Neo Wealth Management Private Limited

Offers wealth management, broking, investment advisory, and distribution services.

2021 | Mumbai, Maharashtra (India) | Active
Last Updated:

Neo Wealth Management Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.23 M
  • Company Age 3 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 460.50 Cr
  • Satisfied Charges ₹ 20.00 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 seven months 12 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 2024. 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 ₹460.50 Cr. The company has closed loans amounting to ₹20.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Neo Wealth Management Private Limited India is Varun Bajpai as CEO. Vishal Vithlani, Anupam Agal, Varun Bajpai, 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

    U74140MH2021PTC367572

  • Company No.

    367572

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Sep 2021

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Neo Wealth Management Private Limited

Explore comprehensive data for Neo Wealth Management Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Varun Bajpai CEO17-Mar-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Varun Bajpai Country flag representing In Director 25-May-2022Current
Nitin Jain Country flag representing In Director 16-Nov-2021Current
Anupam Agal Country flag representing In Director 25-May-2022Current
Vishal Vithlani Country flag representing In Director 13-Feb-2023Current
Gaurav Atha Country flag representing In Director 30-Jul-2024Current
Pawan Kumar Director 30-Jul-2024Current

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%.

Neo Wealth Management revenue growth over time
Neo Wealth Management 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
342.47%
Revenue from Operations
148.85%
Total Assets
-34.99%
Profit or Loss
-1693.32%
Net Worth
0.70%
EBITDA
-579.94%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4,605.00 M

Satisfied Charges

₹200.00 M

Charges Breakdown by Lending Institutions

  • Others : 310.50 Cr
  • Axis Bank Limited : 150.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Nov 2024Others₹130.50 CrOpen
18 Dec 2023Others₹50.00 CrOpen
22 Sep 2023Others₹30.00 CrOpen
17 Aug 2023Others₹100.00 CrOpen
10 Jul 2023Axis Bank Limited₹150.00 CrOpen

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.

Employee growth trends for Neo Wealth Management Private Limited

Deals i

Graph showing company valuation over time

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

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 Neo Wealth Management

Recent activity within the organization

  • Charges

    A charge registered on 02 Nov 2023 via Charge ID 100814958 with Others was fully satisfied on 20 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 1,305.00 M with Charge ID 101023760 was registered on 29 Nov 2024.

  • Annual General Meeting

    Neo Wealth Management Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Gaurav Atha was appointed as a Director was appointed as a Director on 30 Jul 2024 & has been associated with this company since 8 months 28 days .

  • Director Appointment

    Pawan Kumar was appointed as a Director was appointed as a Director on 30 Jul 2024 & has been associated with this company since 8 months 28 days .

  • Balance Sheet

    Neo Wealth Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

Frequently asked questions

  • What is the Incorporation or founding date of Neo Wealth Management Private Limited?

    Neo Wealth Management Private Limited was incorporated on 15 Sep 2021.

  • What is authorized share capital and paid-up capital of Neo Wealth Management Private Limited?

    The authorized share capital of Neo Wealth Management Private Limited is ₹ 3.50 M and paid-up capital is ₹ 3.23 M.

  • Who are the current board members & directors of Neo Wealth Management Private Limited?

    Currently 7 directors are associated with Neo Wealth Management Private Limited.

    • Vishal Jayprakash Vithlani
    • Anupam Agal
    • Varun Bajpai
    • Gaurav Atha
    • Nitin Jain
    • Pawan Kumar
    • Varun Bajpai

  • What is the registered address of Neo Wealth Management Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Neo Wealth Management Private Limited is 903 B-Wing 9Th Floor Marathon Futurex Mafatlal Mills Compound N.M. Joshi Marg, Lower P Arel India, Mumbai, Maharashtra, 400013.

  • What is the corporate identification number (CIN) and company number of Neo Wealth Management Private Limited?

    The corporate identification number (CIN) of Neo Wealth Management Private Limited is U74140MH2021PTC367572 and the company number is 367572 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Neo Wealth Management Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Neo Wealth Management Private Limited has risen by 342.47%.

  • How many employees does Neo Wealth Management Private Limited currently have?

    As Per 2023 financial reports, 136 employees are currently employed by Neo Wealth Management Private Limited.

  • What change has been observed in the net worth of Neo Wealth Management Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Neo Wealth Management Private Limited has experienced an upsurge of 0.70%.

  • What are the total open charges for Neo Wealth Management Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Neo Wealth Management Private Limited amount to ₹ 460.50 Cr.

  • When was the last Balance Sheet of Neo Wealth Management Private Limited filed with the ROC?

    The most recent Balance Sheet for Neo Wealth Management Private Limited was filed with the ROC on 31 Mar 2024.

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