Ckredence Wealth Management Private Limited

Provides financial services as investment advisor, portfolio management consultant, and research analyst.

2001 | Surat, Gujarat (India) | Active
Last Updated: November 17, 2024

Ckredence Wealth Management Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.92 M
  • Company Age 23 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.50 M
  • Revenue Growth -21.42%
  • Profit Growth -13.60%
  • Ebitda 27.58%
  • Net Worth 36.54%
  • Total Assets 32.89%

About Ckredence Wealth Management

Ckredence Wealth Management Private Limited (CWMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 March 2001 and has a history of 23 years and 11 months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Three Pillars 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.92 M.

The company currently has active open charges totaling ₹8.50 M.

Chirag Shah, Hetal Shah, Kartik Mehta, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U67120GJ2001PTC039294

  • Company No.

    039294

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Mar 2001

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

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

Board Members (5)

Name Designation Appointment Date Status
Chirag Shah Country flag representing In Director 28-Jan-2020 Current
Hetal Shah Country flag representing In Director 28-Jan-2020 Current
Kartik Mehta Country flag representing In Director 14-Feb-2022 Current
Arvind Shah Country flag representing In Director 07-Mar-2001 Current
Urmila Shah Country flag representing In Director 07-Mar-2001 Current

Financial Performance of Ckredence Wealth Management.

Ckredence Wealth Management Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.42% decrease. The company also saw a substantial fall in profitability, with a 13.6% decrease in profit. The company's net worth Soared by an impressive increase of 36.54%.

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
-21.42%
Revenue from Operations
-15.87%
Total Assets
32.89%
Profit or Loss
-13.60%
Net Worth
36.54%
EBITDA
27.58%

What is the Ownership and Shareholding Structure of Ckredence Wealth Management?

In 2023, Ckredence Wealth Management 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)

Open Charges

₹8.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.85 Cr

Latest Charge Details

Date Lender Amount Status
28 Oct 2024 Others ₹8.50 M Open

How Many Employees Work at Ckredence Wealth Management?

Ckredence Wealth Management has a workforce of 1 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 Ckredence Wealth Management, 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 Ckredence Wealth Management'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 Ckredence Wealth Management

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 8.50 M with Charge ID 100998533 was registered on 28 Oct 2024.

    28 Oct 2024

  • Annual General Meeting

    Ckredence Wealth Management Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Ckredence Wealth Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Kartik Bhaskerray Mehta was appointed as a Director was appointed as a Director on 14 Feb 2022 & has been associated with this company since 3 years .

    14 Feb 2022

  • Director Appointment

    Chirag Arvindbhai Shah was appointed as a Director was appointed as a Director on 28 Jan 2020 & has been associated with this company since 5 years 17 days .

    28 Jan 2020

  • Director Appointment

    Hetal Chirag Shah was appointed as a Director was appointed as a Director on 28 Jan 2020 & has been associated with this company since 5 years 17 days .

    28 Jan 2020

Frequently asked questions

  • Ckredence Wealth Management Private Limited was incorporated on 07 Mar 2001.

  • The authorized share capital of Ckredence Wealth Management Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.92 M.

  • Currently 5 directors are associated with Ckredence Wealth Management Private Limited.

    • Chirag Arvindbhai Shah
    • Hetal Chirag Shah
    • Kartik Bhaskerray Mehta
    • Arvind Keshavlal Shah
    • Urmila Arvind Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ckredence Wealth Management Private Limited is 1St Floor Office-101 H.No.1/527-1 To 8 Tirupati Plazza-B, Athwagate India, Surat, Gujarat, 395001.

  • The corporate identification number (CIN) of Ckredence Wealth Management Private Limited is U67120GJ2001PTC039294 and the company number is 039294 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ckredence Wealth Management Private Limited is https://www.ckredencewealth.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ckredence Wealth Management Private Limited has fallen by -21.42%.

  • As Per 2023 financial reports, 1 employees are currently employed by Ckredence Wealth Management Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ckredence Wealth Management Private Limited has experienced an upsurge of 36.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ckredence Wealth Management Private Limited amount to ₹ 8.50 M.

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