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Multipl Wealth Management Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹53.93 Lakh
▲ 60% YoY
Net profit · FY 2024
₹1.32 Lakh
Net margin 2.5%
EBITDA · FY 2024
₹4.98 Lakh
EBITDA margin 9.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹55 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Multipl Wealth Management Private Limited
Data last updated:
Multipl Wealth Management Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 25 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67100KA2019PTC130994. Its GSTIN is 29AANCM1877B1Z8 (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹55 Lakh. It is led by directors including Padmanabhan Raghavan and Jagannathan Raghavan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹53.93 Lakh, a growth of 60% compared to the previous year. For the same year it recorded a net profit of ₹1.32 Lakh (net margin 2.5%) and EBITDA of ₹4.98 Lakh (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years.
The company is associated with 1 brand: Multipl. The company has 1 deal on record (1 rights issue); the latest was in February 2020.
For more details, the company can be reached via its website multipl.xyz.
Company details
CIN U67100KA2019PTC130994
Registration Number 130994
Incorporation Date 25 December 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Multipl Wealth Management
Contact details
Multipl Wealth Management Private Limited's registered office is in Bangalore, Karnataka. Its website is multipl.xyz. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSlv Arcade 2nd Floor No. 57 Old No. 320/D 9th Main Road 40th Cross 5th Block Ja, Yanagar, Bangalore, Karnataka, India – 560011
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Multipl Wealth Management Private Limited, buy the company report.
Comprehensive company report
Multipl Wealth Management Private Limited - one report that includes everything
- 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
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Brands
Multipl Wealth Management operates one associated brand: Multipl. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Goal-based savings are enabled for individuals via auto-investments. | multipl.in |
Business activity
The main business activity of Multipl 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 Multipl Wealth Management Private Limited, buy the company report.
Financials of Multipl Wealth Management Private Limited
FY 2024 filings availableMultipl Wealth Management Private Limited reported revenue of ₹53.93 Lakh (up 60% YoY) for FY 2024.
Revenue · FY 2024
₹53.93 Lakh ▲ 60%
Net profit · FY 2024
₹1.32 Lakh margin 2.5%
EBITDA · FY 2024
₹4.98 Lakh margin 9.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 60%
3 years · compounded
▲ 54%
EBITDA CAGR growth
3 years · compounded
▼ 26%
Revenue has grown at a compounded annual rate (CAGR) of 54% over three years, including 60% growth 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 |
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| EBITDA | ₹4.98 Lakh | ||||
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| Net Profit (PAT) | ₹1.32 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 9.2% | ||||
| Net Profit Margin | 2.5% | ||||
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To see the full financial statements and ratios of Multipl Wealth Management Private Limited, buy the company report.
Board of directors of Multipl Wealth Management Private Limited
Multipl Wealth Management has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padmanabhan Raghavan Also directs: Multipl Fintech Solutions Private Limited | Director | 25 Dec 2019 | 6 Years 10 Months | Current |
| Jagannathan Raghavan Also directs: Multipl Fintech Solutions Private Limited | Director | 25 Dec 2019 | 6 Years 10 Months | Current |
| Vikas Subodh Jain Also directs: Multipl Fintech Solutions Private Limited | Director | 25 Dec 2019 | 6 Years 10 Months | Current |
Auditor
Multipl Wealth Management Private Limited is audited by Chitra Hegde & Associates for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chitra Hegde & Associates | FY 2021 | 022310S |
Shareholding
The shareholding of Multipl Wealth Management Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Multipl Wealth Management Private Limited, buy the company report.
Deals & funding
Multipl Wealth Management Private Limited has 1 deal on record (1 rights issue); the latest was in February 2020.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Rights issue | ₹10 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Multipl 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 Multipl Wealth Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Multipl Wealth Management has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCM1877B1Z8 | Karnataka | Active | 05 Feb 2020 |
To see the full GST registrations and return filing status of Multipl Wealth Management Private Limited, buy the company report.
Recent activity
Multipl Wealth Management Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Jagannathan Raghavan was appointed as Director on 25 Dec 2019.
AGM
Multipl Wealth Management Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Multipl Wealth Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Jagannathan Raghavan was appointed as Director.
Appointed
Padmanabhan Raghavan was appointed as Director.
Appointed
Vikas Subodh Jain was appointed as Director.
Incorporation
25 Dec 2019
Multipl Wealth Management Private Limited was registered on 25 Dec 2019 with Roc Bangalore & aged 6 years 10 months as per MCA records.
Frequently asked questions
Multipl Wealth Management is an active private limited company based in Bangalore, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 25 December 2019 (7+ years old) and is registered under CIN U67100KA2019PTC130994.
Multipl Wealth Management has 3 current directors:
- Padmanabhan Raghavan - Director
- Jagannathan Raghavan - Director
- Vikas Subodh Jain - Director
The latest financial statements of Multipl Wealth Management on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Multipl Wealth Management is 29AANCM1877B1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Multipl Wealth Management is U67100KA2019PTC130994. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multipl Wealth Management was incorporated on 25 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Multipl Wealth Management has 1 deal on record (1 rights issue); the latest was in February 2020.
Jagannathan Raghavan was appointed as Director on 25 Dec 2019. Padmanabhan Raghavan was appointed as Director on 25 Dec 2019. Vikas Subodh Jain was appointed as Director on 25 Dec 2019.
Yes, Multipl Wealth Management is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Multipl Wealth Management can be reached through the website multipl.xyz. Its registered office is in Bangalore, Karnataka, India.