MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0007124
Wave Mechanics Private Limited - transport and logistics in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹154.02 Cr
▲ 76% YoY
Net profit · FY 2025
₹27.18 Cr
Net margin 17.6%
EBITDA · FY 2025
₹48.86 Cr
EBITDA margin 31.7%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹78.85 Cr
Satisfied ₹49.2 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
233
Provident fund records
About Wave Mechanics Private Limited
Data last updated:
Wave Mechanics Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Kahm Industries Private Limited. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 12 November 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32109KA2001PTC029752. Its GSTIN is 29AAACW3621J1Z8 (Karnataka).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Harshvardhan Dalmia (Managing Director) and Manish Kumar Khaitan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at V – 3 1st Main 1st Stage Penya Indl Area Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹154.02 Cr, a growth of 76% compared to the previous year. For the same year it recorded a net profit of ₹27.18 Cr (net margin 17.6%) and EBITDA of ₹48.86 Cr (EBITDA margin 31.7%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 43% over five years.
The company has about 233 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Wave Mechanics. As per MCA filings, the company has open charges of ₹78.85 Cr and satisfied charges of ₹49.2 Cr on record. Court records list 12 cases involving the company, including 5 filed by the company and 7 filed against it; 5 cases are pending. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹8.5 Cr; the latest was in November 2021.
Wave Mechanics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0007124). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wave-mechanics.com.
Company details
CIN U32109KA2001PTC029752
Registration Number 029752
Incorporation Date 12 November 2001
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Kahm Industries Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0007124
Recognitions & Rankings of Wave Mechanics
Contact details
Wave Mechanics Private Limited's registered office is in Bangalore, Karnataka. Its website is wave-mechanics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressV – 3 1st Main 1st Stage Penya Indl Area Bangalore, Karnataka, India – 560058
- IndustryTransport and Logistics, Aircraft & Component Manufacturing
To see the full contact details of Wave Mechanics Private Limited, buy the company report.
Comprehensive company report
Wave Mechanics 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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Brands
Wave Mechanics operates one associated brand: Wave Mechanics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Company is a manufacturer of parts for multiple sectors | wave-mechanics.com |
Business activity
The main business activity of Wave Mechanics is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Wave Mechanics Private Limited, buy the company report.
Financials of Wave Mechanics Private Limited
FY 2024 filings availableWave Mechanics Private Limited reported revenue of ₹154.02 Cr (up 76% YoY) for FY 2025.
Revenue · FY 2025
₹154.02 Cr ▲ 76%
Net profit · FY 2025
₹27.18 Cr margin 17.6%
EBITDA · FY 2025
₹48.86 Cr margin 31.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 76%
3 years · compounded
▲ 25%
5 years · compounded
▲ 43%
EBITDA CAGR growth
1 year
▲ 198%
3 years · compounded
▲ 40%
5 years · compounded
▲ 59%
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 76% growth in the latest year. EBITDA rose 198% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹48.86 Cr | ||||
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| Net Profit (PAT) | ₹27.18 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 31.7% | ||||
| Net Profit Margin | 17.6% | ||||
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To see the full financial statements and ratios of Wave Mechanics Private Limited, buy the company report.
Board of directors of Wave Mechanics Private Limited
Wave Mechanics has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Kumar Khaitan Also directs: Comavia Systems Technologies Private Limited | Director | 02 Nov 2017 | 8 Years 11 Months | Current |
| Alka Dalmia Also directs: Kahm Industries Private Limited, Armasol Properties Private Limited, Alkmai Trading Private Limited and 5 more | Director | 26 Sep 2022 | 4 Years 1 Months | Current |
| Mayank Dalmia | Director | 02 Nov 2017 | 8 Years 11 Months | Current |
| Harshvardhan Dalmia Also directs: Kahm Capital Private Limited, Kahm Realty Private Limited | Managing Director | 02 Nov 2017 | 8 Years 11 Months | Current |
Auditor
Wave Mechanics Private Limited is audited by Girish Murthy & Kumar for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Girish Murthy & Kumar | FY 2024 | 000934S |
Shareholding
The shareholding of Wave Mechanics Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Wave Mechanics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹78.85 Cr
Satisfied charges
₹49.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2018 | 100224623 | State Bank of India | ₹78.85 Cr | Open | |
| 11 Aug 2021 | 100486137 | State Bank of India | ₹9.5 Lakh | Satisfied | |
| 11 Aug 2021 | 100486136 | State Bank of India | ₹8 Lakh | Satisfied | |
| 15 Oct 2015 | 100034174 | Others | ₹5 Cr | Satisfied | |
| 13 Jun 2014 | 10517275 | Karnataka State Financial Corporation | ₹5 Cr | Satisfied |
To see the full charge records of Wave Mechanics Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Wave Mechanics Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹8.5 Cr; the latest was in November 2021.
