Neo Wealth Management Private Limited
Offers wealth management, broking, investment advisory, and distribution services.
2021 | Mumbai, Maharashtra (India) | Active
Neo Wealth Management Profile
Key Indicators
- Authorised Capital ₹ 3.50 M
- Paid Up Capital ₹ 3.23 M
- Company Age 3 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 300.00 Cr
- Revenue Growth 342.47%
- Profit Growth -1693.32%
- Ebitda -579.94%
- Net Worth 0.70%
- Total Assets -34.99%
About Neo Wealth Management
Neo Wealth Management Private Limited (NWMPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 September 2021 (Three years and five months 14 days old ). Its registered office is in Mumbai, 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 2023. It's a company limited by shares with an authorized capital of Rs 3.50 M and a paid-up capital of Rs 3.23 M.
The company currently has active open charges totaling ₹300.00 Cr.
The Key Managerial Personnel (KMP) at Neo Wealth Management Private Limited India is Varun Bajpai as CEO. Varun Bajpai, Nitin Jain, Anupam Agal, 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
U74140MH2021PTC367572
- Company No.
367572
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Sep 2021
- Date of AGM
29 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 Neo Wealth Management?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Varun Bajpai | CEO | 13-Feb-2023 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varun Bajpai  | Director | 25-May-2022 | Current |
| Nitin Jain | Director | 16-Nov-2021 | Current |
| Anupam Agal | Director | 25-May-2022 | Current |
| Vishal Vithlani | Director | 13-Feb-2023 | Current |
| Anshul Garg | Director | 17-Aug-2022 | Current |
Financial Performance of Neo Wealth Management.
Neo Wealth Management Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 342.47% increase. The company also saw a substantial fall in profitability, with a 1693.32% decrease in profit. The company's net worth moved up by a moderate rise of 0.7%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Neo Wealth Management?
In 2023, Neo Wealth Management had a promoter holding of 55.74% and a public holding of 44.25%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Neo Asset Management Private LimitedVarun Bajpai and Nitin Jain are mutual person
Brick Eagle Affordable Housing Finance LimitedNitin Jain is a mutual person
Neo Wealth Partners Private LimitedNitin Jain is a mutual person
Nvr Iron Ore Private LimitedVishal Vithlani is a mutual person
- Npspl Pellets Private Limited
Vishal Vithlani is a mutual person
- Narbheram Power And Steel Private Limited
Vishal Vithlani is a mutual person
Charges (Loans)
Open Charges
₹3,000.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 150.00 Cr
- Others : 150.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Nov 2023 | Others | ₹20.00 Cr | Open |
| 22 Sep 2023 | Others | ₹30.00 Cr | Open |
| 17 Aug 2023 | Others | ₹100.00 Cr | Open |
| 10 Jul 2023 | Axis Bank Limited | ₹150.00 Cr | Open |
How Many Employees Work at Neo Wealth Management?
Neo Wealth Management has a workforce of 136 employees as of Jun 27, 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 Neo Wealth Management, 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 Neo Wealth Management'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.
