Roongta Rising Wealth Management Private Limited

Provides securities brokerage and wealth management services for various financial instruments.

2010 | Surat, Gujarat (India) | Active
Last Updated: November 16, 2024

Roongta Rising Wealth Management Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 14 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 35.00 Cr
  • Revenue Growth 60.12%
  • Profit Growth -95.53%
  • Ebitda -301.35%
  • Net Worth 1.80%
  • Total Assets 11.43%

About Roongta Rising Wealth Management

Roongta Rising Wealth Management Private Limited (RRWMPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 June 2010 and has a history of 14 years and seven months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Roongta Rising Wealth Management 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 1.00 M and a paid-up capital of Rs 0.50 M.

The company has closed loans amounting to ₹35.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Anil Roongta, Ankit Roongta, Sanjay Pareek, and One other member serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67120GJ2010PTC061190

  • Company No.

    061190

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jun 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

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

Executive Team (1)

Name Designation Appointment Date Status
Sanjay Pareek Country flag representing In Managing Director 21-Jun-2010 Current

Board Members (3)

Name Designation Appointment Date Status
Anil Roongta Country flag representing In Director 06-Jun-2011 Current
Ankit Roongta Country flag representing In Director 11-Aug-2011 Current
Ankur Roongta Country flag representing In Director 17-Jan-2019 Current

Financial Performance of Roongta Rising Wealth Management.

Roongta Rising Wealth Management Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 60.12% increase. The company also saw a substantial fall in profitability, with a 95.53% decrease in profit. The company's net worth moved up by a moderate rise of 1.8%.

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
60.12%
Revenue from Operations
Total Assets
11.43%
Profit or Loss
-95.53%
Net Worth
1.80%
EBITDA
-301.35%

What is the Ownership and Shareholding Structure of Roongta Rising Wealth Management?

In 2023, Roongta Rising Wealth Management 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

₹0

Satisfied Charges

₹350.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 35.00 Cr

Latest Charge Details

Date Lender Amount Status
16 May 2022 State Bank Of India ₹35.00 Cr Satisfied

How Many Employees Work at Roongta Rising Wealth Management?

Roongta Rising Wealth Management has a workforce of 9 employees as of Apr 01, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Roongta Rising 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 Roongta Rising 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 Roongta Rising Wealth Management

Recent activity within the organization

  • Charges

    A charge registered on 16 May 2022 via Charge ID 100583948 with State Bank Of India was fully satisfied on 03 Oct 2024.

    03 Oct 2024

  • Annual General Meeting

    Roongta Rising 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

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

    31 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 350.00 M with Charge ID 100583948 was registered on 16 May 2022.

    16 May 2022

  • Director Appointment

    Ankur Roongta was appointed as a Director was appointed as a Director on 17 Jan 2019 & has been associated with this company since 6 years 22 days .

    17 Jan 2019

  • Director Appointment

    Ankit Roongta was appointed as a Director was appointed as a Director on 11 Aug 2011 & has been associated with this company since 13 years 6 months .

    11 Aug 2011

Frequently asked questions

  • Roongta Rising Wealth Management Private Limited was incorporated on 21 Jun 2010.

  • The authorized share capital of Roongta Rising Wealth Management Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 4 directors are associated with Roongta Rising Wealth Management Private Limited.

    • Anil Roongta
    • Ankit Roongta
    • Sanjay Kumar Pareek
    • Ankur Roongta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Roongta Rising Wealth Management Private Limited is 4Th Floor Roongta Shopping Center Vip Road, India, Surat, Gujarat, 395007.

  • The corporate identification number (CIN) of Roongta Rising Wealth Management Private Limited is U67120GJ2010PTC061190 and the company number is 061190 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Roongta Rising Wealth Management Private Limited is https://www.roongtarising.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Roongta Rising Wealth Management Private Limited has risen by 60.12%.

  • As Per 2023 financial reports, 9 employees are currently employed by Roongta Rising Wealth Management Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Roongta Rising Wealth Management Private Limited has experienced an upsurge of 1.80%.

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

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