Neo Wealth Management Profile
Key Indicators
- Authorised Capital ₹ 3.50 M
as on 18-07-2024
- Paid Up Capital ₹ 3.23 M
as on 18-07-2024
- Company Age 3 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 300.00 Cr
as on 18-07-2024
- Revenue 342.47%
(FY 2023)
- Profit -1693.32%
(FY 2023)
- Ebitda -579.94%
(FY 2023)
- Net Worth 0.70%
(FY 2023)
- Total Assets -34.99%
(FY 2023)
About Neo Wealth Management
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.
- 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
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
-
- Social Media-
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 and Corporate Structure Insights 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
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (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 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 LimitedActive 3 years 1 monthVarun Bajpai and Nitin Jain are mutual person
- Narbheram Power And Steel Private LimitedActive 25 years 6 months
Vishal Vithlani is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 02 Nov 2023 | ₹20.00 Cr | Open |
Others Creation Date: 22 Sep 2023 | ₹30.00 Cr | Open |
Others Creation Date: 17 Aug 2023 | ₹100.00 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.
