About Iris Waves Private Limited
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Iris Waves Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2020PTC368196. Its GSTIN is 07AAFCI7555Q1ZS (Delhi). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Sanjiv Krishen and Kamini Talwar.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1 Byepass Road, New Delhi, Delhi, India – 110037.
As per the financials filed for FY 2025, the company reported a revenue of ₹147.13 Cr, a growth of 113% compared to the previous year. For the same year it recorded a net profit of ₹1.27 Cr (net margin 0.9%) and EBITDA of ₹2.04 Cr (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 97% over three years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Iris Waves. As per MCA filings, the company has open charges of ₹3.18 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹90 Lakh; the latest was in January 2022. Its 10 peer companies in the same principal business activity (Other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Adroitec Information Systems Private Limited with revenue of ₹149.76 Cr.
For more details, the company can be reached via its website irisworld.net.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1 Byepass Road, New Delhi, Delhi, India – 110037
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Iris Waves Private Limited
The main business activities of Iris Waves are information and communication and trade. In detail, this covers other information & communication service activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
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.
Financials of Iris Waves Private Limited FY 2025 filings available
Iris Waves Private Limited reported revenue of ₹147.13 Cr (up 113% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Iris Waves Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 97% over three years, including 113% growth in the latest year. EBITDA fell 17% 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 of Iris Waves Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.04 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.27 Cr | •••• | •••• | •••• | •••• |
| 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 of Iris Waves Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Iris Waves are in the company report.
Financial statements from FY 2021
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.
Peer Comparison of Iris Waves Private Limited
Iris Waves Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adroitec Information Systems Private Limited | ₹149.76 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | New Delhi, Delhi, India |
| Rural Infratel International Limited | ₹149.54 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Pune, Maharashtra, India |
| Paysense Services India Private Limited | ₹147.76 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Mumbai, Maharashtra, India |
| Wortgage Technologies Private Limited | ₹147.61 Cr (FY 2024) | •••• | •••• | 103.0% | •••• | Bangalore, Karnataka, India |
| National E- Governance Services Limited | ₹147.33 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Iris Waves Private Limited this company | ₹147.13 Cr (FY 2025) | •••• | •••• | 113.0% | •••• | New Delhi, Delhi, India |
| Quin Bay Technologies Private Limited | ₹146.85 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Bengaluru, Karnataka, India |
| Avance Technologies Limited Listed | ₹146.82 Cr (FY 2024) | •••• | •••• | 381.0% | •••• | Mumbai, Maharashtra, India |
| Primetrace Technologies Private Limited | ₹146.72 Cr (FY 2025) | •••• | •••• | 145.0% | •••• | Bangalore, Karnataka, India |
| Zeus Systems Private Limited | ₹146.64 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Nest Digital Private Limited | ₹146.64 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Ernakulam, Kerala, India |
Peers are the five companies nearest above and the five nearest below Iris Waves by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Iris Waves Private Limited
Iris Waves Private Limited is audited by GAMS & ASSOCIATES,LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GAMS & ASSOCIATES,LLP | Locked | Locked | Locked |
Complete auditor history
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 Iris Waves Private Limited
Iris Waves has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjiv Krishen Also directs: Impact Infrastructure Private Limited, Iris Essentials Private Limited, Iris Global Services Limited and 1 more | Director | 19 Aug 2020 | 6 Years 1 Months | Current |
| Kamini Talwar Also directs: Iris Essentials Private Limited, Iris Global Services Limited | Director | 19 Aug 2020 | 6 Years 1 Months | Current |
| Himanshu Chawla | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
Ownership and Shareholding of Iris Waves Private Limited
Shareholding and ownership data
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 Iris Waves Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2025 | Hdfc Bank Limited | ₹18.39 Lakh | Open |
| 21 Jul 2023 | Hdfc Bank Limited | ₹3 Cr | Open |
Total charge records: 2 View all charges
Deals & Funding of Iris Waves Private Limited
Iris Waves Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹90 Lakh; the latest was in January 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Funding round | ₹61 Lakh | Investors: 2 individuals |
| Sep 2020 | Funding round | ₹29 Lakh | Investors: 2 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Iris Waves Private Limited
Iris Waves Private Limited has 1 court case on record: 1 filed by Iris Waves. All case is disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Nxtgen AI Private Limited | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Iris Waves Private Limited
Iris Waves operates one associated brand: Iris Waves. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive system integration services for businesses. | iriswaves.net |
Employees and EPFO Compliance at Iris Waves Private Limited
Iris Waves Private Limited has a workforce of 5 employees as of Apr 07, 2024.
Employee and EPFO history
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.
News related to Iris Waves Private Limited
Recent Activity on Iris Waves Private Limited
Iris Waves Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Himanshu Chawla ceased to be Additional Director on 26 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Iris Waves Private Limited
Credit ratings, litigation, and regulatory alerts
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 Iris Waves Private Limited
MSME payment history
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 Iris Waves Private Limited
Corporate group structure
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.
GST Compliance of Iris Waves Private Limited
Iris Waves has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCI7555Q1ZS | Delhi | Active | 27 Sep 2020 |
| 36AAFCI7555Q1ZR | Telangana | Active | 14 Oct 2020 |
| 27AAFCI7555Q1ZQ | Maharashtra | Active | 14 May 2024 |
GST registrations and filing compliance
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.
MCA Filings & Documents of Iris Waves Private Limited
MCA filings and documents
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.
Frequently Asked Questions about Iris Waves Private Limited
Iris Waves is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 August 2020 (6+ years old) and is registered under CIN U72900DL2020PTC368196.
Iris Waves reported revenue of ₹147.13 Cr for FY 2025 (up 113% YoY).
Iris Waves has 3 current directors:
- Sanjiv Krishen - Director
- Kamini Talwar - Director
- Himanshu Chawla - Director
Iris Waves reported a net profit of ₹1.27 Cr (net margin 0.9%) and EBITDA of ₹2.04 Cr (EBITDA margin 1.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Iris Waves is 97% over three years. In the latest year (FY 2025) revenue rose 113%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Iris Waves is 07AAFCI7555Q1ZS, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 36AAFCI7555Q1ZR (Telangana), 27AAFCI7555Q1ZQ (Maharashtra).
The CIN (Corporate Identification Number) of Iris Waves is U72900DL2020PTC368196. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iris Waves has 1 court case on record: 1 filed by the company.
Iris Waves was incorporated on 19 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Iris Waves has 2 deals on record (2 funding rounds), with disclosed funding of ₹90 Lakh; the latest was in January 2022.
The peers of Iris Waves by revenue are Adroitec Information Systems Private Limited, Rural Infratel International Limited, Paysense Services India Private Limited, Wortgage Technologies Private Limited, National E- Governance Services Limited and 5 more, all in the same principal business activity (Other information & communication service activities).