Wealth India Financial Services Private Limited

Online investment platform for mutual funds, stocks, and various investment products.

2008 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 20, 2024

Wealth India Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 33.98 Cr
  • Paid Up Capital ₹ 29.05 Cr
  • Company Age 16 Year, 3 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 three 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
  • 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 Country flag representing In 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 Country flag representing In Nominee Director 14-Aug-2023 Current
Deepak Ramineedi Country flag representing In Nominee Director 14-Aug-2023 Current
Girirajan Murugan Country flag representing In 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%.

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
24.33%
Revenue from Operations
17.04%
Total Assets
185.44%
Profit or Loss
-37.57%
Net Worth
174.68%
EBITDA
-60.89%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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 5 months 11 days .

    22 Aug 2024

  • 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.

    20 Aug 2024

  • Balance Sheet

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

    31 Mar 2024

  • 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 5 months .

    14 Aug 2023

  • 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 5 months .

    14 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 8.00 Cr with Charge ID 100334111 was registered on 13 Mar 2020.

    13 Mar 2020

Frequently asked questions

  • Wealth India Financial Services Private Limited was incorporated on 16 Oct 2008.

  • The authorized share capital of Wealth India Financial Services Private Limited is ₹ 33.98 Cr and paid-up capital is ₹ 29.05 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Wealth India Financial Services Private Limited is https://www.fundsindia.com

  • 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%.

  • As Per 2024 financial reports, 309 employees are currently employed by Wealth India Financial Services Private Limited.

  • 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%.

  • 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.

  • 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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