About Ultimate Wealth Private Limited
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Ultimate Wealth Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 23 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67110KA2007PTC041877. Its GSTIN is 29AAACU8868K1ZH (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹28.2 Lakh. It was formerly known as Ultimate Stocks Private Limited and Ultimate Resonance Private Limited. It is led by directors including Lakshmi Narasimhan Sridharan (Managing Director) and Jayanthi Sridharan.
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 ₹6.07 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹1.33 Cr (net margin 21.9%) and EBITDA of ₹1.89 Cr (EBITDA margin 31.1%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 13% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ultimate Wealth.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ultimatewealth.in.
Company details
Name history
Ultimate Wealth has undergone 4 name changes throughout its history. The current legal name is Ultimate Wealth Private Limited.
| Company Name | Status |
|---|---|
| Ultimate Wealth Private Limited | Current |
| Ultimate Stocks Private Limited | Previous |
| Ultimate Resonance Private Limited | Previous |
| Ultimate Alpha Private Limited | Previous |
| Ultimate Wealth Managers Private Limited | Previous |
Contact details
Ultimate Wealth Private Limited's registered office is in Bangalore, Karnataka. Its website is ultimatewealth.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo.288 Sripaduka 1st Main Road, Tyagrajnagar 2nd Stage, Bangalore, Karnataka, India – 560070
- IndustryFinancial Services, Brokerage & Trading Services, Diversified Financial Services
To see the full contact details of Ultimate Wealth 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
Ultimate Wealth operates one associated brand: Ultimate Wealth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides wealth management services, including portfolio advisory and planning. | ultimatewealth.in |
Business activity
The main business activity of Ultimate Wealth 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 Ultimate Wealth Private Limited, buy the company report.
Financials of Ultimate Wealth Private Limited
FY 2024 filings availableUltimate Wealth Private Limited reported revenue of ₹6.07 Cr (up 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 31% growth in the latest year. EBITDA rose 15% 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 | ₹1.89 Cr | ||||
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| Net Profit (PAT) | ₹1.33 Cr | ||||
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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 | 31.1% | ||||
| Net Profit Margin | 21.9% | ||||
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To see the full financial statements and ratios of Ultimate Wealth Private Limited, buy the company report.
Board of directors of Ultimate Wealth Private Limited
Ultimate Wealth has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayanthi Sridharan | Director | 23 Feb 2007 | 19 Years 8 Months | Current |
| Lakshmi Narasimhan Sridharan | Managing Director | 23 Feb 2007 | 19 Years 8 Months | Current |
| Venkat Kanduri Vardhan | Director | 10 Dec 2022 | 3 Years 11 Months | Current |
Auditor
Ultimate Wealth Private Limited is audited by M A NARASIMHAN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A NARASIMHAN & CO | FY 2019 | 002347S |
Shareholding
The shareholding of Ultimate Wealth Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ultimate Wealth Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ultimate Wealth 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 Ultimate Wealth Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ultimate Wealth has 1 associated company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
Employees & EPFO
Ultimate Wealth Private Limited has a workforce of 22 employees on its EPFO records as of Sep 2025, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 22 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Ultimate Wealth Private Limited, buy the company report.
GST
Ultimate Wealth has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACU8868K1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ultimate Wealth Private Limited, buy the company report.
Recent activity
Ultimate Wealth Private Limited has 9 board changes on record since 2007: 3 appointments and 6 cessations. The latest: Venkat Kanduri Vardhan was appointed as Director on 10 Dec 2022.
Frequently asked questions
Ultimate Wealth is an active private limited company based in Bangalore, Karnataka, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 23 February 2007 (19+ years old) and is registered under CIN U67110KA2007PTC041877.
Ultimate Wealth has 3 current directors:
- Lakshmi Narasimhan Sridharan - Managing Director
- Jayanthi Sridharan - Director
- Venkat Kanduri Vardhan - Director
The latest financial statements of Ultimate Wealth 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 2015 are in the company report.
The GSTIN of Ultimate Wealth is 29AAACU8868K1ZH, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Ultimate Wealth is U67110KA2007PTC041877. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ultimate Wealth was incorporated on 23 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Venkat Kanduri Vardhan was appointed as Director on 10 Dec 2022. Honaganahalli Madhava Rao Nagendra Rao ceased to be Director on 15 Sep 2022. Thippur Siddeere Gowda Shantha Kumar ceased to be Director on 18 Aug 2022. Ultimate Wealth has 9 board changes on record in total.
Ultimate Wealth can be reached through the website ultimatewealth.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Ultimate Wealth is at No.288 Sripaduka 1st Main Road, Tyagrajnagar 2nd Stage, Bangalore, Karnataka, India – 560070.
Ultimate Wealth operates in the financial services industry, in the brokerage and trading services segment.
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