Motilal Oswal Wealth Limited

Financial services for high net worth clients, part of Motilal Oswal Group.

2002 | Mumbai, Maharashtra (India) | Active
Last Updated:

Motilal Oswal Wealth Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.81 M
  • Company Age 23 Year, 23 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,250.00 Cr
  • Revenue Growth -10.72%
  • Profit Growth -45.16%
  • Ebitda -42.58%
  • Net Worth 24.67%
  • Total Assets 24.79%

About Motilal Oswal Wealth

Motilal Oswal Wealth Limited (MOWL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 March 2002 and has a history of 23 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Motilal Oswal Wealth Management 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 1.50 M and a paid-up capital of Rs 0.81 M.

The company currently has active open charges totaling ₹2,250.00 Cr.

The Key Managerial Personnel (KMP) at Motilal Oswal Wealth Limited India is Ashish Shanker as CEO. Sandipan Roy, Neetu Juneja, Ashish Shanker, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67110MH2002PLC135075

  • Company No.

    135075

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Mar 2002

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Motilal Oswal Wealth?

Executive Team (1)

NameDesignationAppointment DateStatus
Ashish Shanker CEO10-Sep-2021Current

Board Members (4)

NameDesignationAppointment DateStatus
Ajaykumar Menon Country flag representing In Director 20-Jan-2014Current
Sandipan Roy Whole-Time Director 12-Aug-2024Current
Neetu Juneja Director 25-Oct-2024Current
Harsh Joshi Country flag representing In Director 21-Nov-2014Current

Financial Performance of Motilal Oswal Wealth.

Motilal Oswal Wealth Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.72% decrease. The company also saw a substantial fall in profitability, with a 45.16% decrease in profit. The company's net worth Soared by an impressive increase of 24.67%.

Motilal Oswal Wealth revenue growth over time
Motilal Oswal 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
-10.72%
Revenue from Operations
-10.74%
Total Assets
24.79%
Profit or Loss
-45.16%
Net Worth
24.67%
EBITDA
-42.58%

What is the Ownership and Shareholding Structure of Motilal Oswal Wealth?

In 2023, Motilal Oswal 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)

Open Charges

₹22,500.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2150.00 Cr
  • Others : 100.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Sep 2023Others₹100.00 CrOpen
20 Jul 2021Axis Bank Limited₹2,150.00 CrOpen

How Many Employees Work at Motilal Oswal Wealth?

Motilal Oswal Wealth has a workforce of 280 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.

Employee growth trends for Motilal Oswal Wealth Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Motilal Oswal 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 Motilal Oswal 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 Motilal Oswal Wealth

Recent activity within the organization

  • Director Appointment

    Neetu Rakesh Juneja was appointed as a Director was appointed as a Director on 25 Oct 2024 & has been associated with this company since 5 months 3 days .

  • Annual General Meeting

    Motilal Oswal Wealth Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

  • Director Appointment

    Sandipan Roy was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Aug 2024 & has been associated with this company since 7 months 16 days .

  • Balance Sheet

    Motilal Oswal Wealth Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Axis Bank Limited of Rs. 21,500.00 M registered on 20 Jul 2021 with Charge ID 100470739 was modified on 26 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 1,000.00 M with Charge ID 100788457 was registered on 26 Sep 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Motilal Oswal Wealth Limited?

    Motilal Oswal Wealth Limited was incorporated on 06 Mar 2002.

  • What is authorized share capital and paid-up capital of Motilal Oswal Wealth Limited?

    The authorized share capital of Motilal Oswal Wealth Limited is ₹ 1.50 M and paid-up capital is ₹ 0.81 M.

  • Who are the current board members & directors of Motilal Oswal Wealth Limited?

    Currently 6 directors are associated with Motilal Oswal Wealth Limited.

    • Sandipan Roy
    • Neetu Rakesh Juneja
    • Ashish Shanker
    • Ashish Shanker
    • Harsh Kanaiyalal Joshi
    • Ajaykumar Sreedhara Menon
  • What is the registered address of Motilal Oswal Wealth Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Motilal Oswal Wealth Limited is Motilal Oswal Tower 6Th Floor Rahimtullah Sayani Road Opposite Parel St Depot Prabhadev I, India, Mumbai, Maharashtra, 400025.

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

    The corporate identification number (CIN) of Motilal Oswal Wealth Limited is U67110MH2002PLC135075 and the company number is 135075 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Motilal Oswal Wealth Limited?

    The Official website of Motilal Oswal Wealth Limited is https://www.motilaloswalpwm.com

  • What has been the recent revenue trend for Motilal Oswal Wealth Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Motilal Oswal Wealth Limited has fallen by -10.72%.

  • How many employees does Motilal Oswal Wealth Limited currently have?

    As Per 2023 financial reports, 280 employees are currently employed by Motilal Oswal Wealth Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Motilal Oswal Wealth Limited has experienced an upsurge of 24.67%.

  • What are the total open charges for Motilal Oswal Wealth Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Motilal Oswal Wealth Limited amount to ₹ 2,250.00 Cr.

  • When was the last Balance Sheet of Motilal Oswal Wealth Limited filed with the ROC?

    The most recent Balance Sheet for Motilal Oswal Wealth Limited was filed with the ROC on 31 Mar 2024.