Wealth First Commodities Private Limited

Financial services provider for investments and sub-broking.

2002 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 29, 2024

Wealth First Commodities Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 22 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 56.86%
  • Profit Growth -185.44%
  • Ebitda -27900.00%
  • Net Worth -2.82%
  • Total Assets -3.58%

About Wealth First Commodities

Wealth First Commodities Private Limited (WFCPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 May 2002 and has a history of 22 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Oraculo Advisory Services 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 3.00 M and a paid-up capital of Rs 3.00 M, as per Ministry of Corporate Affairs (MCA) records.

Ashish Shah and Hena Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    wealth-firstonline.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74140GJ2002PTC040801

  • Company No.

    040801

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 May 2002

  • 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 Wealth First Commodities?

Board Members (2)

NameDesignationAppointment DateStatus
Ashish Shah Country flag representing In Director 30-May-2002Current
Hena Shah Country flag representing In Director 30-May-2002Current

Financial Performance of Wealth First Commodities.

Wealth First Commodities Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 56.86% increase. The company also saw a substantial fall in profitability, with a 185.44% decrease in profit. The company's net worth dipped by a decrease of 2.82%.

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
56.86%
Revenue from Operations
Total Assets
-3.58%
Profit or Loss
-185.44%
Net Worth
-2.82%
EBITDA
-27900.00%

What is the Ownership and Shareholding Structure of Wealth First Commodities?

In 2020, Wealth First Commodities 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Wealth First Commodities?

Unlock and access historical data on people associated with Wealth First Commodities, 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 Wealth First Commodities, 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 Wealth First Commodities'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 Wealth First Commodities

Recent activity within the organization

  • Annual General Meeting

    Wealth First Commodities Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Ashish Navnitlal Shah was appointed as a Director was appointed as a Director on 30 May 2002 & has been associated with this company since 22 years 8 months .

    30 May 2002

  • Director Appointment

    Hena Ashish Shah was appointed as a Director was appointed as a Director on 30 May 2002 & has been associated with this company since 22 years 8 months .

    30 May 2002

  • Company Incorporation

    Wealth First Commodities Private Limited was registered on 30 May 2002 with Roc Ahmedabad & aged 22 years 8 months as per MCA records.

    30 May 2002

Frequently asked questions

  • Wealth First Commodities Private Limited was incorporated on 30 May 2002.

  • The authorized share capital of Wealth First Commodities Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Currently 2 directors are associated with Wealth First Commodities Private Limited.

    • Ashish Navnitlal Shah
    • Hena Ashish Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wealth First Commodities Private Limited is Capitol House 10 Paras-Ii Near Campus Cornor Prahaladnagar, Anand Nagar Road India, Ahmedabad, Gujarat, 380051.

  • The corporate identification number (CIN) of Wealth First Commodities Private Limited is U74140GJ2002PTC040801 and the company number is 040801 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wealth First Commodities Private Limited is https://www.wealth-firstonline.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Wealth First Commodities Private Limited has risen by 56.86%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Wealth First Commodities Private Limited has experienced an downturn of -2.82%.

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