About Wavell Investments Private Limited
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Wavell Investments Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Jkm Holdings Private Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 03 April 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1972PTC015726. Its GSTIN is 27AAACW0598C1ZD (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.45 Cr. It is led by directors Suresh Jayapal Naidu and Joghee Devaraj.
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 Dubash House 15 J. N. Heredia Marg Ballard Estate, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.91 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.84 Lakh (net margin 0.6%) and EBITDA of ₹9.76 Lakh (EBITDA margin 2%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 8% over five years.
The company has about 22 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹302.5 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it. The company has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹2.39 Cr; the latest was in March 2016.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wavell.in.
Company details
Contact details
Wavell Investments Private Limited's registered office is in Mumbai, Maharashtra. Its website is wavell.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDubash House 15 J. N. Heredia Marg Ballard Estate, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Wavell Investments 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 Wavell Investments is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Wavell Investments Private Limited, buy the company report.
Financials of Wavell Investments Private Limited
FY 2025 filings availableWavell Investments Private Limited reported revenue of ₹4.91 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 248% 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 | ₹9.76 Lakh | ||||
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| Net Profit (PAT) | ₹2.84 Lakh | ||||
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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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| EBITDA Margin | 2% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Wavell Investments Private Limited, buy the company report.
Board of directors of Wavell Investments Private Limited
Wavell Investments has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Jayapal Naidu Also directs: Utm Blockchain LLP, Western Remedies Private Limited, Christine Hoden (India) Private Limited and 5 more | Director | 06 Sep 2015 | 11 Years 2 Months | Current |
| Joghee Devaraj | Director | 13 Sep 2024 | 2 Years 1 Months | Current |
Auditor
Wavell Investments Private Limited is audited by SIRSALEWALA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIRSALEWALA & ASSOCIATES | FY 2022 | 116963W |
Shareholding
The shareholding of Wavell Investments Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Wavell Investments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2018 | 100174400 | Others | ₹100 Cr | Satisfied | |
| 28 Mar 2016 | 100022254 | Others | ₹67 Cr | Satisfied | |
| 28 Mar 2016 | 100022260 | Others | ₹68 Cr | Satisfied | |
| 23 Mar 2015 | 10562902 | Others | ₹48 Cr | Satisfied | |
| 24 Mar 2013 | 10418994 | Religare Finvest Limited | ₹19.5 Cr | Satisfied |
To see the full charge records of Wavell Investments Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Wavell Investments Private Limited has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹2.39 Cr; the latest was in March 2016.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Rights issue | ₹48 Lakh | Investors: JKM Holdings Private Limited |
| Dec 2014 | Funding round | ₹2.15 Cr | Investors: Airoplast Private Limited |
| Mar 2011 | Funding round | ₹18.6 Lakh | Investors: an individual |
| Oct 2009 | Secondary share transfer | Undisclosed | Buyer: JKM Holdings Private Limited , Primella Sanitary Products Private Limited Seller: Vita Private Limited |
| Mar 2009 | Funding round | ₹5.5 Lakh | Investors: JKM Holdings Private Limited , Chirstine Hoden India Private Limited, an individual |
To see the full deal history of Wavell Investments 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
Wavell Investments Private Limited has 5 court cases on record: 4 filed by Wavell Investments, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Il&Fs Financial Services Limited | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Il and FS Financial Services Limited (Ifin) and 4 Ors. and 2 others | Disposed |
| District court, New Delhi, Delhi | Court case (HTA) | Filed by the company against an individual | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against New Dlehi Municipal Council & Ors | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Ors. | Disposed |
To see the full case history of Wavell Investments 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 Wavell Investments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Wavell Investments has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Pramilla Estates Private Limited | U85110KA1995PTC016886 |
To see the full group structure of Wavell Investments Private Limited, buy the company report.
Employees & EPFO
Wavell Investments Private Limited has a workforce of 22 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Wavell Investments has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW0598C1ZD | Maharashtra | Active | 21 Nov 2018 |
| 29AAACW0598C1Z9 | Karnataka | Active | 21 Nov 2018 |
To see the full GST registrations and return filing status of Wavell Investments Private Limited, buy the company report.
Recent activity
Wavell Investments Private Limited has 10 board changes on record since 1972: 6 appointments and 4 cessations. The latest: Dhananjaya Rai Keri ceased to be Director on 13 Sep 2024.
14 earlier events are in the company report.
Frequently asked questions
Wavell Investments is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 03 April 1972 (54+ years old) and is registered under CIN U65990MH1972PTC015726.
Wavell Investments has 2 current directors:
- Suresh Jayapal Naidu - Director
- Joghee Devaraj - Director
The latest financial statements of Wavell Investments on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Wavell Investments is 27AAACW0598C1ZD, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAACW0598C1Z9 (Karnataka).
The CIN (Corporate Identification Number) of Wavell Investments is U65990MH1972PTC015726. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wavell Investments has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the high courts.
Wavell Investments was incorporated on 03 April 1972, making it 54+ years old. It is registered with the Registrar of Companies, Mumbai.
Wavell Investments has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹2.39 Cr; the latest was in March 2016.
Dhananjaya Rai Keri ceased to be Director on 13 Sep 2024. Joghee Devaraj was appointed as Director on 13 Sep 2024. Barota Jayantkumar Malhoutra ceased to be Director on 06 Mar 2019. Wavell Investments has 10 board changes on record in total.
Wavell Investments can be reached through the website wavell.in. Its registered office is in Mumbai, Maharashtra, India.
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