Hotwax Systems Private Limited - Company Profile

It is a information technology private limited company based in Indore, Madhya Pradesh, India, established in 2002.
2002 Indore, Madhya Pradesh, India Active
Last Updated:
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About Hotwax Systems Private Limited

Hotwax Systems Private Limited, a active private limited company, was established on 22 March 2002 in Indore, Madhya Pradesh, India. Engaging in it consulting & support services within the information and communication sector, it holds CIN: U72200MP2002PTC015037. Registered under ROC Roc Gwalior. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Formerly known as Hotwax Media Private Limited, Aditisoft Solutions And Consulting Services Private Limited. It upholds a compliant status. Employing 84 professional, Its leadership includes Ashish Vijaywargiya (Director). Past directors included Ram Swaroop Vijayvargiya, Divesh Dutta. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No. 80, Scheme No. 78, Part 2, Indore, Madhya Pradesh, 452010.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72200MP2002PTC015037

  • Registration Number

    015037

  • Incorporation Date

    22 March 2002

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Gwalior

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 24 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** 29.02%
  • Profit Growth **** 23.46%
  • Ebitda **** -25.89%
  • Net Worth 16.78%
  • Total Assets **** 14.63%
Company report

Hotwax Systems Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Hotwax Systems Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Hotwax Systems Private Limited?
Current Directors
Name Designation Appointment Date Status
Ashish Vijaywargiya Director 22 Mar 2002 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 16 Apr 2024 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past

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Financial Performance of Hotwax Systems.

Hotwax Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.02% increase. The company also saw a substantial improvement in profitability, with a 23.46% increase in profit. The company's net worth Soared by an impressive increase of 16.78%.

Hotwax Systems revenue growth over time
Hotwax Systems profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 29.02%
*******
*******
*******
*******
Revenue from Operations
*******
 28.17%
*******
*******
*******
*******
Total Assets
*******
 14.63%
*******
*******
*******
*******
Profit or Loss
*******
 23.46%
*******
*******
*******
*******
Net Worth
*******
 16.78%
*******
*******
*******
*******
EBITDA
*******
 -25.89%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Hotwax Systems?

In 2023, Hotwax Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Hotwax Systems?

Hotwax Systems has a workforce of 84 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
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Latest Updates, News, and FAQs on Hotwax Systems
Recent Activity within the Organization
  • Annual General Meeting

    Hotwax Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Hotwax Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior. was recorded as a recent event.

  • Director Appointment

    Ashish Vijaywargiya was appointed as a Director was appointed as a Director on 22 Mar 2002 & has been associated with this company since 24 years 2 months . was recorded as a recent event.

  • Company Incorporation

    The activity Hotwax Systems Private Limited was registered on 22 Mar 2002 with Roc Gwalior & aged 24 years 2 months as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Hotwax Systems Private Limited?

The CIN of Hotwax Systems Private Limited is U72200MP2002PTC015037.

Where is Hotwax Systems Private Limited headquartered?

Hotwax Systems Private Limited is headquartered at Plot No. 80, Scheme No. 78, Part 2, Indore, Madhya Pradesh, 452010.

When was Hotwax Systems Private Limited incorporated?

Hotwax Systems Private Limited was incorporated on 22 March 2002.

Who are the current directors of Hotwax Systems Private Limited?

The current directors of Hotwax Systems Private Limited are

What is the primary industry of Hotwax Systems Private Limited?

The primary industry of Hotwax Systems Private Limited is Information And Communication.

Is Hotwax Systems Private Limited a listed company?

Hotwax Systems Private Limited is unlisted.

What is the capital structure of Hotwax Systems Private Limited?

The authorized capital of Hotwax Systems Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Hotwax Systems Private Limited?

The compliance status of Hotwax Systems Private Limited is Compliant.

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