Waftnet IT Solutions Private Limited
About Waftnet IT Solutions Private Limited
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Waftnet IT Solutions Private Limited is a private limited company based in Chandigarh, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 26 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900CH2020PTC043183. Its GSTIN is 03AACCW7293E1ZB (Punjab).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sohan Singh and Ganesh Chander Joshi.
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 SCO – 126 – 127 4th Floor Sector 34 – A, Chandigarh, India – 160020.
As per the financials filed for FY 2025, the company reported a revenue of ₹72.2 Lakh, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹1.65 Lakh (net margin 2.3%) and EBITDA of ₹2.71 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years.
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- Registered AddressSCO – 126 – 127 4th Floor Sector 34 – A, Chandigarh, India – 160020
- IndustryInformation Technology, Other Computer Related Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Waftnet IT Solutions Private Limited
The main business activity of Waftnet IT Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Waftnet IT Solutions Private Limited FY 2025 filings available
Waftnet IT Solutions Private Limited reported revenue of ₹72.2 Lakh (up 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Waftnet IT Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 39% over three years, including 44% growth in the latest year. EBITDA rose 134% 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 of Waftnet IT Solutions Private Limited
| Metrics | FY 2024-25 | 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 | ₹2.71 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.65 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 of Waftnet IT Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Waftnet IT Solutions are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Waftnet IT Solutions Private Limited
Waftnet IT Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tech Umbrella Software Solutions Private Limited | ₹72.28 Lakh (FY 2025) | •••• | •••• | 21.0% | •••• | Hyderabad, Telangana, India |
| Venturevault Innovations Private Limited | ₹72.27 Lakh (FY 2025) | •••• | •••• | -49.0% | •••• | Malappuram, Kerala, India |
| Lidavi Technologies Private Limited | ₹72.25 Lakh (FY 2025) | •••• | •••• | -27.0% | •••• | Madurai, Tamil Nadu, India |
| Wise Goal Services Private Limited | ₹72.24 Lakh (FY 2025) | •••• | •••• | 140.0% | •••• | Ahmedabad, Gujarat, India |
| Lucro Soft Private Limited | ₹72.22 Lakh (FY 2025) | •••• | •••• | -26.0% | •••• | New Delhi, Delhi, India |
| Waftnet IT Solutions Private Limited this company | ₹72.2 Lakh (FY 2025) | •••• | •••• | 44.0% | •••• | Chandigarh, India |
| Softworld Global Services Private Limited | ₹72.11 Lakh (FY 2022) | •••• | •••• | 41.0% | •••• | Guntur, Andhra Pradesh, India |
| Sahal Webads Private Limited | ₹72.1 Lakh (FY 2024) | •••• | •••• | 181.0% | •••• | Adyar, Chennai, Tamil Nadu, India |
| C-Vision IT Private Limited | ₹72.08 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Tirupati, Andhra Pradesh, India |
| G - Max IT Services Private Limited | ₹72.05 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Jammu, Jammu and Kashmir, India |
| Srishti Infotainment Private Limited | ₹72.05 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Waftnet IT Solutions by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Waftnet IT Solutions Private Limited
Waftnet IT Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sohan Singh | Director | 26 Aug 2020 | 6 Years 1 Months | Current |
| Ganesh Chander Joshi | Director | 26 Aug 2020 | 6 Years 1 Months | Current |
Ownership and Shareholding of Waftnet IT Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Waftnet IT Solutions Private Limited
Waftnet IT Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Waftnet IT Solutions Private Limited
Waftnet IT Solutions Private Limited has a workforce of 0 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Waftnet IT Solutions Private Limited
Waftnet IT Solutions Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Ganesh Chander Joshi was appointed as Director on 26 Aug 2020.
Credit Ratings, Litigation & Regulatory Alerts for Waftnet IT Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Waftnet IT Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Waftnet IT Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Waftnet IT Solutions Private Limited
Waftnet IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCW7293E1ZB | Punjab | Active | 15 Nov 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Waftnet IT Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Waftnet IT Solutions Private Limited
Waftnet IT Solutions is an active private limited company based in Chandigarh, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 26 August 2020 (6+ years old) and is registered under CIN U72900CH2020PTC043183.
Waftnet IT Solutions reported revenue of ₹72.2 Lakh for FY 2025 (up 44% YoY).
Waftnet IT Solutions has 2 current directors:
- Sohan Singh - Director
- Ganesh Chander Joshi - Director
Waftnet IT Solutions reported a net profit of ₹1.65 Lakh (net margin 2.3%) and EBITDA of ₹2.71 Lakh (EBITDA margin 3.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Waftnet IT Solutions is 39% over three years. In the latest year (FY 2025) revenue rose 44%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Waftnet IT Solutions is 03AACCW7293E1ZB, registered in Punjab.
The CIN (Corporate Identification Number) of Waftnet IT Solutions is U72900CH2020PTC043183. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Waftnet IT Solutions was incorporated on 26 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Waftnet IT Solutions by revenue are Tech Umbrella Software Solutions Private Limited, Venturevault Innovations Private Limited, Lidavi Technologies Private Limited, Wise Goal Services Private Limited, Lucro Soft Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Ganesh Chander Joshi was appointed as Director on 26 Aug 2020. Sohan Singh was appointed as Director on 26 Aug 2020.
The registered office of Waftnet IT Solutions is at SCO – 126 – 127 4th Floor Sector 34 – A, Chandigarh, India – 160020.