Waavelite Communication Private Limited

Provides communication services through various networks and technologies, including internet and satellite.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated: December 10, 2024

Waavelite Communication Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth -51.75%
  • Profit Growth -131.67%
  • Ebitda 142.80%
  • Net Worth -18.50%
  • Total Assets 9.43%

About Waavelite Communication

Waavelite Communication Private Limited (WCPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 May 2008 and has a history of 16 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Media And Publishing 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹1.00 Cr.

Medharmithal Babu, Medaramittala Kumar, Bhaskar Srinivasa, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U64200KA2008PTC046421

  • Company No.

    046421

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 May 2008

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Media and Publishing

Who are the key members and board of directors at Waavelite Communication?

Board Members (4)

Name Designation Appointment Date Status
Medharmithal Babu Country flag representing In Director 14-May-2008 Current
Medaramittala Kumar Country flag representing In Director 14-May-2008 Current
Bhaskar Srinivasa Country flag representing In Director 02-Dec-2009 Current
Venkatamuni Bharathi Country flag representing In Additional Director 29-May-2015 Current

Financial Performance of Waavelite Communication.

Waavelite Communication Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 51.75% decrease. The company also saw a substantial fall in profitability, with a 131.67% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.5%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-51.75%
Revenue from Operations
23.70%
Total Assets
9.43%
Profit or Loss
-131.67%
Net Worth
-18.50%
EBITDA
142.80%

What is the Ownership and Shareholding Structure of Waavelite Communication?

Unlock access to Waavelite Communication's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
05 Mar 2020 Others ₹1.00 Cr Open

How Many Employees Work at Waavelite Communication?

Unlock and access historical data on people associated with Waavelite Communication, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Waavelite Communication, 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 Waavelite Communication's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Waavelite Communication

Recent activity within the organization

  • Annual General Meeting

    Waavelite Communication Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Waavelite Communication Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100331568 was registered on 05 Mar 2020.

    05 Mar 2020

  • Director Appointment

    Venkatamuni Naidu Krishnaswamy Naidu Bharathi was appointed as a Additional Director was appointed as a Additional Director on 29 May 2015 & has been associated with this company since 9 years 8 months .

    29 May 2015

  • Director Appointment

    Bhaskar Srinivasa was appointed as a Director was appointed as a Director on 02 Dec 2009 & has been associated with this company since 15 years 2 months .

    02 Dec 2009

  • Director Appointment

    Medharmithal Venkataswamy Prasad Babu was appointed as a Director was appointed as a Director on 14 May 2008 & has been associated with this company since 16 years 8 months .

    14 May 2008

Frequently asked questions

  • Waavelite Communication Private Limited was incorporated on 14 May 2008.

  • The authorized share capital of Waavelite Communication Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 4 directors are associated with Waavelite Communication Private Limited.

    • Medharmithal Venkataswamy Prasad Babu
    • Medaramittala Prasad Babu Pavan Kumar
    • Bhaskar Srinivasa
    • Venkatamuni Naidu Krishnaswamy Naidu Bharathi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Waavelite Communication Private Limited is No. 22 1St Floor Ksrtc Layout Subramanyapura Main Road, Uttarahalli India, Bangalore, Karnataka, 560061.

  • The corporate identification number (CIN) of Waavelite Communication Private Limited is U64200KA2008PTC046421 and the company number is 046421 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Waavelite Communication Private Limited is https://www.waavelite.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Waavelite Communication Private Limited has fallen by -51.75%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Waavelite Communication Private Limited has experienced an downturn of -18.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Waavelite Communication Private Limited amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for Waavelite Communication Private Limited was filed with the ROC on 31 Mar 2023.