Akhil Wealth Management Private Limited
About Akhil Wealth Management Private Limited
Data last updated:
Akhil Wealth Management Private Limited is a private limited company based in Vijayawada, Andhra Pradesh, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 14 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U67100AP2015PTC096667.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suresh Maram and Sai Subrahmanyam Puranam.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Vijayawada, Andhra Pradesh.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.72 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹2,740 (net margin 1%) and EBITDA of ₹3,983 (EBITDA margin 1.5%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Akhil Wealth Management Private Limited's registered office is in Vijayawada, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address59A – 21/7 – 10 4th Floor R.R.Gardens Kankadurga Colony Pantakal, Va Road, Vijayawada, Andhra Pradesh, India – 520010
- IndustryFinancial Services, Advisory, Consultancy, Financial Brokerage
To see the full contact details of Akhil 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
Business activity
The main business activity of Akhil Wealth Management 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 Akhil Wealth Management Private Limited, buy the company report.
Financials of Akhil Wealth Management Private Limited
FY 2021 filings availableAkhil Wealth Management Private Limited reported revenue of ₹2.72 Lakh (down 35% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over three years, including a 35% fall in the latest year. EBITDA fell 95% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.72 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3,983 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2,740 | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 1% | ||||
| 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 Akhil Wealth Management Private Limited, buy the company report.
Board of directors of Akhil Wealth Management Private Limited
Akhil Wealth Management has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Maram | Director | 23 Feb 2021 | 5 Years 8 Months | Current |
| Sai Subrahmanyam Puranam | Director | 14 May 2015 | 11 Years 5 Months | Current |
Peer comparison
Akhil Wealth Management Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Wealth Management), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sarthak Wealth Management (OPC) Private Limited | ₹3.12 Lakh (FY 2021) | -85.0% | Dombivli East, Maharashtra, India | |||
| Kutumbh Care Wealth Management Private Limited | ₹3.05 Lakh (FY 2023) | New Delhi, Delhi, India | ||||
| Akhil Wealth Management Private Limitedthis company | ₹2.72 Lakh (FY 2021) | ₹2,740 | 1% | -35.0% | Vijayawada, Andhra Pradesh, India | |
| Altruistic Estates & Wealth Management Private Limited | ₹2.44 Lakh (FY 2020) | -68.0% | New Delhi, Delhi, India |
To see the full peer comparison of Akhil Wealth Management Private Limited, buy the company report.
Auditor
Akhil Wealth Management Private Limited is audited by A V RAO & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A V RAO & CO | FY 2021 | 014561S |
Shareholding
The shareholding of Akhil Wealth Management Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akhil Wealth Management Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Akhil 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 Akhil Wealth Management 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 Akhil Wealth Management Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Akhil Wealth Management Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Suresh Maram ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Akhil Wealth Management is an active private limited company based in Vijayawada, Andhra Pradesh, India. The company works in advisory, within the financial services industry. It was incorporated on 14 May 2015 (11+ years old) and is registered under CIN U67100AP2015PTC096667.
Akhil Wealth Management has 2 current directors:
- Suresh Maram - Director
- Sai Subrahmanyam Puranam - Director
The latest financial statements of Akhil Wealth Management on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Akhil Wealth Management is U67100AP2015PTC096667. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akhil Wealth Management was incorporated on 14 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Akhil Wealth Management by revenue are Sarthak Wealth Management (OPC) Private Limited, Kutumbh Care Wealth Management Private Limited, Altruistic Estates & Wealth Management Private Limited, all in the BFSI industry (Wealth Management), with the same principal business activity (financial advisory, brokerage and consultancy services).
Suresh Maram ceased to be Additional Director on 30 Nov 2021. Venkata Aparna Palepu ceased to be Director on 26 Feb 2021. Suresh Maram was appointed as Director on 23 Feb 2021. Akhil Wealth Management has 4 board changes on record in total.
The registered office of Akhil Wealth Management is at 59A – 217 – 10 4th Floor R.R.Gardens Kankadurga Colony Pantakal, Va Road, Vijayawada, Andhra Pradesh, India – 520010.
Akhil Wealth Management operates in the financial services industry, in the advisory segment.
The compliance status of Akhil Wealth Management is compliant as of 02 August 2026. The company is actively filing with the Registrar of Companies.
Akhil Wealth Management can be reached at its registered office: 59A – 217 – 10 4th Floor R.R.Gardens Kankadurga Colony Pantakal, Va Road, Vijayawada, Andhra Pradesh, India – 520010.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
