Surewaves Mediatech Private Limited

Surewaves Mediatech Private Limited - media and publishing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2006PTC039599 Incorporated 01 June 2006 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company media and publishing MSME · Small
Revenue · FY 2025
₹24.4 Cr
▼ 7% YoY
Net loss · FY 2025
₹46.93 Cr
Net margin -192.3%
EBITDA · FY 2025
₹50.83 Lakh
EBITDA margin 2.1%
Authorised capital
₹30.5 Cr
Registered with MCA
Paid-up capital
₹17.18 Cr
Issued & subscribed
Open charges
₹11.56 Cr
Satisfied ₹7.9 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
41
Provident fund records

About Surewaves Mediatech Private Limited

Data last updated:

Surewaves Mediatech Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the advertising and media services segment of the media and publishing sector. It was incorporated on 01 June 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2006PTC039599. Its GSTIN is 29AABCI5171N1Z4 (Karnataka). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹30.5 Cr and a paid-up capital of ₹17.18 Cr. It was formerly known as Indusedge Innovations Private Limited. It is led by directors including Rajendra Kumar Khare and Anant Kansal.

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 Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹24.4 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹46.93 Cr (net margin -192.3%) and EBITDA of ₹50.83 Lakh (EBITDA margin 2.1%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 4% over five years.

The company has about 41 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 1 brand: SureWaves MediaTech. As per MCA filings, the company has open charges of ₹11.56 Cr and satisfied charges of ₹7.9 Cr on record. Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it; 3 cases are pending. The company has 18 deals on record (13 funding rounds, 5 secondary share transfers), with disclosed funding of ₹70.17 Cr; the latest was in October 2020.

Surewaves Mediatech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0008260). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website surewaves.com.

Company details

CIN U72200KA2006PTC039599
Registration Number 039599
Incorporation Date 01 June 2006
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-02-0008260
Key People
Vinod Keni Nominee Director Rajendra Kumar Khare Director Anant Kansal Director

Recognitions & Rankings of Surewaves Mediatech

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-02-0008260

Contact details

Surewaves Mediatech Private Limited's registered office is in Bangalore, Karnataka. Its website is surewaves.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    surewaves.com
  • Social Media
  • Registered Address
    Hd – 005 Wework Salarpuria Magnificia Tin Factory 78 Old Madras Road Mahadevapura Next T, O Kr Puram, Bangalore, Karnataka, India – 560016
  • Industry
    Media and Publishing, Advertising Agencies & Media Services

To see the full contact details of Surewaves Mediatech Private Limited, buy the company report.

Comprehensive company report
Surewaves Mediatech 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
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Secure checkout · GST invoice included

Brands

Surewaves Mediatech operates one associated brand: SureWaves MediaTech. Each brand links to its own profile.

BrandDescriptionWebsite
SureWaves MediaTech
AI-powered spot and yield management is provided for local TV.surewaves.com

Business activity

The main business activity of Surewaves Mediatech is information and communication. In detail, this covers broadcasting and programming activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ4Broadcasting and programming activities

To see the full business activity and turnover split of Surewaves Mediatech Private Limited, buy the company report.

Financials of Surewaves Mediatech Private Limited

FY 2025 filings available

Surewaves Mediatech Private Limited reported revenue of ₹24.4 Cr (down 7% YoY) for FY 2025.

Revenue · FY 2025
₹24.4 Cr ▼ 7%
Net loss · FY 2025
₹46.93 Cr margin -192.3%
EBITDA · FY 2025
₹50.83 Lakh margin 2.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 18%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 57%
3 years · compounded
▼ 63%
5 years · compounded
▲ 16%

Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 7% fall in the latest year. EBITDA fell 57% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹50.83 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹46.93 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.1%
Net Profit Margin-192.3%
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 Surewaves Mediatech Private Limited, buy the company report.

Board of directors of Surewaves Mediatech Private Limited

Surewaves Mediatech has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vinod Keni
Also directs: Wiseowl Consulting LLP, Peachtree Venture Advisors LLP, Bottomline Fintech Automation LLP and 3 more
Nominee Director22 Feb 20197 Years 8 MonthsCurrent
Rajendra Kumar Khare
Also directs: Raj Khare and Family LLP, Adtheorem India Private Limited
Director16 Oct 200620 Years 0 MonthsCurrent
Anant Kansal
Also directs: Adtheorem India Private Limited, Kansal Family LLP
Director16 Oct 200620 Years 0 MonthsCurrent
Rohitt MutthooNominee Director15 Dec 20232 Years 11 MonthsCurrent
View all directors

Auditor

Surewaves Mediatech Private Limited is audited by SANDEEP GIRISH G K & CO LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SANDEEP GIRISH G K & CO LLPFY 2023S000040

Shareholding

The shareholding of Surewaves Mediatech Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Surewaves Mediatech Private Limited, buy the company report.

