DPIIT recognised startup Government of India
Startup India
Waxseal Fintech Private Limited - internet in Ernakulam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹23.95 Lakh
▲ 138% YoY
Net loss · FY 2024
₹7.82 Lakh
Net margin -32.7%
EBITDA · FY 2024
-₹7.81 Lakh
EBITDA margin -32.6%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹6 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Waxseal Fintech Private Limited
Data last updated:
Waxseal Fintech Private Limited is a private limited company based in Ernakulam, Kerala, India, recognised as a startup by DPIIT. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 05 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74999KL2020PTC062730. Its GSTIN is 32AALCP2215N1ZD (Kerala).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹6 Lakh. It was formerly known as Pravasitax Solutions Private Limited. It is led by directors Sowmya Vijayan (Whole-Time Director) and Sreejith Kuniyil.
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ernakulam, Kerala.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.95 Lakh, a growth of 138% compared to the previous year. For the same year it recorded a net loss of ₹7.82 Lakh (net margin -32.7%) and EBITDA of -₹7.81 Lakh (EBITDA margin -32.6%).
The company is associated with 1 brand: Pravasi.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pravasitax.com.
Company details
CIN U74999KL2020PTC062730
Registration Number 062730
Incorporation Date 05 July 2020
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Waxseal Fintech
Contact details
Waxseal Fintech Private Limited's registered office is in Ernakulam, Kerala. Its website is pravasitax.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSecond Floor Imperial Amity, NH Bypass Chalikkavattom, Ernakulam, Kerala, India – 682019
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Waxseal Fintech Private Limited, buy the company report.
Comprehensive company report
Waxseal Fintech 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
Brands
Waxseal Fintech operates one associated brand: Pravasi. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers online tax filing services for individuals and businesses. | pravasitax.com |
Business activity
The main business activity of Waxseal Fintech is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of Waxseal Fintech Private Limited, buy the company report.
Financials of Waxseal Fintech Private Limited
FY 2025 filings availableWaxseal Fintech Private Limited reported revenue of ₹23.95 Lakh (up 138% YoY) for FY 2024.
Revenue · FY 2024
₹23.95 Lakh ▲ 138%
Net loss · FY 2024
₹7.82 Lakh margin -32.7%
EBITDA · FY 2024
-₹7.81 Lakh margin -32.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 138%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 24%
Revenue rose 138% in the latest year. EBITDA fell 8% 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 |
|---|---|---|---|---|
| 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 | -₹7.81 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹7.82 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -32.6% | |||
| Net Profit Margin | -32.7% | |||
| 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 | ||||
To see the full financial statements and ratios of Waxseal Fintech Private Limited, buy the company report.
Board of directors of Waxseal Fintech Private Limited
Waxseal Fintech has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sowmya Vijayan Also directs: Pravasirealtors Consultants LLP, Nexgrowth Management Ventures LLP, Finspire Consulting Solutions LLP and 3 more | Whole-Time Director | 05 Jul 2020 | 6 Years 4 Months | Current |
| Sreejith Kuniyil Also directs: Capitaire Consultants LLP, Reqroute Fintax HR Solutions LLP, Markventas Solutions LLP and 5 more | Director | 05 Jul 2020 | 6 Years 4 Months | Current |
Auditor
Waxseal Fintech Private Limited is audited by SGS & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SGS & COMPANY | FY 2022 | 009889S |
Shareholding
The shareholding of Waxseal Fintech Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Waxseal Fintech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Waxseal Fintech 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 Waxseal Fintech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Waxseal Fintech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AALCP2215N1ZD | Kerala | Active | 14 Oct 2020 |
To see the full GST registrations and return filing status of Waxseal Fintech Private Limited, buy the company report.
Recent activity
Waxseal Fintech Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Sowmya Vijayan was appointed as Whole-Time Director on 05 Jul 2020.
AGM
Waxseal Fintech Private Limited last Annual general meeting of members was held on 04 Sep 2025 as per latest MCA records.
Filing
Waxseal Fintech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Appointed
Sowmya Vijayan was appointed as Whole-Time Director.
Appointed
Sreejith Kuniyil was appointed as Director.
Incorporation
05 Jul 2020
Waxseal Fintech Private Limited was registered on 05 Jul 2020 with Roc Ernakulam & aged 6 years 4 months as per MCA records.
Frequently asked questions
Waxseal Fintech is an active private limited company based in Ernakulam, Kerala, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 05 July 2020 (6+ years old) and is registered under CIN U74999KL2020PTC062730.
Waxseal Fintech has 2 current directors:
- Sowmya Vijayan - Whole-Time Director
- Sreejith Kuniyil - Director
The latest financial statements of Waxseal Fintech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Waxseal Fintech is 32AALCP2215N1ZD, registered in Kerala.
The CIN (Corporate Identification Number) of Waxseal Fintech is U74999KL2020PTC062730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Waxseal Fintech was incorporated on 05 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
Sowmya Vijayan was appointed as Whole-Time Director on 05 Jul 2020. Sreejith Kuniyil was appointed as Director on 05 Jul 2020.
Yes, Waxseal Fintech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Waxseal Fintech can be reached through the website pravasitax.com. Its registered office is in Ernakulam, Kerala, India.
The registered office of Waxseal Fintech is at Second Floor Imperial Amity, NH Bypass Chalikkavattom, Ernakulam, Kerala, India – 682019.
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