Negen Wealth Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.19 M
- Company Age 4 Year, 9 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 nine months 25 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
- 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  | Director | 25-Jan-2024 | Current |
| Kashyap Vora | Director | Current | |
| Badam Ramanjaneyulu | Director | 05-Jun-2020 | Current |
| Abhimanyu Olla | Director | 06-Jul-2023 | Current |
| Jigar Shah | Director | 06-Jul-2023 | Current |
| Yogen Lavari | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue | |||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
United Infracore LimitedKrishna Sonthalia is a mutual person
Negen Capital Services Private LimitedJigar Shah is a mutual person
Equip9 Internet Private LimitedKrishna Sonthalia is a mutual person
- Avyukt Constructor Llp
Krishna Sonthalia is a mutual person
- Kaaa Infra And Financial Services Llp
Krishna Sonthalia is a mutual person
- Tatanagar Resource Private Limited
Krishna Sonthalia is a mutual person
Charges (Loans)
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.
Deals i
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
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
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 2 months .
- 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 8 months .
- 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 8 months .
- Annual General Meeting
Negen Wealth Private Limited last Annual general meeting of members was held on 10 Jun 2023 as per latest MCA records.
- Balance Sheet
Negen Wealth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- 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 9 months .
Frequently asked questions
What is the Incorporation or founding date of Negen Wealth Private Limited?
Negen Wealth Private Limited was incorporated on 05 Jun 2020.
What is authorized share capital and paid-up capital of Negen Wealth Private Limited?
The authorized share capital of Negen Wealth Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.19 M.
Who are the current board members & directors of Negen Wealth Private Limited?
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
What is the registered address of Negen Wealth Private Limited?
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.
What is the corporate identification number (CIN) and company number of Negen Wealth Private Limited?
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).
What is the official website of Negen Wealth Private Limited?
The Official website of Negen Wealth Private Limited is https://www.negenwealth.com
What change has been observed in the net worth of Negen Wealth Private Limited, and by what percentage?
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%.
When was the last Balance Sheet of Negen Wealth Private Limited filed with the ROC?
The most recent Balance Sheet for Negen Wealth Private Limited was filed with the ROC on 31 Mar 2023.
People also Viewed
RV
Reshmi VanjaraDirector