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IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED - Company Profile

Associated Brands: iWave Systems, iWave Global
Last updated:

About IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED is a Private Limited Company and was incorporated on Sep 03, 1999 in India. It is registered at Registrar of Companies, ROC Bangalore. Its registered address is 7/B, 29TH MAIN, BTM LAYOUT,2ND STAGE, BANGALORE, 2ND STAGE, BANGALORE, Karnataka, India, 560076. Its corporate identification number is (CIN) U72100KA1999PTC025672 and its current status is Active. Its industry classification as per MCA is hardware Consultancy.[This Class Includes Consultancy On Type And Configuration Of Hardware With Or Without Associated Software Application.(Similar Activities Carried Out By Units Selling Computers Are Classified In Class 3000)]. It had a team size of 37 employees as on Oct 31, 2022.

IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED's last Annual General Meeting (AGM) was held on Sep 30, 2024 as per records from Ministry of Corporate Affairs (MCA). IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED's authorised share capital is ₹40L and its paid up capital is ₹34.6L. The current board of directors of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED comprises Abdullah Mohamedjohn Khan, Mohamed Saliya and 1 more.

IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED generated between ₹10 Cr and ₹50 Cr in revenue for the financial year ending on Mar 31, 2023.

Key Metrics
CIN
U72100KA1999PTC025672
Location
Current Status
Active
Entity Type
Private Limited Company
Date Of Incorporation
Sep 03, 1999
Company Age
26 Years 10 Months
Registrar of Companies
ROC - Bangalore
Last AGM Date
Sep 30, 2024
Latest Revenue
₹10 - ₹50 Cr as on Mar 31, 2023
Latest Employee Count
37 as on Oct 31, 2022
Authorized Capital
₹40L
Paid Up Capital
₹34.6L

Contact Details for IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

Email
*****@iwavesystems.com
Registered Address
7/B, 29TH MAIN, BTM LAYOUT,2ND STAGE, BANGALORE, 2ND STAGE, BANGALORE, Karnataka, India, 560076

Brands associated with IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

There are 2 brands associated with IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED which includes iWave Systems and iWave Global .
Name
Short Description
Founded Year
Location
Current Stage
Provider of system on modules, single board computers, and related cards
1999
Seed
Manufacturer of embedded systems, circuit boards, and telematics hardware solutions
1999
Unfunded
View more details on IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED's profile

Principal Business Activity of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

The majority of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED's turnover comes from Information and communication.
Main Activity Group Code
Description of Main Activity
Business Activity Code
Description of Business Activity
Turnover Percentage
J
Information and communication
J6
Computer programming, consultancy and related activities
lue

Auditor Details of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

Here is the list of auditors of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED:
Name
Status
Appointment Date
Cessation Date
VASANTH AND CO
pljqgsk
ucrnlil
dyklfcl

Documents of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

Filing Summary

Here is a summary of filing activity and document availability across financial years:

File Type
FY 23-24
FY 22-23
FY 21-22
FY 20-21
FY 19-20
Financial Statements
-
Annual Returns

Latest Financials, Share Allotment and Annual Report

The latest filed financial documents, annual reports, and share allotment filings are shown below:

Recent Filings

Below are the most recent filings submitted by the company:

Document Name
Category
Filing Date
List of share holders, debenture holders;
Annual Returns and Balance Sheet eForms
Mar 03, 2025
Optional attachment(s)- if any
Annual Returns and Balance Sheet eForms
Mar 03, 2025
Form MGT-7
Annual Returns and Balance Sheet eForms
Mar 03, 2025
Optional attachment(s)- if any
Annual Returns and Balance Sheet eForms
Jul 25, 2024
List of share holders, debenture holders;
Annual Returns and Balance Sheet eForms
Jul 25, 2024
Form MGT-7
Annual Returns and Balance Sheet eForms
Jul 25, 2024
Optional attachment(s)- if any
Annual Returns and Balance Sheet eForms
Jul 24, 2024
Form AOC-4
Annual Returns and Balance Sheet eForms
Jul 24, 2024
Copy of Financial Staements duly authenticated as per section 134 (Including Boards report, auditors report and other documents)
Annual Returns and Balance Sheet eForms
Jul 24, 2024
Directors report as per section 134(3)
Annual Returns and Balance Sheet eForms
Jul 24, 2024
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Financials of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED generated between ₹10 Cr and ₹50 Cr in revenue for the financial year ending on Mar 31, 2023. The revenue of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 32% in the last 1 year.

