Waves Hotels And Estates Pvt Ltd

Luxury hotel chain with locations in Jodhpur, Jaipur, and Mumbai.

1984 | Mumbai, Maharashtra (India) | Active
Last Updated: January 02, 2025

Waves Hotels And Estates Profile

Key Indicators

  • Authorised Capital ₹ 35.00 Cr
  • Paid Up Capital ₹ 33.00 Cr
  • Company Age 40 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 392.70 Cr
  • Satisfied Charges ₹ 370.21 Cr
  • Revenue Growth 130.73%
  • Profit Growth 80.82%
  • Ebitda 1984.21%
  • Net Worth -25.68%
  • Total Assets 6.10%

About Waves Hotels And Estates

Waves Hotels And Estates Pvt Ltd (WHAEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 June 1984 and has a history of 40 years and seven months. Its registered office is in Mumbai, Maharashtra.

The Company is engaged in the Travel And Hospitality Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 33.00 Cr.

The company currently has active open charges totaling ₹392.70 Cr. The company has closed loans amounting to ₹370.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Waves Hotels And Estates Pvt Ltd India is Disha Bhatia as COMPANY SECRETARY. Paras Gundecha, Deepak Gundecha, Poonam Gundecha, and One other member serve as directors at the Company.

Company Details

  • Location
    Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45202MH1984PTC033236

  • Company No.

    033236

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jun 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality

Who are the key members and board of directors at Waves Hotels And Estates?

Executive Team (2)

Name Designation Appointment Date Status
Deepak Gundecha Country flag representing In Managing Director 15-Dec-2006 Current
Disha Bhatia Company Secretary 31-Jan-2024 Current

Board Members (3)

Name Designation Appointment Date Status
Paras Gundecha Country flag representing In Director 24-Jun-1984 Current
Poonam Gundecha Country flag representing In Director 15-Dec-2006 Current
Lalit Jain Country flag representing In Director 17-Jul-2017 Current

Financial Performance of Waves Hotels And Estates.

Waves Hotels And Estates Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 130.73% increase. The company also saw a substantial improvement in profitability, with a 80.82% increase in profit. The company's net worth observed a substantial decline by a decrease of 25.68%.

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
130.73%
Revenue from Operations
136.69%
Total Assets
6.10%
Profit or Loss
80.82%
Net Worth
-25.68%
EBITDA
1984.21%

What is the Ownership and Shareholding Structure of Waves Hotels And Estates?

In 2022, Waves Hotels And Estates 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

₹392.70 Cr

Satisfied Charges

₹370.21 Cr

Charges Breakdown by Lending Institutions

  • Others : 300.00 Cr
  • Small Industries Development Bank Of India : 52.00 Cr
  • State Bank Of India : 28.10 Cr
  • Sidbi : 12.60 Cr

Latest Charge Details

Date Lender Amount Status
03 Sep 2021 Sidbi ₹6.30 Cr Open
09 Feb 2021 Sidbi ₹6.30 Cr Open
04 Feb 2020 Others ₹300.00 Cr Open
13 May 2015 Small Industries Development Bank Of India ₹52.00 Cr Open
25 Oct 2011 State Bank Of India ₹28.10 Cr Open

How Many Employees Work at Waves Hotels And Estates?

Waves Hotels And Estates has a workforce of 11 employees as of Apr 05, 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 Hotels And Estates, 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 Hotels And Estates'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 Hotels And Estates

Recent activity within the organization

  • Annual General Meeting

    Waves Hotels And Estates Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Waves Hotels And Estates Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Disha Bhatia was appointed as a Company Secretary was appointed as a Company Secretary on 31 Jan 2024 & has been associated with this company since 1 year 1 day .

    31 Jan 2024

  • Charges

    A charge with Sidbi amounted to Rs. 6.30 Cr with Charge ID 100474514 was registered on 03 Sep 2021.

    03 Sep 2021

  • Charges

    A charge with Sidbi amounted to Rs. 6.30 Cr with Charge ID 100411702 was registered on 09 Feb 2021.

    09 Feb 2021

  • Charges

    A charge with Others of Rs. 300.00 Cr registered on 04 Feb 2020 with Charge ID 100328554 was modified on 06 Mar 2020.

    06 Mar 2020

Frequently asked questions

  • Waves Hotels And Estates Pvt Ltd was incorporated on 22 Jun 1984.

  • The authorized share capital of Waves Hotels And Estates Pvt Ltd is ₹ 35.00 Cr and paid-up capital is ₹ 33.00 Cr.

  • Currently 5 directors are associated with Waves Hotels And Estates Pvt Ltd.

    • Paras Devraj Gundecha
    • Deepak Paras Gundecha
    • Poonam Paras Gundecha
    • Lalit Vimal Jain
    • Disha Bhatia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Waves Hotels And Estates Pvt Ltd is 510 Gundecha Chambers Nagindas Master Road, Fort India, Mumbai, Maharashtra, 400023.

  • The corporate identification number (CIN) of Waves Hotels And Estates Pvt Ltd is U45202MH1984PTC033236 and the company number is 033236 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Waves Hotels And Estates Pvt Ltd is https://www.gundechabuilders.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Waves Hotels And Estates Pvt Ltd has risen by 130.73%.

  • As Per 2022 financial reports, 11 employees are currently employed by Waves Hotels And Estates Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Waves Hotels And Estates Pvt Ltd has experienced an downturn of -25.68%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Waves Hotels And Estates Pvt Ltd amount to ₹ 392.70 Cr.

  • The most recent Balance Sheet for Waves Hotels And Estates Pvt Ltd was filed with the ROC on 31 Mar 2024.

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