About Wave Finserve Private Limited
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Wave Finserve Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 20 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U67110DL2009PTC193418.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Sanjeev Jain and Manpreet Singh Chadha.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mezzanine Floor M – 4 New Delhi South Extension Part – II, Delhi, India – 110049.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.5 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net profit of ₹2.33 Lakh (net margin 66.6%) and EBITDA of ₹2.22 Lakh (EBITDA margin 63.4%). Revenue has declined at a compounded annual rate (CAGR) of 70% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 2 brands: New Habitat Housing Finance & Development and Wave Group. As per MCA filings, the company has satisfied charges of ₹49.75 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website waveinfratech.com.
Company details
Contact details
Wave Finserve Private Limited's registered office is in New Delhi, Delhi. Its website is waveinfratech.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressMezzanine Floor M – 4 New Delhi South Extension Part – II, Delhi, India – 110049
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Wave Finserve 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
Wave Finserve operates two associated brands: New Habitat Housing Finance & Development and Wave Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Affordable housing finance and development services are provided. | newhabitat.in | |
| Real estate development and manufacturing services are offered by the Wave Group in India. | waveinfratech.com |
Business activity
The main business activity of Wave Finserve is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies |
To see the full business activity and turnover split of Wave Finserve Private Limited, buy the company report.
Financials of Wave Finserve Private Limited
FY 2025 filings availableWave Finserve Private Limited reported revenue of ₹3.5 Lakh (down 98% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over five years, including a 98% fall in the latest year. EBITDA fell 99% 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 | FY 2019-20 |
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| EBITDA | ₹2.22 Lakh | ||||
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| Net Profit (PAT) | ₹2.33 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 63.4% | ||||
| Net Profit Margin | 66.6% | ||||
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To see the full financial statements and ratios of Wave Finserve Private Limited, buy the company report.
Board of directors of Wave Finserve Private Limited
Wave Finserve has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Jain Also directs: Farmac Global Foods Private Limited, Wave Vertica Private Limited, Tejaswani Developers Private Limited and 5 more | Director | 10 Aug 2022 | 4 Years 2 Months | Current |
| Manpreet Singh Chadha Also directs: G S R Granites Private Limited, Farmac Global Foods Private Limited, Agristo Masa Private Limited and 5 more | Director | 20 Aug 2009 | 17 Years 2 Months | Current |
| Yogesh Raizada | Director | 13 May 2022 | 4 Years 5 Months | Current |
Auditor
Wave Finserve Private Limited is audited by P S A G & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P S A G & CO | FY 2020 | 031877N |
Shareholding
The shareholding of Wave Finserve Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Wave Finserve Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 May 2017 | 100249180 | Others | ₹5 Cr | Satisfied | |
| 29 Mar 2017 | 100095470 | State Bank of India | ₹29.75 Cr | Satisfied | |
| 03 Dec 2016 | 100068521 | Others | ₹15 Cr | Satisfied |
To see the full charge records of Wave Finserve Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Wave Finserve 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 Wave Finserve Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Wave Finserve has 1 subsidiary company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| New Habitat Housing Finance and Development Limited | U65100DL2011PLC214079 |
To see the full group structure of Wave Finserve Private Limited, buy the company report.
GST
No GST registration is on our record for Wave Finserve Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Wave Finserve Private Limited has 9 board changes on record since 2009: 3 appointments and 6 cessations. The latest: Sanjeev Jain ceased to be Additional Director on 25 Sep 2022.
7 earlier events are in the company report.
Frequently asked questions
Wave Finserve is an active private limited company based in New Delhi, Delhi, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 20 August 2009 (17+ years old) and is registered under CIN U67110DL2009PTC193418.
Wave Finserve has 3 current directors:
- Sanjeev Jain - Director
- Manpreet Singh Chadha - Director
- Yogesh Raizada - Director
The latest financial statements of Wave Finserve on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Wave Finserve is U67110DL2009PTC193418. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wave Finserve was incorporated on 20 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Sanjeev Jain ceased to be Additional Director on 25 Sep 2022. Yogesh Raizada ceased to be Additional Director on 25 Sep 2022. Sanjeev Jain was appointed as Director on 10 Aug 2022. Wave Finserve has 9 board changes on record in total.
Wave Finserve can be reached through the website waveinfratech.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Wave Finserve is at Mezzanine Floor M – 4 New Delhi South Extension Part – II, Delhi, India – 110049.
Wave Finserve operates in the financial services industry, in the diversified financial services segment.
Wave Finserve has no open charges and satisfied charges of ₹49.75 Cr as per latest MCA filings.
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