About Hotwax Systems Private Limited
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Hotwax Systems Private Limited is a private limited company based in Indore, Madhya Pradesh, India, a subsidiary of M/S. Hotwax Media Inc.. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 March 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72200MP2002PTC015037. Its GSTIN is 23AACCH0313C1ZL (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Hotwax Media Private Limited and Aditisoft Solutions and Consulting Services Private Limited. It is led by director Ashish Vijaywargiya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 80 Scheme No. 78 Part 2, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.96 Cr, a growth of 2% compared to the previous year.
The company has about 84 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HotWax Systems.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hotwaxsystems.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 80 Scheme No. 78 Part 2, Indore, Madhya Pradesh, India – 452010
- IndustryInformation Technology, IT Consulting & Support Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Hotwax Systems
Hotwax Systems has undergone 2 name changes throughout its history. The company was previously known as Hotwax Media Private Limited, and Aditisoft Solutions And Consulting Services Private Limited. The current legal name is Hotwax Systems Private Limited.
| Company Name | Status |
|---|---|
| Hotwax Systems Private Limited | Current |
| Hotwax Media Private Limited | Previous |
| Aditisoft Solutions And Consulting Services Private Limited | Previous |
Associated Brands with Hotwax Systems
Hotwax Systems operates one associated brand: HotWax Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers Apache OFBiz development, consulting, support, and training for enterprise systems. | hotwaxsystems.com |
Competitors & Alternatives of Hotwax Systems
Brands and companies operating in the same space as Hotwax Systems Private Limited include RedShelf, Unicorn, Hedgehog lab and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 RedShelf | Platform offering digital textbooks for students | Chicago, United States, United States | 2012 |
 Unicorn | Software development services are provided by Unicorn in Prague. | Prague, Czech Republic, Czechia | 1990 |
 Hedgehog lab | Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom, United Kingdom | 2007 |
 AlmavivA | IT services suite solutions are provided globally by AlmavivA. | Rome, Italy, Italy | 2005 |
 Kontron | Embedded computing platforms are developed for industrial applications. | Linz, Austria, Austria | 1959 |
 AKQA | Integrated digital marketing campaigns are developed and executed across channels. | Riyadh, Saudi Arabia, Saudi Arabia | 1994 |
 Hancom | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | Seongnam-si, South Korea, South Korea | 1990 |
 3Pillar Global | Adaptive software products are developed for business applications. | Fairfax, United States, United States | 2006 |
 Gigster | Software development services are provided via an AI-powered platform. | Austin, United States, United States | 2013 |
 Asia Innovations | Mobile social and online entertainment products | Hangzhou, China, China | 2013 |
Business Activity of Hotwax Systems
The main business activity of Hotwax Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details for Hotwax Systems Private Limited
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.
Auditor Details of Hotwax Systems
Hotwax Systems Private Limited is audited by B. Jakhetiya & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B. Jakhetiya & Co. | Locked | Locked | Locked |
Complete auditor history for Hotwax Systems Private Limited
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 Hotwax Systems Private Limited
Hotwax Systems has 1 current director and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Vijaywargiya | Director | 22 Mar 2002 | 24 Years 6 Months | Current |
Financials of Hotwax Systems Private Limited FY 2025 filings available
Hotwax Systems Private Limited reported revenue of ₹12.96 Cr (up 2.00% YoY) for FY 2025.
Ten-year financial statements for Hotwax Systems Private Limited
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.
Ownership and Shareholding of Hotwax Systems
Shareholding and ownership data for Hotwax Systems Private Limited
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 Hotwax Systems
Hotwax Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hotwax Systems
Hotwax Systems Private Limited has a workforce of 84 employees as of Apr 09, 2024.
Employee and EPFO history for Hotwax Systems Private Limited
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.
GST Compliance of Hotwax Systems
Hotwax Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCH0313C1ZL | Madhya Pradesh | Active | 05 Sep 2017 |
GST registrations and filing compliance for Hotwax Systems Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Hotwax Systems
Credit ratings, litigation, and regulatory alerts for Hotwax Systems Private Limited
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 Hotwax Systems
MSME payment history for Hotwax Systems Private Limited
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 Hotwax Systems
Corporate group structure for Hotwax Systems Private Limited
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.
MCA Filings & Documents of Hotwax Systems
MCA filings and documents for Hotwax Systems Private Limited
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.
Recent Activity on Hotwax Systems
Frequently Asked Questions about Hotwax Systems Private Limited
Hotwax Systems is an active private limited company based in Indore, Madhya Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 March 2002 (24+ years old) and is registered under CIN U72200MP2002PTC015037.
Hotwax Systems reported revenue of ₹12.96 Cr for FY 2025 (up 2.00% YoY).
Hotwax Systems has 1 current director:
- Ashish Vijaywargiya - Director
The GSTIN of Hotwax Systems is 23AACCH0313C1ZL, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Hotwax Systems is U72200MP2002PTC015037. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hotwax Systems was incorporated on 22 March 2002, making it 24+ years old. It is registered with the Registrar of Companies, Gwalior.
Hotwax Systems can be reached through the website hotwaxsystems.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Hotwax Systems is at Plot No. 80 Scheme No. 78 Part 2, Indore, Madhya Pradesh, India – 452010.
Hotwax Systems has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.