About Boal Financial Private Limited
Data last updated: 13 February 2026
Boal Financial Private Limited is a private limited company based in Bangalore, Karnataka, India. It specialises in financial auxiliary services, a part of the broader financial services sector. Incorporated on 10 July 1986, the company has been in operation for over 40 years.
Registered with ROC Bangalore under CIN U67100KA1986PTC007691.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. Formerly known as Boal Financial Services Private Limited and Wealth Lab Private Limited. It is led by directors including Karan Boal and Kiran Chandra Navin Boal.
Last AGM: 25 September 2025. Financial statements filed for year ended 31 March 2025. Office: Boal Centre 3Rd Floor 2Nd Cross Gandhinagar, Bangalore, Karnataka, India – 560009.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.91 Cr, a growth of 33% compared to the previous year.
As per MCA filings, the company has satisfied charges of ₹30,000 on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wealthlab.co.in.
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Registered AddressBoal Centre 3Rd Floor 2Nd Cross Gandhinagar, Bangalore, Karnataka, India – 560009
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IndustryFinancial Services, Auxiliary To Financial Intermediatory
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Boal Financial Private Limited
Boal Financial Private Limited has undergone 3 name changes throughout its history. The company was previously known as Boal Financial Services Private Limited, Wealth Lab Private Limited, and Boal Financial Private Limited. The current legal name is Boal Financial Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Boal Financial Private Limited | Current |
| Boal Financial Services Private Limited | Previous |
| Wealth Lab Private Limited | Previous |
CIN History of Boal Financial Private Limited
Boal Financial Private Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U67100KA1986PTC007691, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67100KA1986PTC007691 | Current |
| U65100KA1986PTC007691 | Previous |
| U65910KA1986PTC007691 | Previous |
| U65900KA1986PTC007691 | Previous |
Business Activity of Boal Financial Private Limited
Boal Financial Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details for Boal Financial Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Boal Financial Private Limited
Boal Financial Private Limited is audited by GOWTHAMA&COMPANY for the financial year 2017. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GOWTHAMA&COMPANY | Locked | Locked | Locked |
Complete auditor history for Boal Financial Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Boal Financial Private Limited
Boal Financial Private Limited is currently managed by 3 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Karan Boal
Also directs:
Boal Financial Private Limited
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Whole-Time Director | 01 Apr 2010 | 16 Years 3 Months | Current |
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Kiran Chandra Navin Boal
Also directs:
Boal Financial Private Limited
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Whole-Time Director | 10 Jul 1986 | 40 Years 0 Months | Current |
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Chandrika Boal
Also directs:
Boal Financial Private Limited
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Whole-Time Director | 10 Jul 1986 | 40 Years 0 Months | Current |
Financials of Boal Financial Private Limited FY 2025 filings available
Boal Financial Private Limited reported revenue of ₹2.91 Cr (up 33.00% YoY) for FY 2025.
Ten-year financial statements for Boal Financial Private Limited
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Ownership and Shareholding of Boal Financial Private Limited
Shareholding and ownership data for Boal Financial Private Limited
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- FII and DII holdings
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Charges & Borrowings of Boal Financial Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 1991 | State Bank of India | ₹30,000 | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Boal Financial Private Limited
View historical data on people associated with Boal Financial Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Boal Financial Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Boal Financial Private Limited
GST registrations and filing compliance for Boal Financial Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Boal Financial Private Limited
Credit ratings, litigation, and regulatory alerts for Boal Financial Private Limited
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- Rating history
- Court and tribunal cases
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MSME Payment Delays by Boal Financial Private Limited
MSME payment history for Boal Financial Private Limited
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- Outstanding amounts
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Subsidiaries & Group Companies of Boal Financial Private Limited
Corporate group structure for Boal Financial Private Limited
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MCA Filings & Documents of Boal Financial Private Limited
MCA filings and documents for Boal Financial Private Limited
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- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Boal Financial Private Limited
Frequently Asked Questions about Boal Financial Private Limited
Boal Financial Private Limited is an active private limited company in the financial services sector based in Bangalore, Karnataka, India. It was incorporated on 10 July 1986 (40+ years old) and is registered under CIN U67100KA1986PTC007691.
Boal Financial Private Limited reported revenue of ₹2.91 Cr for FY 2025 (up 33.00% YoY).
The current directors of Boal Financial Private Limited are:
- Karan Boal - Whole-Time Director
- Kiran Chandra Navin Boal - Whole-Time Director
- Chandrika Boal - Whole-Time Director
The primary industry of Boal Financial Private Limited is financial services. The company specifically operates in auxiliary to financial intermediatory. The company is currently active in this sector.
Boal Financial Private Limited can be reached at the registered office: Boal Centre 3Rd Floor 2Nd Cross Gandhinagar, Bangalore, Karnataka, India – 560009, or through the website wealthlab.co.in.
The authorised capital is ₹10 Lakh, and the paid-up capital is ₹10 Lakh.