Ambit Wealth Private Limited

Provides broking and advisory services since 2007, based in Mumbai.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Ambit Wealth Profile

Key Indicators

  • Authorised Capital ₹ 29.00 Cr
  • Paid Up Capital ₹ 24.95 Cr
  • Company Age 17 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 8.46%
  • Profit Growth -149.63%
  • Ebitda -119.69%
  • Net Worth -20.02%
  • Total Assets 9.90%

About Ambit Wealth

Ambit Wealth Private Limited (AWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 September 2007 and has a history of 17 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Ambit Insurance Advisory Private Limited. The Company is engaged in the Financial Services 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 29.00 Cr and a paid-up capital of Rs 24.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ambit Wealth Private Limited India is Pinky Dutta as COMPANY SECRETARY. Ashok Wadhwa, Ajay Sondhi, Rahul Gupta, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74140MH2007PTC174082

  • Company No.

    174082

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Sep 2007

  • Date of AGM

    11 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Business Outsourcing

Who are the key members and board of directors at Ambit Wealth?

Executive Team (1)

Name Designation Appointment Date Status
Pinky Dutta Company Secretary 01-Apr-2023 Current

Board Members (6)

Name Designation Appointment Date Status
Sanjit Chowdhry Country flag representing In Director 13-Dec-2021 Current
Rahul Gupta Country flag representing Sg Director 15-Oct-2021 Current
Ashok Wadhwa Country flag representing In Additional Director 29-May-2024 Current
Ajay Sondhi Country flag representing Sg Director 13-Dec-2021 Current
Amrita Farmahan Country flag representing In Director 03-Dec-2019 Current
Ajay Makhija Country flag representing In Director 15-Oct-2021 Current

Financial Performance of Ambit Wealth.

Ambit Wealth Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.46% increase. The company also saw a substantial fall in profitability, with a 149.63% decrease in profit. The company's net worth observed a substantial decline by a decrease of 20.02%.

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
8.46%
Revenue from Operations
11.21%
Total Assets
9.90%
Profit or Loss
-149.63%
Net Worth
-20.02%
EBITDA
-119.69%

What is the Ownership and Shareholding Structure of Ambit Wealth?

In 2023, Ambit Wealth had a promoter holding of 92.00% and a public holding of 8.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Ambit Wealth?

Ambit Wealth has a workforce of 67 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 Ambit Wealth, 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 Ambit Wealth'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 Ambit Wealth

Recent activity within the organization

  • Annual General Meeting

    Ambit Wealth Private Limited last Annual general meeting of members was held on 11 Jul 2024 as per latest MCA records.

    11 Jul 2024

  • Director Appointment

    Ashok Wadhwa was appointed as a Additional Director was appointed as a Additional Director on 29 May 2024 & has been associated with this company since 8 months 11 days .

    29 May 2024

  • Balance Sheet

    Ambit Wealth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Ajay Sondhi was appointed as a Director was appointed as a Director on 13 Dec 2021 & has been associated with this company since 3 years 1 month .

    13 Dec 2021

  • Director Appointment

    Sanjit Chowdhry was appointed as a Director was appointed as a Director on 13 Dec 2021 & has been associated with this company since 3 years 1 month .

    13 Dec 2021

  • Director Appointment

    Rahul Gupta was appointed as a Director was appointed as a Director on 15 Oct 2021 & has been associated with this company since 3 years 3 months .

    15 Oct 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Ambit Wealth Private Limited was incorporated on 13 Sep 2007.

  • The authorized share capital of Ambit Wealth Private Limited is ₹ 29.00 Cr and paid-up capital is ₹ 24.95 Cr.

  • Currently 7 directors are associated with Ambit Wealth Private Limited.

    • Ashok Wadhwa
    • Ajay Sondhi
    • Rahul Gupta
    • Amrita Farmahan
    • Sanjit Chowdhry
    • Ajay Makhija
    • Pinky Dutta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ambit Wealth Private Limited is Ambit House 449 Senapati Bapat Marg Lower Parel, India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Ambit Wealth Private Limited is U74140MH2007PTC174082 and the company number is 174082 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ambit Wealth Private Limited is https://www.ambit.co

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ambit Wealth Private Limited has risen by 8.46%.

  • As Per 2023 financial reports, 67 employees are currently employed by Ambit Wealth Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ambit Wealth Private Limited has experienced an downturn of -20.02%.

  • The most recent Balance Sheet for Ambit Wealth Private Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Business & IT Consulting