About Make Waves Sea Resort Private Limited
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Make Waves Sea Resort Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 20 July 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH1981PTC024809. Its GSTIN is 27AAACM0673J1ZG (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.8 Cr. It is led by directors including Prateek Anil Mittal and Rahul Rajendra Mittal.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Construction House`B' 2 Ndflor 623 Linking Road Khar W, Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.7 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net loss of ₹5.88 Cr (net margin -20.5%) and EBITDA of ₹3.75 Cr (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 4% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹12.75 Cr on record. Court records list 48 cases involving the company, including 34 filed by the company and 14 filed against it; 19 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website retreat-mumbai.com.
Company details
Contact details
Make Waves Sea Resort Private Limited's registered office is in Mumbai, Maharashtra. Its website is retreat-mumbai.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressConstruction House`B' 2 Ndflor 623 Linking Road Khar W, Mumbai, Maharashtra, India – 400052
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Make Waves Sea Resort Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activities of Make Waves Sea Resort are accommodation and food service activities and real estate activities. In detail, this covers accommodation and real estate activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 55 | Accommodation | |
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Make Waves Sea Resort Private Limited, buy the company report.
Financials of Make Waves Sea Resort Private Limited
FY 2024 filings availableMake Waves Sea Resort Private Limited reported revenue of ₹28.7 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 4% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.75 Cr | ||||
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| Net Profit (PAT) | -₹5.88 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 13.1% | ||||
| Net Profit Margin | -20.5% | ||||
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To see the full financial statements and ratios of Make Waves Sea Resort Private Limited, buy the company report.
Board of directors of Make Waves Sea Resort Private Limited
Make Waves Sea Resort has 12 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Auditor
Make Waves Sea Resort Private Limited is audited by K. N. GANDHI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. N. GANDHI & CO. | FY 2023 | 124129W |
Shareholding
The shareholding of Make Waves Sea Resort Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Make Waves Sea Resort Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 1992 | 90241969 | The Industrial Development Bank of India | ₹2.85 Cr | Satisfied | |
| 20 Jan 1992 | 90241952 | The Industrial Credit & Investment Co. Limited | ₹2.1 Cr | Satisfied | |
| 30 Oct 1991 | 90241945 | The Industrial Credit & Investment Co. Limited | ₹1.1 Cr | Satisfied | |
| 17 Jul 1991 | 90241938 | The Industrial Credit & Investment Co. Limited | ₹1 Cr | Satisfied | |
| 07 Jan 1991 | 90241920 | The Industrial Credit & Investment Co. Limited | ₹3.2 Cr | Satisfied |
To see the full charge records of Make Waves Sea Resort Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Make Waves Sea Resort Private Limited has 48 court cases on record: 34 filed by Make Waves Sea Resort, 14 filed against it. 19 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 29 | 12 | 11 |
| District courts | 18 | 1 | 8 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHOCL) | Filed by the company against Infotech Era (India) Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES W) | Filed against the company by Novex Communications Pvt Ltd | Disposed |
| Bombay High Court | Court case (SS) | Filed by the company against Lloyds Laboratories Ltd | Disposed |
| Bombay High Court | Court case (APP) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against an individual | Pending |
To see the full case history of Make Waves Sea Resort Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Make Waves Sea Resort Private Limited has 3 MSME Form 1 returns on record between 2019 and 2022, listing 13 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Gujarat Milk Products Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Shanti Sales Agencies | |||
| an individual supplier |
To see the full MSME payment records of Make Waves Sea Resort Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Make Waves Sea Resort Private Limited has a workforce of 10 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Make Waves Sea Resort has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM0673J1ZG | Maharashtra | Active | 01 Jul 2017 |
| 07AAACM0673J1ZI | Delhi | Active | 01 Jul 2017 |
| 06AAACM0673J2ZJ | Haryana | Active | 05 Feb 2020 |
To see the full GST registrations and return filing status of Make Waves Sea Resort Private Limited, buy the company report.
Recent activity
Make Waves Sea Resort Private Limited has 23 board changes on record since 1987: 12 appointments and 11 cessations. The latest: Prateek Anil Mittal was appointed as Director on 26 Sep 2024.
29 earlier events are in the company report.
Frequently asked questions
Make Waves Sea Resort is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 20 July 1981 (45+ years old) and is registered under CIN U55101MH1981PTC024809.
Make Waves Sea Resort has 12 current directors:
- Prateek Anil Mittal - Director
- Rahul Rajendra Mittal - Director
- Suresh Brahmadutt Mittal - Director
- Ashok Vishwanath Mittal - Director
- Durga Sandeep Raheja - Director
- Sandeep Gopal Raheja - Director
- Bindoo Shyam Wadhwani - Director
- Shyam Nandlal Wadhwani - Director
- Aayush Sunil Mittal - Director
- Kishan Maliram Mittal - Director
- Arjun Choithram Nichani - Director
- Rajesh Udharam Thadani - Director
The latest financial statements of Make Waves Sea Resort on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Make Waves Sea Resort is 27AAACM0673J1ZG, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAACM0673J1ZI (Delhi), 06AAACM0673J2ZJ (Haryana).
The CIN (Corporate Identification Number) of Make Waves Sea Resort is U55101MH1981PTC024809. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Make Waves Sea Resort has 48 court cases on record: 34 filed by the company and 14 filed against it. 19 are pending. Most are in the high courts.
Make Waves Sea Resort was incorporated on 20 July 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
Prateek Anil Mittal was appointed as Director on 26 Sep 2024. Rajesh Udharam Thadani ceased to be Additional Director on 26 Sep 2024. Rajesh Udharam Thadani was appointed as Director on 27 Mar 2024. Make Waves Sea Resort has 23 board changes on record in total.
Make Waves Sea Resort has 3 MSME Form 1 returns on record between 2019 and 2022, listing 13 overdue payments to 11 micro and small suppliers. The latest return was filed on 12 Nov 2022.
Make Waves Sea Resort can be reached through the website retreat-mumbai.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Make Waves Sea Resort is at Construction House`B 2 Ndflor 623 Linking Road Khar W, Mumbai, Maharashtra, India – 400052.