About Ask Wealth Advisors Private Limited
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Ask Wealth Advisors Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ask Investment Managers Limited. It operates in the financial product distributors segment of the financial services sector. It was incorporated on 30 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2006PTC162465. Its GSTIN is 27AAFCA9124M1ZD (Maharashtra). The company holds 20 GST registrations, of which 16 are active.
The company has an authorised share capital of ₹90.2 Cr and a paid-up capital of ₹89.37 Cr. It is led by directors including Sunil Gangadhar Rohokale and Sameer Kishore Koticha.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Birla Aurora 16 Level Office Floor 9 Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400030.
As per the financials filed for FY 2025, the company reported a revenue of ₹234.75 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹26.36 Cr (net margin 11.2%) and EBITDA of -₹76.41 Lakh (EBITDA margin -0.3%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 13% over five years.
The company has about 247 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has satisfied charges of ₹1.2 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending. The company has 14 deals on record (9 secondary share transfers, 3 funding rounds, 2 rights issues), with disclosed funding of ₹69.76 Cr; the latest was in August 2024. Its 5 peer companies in the BFSI industry (Financial Instrument Distributors), with the same principal business activity (financial advisory, brokerage and consultancy services) are compared by revenue, 2 larger and 3 smaller; the largest is Motilal Oswal Wealth Limited with revenue of ₹488.46 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website askfinancials.com.
Company details
Contact details
Ask Wealth Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its website is askfinancials.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBirla Aurora 16 Level Office Floor 9 Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400030
- IndustryFinancial Services, Financial Product Distributors
To see the full contact details of Ask Wealth Advisors 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 Ask Wealth Advisors 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 Ask Wealth Advisors Private Limited, buy the company report.
Financials of Ask Wealth Advisors Private Limited
FY 2025 filings availableAsk Wealth Advisors Private Limited reported revenue of ₹234.75 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 26% growth 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹234.75 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹76.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.36 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | 11.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ask Wealth Advisors Private Limited, buy the company report.
Board of directors and KMP of Ask Wealth Advisors Private Limited
Ask Wealth Advisors Private Limited currently reports 7 directors and 1 key managerial person. 20 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Gangadhar Rohokale | Director | 16 Aug 2018 | 8 Years 2 Months | Current |
| Aniket Damle | Nominee Director | 07 Jun 2023 | 3 Years 4 Months | Current |
| Sameer Kishore Koticha Also directs: Aadhya Buildcon Private Limited, Ask Investment Managers Limited, Ask Long-Short Fund Managers Private Limited and 5 more | Director | 30 May 2006 | 20 Years 4 Months | Current |
| Prateek Roongta Also directs: Ask Investment Managers Limited, Ask Long-Short Fund Managers Private Limited, Ask Asset Management Private Limited and 5 more | Nominee Director | 07 Jun 2023 | 3 Years 4 Months | Current |
| Rajesh Saluja | Ceo | 19 Mar 2015 | 11 Years 7 Months | Current |
| Prateek Jain Also directs: Ask Investment Managers Limited | Additional Director | 10 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Ask Wealth Advisors Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Financial Instrument Distributors), 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 |
|---|---|---|---|---|---|---|
| Motilal Oswal Wealth Limited | ₹488.46 Cr (FY 2025) | 33.0% | Mumbai, Maharashtra, India | |||
| Nuvama Wealth and Investment Limited | ₹336.3 Cr (FY 2018) | 51.0% | Mumbai, Maharashtra, India | |||
| Ask Wealth Advisors Private Limitedthis company | ₹234.75 Cr (FY 2025) | ₹26.36 Cr | 11.2% | 26.0% | 247 | Mumbai, Maharashtra, India |
| Incred Wealth Private Limited | ₹231.24 Cr (FY 2025) | 44.0% | Mumbai, Maharashtra, India | |||
| Realvalue Finloan Services Private Limited | ₹201.13 Cr (FY 2025) | 24.0% | Mumbai, Maharashtra, India | |||
| Ubi Services Limited | ₹185.36 Cr (FY 2025) | -16.0% | Thane, Maharashtra, India |
To see the full peer comparison of Ask Wealth Advisors Private Limited, buy the company report.
