Fairwealth Securities Limited

Investment services in various asset classes, including broking, wealth management, real estate advisory, and more.

2005 | Gurugram, Haryana (India) | Active
Last Updated: December 27, 2024

Fairwealth Securities Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.75 Cr
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 45.06 Cr
  • Satisfied Charges ₹ 28.17 Cr
  • Revenue Growth 12.08%
  • Profit Growth 28.72%
  • Ebitda -28.77%
  • Net Worth 3.38%
  • Total Assets 9.96%

About Fairwealth Securities

Fairwealth Securities Limited (FSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 March 2005 and has a history of 19 years and 11 months. Its registered office is in Gurugram, Haryana, India.

The Corporate was formerly known as Fairwealth Securities 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 2018. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 6.75 Cr.

The company currently has active open charges totaling ₹45.06 Cr. The company has closed loans amounting to ₹28.17 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dhirender Gaba, Naveen Gaba, and Shripad Desai serve as directors at the Company.

Company Details

  • Location

    Gurugram, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67120HR2005PLC035644

  • Company No.

    035644

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Mar 2005

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

What products or services does Fairwealth Securities Limited offer?

Fairwealth Securities Limited offers a wide range of products and services, including Banks and Banking Services, Banking Service, Event Planners & Organizers, Corporate Event Management, Corporate Finance & Leasing Advisors, Fund Management Services, Stock Trading/Money Market, Commodities Trading Service, Insurance Service, Financial Service.

Who are the key members and board of directors at Fairwealth Securities?

Board Members (3)

NameDesignationAppointment DateStatus
Dhirender Gaba Country flag representing In Director 02-Mar-2005Current
Naveen Gaba Country flag representing In Director 02-Mar-2005Current
Shripad Desai Country flag representing In Additional Director 23-Sep-2019Current

Financial Performance of Fairwealth Securities.

Fairwealth Securities Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 12.08% increase. The company also saw a substantial improvement in profitability, with a 28.72% increase in profit. The company's net worth moved up by a moderate rise of 3.38%.

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
12.08%
Revenue from Operations
1.03%
Total Assets
9.96%
Profit or Loss
28.72%
Net Worth
3.38%
EBITDA
-28.77%

What is the Ownership and Shareholding Structure of Fairwealth Securities?

In 2018, Fairwealth Securities had a promoter holding of 95.53% and a public holding of 4.47%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹45.06 Cr

Satisfied Charges

₹28.17 Cr

Charges Breakdown by Lending Institutions

  • Others : 41.91 Cr
  • Kotak Mahindra Bank Limited : 3.15 Cr

Latest Charge Details

DateLenderAmountStatus
29 Mar 2019Others₹2.95 CrOpen
19 Jul 2018Others₹3.96 CrOpen
31 Dec 2012Kotak Mahindra Bank Limited₹3.15 CrOpen
12 Aug 2009Others₹35.00 CrOpen
27 Apr 2016Others₹2.00 CrSatisfied

How Many Employees Work at Fairwealth Securities?

Fairwealth Securities has a workforce of 18 employees as of Apr 01, 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 Fairwealth Securities, 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 Fairwealth Securities'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 Fairwealth Securities

Recent activity within the organization

  • Director Appointment

    Shripad Sadanand Desai was appointed as a Additional Director was appointed as a Additional Director on 23 Sep 2019 & has been associated with this company since 5 years 4 months .

    23 Sep 2019

  • Charges

    A charge with Others amounted to Rs. 2.95 Cr with Charge ID 100268669 was registered on 29 Mar 2019.

    29 Mar 2019

  • Annual General Meeting

    Fairwealth Securities Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Charges

    A charge with Others amounted to Rs. 3.96 Cr with Charge ID 100191708 was registered on 19 Jul 2018.

    19 Jul 2018

  • Charges

    A charge registered on 28 Jun 2015 via Charge ID 10577865 with Kotak Mahindra Bank Limited was fully satisfied on 30 Jun 2018.

    30 Jun 2018

  • Charges

    A charge registered on 27 Apr 2016 via Charge ID 100031198 with Others was fully satisfied on 23 May 2018.

    23 May 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Fairwealth Securities Limited was incorporated on 02 Mar 2005.

  • The authorized share capital of Fairwealth Securities Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.75 Cr.

  • Currently 3 directors are associated with Fairwealth Securities Limited.

    • Dhirender Gaba
    • Naveen Gaba
    • Shripad Sadanand Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fairwealth Securities Limited is 651-652, Udyog Vihar Phase - V Gurgaon India, Haryana, 122001.

  • The corporate identification number (CIN) of Fairwealth Securities Limited is U67120HR2005PLC035644 and the company number is 035644 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fairwealth Securities Limited is https://www.fairwealth.in

  • According to the financial reports for the fiscal year 2018, the revenue trend for Fairwealth Securities Limited has risen by 12.08%.

  • As Per 2018 financial reports, 18 employees are currently employed by Fairwealth Securities Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Fairwealth Securities Limited has experienced an upsurge of 3.38%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Fairwealth Securities Limited amount to ₹ 45.06 Cr.

  • The most recent Balance Sheet for Fairwealth Securities Limited was filed with the ROC on 31 Mar 2018.

People also Viewed

Similar Companies Based on Brokerage & Trading Services