MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-UP-28-0002521
Wae Limited - machinery and equipment in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹54.81 Cr
▲ 44% YoY
Net profit · FY 2025
₹1.11 Cr
Net margin 2%
EBITDA · FY 2025
₹4.06 Cr
EBITDA margin 7.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹27.04 Lakh
Issued & subscribed
Open charges
₹7.22 Cr
Satisfied ₹3 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
199
Provident fund records
About Wae Limited
Data last updated:
Wae Limited is a public limited company based in New Delhi, Delhi, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 08 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74120DL2010PLC205490. Its GSTIN is 09AABCW0017F1ZQ (Uttar Pradesh). The company holds 7 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹27.04 Lakh. It was formerly known as Wae Private Limited and Wacorp Projects Private Limited. It is led by directors including Anupam Joshi and Swati Dewesar.
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 Innov8 Regal Building 2nd Floor Property No. 44, Above Madame Tussauds Connaught Place, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.81 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹1.11 Cr (net margin 2%) and EBITDA of ₹4.06 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 32% over five years.
The company has about 199 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Thecircleofblue. As per MCA filings, the company has open charges of ₹7.22 Cr and satisfied charges of ₹3 Cr on record. Court records list 20 cases involving the company, including 8 filed by the company and 12 filed against it; 7 cases are pending.
Wae Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0002521). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website waecorp.com.
Company details
CIN U74120DL2010PLC205490
Registration Number 205490
Incorporation Date 08 July 2010
ROC Delhi
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 Small
Udyam Registration UDYAM-UP-28-0002521
Name history
Wae has undergone 3 name changes throughout its history. The company was previously known as Wae Private Limited, Wacorp Projects Private Limited, and Wae Corp India Private Limited. The current legal name is Wae Limited.
| Company Name | Status |
|---|---|
| Wae Limited | Current |
| Wae Private Limited | Previous |
| Wacorp Projects Private Limited | Previous |
| Wae Corp India Private Limited | Previous |
CIN history
Wae has one previous CIN (Corporate Identification Number): U74120DL2010PTC205490. The current CIN is U74120DL2010PLC205490, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120DL2010PLC205490 | Current |
| U74120DL2010PTC205490 | Previous |
Recognitions & Rankings of Wae
Contact details
Wae Limited's registered office is in New Delhi, Delhi. Its website is waecorp.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressInnov8 Regal Building 2nd Floor Property No. 44, Above Madame Tussauds Connaught Place, New Delhi, Delhi, India – 110001
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Wae Limited, buy the company report.
Comprehensive company report
Wae 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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Secure checkout · GST invoice included
Brands
Wae operates one associated brand: Thecircleofblue. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IoT water dispensing machines for sustainable hydration and environmental protection. | thecircleofblue.com |
Business activity
The main business activity of Wae 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 Wae Limited, buy the company report.
Financials of Wae Limited
FY 2024 filings availableWae Limited reported revenue of ₹54.81 Cr (up 44% YoY) for FY 2025.
Revenue · FY 2025
₹54.81 Cr ▲ 44%
Net profit · FY 2025
₹1.11 Cr margin 2%
EBITDA · FY 2025
₹4.06 Cr margin 7.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 42%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 33%
5 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 44% growth in the latest year. EBITDA rose 20% 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 | ₹4.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.11 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Wae Limited, buy the company report.
Board of directors of Wae Limited
Wae has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anupam Joshi Also directs: Natural Therapeutics Limited, Wae F&B Private Limited, Wae SMC Private Limited and 4 more | Director | 08 Jul 2010 | 16 Years 3 Months | Current |
| Swati Dewesar | Director | 03 Mar 2011 | 15 Years 7 Months | Current |
| Alka Mehta Also directs: Natural Therapeutics Limited, Wae F&B Private Limited, Wae Holdings Private Limited and 3 more | Director | 18 May 2020 | 6 Years 5 Months | Current |
| Aditya Vikram Joshi Also directs: Natural Therapeutics Limited | Director | 01 Sep 2025 | 1 Years 1 Months | Current |
Auditor
Wae Limited is audited by VIPAL KALRA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIPAL KALRA & ASSOCIATES | FY 2023 | 014661C |
Shareholding
The shareholding of Wae Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Wae Limited, buy the company report.
