- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-10-0004693

About Wave Hospitality Private Limited
Data last updated:
Wave Hospitality Private Limited is a private limited company based in Delhi, India, a subsidiary of Wave Impex Private Limited. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 30 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U55101DL2009PTC189886.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹26.03 Cr. It is led by directors including Rahul Dhawan and Sanjeev Bhatia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hotel Holiday Inn Asset Area – 12 Hospitality District Aero City Mahipal, Pur, Delhi, India – 110037.
As per the financials filed for FY 2025, the company reported a revenue of ₹139.79 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹20.65 Cr (net margin 14.8%) and EBITDA of ₹44.51 Cr (EBITDA margin 31.8%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 7% over five years.
The company is associated with 1 brand: Wave Hospitality. As per MCA filings, the company has open charges of ₹205.34 Cr and satisfied charges of ₹145.9 Cr on record. Court records list 16 cases involving the company, including 12 filed by the company and 4 filed against it; 5 cases are pending. The company has 7 deals on record (4 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹114.6 Cr; the latest was in September 2017. Its 7 peer companies in the Consumer Services industry (Hospitality, Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.) are compared by revenue, 4 larger and 3 smaller; the largest is Ascent Hotels Private Limited with revenue of ₹141.54 Cr.
Wave Hospitality Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0004693). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wavehospitality.com.
Company details
Recognitions & Rankings of Wave Hospitality
Contact details
Wave Hospitality Private Limited's registered office is in Delhi, Delhi. Its website is wavehospitality.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressHotel Holiday Inn Asset Area – 12 Hospitality District Aero City Mahipal, Pur, Delhi, India – 110037
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Wave Hospitality 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
Brands
Wave Hospitality operates one associated brand: Wave Hospitality. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates hotels and resorts to provide exceptional guest experiences. | wavehospitality.com |
Business activity
The main business activity of Wave Hospitality is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Wave Hospitality Private Limited, buy the company report.
Financials of Wave Hospitality Private Limited
FY 2025 filings availableWave Hospitality Private Limited reported revenue of ₹139.79 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 8% growth in the latest year. EBITDA rose 19% 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 | ₹44.51 Cr | ||||
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| Net Profit (PAT) | ₹20.65 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 31.8% | ||||
| Net Profit Margin | 14.8% | ||||
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To see the full financial statements and ratios of Wave Hospitality Private Limited, buy the company report.
Board of directors and KMP of Wave Hospitality Private Limited
Wave Hospitality Private Limited currently reports 3 directors and 3 key managerial personnel. 11 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Dhawan | Director | 26 Dec 2014 | 11 Years 10 Months | Current |
| Sanjeev Bhatia Also directs: Sonar Agro Farms Private Limited | Director | 30 Oct 2017 | 9 Years 0 Months | Current |
| Deepak Talwar | Ceo | 01 Nov 2021 | 5 Years 0 Months | Current |
| Girish Vaid Also directs: Wave Impex Private Limited | Cfo | 07 Dec 2019 | 6 Years 11 Months | Current |
| Vikas Chandra Also directs: Add Lounge Services Private Limited | Company Secretary | 12 Sep 2011 | 15 Years 1 Months | Current |
| Rajiv K Anand Also directs: Ality Propcap Private Limited | Director | 24 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
Wave Hospitality Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Services industry (Hospitality, Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ascent Hotels Private Limited | ₹141.54 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Viceroy Hotels Limited | ₹140.83 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India | |||
| Benares Hotels Limited | ₹140.67 Cr (FY 2025) | 14.0% | Uttar Pradesh, India | |||
| Khanna Hotels Private Limited | ₹139.9 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Wave Hospitality Private Limitedthis company | ₹139.79 Cr (FY 2025) | ₹20.65 Cr | 14.8% | 8.0% | Delhi, India | |
| Eastern International Hotels Limited | ₹138.81 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Samhi Hotels (Ahmedabad) Private Limited | ₹138.05 Cr (FY 2025) | 6.0% | Ahmedabad, Gujarat, India | |||
| Pinnacle Resorts Private Limited | ₹137.89 Cr (FY 2024) | 21.0% | Hyderpora, Jammu and Kashmir, India |
To see the full peer comparison of Wave Hospitality Private Limited, buy the company report.