Auditor
Ask Wealth Advisors Private Limited is audited by S.R. Batliboi & Co. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Co. LLP | FY 2025 | 301003E/E300005 |
Shareholding
The shareholding of Ask Wealth Advisors Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ask Wealth Advisors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2012 | 10403386 | Hdfc Bank Limited | ₹1.2 Cr | Satisfied |
To see the full charge records of Ask Wealth Advisors Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Ask Wealth Advisors Private Limited has 14 deals on record (9 secondary share transfers, 3 funding rounds, 2 rights issues), with disclosed funding of ₹69.76 Cr; the latest was in August 2024.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2024 | Rights issue | ₹250 Cr | Investors: Ask Investment Managers Limited |
| Mar 2021 | Rights issue | ₹100 Cr | Investors: Ask Investment Managers Limited |
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: Ask Investment Managers Limited Seller: an individual |
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: Ask Investment Managers Limited & Asit K Koticha, Ask Investment Managers Limited , Ask Investment Managers Limited & Sameer K Koticha Seller: Ask Investment Managers Limited , 2 individuals |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: Ask Investment Managers Limited Seller: an individual |
To see the full deal history of Ask Wealth Advisors 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
Ask Wealth Advisors Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LC) | Filed against the company by an individual | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (MANRJI) | Filed against the company | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax-6 | Disposed |
To see the full case history of Ask Wealth Advisors Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ask Wealth Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ask Wealth Advisors has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ask Alternatives Managers Private Limited | U74140MH2007PTC168333 | |
| Ask Financial Holdings Private Limited | U74999MH2010PTC199927 |
To see the full group structure of Ask Wealth Advisors Private Limited, buy the company report.
Employees & EPFO
Ask Wealth Advisors Private Limited has a workforce of 247 employees on its EPFO records as of Jan 14, 2026, across 1 active EPFO establishment.
GST
Ask Wealth Advisors has 20 GST registrations: 16 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA9124M1ZD | Maharashtra | Active | 01 Jul 2017 |
| 27AAFCA9124M2ZC | Maharashtra | Active | 17 Feb 2025 |
| 19AAFCA9124M1ZA | West Bengal | Active | 01 Jul 2017 |
| 24AAFCA9124M1ZJ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ask Wealth Advisors Private Limited, buy the company report.
Recent activity
Ask Wealth Advisors Private Limited has 24 board changes on record since 2006: 8 appointments and 16 cessations. The latest: Divyansh Jain was appointed as Additional Director on 10 Dec 2024.
17 earlier events are in the company report.
News
Frequently asked questions
Ask Wealth Advisors is an active private limited company based in Mumbai, Maharashtra, India. The company works in financial product distributors, within the financial services industry. It was incorporated on 30 May 2006 (20+ years old) and is registered under CIN U67190MH2006PTC162465.
Ask Wealth Advisors has 8 current directors and KMP:
- Sunil Gangadhar Rohokale - Director
- Aniket Damle - Nominee Director
- Sameer Kishore Koticha - Director
- Prateek Roongta - Nominee Director
- Prateek Jain - Additional Director
- Divyansh Jain - Additional Director
- Himanshu Dodeja - Nominee Director
- Rajesh Saluja - Ceo
The latest financial statements of Ask Wealth Advisors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ask Wealth Advisors is 27AAFCA9124M1ZD, registered in Maharashtra. The company has 20 GST registrations in all, of which 16 are active and 4 are cancelled or inactive. Other active GSTINs include 27AAFCA9124M2ZC (Maharashtra), 19AAFCA9124M1ZA (West Bengal), 24AAFCA9124M1ZJ (Gujarat).
The CIN (Corporate Identification Number) of Ask Wealth Advisors is U67190MH2006PTC162465. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ask Wealth Advisors has 4 court cases on record: 4 filed against it. 2 are pending. Most are in the district courts.
Ask Wealth Advisors was incorporated on 30 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Ask Wealth Advisors has 14 deals on record (9 secondary share transfers, 3 funding rounds, 2 rights issues), with disclosed funding of ₹69.76 Cr; the latest was in August 2024.
The peers of Ask Wealth Advisors by revenue are Motilal Oswal Wealth Limited, Nuvama Wealth and Investment Limited, Incred Wealth Private Limited, Realvalue Finloan Services Private Limited, Ubi Services Limited, all in the BFSI industry (Financial Instrument Distributors), with the same principal business activity (financial advisory, brokerage and consultancy services).
Divyansh Jain was appointed as Additional Director on 10 Dec 2024. Prateek Jain was appointed as Additional Director on 10 Dec 2024. Aniket Damle ceased to be Additional Director on 07 Aug 2023. Ask Wealth Advisors has 24 board changes on record in total.
Ask Wealth Advisors can be reached through the website askfinancials.com. Its registered office is in Mumbai, Maharashtra, India.