Negen Wealth Private Limited

Provides investment consulting and financial planning services, including direct equity offerings.

2020 | Mumbai, Maharashtra (India) | Active
Last Updated: October 27, 2024

Negen Wealth Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.19 M
  • Company Age 4 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth %
  • Profit Growth -30.76%
  • Ebitda 85.61%
  • Net Worth -98.90%
  • Total Assets -74.42%

About Negen Wealth

Negen Wealth Private Limited (NWPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 June 2020 (Four years and eight months 11 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Wealth Beans Financial Services Private Limited. The Company is engaged in the Business Outsourcing 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 1.00 M and a paid-up capital of Rs 0.19 M, as per Ministry of Corporate Affairs (MCA) records.

Krishna Sonthalia, Kashyap Vora, Badam Ramanjaneyulu, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    negenwealth.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U64990MH2020PTC340323

  • Company No.

    340323

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jun 2020

  • Date of AGM

    10 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Outsourcing

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

Board Members (6)

Name Designation Appointment Date Status
Krishna Sonthalia Country flag representing In Director 25-Jan-2024 Current
Kashyap Vora Country flag representing In Director Current
Badam Ramanjaneyulu Country flag representing In Director 05-Jun-2020 Current
Abhimanyu Olla Country flag representing In Director 06-Jul-2023 Current
Jigar Shah Country flag representing In Director 06-Jul-2023 Current
Yogen Lavari Country flag representing In Director Current

Financial Performance of Negen Wealth.

Negen Wealth Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 30.76% decrease in profit. The company's net worth observed a substantial decline by a decrease of 98.9%.

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
Revenue from Operations
Total Assets
-74.42%
Profit or Loss
-30.76%
Net Worth
-98.90%
EBITDA
85.61%

What is the Ownership and Shareholding Structure of Negen Wealth?

Unlock access to Negen Wealth's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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 Negen Wealth?

Negen Wealth has a workforce of 0 employees as of Apr 05, 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 Negen 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 Negen 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 Negen Wealth

Recent activity within the organization

  • Director Appointment

    Krishna Kant Sonthalia was appointed as a Director was appointed as a Director on 25 Jan 2024 & has been associated with this company since 1 year 21 days .

    25 Jan 2024

  • Director Appointment

    Abhimanyu Ashok Olla was appointed as a Director was appointed as a Director on 06 Jul 2023 & has been associated with this company since 1 year 7 months .

    06 Jul 2023

  • Director Appointment

    Jigar Dinesh Shah was appointed as a Director was appointed as a Director on 06 Jul 2023 & has been associated with this company since 1 year 7 months .

    06 Jul 2023

  • Annual General Meeting

    Negen Wealth Private Limited last Annual general meeting of members was held on 10 Jun 2023 as per latest MCA records.

    10 Jun 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Badam Venkata Ramanjaneyulu was appointed as a Director was appointed as a Director on 05 Jun 2020 & has been associated with this company since 4 years 8 months .

    05 Jun 2020

Frequently asked questions

  • Negen Wealth Private Limited was incorporated on 05 Jun 2020.

  • The authorized share capital of Negen Wealth Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.19 M.

  • Currently 6 directors are associated with Negen Wealth Private Limited.

    • Krishna Kant Sonthalia
    • Kashyap Mahesh Vora
    • Badam Venkata Ramanjaneyulu
    • Abhimanyu Ashok Olla
    • Jigar Dinesh Shah
    • Yogen Sevantilal Lavari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Negen Wealth Private Limited is 16Th Floor. 1609 Lodha Codename No 1 One Place Senapati Bapat Marg, Lower Parel India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Negen Wealth Private Limited is U64990MH2020PTC340323 and the company number is 340323 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Negen Wealth Private Limited is https://www.negenwealth.com

  • The financial reports for the fiscal year 2023 indicates that The net worth of Negen Wealth Private Limited has experienced an downturn of -98.90%.

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

People also Viewed

Similar Companies Based on Business & IT Consulting