Greenwave Innovations Private Limited
About Greenwave Innovations Private Limited
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Greenwave Innovations Private Limited was a private limited company based in Surat, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 03 January 2012.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2012PTC068466. Its GSTIN is 24AAECG5273G1ZP (Gujarat).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Bhanwarlal Prahladrai Kabra and Suman Bharatkumar Chaudhari.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Shop No. 308 Royal Trade Center Opp. Star Mall Hajira Road Adajan, Surat, Gujarat, India – 395009.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.28 Cr. For the same year it recorded a net profit of ₹8.1 Lakh (net margin 3.6%) and EBITDA of ₹24.27 Lakh (EBITDA margin 10.6%).
Company details
Contact details
Greenwave Innovations Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 308 Royal Trade Center Opp. Star Mall Hajira Road Adajan, Surat, Gujarat, India – 395009
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Greenwave Innovations Private Limited, 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
Financials of Greenwave Innovations Private Limited
FY 2019 filings availableGreenwave Innovations Private Limited reported revenue of ₹2.28 Cr for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹2.28 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹24.27 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹8.1 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10.6% | ||
| Net Profit Margin | 3.6% | ||
| 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 | |||
To see the full financial statements and ratios of Greenwave Innovations Private Limited, buy the company report.
Board of directors of Greenwave Innovations Private Limited
Greenwave Innovations 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 |
|---|---|---|---|---|
| Bhanwarlal Prahladrai Kabra | Director | 31 Mar 2018 | 8 Years 6 Months | As last reported |
| Suman Bharatkumar Chaudhari | Director | 15 Dec 2015 | 10 Years 10 Months | As last reported |
Auditor
Greenwave Innovations Private Limited is audited by PURVIN Y. SHAH AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PURVIN Y. SHAH AND ASSOCIATES | FY 2017 | 125941W |
Shareholding
The shareholding of Greenwave Innovations Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Greenwave Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Greenwave Innovations 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 Greenwave Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Greenwave Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECG5273G1ZP | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Greenwave Innovations Private Limited, buy the company report.
Recent activity
Greenwave Innovations Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Bharatbhai Rahingaram Chaudhari ceased to be Director on 01 May 2019.
Frequently asked questions
Greenwave Innovations has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Greenwave Innovations was a private limited company based in Surat, Gujarat, India. The company worked in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 03 January 2012 and is registered under CIN U29100GJ2012PTC068466. The company has been struck off by the Registrar of Companies and is no longer operational.
Greenwave Innovations had 2 directors:
- Bhanwarlal Prahladrai Kabra - Director
- Suman Bharatkumar Chaudhari - Director
The CIN (Corporate Identification Number) of Greenwave Innovations is U29100GJ2012PTC068466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Greenwave Innovations is at Shop No. 308 Royal Trade Center Opp. Star Mall Hajira Road Adajan, Surat, Gujarat, India – 395009.
Greenwave Innovations was incorporated on 03 January 2012. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Greenwave Innovations on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Greenwave Innovations is 24AAECG5273G1ZP, registered in Gujarat.
Greenwave Innovations operated in the machinery and equipment industry, in the industrial machinery retail and distribution segment. It worked in this industry before it was struck off.
Bharatbhai Rahingaram Chaudhari ceased to be Director on 01 May 2019. Bhanwarlal Prahladrai Kabra was appointed as Director on 31 Mar 2018. Hemantbhai Jagubhai Patel ceased to be Director on 15 Dec 2015. Greenwave Innovations has 5 board changes on record in total.