Golden Wealth Advisory Private Limited
About Golden Wealth Advisory Private Limited
Data last updated:
Golden Wealth Advisory Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 10 November 2012.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2012PTC237832. Its GSTIN is 27AAGCP9250J1Z0 (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It was formerly known as Purniya Gold Jewellery Private Limited and Productive Wealth Private Limited. It is led by directors including Keyur Jagdishchandra Shah (Irp/Rp/Liquidator) and Dhirendra Kumar Meshrilal Yadav.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.55 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.61 Cr (net margin -18.1%) and EBITDA of -₹4.61 Cr (EBITDA margin -18.1%). Revenue has declined at a compounded annual rate (CAGR) of 163% over three years and 16% over five years.
Court records list 3 cases involving the company, including 3 filed against it. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹9.99 Cr; the latest was in August 2021.
Company details
Name history
Golden Wealth Advisory has undergone 4 name changes throughout its history. The current legal name is Golden Wealth Advisory Private Limited.
| Company Name | Status |
|---|---|
| Golden Wealth Advisory Private Limited | Current |
| Purniya Gold Jewellery Private Limited | Previous |
| Productive Wealth Private Limited | Previous |
| Nisiddh Vision Private Limited | Previous |
| Golden Wealth Private Limited | Previous |
CIN history
Golden Wealth Advisory has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110MH2012PTC237832, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2012PTC237832 | Current |
| U70101MH2012PTC237832 | Previous |
| U36910MH2012PTC237832 | Previous |
Contact details
Golden Wealth Advisory Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address213 Floor – 1 Plot – 407 Doulat Bhuvan, Kalbadevi Road Kolbhat Lane, Mumbai, Maharashtra, India – 400002
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Golden Wealth Advisory 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
Financials of Golden Wealth Advisory Private Limited
FY 2023 filings availableGolden Wealth Advisory Private Limited reported revenue of ₹25.55 Cr (up 220% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 220% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. EBITDA rose 50% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹4.61 Cr | ||||
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| Net Profit (PAT) | -₹4.61 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18.1% | ||||
| Net Profit Margin | -18.1% | ||||
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To see the full financial statements and ratios of Golden Wealth Advisory Private Limited, buy the company report.
Board of directors of Golden Wealth Advisory Private Limited
Golden Wealth Advisory has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhirendra Kumar Meshrilal Yadav Also directs: Ashtabhuja Ventures Private Limited, Maneelaxmi Exports Private Limited, Malhaki Impex Private Limited and 1 more | Additional Director | 10 Aug 2024 | 2 Years 2 Months | As last reported |
| Vaibhav Vinod Patel Also directs: Ashtabhuja Ventures Private Limited, Maneelaxmi Exports Private Limited, Malhaki Impex Private Limited and 1 more | Additional Director | 10 Aug 2024 | 2 Years 2 Months | As last reported |
| Keyur Jagdishchandra Shah Also directs: Infinium Pharmachem Limited, DRC Systems India Limited, Pirimid Technologies Limited and 2 more | Irp/Rp/Liquidator | 24 Sep 2024 | 2 Years 1 Months | As last reported |
Auditor
Golden Wealth Advisory Private Limited is audited by S.M. Bhat & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.M. Bhat & Associates | FY 2022 | 131347W |
Shareholding
The shareholding of Golden Wealth Advisory Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Golden Wealth Advisory Private Limited, buy the company report.
Deals & funding
Golden Wealth Advisory Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹9.99 Cr; the latest was in August 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Funding round | ₹3.99 Cr | Investors: Aspect Superstructures Private Limited , 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Funding round | ₹6 Cr | Investors: 2 individuals |
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Golden Wealth Advisory Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 2 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by an individual | Disposed |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed against the company by an individual | Disposed |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Golden Wealth Advisory Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Golden Wealth Advisory Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Golden Wealth Advisory has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCP9250J1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Golden Wealth Advisory Private Limited, buy the company report.
Recent activity
Golden Wealth Advisory Private Limited has 10 board changes on record since 2012: 3 appointments and 7 cessations. The latest: Keyur Jagdishchandra Shah was appointed as Irp/Rp/Liquidator on 24 Sep 2024.
1 earlier event is in the company report.
Frequently asked questions
Golden Wealth Advisory is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Golden Wealth Advisory is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 10 November 2012 and is registered under CIN U74110MH2012PTC237832. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Golden Wealth Advisory has 3 current directors:
- Dhirendra Kumar Meshrilal Yadav - Additional Director
- Vaibhav Vinod Patel - Additional Director
- Keyur Jagdishchandra Shah - Irp/Rp/Liquidator
The latest financial statements of Golden Wealth Advisory on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Golden Wealth Advisory is U74110MH2012PTC237832. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Golden Wealth Advisory has 3 court cases on record: 3 filed against it. Most are in the nclat.
Golden Wealth Advisory was incorporated on 10 November 2012. It is registered with the Registrar of Companies, Mumbai.
Golden Wealth Advisory has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹9.99 Cr; the latest was in August 2021.
Keyur Jagdishchandra Shah was appointed as Irp/Rp/Liquidator on 24 Sep 2024. Jitendra Gulshan Kapoor ceased to be Whole-Time Director on 14 Aug 2024. Dhirendra Kumar Meshrilal Yadav was appointed as Additional Director on 10 Aug 2024. Golden Wealth Advisory has 10 board changes on record in total.
The registered office of Golden Wealth Advisory is at 213 Floor – 1 Plot – 407 Doulat Bhuvan, Kalbadevi Road Kolbhat Lane, Mumbai, Maharashtra, India – 400002.
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