Waveslight Technologies Private Limited
About Waveslight Technologies Private Limited
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Waveslight Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 31 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019PTC131145. Its GSTIN is 29AACCW5772G1ZX (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nagaraj Bakka Dileep and Thammannagowda Jayasurya.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.53 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.4 Lakh (net margin 1%) and EBITDA of ₹4.6 Lakh (EBITDA margin 1.3%). Revenue has grown at a compounded annual rate (CAGR) of 539% over five years.
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- Registered AddressBootstart Cowork No 51 2nd Floor, Desk No.55 Aecs Layout Sanjay Nagar Main Road, Bangalore, Karnataka, India – 560094
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Business Activity of Waveslight Technologies Private Limited
The main business activity of Waveslight Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Waveslight Technologies Private Limited FY 2025 filings available
Waveslight Technologies Private Limited reported revenue of ₹3.53 Cr (up 1277% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Waveslight Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 539% over five years. EBITDA rose 271% 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 of Waveslight Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹4.6 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.4 Lakh | •••• | •••• | •••• | •••• |
| 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 Waveslight Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• | •••• |
| 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 Waveslight Technologies are in the company report.
Financial statements from FY 2020
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.
Peer Comparison of Waveslight Technologies Private Limited
Waveslight Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mannit Technolabs Private Limited | ₹3.54 Cr (FY 2023) | •••• | •••• | 21.0% | •••• | Chennai, Tamil Nadu, India |
| Savvysouls Soft Lab Private Limited | ₹3.54 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Patna, Bihar, India |
| Unikul Solutions Private Limited | ₹3.54 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Baleshwar Sadar, Odisha, India |
| Krixi Information Technology Solutions Private Limited | ₹3.54 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Pune, Maharashtra, India |
| Wozo Gaming Private Limited | ₹3.54 Cr (FY 2024) | •••• | •••• | 68.0% | •••• | East Patel Nagar, Delhi, India |
| Waveslight Technologies Private Limited this company | ₹3.53 Cr (FY 2025) | •••• | •••• | 1277.0% | •••• | Bangalore, Karnataka, India |
| Success Information System Private Limited | ₹3.52 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Vapi, Gujarat, India |
| Everyulb Technologies Private Limited | ₹3.51 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Bhubaneswar, Odisha, India |
| Uxarmy Software Private Limited | ₹3.51 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Jaipur, Rajasthan, India |
| Techsmith Software Private Limited | ₹3.51 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Ernakulam, Kerala, India |
| N2k Info Systems Private Limited | ₹3.51 Cr (FY 2021) | •••• | •••• | -45.0% | •••• | Vijayawada, Andhra Pradesh, India |
Peers are the five companies nearest above and the five nearest below Waveslight Technologies by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Waveslight Technologies Private Limited
Waveslight Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagaraj Bakka Dileep | Director | 31 Dec 2019 | 6 Years 9 Months | Current |
| Thammannagowda Jayasurya | Director | 06 Dec 2021 | 4 Years 10 Months | Current |
| Nagaraghatta Lakshmikanth Rajaneesh | Additional Director | 06 Dec 2021 | 4 Years 10 Months | Current |
Ownership and Shareholding of Waveslight Technologies 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 Waveslight Technologies Private Limited
Waveslight Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Waveslight Technologies Private Limited
Employment history and EPFO contributions of people linked to Waveslight Technologies.
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 Waveslight Technologies Private Limited
Waveslight Technologies Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Thammannagowda Jayasurya ceased to be Additional Director on 29 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Waveslight Technologies 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 Waveslight Technologies 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 Waveslight Technologies 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 Waveslight Technologies Private Limited
Waveslight Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCW5772G1ZX | Karnataka | Active | 08 Jun 2020 |
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 Waveslight Technologies 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 Waveslight Technologies Private Limited
Waveslight Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 31 December 2019 (7+ years old) and is registered under CIN U72900KA2019PTC131145.
Waveslight Technologies reported revenue of ₹3.53 Cr for FY 2025 (up 1277% YoY).
Waveslight Technologies has 3 current directors:
- Nagaraj Bakka Dileep - Director
- Thammannagowda Jayasurya - Director
- Nagaraghatta Lakshmikanth Rajaneesh - Additional Director
Waveslight Technologies reported a net profit of ₹3.4 Lakh (net margin 1%) and EBITDA of ₹4.6 Lakh (EBITDA margin 1.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Waveslight Technologies is 539% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Waveslight Technologies is 29AACCW5772G1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Waveslight Technologies is U72900KA2019PTC131145. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Waveslight Technologies was incorporated on 31 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Waveslight Technologies by revenue are Mannit Technolabs Private Limited, Savvysouls Soft Lab Private Limited, Unikul Solutions Private Limited, Krixi Information Technology Solutions Private Limited, Wozo Gaming Private Limited and 5 more, all in the Information Technology industry (Application Development).
Thammannagowda Jayasurya ceased to be Additional Director on 29 Sep 2022. Geeta Sadashiv Reddy ceased to be Director on 13 Dec 2021. Nagaraghatta Lakshmikanth Rajaneesh was appointed as Additional Director on 06 Dec 2021. Waveslight Technologies has 5 board changes on record in total.
The registered office of Waveslight Technologies is at Bootstart Cowork No 51 2nd Floor, Desk No.55 Aecs Layout Sanjay Nagar Main Road, Bangalore, Karnataka, India – 560094.