New Wave Systems Private Limited
About New Wave Systems Private Limited
Data last updated:
New Wave Systems Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 23 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U30007DL1996PTC078379.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.04 Lakh. It is led by directors Harkesh Singh Dagar and Samir Kumar Ghosh.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 508 Ashok Bhawan 93 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.94 Lakh. For the same year it recorded a net profit of ₹1.01 Lakh (net margin 10.1%) and EBITDA of ₹1.6 Lakh (EBITDA margin 16.1%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹3.32 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address508 Ashok Bhawan 93 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryInformation Technology, Application Development & Software Solutions
- 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 New Wave Systems Private Limited
The main business activity of New Wave Systems is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities | 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 New Wave Systems Private Limited FY 2025 filings available
New Wave Systems Private Limited reported revenue of ₹9.94 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR) of New Wave Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years. EBITDA fell 12% 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 New Wave Systems 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 | ₹1.6 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.01 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 New Wave Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.1% | •••• | •••• | •••• | •••• |
| 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 New Wave Systems 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 New Wave Systems Private Limited
New Wave Systems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| V M B Technologies Private Limited | ₹10 Lakh (FY 2024) | •••• | •••• | 34.0% | •••• | Coimbatore, Tamil Nadu, India |
| Viritus Technologies Private Limited | ₹10 Lakh (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Possibillion Software Technologies Private Limited | ₹10 Lakh (FY 2021) | •••• | •••• | -63.0% | •••• | Secunderabad, Telangana, India |
| Ideas Infosoft Private Limited | ₹9.96 Lakh (FY 2024) | •••• | •••• | 16.0% | •••• | Ahmedabad, Gujarat, India |
| Balaji Prakash Infotek Private Limited | ₹9.94 Lakh (FY 2024) | •••• | •••• | -50.0% | •••• | Tamil Nadu, India |
| New Wave Systems Private Limited this company | ₹9.94 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Suenetzel Solutions Private Limited | ₹9.92 Lakh (FY 2017) | •••• | •••• | 1.0% | •••• | Hyderabad, Telangana, India |
| NMS Glosol Communications Private Limited | ₹9.9 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Pune, Maharashtra, India |
| SDT Consultants Private Limited | ₹9.9 Lakh (FY 2024) | •••• | •••• | -20.0% | •••• | Dehradun, Uttarakhand, India |
| Compute Spectra Color Pvt Ltd | ₹9.89 Lakh (FY 2025) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Alsbridge Advisory Private Limited | ₹9.89 Lakh (FY 2024) | •••• | •••• | -67.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below New Wave Systems by revenue in the Information Technology industry (Application Development), 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 New Wave Systems Private Limited
New Wave Systems Private Limited is audited by Jain Mehndiratta & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jain Mehndiratta & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of New Wave Systems Private Limited
New Wave Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harkesh Singh Dagar | Director | 23 Apr 1996 | 30 Years 5 Months | Current |
| Samir Kumar Ghosh Also directs: Sirius Global Limited, Xingdestek Technologies Private Limited | Director | 23 Apr 1996 | 30 Years 5 Months | Current |
Ownership and Shareholding of New Wave Systems 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 New Wave Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Nov 1997 | Standard Chartered Bank | ₹3.32 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at New Wave Systems Private Limited
Employment history and EPFO contributions of people linked to New Wave Systems.
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 New Wave Systems Private Limited
New Wave Systems Private Limited has 2 board changes on record since 1996: 2 appointments. The latest: Harkesh Singh Dagar was appointed as Director on 23 Apr 1996.
Credit Ratings, Litigation & Regulatory Alerts for New Wave Systems 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 New Wave Systems 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 New Wave Systems 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 New Wave Systems Private Limited
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 New Wave Systems 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 New Wave Systems Private Limited
New Wave Systems is an active private limited company based in New Delhi, Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 23 April 1996 (30+ years old) and is registered under CIN U30007DL1996PTC078379.
New Wave Systems reported revenue of ₹9.94 Lakh for FY 2025.
New Wave Systems has 2 current directors:
- Harkesh Singh Dagar - Director
- Samir Kumar Ghosh - Director
New Wave Systems reported a net profit of ₹1.01 Lakh (net margin 10.1%) and EBITDA of ₹1.6 Lakh (EBITDA margin 16.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of New Wave Systems is 13% over three years and 3% over five years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of New Wave Systems is U30007DL1996PTC078379. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Wave Systems was incorporated on 23 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of New Wave Systems by revenue are V M B Technologies Private Limited, Viritus Technologies Private Limited, Possibillion Software Technologies Private Limited, Ideas Infosoft Private Limited, Balaji Prakash Infotek Private Limited and 5 more, all in the Information Technology industry (Application Development).
Harkesh Singh Dagar was appointed as Director on 23 Apr 1996. Samir Kumar Ghosh was appointed as Director on 23 Apr 1996.
The registered office of New Wave Systems is at 508 Ashok Bhawan 93 Nehru Place, New Delhi, Delhi, India – 110019.
New Wave Systems has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.04 Lakh.