

Prosperity Wealth Management Profile
Key Indicators
- Authorised Capital ₹ 7.15 Cr
- Paid Up Capital ₹ 7.13 Cr
- Company Age 7 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 11.30%
- Profit Growth -0.64%
- Ebitda 12.50%
- Net Worth 10.44%
- Total Assets 10.16%
About Prosperity Wealth Management
Prosperity Wealth Management Private Limited (PWMPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 May 2017 (Seven years and 11 months 29 days old ). Its registered office is in Madurai, Tamil Nadu, India.
The Corporate was formerly known as Prosperity Technology 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 2024. It's a company limited by shares with an authorized capital of Rs 7.15 Cr and a paid-up capital of Rs 7.13 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vasudev Gupta and Shyam Fatehpuria serve as directors at the Company.
Company Details
- Location
Madurai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72900TN2017PTC116593
- Company No.
116593
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 May 2017
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Prosperity Wealth Management?
Board Members (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Vasudev Gupta ![]() | Director | 18-May-2017 | Current |
Shyam Fatehpuria ![]() | Director | 18-May-2017 | Current |
Financial Performance of Prosperity Wealth Management.
Prosperity Wealth Management Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 11.3% increase. The company also saw a slight decrease in profitability, with a 0.64% decrease in profit. The company's net worth Soared by an impressive increase of 10.44%.


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What is the Ownership and Shareholding Structure of Prosperity Wealth Management?
In 2022, Prosperity Wealth Management had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Shakti Cords Private Limited
Vasudev Gupta and Shyam Fatehpuria are mutual person
- G D Textiles (Madurai) Private Limited
Vasudev Gupta and Shyam Fatehpuria are mutual person
- One World Industrial Textiles Private Limited
Vasudev Gupta and Shyam Fatehpuria are mutual person
- Prosperity Capital Private Limited
Vasudev Gupta and Shyam Fatehpuria are mutual person
- Sustenance Ventures Private Limited
Vasudev Gupta is a mutual person
Charges (Loans)

There are no open charges registered against the company as per our records.
How Many Employees Work at Prosperity Wealth Management?
Unlock and access historical data on people associated with Prosperity Wealth Management, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Prosperity 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 Prosperity 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.
Latest Updates, News, and FAQs on Prosperity Wealth Management
Recent activity within the organization
- Annual General Meeting
Prosperity Wealth Management Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Prosperity Wealth Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Vasudev Gupta was appointed as a Director was appointed as a Director on 18 May 2017 & has been associated with this company since 7 years 11 months .
- Director Appointment
Shyam Prakash Fatehpuria was appointed as a Director was appointed as a Director on 18 May 2017 & has been associated with this company since 7 years 11 months .
- Company Incorporation
Prosperity Wealth Management Private Limited was registered on 18 May 2017 with Roc Chennai & aged 7 years 11 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Prosperity Wealth Management Private Limited?
Prosperity Wealth Management Private Limited was incorporated on 18 May 2017.
What is authorized share capital and paid-up capital of Prosperity Wealth Management Private Limited?
The authorized share capital of Prosperity Wealth Management Private Limited is ₹ 7.15 Cr and paid-up capital is ₹ 7.13 Cr.
Who are the current board members & directors of Prosperity Wealth Management Private Limited?
Currently 2 directors are associated with Prosperity Wealth Management Private Limited.
- Vasudev Gupta
- Shyam Prakash Fatehpuria
What is the registered address of Prosperity Wealth Management Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prosperity Wealth Management Private Limited is No. 14, Dr. Skvs Thangaraj Road Vinayagar Nagar India, Madurai, Tamil Nadu, 625020.
What is the corporate identification number (CIN) and company number of Prosperity Wealth Management Private Limited?
The corporate identification number (CIN) of Prosperity Wealth Management Private Limited is U72900TN2017PTC116593 and the company number is 116593 as per Ministry of Corporate Affairs (MCA).
What is the official website of Prosperity Wealth Management Private Limited?
The Official website of Prosperity Wealth Management Private Limited is https://www.pwm-india.com
What has been the recent revenue trend for Prosperity Wealth Management Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Prosperity Wealth Management Private Limited has risen by 11.30%.
What change has been observed in the net worth of Prosperity Wealth Management Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Prosperity Wealth Management Private Limited has experienced an upsurge of 10.44%.
When was the last Balance Sheet of Prosperity Wealth Management Private Limited filed with the ROC?
The most recent Balance Sheet for Prosperity Wealth Management Private Limited was filed with the ROC on 31 Mar 2024.
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