Wave Solar Systems Private Limited - Due diligence report

A 360° intelligence report on Wave Solar Systems Private Limited: trust score, financial health, credit view, compliance, directors, growth …

2013-09-24 New Delhi, Delhi Active Unlisted Active Compliant
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WS Wave Solar Systems Private Limited

Wave Solar Systems Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
90/100
Trust Score
Low Risk

Wave Solar Systems Private Limited is assessed as Low Risk with a Trust Score of 90/100. Wave Solar Systems Private Limited is an active private limited indian non-government company incorporated in 2013, operating in the Environment sector. Processed financial statements are not yet available for trend analysis. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 13 Jun 2026 from the latest processed filings. Wave Solar Systems Private Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
90/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
85/100
Board strength, DIN status, churn and network.
Growth ScoreNo Data
N/A
Needs at least two filed years to measure growth.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 1 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 60/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
05

Director Intelligence

Stability score: 85/100
NameDIN / PANDesignationAppointedTenureDIN status
ATUL KUMAR GAHLAOT 01234567 Director 01/04/2018 6 yrs Approved
SANJEEV JAIN 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • 2 director exit(s) in the last 3 years.
06

Ownership & Group Intelligence

As per FY 2017 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Uppal-chadha Hi-tech Developers Private Limited
Subsidiaries
-
Group entities
-
Capital events
1 allotment(s) · 0 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Uppal-chadha Hi-tech Developers Private Limited Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth N/A · Distress 90
Growth signals & trust indicators
Operating for 12+ years.
Distress signals & risk flags
No critical warning flags detected in the available data.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence94/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment76/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view50/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 11 events
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
23 Sep 2024
Director ceased
ATUL KUMAR GAHLAOT
29 Dec 2023
Director ceased
HARMANDEEP SINGH KANDHARI
23 Dec 2023
Director appointed
ATUL KUMAR GAHLAOT (Director)
20 Aug 2022
Director ceased
SANJEEV JAIN
22 Feb 2022
Director appointed
SANJEEV JAIN (Director)
24 Sep 2016
Director ceased
RAJIV GUPTA
12 Jan 2016
Securities allotted
290000.00 Equity Shares - 29.00 Lakh raised
05 Oct 2015
Director ceased
GINNI CHADHA
24 Sep 2013
Incorporated
Registered with Roc Delhi
10

Key Observations

Auto-generated from the data above
Compliance record is strong - status, filings and flags are clean.
2 active director(s) / partner(s); board looks stable and experienced.
Promoters hold a dominant controlling stake as per the FY 2017 annual return.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Windia Green Power Private Limited U40108TN2012PTC086976 Adayar, Tamil Nadu, India
Spurt Infraways Private Limited U45201MP2008PTC020583 Bhopal, Madhya Pradesh, India
Sandlewood Hospitality Private Limited U74110DL2013PTC251482 New Delhi, Delhi, India
Tycoon Wind Energy Private Limited U14220MH2011PTC220752 Mumbai, Maharashtra, India
First Solar India Limited U40106MH2010PLC201572 Mumbai, Maharashtra, India
Padma Renewable Energy Private Limited U40101KA1997PTC022453 Bangalore, Karnataka, India
Agadh Power Transmission Private Limited U29190MH2012PTC230360 Mumbai, Maharashtra, India
Ravishakti Sunergy Private Limited U74900TG2013PTC089520 Khammam, Telangana, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Wave Solar Systems Private Limited before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Wave Solar Systems Private Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 60/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score n/a, margin trends, ownership structure and peer set for Wave Solar Systems Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 90/100, distress signals and MSME payment-delay disclosures - know whether Wave Solar Systems Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Wave Solar Systems Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Wave Solar Systems Private Limited an active company?

Wave Solar Systems Private Limited has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Wave Solar Systems Private Limited financially healthy?

Wave Solar Systems Private Limited has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.

Should I do business with Wave Solar Systems Private Limited?

Its overall Trust Score is 90/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Wave Solar Systems Private Limited?

The ultimate holding entity is Uppal-chadha Hi-tech Developers Private Limited. 2 active director(s) are on record.

Does Wave Solar Systems Private Limited have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Wave Solar Systems Private Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Wave Solar Systems Private Limited?

Its Credit Risk Score is 60/100 (Moderate). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.