MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0118880
Digital Waves International Private Limited - agriculture in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹99.7 Cr
▲ 15% YoY
Net profit · FY 2024
₹48.1 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹1.7 Cr
EBITDA margin 1.7%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹66.22 Cr
Satisfied ₹43.36 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
5
Provident fund records
About Digital Waves International Private Limited
Data last updated:
Digital Waves International Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 11 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U30007KA2003PTC032994. Its GSTIN is 29AABCD9239J1Z8 (Karnataka). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹50 Lakh. It was formerly known as Digital Waves Computer Solutions Private Limited. It is led by directors Bhagwan Vishnu Magadum and Kempe Gowda Raghavendra.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹99.7 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹48.1 Lakh (net margin 0.5%) and EBITDA of ₹1.7 Cr (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The company has about 5 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Digital Waves. As per MCA filings, the company has open charges of ₹66.22 Cr and satisfied charges of ₹43.36 Cr on record. Court records list 42 cases involving the company, including 38 filed by the company and 4 filed against it; 11 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹46 Lakh; the latest was in January 2020. Its 10 peer companies in the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 5 smaller; the largest is Charles River Laboratories India Private Limited with revenue of ₹99.82 Cr.
Digital Waves International Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0118880). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website digitalwaves.in.
Company details
CIN U30007KA2003PTC032994
Registration Number 032994
Incorporation Date 11 December 2003
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0118880
Recognitions & Rankings of Digital Waves International
Contact details
Digital Waves International Private Limited's registered office is in Bangalore, Karnataka. Its website is digitalwaves.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 58/1 3rd Floor 13th Cross Margosa Road Above City Union Bank Mal, Leswaram, Bangalore, Karnataka, India – 560003
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Digital Waves International Private Limited, buy the company report.
Comprehensive company report
Digital Waves International 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
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Brands
Digital Waves International operates one associated brand: Digital Waves. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Imports and distributes IT hardware, agri commodities, and industrial products globally. | digitalwaves.in |
Business activity
The main business activity of Digital Waves International is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Digital Waves International Private Limited, buy the company report.
Financials of Digital Waves International Private Limited
FY 2024 filings availableDigital Waves International Private Limited reported revenue of ₹99.7 Cr (up 15% YoY) for FY 2024.
Revenue · FY 2024
₹99.7 Cr ▲ 15%
Net profit · FY 2024
₹48.1 Lakh margin 0.5%
EBITDA · FY 2024
₹1.7 Cr margin 1.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 3%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 32%
3 years · compounded
▲ 8%
5 years · compounded
▲ 1%
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 15% growth in the latest year. EBITDA fell 32% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹48.1 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Digital Waves International Private Limited, buy the company report.
Board of directors of Digital Waves International Private Limited
Digital Waves International has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhagwan Vishnu Magadum | Director | 21 Oct 2015 | 11 Years 0 Months | Current |
| Kempe Gowda Raghavendra Also directs: Codeswift Technologies LLP, Kohinoor Commodeal Private Limited, Siddhaprime Estates Private Limited and 2 more | Director | 07 Jul 2015 | 11 Years 3 Months | Current |
Peer comparison
Digital Waves International Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Charles River Laboratories India Private Limited | ₹99.82 Cr (FY 2025) | 15.0% | Bangalore, Karnataka, India | |||
| Work Store Private Limited | ₹99.82 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Chesa Dental Care Services Limited | ₹99.82 Cr (FY 2022) | 25.0% | Thane, Maharashtra, India | |||
| Lark Vanijya Private Limited | ₹99.76 Cr (FY 2025) | 90.0% | Kolkata, West Bengal, India | |||
| Manindra Metal Suppliers Private Limited | ₹99.76 Cr (FY 2024) | 90.0% | Kolkata, West Bengal, India | |||
| Digital Waves International Private Limitedthis company | ₹99.7 Cr (FY 2024) | ₹48.1 Lakh | 0.5% | 15.0% | 5 | Bangalore, Karnataka, India |
| Samwha India Refractories Private Limited | ₹99.66 Cr (FY 2025) | 1.0% | Rourkela, Odisha, India | |||
| Aastik Trading Private Limited | ₹99.56 Cr (FY 2018) | -50.0% | Mumbai, Maharashtra, India | |||
| All Arch India Private Limited | ₹99.56 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Anand Petrochem Private Limited | ₹99.54 Cr (FY 2025) | 21.0% | Ahmedabad, Gujarat, India | |||
| Shree Sawariya Foods Private Limited | ₹99.51 Cr (FY 2025) | 17.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Digital Waves International Private Limited, buy the company report.
Auditor
Digital Waves International Private Limited is audited by S Rao & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S Rao & Associates | FY 2023 | 003151S |
Shareholding
The shareholding of Digital Waves International Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Digital Waves International Private Limited, buy the company report.
