Wmg Wealth Private Limited

Offers financial services such as mutual fund distribution and financial consultancy.

2011 | Bangalore, Karnataka (India) | Active
Last Updated: January 19, 2025

Wmg Wealth Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.01 Cr
  • Revenue Growth 33.82%
  • Profit Growth 11.91%
  • Ebitda 25.25%
  • Net Worth 50.86%
  • Total Assets 42.01%

About Wmg Wealth

Wmg Wealth Private Limited (WWPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 May 2011 and has a history of 13 years and nine months. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Wmg India 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.01 Cr.

Sreekara Poornesh and Rashmi Belliappa serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U65190KA2011PTC058663

  • Company No.

    058663

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 May 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services
Business Outsourcing

Who are the key members and board of directors at Wmg Wealth?

Board Members (2)

NameDesignationAppointment DateStatus
Sreekara Poornesh Country flag representing In Director 16-May-2011Current
Rashmi Belliappa Country flag representing In Director 08-Jan-2019Current

Financial Performance of Wmg Wealth.

Wmg Wealth Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.82% increase. The company also saw a substantial improvement in profitability, with a 11.91% increase in profit. The company's net worth Soared by an impressive increase of 50.86%.

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
33.82%
Revenue from Operations
30.08%
Total Assets
42.01%
Profit or Loss
11.91%
Net Worth
50.86%
EBITDA
25.25%

What is the Ownership and Shareholding Structure of Wmg Wealth?

Unlock access to Wmg Wealth's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.09 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.01 Cr

Latest Charge Details

DateLenderAmountStatus
30 Dec 2023Hdfc Bank Limited₹6.09 MOpen
29 Mar 2022Hdfc Bank Limited₹4.00 MOpen

How Many Employees Work at Wmg Wealth?

Wmg Wealth has a workforce of 10 employees as of Mar 21, 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 Wmg Wealth, 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 Wmg Wealth'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 Wmg Wealth

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 6.09 M with Charge ID 100914599 was registered on 30 Dec 2023.

    30 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Wmg Wealth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.00 M with Charge ID 100579210 was registered on 29 Mar 2022.

    29 Mar 2022

  • Director Appointment

    Rashmi Mukkatira Belliappa was appointed as a Director was appointed as a Director on 08 Jan 2019 & has been associated with this company since 6 years 1 month .

    08 Jan 2019

  • Director Appointment

    Sreekara Indavara Poornesh was appointed as a Director was appointed as a Director on 16 May 2011 & has been associated with this company since 13 years 9 months .

    16 May 2011

Frequently asked questions

  • Wmg Wealth Private Limited was incorporated on 16 May 2011.

  • The authorized share capital of Wmg Wealth Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Wmg Wealth Private Limited.

    • Sreekara Indavara Poornesh
    • Rashmi Mukkatira Belliappa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wmg Wealth Private Limited is 21/19 Craig Park Layout M G Road, India, Bangalore, Karnataka, 560001.

  • The corporate identification number (CIN) of Wmg Wealth Private Limited is U65190KA2011PTC058663 and the company number is 058663 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wmg Wealth Private Limited is https://www.wmgwealthadvisory.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Wmg Wealth Private Limited has risen by 33.82%.

  • As Per 2023 financial reports, 10 employees are currently employed by Wmg Wealth Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Wmg Wealth Private Limited has experienced an upsurge of 50.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Wmg Wealth Private Limited amount to ₹ 1.01 Cr.

  • The most recent Balance Sheet for Wmg Wealth Private Limited was filed with the ROC on 31 Mar 2023.

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