About Innowise Wealth Management Private Limited
Data last updated:
Innowise Wealth Management Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 13 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2016PTC283581. Its GSTIN is 27AAGCC5703R1Z7 (Maharashtra).
The company has an authorised share capital of ₹85 Lakh and a paid-up capital of ₹85 Lakh. It was formerly known as Innowise Capital Management Private Limited and Innowise Advisors Private Limited. It is led by directors including Jitesh Kothari and Jyoti Natwar Daga.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.59 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹48,981 (net margin -1%) and EBITDA of ₹11.26 Lakh (EBITDA margin 22.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 13% over five years.
The company is associated with 1 brand: Investor Funda.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website investorfunda.com.
Company details
Name history
Innowise Wealth Management has undergone 4 name changes throughout its history. The current legal name is Innowise Wealth Management Private Limited.
| Company Name | Status |
|---|---|
| Innowise Wealth Management Private Limited | Current |
| Innowise Capital Management Private Limited | Previous |
| Innowise Advisors Private Limited | Previous |
| Crazy Achievers Private Limited | Previous |
| Innowise Finserve Private Limited | Previous |
Contact details
Innowise Wealth Management Private Limited's registered office is in Mumbai, Maharashtra. Its website is investorfunda.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address502 The Summit Business Bay Andheri Kurla Road Near Cinemax Andheri, East, Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Innowise 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
Brands
Innowise Wealth Management operates one associated brand: Investor Funda. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers professional financial planning services for individuals and investors. | investorfunda.com |
Business activity
The main business activity of Innowise 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 Innowise Wealth Management Private Limited, buy the company report.
Financials of Innowise Wealth Management Private Limited
FY 2025 filings availableInnowise Wealth Management Private Limited reported revenue of ₹49.59 Lakh (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 31% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹48,981 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.7% | ||||
| Net Profit Margin | -1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Innowise Wealth Management Private Limited, buy the company report.
Board of directors of Innowise Wealth Management Private Limited
Innowise Wealth Management has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitesh Kothari | Director | 13 Jul 2016 | 10 Years 3 Months | Current |
| Jyoti Natwar Daga Also directs: Value Plus Ventures LLP | Director | 13 Jul 2016 | 10 Years 3 Months | Current |
| Rajkumar Bulakidass Mall Also directs: Innowise Brokers Private Limited | Additional Director | 10 Feb 2024 | 2 Years 8 Months | Current |
Auditor
Innowise Wealth Management Private Limited is audited by N B T & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N B T & ASSOCIATES | FY 2023 | 143014W |
Shareholding
The shareholding of Innowise Wealth Management Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Innowise Wealth Management Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innowise 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 Innowise Wealth Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innowise Wealth Management has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCC5703R1Z7 | Maharashtra | Active | 11 Sep 2017 |
To see the full GST registrations and return filing status of Innowise Wealth Management Private Limited, buy the company report.
Recent activity
Innowise Wealth Management Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Mayur Shailesh Shah ceased to be Director on 10 Feb 2024.
Frequently asked questions
Innowise Wealth Management is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 13 July 2016 (10+ years old) and is registered under CIN U67100MH2016PTC283581.
Innowise Wealth Management has 3 current directors:
- Jitesh Kothari - Director
- Jyoti Natwar Daga - Director
- Rajkumar Bulakidass Mall - Additional Director
The latest financial statements of Innowise Wealth Management on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Innowise Wealth Management is 27AAGCC5703R1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Innowise Wealth Management is U67100MH2016PTC283581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innowise Wealth Management was incorporated on 13 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Mayur Shailesh Shah ceased to be Director on 10 Feb 2024. Rajkumar Bulakidass Mall was appointed as Additional Director on 10 Feb 2024. Jitesh Kothari ceased to be Director on 18 Feb 2017. Innowise Wealth Management has 5 board changes on record in total.
Innowise Wealth Management can be reached through the website investorfunda.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Innowise Wealth Management is at 502 The Summit Business Bay Andheri Kurla Road Near Cinemax Andheri, East, Mumbai, Maharashtra, India – 400093.
Innowise Wealth Management operates in the financial services industry, in the diversified financial services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
