Altruistic Estates & Wealth Management Private Limited
About Altruistic Estates & Wealth Management Private Limited
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Altruistic Estates & Wealth Management Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 27 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70109DL2012PTC242872.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Altruistic Estates Private Limited. It is led by directors Aayushi Arora and Siddharth Arora.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at G – 55 3rd Floor Royal Palace Vikas Marg Laxmi Nagar, New Delhi, Delhi, India – 110092.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.44 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹1,856 (net margin -0.8%) and EBITDA of -₹702 (EBITDA margin -0.3%). Revenue has grown at a compounded annual rate (CAGR) of 102% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Altruistic Estates & Wealth Management Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG – 55 3rd Floor Royal Palace Vikas Marg Laxmi Nagar, New Delhi, Delhi, India – 110092
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Altruistic Estates & Wealth Management 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 Altruistic Estates & Wealth Management 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 Altruistic Estates & Wealth Management Private Limited, buy the company report.
Financials of Altruistic Estates & Wealth Management Private Limited
FY 2020 filings availableAltruistic Estates & Wealth Management Private Limited reported revenue of ₹2.44 Lakh (down 68% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 68% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 102%. EBITDA fell 105% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.44 Lakh | ||||
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| EBITDA | -₹702 | ||||
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| Net Profit (PAT) | -₹1,856 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -0.8% | ||||
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To see the full financial statements and ratios of Altruistic Estates & Wealth Management Private Limited, buy the company report.
Board of directors of Altruistic Estates & Wealth Management Private Limited
Altruistic Estates & Wealth Management has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aayushi Arora Also directs: Vaataney Financial Advisory LLP | Director | 11 Aug 2020 | 6 Years 2 Months | Current |
| Siddharth Arora Also directs: Vaataney Financial Advisory LLP | Director | 18 Oct 2021 | 5 Years 0 Months | Current |
Auditor
Altruistic Estates & Wealth Management Private Limited is audited by VINOD K GARG & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINOD K GARG & ASSOCIATES | FY 2018 | 005065N |
Shareholding
The shareholding of Altruistic Estates & Wealth Management Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Altruistic Estates & Wealth Management Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Altruistic Estates & Wealth Management 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 Altruistic Estates & Wealth Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Altruistic Estates & Wealth Management Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Altruistic Estates & Wealth Management Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Anshul Arora ceased to be Director on 19 Oct 2021.
Frequently asked questions
Altruistic Estates & Wealth Management is an active private limited company based in New Delhi, Delhi, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 27 September 2012 (14+ years old) and is registered under CIN U70109DL2012PTC242872.
Altruistic Estates & Wealth Management has 2 current directors:
- Aayushi Arora - Director
- Siddharth Arora - Director
The latest financial statements of Altruistic Estates & Wealth Management on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Altruistic Estates & Wealth Management is U70109DL2012PTC242872. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altruistic Estates & Wealth Management was incorporated on 27 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Anshul Arora ceased to be Director on 19 Oct 2021. Siddharth Arora was appointed as Director on 18 Oct 2021. Jiya Lal Kashyap ceased to be Director on 12 Aug 2020. Altruistic Estates & Wealth Management has 8 board changes on record in total.
The registered office of Altruistic Estates & Wealth Management is at G – 55 3rd Floor Royal Palace Vikas Marg Laxmi Nagar, New Delhi, Delhi, India – 110092.
Altruistic Estates & Wealth Management operates in the financial services industry, in the diversified financial services segment.
The compliance status of Altruistic Estates & Wealth Management is compliant as of 23 September 2026. The company is actively filing with the Registrar of Companies.
Yes. Altruistic Estates & Wealth Management was formerly known as Altruistic Estates Private Limited.