Techwave Infotech Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.10 M
- Company Age 16 Year, 5 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 five 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
Information Technology
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.
Techwave Infotech Private Limited
Explore comprehensive data for Techwave Infotech Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 Limited
Alluri 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)
Open Charges
₹89.22 M
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Techwave Infotech
Recent activity within the organization
- Charges
A charge registered on 24 Mar 2022 via Charge ID 100571383 with Hdfc Bank Limited was fully satisfied on 04 Jan 2024.
- Annual General Meeting
Techwave Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 80.00 M with Charge ID 100720565 was registered on 20 Apr 2023.
- Balance Sheet
Techwave Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 M with Charge ID 100571383 was registered on 24 Mar 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.82 M with Charge ID 100549215 was registered on 23 Dec 2021.
Recent News, Updates & Announcement
- thebigword Group Launches Long Term Partnership with Techwave at Digital Center of Excellence.
/PRNewswire-PRWeb/ -- Global language service provider, thebigword Group, is proud to announce a brand new partnership with global IT Solutions Company and....
- Techwave sets up CoEs in Australia and Hyderabad.
Techwave also recently developed 'Agile Survey' application for field activities and simplified the design process with many in-house automation tools..
- DATUM and TechWave Partner to Deliver Best-in-Class Data Governance Solution.
/PRNewswire/ -- DATUM, the leading provider of data governance solutions, announced the company has entered into partnership with TechWave, one of the fastest....
Frequently asked questions
What is the Incorporation or founding date of Techwave Infotech Private Limited?
Techwave Infotech Private Limited was incorporated on 15 Oct 2008.
What is authorized share capital and paid-up capital of Techwave Infotech Private Limited?
The authorized share capital of Techwave Infotech Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Techwave Infotech Private Limited?
Currently 2 directors are associated with Techwave Infotech Private Limited.
- Alluri Venkata Panindra Varma
- Gummadapu Rao Damodar
What is the registered address of Techwave Infotech Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Techwave Infotech Private Limited is House No. 1-89/3/19 Sy 62 Madhapur, India, Hyderabad, Telangana, 500081.
What is the corporate identification number (CIN) and company number of Techwave Infotech Private Limited?
The corporate identification number (CIN) of Techwave Infotech Private Limited is U72200TG2008PTC061416 and the company number is 061416 as per Ministry of Corporate Affairs (MCA).
What is the official website of Techwave Infotech Private Limited?
The Official website of Techwave Infotech Private Limited is https://www.techwave.net
What has been the recent revenue trend for Techwave Infotech Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Techwave Infotech Private Limited has risen by 44.90%.
How many employees does Techwave Infotech Private Limited currently have?
As Per 2023 financial reports, 874 employees are currently employed by Techwave Infotech Private Limited.
What change has been observed in the net worth of Techwave Infotech Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Techwave Infotech Private Limited has experienced an upsurge of 5.47%.
What are the total open charges for Techwave Infotech Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Techwave Infotech Private Limited amount to ₹ 8.92 Cr.
When was the last Balance Sheet of Techwave Infotech Private Limited filed with the ROC?
The most recent Balance Sheet for Techwave Infotech Private Limited was filed with the ROC on 31 Mar 2023.
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