Able & Weal Private Limited
About Able & Weal Private Limited
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Able & Weal Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the financial holding companies segment of the financial services sector. It was incorporated on 22 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67200MH2021PTC373759. Its GSTIN is 27AAWCA2908E1ZJ (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Tushar Kumar and Prashant Dharamdeo Singh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gala 3068 Oberoi Garden Saki Naka Road Near Chandivali Studio Kurla West, Mumbai, Maharashtra, India – 400072.
The company has 2 deals on record (1 debt financing, 1 convertible or debt financing), with disclosed funding of ₹49 Cr; the latest was in October 2023.
Company details
Contact details
Able & Weal Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGala 3068 Oberoi Garden Saki Naka Road Near Chandivali Studio Kurla West, Mumbai, Maharashtra, India – 400072
- IndustryFinancial Services, Financial Holding Companies
To see the full contact details of Able & Weal 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 Able & Weal is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Able & Weal Private Limited, buy the company report.
Financials of Able & Weal Private Limited
FY 2025 filings availableAble & Weal Private Limited reported revenue of ₹2,000 (down 100% YoY) for FY 2025.
Financial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Able & Weal Private Limited, buy the company report.
Board of directors of Able & Weal Private Limited
Able & Weal has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushar Kumar Also directs: Siddhant Management LLP, Pharmac Medizen Health Solutions Private Limited, Tulip Lab Private Limited and 4 more | Director | 22 Dec 2021 | 4 Years 10 Months | Current |
| Prashant Dharamdeo Singh Also directs: Siddhant Management LLP, Pharmac Medizen Health Solutions Private Limited, Tulip Lab Private Limited and 3 more | Director | 22 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Able & Weal Private Limited is audited by Y R And Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y R And Associates | FY 2023 | 135722W |
Shareholding
The shareholding of Able & Weal Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
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| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
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| Others |
To see the full shareholding pattern of Able & Weal Private Limited, buy the company report.
Deals & funding
Able & Weal Private Limited has 2 deals on record (1 debt financing, 1 convertible or debt financing), with disclosed funding of ₹49 Cr; the latest was in October 2023.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Debt financing | ₹30 Cr | Investors: Maximus Wealth Management LLP , Prabhudas Kishordas Tobacco Products Private Limited, 2 individuals |
To see the full deal history of Able & Weal Private Limited, buy the company report.
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 Able & Weal 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 Able & Weal Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Able & Weal Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Able & Weal has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAWCA2908E1ZJ | Maharashtra | Active | 31 Jan 2023 |
To see the full GST registrations and return filing status of Able & Weal Private Limited, buy the company report.
Recent activity
Able & Weal Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Priya Gupta ceased to be Company Secretary on 05 Sep 2024.
Frequently asked questions
Able & Weal is an active private limited company based in Mumbai, Maharashtra, India. The company works in financial holding companies, within the financial services industry. It was incorporated on 22 December 2021 (5+ years old) and is registered under CIN U67200MH2021PTC373759.
Able & Weal has 2 current directors:
- Tushar Kumar - Director
- Prashant Dharamdeo Singh - Director
The latest financial statements of Able & Weal on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Able & Weal is 27AAWCA2908E1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Able & Weal is U67200MH2021PTC373759. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Able & Weal was incorporated on 22 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Able & Weal has 2 deals on record (1 debt financing, 1 convertible or debt financing), with disclosed funding of ₹49 Cr; the latest was in October 2023.
Priya Gupta ceased to be Company Secretary on 05 Sep 2024. Priya Gupta was appointed as Company Secretary on 08 Nov 2022. Prashant Dharamdeo Singh was appointed as Director on 22 Dec 2021. Able & Weal has 4 board changes on record in total.
The registered office of Able & Weal is at Gala 3068 Oberoi Garden Saki Naka Road Near Chandivali Studio Kurla West, Mumbai, Maharashtra, India – 400072.
Able & Weal operates in the financial services industry, in the financial holding companies segment.