Vave Infosolutions India Private Limited
About Vave Infosolutions India Private Limited
Data last updated:
Vave Infosolutions India Private Limited was a private limited company based in Secunderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 20 May 2015.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2015PTC098985. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Venugopal Rao Veeramaneni and Banda Krishna Vamshi Reddy.
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 was at Plot No 34 Bhavana Enclave Phase III New Bowenpally, Secunderabad, Telangana, India – 500011.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.04 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹32,404 (net margin -10.6%) and EBITDA of ₹3,049 (EBITDA margin 1%).
The company was associated with 1 brand: Getbike. The company has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹68 Lakh; the latest was in May 2018. Its 3 peer companies in the Outsourcing industry (Consulting Services), with the same principal business activity (other professional, scientific and technical activities) are compared by revenue, 2 larger and 1 smaller; the largest is Goldmate Business Solutions Private Limited with revenue of ₹3.05 Lakh.
Company details
Contact details
Vave Infosolutions India Private Limited's registered office is in Secunderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 34 Bhavana Enclave Phase III New Bowenpally, Secunderabad, Telangana, India – 500011
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Vave Infosolutions India 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
Brands
Vave Infosolutions India operates one associated brand: Getbike. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Bike taxis are hailed via a mobile app in Hyderabad. | getbike.co.in |
Business activity
The main business activity of Vave Infosolutions India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Vave Infosolutions India Private Limited, buy the company report.
Financials of Vave Infosolutions India Private Limited
FY 2019 filings availableVave Infosolutions India Private Limited reported revenue of ₹3.04 Lakh (down 81% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 81% in the latest year. EBITDA rose 107% in the latest 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹3.04 Lakh | |||
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| Total Revenue | ||||
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| EBITDA | ₹3,049 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹32,404 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1% | |||
| Net Profit Margin | -10.6% | |||
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| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Vave Infosolutions India Private Limited, buy the company report.
Board of directors of Vave Infosolutions India Private Limited
Vave Infosolutions India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venugopal Rao Veeramaneni | Director | 20 May 2015 | 11 Years 5 Months | As last reported |
| Banda Krishna Vamshi Reddy Also directs: Akti Icombinator Capital Partners LLP, Akti Icombinator Investment Advisors LLP, Samosaparty Foods Private Limited and 4 more | Director | 20 May 2015 | 11 Years 5 Months | As last reported |
Peer comparison
Vave Infosolutions India Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Consulting Services), with the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goldmate Business Solutions Private Limited | ₹3.05 Lakh (FY 2024) | -30.0% | Coimbatore, Tamil Nadu, India | |||
| Vasturang Projects Private Limited | ₹3.05 Lakh (FY 2025) | -92.0% | Mumbai, Maharashtra, India | |||
| Vave Infosolutions India Private Limitedthis company | ₹3.04 Lakh (FY 2019) | -₹32,404 | -10.6% | -81.0% | Secunderabad, Telangana, India | |
| Single Debt Services Private Limited | ₹3.03 Lakh (FY 2024) | 13.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Vave Infosolutions India Private Limited, buy the company report.
Auditor
Vave Infosolutions India Private Limited is audited by S. V. R. J. & Co. LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. V. R. J. & Co. LLP | FY 2019 | 013164S/S200064 |
Shareholding
The shareholding of Vave Infosolutions India Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Vave Infosolutions India Private Limited, buy the company report.
Deals & funding
Vave Infosolutions India Private Limited has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹68 Lakh; the latest was in May 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2018 | Acquisition | Undisclosed | Buyer: Roppen Transportation Services Private Limited Seller: 2 individuals |
| Dec 2016 | Funding round | ₹68 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Vave Infosolutions India 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 Vave Infosolutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vave Infosolutions India 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 Vave Infosolutions India Private Limited, buy the company report.
Recent activity
Vave Infosolutions India Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Banda Krishna Vamshi Reddy was appointed as Director on 20 May 2015.
Frequently asked questions
Vave Infosolutions India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Vave Infosolutions India was a private limited company based in Secunderabad, Telangana, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 20 May 2015 and is registered under CIN U72200TG2015PTC098985. The company has been struck off by the Registrar of Companies and is no longer operational.
Vave Infosolutions India had 2 directors:
- Venugopal Rao Veeramaneni - Director
- Banda Krishna Vamshi Reddy - Director
The CIN (Corporate Identification Number) of Vave Infosolutions India is U72200TG2015PTC098985. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Vave Infosolutions India is at Plot No 34 Bhavana Enclave Phase III New Bowenpally, Secunderabad, Telangana, India – 500011.
Vave Infosolutions India was incorporated on 20 May 2015. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Vave Infosolutions India 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 FY 2016 are in the company report.
No. Vave Infosolutions India has 1 GST registration on record and it is cancelled or inactive.
Vave Infosolutions India operated in the business outsourcing industry, in the business and IT consulting segment. It worked in this industry before it was struck off.
Vave Infosolutions India has 2 deals on record (1 funding round, 1 acquisition), with disclosed funding of ₹68 Lakh; the latest was in May 2018.
The peers of Vave Infosolutions India by revenue are Goldmate Business Solutions Private Limited, Vasturang Projects Private Limited, Single Debt Services Private Limited, all in the Outsourcing industry (Consulting Services), with the same principal business activity (other professional, scientific and technical activities).