MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-DL-08-0005089
Iris Waves Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹147.13 Cr
▲ 113% YoY
Net profit · FY 2025
₹1.27 Cr
Net margin 0.9%
EBITDA · FY 2025
₹2.04 Cr
EBITDA margin 1.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹3.18 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
5
Provident fund records
About Iris Waves Private Limited
Data last updated:
Iris Waves Private Limited is a private limited company based in New Delhi, Delhi, India. 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.
Iris Waves Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-DL-08-0005089). For more details, the company can be reached via its website irisworld.net.
Company details
CIN U72900DL2020PTC368196
Registration Number 368196
Incorporation Date 19 August 2020
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification MSME
Udyam Registration UDYAM-DL-08-0005089
Recognitions & Rankings of Iris Waves
Contact details
Iris Waves Private Limited's registered office is in New Delhi, Delhi. Its website is irisworld.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1 Byepass Road, New Delhi, Delhi, India – 110037
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Iris Waves Private Limited, buy the company report.
Comprehensive company report
Iris Waves Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Iris Waves Private Limited, buy the company report.
Financials of Iris Waves Private Limited
FY 2025 filings availableIris Waves Private Limited reported revenue of ₹147.13 Cr (up 113% YoY) for FY 2025.
Revenue · FY 2025
₹147.13 Cr ▲ 113%
Net profit · FY 2025
₹1.27 Cr margin 0.9%
EBITDA · FY 2025
₹2.04 Cr margin 1.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 113%
3 years · compounded
▲ 97%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 43%
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.04 Cr | ||||
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| Net Profit (PAT) | ₹1.27 Cr | ||||
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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 | 1.4% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Iris Waves Private Limited, buy the company report.
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.
Current Directors
| 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 2 Months | Current |
| Kamini Talwar Also directs: Iris Essentials Private Limited, Iris Global Services Limited | Director | 19 Aug 2020 | 6 Years 2 Months | Current |
| Himanshu Chawla | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
Peer comparison
Iris Waves Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| 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 Limitedthis company | ₹147.13 Cr (FY 2025) | ₹1.27 Cr | 0.9% | 113.0% | 5 | New Delhi, Delhi, India |
| Quin Bay Technologies Private Limited | ₹146.85 Cr (FY 2025) | -6.0% | Bengaluru, Karnataka, India | |||
| Avance Technologies Limited | ₹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 |
To see the full peer comparison of Iris Waves Private Limited, buy the company report.
Auditor
Iris Waves Private Limited is audited by GAMS & ASSOCIATES,LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAMS & ASSOCIATES,LLP | FY 2023 | N500094 |
Shareholding
The shareholding of Iris Waves Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Iris Waves Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.18 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2025 | 101177527 | Hdfc Bank Limited | ₹18.39 Lakh | Open | |
| 21 Jul 2023 | 100796285 | Hdfc Bank Limited | ₹3 Cr | Open |
Total charge records: 2 View all charges
Deals & funding
Iris Waves Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹90 Lakh; the latest was in January 2022.
Total deals
2
Funding rounds
2
Disclosed funding
₹90 Lakh
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 |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Iris Waves Private Limited has 1 court case on record: 1 filed by Iris Waves. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
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 Pvt Ltd | Disposed |
To see the full case history of Iris Waves Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Iris Waves Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Iris Waves Private Limited has a workforce of 5 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
150%
GST
Iris Waves has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCI7555Q1ZS | Delhi | Active | 27 Sep 2020 |
| 36AAFCI7555Q1ZR | Telangana | Active | 14 Oct 2020 |
| 27AAFCI7555Q1ZQ | Maharashtra | Active | 14 May 2024 |
To see the full GST registrations and return filing status of Iris Waves Private Limited, buy the company report.
Recent activity
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.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 101177527 was registered on 30 Oct 2025.
AGM
Iris Waves Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Iris Waves Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Ceased
Himanshu Chawla ceased to be Additional Director.
Appointed
Himanshu Chawla was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100796285 was registered on 21 Jul 2023.
Appointed
Kamini Talwar was appointed as Director.
Appointed
Sanjiv Krishen was appointed as Director.
Incorporation
19 Aug 2020
Iris Waves Private Limited was registered on 19 Aug 2020 with Roc Delhi I & aged 6 years 2 months as per MCA records.
Frequently asked questions
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 has 3 current directors:
- Sanjiv Krishen - Director
- Kamini Talwar - Director
- Himanshu Chawla - Director
The latest financial statements of Iris Waves on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2021 are in the company report.
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).
Himanshu Chawla ceased to be Additional Director on 26 Sep 2023. Himanshu Chawla was appointed as Director on 01 Aug 2023. Kamini Talwar was appointed as Director on 19 Aug 2020. Iris Waves has 4 board changes on record in total.
Yes, Iris Waves is registered as an MSME under Udyam registration (number: UDYAM-DL-08-0005089).