Wavesquare Technologies Private Limited
About Wavesquare Technologies Private Limited
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Wavesquare Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the diversified business activities segment of the business services sector. It was incorporated on 16 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2020PTC133391. Its GSTIN is 29AACCW6278R1Z7 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Balakrishnan Sumathi and Sivakumar Suganya.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 204 Asritha Galaxy Ist C Main Road Agara Post Hsr Layout, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2022, the company reported a revenue of ₹32.04 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹62,208 (net margin -1.9%) and EBITDA of -₹57,495 (EBITDA margin -1.8%).
The company is associated with 1 brand: Wave Square Technologies.
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- Registered Address204 Asritha Galaxy Ist C Main Road Agara Post Hsr Layout, Bangalore, Karnataka, India – 560034
- IndustryBusiness Services, Miscellaneous Business Activities, Other 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 Wavesquare Technologies Private Limited
Wavesquare Technologies operates one associated brand: Wave Square Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in designing and manufacturing advanced home appliances and electrical solutions. | wavesquaretech.com |
Competitors & Alternatives of Wavesquare Technologies Private Limited
Brands and companies operating in the same space as Wavesquare Technologies Private Limited include SFO Technologies, Kaynes Technology, Dixon Technologies and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 SFO Technologies | Provider of ODM plus solutions for diverse industries | Kochi, India | 1990 |
 Kaynes Technology | Integrated electronics manufacturing and IoT solutions are delivered across industries. | Mysuru, India | 2008 |
 Dixon Technologies | Electronics manufacturing services are provided for consumer and home products. | Noida, India | 1993 |
 VVDN | Software, product engineering, and electronic manufacturing services are provided. | Gurugram, India | 2007 |
 TT Electronics | Manufacturer of automotive parts | Woking, United Kingdom | 1812 |
 TTM Technologies | PCBs and electro-mechanical components are developed for product assembly. | Santa Ana, United States | 1998 |
 Syrma SGS | Electronics design, prototyping, PCB assembly, and testing services are provided. | Chennai, India | 2004 |
 FW Thorpe | Interior and exterior lighting systems are manufactured and designed. | Redditch, United Kingdom | 1936 |
 Oakter | Electronic contract manufacturing and design services are offered. | Noida, India | 2014 |
Business Activity of Wavesquare Technologies Private Limited
The main business activity of Wavesquare Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | 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.
Board of Directors of Wavesquare Technologies Private Limited
Wavesquare Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balakrishnan Sumathi | Director | 16 Mar 2020 | 6 Years 6 Months | Current |
| Sivakumar Suganya | Director | 16 Mar 2020 | 6 Years 6 Months | Current |
Financials of Wavesquare Technologies Private Limited FY 2023 filings available
Wavesquare Technologies Private Limited reported revenue of ₹32.04 Lakh (down 18% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Wavesquare Technologies Private Limited
Revenue fell 18% in the latest year. EBITDA fell 103% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Wavesquare Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹32.04 Lakh | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹57,495 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹62,208 | •••• | •••• |
| 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 Wavesquare Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -1.8% | •••• | •••• |
| Net Profit Margin | -1.9% | •••• | •••• |
| 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 Wavesquare 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.
Ownership and Shareholding of Wavesquare 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 Wavesquare Technologies Private Limited
Wavesquare Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Wavesquare Technologies Private Limited
Employment history and EPFO contributions of people linked to Wavesquare 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.
GST Compliance of Wavesquare Technologies Private Limited
Wavesquare Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCW6278R1Z7 | Karnataka | Active | 31 Mar 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.
Credit Ratings, Litigation & Regulatory Alerts for Wavesquare 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 Wavesquare 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 Wavesquare 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.
MCA Filings & Documents of Wavesquare 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.
Recent Activity on Wavesquare Technologies Private Limited
Frequently Asked Questions about Wavesquare Technologies Private Limited
Wavesquare Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 16 March 2020 (6+ years old) and is registered under CIN U74999KA2020PTC133391.
Wavesquare Technologies reported revenue of ₹32.04 Lakh for FY 2022 (down 18% YoY).
Wavesquare Technologies has 2 current directors:
- Balakrishnan Sumathi - Director
- Sivakumar Suganya - Director
Wavesquare Technologies reported a net loss of ₹62,208 (net margin -1.9%) and EBITDA of -₹57,495 (EBITDA margin -1.8%) for FY 2022, as per its filed financial statements.
The GSTIN of Wavesquare Technologies is 29AACCW6278R1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Wavesquare Technologies is U74999KA2020PTC133391. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wavesquare Technologies was incorporated on 16 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Yes, Wavesquare Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Wavesquare Technologies is at 204 Asritha Galaxy Ist C Main Road Agara Post Hsr Layout, Bangalore, Karnataka, India – 560034.