Ask Wealth Advisors Private Limited

Wealth advisory and family office solutions for UHNIs and inter-generational wealth transfer.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated: July 09, 2024

Ask Wealth Advisors Profile

Key Indicators

  • Authorised Capital ₹ 90.20 Cr
  • Paid Up Capital ₹ 80.06 Cr
  • Company Age 18 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.20 Cr
  • Revenue Growth 16.45%
  • Profit Growth 58.60%
  • Ebitda 52.90%
  • Net Worth 17.45%
  • Total Assets 9.62%

About Ask Wealth Advisors

Ask Wealth Advisors Private Limited (AWAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 May 2006 and has a history of 18 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 90.20 Cr and a paid-up capital of Rs 80.06 Cr.

The company has closed loans amounting to ₹1.20 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ask Wealth Advisors Private Limited India are Priya Shah as Company Secretary, Hemchandra Gadre as Cfo, and Rajesh Saluja as Ceo. Prateek Roongta, Himanshu Dodeja, Rajesh Saluja, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67190MH2006PTC162465

  • Company No.

    162465

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 May 2006

  • Date of AGM

    08 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Executive Team (3)

NameDesignationAppointment DateStatus
Priya Shah Company Secretary11-Aug-2020Current
Hemchandra Gadre CFO05-Mar-2019Current
Rajesh Saluja Country flag representing In Managing Director12-Sep-2007Current

Board Members (5)

NameDesignationAppointment DateStatus
Prateek Roongta Country flag representing In Nominee Director 07-Jun-2023Current
Himanshu Dodeja Country flag representing In Nominee Director 11-Feb-2022Current
Sameer Koticha Country flag representing In Director 30-May-2006Current
Aniket Damle Country flag representing In Nominee Director 07-Jun-2023Current
Sunil Rohokale Country flag representing In Director 03-Aug-2012Current

Financial Performance of Ask Wealth Advisors.

Ask Wealth Advisors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.45% increase. The company also saw a substantial improvement in profitability, with a 58.6% increase in profit. The company's net worth Soared by an impressive increase of 17.45%.

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
16.45%
Revenue from Operations
14.92%
Total Assets
9.62%
Profit or Loss
58.60%
Net Worth
17.45%
EBITDA
52.90%

What is the Ownership and Shareholding Structure of Ask Wealth Advisors?

In 2023, Ask Wealth Advisors had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.20 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.20 Cr

Latest Charge Details

DateLenderAmountStatus
22 Dec 2012Hdfc Bank Limited₹1.20 CrSatisfied

How Many Employees Work at Ask Wealth Advisors?

Ask Wealth Advisors has a workforce of 161 employees as of Apr 07, 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 Ask Wealth Advisors, 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 Ask Wealth Advisors'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 Ask Wealth Advisors

Recent activity within the organization

  • Annual General Meeting

    Ask Wealth Advisors Private Limited last Annual general meeting of members was held on 08 Aug 2023 as per latest MCA records.

    08 Aug 2023

  • Director Appointment

    Prateek Roongta was appointed as a Nominee Director was appointed as a Nominee Director on 07 Jun 2023 & has been associated with this company since 1 year 7 months .

    07 Jun 2023

  • Director Appointment

    Aniket Damle was appointed as a Nominee Director was appointed as a Nominee Director on 07 Jun 2023 & has been associated with this company since 1 year 7 months .

    07 Jun 2023

  • Balance Sheet

    Ask Wealth Advisors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Himanshu Dodeja was appointed as a Nominee Director was appointed as a Nominee Director on 11 Feb 2022 & has been associated with this company since 2 years 11 months .

    11 Feb 2022

  • Charges

    A charge registered on 22 Dec 2012 via Charge ID 10403386 with Hdfc Bank Limited was fully satisfied on 27 Jan 2014.

    27 Jan 2014

Frequently asked questions

  • Ask Wealth Advisors Private Limited was incorporated on 30 May 2006.

  • The authorized share capital of Ask Wealth Advisors Private Limited is ₹ 90.20 Cr and paid-up capital is ₹ 80.06 Cr.

  • Currently 9 directors are associated with Ask Wealth Advisors Private Limited.

    • Prateek Roongta
    • Priya Pragnesh Shah
    • Hemchandra Shreekant Gadre
    • Himanshu Dodeja
    • Rajesh Saluja
    • Sameer Kishore Koticha
    • Rajesh Saluja
    • Aniket Damle
    • Sunil Gangadhar Rohokale
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ask Wealth Advisors Private Limited is Birla Aurora 16 Level Office Floor 9, Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India, 400030.

  • The corporate identification number (CIN) of Ask Wealth Advisors Private Limited is U67190MH2006PTC162465 and the company number is 162465 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ask Wealth Advisors Private Limited is https://www.askfinancials.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ask Wealth Advisors Private Limited has risen by 16.45%.

  • As Per 2023 financial reports, 161 employees are currently employed by Ask Wealth Advisors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ask Wealth Advisors Private Limited has experienced an upsurge of 17.45%.

  • The most recent Balance Sheet for Ask Wealth Advisors Private Limited was filed with the ROC on 31 Mar 2023.

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