Networth Finmart Limited
About Networth Finmart Limited
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Networth Finmart Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently classified as dormant under Section 455 of the Companies Act - it is legally registered but has declared that it is not conducting any business operations. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 26 July 2005.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65993MH2005PLC155057.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Dave Balkrishan Mahendra and Raj Nathmal Bhandari.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 143/B 14th Floor Mittal Court B – Wing 224 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.72 Lakh. For the same year it recorded a net profit of ₹2.72 Lakh (net margin 100%) and EBITDA of ₹2.72 Lakh (EBITDA margin 100%).
Company details
Contact details
Networth Finmart Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address143/B 14th Floor Mittal Court B – Wing 224 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Networth Finmart 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 Networth Finmart Limited
FY 2020 filings availableNetworth Finmart Limited reported revenue of ₹2.72 Lakh for FY 2020.
Financial Statement Summary
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| EBITDA | ₹2.72 Lakh | ||||
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| Net Profit (PAT) | ₹2.72 Lakh | ||||
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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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| EBITDA Margin | 100% | ||||
| Net Profit Margin | 100% | ||||
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To see the full financial statements and ratios of Networth Finmart Limited, buy the company report.
Board of directors of Networth Finmart Limited
Networth Finmart has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dave Balkrishan Mahendra | Director | 09 Mar 2020 | 6 Years 7 Months | Current |
| Raj Nathmal Bhandari | Director | 26 Jul 2005 | 21 Years 2 Months | Current |
| Kanta Suresh Jain Also directs: Incipient Real Estate Private Limited, Harvest Agriculture Private Limited, Alanscott Omnis AI Limited and 5 more | Director | 26 Jul 2005 | 21 Years 2 Months | Current |
Peer comparison
Networth Finmart Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Broking Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tower Securities Services Private Limited | ₹2.75 Lakh (FY 2025) | 4.0% | Ahmedabad, Gujarat, India | |||
| Arya Capital Management Private Limited | ₹2.73 Lakh (FY 2025) | -100.0% | Mumbai, Maharashtra, India | |||
| Networth Finmart Limitedthis company | ₹2.72 Lakh (FY 2020) | ₹2.72 Lakh | 100% | Mumbai, Maharashtra, India | ||
| Pavas Traders Private Limited | ₹2.71 Lakh (FY 2022) | -17.0% | Uttar Pradesh, India | |||
| Beau Mont Tradecom Private Limited | ₹2.7 Lakh (FY 2025) | 0.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Networth Finmart Limited, buy the company report.
Auditor
Networth Finmart Limited is audited by SANJAY & VIJAY ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY & VIJAY ASSOCIATES | FY 2015 | 120123W |
Shareholding
The shareholding of Networth Finmart Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Networth Finmart Limited, buy the company report.
Legal cases
No court or tribunal cases involving Networth Finmart 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 Networth Finmart 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 Networth Finmart Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Networth Finmart Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Dave Balkrishan Mahendra was appointed as Director on 09 Mar 2020.
Frequently asked questions
Networth Finmart is classified as "Dormant" under Section 455 of the Companies Act. This means the company is legally registered but has officially declared that it is not currently conducting any business operations. A dormant company can be reactivated by following the prescribed procedures with the Registrar of Companies.
Networth Finmart is a dormant public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 26 July 2005 and is registered under CIN U65993MH2005PLC155057. The company is legally registered but not currently conducting business.
The compliance status of Networth Finmart is compliant as of 17 July 2026.
Networth Finmart has 3 current directors:
- Dave Balkrishan Mahendra - Director
- Raj Nathmal Bhandari - Director
- Kanta Suresh Jain - Director
The CIN (Corporate Identification Number) of Networth Finmart is U65993MH2005PLC155057. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Networth Finmart was incorporated on 26 July 2005. It is registered with the Registrar of Companies, Mumbai.
The registered office of Networth Finmart is at 143B 14th Floor Mittal Court B – Wing 224 Nariman Point, Mumbai, Maharashtra, India – 400021.
The latest financial statements of Networth Finmart on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
Networth Finmart operates in the financial services industry, in the brokerage and trading services segment.
The peers of Networth Finmart by revenue are Tower Securities Services Private Limited, Arya Capital Management Private Limited, Pavas Traders Private Limited, Beau Mont Tradecom Private Limited, all in the BFSI industry (Broking Services), with the same principal business activity (other financial activities).
Dave Balkrishan Mahendra was appointed as Director on 09 Mar 2020. Sureshkumar Pukhraj Jain ceased to be Director on 09 Mar 2020. Kanta Suresh Jain was appointed as Director on 26 Jul 2005. Networth Finmart has 4 board changes on record in total.