Mars DSP Waves Private Limited

Mars DSP Waves Private Limited - electrical in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U51506TN2006PTC058924 Incorporated 20 February 2006 ROC Chennai HQ Chennai, Tamil Nadu, India
Struck Off Private Limited Company electrical
Data last updated
Revenue · FY 2021
₹9.06 Lakh
▼ 50% YoY
Net loss · FY 2021
₹2.05 Lakh
Net margin -22.7%
EBITDA · FY 2021
₹1.87 Lakh
EBITDA margin 20.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹1.08 Cr
No open charges
Company age
20 yrs
Est. 2006
Directors on board
2
As per MCA filings

About Mars DSP Waves Private Limited

Data last updated:

Mars DSP Waves Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the general purpose and special purpose machinery and equipment segment of the electrical equipment sector. It was incorporated on 20 February 2006.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U51506TN2006PTC058924. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Gnanasekar and Rathna G Sekar.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at No 9A Kalinga Colony P.T. Rajan Salai K Nagar, Chennai, Tamil Nadu, India – 600078.

As per the financials filed for FY 2021, the company reported a revenue of ₹9.06 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹2.05 Lakh (net margin -22.7%) and EBITDA of ₹1.87 Lakh (EBITDA margin 20.6%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 29% over five years.

As per MCA filings, the company had satisfied charges of ₹1.08 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.

Company Details of Mars DSP Waves Private Limited
CIN U51506TN2006PTC058924
Registration Number 058924
Incorporation Date 20 February 2006
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    No 9A Kalinga Colony P.T. Rajan Salai K Nagar, Chennai, Tamil Nadu, India – 600078
  • Industry
    Electrical, General Purpose and Special Purpose Machinery & Equipment, Electrical Equipment, Transport Equipment
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Financials, compliance, directors, charges, ownership and filings for Mars DSP Waves Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Mars DSP Waves Private Limited

The main business activity of Mars DSP Waves is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipmentLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Mars DSP Waves Private Limited FY 2021 filings available

Mars DSP Waves Private Limited reported revenue of ₹9.06 Lakh (down 50% YoY) for FY 2021.

Revenue · FY 2021
₹9.06 Lakh ▼ 50%
Net loss · FY 2021
₹2.05 Lakh margin -22.7%
EBITDA · FY 2021
₹1.87 Lakh margin 20.6%

Compounded Annual Growth Rate (CAGR) of Mars DSP Waves Private Limited

Revenue CAGR growth
1 year
▼ 50%
3 years · compounded
▼ 66%
5 years · compounded
▼ 29%
EBITDA CAGR growth
1 year
▼ 69%
3 years · compounded
▲ 18%
5 years · compounded
▲ 39%

Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 50% fall in the latest year. EBITDA fell 69% 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 Mars DSP Waves Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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₹1.87 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹2.05 Lakh••••••••••••••••
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 Mars DSP Waves Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin20.6%••••••••••••••••
Net Profit Margin-22.7%••••••••••••••••
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 Mars DSP Waves are in the company report.

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Financial statements from 2015

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Peer Comparison of Mars DSP Waves Private Limited

Mars DSP Waves Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Raja Power Transformers India Private Limited₹9.1 Lakh (FY 2021)••••••••••••Palakkad, Kerala, India
Trustgated Solutions Private Limited₹9.1 Lakh (FY 2025)••••••••-31.0%••••Hyderabad, Telangana, India
Leptonplus Communications (OPC) Private Limited₹9.07 Lakh (FY 2023)••••••••••••Thiruvananthapuram, Kerala, India
Akshay Vishnu Cables Private Limited₹9.07 Lakh (FY 2025)••••••••36.0%••••Jaipur, Rajasthan, India
Propelis Control Systems Private Limited₹9.06 Lakh (FY 2018)••••••••-9.0%••••Pune, Maharashtra, India
Mars DSP Waves Private Limited this company₹9.06 Lakh (FY 2021)••••••••-50.0%••••Chennai, Tamil Nadu, India
Aaren Relipower Private Limited₹9.05 Lakh (FY 2022)••••••••••••New Delhi, Delhi, India
Amigo Dispensing Solutions Private Limited₹9.02 Lakh (FY 2025)••••••••-44.0%••••Vadodara, Gujarat, India
Microliftz India Private Limited₹9.02 Lakh (FY 2024)••••••••-52.0%••••Chennai, Tamil Nadu, India
Pegasus Semiconductor Limited₹9 Lakh (FY 2024)••••••••••••Ahmedabad, Gujarat, India
Nirja Innovations (OPC) Private Limited₹9 Lakh (FY 2019)••••••••••••Tungwa Powai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Mars DSP Waves by revenue in the same principal business activity (Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment), 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 Mars DSP Waves Private Limited

Mars DSP Waves Private Limited is audited by H.K. ANAND RAJ NAHAR for the financial year 2017.

