Pramesh Wealth Private Limited

Provides financial services including insurance, investments, and wealth management.

2014 | Vadodara, Gujarat (India) | Active
Last Updated:

Pramesh Wealth Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 5.00 M
  • Company Age 10 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.82 Cr
  • Satisfied Charges ₹ 1.69 Cr
  • Revenue Growth 31.67%
  • Profit Growth -59.86%
  • Ebitda -27.23%
  • Net Worth 3.46%
  • Total Assets 6.99%

About Pramesh Wealth

Pramesh Wealth Private Limited (PWPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 July 2014 and has a history of Ten years and eight months. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Pramesh Wealth Management Private Limited. 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 2.00 Cr and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹3.82 Cr. The company has closed loans amounting to ₹1.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramchandra Patel, Ronak Bhatt, and Ashay Shah serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67120GJ2014PTC080269

  • Company No.

    080269

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jul 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

What products or services does Pramesh Wealth Private Limited offer?

Pramesh Wealth Private Limited offers a wide range of products and services, including Corporate Finance & Leasing Advisors, Investment Service, Insurance Service, General Insurance, Insurance Agents and Services, Financial Schemes, Fund Management Services, Mutual Fund Services.

Company report

Pramesh Wealth Private Limited

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

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

Board Members (3)

NameDesignationAppointment DateStatus
Ashay Shah Country flag representing In Director 15-Sep-2020Current
Ramchandra Patel Country flag representing In Director 28-Jul-2014Current
Ronak Bhatt Country flag representing In Director 28-Jul-2014Current

Financial Performance of Pramesh Wealth.

Pramesh Wealth Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.67% increase. The company also saw a substantial fall in profitability, with a 59.86% decrease in profit. The company's net worth moved up by a moderate rise of 3.46%.

Pramesh Wealth revenue growth over time
Pramesh Wealth 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
31.67%
Revenue from Operations
31.67%
Total Assets
6.99%
Profit or Loss
-59.86%
Net Worth
3.46%
EBITDA
-27.23%

What is the Ownership and Shareholding Structure of Pramesh Wealth?

In 2023, Pramesh Wealth had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.82 Cr

Satisfied Charges

₹1.69 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.35 Cr
  • Yes Bank Limited : 1.47 Cr

Latest Charge Details

DateLenderAmountStatus
13 Dec 2023Others₹2.35 CrOpen
17 Jul 2021Yes Bank Limited₹1.47 CrOpen
23 Jul 2020Others₹2.74 MSatisfied
31 Oct 2018Others₹1.42 CrSatisfied

How Many Employees Work at Pramesh Wealth?

Pramesh Wealth has a workforce of 12 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.

Employee growth trends for Pramesh Wealth Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pramesh 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 Pramesh 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 Pramesh Wealth

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited of Rs. 1.47 Cr registered on 17 Jul 2021 with Charge ID 100470046 was modified on 02 Jan 2024.

  • Charges

    A charge with Others amounted to Rs. 2.35 Cr with Charge ID 100828718 was registered on 13 Dec 2023.

  • Annual General Meeting

    Pramesh Wealth Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

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

  • Charges

    A charge registered on 23 Jul 2020 via Charge ID 100361486 with Others was fully satisfied on 16 Aug 2021.

  • Charges

    A charge registered on 31 Oct 2018 via Charge ID 100228229 with Others was fully satisfied on 16 Aug 2021.

Frequently asked questions

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

    Pramesh Wealth Private Limited was incorporated on 28 Jul 2014.

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

    The authorized share capital of Pramesh Wealth Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 5.00 M.

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

    Currently 3 directors are associated with Pramesh Wealth Private Limited.

    • Ramchandra Ramanlal Patel
    • Ronak Navinchandra Bhatt
    • Ashay Jagdishchandra Shah

  • What is the registered address of Pramesh Wealth Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pramesh Wealth Private Limited is B/8 Vedant Bunglow Behind Delhi Public School Kalali Road Atladra, - India, Vadodara, Gujarat, 390012.

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

    The corporate identification number (CIN) of Pramesh Wealth Private Limited is U67120GJ2014PTC080269 and the company number is 080269 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pramesh Wealth Private Limited?

    The Official website of Pramesh Wealth Private Limited is https://www.prameshwealth.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Pramesh Wealth Private Limited has risen by 31.67%.

  • How many employees does Pramesh Wealth Private Limited currently have?

    As Per 2023 financial reports, 12 employees are currently employed by Pramesh Wealth Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Pramesh Wealth Private Limited has experienced an upsurge of 3.46%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Pramesh Wealth Private Limited amount to ₹ 3.82 Cr.

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

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

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