Charges & borrowings
Open charges
₹66.22 Cr
Satisfied charges
₹43.36 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 May 2025 | 101125253 | Others | ₹2 Cr | Open | |
| 28 May 2025 | 101125257 | Others | ₹2.9 Cr | Open | |
| 23 Oct 2019 | 100319683 | Others | ₹36.12 Cr | Open | |
| 15 Jun 2016 | 100057526 | Others | ₹25 Cr | Open | |
| 24 Jan 2005 | 90196231 | H.D.F.C. Bank Ltd | ₹20 Lakh | Open |
To see the full charge records of Digital Waves International Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Digital Waves International Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹46 Lakh; the latest was in January 2020.
Total deals
4
Secondary share transfers
3
Funding round
1
Disclosed funding
₹46 Lakh
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Feb 2007 | Funding round | ₹46 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Digital Waves International Private Limited has 42 court cases on record: 38 filed by Digital Waves International, 4 filed against it. 11 cases are pending and 31 are disposed.
Total cases
42
Filed by the company
38
Filed against the company
4
Pending
11
Disposed
31
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 0 | 9 |
| High courts | 4 | 4 | 2 |
Cases on record (5 of 42)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed against the company by M/S Lisa Apparels Private Ltd and 2 others | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Lisa Apparels Pvt. Ltd., and Others and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Lisa Apparels Pvt. Ltd., and Others and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Aria Brew and Dine Pvt. Ltd., | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Aria Brew and Dine Pvt. Ltd., | Disposed |
To see the full case history of Digital Waves International 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 Digital Waves International Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Digital Waves International has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Kohinoor Commodeal Private Limited | U51909WB2009PTC137483 |
To see the full group structure of Digital Waves International Private Limited, buy the company report.
Employees & EPFO
Digital Waves International Private Limited has a workforce of 5 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
25%
GST
Digital Waves International has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCD9239J1Z8 | Karnataka | Active | 01 Jul 2017 |
| 33AABCD9239J1ZJ | Tamil Nadu | Active | 01 Jul 2017 |
| 36AABCD9239J1ZD | Telangana | Active | 01 Jul 2017 |
| 27AABCD9239J1ZC | Maharashtra | Active | 14 Sep 2018 |
To see the full GST registrations and return filing status of Digital Waves International Private Limited, buy the company report.
Recent activity
Digital Waves International Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Manish Ojha ceased to be Additional Director on 27 Sep 2019.
Charges
A charge with Others of Rs. 36.12 Cr registered on 23 Oct 2019 with Charge ID 100319683 was modified on 28 Jul 2025.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101125253 was registered on 28 May 2025.
Charges
A charge with Others amounted to Rs. 2.90 Cr with Charge ID 101125257 was registered on 28 May 2025.
AGM
Digital Waves International Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Digital Waves International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 04 Aug 2022 via Charge ID 100600301 with Others was fully satisfied on 03 Feb 2023.
Charges
A charge with Others amounted to Rs. 2.40 Cr with Charge ID 100600301 was registered on 04 Aug 2022.
Charges
A charge registered on 17 Jun 2016 via Charge ID 100033996 with Dbs Bank Ltd was fully satisfied on 29 Sep 2020.
Charges
A charge registered on 27 Sep 2017 via Charge ID 100158511 with Yes Bank Limited was fully satisfied on 08 Nov 2019.
Charges
A charge with Others amounted to Rs. 36.12 Cr with Charge ID 100319683 was registered on 23 Oct 2019.
Ceased
Manish Ojha ceased to be Additional Director.
Ceased
Jayaraman Kandhaswamy Kulumani ceased to be Director.
23 earlier events are in the company report.
Frequently asked questions
Digital Waves International is an active private limited company based in Bangalore, Karnataka, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 11 December 2003 (23+ years old) and is registered under CIN U30007KA2003PTC032994.
Digital Waves International has 2 current directors:
- Bhagwan Vishnu Magadum - Director
- Kempe Gowda Raghavendra - Director
The latest financial statements of Digital Waves International on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Digital Waves International is 29AABCD9239J1Z8, registered in Karnataka. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 33AABCD9239J1ZJ (Tamil Nadu), 36AABCD9239J1ZD (Telangana), 27AABCD9239J1ZC (Maharashtra).
The CIN (Corporate Identification Number) of Digital Waves International is U30007KA2003PTC032994. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Digital Waves International has 42 court cases on record: 38 filed by the company and 4 filed against it. 11 are pending. Most are in the district courts.
Digital Waves International was incorporated on 11 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Digital Waves International has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹46 Lakh; the latest was in January 2020.
The peers of Digital Waves International by revenue are Charles River Laboratories India Private Limited, Work Store Private Limited, Chesa Dental Care Services Limited, Lark Vanijya Private Limited, Manindra Metal Suppliers Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Manish Ojha ceased to be Additional Director on 27 Sep 2019. Jayaraman Kandhaswamy Kulumani ceased to be Director on 31 Dec 2018. Bhagwan Vishnu Magadum was appointed as Director on 21 Oct 2015. Digital Waves International has 8 board changes on record in total.
Yes, Digital Waves International is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0118880).
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