About Greenwave Technologies India Private Limited
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Greenwave Technologies India Private Limited is a private limited company based in North 24 Parganas, West Bengal, India, a subsidiary of Greenwave Llc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 27 July 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72200WB2001PTC093520. Its GSTIN is 19AAACX0212G1ZQ (West Bengal).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Arinjay Ganesh Madhav and Sougata Ash.
Its last annual general meeting (AGM) was held on 18 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 11th Floor Tower/Block – A Rdb Primarc Tech Park, 8 Major Arterial Road Block Af New Town Rajarhat District North 24 Parganas Kolkata – 700163, West Bengal, India – 700163.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.4 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹62.57 Lakh (net margin 9.8%) and EBITDA of ₹91.69 Lakh (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 8% over five years.
The company has about 76 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greenwavellc.com.
Company details
CIN history
Greenwave Technologies India has one previous CIN (Corporate Identification Number): U99999WB2001PTC093520. The current CIN is U72200WB2001PTC093520, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200WB2001PTC093520 | Current |
| U99999WB2001PTC093520 | Previous |
Contact details
Greenwave Technologies India Private Limited's registered office is in North 24 Parganas, West Bengal. Its website is greenwavellc.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address11th Floor Tower/Block – A Rdb Primarc Tech Park, 8 Major Arterial Road Block Af New Town Rajarhat District North 24 Parganas Kolkata – 700163, West Bengal, India – 700163
- IndustryInformation Technology, Application Development & Software Solutions
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- 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 Greenwave Technologies India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Greenwave Technologies India Private Limited, buy the company report.
Financials of Greenwave Technologies India Private Limited
FY 2025 filings availableGreenwave Technologies India Private Limited reported revenue of ₹6.4 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 17% growth in the latest year. EBITDA rose 18% 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 | ₹91.69 Lakh | ||||
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| Net Profit (PAT) | ₹62.57 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 | 14.3% | ||||
| Net Profit Margin | 9.8% | ||||
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To see the full financial statements and ratios of Greenwave Technologies India Private Limited, buy the company report.
Board of directors of Greenwave Technologies India Private Limited
Greenwave Technologies India has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arinjay Ganesh Madhav Also directs: Ivarene Technologies Private Limited | Director | 18 May 2015 | 11 Years 5 Months | Current |
| Sougata Ash | Director | 13 Sep 2004 | 22 Years 1 Months | Current |
| Srinidhi Vishwanath Also directs: Ivarene Technologies Private Limited | Director | 29 Sep 2005 | 21 Years 1 Months | Current |
| Shuvabrata Mandal Also directs: Fox Mandal & Associates LLP, S.K. Mandal LLP, Fox Mandal Services Private Limited and 5 more | Director | 05 Nov 2012 | 14 Years 0 Months | Current |
Peer comparison
Greenwave Technologies India Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Halcyon Technologies Private Limited | ₹6.44 Cr (FY 2025) | -13.0% | Hyderabad, Telangana, India | |||
| Greenwave Technologies India Private Limitedthis company | ₹6.4 Cr (FY 2025) | ₹62.57 Lakh | 9.8% | 17.0% | 76 | North 24 Parganas, West Bengal, India |
| D-Tools Development Center Private Limited | ₹6.39 Cr (FY 2024) | 12.0% | Egmore, Chennai 600008, Tamil Nadu, India | |||
| Xiarch Bharat Private Limited | ₹6.39 Cr (FY 2024) | 21.0% | New Delhi, Delhi, India |
To see the full peer comparison of Greenwave Technologies India Private Limited, buy the company report.
Auditor
Greenwave Technologies India Private Limited is audited by S. DUTT & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. DUTT & CO. | FY 2023 | 325534E |
Shareholding
The shareholding of Greenwave Technologies India Private Limited 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 Greenwave Technologies India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Greenwave Technologies India 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 Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Greenwave Technologies India Private Limited has a workforce of 76 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 76 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Greenwave Technologies India Private Limited, buy the company report.
GST
Greenwave Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACX0212G1ZQ | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Greenwave Technologies India Private Limited, buy the company report.
Recent activity
Greenwave Technologies India Private Limited has 8 board changes on record since 2004: 4 appointments and 4 cessations. The latest: John Edward Shackelford ceased to be Director on 24 Apr 2018.
Frequently asked questions
Greenwave Technologies India is an active private limited company based in North 24 Parganas, West Bengal, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 27 July 2001 (25+ years old) and is registered under CIN U72200WB2001PTC093520.
Greenwave Technologies India has 4 current directors:
- Arinjay Ganesh Madhav - Director
- Sougata Ash - Director
- Srinidhi Vishwanath - Director
- Shuvabrata Mandal - Director
The latest financial statements of Greenwave Technologies India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Greenwave Technologies India is 19AAACX0212G1ZQ, registered in West Bengal.
The CIN (Corporate Identification Number) of Greenwave Technologies India is U72200WB2001PTC093520. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Greenwave Technologies India was incorporated on 27 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Greenwave Technologies India by revenue are Halcyon Technologies Private Limited, D-Tools Development Center Private Limited, Xiarch Bharat Private Limited, all in the Information Technology industry (Application Development, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
John Edward Shackelford ceased to be Director on 24 Apr 2018. Arinjay Ganesh Madhav ceased to be Additional Director on 16 Jun 2015. Arinjay Ganesh Madhav was appointed as Director on 18 May 2015. Greenwave Technologies India has 8 board changes on record in total.
Greenwave Technologies India can be reached through the website greenwavellc.com. Its registered office is in North 24 Parganas, West Bengal, India.
The registered office of Greenwave Technologies India is at 11th Floor TowerBlock – A Rdb Primarc Tech Park, 8 Major Arterial Road Block Af New Town Rajarhat District North 24 Parganas Kolkata – 700163, West Bengal, India – 700163.
Greenwave Technologies India operates in the information technology industry, in the application development and software solutions segment.
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