Choice Wealth Private Limited

Distributes mutual funds as a subsidiary of Choice Group since 2010.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated:

Choice Wealth Profile

Key Indicators

  • Authorised Capital ₹ 6.50 M
  • Paid Up Capital ₹ 6.42 M
  • Company Age 15 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 91.87%
  • Profit Growth 264.59%
  • Ebitda 183.33%
  • Net Worth 364.87%
  • Total Assets -1.82%

About Choice Wealth

Choice Wealth Private Limited (CWPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 January 2010 and has a history of 15 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Choice Wealth Management 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 2023. It's a company limited by shares with an authorized capital of Rs 6.50 M and a paid-up capital of Rs 6.42 M, as per Ministry of Corporate Affairs (MCA) records.

Ajay Kejriwal and Arun Poddar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    choiceindia.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U65999MH2010PTC198598

  • Company No.

    198598

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jan 2010

  • Date of AGM

    25 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 Choice Wealth?

Board Members (2)

NameDesignationAppointment DateStatus
Ajay Kejriwal Country flag representing In Director 16-Sep-2017Current
Arun Poddar Country flag representing In Additional Director 13-Oct-2023Current

Financial Performance of Choice Wealth.

Choice Wealth Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 91.87% increase. The company also saw a substantial improvement in profitability, with a 264.59% increase in profit. The company's net worth Soared by an impressive increase of 364.87%.

Choice Wealth revenue growth over time
Choice Wealth 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
91.87%
Revenue from Operations
91.73%
Total Assets
-1.82%
Profit or Loss
264.59%
Net Worth
364.87%
EBITDA
183.33%

What is the Ownership and Shareholding Structure of Choice Wealth?

In 2023, Choice Wealth had a promoter holding of 100.00%. 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 Choice Wealth?

Choice Wealth has a workforce of 15 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.

Employee growth trends for Choice Wealth Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Choice 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 Choice 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 Choice Wealth

Recent activity within the organization

  • Director Appointment

    Arun Kumar Poddar was appointed as a Additional Director was appointed as a Additional Director on 13 Oct 2023 & has been associated with this company since 1 year 4 months .

  • Annual General Meeting

    Choice Wealth Private Limited last Annual general meeting of members was held on 25 Aug 2023 as per latest MCA records.

  • Balance Sheet

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

  • Director Appointment

    Ajay Rajendra Kejriwal was appointed as a Director was appointed as a Director on 16 Sep 2017 & has been associated with this company since 7 years 5 months .

  • Company Incorporation

    Choice Wealth Private Limited was registered on 06 Jan 2010 with Roc Mumbai & aged 15 years 1 month as per MCA records.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Choice Wealth Private Limited?

    Choice Wealth Private Limited was incorporated on 06 Jan 2010.

  • What is authorized share capital and paid-up capital of Choice Wealth Private Limited?

    The authorized share capital of Choice Wealth Private Limited is ₹ 6.50 M and paid-up capital is ₹ 6.42 M.

  • Who are the current board members & directors of Choice Wealth Private Limited?

    Currently 2 directors are associated with Choice Wealth Private Limited.

    • Ajay Rajendra Kejriwal
    • Arun Kumar Poddar

  • What is the registered address of Choice Wealth Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Choice Wealth Private Limited is Sunil Patodia Tower Plot No. 156-158 J.B. Nagar Andheri (East), Mumbai, Maharashtra, India, 400099.

  • What is the corporate identification number (CIN) and company number of Choice Wealth Private Limited?

    The corporate identification number (CIN) of Choice Wealth Private Limited is U65999MH2010PTC198598 and the company number is 198598 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Choice Wealth Private Limited?

    The Official website of Choice Wealth Private Limited is https://www.choiceindia.com

  • What has been the recent revenue trend for Choice Wealth Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Choice Wealth Private Limited has risen by 91.87%.

  • How many employees does Choice Wealth Private Limited currently have?

    As Per 2023 financial reports, 15 employees are currently employed by Choice Wealth Private Limited.

  • What change has been observed in the net worth of Choice Wealth Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Choice Wealth Private Limited has experienced an upsurge of 364.87%.

  • When was the last Balance Sheet of Choice Wealth Private Limited filed with the ROC?

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

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