About Hotwax Systems Private Limited
Data last updated: 22 December 2025
Hotwax Systems Private Limited is a private limited company based in Indore, Madhya Pradesh, India, a subsidiary of M/S. Hotwax Media Inc.. It specialises in IT consulting and support services, a part of the broader technology and IT services sector. Incorporated on 22 March 2002, the company has been in operation for over 24 years.
Registered with ROC Gwalior under CIN U72200MP2002PTC015037.
Capital: an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. Formerly known as Hotwax Media Private Limited and Aditisoft Solutions and Consulting Services Private Limited. It is led by director Ashish Vijaywargiya.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 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 a workforce of approximately 84 employees as per the latest available data. It operates as a subsidiary of M/S. Hotwax Media Inc..
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.
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Registered AddressPlot No. 80 Scheme No. 78 Part 2, Indore, Madhya Pradesh, India – 452010
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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 Private Limited
Hotwax Systems Private Limited 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, reflecting the company's evolution and rebranding over time.
| 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 Private Limited
Hotwax Systems Private Limited operates one associated brand: HotWax Systems. These brands represent Hotwax Systems Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers Apache OFBiz development, consulting, support, and training for enterprise systems. | hotwaxsystems.com |
Competitors & Alternatives of Hotwax Systems Private Limited
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
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Platform offering digital textbooks for students | Chicago, United States, United States | 2012 |
Unicorn
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Software development services are provided by Unicorn in Prague. | Prague, Czech Republic, Czechia | 1990 |
Hedgehog lab
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Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom, United Kingdom | 2007 |
AlmavivA
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IT services suite solutions are provided globally by AlmavivA. | Rome, Italy, Italy | 2005 |
Kontron
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Embedded computing platforms are developed for industrial applications. | Linz, Austria, Austria | 1959 |
AKQA
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Integrated digital marketing campaigns are developed and executed across channels. | Riyadh, Saudi Arabia, Saudi Arabia | 1994 |
Hancom
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Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | Seongnam-si, South Korea, South Korea | 1990 |
3Pillar Global
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Adaptive software products are developed for business applications. | Fairfax, United States, United States | 2006 |
Gigster
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Software development services are provided via an AI-powered platform. | Austin, United States, United States | 2013 |
Asia Innovations
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Mobile social and online entertainment products | Hangzhou, China, China | 2013 |
Business Activity of Hotwax Systems Private Limited
Hotwax Systems Private Limited is engaged in the principal business activity of information and communication, with detailed activities including 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 contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Hotwax Systems Private Limited
Hotwax Systems Private Limited is audited by B. Jakhetiya & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B. Jakhetiya & Co. | Locked | Locked | Locked |
Complete auditor history for Hotwax Systems Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Hotwax Systems Private Limited
Hotwax Systems Private Limited is currently managed by 1 director, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Vijaywargiya | Director | 22 Mar 2002 | 24 Years 4 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
Historical statement values and trend charts require an active report plan.
- Income statements
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Ownership and Shareholding of Hotwax Systems Private Limited
Shareholding and ownership data for Hotwax Systems Private Limited
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Charges & Borrowings Hotwax Systems Private Limited
Hotwax Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Hotwax Systems Private Limited
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, establishment records, and filing compliance require an active report plan.
- Monthly headcount
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- ECR filing status
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GST Compliance of Hotwax Systems Private Limited
GST registrations and filing compliance for Hotwax Systems Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Hotwax Systems Private Limited
Credit ratings, litigation, and regulatory alerts for Hotwax Systems Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Hotwax Systems Private Limited
MSME payment history for Hotwax Systems Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Hotwax Systems Private Limited
Corporate group structure for Hotwax Systems Private Limited
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- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
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MCA Filings & Documents of Hotwax Systems Private Limited
MCA filings and documents for Hotwax Systems Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Hotwax Systems Private Limited
Frequently Asked Questions about Hotwax Systems Private Limited
Hotwax Systems Private Limited is an active private limited company in the information technology sector based in Indore, Madhya Pradesh, India. It was incorporated on 22 March 2002 (24+ years old) and is registered under CIN U72200MP2002PTC015037. The company has 84 employees.
Hotwax Systems Private Limited reported revenue of ₹12.96 Cr for FY 2025 (up 2.00% YoY).
The current directors of Hotwax Systems Private Limited are:
- Ashish Vijaywargiya - Director
The primary industry of Hotwax Systems Private Limited is information technology. The company specifically operates in IT consulting and support services. The company is currently active in this sector.
Hotwax Systems Private Limited can be reached at the registered office: Plot No. 80 Scheme No. 78 Part 2, Indore, Madhya Pradesh, India – 452010, or through the website hotwaxsystems.com.
The authorised capital is ₹1 Lakh, and the paid-up capital is ₹1 Lakh.