Waves Clothing Private Limited

Retail and online trading of men's, women's, and children's clothing and apparel.

2005 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 20, 2024

Waves Clothing Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 5.60 M
  • Company Age 19 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.40 Cr
  • Revenue Growth -50.40%
  • Profit Growth 69.64%
  • Ebitda -23.33%
  • Net Worth 14.24%
  • Total Assets -1.49%

About Waves Clothing

Waves Clothing Private Limited (WCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 August 2005 and has a history of 19 years and six months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Fashion And Textile 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 6.00 M and a paid-up capital of Rs 5.60 M.

The company currently has active open charges totaling ₹12.40 Cr.

Zachrias Fernando, Zacharaiyas Ravindran, and Jeffrie Fernando serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    wavesclothing.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51311TN2005PTC057215

  • Company No.

    057215

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Aug 2005

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Fashion and Textile

Who are the key members and board of directors at Waves Clothing?

Board Members (3)

NameDesignationAppointment DateStatus
Jeffrie Fernando Country flag representing In Additional Director 08-Mar-2024Current
Zachrias Fernando Country flag representing In Director 18-Aug-2005Current
Zacharaiyas Ravindran Country flag representing In Director 18-Aug-2005Current

Financial Performance of Waves Clothing.

Waves Clothing Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 50.4% decrease. The company also saw a substantial improvement in profitability, with a 69.64% increase in profit. The company's net worth Soared by an impressive increase of 14.24%.

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
-50.40%
Revenue from Operations
-50.37%
Total Assets
-1.49%
Profit or Loss
69.64%
Net Worth
14.24%
EBITDA
-23.33%

What is the Ownership and Shareholding Structure of Waves Clothing?

In 2021, Waves Clothing had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹124.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.75 Cr
  • Axis Bank Limited : 4.30 Cr
  • Icici Bank Limited : 1.90 Cr
  • 3I Infotech Trusteeship Services Limited : 1.00 Cr
  • Icici Bank : 0.30 Cr
  • Others : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jan 2020Others₹4.75 CrOpen
11 Sep 2015Axis Bank Limited₹1.30 CrOpen
09 Sep 2015Axis Bank Limited₹3.00 CrOpen
23 Sep 2013Icici Bank Limited₹1.90 CrOpen
09 Feb 20083I Infotech Trusteeship Services Limited₹1.00 CrOpen

How Many Employees Work at Waves Clothing?

Waves Clothing has a workforce of 52 employees as of Mar 29, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Waves Clothing, 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 Waves Clothing'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 Waves Clothing

Recent activity within the organization

  • Director Appointment

    Jeffrie Fernando was appointed as a Additional Director was appointed as a Additional Director on 08 Mar 2024 & has been associated with this company since 11 months 17 days .

    08 Mar 2024

  • Annual General Meeting

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

    29 Sep 2023

  • Balance Sheet

    Waves Clothing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 47.50 M with Charge ID 100334066 was registered on 20 Jan 2020.

    20 Jan 2020

  • Charges

    A charge with Axis Bank Limited of Rs. 30.00 M registered on 09 Sep 2015 with Charge ID 10592989 was modified on 20 Oct 2015.

    20 Oct 2015

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 13.00 M with Charge ID 10596264 was registered on 11 Sep 2015.

    11 Sep 2015

Frequently asked questions

  • Waves Clothing Private Limited was incorporated on 18 Aug 2005.

  • The authorized share capital of Waves Clothing Private Limited is ₹ 6.00 M and paid-up capital is ₹ 5.60 M.

  • Currently 3 directors are associated with Waves Clothing Private Limited.

    • Zachrias Fernando Dhanendran Fernando
    • Zacharaiyas Fernando Ravindran
    • Jeffrie Fernando
  • As per Ministry of Corporate Affairs (Mca), the registered address of Waves Clothing Private Limited is No 3004 Z Block 2Nd Street 13Th Main Road Shanthi Colony, Anna Naga R India, Chennai, Tamil Nadu, 600040.

  • The corporate identification number (CIN) of Waves Clothing Private Limited is U51311TN2005PTC057215 and the company number is 057215 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Waves Clothing Private Limited is https://www.wavesclothing.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Waves Clothing Private Limited has fallen by -50.40%.

  • As Per 2021 financial reports, 52 employees are currently employed by Waves Clothing Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Waves Clothing Private Limited has experienced an upsurge of 14.24%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Waves Clothing Private Limited amount to ₹ 12.40 Cr.

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

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