Financial Statement Summary

Metrics
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
Income Statement
Revenue
3431
7706
9986
2441
2164
Total Sales
7966
4593
8107
6642
3446
Total Expenses
5599
1528
5217
8335
8818
Operating Expenses
3958
6472
5202
9924
9778
Employee Expenses
4495
3154
9545
5353
5724
Operating Income (EBIT)
2736
8033
1340
4172
7432
Interest Expenses
1655
7114
4918
9977
7267
Expenses from other activities
3898
9971
8218
7324
3554
EBITDA
8680
6220
9786
3289
9095
Taxes
1663
6165
8694
8777
1761
Net Profit
1118
3048
4256
2835
1620
Balance Sheet
Assets
4531
2552
1351
5860
9469
Accounts Receivables
6651
9498
4165
4172
7794
Inventory
9967
9147
2853
1327
9088
Liabilities
5302
4020
1923
6810
6870
Total Debt
1613
5128
2481
2593
8043
Accounts Payable
4842
8982
5034
4305
7867
Equities
7819
2298
6677
6237
1693
To access detailed financial performance and data, Buy Financial Report

Ratios

Metrics
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
Profitability Ratios
EBITDA Margin
1543
3710
9691
1604
1595
EBIT Margin
4925
1629
8514
9487
2623
Net Profit Margin
9876
9722
7576
2978
8503
Return on Assets (ROA)
1464
2447
1247
5546
5806
Return on Equity (ROE)
2994
3372
3333
5147
1070
Return on Capital Employed
3938
8233
6744
9778
3623
Return on Invested Capital
8088
7929
6723
9511
4660
Efficiency Ratios
Asset Turnover
8239
7765
1546
8296
9079
Receivables Turnover
1586
2400
9033
6581
5639
Days Sales Outstanding
5409
5070
7610
9477
8790
Inventory Turnover
3860
5188
4580
8871
7337
Days Inventory Outstanding
4632
6236
9380
7934
7924
Payables Turnover
5891
9326
6790
6300
4336
Days Payables Outstanding
4558
3698
6082
9231
1917
Liquidity Ratios
Current Ratio
1297
8574
9111
3439
1185
Quick Ratio
6521
7446
4388
4696
3041
Debt Ratios
Debt-to-Equity Ratio
6597
5119
6949
6987
8648
Debt Ratio
1595
2470
7130
6494
9783
Interest Coverage Ratio
9502
7537
8918
6247
6340
Debt Service Coverage Ratio
8699
8959
8077
3145
7908
Net Debt/EBITDA
7626
7042
2435
9730
4374
Growth Ratios
Revenue Growth Rate (CAGR)
2559
7138
2186
1658
4268
Earnings Growth Rate (CAGR)
9631
7813
2283
6054
5135
To access detailed financial performance and data, Buy Financial Report

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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Compounded Annual Growth Rate of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

Revenue CAGR
Growth
1 Year
32%
3 Year
234
5 Year
560
EBITDA CAGR
Growth
1 Year
3%
3 Year
450
5 Year
314
Disclaimer

MSME Payment Delays by IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

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  • Payment Delays to MSME
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  • Legal Cases, Loans & Charges, Related Party Transactions
  • GST Details, GST Payment History
  • Patents, Trademarks
  • Credit Ratings

Loans and Charges on IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED has taken 3 loans.
Here is a list of loans and charges on IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED:

As a Borrower

Loan/ Charge ID
Lender Name
Loan Amount
Status
Creation Date
Closure Date
10524632
₹2.7Cr
bjqvaho
Sep 29, 2014
ybzox{h
10219296
-
₹2.75Cr
gruxrgy
May 19, 2010
zfgoqyc
10174382
-
₹17L
sqxate{
Sep 07, 2009
vmkjirm
To access detailed information on a company’s loans, borrowings, & registered charges, Buy Detailed Report

Credit Ratings of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

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credit rating information
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  • GST Details, GST Payment History
  • Patents, Trademarks

GSTIN Details of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

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  • GST Details, GST Payment History
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Latest cap tables and shareholding of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

