Waves Internet Private Limited
About Waves Internet Private Limited
Data last updated:
Waves Internet Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC118850. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.16 Lakh. It is led by directors Subodh Bhanudas Kolhe and Firasat Ali Durrani.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at E1002 Purva Fountain Square Marathahalli No. 23 & 24 Munnekolal, Bengaluru, Karnataka, India – 560037.
As per the financials filed for FY 2020, the company reported a revenue of ₹11.9 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.47 Cr and EBITDA of -₹4.43 Cr.
The company is associated with 1 brand: Awaaz. The company has 1 deal on record (1 funding round), with disclosed funding of ₹5.6 Cr; the latest was in January 2019.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressE1002 Purva Fountain Square Marathahalli No. 23 & 24 Munnekolal, Bengaluru, Karnataka, India – 560037
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Associated Brands with Waves Internet Private Limited
Waves Internet operates one associated brand: Awaaz. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| App-based news portal focused on Uttar Pradesh trends is provided. | awaaz.live |
Financials of Waves Internet Private Limited FY 2020 filings available
Waves Internet Private Limited reported revenue of ₹11.9 Lakh (up 1572% YoY) for FY 2020.
Financial Statement Summary of Waves Internet Private Limited
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹11.9 Lakh | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | -₹4.43 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹4.47 Cr | •••• |
| 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 of Waves Internet Private Limited
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | •••• | •••• |
| Net Profit Margin | •••• | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Waves Internet are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Waves Internet Private Limited
Waves Internet has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subodh Bhanudas Kolhe | Director | 27 Nov 2018 | 7 Years 10 Months | Current |
| Firasat Ali Durrani | Director | 27 Nov 2018 | 7 Years 10 Months | Current |
Auditor Details of Waves Internet Private Limited
Waves Internet Private Limited is audited by S DUTTA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S DUTTA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Waves Internet Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Waves Internet Private Limited
Waves Internet Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Waves Internet Private Limited
Waves Internet Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹5.6 Cr; the latest was in January 2019.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2019 | Funding round · Seed | ₹5.6 Cr | Investors: Z47 (Matrix Partners India) |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Waves Internet Private Limited
Employment history and EPFO contributions of people linked to Waves Internet.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Waves Internet Private Limited
Waves Internet Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Firasat Ali Durrani was appointed as Director on 27 Nov 2018.
Credit Ratings, Litigation & Regulatory Alerts for Waves Internet Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Waves Internet Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Waves Internet Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Waves Internet Private Limited
Waves Internet has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Waves Internet Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Waves Internet Private Limited
Waves Internet is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 November 2018 (8+ years old) and is registered under CIN U74999KA2018PTC118850.
Waves Internet reported revenue of ₹11.9 Lakh for FY 2020 (up 1572% YoY).
Waves Internet has 2 current directors:
- Subodh Bhanudas Kolhe - Director
- Firasat Ali Durrani - Director
Waves Internet reported a net loss of ₹4.47 Cr and EBITDA of -₹4.43 Cr for FY 2020, as per its filed financial statements.
No. Waves Internet has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Waves Internet is U74999KA2018PTC118850. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Waves Internet was incorporated on 27 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Waves Internet has 1 deal on record (1 funding round), with disclosed funding of ₹5.6 Cr; the latest was in January 2019.
Firasat Ali Durrani was appointed as Director on 27 Nov 2018. Subodh Bhanudas Kolhe was appointed as Director on 27 Nov 2018.
The registered office of Waves Internet is at E1002 Purva Fountain Square Marathahalli No. 23 & 24 Munnekolal, Bengaluru, Karnataka, India – 560037.