Pramesh Wealth Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 5.00 M
- Company Age 10 Year, 6 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 six 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
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Location
Vadodara, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U67120GJ2014PTC080269
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Company No.
080269
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
28 Jul 2014
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
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.
Who are the key members and board of directors at Pramesh Wealth?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashay Shah
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Director | 15-Sep-2020 | Current |
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Ramchandra Patel
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Director | 28-Jul-2014 | Current |
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Ronak Bhatt
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Director | 28-Jul-2014 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Fortune Fiscal LtdAshay Shah is a mutual person
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Pramesh Securities Pvt. Ltd.Ramchandra Patel and Ronak Bhatt are mutual person
Charges (Loans)
₹3.82 Cr
₹1.69 Cr
Charges Breakdown by Lending Institutions
- Others : 2.35 Cr
- Yes Bank Limited : 1.47 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Dec 2023 | Others | ₹2.35 Cr | Open |
| 17 Jul 2021 | Yes Bank Limited | ₹1.47 Cr | Open |
| 23 Jul 2020 | Others | ₹2.74 M | Satisfied |
| 31 Oct 2018 | Others | ₹1.42 Cr | Satisfied |
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.
Deals i
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
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.