Founders (largest shareholder) own 57.48%, Angels own 3.22% and Other People own 39.28%. The net worth of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED's founders is INR 3.98Cr as of Mar 18, 2008.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
57.48%
3.98Cr
6014981
7063069
5183420
3072133
2049174
4969035
9263563
9923085
9088169
8895419
3108649
9984604
7978139
7692499
5179212
7183066
Angel
3.22%
22.3L
858
940
261
639
511
290
898
876
655
328
Other People
39.28%
2.72Cr
2016026
6789050
5095299
1819407
Total
99.98%
6.92Cr
2667314
1218189
9066329
9199362
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer

Board of Directors and Signatories of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

Board of Directors of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

Here is the list of current board of directors of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED:
Name
Designation
Status
Appointment Date
Duration
Director
Current
Sep 03, 1999
26 Years 10 Months
Director
Current
Sep 03, 1999
26 Years 10 Months
Director
Current
Sep 03, 1999
26 Years 10 Months
To access detailed information on a company’s board members, directors, & authorized signatories, Buy Detailed Report

Signatories of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

Here is the list of current signatories of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED:
Name
Designation(s)
Status
Appointment Date
Duration
Director
Current
Sep 03, 1999
26 Years 10 Months
Director
Current
Sep 03, 1999
26 Years 10 Months
Director
Current
Sep 03, 1999
26 Years 10 Months
To access detailed information on a company’s board members, directors, & authorized signatories, Buy Detailed Report

Cross Directorships of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED has directors who also hold positions in 2 other legal entities. All are listed below:
Legal Entity Name
% of Common Directors
Common Director(s)
Open Charge(s)
Active Legal Case(s)
UNIQUE CREATIONS SOFTWARE INDIA PRIVATE LIMITED
CIN: U72900KA2017PTC100311, India, Active
868
313
239
370
EOXYS SMART SOLUTIONS PRIVATE LIMITED
CIN: U74999KA2017PTC100262, India, Active
118
823
393
386
To access detailed information on a company’s board members, directors, & authorized signatories, Buy Detailed Report

Employee Count of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED has an employee count of 37 as on Oct 31, 2022.
Employee count trend for IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED
Date
Employee Count
Oct 22
37
Aug 22
283
Jul 22
214
Jun 22
485
May 22
765
Apr 22
163
Mar 22
698

Trademarks of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

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  • Trademarks across classifications & status
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Patents of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

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  • Patents across geographies with status & grant dates
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  • Legal Cases, Loans & Charges, Related Party Transactions
  • Payment Delays to MSME
  • GST Details, GST Payment History
  • Credit Ratings, Trademarks

Competitors & Alternates of IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED

There are two brands associated with IWAVE SYSTEMS TECHNOLOGIES PRIVATE LIMITED, namely iWave Systems and iWave Global. Here is the list of the Top 10 competitors of iWave Systems ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for VeriSilicon
VeriSilicon
2001, Shanghai (China), Public
Provider of silicon platform-as-a-service which provides design solutions for SOC and SIPs
$92.3M
76/100
2nd
Logo for Omni Design Technologies
Omni Design Technologies
2015, Milpitas (United States), Series A
Ultra low power semiconductor IP cores
$69.3M
61/100
3rd
Logo for Thundersoft
Thundersoft
2008, Haidian (China), Seed
Software vendor and OEM for mobile industry
-
60/100
4th
Logo for SECO
SECO
1979, Arezzo (Italy), Public
Provider of industrial hardware, software framework, and system integration products
$12.4M
57/100
5th
Logo for Movellus
Movellus
2014, Ann Arbor (United States), Series B
Provider of a cloud-based development platform for SoCs
$37.5M
56/100
6th
Logo for Axiomtek
Axiomtek
1990, Taipei (Taiwan), Public
Manufacturer of embedded computers
-
-
48/100
7th
Logo for Kalatronics
Kalatronics
2017, Bengaluru (India), Series A
Developer of semiconductor intellectual property (IP) cores and related solutions
$7.95M
47/100
8th
Logo for SiliConch
SiliConch
2016, Bengaluru (India), Acquired
Provider of intellectual property cores for ICs
$3.34M
45/100
9th
Logo for Variscite
Variscite
2003, Lod (Israel), Unfunded
Manufacturer of System-on-module
-
-
45/100
10th
Provider of end-to-end data center solutions for AI and HPC
-
44/100
11th
Logo for iWave Systems
iWave Systems
1999, Bengaluru (India), Seed
Provider of system on modules, single board computers, and related cards
$54.7K
-
44/100
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