Wealthmax Enterprises Management Private Limited

Financial product distribution, consulting, brokerage, wealth management, insurance, loans, investments, industry assistance.

2004 | Hyderabad, Telangana (India) | Active
Last Updated: July 17, 2024

Wealthmax Enterprises Management Profile

Key Indicators

  • Authorised Capital ₹ 8.70 M
  • Paid Up Capital ₹ 7.28 M
  • Company Age 20 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.75 M
  • Revenue Growth -57.02%
  • Profit Growth -106.55%
  • Ebitda -113.54%
  • Net Worth -7.42%
  • Total Assets -9.72%

About Wealthmax Enterprises Management

Wealthmax Enterprises Management Private Limited (WEMPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 April 2004 and has a history of 20 years and nine months. Its registered office is in Hyderabad, Telangana, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 8.70 M and a paid-up capital of Rs 7.28 M.

The company currently has active open charges totaling ₹2.75 M.

Tara Ravindran and Ravindran Lakshmanan serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74140TG2004PTC043118

  • Company No.

    043118

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Apr 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Wealthmax Enterprises Management?

Executive Team (1)

NameDesignationAppointment DateStatus
Ravindran Lakshmanan Country flag representing In Managing Director23-Apr-2004Current

Board Members (1)

NameDesignationAppointment DateStatus
Tara Ravindran Country flag representing In Director 23-Apr-2004Current

Financial Performance of Wealthmax Enterprises Management.

Wealthmax Enterprises Management Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 57.02% decrease. The company also saw a substantial fall in profitability, with a 106.55% decrease in profit. The company's net worth dipped by a decrease of 7.42%.

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
-57.02%
Revenue from Operations
-66.33%
Total Assets
-9.72%
Profit or Loss
-106.55%
Net Worth
-7.42%
EBITDA
-113.54%

What is the Ownership and Shareholding Structure of Wealthmax Enterprises Management?

In 2023, Wealthmax Enterprises Management had a promoter holding of 36.37% and a public holding of 63.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.75 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.28 Cr

Latest Charge Details

DateLenderAmountStatus
27 Mar 2008Others₹2.75 MOpen

How Many Employees Work at Wealthmax Enterprises Management?

Unlock and access historical data on people associated with Wealthmax Enterprises 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 Wealthmax Enterprises 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 Wealthmax Enterprises 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 Wealthmax Enterprises Management

Recent activity within the organization

  • Annual General Meeting

    Wealthmax Enterprises Management Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Wealthmax Enterprises Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 2.75 M registered on 27 Mar 2008 with Charge ID 10098857 was modified on 23 Nov 2020.

    23 Nov 2020

  • Charges

    A charge with Others amounted to Rs. 2.75 M with Charge ID 10098857 was registered on 27 Mar 2008.

    27 Mar 2008

  • Director Appointment

    Tara Ravindran was appointed as a Director was appointed as a Director on 23 Apr 2004 & has been associated with this company since 20 years 9 months .

    23 Apr 2004

  • Director Appointment

    Ravindran Lakshmanan was appointed as a Managing Director was appointed as a Managing Director on 23 Apr 2004 & has been associated with this company since 20 years 9 months .

    23 Apr 2004

Frequently asked questions

  • Wealthmax Enterprises Management Private Limited was incorporated on 23 Apr 2004.

  • The authorized share capital of Wealthmax Enterprises Management Private Limited is ₹ 8.70 M and paid-up capital is ₹ 7.28 M.

  • Currently 2 directors are associated with Wealthmax Enterprises Management Private Limited.

    • Tara Ravindran
    • Ravindran Lakshmanan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wealthmax Enterprises Management Private Limited is 4-1-999 Abids Road, Hyderabad, Telangana, India, 500001.

  • The corporate identification number (CIN) of Wealthmax Enterprises Management Private Limited is U74140TG2004PTC043118 and the company number is 043118 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wealthmax Enterprises Management Private Limited is https://www.wealthmaxindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Wealthmax Enterprises Management Private Limited has fallen by -57.02%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Wealthmax Enterprises Management Private Limited has experienced an downturn of -7.42%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Wealthmax Enterprises Management Private Limited amount to ₹ 2.75 M.

  • The most recent Balance Sheet for Wealthmax Enterprises Management Private Limited was filed with the ROC on 31 Mar 2023.

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