About Wave Megacity Centre Private Limited
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Wave Megacity Centre Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Up Township Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45204DL2011PTC220488. Its GSTIN is 09AABCW1076G1ZB (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1,170 Cr and a paid-up capital of ₹566.98 Cr. It is led by directors Vishal Goswami and Hamandeep Singh Anand.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mezzanine Floor M – 4 New Delhi South Extension Part – II, Delhi, India – 110049.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,246.14 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹291.23 Cr (net margin 23.4%) and EBITDA of ₹359.44 Cr (EBITDA margin 28.8%). Revenue has grown at a compounded annual rate (CAGR) of 315% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Wave City Center. As per MCA filings, the company has open charges of ₹380 Cr on record. Court records list 174 cases involving the company, including 39 filed by the company and 135 filed against it; 17 cases are pending. The company has 5 deals on record (3 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹85.29 Cr; the latest was in September 2020. Its 5 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 3 smaller; the largest is Ashdan Township Ventures Private Limited with revenue of ₹1,285.38 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wavecitycenter.in.
Company details
Contact details
Wave Megacity Centre Private Limited's registered office is in New Delhi, Delhi. Its website is wavecitycenter.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMezzanine Floor M – 4 New Delhi South Extension Part – II, Delhi, India – 110049
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Wave Megacity Centre 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 Megacity Centre operates one associated brand: Wave City Center. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate developer specializing in luxury apartments, retail shops, and office spaces. | wavecitycenter.in |
Business activity
The main business activity of Wave Megacity Centre is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Wave Megacity Centre Private Limited, buy the company report.
Financials of Wave Megacity Centre Private Limited
FY 2024 filings availableWave Megacity Centre Private Limited reported revenue of ₹1,246.14 Cr (up 292% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 315% over five years, including 292% growth in the latest year. EBITDA rose 450% 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 | ₹359.44 Cr | ||||
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| Net Profit (PAT) | ₹291.23 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 | 28.8% | ||||
| Net Profit Margin | 23.4% | ||||
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To see the full financial statements and ratios of Wave Megacity Centre Private Limited, buy the company report.
Board of directors of Wave Megacity Centre Private Limited
Wave Megacity Centre has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Goswami | Director | 11 Jan 2021 | 5 Years 9 Months | Current |
| Hamandeep Singh Anand Also directs: G S R Granites Private Limited, Suraj Sugar & Allied Industries Private Limited, Angel Town Planners Private Limited and 5 more | Director | 01 Dec 2023 | 2 Years 10 Months | Current |
Peer comparison
Wave Megacity Centre Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ashdan Township Ventures Private Limited | ₹1,285.38 Cr (FY 2024) | -33.0% | Pune, Maharashtra, India | |||
| Kanakia Spaces Realty Private Limited | ₹1,252.29 Cr (FY 2024) | 95.0% | Mumbai, Maharashtra, India | |||
| Wave Megacity Centre Private Limitedthis company | ₹1,246.14 Cr (FY 2025) | ₹291.23 Cr | 23.4% | 292.0% | New Delhi, Delhi, India | |
| Nam Estates Private Limited | ₹1,217.54 Cr (FY 2024) | 9.0% | Infantry Road, Bangalore, Karnataka, India | |||
| Runwal Developers Limited | ₹1,199.76 Cr (FY 2025) | 104.0% | Mumbai, Maharashtra, India | |||
| Valor Estate Limited | ₹1,181.21 Cr (FY 2025) | -13.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Wave Megacity Centre Private Limited, buy the company report.
Auditor
Wave Megacity Centre Private Limited is audited by V.SANKAR AIYAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.SANKAR AIYAR & CO. | FY 2023 | 109208W |
Shareholding
The shareholding of Wave Megacity Centre 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 Wave Megacity Centre Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Apr 2018 | 100195206 | Yes Bank Limited | ₹200 Cr | Open | |
| 23 Oct 2017 | 100168643 | Yes Bank Limited | ₹180 Cr | Open |
To see the full charge records of Wave Megacity Centre Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Wave Megacity Centre Private Limited has 5 deals on record (3 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹85.29 Cr; the latest was in September 2020.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2013 | Funding round | ₹19.99 Cr | Investors: Up Township Private Limited , Wave Infratech Private Limited. |
| Oct 2011 | Secondary share transfer | Undisclosed | Buyer: Up Township Private Limited Seller: Satnam Enterprises Private Limited |
| Oct 2011 | Secondary share transfer | Undisclosed | Buyer: Up Township Private Limited Seller: Wave Infratech Private Limited. |
| Jul 2011 | Secondary share transfer | Undisclosed | Buyer: Wave Industries Private Limited Seller: Wave Industries Private Limited and Manpreet Singh Chadha |
To see the full deal history of Wave Megacity Centre 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 Megacity Centre Private Limited has 174 court cases on record: 39 filed by Wave Megacity Centre, 135 filed against it. 17 cases are pending and 157 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 109 | 102 | 11 |
| High courts | 38 | 26 | 4 |
| Supreme Court | 14 | 3 | 0 |
| NCLAT | 11 | 3 | 2 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 174)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Writ petition | Filed against the company by Prastuti Infomedia LLP | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed by the company against Avs Informatics Pvt. Ltd. Through Its Authorised Representative SH Ved Prakash Property No. 208, 2Nd Floor, Siddharth Building , 96, Nehru Place, New Delhi , District: Delhi ,New Delhi , Delhi and 3 others | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| District court, South East, Delhi | Revision petition | Filed by the company against State | Pending |
| Allahabad High Court | Writ petition | Filed against the company | Pending |
To see the full case history of Wave Megacity Centre 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 Megacity Centre Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Wave Megacity Centre has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Auk Developers Private Limited | U70109DL2013PTC249841 |
To see the full group structure of Wave Megacity Centre Private Limited, buy the company report.
GST
Wave Megacity Centre has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCW1076G1ZB | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wave Megacity Centre Private Limited, buy the company report.
Recent activity
Wave Megacity Centre Private Limited has 16 board changes on record since 2015: 3 appointments and 13 cessations. The latest: Ajay Kumar Jha was appointed as Company Secretary on 02 Jan 2025.
11 earlier events are in the company report.
Frequently asked questions
Wave Megacity Centre is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 07 June 2011 (15+ years old) and is registered under CIN U45204DL2011PTC220488.
Wave Megacity Centre has 2 current directors:
- Vishal Goswami - Director
- Hamandeep Singh Anand - Director
The latest financial statements of Wave Megacity Centre on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Wave Megacity Centre is 09AABCW1076G1ZB, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Wave Megacity Centre is U45204DL2011PTC220488. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wave Megacity Centre has 174 court cases on record: 39 filed by the company and 135 filed against it. 17 are pending. Most are in the district courts.
Wave Megacity Centre was incorporated on 07 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Wave Megacity Centre has 5 deals on record (3 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹85.29 Cr; the latest was in September 2020.
The peers of Wave Megacity Centre by revenue are Ashdan Township Ventures Private Limited, Kanakia Spaces Realty Private Limited, Nam Estates Private Limited, Runwal Developers Limited, Valor Estate Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Ajay Kumar Jha was appointed as Company Secretary on 02 Jan 2025. Hamandeep Singh Anand ceased to be Additional Director on 29 Sep 2024. Amit Chauhan ceased to be Company Secretary on 31 Mar 2024. Wave Megacity Centre has 16 board changes on record in total.
Wave Megacity Centre can be reached through the website wavecitycenter.in. Its registered office is in New Delhi, Delhi, India.