Auditor
Wave Hospitality Private Limited is audited by BAJAJ RAHUL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAJAJ RAHUL & CO | FY 2023 | 031854N |
Shareholding
The shareholding of Wave Hospitality Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Wave Hospitality Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 May 2024 | 100967250 | Others | ₹34 Lakh | Open | |
| 03 Dec 2021 | 100510107 | Others | ₹25 Cr | Open | |
| 26 May 2021 | 100454462 | Others | ₹25 Cr | Open | |
| 22 Apr 2016 | 100026640 | Others | ₹155 Cr | Open | |
| 27 Dec 2016 | 100126617 | Others | ₹90.1 Lakh | Satisfied |
To see the full charge records of Wave Hospitality Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Wave Hospitality Private Limited has 7 deals on record (4 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹114.6 Cr; the latest was in September 2017.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Rights issue | ₹37.17 Cr | Investors: Idfs Tradings Private Limited , Asia Pac Alternative Investments Pte Ltd |
| Jun 2014 | Rights issue | ₹11.96 Cr | Investors: Asia Field Limited, Wave Impex Private Limited , Asia Pac Alternative Investments Pte Ltd |
| Mar 2014 | Funding round | ₹16 Cr | Investors: Wave Impex Private Limited |
| Jan 2013 | Funding round | ₹31.59 Cr | Investors: Wave Impex Private Limited |
| Oct 2009 | Funding round | ₹56.02 Cr | Investors: Asia Pac Alternative Investments Pte Ltd, Wave Impex Private Limited |
To see the full deal history of Wave Hospitality Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Wave Hospitality Private Limited has 16 court cases on record: 12 filed by Wave Hospitality, 4 filed against it. 5 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 4 | 3 |
| High courts | 5 | 0 | 0 |
| Supreme Court | 2 | 0 | 2 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Court case (Ex.COMM - Award by Arb. Comm.) | Filed by the company against M/S Itsumo Business Advisors Ltd. | Pending |
| District court, West, Delhi | Court case (Civ DJ) | Filed by the company against M/S Itsumo Business Advisors Ltd. and Anr. and 1 other | Disposed |
| District court, West, Delhi | Court case (Civ DJ) | Filed against the company by M/S Fankaar Interiors Pvt. Ltd | Disposed |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against an individual | Pending |
| District court, Central, Delhi | Criminal case | Filed against the company | Pending |
To see the full case history of Wave Hospitality 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
No delayed payments to MSME suppliers are on our record for Wave Hospitality Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Wave Hospitality Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Wave Hospitality Private Limited has 28 board changes on record since 2009: 17 appointments and 11 cessations. The latest: Rajiv K Anand was appointed as Director on 24 Feb 2024.
34 earlier events are in the company report.
Frequently asked questions
Wave Hospitality is an active private limited company based in Delhi, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 30 April 2009 (17+ years old) and is registered under CIN U55101DL2009PTC189886.
Wave Hospitality has 6 current directors and KMP:
- Rahul Dhawan - Director
- Sanjeev Bhatia - Director
- Rajiv K Anand - Director
- Deepak Talwar - Ceo
- Girish Vaid - Cfo
- Vikas Chandra - Company Secretary
The latest financial statements of Wave Hospitality on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Wave Hospitality is U55101DL2009PTC189886. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wave Hospitality has 16 court cases on record: 12 filed by the company and 4 filed against it. 5 are pending. Most are in the district courts.
Wave Hospitality was incorporated on 30 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Wave Hospitality has 7 deals on record (4 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹114.6 Cr; the latest was in September 2017.
The peers of Wave Hospitality by revenue are Ascent Hotels Private Limited, Viceroy Hotels Limited, Benares Hotels Limited, Khanna Hotels Private Limited, Eastern International Hotels Limited and 2 more, all in the Consumer Services industry (Hospitality, Hotels), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Rajiv K Anand was appointed as Director on 24 Feb 2024. Deepak Talwar was appointed as CEO on 01 Nov 2021. Girish Vaid was appointed as CFO on 07 Dec 2019. Wave Hospitality has 28 board changes on record in total.
Yes, Wave Hospitality is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-10-0004693).
Wave Hospitality can be reached through the website wavehospitality.com. Its registered office is in Delhi, India.

