Midas Wealth Advisory Private Limited

Provides financial advisory services since 2011, based in Pune, Maharashtra.

2011 | Pune, Maharashtra (India) | Active
Last Updated: December 15, 2024

Midas Wealth Advisory Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -12.20%
  • Profit Growth -50.34%
  • Ebitda -30.86%
  • Net Worth 20.00%
  • Total Assets 11.06%

About Midas Wealth Advisory

Midas Wealth Advisory Private Limited (MWAPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 April 2011 and has a history of 13 years and nine months. Its registered office is in Pune, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Smita Agrawal, Ramkumar Agrawal, Amit Mamdyal, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U67120PN2011PTC139334

  • Company No.

    139334

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Financial Services

What products or services does Midas Wealth Advisory Private Limited offer?

Midas Wealth Advisory Private Limited offers a wide range of products and services, including Tax Planners, Agents & Consultants, Tax Consultancy Service, Banks and Banking Services, Banking Service.

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

Board Members (5)

Name Designation Appointment Date Status
Charu Agrawal Country flag representing In Director 24-Feb-2021 Current
Smita Agrawal Country flag representing In Director 27-Apr-2011 Current
Ramkumar Agrawal Country flag representing In Director 27-Apr-2011 Current
Amit Mamdyal Country flag representing In Director 11-Oct-2021 Current
Prasad Satare Country flag representing In Director 03-Oct-2023 Current

Financial Performance of Midas Wealth Advisory.

Midas Wealth Advisory Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 12.2% decrease. The company also saw a substantial fall in profitability, with a 50.34% decrease in profit. The company's net worth Soared by an impressive increase of 20%.

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
-12.20%
Revenue from Operations
-14.83%
Total Assets
11.06%
Profit or Loss
-50.34%
Net Worth
20.00%
EBITDA
-30.86%

What is the Ownership and Shareholding Structure of Midas Wealth Advisory?

In 2021, Midas Wealth Advisory 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 Midas Wealth Advisory?

Unlock and access historical data on people associated with Midas Wealth Advisory, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Midas Wealth Advisory, 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 Midas Wealth Advisory'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 Midas Wealth Advisory

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Midas Wealth Advisory Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Director Appointment

    Prasad Laxman Satare was appointed as a Director was appointed as a Director on 03 Oct 2023 & has been associated with this company since 1 year 4 months .

    03 Oct 2023

  • Director Appointment

    Amit Rajaram Mamdyal was appointed as a Director was appointed as a Director on 11 Oct 2021 & has been associated with this company since 3 years 4 months .

    11 Oct 2021

  • Director Appointment

    Charu Ramkumar Agrawal was appointed as a Director was appointed as a Director on 24 Feb 2021 & has been associated with this company since 3 years 11 months .

    24 Feb 2021

  • Director Appointment

    Smita Ramkumar Agrawal was appointed as a Director was appointed as a Director on 27 Apr 2011 & has been associated with this company since 13 years 9 months .

    27 Apr 2011

Frequently asked questions

  • Midas Wealth Advisory Private Limited was incorporated on 27 Apr 2011.

  • The authorized share capital of Midas Wealth Advisory Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 5 directors are associated with Midas Wealth Advisory Private Limited.

    • Smita Ramkumar Agrawal
    • Ramkumar Sukhanandan Agrawal
    • Amit Rajaram Mamdyal
    • Charu Ramkumar Agrawal
    • Prasad Laxman Satare
  • As per Ministry of Corporate Affairs (Mca), the registered address of Midas Wealth Advisory Private Limited is A-8 Shri Mangal Palace Manik Baug, Sinhagad Road India, Pune, Maharashtra, 411051.

  • The corporate identification number (CIN) of Midas Wealth Advisory Private Limited is U67120PN2011PTC139334 and the company number is 139334 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Midas Wealth Advisory Private Limited is https://www.midas-wealth-advisory-pvt-ltd.business.site

  • According to the financial reports for the fiscal year 2021, the revenue trend for Midas Wealth Advisory Private Limited has fallen by -12.20%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Midas Wealth Advisory Private Limited has experienced an upsurge of 20.00%.

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

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