Motilal Oswal Wealth Limited

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

2002 | Mumbai, Maharashtra (India) | Active
Last Updated: July 06, 2024

Motilal Oswal Wealth Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.81 M
  • Company Age 22 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2,600.00 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 22 years and 11 months. 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 2023. 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 ₹2,600.00 Cr.

The Key Managerial Personnel (KMP) at Motilal Oswal Wealth Limited India is Ashish Shanker as CEO. Ashish Shanker, Ajaykumar Menon, and Harsh Joshi serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    motilaloswalpwm.com

  • 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

    22 Sep 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 Motilal Oswal Wealth?

Executive Team (1)

NameDesignationAppointment DateStatus
Ashish Shanker CEO10-Sep-2021Current

Board Members (2)

NameDesignationAppointment DateStatus
Ajaykumar Menon Country flag representing In Director 20-Jan-2014Current
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%.

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
-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

₹26,000.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2500.00 Cr
  • Others : 100.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Sep 2023Others₹100.00 CrOpen
20 Jul 2021Axis Bank Limited₹2,500.00 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.

Graph showing employee growth trends

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

  • Charges

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

    26 Sep 2023

  • Annual General Meeting

    Motilal Oswal Wealth Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

    22 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 25,000.00 M registered on 20 Jul 2021 with Charge ID 100470739 was modified on 22 Sep 2022.

    22 Sep 2022

  • Director Appointment

    Ashish Shanker was appointed as a Managing Director was appointed as a Managing Director on 27 Aug 2022 & has been associated with this company since 2 years 5 months .

    27 Aug 2022

  • Director Appointment

    Ashish Shanker was appointed as a Ceo was appointed as a Ceo on 10 Sep 2021 & has been associated with this company since 3 years 5 months .

    10 Sep 2021

Frequently asked questions

  • Motilal Oswal Wealth Limited was incorporated on 06 Mar 2002.

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

  • Currently 4 directors are associated with Motilal Oswal Wealth Limited.

    • Ashish Shanker
    • Ashish Shanker
    • Ajaykumar Sreedhara Menon
    • Harsh Kanaiyalal Joshi
  • 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, Mumbai, Maharashtra, India, 400025.

  • 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).

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

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

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

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Motilal Oswal Wealth Limited amount to ₹ 2,600.00 Cr.

  • The most recent Balance Sheet for Motilal Oswal Wealth Limited was filed with the ROC on 31 Mar 2023.

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