About Sky Wave Security Services Private Limited
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Sky Wave Security Services Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the security and surveillance segment of the business services sector. It was incorporated on 16 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74920GJ2009PTC056359. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Devendra Babulal Solada and Santosh M Shukla.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 1 Raipur Mills Meda Wali Chawl Nr Satyam Appartment Rakhial Road, Ahmedabad, Gujarat, India – 380010.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.43 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹1.43 Cr (net margin -22.2%) and EBITDA of -₹1.34 Cr (EBITDA margin -20.8%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹35 Lakh on record. Court records list 22 cases involving the company, including 22 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website skywavesecurity.com.
Company details
Contact details
Sky Wave Security Services Private Limited's registered office is in Ahmedabad, Gujarat. Its website is skywavesecurity.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1 Raipur Mills Meda Wali Chawl Nr Satyam Appartment Rakhial Road, Ahmedabad, Gujarat, India – 380010
- IndustryBusiness Services, Security & Surveillance
To see the full contact details of Sky Wave Security Services Private Limited, buy the company report.
- 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
Business activity
The main business activity of Sky Wave Security Services is support service to organizations. In detail, this covers security and investigation activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N4 | Security and investigation activities |
To see the full business activity and turnover split of Sky Wave Security Services Private Limited, buy the company report.
Financials of Sky Wave Security Services Private Limited
FY 2019 filings availableSky Wave Security Services Private Limited reported revenue of ₹6.43 Cr (down 32% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over three years, including a 32% fall in the latest year. EBITDA fell 110% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹6.43 Cr | ||||
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| Total Expenses | |||||
| EBITDA | -₹1.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.43 Cr | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -20.8% | ||||
| Net Profit Margin | -22.2% | ||||
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To see the full financial statements and ratios of Sky Wave Security Services Private Limited, buy the company report.
Board of directors of Sky Wave Security Services Private Limited
Sky Wave Security Services has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devendra Babulal Solada | Director | 11 Nov 2011 | 14 Years 11 Months | Current |
| Santosh M Shukla | Director | 16 Mar 2009 | 17 Years 7 Months | Current |
Peer comparison
Sky Wave Security Services Private Limited is compared with the 3 companies closest to it by revenue in the Business Services industry (Security Services), with the same principal business activity (security and investigation activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sky Wave Security Services Private Limitedthis company | ₹6.43 Cr (FY 2019) | -₹1.43 Cr | -22.2% | -32.0% | 1 | Ahmedabad, Gujarat, India |
| Neev Security Services Private Limited | ₹6.4 Cr (FY 2025) | -14.0% | Mumbai, Maharashtra, India | |||
| Chase Detective and Security Agency Private Limited | ₹6.4 Cr (FY 2025) | 171.0% | New Delhi, Delhi, India | |||
| Natraj Group Protection Private Limited | ₹6.38 Cr (FY 2025) | 72.0% | Ganaur, Haryana, India |
To see the full peer comparison of Sky Wave Security Services Private Limited, buy the company report.
Auditor
Sky Wave Security Services Private Limited is audited by NIMESH M SHAH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIMESH M SHAH & CO | FY 2018 | 115204W |
Shareholding
The shareholding of Sky Wave Security Services Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sky Wave Security Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Nov 2013 | 10461530 | Saraspur Nagrik Co Op Bank Ltd | ₹35 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Sky Wave Security Services Private Limited has 22 court cases on record: 22 filed against it. 1 case is pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 22 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| District court, Ahmedabad, Gujarat | Court case (EXE R) | Filed against the company by Magma Fincorp Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (EXE S) | Filed against the company by M/S Shriram City Union Finance Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Bajaj Finance Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Bajaj Finance Limited | Disposed |
To see the full case history of Sky Wave Security Services 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 Sky Wave Security Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sky Wave Security Services Private Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Sky Wave Security Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sky Wave Security Services Private Limited, buy the company report.
Recent activity
Sky Wave Security Services Private Limited has 9 board changes on record since 2009: 2 appointments and 7 cessations. The latest: Parmeshwar Prasad Pandey ceased to be Director on 30 Oct 2017.
1 earlier event is in the company report.
Frequently asked questions
Sky Wave Security Services is an active private limited company based in Ahmedabad, Gujarat, India. The company works in security and surveillance, within the business services industry. It was incorporated on 16 March 2009 (17+ years old) and is registered under CIN U74920GJ2009PTC056359.
Sky Wave Security Services has 2 current directors:
- Devendra Babulal Solada - Director
- Santosh M Shukla - Director
The latest financial statements of Sky Wave Security Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Sky Wave Security Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sky Wave Security Services is U74920GJ2009PTC056359. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sky Wave Security Services has 22 court cases on record: 22 filed against it. 1 is pending.
Sky Wave Security Services was incorporated on 16 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sky Wave Security Services by revenue are Neev Security Services Private Limited, Chase Detective and Security Agency Private Limited, Natraj Group Protection Private Limited, all in the Business Services industry (Security Services), with the same principal business activity (security and investigation activities).
Parmeshwar Prasad Pandey ceased to be Director on 30 Oct 2017. Bhupendrakumar Hiralal Shukla ceased to be Director on 01 Aug 2014. Dineshchandra Chandrashekhar Tiwari ceased to be Director on 01 Aug 2014. Sky Wave Security Services has 9 board changes on record in total.
Sky Wave Security Services can be reached through the website skywavesecurity.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Sky Wave Security Services is at 1 Raipur Mills Meda Wali Chawl Nr Satyam Appartment Rakhial Road, Ahmedabad, Gujarat, India – 380010.