Wavetex Medichem Private Limited
About Wavetex Medichem Private Limited
Data last updated:
Wavetex Medichem Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 10 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21000GJ2009PTC057222. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹13.56 Lakh. It was formerly known as Wavetex Fashion Private Limited. It is led by directors including Vinaykumar Roshanlal Jain and Vivek Vinaykumar Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 137 Ff New Cloth Market Raipur, Ahmedabad, Gujarat, India – 380001.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.98 Cr, a decline of 77% compared to the previous year. For the same year it recorded a net profit of ₹6.15 Lakh (net margin 0.6%) and EBITDA of ₹14.23 Lakh (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 640% over three years and 227% over five years.
As per MCA filings, the company has open charges of ₹3.75 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Wavetex Medichem has undergone 2 name changes throughout its history. The company was previously known as Wavetex Fashion Private Limited, and Wavetex Medichem Private Limited. The current legal name is Wavetex Medichem Private Limited.
| Company Name | Status |
|---|---|
| Wavetex Medichem Private Limited | Current |
| Wavetex Fashion Private Limited | Previous |
CIN history
Wavetex Medichem has one previous CIN (Corporate Identification Number): U17120GJ2009PTC057222. The current CIN is U21000GJ2009PTC057222, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21000GJ2009PTC057222 | Current |
| U17120GJ2009PTC057222 | Previous |
Contact details
Wavetex Medichem Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered Address137 Ff New Cloth Market Raipur, Ahmedabad, Gujarat, India – 380001
- IndustryManufacturing, Textile & Fabric Production
- 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
Business activity
The main business activity of Wavetex Medichem is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Wavetex Medichem Private Limited, buy the company report.
Financials of Wavetex Medichem Private Limited
FY 2024 filings availableWavetex Medichem Private Limited reported revenue of ₹9.98 Cr (down 77% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 77% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 227%. EBITDA fell 35% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹14.23 Lakh | ||||
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| Net Profit (PAT) | ₹6.15 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Wavetex Medichem Private Limited, buy the company report.
Board of directors of Wavetex Medichem Private Limited
Wavetex Medichem has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinaykumar Roshanlal Jain | Director | 02 Apr 2022 | 4 Years 6 Months | Current |
| Vivek Vinaykumar Jain Also directs: Stanza Buildspace LLP, Tirupati Agrotech Private Limited, Wavetex Fabrics Pvt Ltd and 5 more | Director | 15 Nov 2009 | 16 Years 11 Months | Current |
| Ayushi Vinaykumar Jain Also directs: Wavetex Fabrics Pvt Ltd, Vreetika Fashions Private Limited, RLV Organisers Private Limited and 3 more | Director | 01 Apr 2017 | 9 Years 6 Months | Current |
Peer comparison
Wavetex Medichem Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kedar Cotspin Private Limited | ₹9.98 Cr (FY 2025) | 30.0% | Ahmedabad, Gujarat, India | |||
| Kanodia Texofab Private Limited | ₹9.98 Cr (FY 2019) | -13.0% | Kolkata, West Bengal, India | |||
| Wavetex Medichem Private Limitedthis company | ₹9.98 Cr (FY 2024) | ₹6.15 Lakh | 0.6% | -77.0% | Ahmedabad, Gujarat, India | |
| Global Silk Mills Private Limited | ₹9.98 Cr (FY 2024) | 22.0% | Surat, Gujarat, India | |||
| Silvertraq International Private Limited | ₹9.98 Cr (FY 2025) | 104.0% | Mumbai, Maharashtra, India | |||
| Monicacot Mills Private Limited | ₹9.98 Cr (FY 2025) | 0.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Wavetex Medichem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Aug 2009 | 10253746 | Stat Bank of India | ₹3.75 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Wavetex Medichem Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Wavetex Medichem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wavetex Medichem has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Wavetex Medichem Private Limited, buy the company report.
Recent activity
Wavetex Medichem Private Limited has 9 board changes on record since 2009: 3 appointments and 6 cessations. The latest: Vinaykumar Roshanlal Jain was appointed as Director on 02 Apr 2022.
1 earlier event is in the company report.
Frequently asked questions
Wavetex Medichem is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 10 June 2009 (17+ years old) and is registered under CIN U21000GJ2009PTC057222.
Wavetex Medichem has 3 current directors:
- Vinaykumar Roshanlal Jain - Director
- Vivek Vinaykumar Jain - Director
- Ayushi Vinaykumar Jain - Director
The latest financial statements of Wavetex Medichem on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Wavetex Medichem has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Wavetex Medichem is U21000GJ2009PTC057222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wavetex Medichem was incorporated on 10 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Wavetex Medichem by revenue are Kedar Cotspin Private Limited, Kanodia Texofab Private Limited, Global Silk Mills Private Limited, Silvertraq International Private Limited, Monicacot Mills Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (wholesale trading).
Vinaykumar Roshanlal Jain was appointed as Director on 02 Apr 2022. Himaben Shrenik Vimawala ceased to be Director on 29 Mar 2022. Vivek Vinaykumar Jain ceased to be Additional Director on 23 Feb 2022. Wavetex Medichem has 9 board changes on record in total.
The registered office of Wavetex Medichem is at 137 Ff New Cloth Market Raipur, Ahmedabad, Gujarat, India – 380001.
Wavetex Medichem operates in the manufacturing industry, in the textile and fabric production segment.
Wavetex Medichem has open charges of ₹3.75 Cr and no satisfied charges on record as per latest MCA filings.
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