Wave Mercantile Private Limited
About Wave Mercantile Private Limited
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Wave Mercantile Private Limited is a private limited company based in Delhi, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 22 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45400DL2007PTC170658.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dharmendra and Suneel Kumar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at C – 20 Top Floor Pvt No. 401 Aruna Park Laxmi Nagar, Delhi, India – 110092.
As per the financials filed for FY 2022, the company reported a revenue of ₹37.83 Lakh, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹68,552 (net margin 1.8%) and EBITDA of ₹1.02 Lakh (EBITDA margin 2.7%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 7% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Wave Mercantile Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 20 Top Floor Pvt No. 401 Aruna Park Laxmi Nagar, Delhi, India – 110092
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Wave Mercantile 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
Business activity
The main business activity of Wave Mercantile is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Wave Mercantile Private Limited, buy the company report.
Financials of Wave Mercantile Private Limited
FY 2022 filings availableWave Mercantile Private Limited reported revenue of ₹37.83 Lakh (up 4% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 104% 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
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| EBITDA | ₹1.02 Lakh | ||||
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| Net Profit (PAT) | ₹68,552 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Wave Mercantile Private Limited, buy the company report.
Board of directors of Wave Mercantile Private Limited
Wave Mercantile has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmendra | Additional Director | 24 Jun 2020 | 6 Years 3 Months | Current |
| Suneel Kumar Also directs: Alps Motor Finance Limited, Channel Nine Entertainment Limited | Additional Director | 20 Jul 2021 | 5 Years 3 Months | Current |
Auditor
Wave Mercantile Private Limited is audited by SUSHIL UPADHYAY & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUSHIL UPADHYAY & ASSOCIATES | FY 2017 | 018851C |
Shareholding
The shareholding of Wave Mercantile Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Wave Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Wave Mercantile 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 Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Wave Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Wave Mercantile Private Limited has 14 board changes on record since 2009: 2 appointments and 12 cessations. The latest: Arun Kumar Das ceased to be Director on 20 Jul 2021.
5 earlier events are in the company report.
Frequently asked questions
Wave Mercantile is an active private limited company based in Delhi, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 22 November 2007 (19+ years old) and is registered under CIN U45400DL2007PTC170658.
Wave Mercantile has 2 current directors:
- Dharmendra - Additional Director
- Suneel Kumar - Additional Director
The latest financial statements of Wave Mercantile on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Wave Mercantile is U45400DL2007PTC170658. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wave Mercantile was incorporated on 22 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Arun Kumar Das ceased to be Director on 20 Jul 2021. Suneel Kumar was appointed as Additional Director on 20 Jul 2021. Dharmendra was appointed as Additional Director on 24 Jun 2020. Wave Mercantile has 14 board changes on record in total.
The registered office of Wave Mercantile is at C – 20 Top Floor Pvt No. 401 Aruna Park Laxmi Nagar, Delhi, India – 110092.
Wave Mercantile operates in the home and lifestyle industry, in the textile retail and distribution segment.
The compliance status of Wave Mercantile is compliant as of 13 July 2026. The company is actively filing with the Registrar of Companies.
Wave Mercantile can be reached at its registered office: C – 20 Top Floor Pvt No. 401 Aruna Park Laxmi Nagar, Delhi, India – 110092.