Charges & borrowings

Open charges
₹11.56 Cr
Satisfied charges
₹7.9 Cr
Breakdown by lending institutions
Others₹11.56 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Sep 2018100211277Others₹11.56 CrOpen
16 Sep 2016100065404Others₹3 CrSatisfied
24 Jul 201010231490Technology Development Board₹4.9 CrSatisfied

To see the full charge records of Surewaves Mediatech Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Surewaves Mediatech Private Limited has 18 deals on record (13 funding rounds, 5 secondary share transfers), with disclosed funding of ₹70.17 Cr; the latest was in October 2020.

Total deals
18
Funding rounds
13
Secondary share transfers
5
Disclosed funding
₹70.17 Cr

Deals on record (5 of 18)

WhenDealAmountParties
Oct 2020Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Jun 2014Secondary share transferUndisclosedBuyer: Surewaves Employee Welfare Trust
Seller: Stag Software Private Limited , 3 individuals
Dec 2009Funding round₹2.02 CrInvestors: Vistra Global Solutions India Private Limited, Stag Software Private Limited , 2 individuals
Dec 2007Funding round · Seed₹3.78 CrInvestors: 4 individuals
Nov 2006Funding round₹1.5 CrInvestors: 4 individuals

To see the full deal history of Surewaves Mediatech Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Surewaves Mediatech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Surewaves Mediatech has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Adtheorem India Private LimitedU72200KA2006PTC039596

To see the full group structure of Surewaves Mediatech Private Limited, buy the company report.

Employees & EPFO

Surewaves Mediatech Private Limited has a workforce of 41 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
41
Active EPFO establishments
1
Employee growth
-22.6%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2741
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Surewaves Mediatech Private Limited, buy the company report.

GST

Surewaves Mediatech has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
29AABCI5171N1Z4KarnatakaActive01 Jul 2017
07AABCI5171N1ZADelhiActive01 Jul 2017
27AABCI5171N1Z8MaharashtraActive01 Jul 2017
06AABCI5171N1ZCHaryanaActive31 Jan 2018

To see the full GST registrations and return filing status of Surewaves Mediatech Private Limited, buy the company report.

Recent activity

Surewaves Mediatech Private Limited has 26 board changes on record since 2006: 15 appointments and 11 cessations. The latest: Avneet Singh Kochar ceased to be Nominee Director on 31 Mar 2025.

AGM
Surewaves Mediatech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Surewaves Mediatech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Avneet Singh Kochar ceased to be Nominee Director.
Ceased
Paul Gratien Robine ceased to be Nominee Director.
Appointed
Rohitt Mutthoo was appointed as Nominee Director.
Charges
A charge registered on 16 Sep 2016 via Charge ID 100065404 with Others was fully satisfied on 17 May 2019.
Ceased
Shekhar Kirani Hanumanthasetty ceased to be Director.
Appointed
Vinod Keni was appointed as Nominee Director.
Charges
A charge with Others amounted to Rs. 11.56 Cr with Charge ID 100211277 was registered on 15 Sep 2018.
Appointed
Avneet Singh Kochar was appointed as Nominee Director.
Ceased
Sarbvir Singh ceased to be Nominee Director.
Ceased
Parmeshwar Kumar Agiwal ceased to be Director.

22 earlier events are in the company report.

News

Frequently asked questions

Surewaves Mediatech is an active private limited company based in Bangalore, Karnataka, India. The company works in advertising agencies and media services, within the media and publishing industry. It was incorporated on 01 June 2006 (20+ years old) and is registered under CIN U72200KA2006PTC039599.

Surewaves Mediatech has 4 current directors:

The latest financial statements of Surewaves Mediatech 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 2015 are in the company report.

The GSTIN of Surewaves Mediatech is 29AABCI5171N1Z4, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 07AABCI5171N1ZA (Delhi), 27AABCI5171N1Z8 (Maharashtra), 06AABCI5171N1ZC (Haryana).

The CIN (Corporate Identification Number) of Surewaves Mediatech is U72200KA2006PTC039599. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Surewaves Mediatech has 12 court cases on record: 4 filed by the company and 8 filed against it. 3 are pending. Most are in the district courts.

Surewaves Mediatech was incorporated on 01 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.

Surewaves Mediatech has 18 deals on record (13 funding rounds, 5 secondary share transfers), with disclosed funding of ₹70.17 Cr; the latest was in October 2020.

Avneet Singh Kochar ceased to be Nominee Director on 31 Mar 2025. Paul Gratien Robine ceased to be Nominee Director on 15 Dec 2023. Rohitt Mutthoo was appointed as Nominee Director on 15 Dec 2023. Surewaves Mediatech has 26 board changes on record in total.

Yes, Surewaves Mediatech is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0008260).