Total deals
6
Funding rounds
3
Secondary share transfers
2
Convertible or debt financing
1
Disclosed funding
₹8.5 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: Kahm Industries Private Limited , 2 individuals Seller: an individual |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2017 | Funding round | ₹3 Cr | Investors: Kahm Industries Private Limited |
| Mar 2009 | Funding round | ₹1 Cr | Investors: an individual |
| Mar 2007 | Funding round | ₹50 Lakh | Investors: an individual |
To see the full deal history of Wave Mechanics Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Wave Mechanics Private Limited has 12 court cases on record: 5 filed by Wave Mechanics, 7 filed against it. 5 cases are pending and 7 are disposed.
Total cases
12
Filed by the company
5
Filed against the company
7
Pending
5
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 7 | 5 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against Dilabs Systems Private Limited and 4 others | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Court case (SLA) | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Court case (ID) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Court case (ID) | Filed against the company by an individual | Pending |
To see the full case history of Wave Mechanics 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 Wave Mechanics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Wave Mechanics has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Comavia Systems Technologies Private Limited | U72200KA2002PTC030689 |
To see the full group structure of Wave Mechanics Private Limited, buy the company report.
Employees & EPFO
Wave Mechanics Private Limited has a workforce of 233 employees on its EPFO records as of Aug 08, 2025, across 1 active EPFO establishment.
Employee count
233
Active EPFO establishments
1
Employee growth
6.39%
GST
Wave Mechanics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACW3621J1Z8 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wave Mechanics Private Limited, buy the company report.
Recent activity
Wave Mechanics Private Limited has 9 board changes on record since 2017: 4 appointments and 5 cessations. The latest: Alka Dalmia was appointed as Director on 26 Sep 2022.
AGM
Wave Mechanics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Wave Mechanics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with State Bank Of India of Rs. 78.85 Cr registered on 30 Nov 2018 with Charge ID 100224623 was modified on 24 Feb 2024.
Charges
A charge registered on 11 Aug 2021 via Charge ID 100486137 with State Bank Of India was fully satisfied on 09 Jun 2023.
Charges
A charge registered on 11 Aug 2021 via Charge ID 100486136 with State Bank Of India was fully satisfied on 09 Jun 2023.
Charges
A charge registered on 28 Sep 2013 via Charge ID 10454626 with Reliance Capital Ltd was fully satisfied on 08 Jun 2023.
Charges
A charge registered on 28 Feb 2013 via Charge ID 10414994 with Reliance Capital Ltd was fully satisfied on 08 Jun 2023.
Appointed
Alka Dalmia was appointed as Director.
Ceased
Varughese Thomas ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 0.10 Cr with Charge ID 100486137 was registered on 11 Aug 2021.
Charges
A charge with State Bank Of India amounted to Rs. 0.08 Cr with Charge ID 100486136 was registered on 11 Aug 2021.
Charges
A charge registered on 15 Oct 2015 via Charge ID 100034174 with Others was fully satisfied on 29 Jul 2019.
26 earlier events are in the company report.
Frequently asked questions
Wave Mechanics is an active private limited company based in Bangalore, Karnataka, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 12 November 2001 (25+ years old) and is registered under CIN U32109KA2001PTC029752.
Wave Mechanics has 4 current directors:
- Harshvardhan Dalmia - Managing Director
- Manish Kumar Khaitan - Director
- Alka Dalmia - Director
- Mayank Dalmia - Director
The latest financial statements of Wave Mechanics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Wave Mechanics is 29AAACW3621J1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Wave Mechanics is U32109KA2001PTC029752. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wave Mechanics has 12 court cases on record: 5 filed by the company and 7 filed against it. 5 are pending. Most are in the district courts.
Wave Mechanics was incorporated on 12 November 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.
Wave Mechanics has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹8.5 Cr; the latest was in November 2021.
Alka Dalmia was appointed as Director on 26 Sep 2022. Varughese Thomas ceased to be Director on 22 Nov 2021. Harshvardhan Dalmia ceased to be Additional Director on 29 Sep 2018. Wave Mechanics has 9 board changes on record in total.
Yes, Wave Mechanics is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0007124).