Wavenet Technologies Private Limited

Wavenet Technologies Private Limited - information technology in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U72501MH2019PTC322945 Incorporated 25 March 2019 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology
Revenue · FY 2024
₹1.31 Cr
▼ 13% YoY
Net profit · FY 2024
₹82,142
Net margin 0.6%
EBITDA · FY 2024
₹2.14 Lakh
EBITDA margin 1.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Brands
1
Associated brands

About Wavenet Technologies Private Limited

Data last updated:

Wavenet Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 March 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72501MH2019PTC322945.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Divya Sarda and Nilesh Rander.

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 Sh A – 4 A Wing Jal Kirti Apartment Jayraj Ngr Nr Don Bosco School, Mumbai, Maharashtra, India – 400091.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.31 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹82,142 (net margin 0.6%) and EBITDA of ₹2.14 Lakh (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.

The company is associated with 1 brand: Wavenet Solutions.

Company details

CIN U72501MH2019PTC322945
Registration Number 322945
Incorporation Date 25 March 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active

Contact details

Wavenet Technologies Private Limited's registered office is in Mumbai, Maharashtra.

  • Registered Address
    Sh A – 4 A Wing Jal Kirti Apartment Jayraj Ngr Nr Don Bosco School, Mumbai, Maharashtra, India – 400091
  • Industry
    Information Technology, IT Consulting & Support Services
Comprehensive company report
Wavenet Technologies 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

Wavenet Technologies operates one associated brand: Wavenet Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
Provides AI-powered solutions for the BFSI sector, including cognitive automation and tailored experiences.wavenetsolutions.in

Business activity

The main business activity of Wavenet Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Wavenet Technologies Private Limited, buy the company report.

Financials of Wavenet Technologies Private Limited

FY 2025 filings available

Wavenet Technologies Private Limited reported revenue of ₹1.31 Cr (down 13% YoY) for FY 2024.

Revenue · FY 2024
₹1.31 Cr ▼ 13%
Net profit · FY 2024
₹82,142 margin 0.6%
EBITDA · FY 2024
₹2.14 Lakh margin 1.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 32%

Revenue fell 13% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 19% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.14 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹82,142
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin1.6%
Net Profit Margin0.6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Wavenet Technologies Private Limited, buy the company report.

Board of directors of Wavenet Technologies Private Limited

Wavenet Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Divya SardaDirector18 Mar 20215 Years 7 MonthsCurrent
Nilesh RanderDirector03 Jun 20233 Years 5 MonthsCurrent

Peer comparison

Wavenet Technologies Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Caprice Cloud Solutions Private Limited₹1.31 Cr (FY 2024)2.0%Coimbatore, Tamil Nadu, India
Continental Automation Systems Private Limited₹1.31 Cr (FY 2024)-25.0%New Delhi, Delhi, India
Wavenet Technologies Private Limitedthis company₹1.31 Cr (FY 2024)₹82,1420.6%-13.0%Mumbai, Maharashtra, India
Anmeda Systems Private Limited₹1.31 Cr (FY 2025)54.0%Bangalore, Karnataka, India
Techtuners Software Services Private Limited₹1.3 Cr (FY 2024)-3.0%Hyderabad, Telangana, India

To see the full peer comparison of Wavenet Technologies Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Wavenet Technologies 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 Wavenet Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Wavenet Technologies Private Limited has 5 board changes on record since 2021: 2 appointments and 3 cessations. The latest: Gopal ceased to be Director on 03 Jun 2023.

AGM
Wavenet Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Wavenet Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Gopal ceased to be Director.
Appointed
Nilesh Rander was appointed as Director.
Ceased
Divya Sarda ceased to be Additional Director.
Appointed
Divya Sarda was appointed as Director.
Ceased
Prateek Baldwa Kumar ceased to be Director.
Incorporation
25 Mar 2019
Wavenet Technologies Private Limited was registered on 25 Mar 2019 with Roc Mumbai I & aged 7 years 7 months as per MCA records.

Frequently asked questions

Wavenet Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 25 March 2019 (7+ years old) and is registered under CIN U72501MH2019PTC322945.

Wavenet Technologies has 2 current directors:

The latest financial statements of Wavenet Technologies 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 FY 2019 are in the company report.

The CIN (Corporate Identification Number) of Wavenet Technologies is U72501MH2019PTC322945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Wavenet Technologies was incorporated on 25 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Wavenet Technologies by revenue are Caprice Cloud Solutions Private Limited, Continental Automation Systems Private Limited, Anmeda Systems Private Limited, Techtuners Software Services Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).

Gopal ceased to be Director on 03 Jun 2023. Nilesh Rander was appointed as Director on 03 Jun 2023. Divya Sarda ceased to be Additional Director on 30 Nov 2021. Wavenet Technologies has 5 board changes on record in total.

The registered office of Wavenet Technologies is at Sh A – 4 A Wing Jal Kirti Apartment Jayraj Ngr Nr Don Bosco School, Mumbai, Maharashtra, India – 400091.

Wavenet Technologies operates in the information technology industry, in the IT consulting and support services segment.

Wavenet Technologies has 1 associated brand: Wavenet Solutions.

Wavenet Technologies can be reached at its registered office: Sh A – 4 A Wing Jal Kirti Apartment Jayraj Ngr Nr Don Bosco School, Mumbai, Maharashtra, India – 400091.