Reddvise Wealth Management Private Limited
About Reddvise Wealth Management Private Limited
Data last updated:
Reddvise Wealth Management Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 11 July 2011.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U74140PN2011PTC140109. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Abhay Kumar and Surojit Nandy.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at Pune, Maharashtra.
As per the financials filed for FY 2015, the company reported a revenue of ₹2.08 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹5.79 Lakh (net margin -277.8%) and EBITDA of -₹5.82 Lakh (EBITDA margin -279.3%).
Company details
Contact details
Reddvise Wealth Management Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressYash1'Stfloorplotno.22 Surveyno.46 Nirmalbaug Behindmuktanganhighschool, Parvati, Pune, Maharashtra, India – 411009
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Reddvise 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
Financials of Reddvise Wealth Management Private Limited
FY 2015 filings availableReddvise Wealth Management Private Limited reported revenue of ₹2.08 Lakh (down 68% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 68% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹2.08 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹5.82 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹5.79 Lakh |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -279.3% |
| Net Profit Margin | -277.8% |
| 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 Reddvise Wealth Management Private Limited, buy the company report.
Board of directors of Reddvise Wealth Management Private Limited
Reddvise Wealth Management has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhay Kumar Also directs: Reddvise Buildtech LLP, Neosky Partners Limited Liability Partnership, Iref Education LLP and 5 more | Director | 14 Feb 2015 | 11 Years 8 Months | As last reported |
| Surojit Nandy | Director | 11 Jul 2011 | 15 Years 3 Months | As last reported |
Auditor
Reddvise Wealth Management Private Limited is audited by P R A S S & ASSOCIATES LLP for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P R A S S & ASSOCIATES LLP | FY 2015 | 107816W |
Shareholding
The shareholding of Reddvise Wealth Management Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Reddvise Wealth Management Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Reddvise 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 Reddvise Wealth Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Reddvise Wealth Management has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Reddvise Wealth Management Private Limited, buy the company report.
Recent activity
Reddvise Wealth Management Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Abhay Kumar ceased to be Additional Director on 30 Sep 2015.
Frequently asked questions
Reddvise Wealth Management has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Reddvise Wealth Management was a private limited company based in Pune, Maharashtra, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 11 July 2011 and is registered under CIN U74140PN2011PTC140109. The company has been struck off by the Registrar of Companies and is no longer operational.
Reddvise Wealth Management had 2 directors:
- Abhay Kumar - Director
- Surojit Nandy - Director
The CIN (Corporate Identification Number) of Reddvise Wealth Management is U74140PN2011PTC140109. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Reddvise Wealth Management is at Yash1Stfloorplotno.22 Surveyno.46 Nirmalbaug Behindmuktanganhighschool, Parvati, Pune, Maharashtra, India – 411009.
Reddvise Wealth Management was incorporated on 11 July 2011. It is registered with the Registrar of Companies, Pune.
The latest financial statements of Reddvise Wealth Management on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Reddvise Wealth Management has 1 GST registration on record and it is cancelled or inactive.
Reddvise Wealth Management operated in the business outsourcing industry, in the business and IT consulting segment. It worked in this industry before it was struck off.
Abhay Kumar ceased to be Additional Director on 30 Sep 2015. Abhay Kumar was appointed as Director on 14 Feb 2015. Manish Kumar ceased to be Director on 14 Feb 2015. Reddvise Wealth Management has 5 board changes on record in total.
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