About Mildwave Advisors Private Limited
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Mildwave Advisors Private Limited is a private limited company based in Manipal, Karnataka, India, recognised as a startup by DPIIT. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 21 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC077396. Its GSTIN is 29AAJCM4856C1Z9 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Maya Kini Muralidhar (Whole-Time Director) and Muralidhara Udyavar Kini.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 22 Ananth Nagar Before Sonia Clinic, Manipal, Karnataka, India – 576104.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.45 Lakh, a growth of 67% compared to the previous year. For the same year it recorded a net loss of ₹22,763 (net margin -2.7%) and EBITDA of ₹36,905 (EBITDA margin 4.4%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.
As per MCA filings, the company has satisfied charges of ₹1.6 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mildwaveadvisors.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 22 Ananth Nagar Before Sonia Clinic, Manipal, Karnataka, India – 576104
- IndustryFinancial Services, Diversified Financial 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 Mildwave Advisors Private Limited
The main business activity of Mildwave Advisors is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy | 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 Mildwave Advisors Private Limited FY 2025 filings available
Mildwave Advisors Private Limited reported revenue of ₹8.45 Lakh (up 67% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mildwave Advisors Private Limited
Revenue rose 67% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 142% 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 Mildwave Advisors 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 | ₹36,905 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹22,763 | •••• | •••• | •••• | •••• |
| 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 Mildwave Advisors Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.7% | •••• | •••• | •••• | •••• |
| 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 Mildwave Advisors are in the company report.
Financial statements from 2015
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 Mildwave Advisors Private Limited
Mildwave Advisors Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rajex Division Private Limited | ₹8.47 Lakh (FY 2025) | •••• | •••• | -17.0% | •••• | Kolkata, West Bengal, India |
| Wood Papers Limited | ₹8.46 Lakh (FY 2025) | •••• | •••• | -74.0% | •••• | Ahmedabad, Gujarat, India |
| Aamal Securities Limited | ₹8.46 Lakh (FY 2024) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Rameswaram Vanijya Private Limited | ₹8.46 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Intellectual Financial Advisory Private Limited | ₹8.46 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Satna, Madhya Pradesh, India |
| Mildwave Advisors Private Limited this company | ₹8.45 Lakh (FY 2025) | •••• | •••• | 67.0% | •••• | Manipal, Karnataka, India |
| Spectra Financial Consultants Private Limited | ₹8.45 Lakh (FY 2025) | •••• | •••• | 315088.0% | •••• | Bangalore, Karnataka, India |
| KLJ Finserve Private Limited | ₹8.44 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Delhi, India |
| Swadha Micro Solutions Foundation | ₹8.44 Lakh (FY 2025) | •••• | •••• | -33.0% | •••• | Gorakhpur, Uttar Pradesh, India |
| Fincaps Avenues Private Limited | ₹8.43 Lakh (FY 2024) | •••• | •••• | 198.0% | •••• | Bhubaneswar, Odisha, India |
| Shri Murli Packing and Trading Pvt Ltd | ₹8.43 Lakh (FY 2016) | •••• | •••• | -1.0% | •••• | Gujarat, India |
Peers are the five companies nearest above and the five nearest below Mildwave Advisors by revenue in the BFSI industry (Other Financial Services), 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 Mildwave Advisors Private Limited
Auditor information for Mildwave Advisors Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Mildwave Advisors Private Limited
Mildwave Advisors has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maya Kini Muralidhar | Whole-Time Director | 21 Nov 2014 | 11 Years 10 Months | Current |
| Muralidhara Udyavar Kini Also directs: Shree Mahalasa Narayani Advisors Private Limited | Director | 21 Nov 2014 | 11 Years 10 Months | Current |
| Manoj Muralidhar Kini | Director | 21 Nov 2014 | 11 Years 10 Months | Current |
Ownership and Shareholding of Mildwave Advisors 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 Mildwave Advisors Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Dec 2014 | Vijaya Bank | ₹1.6 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Mildwave Advisors Private Limited
Employment history and EPFO contributions of people linked to Mildwave Advisors.
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.
Recent Activity on Mildwave Advisors Private Limited
Mildwave Advisors Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Manoj Muralidhar Kini was appointed as Director on 21 Nov 2014.
Credit Ratings, Litigation & Regulatory Alerts for Mildwave Advisors 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 Mildwave Advisors 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 Mildwave Advisors 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 Mildwave Advisors Private Limited
Mildwave Advisors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCM4856C1Z9 | Karnataka | Active | 01 Jul 2017 |
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 Mildwave Advisors 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 Mildwave Advisors Private Limited
Mildwave Advisors is an active private limited company based in Manipal, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 21 November 2014 (12+ years old) and is registered under CIN U74900KA2014PTC077396.
Mildwave Advisors reported revenue of ₹8.45 Lakh for FY 2025 (up 67% YoY).
Mildwave Advisors has 3 current directors:
- Maya Kini Muralidhar - Whole-Time Director
- Muralidhara Udyavar Kini - Director
- Manoj Muralidhar Kini - Director
Mildwave Advisors reported a net loss of ₹22,763 (net margin -2.7%) and EBITDA of ₹36,905 (EBITDA margin 4.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mildwave Advisors is -2% over three years and -4% over five years. In the latest year (FY 2025) revenue rose 67%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mildwave Advisors is 29AAJCM4856C1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Mildwave Advisors is U74900KA2014PTC077396. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mildwave Advisors was incorporated on 21 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mildwave Advisors by revenue are Rajex Division Private Limited, Wood Papers Limited, Aamal Securities Limited, Rameswaram Vanijya Private Limited, Intellectual Financial Advisory Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Manoj Muralidhar Kini was appointed as Director on 21 Nov 2014. Maya Kini Muralidhar was appointed as Whole-Time Director on 21 Nov 2014. Muralidhara Udyavar Kini was appointed as Director on 21 Nov 2014.
Yes, Mildwave Advisors is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).