Charges & borrowings
Open charges
₹7.22 Cr
Satisfied charges
₹3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2025 | 101142215 | State Bank of India | ₹5 Cr | Open | |
| 13 Dec 2024 | 101040441 | Hdfc Bank Limited | ₹18.56 Lakh | Open | |
| 17 Apr 2024 | 100932555 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 12 Mar 2024 | 100913363 | Hdfc Bank Limited | ₹5.68 Lakh | Open | |
| 28 Sep 2020 | 100384874 | Others | ₹9.72 Lakh | Open |
To see the full charge records of Wae Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Wae Limited has 20 court cases on record: 8 filed by Wae, 12 filed against it. 7 cases are pending and 13 are disposed.
Total cases
20
Filed by the company
8
Filed against the company
12
Pending
7
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 11 | 7 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Court case (Civ Suit) | Filed against the company by Ms JBC Auto Tech Pvt Ltd Through Director | Pending |
| District court, South, Delhi | Revision petition | Filed by the company against Singhania and Partners LLP | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Revision petition | Filed by the company against Gravure Engineering Pvt Ltd and 2 others | Disposed |
| High Court of Delhi | Court case (CRL.M.C.) | Filed against the company by Singhania and Partners | Disposed |
| District court, New Delhi, Delhi | Court case (Counter Claim) | Filed against the company by an individual | Pending |
To see the full case history of Wae 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 Wae Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Wae Limited has a workforce of 199 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
199
Active EPFO establishments
1
Employee growth
22.09%
GST
Wae has 7 GST registrations: 1 active and 6 cancelled or inactive.
Total GSTINs
7
Active
1
Cancelled / inactive
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCW0017F1ZQ | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wae Limited, buy the company report.
Recent activity
Wae Limited has 7 board changes on record since 2010: 4 appointments and 3 cessations. The latest: Aditya Vikram Joshi was appointed as Director on 01 Sep 2025.
Appointed
Aditya Vikram Joshi was appointed as Director.
Charges
A charge registered on 13 Jun 2023 via Charge ID 100739182 with Hdfc Bank Limited was fully satisfied on 26 Aug 2025.
Charges
A charge with State Bank Of India amounted to Rs. 500.00 Lakh with Charge ID 101142215 was registered on 24 Jul 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 18.56 Lakh with Charge ID 101040441 was registered on 13 Dec 2024.
AGM
Wae Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 300.00 Lakh registered on 13 Jun 2023 with Charge ID 100739182 was modified on 30 Jul 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 100932555 was registered on 17 Apr 2024.
Filing
Wae Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.68 Lakh with Charge ID 100913363 was registered on 12 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 300.00 Lakh with Charge ID 100739182 was registered on 13 Jun 2023.
Ceased
Pravin Dubey ceased to be Director.
Charges
A charge with Others amounted to Rs. 9.72 Lakh with Charge ID 100384874 was registered on 28 Sep 2020.
9 earlier events are in the company report.
News
Frequently asked questions
Wae is an active public limited company based in New Delhi, Delhi, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 08 July 2010 (16+ years old) and is registered under CIN U74120DL2010PLC205490.
Wae has 4 current directors:
- Anupam Joshi - Director
- Swati Dewesar - Director
- Alka Mehta - Director
- Aditya Vikram Joshi - Director
The latest financial statements of Wae 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 Wae is 09AABCW0017F1ZQ, registered in Uttar Pradesh. The company has 7 GST registrations in all, of which 1 is active and 6 are cancelled or inactive.
The CIN (Corporate Identification Number) of Wae is U74120DL2010PLC205490. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wae has 20 court cases on record: 8 filed by the company and 12 filed against it. 7 are pending. Most are in the district courts.
Wae was incorporated on 08 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
Aditya Vikram Joshi was appointed as Director on 01 Sep 2025. Pravin Dubey ceased to be Director on 15 May 2022. Alka Mehta was appointed as Director on 18 May 2020. Wae has 7 board changes on record in total.
Yes, Wae is registered as a small enterprise under Udyam registration (number: UDYAM-UP-28-0002521).
Wae can be reached through the website waecorp.com. Its registered office is in New Delhi, Delhi, India.