Wavecurrent Precision Parts Private Limited - Company Profile

It is a automotive private limited company based in Chennai, Tamil Nadu, India, established in 1995.
1995 Chennai, Tamil Nadu, India Active
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About Wavecurrent Precision Parts Private Limited

Wavecurrent Precision Parts Private Limited, a active private limited company, was established on 29 June 1995 in Chennai, Tamil Nadu, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U30007TN1995PTC032070. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹1.75 Cr.

Formerly known as Wavecurrent Precision Parts Limited, Wave Current Automotive Limited. It upholds a compliant status. Employing 11 professional, Its leadership includes Rekha Ashok (Director), Ashok Chengama Sankaran (Director), Veluru Parthasarathy Rajeswari (Director). Past directors included Veluru Kannamma Parthasarathy, Rekha Ashok, Veluru Parthsarthy Mohan. It holds ₹7.05 Cr open charges and ₹4.10 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at No.177, Sidco Industrial Estate, Ambattur,, Chennai, Tamil Nadu, 600098.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U30007TN1995PTC032070

  • Registration Number

    032070

  • Incorporation Date

    29 June 1995

  • Authorized Capital

    ₹6.00 Cr

  • Paid-Up Capital

    ₹1.75 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 1.75 Cr
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 7.05 Cr
  • Satisfied Charges ₹ 4.10 Cr
  • Revenue Growth **** 72.02%
  • Profit Growth **** 386.55%
  • Ebitda **** 137.36%
  • Net Worth 1.17%
  • Total Assets **** 6.89%
Company report

Wavecurrent Precision Parts Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Wavecurrent Precision Parts Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Wavecurrent Precision Parts Private Limited?
Current Directors
Name Designation Appointment Date Status
Rekha Ashok Director 30 Nov 2020 Current
Ashok Chengama Sankaran Director 30 Nov 2020 Current
Veluru Parthasarathy Rajeswari Director 19 Feb 1997 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 14 Nov 2020 Past
Pramod Abcsdd Additional Director 31 Dec 2020 Past
Pramod Abcsdd Whole-Time Director 25 Aug 2021 Past
Pramod Abcsdd Additional Director 31 Dec 2020 Past

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Financial Performance of Wavecurrent Precision Parts.

Wavecurrent Precision Parts Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 72.02% increase. The company also saw a substantial improvement in profitability, with a 386.55% increase in profit. The company's net worth moved up by a moderate rise of 1.17%.

Wavecurrent Precision Parts revenue growth over time
Wavecurrent Precision Parts profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 72.02%
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Revenue from Operations
*******
 76.47%
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*******
*******
Total Assets
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 6.89%
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*******
*******
*******
Profit or Loss
*******
 386.55%
*******
*******
*******
*******
Net Worth
*******
 1.17%
*******
*******
*******
*******
EBITDA
*******
 137.36%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Wavecurrent Precision Parts?

Unlock access to Wavecurrent Precision Parts's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹70,546,998.00

Satisfied Charges

₹41,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 5.52 Cr
  • Axis Bank Limited : 1.35 Cr
  • Hdfc Bank Limited : 0.19 Cr
Latest Charge Details
Date Lender Amount Status
24 Apr 2024 Others ₹4.80 Cr Open
18 Mar 2024 Others ₹6.89 M Open
20 Feb 2024 Others ₹0.30 M Open
09 May 2023 Axis Bank Limited ₹2.00 M Open
28 Oct 2021 Hdfc Bank Limited ₹1.91 M Open

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How Many Employees Work at Wavecurrent Precision Parts?

Wavecurrent Precision Parts has a workforce of 11 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Wavecurrent Precision Parts, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Wavecurrent Precision Parts's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Wavecurrent Precision Parts
Recent Activity within the Organization
  • Annual General Meeting

    Wavecurrent Precision Parts Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Charges

    A charge with Others of Rs. 4.80 Cr registered on 24 Apr 2024 with Charge ID 100907572 was modified on 10 Jul 2025. was recorded as a recent event.

  • Balance Sheet

    Wavecurrent Precision Parts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 4.80 Cr with Charge ID 100907572 was registered on 24 Apr 2024. was recorded as a recent event.

  • Charges

    A charge registered on 07 Dec 2022 via Charge ID 100649677 with Others was fully satisfied on 12 Apr 2024. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 0.69 Cr with Charge ID 100963295 was registered on 18 Mar 2024. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Wavecurrent Precision Parts Private Limited?

The CIN of Wavecurrent Precision Parts Private Limited is U30007TN1995PTC032070.

Where is Wavecurrent Precision Parts Private Limited headquartered?

Wavecurrent Precision Parts Private Limited is headquartered at No.177, Sidco Industrial Estate, Ambattur,, Chennai, Tamil Nadu, 600098.

When was Wavecurrent Precision Parts Private Limited incorporated?

Wavecurrent Precision Parts Private Limited was incorporated on 29 June 1995.

Who are the current directors of Wavecurrent Precision Parts Private Limited?

The current directors of Wavecurrent Precision Parts Private Limited are

What is the primary industry of Wavecurrent Precision Parts Private Limited?

The primary industry of Wavecurrent Precision Parts Private Limited is Manufacturing.

Is Wavecurrent Precision Parts Private Limited a listed company?

Wavecurrent Precision Parts Private Limited is unlisted.

What is the capital structure of Wavecurrent Precision Parts Private Limited?

The authorized capital of Wavecurrent Precision Parts Private Limited is ₹6.00 Cr, and the paid-up capital is ₹1.75 Cr.

What is the compliance status of Wavecurrent Precision Parts Private Limited?

The compliance status of Wavecurrent Precision Parts Private Limited is Compliant.

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