Artha Vrddhi Limited
About Artha Vrddhi Limited
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Artha Vrddhi Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 01 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH2010PLC210477. Its GSTIN is 27AAJCA0565G1ZR (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.98 Cr. It was formerly known as Andmore Pictures Private Limited and Andmore Pictures Limited. It is led by directors including Dhirendra Rajitram Shukla and Rajiv Chaughule Sumant.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Office No. 702 7th Floor Kingston Tejpal Road Vile Parle(E), Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2019, the company reported a revenue of ₹21.45 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹10.79 Lakh (net margin -50.3%) and EBITDA of -₹1.43 Lakh (EBITDA margin -6.7%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years.
Its group structure includes 1 subsidiary.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Artha Vrddhi has undergone 2 name changes throughout its history. The company was previously known as Andmore Pictures Private Limited, and Andmore Pictures Limited. The current legal name is Artha Vrddhi Limited.
| Company Name | Status |
|---|---|
| Artha Vrddhi Limited | Current |
| Andmore Pictures Private Limited | Previous |
| Andmore Pictures Limited | Previous |
CIN history
Artha Vrddhi has one previous CIN (Corporate Identification Number): U92490MH2010PLC210477. The current CIN is U65990MH2010PLC210477, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65990MH2010PLC210477 | Current |
| U92490MH2010PLC210477 | Previous |
Contact details
Artha Vrddhi Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 702 7th Floor Kingston Tejpal Road Vile Parle(E), Mumbai, Maharashtra, India – 400057
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
To see the full contact details of Artha Vrddhi 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 Artha Vrddhi 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 Artha Vrddhi Limited, buy the company report.
Financials of Artha Vrddhi Limited
FY 2019 filings availableArtha Vrddhi Limited reported revenue of ₹21.45 Lakh (down 35% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over three years, including a 35% fall in the latest year. EBITDA fell 157% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹21.45 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.79 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.7% | ||||
| Net Profit Margin | -50.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Artha Vrddhi Limited, buy the company report.
Board of directors of Artha Vrddhi Limited
Artha Vrddhi has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anurag Dhirendra Shukla Also directs: Artha Vrddhi Securities Limited | Additional Director | 08 Mar 2021 | 5 Years 7 Months | Current |
| Dhirendra Rajitram Shukla | Director | 23 Jul 2014 | 12 Years 3 Months | Current |
| Rajiv Chaughule Sumant Also directs: Espeedo Consultancy LLP | Director | 31 Mar 2016 | 10 Years 6 Months | Current |
Peer comparison
Artha Vrddhi Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Futuristic Wealth Private Limited | ₹21.51 Lakh (FY 2025) | 29.0% | Ernakulam, Kerala, India | |||
| Priya Shekhar Wealth Management Private Limited | ₹21.5 Lakh (FY 2024) | 22.0% | Delhi, India | |||
| Jaitray Consulting Services (OPC) Private Limited | ₹21.5 Lakh (FY 2025) | 760.0% | Delhi, India | |||
| Money Parth Capital Private Limited | ₹21.49 Lakh (FY 2025) | 77.0% | Jalandhar, Punjab, India | |||
| TN Ensure Private Limited | ₹21.45 Lakh (FY 2025) | 33.0% | Surat, Gujarat, India | |||
| Artha Vrddhi Limitedthis company | ₹21.45 Lakh (FY 2019) | -₹10.79 Lakh | -50.3% | -35.0% | Mumbai, Maharashtra, India | |
| Goraksh Sales and Distribution Private Limited | ₹21.45 Lakh (FY 2024) | 156.0% | Rohtak, Haryana, India | |||
| Balaji Futures Private Limited | ₹21.43 Lakh (FY 2024) | 2.0% | Indore, Madhya Pradesh, India | |||
| Prosift Enterprises Private Limited | ₹21.41 Lakh (FY 2024) | -37.0% | Chennai, Tamil Nadu, India | |||
| Maxx-Cap Holding Private Limited | ₹21.4 Lakh (FY 2025) | 138.0% | Ahmedabad, Gujarat, India | |||
| Richwealth Securities Private Limited | ₹21.4 Lakh (FY 2018) | 64.0% | Jamnagar, Gujarat, India |
To see the full peer comparison of Artha Vrddhi Limited, buy the company report.
Auditor
Artha Vrddhi Limited is audited by VIMALRAMNIWASBHABHRA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIMALRAMNIWASBHABHRA | FY 2017 | 046043 |
Shareholding
The shareholding of Artha Vrddhi Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Artha Vrddhi Limited, buy the company report.
Legal cases
No court or tribunal cases involving Artha Vrddhi 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 Artha Vrddhi Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Artha Vrddhi has 1 subsidiary company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Artha Vrddhi Securities Limited | U67120MH2005PLC150717 |
To see the full group structure of Artha Vrddhi Limited, buy the company report.
GST
Artha Vrddhi has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCA0565G1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Artha Vrddhi Limited, buy the company report.
Recent activity
Artha Vrddhi Limited has 11 board changes on record since 2012: 3 appointments and 8 cessations. The latest: Anurag Dhirendra Shukla was appointed as Additional Director on 08 Mar 2021.
2 earlier events are in the company report.
Frequently asked questions
Artha Vrddhi is an active public limited company based in Mumbai, Maharashtra, India. The company works in advisory, within the financial services industry. It was incorporated on 01 December 2010 (16+ years old) and is registered under CIN U65990MH2010PLC210477.
Artha Vrddhi has 3 current directors:
- Anurag Dhirendra Shukla - Additional Director
- Dhirendra Rajitram Shukla - Director
- Rajiv Chaughule Sumant - Director
The latest financial statements of Artha Vrddhi on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Artha Vrddhi is 27AAJCA0565G1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Artha Vrddhi is U65990MH2010PLC210477. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Artha Vrddhi was incorporated on 01 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Artha Vrddhi by revenue are Futuristic Wealth Private Limited, Priya Shekhar Wealth Management Private Limited, Jaitray Consulting Services (OPC) Private Limited, Money Parth Capital Private Limited, TN Ensure Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Anurag Dhirendra Shukla was appointed as Additional Director on 08 Mar 2021. Kannan Mariappan Moopnar ceased to be Additional Director on 08 Mar 2021. Pratibha Baban Mahadik ceased to be Director on 29 Jan 2021. Artha Vrddhi has 11 board changes on record in total.
The registered office of Artha Vrddhi is at Office No. 702 7th Floor Kingston Tejpal Road Vile ParleE, Mumbai, Maharashtra, India – 400057.
Artha Vrddhi operates in the financial services industry, in the advisory segment.
The compliance status of Artha Vrddhi is compliant as of 30 July 2026. The company is actively filing with the Registrar of Companies.