Prosperity Wealth Management Private Limited

Indian investment firm offering portfolio management and mutual funds services.

2017 | Madurai, Tamil Nadu (India) | Active
Last Updated: January 09, 2025

Prosperity Wealth Management Profile

Key Indicators

  • Authorised Capital ₹ 7.15 Cr
  • Paid Up Capital ₹ 7.13 Cr
  • Company Age 7 Year, 9 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 nine months 8 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

    pwm-india.com

  • 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

Financial Services

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

Board Members (2)

NameDesignationAppointment DateStatus
Vasudev Gupta Country flag representing In Director 18-May-2017Current
Shyam Fatehpuria Country flag representing In Director 18-May-2017Current

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%.

Graph illustrating revenue growth over time
Graph showing 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
11.30%
Revenue from Operations
19.95%
Total Assets
10.16%
Profit or Loss
-0.64%
Net Worth
10.44%
EBITDA
12.50%

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.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • 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 9 months .

    18 May 2017

  • 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 9 months .

    18 May 2017

  • Company Incorporation

    Prosperity Wealth Management Private Limited was registered on 18 May 2017 with Roc Chennai & aged 7 years 9 months as per MCA records.

    18 May 2017

Frequently asked questions

  • Prosperity Wealth Management Private Limited was incorporated on 18 May 2017.

  • The authorized share capital of Prosperity Wealth Management Private Limited is ₹ 7.15 Cr and paid-up capital is ₹ 7.13 Cr.

  • Currently 2 directors are associated with Prosperity Wealth Management Private Limited.

    • Vasudev Gupta
    • Shyam Prakash Fatehpuria
  • 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.

  • 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).

  • The Official website of Prosperity Wealth Management Private Limited is https://www.pwm-india.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Prosperity Wealth Management Private Limited has risen by 11.30%.

  • 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%.

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