Startup India Government of India
Phiwaves Capital Private Limited
Phiwaves Capital Private Limited - financial services in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.58 Lakh
▼ 10% YoY
Net loss · FY 2024
₹11.13 Lakh
Net margin -67.2%
EBITDA · FY 2024
-₹11.13 Lakh
EBITDA margin -67.2%
Authorised capital
₹1.25 Lakh
Registered with MCA
Paid-up capital
₹1.02 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Phiwaves Capital Private Limited
Data last updated:
Phiwaves Capital Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 12 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U73100MH2018PTC313911.
The company has an authorised share capital of ₹1.25 Lakh and a paid-up capital of ₹1.02 Lakh. It is led by directors Ashish Srivastava and Sarvendra Mahendra Prasad Srivastava.
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 Shop No 121 Ostwal Asha Deep Chs Ltd Opp Vijay Sales Mira Bhayander Road Mira Road Ea, St Thane, Maharashtra, India – 401107.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.58 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹11.13 Lakh (net margin -67.2%) and EBITDA of -₹11.13 Lakh (EBITDA margin -67.2%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U73100MH2018PTC313911
Registration Number 313911
Incorporation Date 12 September 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Phiwaves Capital
Contact details
Phiwaves Capital Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No 121 Ostwal Asha Deep Chs Ltd Opp Vijay Sales Mira Bhayander Road Mira Road Ea, St Thane, Maharashtra, India – 401107
- IndustryFinancial Services, Financial Activities
To see the full contact details of Phiwaves Capital Private Limited, buy the company report.
Comprehensive company report
Phiwaves Capital 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Phiwaves Capital is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Phiwaves Capital Private Limited, buy the company report.
Financials of Phiwaves Capital Private Limited
FY 2025 filings availablePhiwaves Capital Private Limited reported revenue of ₹16.58 Lakh (down 10% YoY) for FY 2024.
Revenue · FY 2024
₹16.58 Lakh ▼ 10%
Net loss · FY 2024
₹11.13 Lakh margin -67.2%
EBITDA · FY 2024
-₹11.13 Lakh margin -67.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▼ 575%
3 years · compounded
▼ 34%
5 years · compounded
▼ 127%
Revenue has declined at a compounded annual rate (CAGR) of 21% over three years, including a 10% fall in the latest year. EBITDA fell 575% 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 | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹11.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.13 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -67.2% | ||||
| Net Profit Margin | -67.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Phiwaves Capital Private Limited, buy the company report.
Board of directors of Phiwaves Capital Private Limited
Phiwaves Capital has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Srivastava Also directs: SF Employees Benefits LLP, Aanshik Pma Services Private Limited | Director | 12 Sep 2018 | 8 Years 1 Months | Current |
| Sarvendra Mahendra Prasad Srivastava | Director | 12 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Phiwaves Capital Private Limited is audited by Paresh Davda & Co for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Paresh Davda & Co | FY 2021 | 144468W |
Shareholding
The shareholding of Phiwaves Capital Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Phiwaves Capital Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Phiwaves Capital Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Phiwaves Capital Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Phiwaves Capital Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Phiwaves Capital Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Ashish Srivastava was appointed as Director on 12 Sep 2018.
AGM
Phiwaves Capital Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Phiwaves Capital Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Ashish Srivastava was appointed as Director.
Appointed
Sarvendra Mahendra Prasad Srivastava was appointed as Director.
Incorporation
12 Sep 2018
Phiwaves Capital Private Limited was registered on 12 Sep 2018 with Roc Mumbai Ii & aged 8 years 1 month as per MCA records.
Frequently asked questions
Phiwaves Capital is an active private limited company based in Thane, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 12 September 2018 (8+ years old) and is registered under CIN U73100MH2018PTC313911.
Phiwaves Capital has 2 current directors:
- Ashish Srivastava - Director
- Sarvendra Mahendra Prasad Srivastava - Director
The latest financial statements of Phiwaves Capital on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Phiwaves Capital is U73100MH2018PTC313911. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Phiwaves Capital was incorporated on 12 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashish Srivastava was appointed as Director on 12 Sep 2018. Sarvendra Mahendra Prasad Srivastava was appointed as Director on 12 Sep 2018.
Yes, Phiwaves Capital is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Phiwaves Capital is at Shop No 121 Ostwal Asha Deep Chs Ltd Opp Vijay Sales Mira Bhayander Road Mira Road Ea, St Thane, Maharashtra, India – 401107.
Phiwaves Capital operates in the financial services industry, in the financial activities segment.
The compliance status of Phiwaves Capital is compliant as of 24 September 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages