Wealthstreet Financial Services Profile
Key Indicators
- Authorised Capital ₹ 1.10 Cr
- Paid Up Capital ₹ 9.64 M
- Company Age 8 Year, 3 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 three months 10 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
- Website
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rakesh Lahoti  | Director | 21-Nov-2016 | Current |
| Ajay Saraogi | Director | 21-Nov-2016 | Current |
| Abhik Shah | Director | 30-Mar-2022 | Current |
| Kunal Mehta | Director | 22-Feb-2018 | Current |
| Kamlesh Tripathi | Director | 22-Feb-2018 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Raru Capital Ifsc Private LimitedRakesh Lahoti is a mutual person
Ashapura Container Freight Station Private LimitedKamlesh Tripathi is a mutual person
Aalps Equitrade LlpRakesh Lahoti, Ajay Saraogi and 2 more are mutual person
- Wealthstreet Finmart Private Limited
Rakesh Lahoti and Ajay Saraogi are mutual person
- Raru Advisors Private Limited
Rakesh Lahoti is a mutual person
- Earthstone Finserve Llp
Ajay Saraogi and Abhik Shah are mutual person
Charges (Loans)
Open Charges
₹28.10 Cr
Satisfied Charges
₹10.00 Cr
Charges Breakdown by Lending Institutions
- Others : 28.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Nov 2022 | Others | ₹10.00 Cr | Open |
| 19 Feb 2022 | Others | ₹8.00 Cr | Open |
| 03 Jun 2020 | Others | ₹10.10 Cr | Open |
| 29 May 2018 | Others | ₹10.00 Cr | Satisfied |
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.
Deals i
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
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 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.
- 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.
- Balance Sheet
Wealthstreet Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- 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.
- Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100644180 was registered on 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 11 months .
Frequently asked questions
What is the Incorporation or founding date of Wealthstreet Financial Services Private Limited?
Wealthstreet Financial Services Private Limited was incorporated on 21 Nov 2016.
What is authorized share capital and paid-up capital of Wealthstreet Financial Services Private Limited?
The authorized share capital of Wealthstreet Financial Services Private Limited is ₹ 1.10 Cr and paid-up capital is ₹ 9.64 M.
Who are the current board members & directors of Wealthstreet Financial Services Private Limited?
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
What is the registered address of Wealthstreet Financial Services Private Limited?
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.
What is the corporate identification number (CIN) and company number of Wealthstreet Financial Services Private Limited?
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).
What is the official website of Wealthstreet Financial Services Private Limited?
The Official website of Wealthstreet Financial Services Private Limited is https://www.wealthstreet.in
What has been the recent revenue trend for Wealthstreet Financial Services Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Wealthstreet Financial Services Private Limited has fallen by -3.70%.
How many employees does Wealthstreet Financial Services Private Limited currently have?
As Per 2023 financial reports, 5 employees are currently employed by Wealthstreet Financial Services Private Limited.
What change has been observed in the net worth of Wealthstreet Financial Services Private Limited, and by what percentage?
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%.
What are the total open charges for Wealthstreet Financial Services Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Wealthstreet Financial Services Private Limited amount to ₹ 28.10 Cr.
When was the last Balance Sheet of Wealthstreet Financial Services Private Limited filed with the ROC?
The most recent Balance Sheet for Wealthstreet Financial Services Private Limited was filed with the ROC on 31 Mar 2023.
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