Techwave Infotech Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 16 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.92 Cr
- Satisfied Charges ₹ 5.00 Cr
- Revenue Growth 44.90%
- Profit Growth -89.27%
- Ebitda 28.35%
- Net Worth 5.47%
- Total Assets 10.66%
About Techwave Infotech
Techwave Infotech Private Limited (TIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 October 2008 and has a history of 16 years and four months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Infotech Enterprises Engineering Services Private Limited. The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹8.92 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Alluri Varma and Gummadapu Damodar serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200TG2008PTC061416
- Company No.
061416
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Oct 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
What products or services does Techwave Infotech Private Limited offer?
Techwave Infotech Private Limited offers a wide range of products and services, including BPO Operations and Services, BPO Services, Software Development & IT Consultant, Resource Management Systems, Business Planning and Management, Business Consultant.
Who are the key members and board of directors at Techwave Infotech?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gummadapu Damodar  | Director | 25-Sep-2015 | Current |
| Alluri Varma | Director | 18-Mar-2020 | Current |
Financial Performance of Techwave Infotech.
Techwave Infotech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.9% increase. The company also saw a substantial fall in profitability, with a 89.27% decrease in profit. The company's net worth moved up by a moderate rise of 5.47%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Techwave Infotech?
In 2023, Techwave Infotech had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Varma Steels Private LimitedAlluri Varma is a mutual person
Imicron Web Services Private LimitedAlluri Varma and Gummadapu Damodar are mutual person
Moschip Technologies LimitedGummadapu Damodar is a mutual person
Techwave Consulting India Private LimitedAlluri Varma and Gummadapu Damodar are mutual person
Home Tree Ventures LlpAlluri Varma is a mutual person
- Husk Global Technologies Private Limited
Alluri Varma is a mutual person
Charges (Loans)
₹89.22 M
₹50.00 M
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 8.00 Cr
- Hdfc Bank Limited : 0.92 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Apr 2023 | The Hongkong And Shanghai Banking Corporation Limited | ₹8.00 Cr | Open |
| 23 Dec 2021 | Hdfc Bank Limited | ₹3.82 M | Open |
| 22 Feb 2021 | Hdfc Bank Limited | ₹5.40 M | Open |
| 24 Mar 2022 | Hdfc Bank Limited | ₹5.00 Cr | Satisfied |
How Many Employees Work at Techwave Infotech?
Techwave Infotech has a workforce of 874 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Techwave Infotech, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Techwave Infotech's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
