Wealthstreet Financial Services Private Limited

Financial services company offering broking, mutual fund, debt syndication, insurance, and real estate services.

2016 | Ahmedabad, Gujarat (India) | Active
Last Updated: June 16, 2024

Wealthstreet Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 1.10 Cr
  • Paid Up Capital ₹ 9.64 M
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 28.10 Cr
  • Satisfied Charges ₹ 10.00 Cr
  • Revenue Growth -3.70%
  • Profit Growth -22.46%
  • Ebitda -9.58%
  • Net Worth 11.10%
  • Total Assets -34.75%

About Wealthstreet Financial Services

Wealthstreet Financial Services Private Limited (WFSPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 November 2016 (Eight years and two months 11 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Wealthstreet Advisors 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 2023. It's a company limited by shares with an authorized capital of Rs 1.10 Cr and a paid-up capital of Rs 9.64 M.

The company currently has active open charges totaling ₹28.10 Cr. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rakesh Lahoti, Ajay Saraogi, Abhik Shah, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999GJ2016PTC094432

  • Company No.

    094432

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Nov 2016

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Wealthstreet Financial Services?

Board Members (5)

NameDesignationAppointment DateStatus
Rakesh Lahoti Country flag representing In Director 21-Nov-2016Current
Ajay Saraogi Country flag representing In Director 21-Nov-2016Current
Abhik Shah Country flag representing In Director 30-Mar-2022Current
Kunal Mehta Country flag representing In Director 22-Feb-2018Current
Kamlesh Tripathi Country flag representing In Director 22-Feb-2018Current

Financial Performance of Wealthstreet Financial Services.

Wealthstreet Financial Services Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.7% decrease. The company also saw a substantial fall in profitability, with a 22.46% decrease in profit. The company's net worth Soared by an impressive increase of 11.1%.

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
-3.70%
Revenue from Operations
-5.08%
Total Assets
-34.75%
Profit or Loss
-22.46%
Net Worth
11.10%
EBITDA
-9.58%

What is the Ownership and Shareholding Structure of Wealthstreet Financial Services?

In 2023, Wealthstreet Financial Services had a promoter holding of 65.99% and a public holding of 34.01%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹28.10 Cr

Satisfied Charges

₹10.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 28.10 Cr

Latest Charge Details

DateLenderAmountStatus
11 Nov 2022Others₹10.00 CrOpen
19 Feb 2022Others₹8.00 CrOpen
03 Jun 2020Others₹10.10 CrOpen
29 May 2018Others₹10.00 CrSatisfied

How Many Employees Work at Wealthstreet Financial Services?

Wealthstreet Financial Services has a workforce of 5 employees as of Apr 08, 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 Wealthstreet 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 Wealthstreet 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 Wealthstreet Financial Services

Recent activity within the organization

  • Annual General Meeting

    Wealthstreet Financial Services Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 11 Nov 2022 with Charge ID 100644180 was modified on 26 Sep 2023.

    26 Sep 2023

  • Balance Sheet

    Wealthstreet Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 10.10 Cr registered on 03 Jun 2020 with Charge ID 100351962 was modified on 13 Jan 2023.

    13 Jan 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100644180 was registered on 11 Nov 2022.

    11 Nov 2022

  • Director Appointment

    Abhik Jolit Shah was appointed as a Director was appointed as a Director on 30 Mar 2022 & has been associated with this company since 2 years 10 months .

    30 Mar 2022

Frequently asked questions

  • Wealthstreet Financial Services Private Limited was incorporated on 21 Nov 2016.

  • The authorized share capital of Wealthstreet Financial Services Private Limited is ₹ 1.10 Cr and paid-up capital is ₹ 9.64 M.

  • Currently 5 directors are associated with Wealthstreet Financial Services Private Limited.

    • Rakesh Baluram Lahoti
    • Ajay Radheshyam Saraogi
    • Abhik Jolit Shah
    • Kunal Bipinchandra Mehta
    • Kamlesh Rajendraprasad Tripathi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wealthstreet Financial Services Private Limited is A-1101 Mondeal Heights 11Th Floor Besides Wide Angle S.G Highway Ahmedabad-380015, Gujarat, India.

  • The corporate identification number (CIN) of Wealthstreet Financial Services Private Limited is U74999GJ2016PTC094432 and the company number is 094432 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wealthstreet Financial Services Private Limited is https://www.wealthstreet.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Wealthstreet Financial Services Private Limited has fallen by -3.70%.

  • As Per 2023 financial reports, 5 employees are currently employed by Wealthstreet Financial Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Wealthstreet Financial Services Private Limited has experienced an upsurge of 11.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Wealthstreet Financial Services Private Limited amount to ₹ 28.10 Cr.

  • The most recent Balance Sheet for Wealthstreet Financial Services Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Diversified Financial Services