Wealth India Financial Services Profile
Key Indicators
- Authorised Capital ₹ 33.98 Cr
- Paid Up Capital ₹ 29.05 Cr
- Company Age 16 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8.00 Cr
- Revenue Growth 24.33%
- Profit Growth -37.57%
- Ebitda -60.89%
- Net Worth 174.68%
- Total Assets 185.44%
About Wealth India Financial Services
Wealth India Financial Services Private Limited (WIFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 October 2008 and has a history of 16 years and four months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Internet 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 33.98 Cr and a paid-up capital of Rs 29.05 Cr.
The company currently has active open charges totaling ₹8.00 Cr.
The Key Managerial Personnel (KMP) at Wealth India Financial Services Private Limited India are Girirajan Murugan as Ceo, Sarada Srinivasan as Company Secretary, and Srinivas Subudhi as Cfo. Sandeep Singhal, Deepak Ramineedi, and Girirajan Murugan serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U67120TN2008PTC069572
- Company No.
069572
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Oct 2008
- Date of AGM
20 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Internet
What products or services does Wealth India Financial Services Private Limited offer?
Wealth India Financial Services Private Limited offers a wide range of products and services, including Investment Service, Mutual Fund Services, Stock Trading/Money Market, Share Trading Services, Financial Service, Financial Planning, Real Estate Services, Investment Consultants, Banking Service, Saving Account Services.
Who are the key members and board of directors at Wealth India Financial Services?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Girirajan Murugan  | CEO | 21-Jun-2019 | Current |
| Sarada Srinivasan | Company Secretary | 10-Feb-2020 | Current |
| Srinivas Subudhi | CFO | 22-Aug-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sandeep Singhal | Nominee Director | 14-Aug-2023 | Current |
| Deepak Ramineedi | Nominee Director | 14-Aug-2023 | Current |
| Girirajan Murugan | Director and Ceo | 14-Jun-2019 | Current |
Financial Performance of Wealth India Financial Services.
Wealth India Financial Services Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 24.33% increase. The company also saw a substantial fall in profitability, with a 37.57% decrease in profit. The company's net worth Soared by an impressive increase of 174.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Wealth India Financial Services?
In 2024, Wealth India Financial Services 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)
Vini Cosmetics Private LimitedSandeep Singhal is a mutual person
Tss Consultancy Private LimitedDeepak Ramineedi is a mutual person
Mountain Managers Private LimitedSandeep Singhal is a mutual person
Kpn Farm Fresh Private LimitedSandeep Singhal is a mutual person
Innovent Spaces Private LimitedSandeep Singhal is a mutual person
Kuhoo Finance Private LimitedDeepak Ramineedi is a mutual person
Charges (Loans)
Open Charges
₹8.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 8.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Mar 2020 | Hdfc Bank Limited | ₹8.00 Cr | Open |
How Many Employees Work at Wealth India Financial Services?
Wealth India Financial Services has a workforce of 309 employees as of Nov 09, 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 Wealth India Financial Services, 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 India Financial Services'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 Wealth India Financial Services
Recent activity within the organization
- Director Appointment
Srinivas Subudhi was appointed as a Cfo was appointed as a Cfo on 22 Aug 2024 & has been associated with this company since 6 months 12 days .
- Annual General Meeting
Wealth India Financial Services Private Limited last Annual general meeting of members was held on 20 Aug 2024 as per latest MCA records.
- Balance Sheet
Wealth India Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Sandeep Singhal was appointed as a Nominee Director was appointed as a Nominee Director on 14 Aug 2023 & has been associated with this company since 1 year 6 months .
- Director Appointment
Deepak Ramineedi was appointed as a Nominee Director was appointed as a Nominee Director on 14 Aug 2023 & has been associated with this company since 1 year 6 months .
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.00 Cr with Charge ID 100334111 was registered on 13 Mar 2020.
Recent News, Updates & Announcement
- Abraaj Investment Firm Collapses After Investor Dispute: RIP.
Investment firm Abraaj went boom after a fight with investors. RIP..
Frequently asked questions
What is the Incorporation or founding date of Wealth India Financial Services Private Limited?
Wealth India Financial Services Private Limited was incorporated on 16 Oct 2008.
What is authorized share capital and paid-up capital of Wealth India Financial Services Private Limited?
The authorized share capital of Wealth India Financial Services Private Limited is ₹ 33.98 Cr and paid-up capital is ₹ 29.05 Cr.
Who are the current board members & directors of Wealth India Financial Services Private Limited?
Currently 6 directors are associated with Wealth India Financial Services Private Limited.
- Sandeep Singhal
- Deepak Ramineedi
- Girirajan Murugan
- Girirajan Murugan
- Sarada Priya Srinivasan
- Srinivas Subudhi
What is the registered address of Wealth India Financial Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Wealth India Financial Services Private Limited is 3Rd Floor Indiqube Wave 438/1 Sundaram Avenue, Anna Salai India, Chennai, Tamil Nadu, 600006.
What is the corporate identification number (CIN) and company number of Wealth India Financial Services Private Limited?
The corporate identification number (CIN) of Wealth India Financial Services Private Limited is U67120TN2008PTC069572 and the company number is 069572 as per Ministry of Corporate Affairs (MCA).
What is the official website of Wealth India Financial Services Private Limited?
The Official website of Wealth India Financial Services Private Limited is https://www.fundsindia.com
What has been the recent revenue trend for Wealth India Financial Services Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Wealth India Financial Services Private Limited has risen by 24.33%.
How many employees does Wealth India Financial Services Private Limited currently have?
As Per 2024 financial reports, 309 employees are currently employed by Wealth India Financial Services Private Limited.
What change has been observed in the net worth of Wealth India Financial Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Wealth India Financial Services Private Limited has experienced an upsurge of 174.68%.
What are the total open charges for Wealth India Financial Services Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Wealth India Financial Services Private Limited amount to ₹ 8.00 Cr.
When was the last Balance Sheet of Wealth India Financial Services Private Limited filed with the ROC?
The most recent Balance Sheet for Wealth India Financial Services Private Limited was filed with the ROC on 31 Mar 2024.
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