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About Abn Wealth (India) Private Limited
Data last updated:
Abn Wealth (India) Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 01 December 2008.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2008PTC188525. Its GSTIN is 27AAHCA4104H2ZZ (Maharashtra). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.4 Cr. It was led by directors including Prashant Avantilal Vora and Seemaben Prashantbhai Vora.
Its last annual general meeting (AGM) was held on 26 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 812 A Wing Jaswanti Allied Business Center Ramchandra Lane Extn. Malad West, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2022, the company reported a revenue of ₹5 Lakh, a growth of 67% compared to the previous year. For the same year it recorded a net loss of ₹2.08 Lakh (net margin -41.7%) and EBITDA of -₹1.48 Lakh (EBITDA margin -29.7%). Revenue has grown at a compounded annual rate (CAGR) of 275% over three years and 25% over five years.
The last known website on record is abnwealth.in.
Company details
Contact details
Abn Wealth (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is abnwealth.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address812 A Wing Jaswanti Allied Business Center Ramchandra Lane Extn. Malad West, Mumbai, Maharashtra, India – 400064
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Abn Wealth (India) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Abn Wealth (India) is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Abn Wealth (India) Private Limited, buy the company report.
Financials of Abn Wealth (India) Private Limited
FY 2022 filings availableAbn Wealth (India) Private Limited reported revenue of ₹5 Lakh (up 67% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 67% growth in the latest year. EBITDA fell 195% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹1.48 Lakh | ||||
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| Net Profit (PAT) | -₹2.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | -29.7% | ||||
| Net Profit Margin | -41.7% | ||||
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To see the full financial statements and ratios of Abn Wealth (India) Private Limited, buy the company report.
Board of directors of Abn Wealth (India) Private Limited
Abn Wealth (India) has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Avantilal Vora Also directs: Vora Securities LLP, Virti Enterprises LLP, Vora Shares and Stock Broker LLP and 5 more | Director | 08 Jul 2021 | 5 Years 3 Months | As last reported |
| Seemaben Prashantbhai Vora Also directs: Vora Securities LLP, Vora Shares and Stock Broker LLP | Director | 08 Jul 2021 | 5 Years 3 Months | As last reported |
| Harsh Prashant Vora | Director | 08 Jul 2021 | 5 Years 3 Months | As last reported |
| Kinjal Prashant Vora Also directs: Vora Shares and Stock Broker LLP | Director | 08 Aug 2022 | 4 Years 2 Months | As last reported |
Auditor
Abn Wealth (India) Private Limited is audited by JIGAR ZAVERI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JIGAR ZAVERI & ASSOCIATES | FY 2021 | 139344W |
Shareholding
The shareholding of Abn Wealth (India) Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Abn Wealth (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Abn Wealth (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Abn Wealth (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Abn Wealth (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCA4104H2ZZ | Maharashtra | Active | 15 Jul 2020 |
To see the full GST registrations and return filing status of Abn Wealth (India) Private Limited, buy the company report.
Recent activity
Abn Wealth (India) Private Limited has 17 board changes on record since 2015: 4 appointments and 13 cessations. The latest: Kinjal Prashant Vora ceased to be Additional Director on 26 Sep 2022.
8 earlier events are in the company report.
Frequently asked questions
Abn Wealth (India) has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Abn Wealth (India) was a private limited company based in Mumbai, Maharashtra, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 01 December 2008 and is registered under CIN U74140MH2008PTC188525. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Abn Wealth (India) is U74140MH2008PTC188525. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abn Wealth (India) had 4 directors:
- Prashant Avantilal Vora - Director
- Seemaben Prashantbhai Vora - Director
- Harsh Prashant Vora - Director
- Kinjal Prashant Vora - Director
Abn Wealth (India) was incorporated on 01 December 2008. It is registered with the Registrar of Companies, Mumbai.
Abn Wealth (India) can be reached through the website abnwealth.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Abn Wealth (India) is at 812 A Wing Jaswanti Allied Business Center Ramchandra Lane Extn. Malad West, Mumbai, Maharashtra, India – 400064.
The latest financial statements of Abn Wealth (India) on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 26 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Abn Wealth (India) is 27AAHCA4104H2ZZ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Abn Wealth (India) operated in the financial services industry, in the brokerage and trading services segment.
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