Wavetech Technology Private Limited
About Wavetech Technology Private Limited
Data last updated:
Wavetech Technology Private Limited was a private limited company based in Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the data processing and IT services segment of the technology and IT services sector. It was incorporated on 25 June 2015.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72300DL2015PTC281998.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Manjit Mithilesh Pandey and Pushpa Rani.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 3564 4th Floor Near Chawri Bazar Metro Station Chwari Bazar, Delhi, India – 110042.
As per the financials filed for FY 2018, the company reported a revenue of ₹9.83 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹9.77 Lakh (net margin 99.3%) and EBITDA of ₹9.82 Lakh (EBITDA margin 99.9%).
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address3564 4th Floor Near Chawri Bazar Metro Station Chwari Bazar, Delhi, India – 110042
- IndustryInformation Technology, Data Processing
- 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 Wavetech Technology Private Limited
The main business activity of Wavetech Technology is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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.
Financials of Wavetech Technology Private Limited FY 2018 filings available
Wavetech Technology Private Limited reported revenue of ₹9.83 Lakh (up 266% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Wavetech Technology Private Limited
Revenue rose 266% in the latest year. EBITDA rose 266% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Wavetech Technology Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| 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 | ₹9.82 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.77 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 Wavetech Technology Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 99.9% | •••• | •••• |
| Net Profit Margin | 99.3% | •••• | •••• |
| 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 Wavetech Technology are in the company report.
Financial statements from FY 2016
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 Wavetech Technology Private Limited
Wavetech Technology Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Krimtel Gensease Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bhilai, Chattisgarh, India |
| Smartint Technologies India Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Webashlar Software Solution Private Limited | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Avssar Infotech Private Limited | •••• | •••• | •••• | •••• | - | Navimumbai, Maharashtra, India |
| Osrdg Technology Assets (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Wavetech Technology Private Limited this company | •••• | •••• | •••• | •••• | - | Delhi, India |
| Life Relier Infosoft Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| DKC Infotech Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Alledo Technologies Private Limited | •••• | •••• | •••• | •••• | - | Varanasi, Uttar Pradesh, India |
| Anikavi Infotech Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Schemazen Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Wavetech Technology by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Wavetech Technology Private Limited
Wavetech Technology has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjit Mithilesh Pandey | Director | 25 Jun 2015 | 11 Years 3 Months | As last reported |
| Pallavi Puja | Additional Director | 06 Aug 2018 | 8 Years 2 Months | As last reported |
| Pushpa Rani Also directs: Ngreen Grow Infratech Private Limited | Director | 25 Jun 2015 | 11 Years 3 Months | As last reported |
Charges & Borrowings of Wavetech Technology Private Limited
Wavetech Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Wavetech Technology Private Limited
Employment history and EPFO contributions of people linked to Wavetech Technology.
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 Wavetech Technology Private Limited
Wavetech Technology Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Pallavi Puja was appointed as Additional Director on 06 Aug 2018.
Credit Ratings, Litigation & Regulatory Alerts for Wavetech Technology 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 Wavetech Technology 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 Wavetech Technology 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 Wavetech Technology Private Limited
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 Wavetech Technology 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 Wavetech Technology Private Limited
Wavetech Technology has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Wavetech Technology was a private limited company based in Delhi, India. The company worked in data processing, within the information technology industry. It was incorporated on 25 June 2015 and is registered under CIN U72300DL2015PTC281998. The company has been struck off by the Registrar of Companies and is no longer operational.
Wavetech Technology had 3 directors:
- Manjit Mithilesh Pandey - Director
- Pallavi Puja - Additional Director
- Pushpa Rani - Director
The CIN (Corporate Identification Number) of Wavetech Technology is U72300DL2015PTC281998. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Wavetech Technology is at 3564 4th Floor Near Chawri Bazar Metro Station Chwari Bazar, Delhi, India – 110042.
Wavetech Technology was incorporated on 25 June 2015. It is registered with the Registrar of Companies, Delhi.
Yes, Wavetech Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Wavetech Technology reported revenue of ₹9.83 Lakh for FY 2018 (up 266% YoY).
Wavetech Technology has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Wavetech Technology reported a net profit of ₹9.77 Lakh (net margin 99.3%) and EBITDA of ₹9.82 Lakh (EBITDA margin 99.9%) for FY 2018, as per its filed financial statements.
Wavetech Technology operated in the information technology industry, in the data processing segment. It worked in this industry before it was struck off.