Mars DSP Waves Private Limited
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 The company has 1 GST registration on record, which is no longer active.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
Contact details
Mars DSP Waves Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 9A Kalinga Colony P.T. Rajan Salai K Nagar, Chennai, Tamil Nadu, India – 600078
- IndustryElectrical, General Purpose and Special Purpose Machinery & Equipment, Electrical Equipment, Transport Equipment
To see the full contact details of Mars DSP Waves Private Limited, buy the company report.
- 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
Business activity
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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Mars DSP Waves Private Limited, buy the company report.
Financials of Mars DSP Waves Private Limited
FY 2021 filings availableMars DSP Waves Private Limited reported revenue of ₹9.06 Lakh (down 50% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹1.87 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹2.05 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 20.6% | ||||
| Net Profit Margin | -22.7% | ||||
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To see the full financial statements and ratios of Mars DSP Waves Private Limited, buy the company report.
Board of directors of Mars DSP Waves Private Limited
Mars DSP Waves has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gnanasekar | Director | 20 Feb 2006 | 20 Years 8 Months | As last reported |
| Rathna G Sekar | Director | 20 Feb 2006 | 20 Years 8 Months | As last reported |
Peer comparison
Mars DSP Waves Private Limited is compared with the 10 companies closest to it 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Limitedthis company | ₹9.06 Lakh (FY 2021) | -₹2.05 Lakh | -22.7% | -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 |
To see the full peer comparison of Mars DSP Waves Private Limited, buy the company report.
Auditor
Mars DSP Waves Private Limited is audited by H.K. ANAND RAJ NAHAR for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.K. ANAND RAJ NAHAR | FY 2017 | 209526 |
Shareholding
The shareholding of Mars DSP Waves Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mars DSP Waves Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2017 | 100127194 | City Union Bank Limited | ₹90 Lakh | Satisfied | |
| 14 Jun 2010 | 10230738 | Union Bank of India | ₹17.5 Lakh | Satisfied |
To see the full charge records of Mars DSP Waves Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Mars DSP Waves Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Court case (Com.O.S.) | Filed against the company by Messers Powerbuild Batteries Pvt Ltd | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.O.S.) | Filed against the company by Messers Powerbuild Batteries Pvt Ltd | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by Messers Powerbuild Batteries Pvt Ltd | Pending |
To see the full case history of Mars DSP 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 Mars DSP Waves Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
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.
To see the full GST registrations and return filing status of Mars DSP Waves Private Limited, buy the company report.
Recent activity
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.
Frequently asked questions
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:
- Gnanasekar - Director
- Rathna G Sekar - Director
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.
The latest financial statements of Mars DSP Waves on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
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.
The peers of Mars DSP Waves by revenue are Raja Power Transformers India Private Limited, Trustgated Solutions Private Limited, Leptonplus Communications (OPC) Private Limited, Akshay Vishnu Cables Private Limited, Propelis Control Systems Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Mars DSP Waves has 3 court cases on record: 3 filed against it. 1 is pending.
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