About Wellworth Capital Services Private Limited
Data last updated:
Wellworth Capital Services Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial brokerage segment of the financial services sector. It was incorporated on 30 November 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2007PTC176367.
The company had an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.25 Cr. It was formerly known as Wellworth Wealth Management Private Limited. It was led by directors including Chetan Ramniklal Mehta and Ragini Chetan Mehta.
Its last annual general meeting (AGM) was held on 21 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹21.57 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹12.19 Lakh (net margin 56.5%) and EBITDA of ₹16.55 Lakh (EBITDA margin 76.7%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
The last known website on record is wellworthgroup.co.
Company details
Contact details
Wellworth Capital Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is wellworthgroup.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address501 5th Floor Akruti Orion Shraddananad Road Navin Bhai – Thakkar Auditorium Vile Par, Le (East), Mumbai, Maharashtra, India – 400057
- IndustryFinancial Services, Financial Brokerage, Advisory, Consultancy
To see the full contact details of Wellworth Capital Services 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
Business activity
The main business activity of Wellworth Capital Services 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 |
Financials of Wellworth Capital Services Private Limited
FY 2019 filings availableWellworth Capital Services Private Limited reported revenue of ₹21.57 Lakh (down 1% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 8% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹16.55 Lakh | ||||
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| Net Profit (PAT) | ₹12.19 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | 76.7% | ||||
| Net Profit Margin | 56.5% | ||||
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To see the full financial statements and ratios of Wellworth Capital Services Private Limited, buy the company report.
Board of directors of Wellworth Capital Services Private Limited
Wellworth Capital Services 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 |
|---|---|---|---|---|
| Ragini Chetan Mehta Also directs: Wellworth Insurance Brokers Private Limited | Additional Director | 08 Dec 2010 | 15 Years 11 Months | As last reported |
| Annapurna Shrikant Tibrewala | Additional Director | 08 Dec 2010 | 15 Years 11 Months | As last reported |
| Chetan Ramniklal Mehta Also directs: Wellworth Financial Services Private Limited | Director | 30 Nov 2007 | 18 Years 11 Months | As last reported |
Auditor
Wellworth Capital Services Private Limited is audited by P.D.SARAF AND CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.D.SARAF AND CO | FY 2017 | 109241W |
Shareholding
The shareholding of Wellworth Capital Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Wellworth Capital Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Wellworth Capital Services 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 Wellworth Capital Services Private 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 Wellworth Capital Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Wellworth Capital Services Private Limited has 4 board changes on record since 2007: 3 appointments and 1 cessation. The latest: Shrikant Jagdishprasad Tibrewala ceased to be Director on 28 Mar 2013.
Frequently asked questions
Wellworth Capital Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Wellworth Capital Services was a private limited company based in Mumbai, Maharashtra, India. The company worked in financial brokerage, within the financial services industry. It was incorporated on 30 November 2007 and is registered under CIN U67190MH2007PTC176367. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Wellworth Capital Services was incorporated on 30 November 2007. It is registered with the Registrar of Companies, Mumbai.
Wellworth Capital Services had 3 directors:
- Ragini Chetan Mehta - Additional Director
- Annapurna Shrikant Tibrewala - Additional Director
- Chetan Ramniklal Mehta - Director
The CIN (Corporate Identification Number) of Wellworth Capital Services is U67190MH2007PTC176367. 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 Wellworth Capital Services is at 501 5th Floor Akruti Orion Shraddananad Road Navin Bhai – Thakkar Auditorium Vile Par, Le East, Mumbai, Maharashtra, India – 400057.
Wellworth Capital Services can be reached through the website wellworthgroup.co. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Wellworth Capital Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 21 September 2019. Year-wise statements from 2015 are in the company report.
Wellworth Capital Services operated in the financial services industry, in the financial brokerage segment.
Shrikant Jagdishprasad Tibrewala ceased to be Director on 28 Mar 2013. Annapurna Shrikant Tibrewala was appointed as Additional Director on 08 Dec 2010. Ragini Chetan Mehta was appointed as Additional Director on 08 Dec 2010. Wellworth Capital Services has 4 board changes on record in total.
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