Odisha | Active | 01 Jul 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 Green Waves 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 Green Waves Private Limited
Green Waves is an active private limited company based in Bhubaneswar, Orissa, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 24 April 1992 (34+ years old) and is registered under CIN U24233OR1992PTC003051.
Green Waves reported revenue of ₹6.33 Cr for FY 2025 (up 13% YoY).
Green Waves has 4 current directors:
- Gopananda Misra - Managing Director
- Preetiman Misra - Director
- Nityananda Misra - Director
- Brajananda Misra - Director
Green Waves reported a net profit of ₹3.47 Lakh (net margin 0.5%) and EBITDA of ₹26.35 Lakh (EBITDA margin 4.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Green Waves is -6% over three years and 22% over five years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Green Waves is 21AABCG1145Q1ZQ, registered in Odisha. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 21AABCG2026Q1ZS (Odisha).
The CIN (Corporate Identification Number) of Green Waves is U24233OR1992PTC003051. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Green Waves has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Green Waves was incorporated on 24 April 1992, making it 34+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Green Waves by revenue are Mannika Biotech Private Limited, Incus Pharmaceuticals Private Limited, Chemxzen Labs Private Limited, Canopas Medworld Private Limited, Alrub Chemicals Private Limited and 5 more, all in the Pharma industry (Formulations).
Preetiman Misra was appointed as Director on 20 Jun 2023. Dibakar Misra ceased to be Director on 01 Apr 2019. Brajananda Misra ceased to be Additional Director on 30 Sep 2017. Green Waves has 6 board changes on record in total.