NameStatusAppointment DateCessation Date
H.K. ANAND RAJ NAHARLockedLockedLocked
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Board of Directors of Mars DSP Waves Private Limited

Mars DSP Waves has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
GnanasekarDirector20 Feb 200620 Years 7 MonthsAs last reported
Rathna G SekarDirector20 Feb 200620 Years 7 MonthsAs last reported

Ownership and Shareholding of Mars DSP Waves Private Limited

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Charges & Borrowings of Mars DSP Waves Private Limited

Open charges
None
Satisfied charges
₹1.08 Cr
Breakdown by lending institutions
City Union Bank Limited₹0.90 Cr
Union Bank of India₹0.18 Cr
Latest charge details
DateLenderAmountStatus
24 Aug 2017City Union Bank Limited₹90 LakhSatisfied
14 Jun 2010Union Bank of India₹17.5 LakhSatisfied

Total charge records: 2 View all charges

Employees and EPFO Compliance at Mars DSP Waves Private Limited

Employment history and EPFO contributions of people linked to Mars DSP Waves.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Mars DSP Waves Private Limited

Mars DSP Waves Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Gnanasekar was appointed as Director on 20 Feb 2006.

AGM
Mars Dsp Waves Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Mars Dsp Waves Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.
Charges
A charge registered on 24 Aug 2017 via Charge ID 100127194 with City Union Bank Limited was fully satisfied on 04 Feb 2020.
Charges
A charge with City Union Bank Limited amounted to Rs. 90.00 Lakh with Charge ID 100127194 was registered on 24 Aug 2017.
Charges
A charge registered on 14 Jun 2010 via Charge ID 10230738 with Union Bank Of India was fully satisfied on 19 Jun 2017.
Charges
A charge with Union Bank Of India amounted to Rs. 17.50 Lakh with Charge ID 10230738 was registered on 14 Jun 2010.
Appointed
Gnanasekar was appointed as Director.
Appointed
Rathna G Sekar was appointed as Director.
Incorporation
20 Feb 2006
Mars Dsp Waves Private Limited was registered on 20 Feb 2006 with Roc Chennai & aged 20 years 7 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Mars DSP Waves Private Limited

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MSME Payment Delays by Mars DSP Waves Private Limited

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Subsidiaries & Group Companies of Mars DSP Waves Private Limited

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GST Compliance of Mars DSP Waves Private Limited

Mars DSP Waves has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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MCA Filings & Documents of Mars DSP Waves Private Limited

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Frequently Asked Questions about Mars DSP Waves Private Limited

Mars DSP Waves has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Mars DSP Waves was a private limited company based in Chennai, Tamil Nadu, India. The company worked in general purpose and special purpose machinery and equipment, within the electrical industry. It was incorporated on 20 February 2006 and is registered under CIN U51506TN2006PTC058924. The company has been struck off by the Registrar of Companies and is no longer operational.

Mars DSP Waves had 2 directors:

The CIN (Corporate Identification Number) of Mars DSP Waves is U51506TN2006PTC058924. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Mars DSP Waves is at No 9A Kalinga Colony P.T. Rajan Salai K Nagar, Chennai, Tamil Nadu, India – 600078.

Mars DSP Waves was incorporated on 20 February 2006. It is registered with the Registrar of Companies, Chennai.

Mars DSP Waves reported revenue of ₹9.06 Lakh for FY 2021 (down 50% YoY).

Mars DSP Waves has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.

Mars DSP Waves reported a net loss of ₹2.05 Lakh (net margin -22.7%) and EBITDA of ₹1.87 Lakh (EBITDA margin 20.6%) for FY 2021, as per its filed financial statements.

No. Mars DSP Waves has 1 GST registration on record and it is cancelled or inactive.

Mars DSP Waves operated in the electrical industry, in the general purpose and special purpose machinery and equipment segment. It worked in this industry before it was struck off.

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