Ways Management Services India Private Limited
About Ways Management Services India Private Limited
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Ways Management Services India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 12 January 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2001PTC130440. Its GSTIN is 27AAACW3463G1ZB (Maharashtra).
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1 Cr. It is led by directors Ritik Kulwant Bhasin and Rishi Mukesh Acharya.
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 45 Mittal Chambernariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.73 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net profit of ₹38.43 Lakh (net margin 22.3%) and EBITDA of ₹17.17 Lakh (EBITDA margin 10%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 17% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ways Management Services India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address45 Mittal Chambernariman Point, Mumbai, Maharashtra, India – 400021
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Ways Management Services India 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 activity of Ways Management Services India is accommodation and food service activities. In detail, this covers food and beverage service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 56 | Food and beverage service activities |
To see the full business activity and turnover split of Ways Management Services India Private Limited, buy the company report.
Financials of Ways Management Services India Private Limited
FY 2025 filings availableWays Management Services India Private Limited reported revenue of ₹1.73 Cr (up 71% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 71% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA rose 126% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹17.17 Lakh | ||||
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| Net Profit (PAT) | ₹38.43 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | 22.3% | ||||
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To see the full financial statements and ratios of Ways Management Services India Private Limited, buy the company report.
Board of directors of Ways Management Services India Private Limited
Ways Management Services India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritik Kulwant Bhasin Also directs: Urbanv LLP, Orion Entertainment Private Limited, Risa Hospitality Private Limited and 1 more | Additional Director | 20 Oct 2021 | 5 Years 0 Months | Current |
| Rishi Mukesh Acharya | Additional Director | 05 Mar 2022 | 4 Years 8 Months | Current |
Auditor
Ways Management Services India Private Limited is audited by AKALI & AKALI for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKALI & AKALI | FY 2021 | 100252W |
Shareholding
The shareholding of Ways Management Services India Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ways Management Services India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2007 | 10089079 | Hdfc Bank Limited | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ways Management Services India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ways Management Services India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ways Management Services India Private Limited has a workforce of 2 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Ways Management Services India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW3463G1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ways Management Services India Private Limited, buy the company report.
Recent activity
Ways Management Services India Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Monish Pal ceased to be Director on 27 Apr 2022.
Frequently asked questions
Ways Management Services India is an active private limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 12 January 2001 (25+ years old) and is registered under CIN U55101MH2001PTC130440.
Ways Management Services India has 2 current directors:
- Ritik Kulwant Bhasin - Additional Director
- Rishi Mukesh Acharya - Additional Director
The latest financial statements of Ways Management Services India 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 GSTIN of Ways Management Services India is 27AAACW3463G1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ways Management Services India is U55101MH2001PTC130440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ways Management Services India was incorporated on 12 January 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Monish Pal ceased to be Director on 27 Apr 2022. Rishi Mukesh Acharya was appointed as Additional Director on 05 Mar 2022. Bhumika Jitendra Navlani ceased to be Additional Director on 24 Nov 2021. Ways Management Services India has 7 board changes on record in total.
The registered office of Ways Management Services India is at 45 Mittal Chambernariman Point, Mumbai, Maharashtra, India – 400021.
Ways Management Services India operates in the travel and hospitality industry, in the hotel and accommodation services segment.
Ways Management Services India has open charges of ₹20 Lakh and no satisfied charges on record as per latest MCA filings.
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