About Centrum Wealth Limited
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Centrum Wealth Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Centrum Retail Services Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 25 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65993MH2008PLC178252. Its GSTIN is 27AADCC2672E1ZV (Maharashtra). The company holds 9 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹20 Cr. It was formerly known as Centrum Client Services Limited and Centrum Wealth Management Limited. It is led by directors including Sandeep Das (Managing Director) and Santosh Rama Suvarna (Whole-Time Director).
Its last annual general meeting (AGM) was held on 04 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Level – 3 Centrum House C.S.T. Road Vidyanagari Marg Kalina Santacruz (E), Mumbai, Maharashtra, India – 400098.
As per the financials filed for FY 2025, the company reported a revenue of ₹168.37 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹6.59 Cr (net margin 3.9%) and EBITDA of ₹17.05 Cr (EBITDA margin 10.1%).
The company has about 228 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Centrum Wealth and Centrum. As per MCA filings, the company has open charges of ₹20 Cr on record. Court records list 26 cases involving the company, including 23 filed by the company and 3 filed against it; 15 cases are pending. The company has 14 deals on record (12 secondary share transfers, 2 acquisitions); the latest was in March 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website centrum.co.in.
Company details
Name history
Centrum Wealth has undergone 5 name changes throughout its history. The current legal name is Centrum Wealth Limited.
| Company Name | Status |
|---|---|
| Centrum Wealth Limited | Current |
| Centrum Client Services Limited | Previous |
| Centrum Wealth Management Limited | Previous |
| Cwml Client Services Limited | Previous |
| Centrum Wealth Services Limited | Previous |
| Centrum Investments Limited | Previous |
Contact details
Centrum Wealth Limited's registered office is in Mumbai, Maharashtra. Its website is centrum.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLevel – 3 Centrum House C.S.T. Road Vidyanagari Marg Kalina Santacruz (E), Mumbai, Maharashtra, India – 400098
- IndustryFinancial Services, Brokerage & Trading Services, Asset Management Firms
To see the full contact details of Centrum Wealth 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
Brands
Centrum Wealth operates two associated brands: Centrum Wealth and Centrum. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers personalized wealth management solutions for high-net-worth individuals and corporations. | centrumwealth.co.in | |
| Integrated financial services are provided to corporates and individuals. | centrum.co.in |
Business activity
The main business activity of Centrum Wealth is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Centrum Wealth Limited, buy the company report.
Financials of Centrum Wealth Limited
FY 2025 filings availableCentrum Wealth Limited reported revenue of ₹168.37 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 28% in the latest year. EBITDA rose 104% in the latest 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 | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹168.37 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹17.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.59 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 10.1% | ||||
| Net Profit Margin | 3.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Centrum Wealth Limited, buy the company report.
Board of directors of Centrum Wealth Limited
Centrum Wealth has 7 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Steven Angelo Pinto | Director | 05 Feb 2021 | 5 Years 9 Months | Current |
| Radhamangalam Anantharaman Sankaranarayanan | Director | 03 Feb 2023 | 3 Years 9 Months | Current |
| Ashmita Sethi | Director | 24 Jan 2026 | 0 Years 9 Months | Current |
| Santosh Rama Suvarna | Whole-Time Director | 28 Jan 2026 | 0 Years 9 Months | Current |
| Basant Seth | Director | 21 Jul 2025 | 1 Years 3 Months | Current |
| Shailendra Kishor Apte Also directs: Ipal Fund Managers LLP, Sportz Ventures Private Limited, Geometric Mercantile Company Private Limited and 2 more | Director | 21 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Centrum Wealth Limited is audited by A. T. Jain & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. T. Jain & Co. | FY 2023 | 103886W |
Shareholding
The shareholding of Centrum Wealth Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Centrum Wealth Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2025 | 101214852 | Others | ₹20 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Centrum Wealth Limited has 14 deals on record (12 secondary share transfers, 2 acquisitions); the latest was in March 2024.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Centrum Financial Services Limited Seller: JBCG Advisory Services Private Limited |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Centrum Retail Services Limited Seller: CWML-Employee Shares-Operated By-Crawford Bayley & Co |
| Nov 2023 | Secondary share transfer | Undisclosed | Buyer: Centrum Retail Services Limited Seller: CWML-Employee Shares-Operated By-Crawford Bayley & Co |
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: Centrum Retail Services Limited Seller: CWML-Employee Shares-Operated By-Crawford Bayley & Co |
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: JBCG Advisory Services Private Limited Seller: CWML-Employee Shares-Operated By-Crawford Bayley & Co |
To see the full deal history of Centrum Wealth 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
Centrum Wealth Limited has 26 court cases on record: 23 filed by Centrum Wealth, 3 filed against it. 15 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 3 | 15 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Standard Financial Consultants Private Limited and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Standard Financial Consultants Private Limited and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SW) | Filed by the company against Standard Financial Consultants Private Limited and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Standard Financial Consultants Private Limited and 3 others | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by an individual | Pending |
To see the full case history of Centrum Wealth 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 Centrum Wealth Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Centrum Wealth has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Centrum Investment Advisors Limited | U74999MH2015PLC268712 |
To see the full group structure of Centrum Wealth Limited, buy the company report.
Employees & EPFO
Centrum Wealth Limited has a workforce of 228 employees on its EPFO records as of Apr 04, 2024, across 2 active EPFO establishments.
GST
Centrum Wealth has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC2672E1ZV | Maharashtra | Active | 01 Jul 2017 |
| 27AADCC2672E2ZU | Maharashtra | Active | 14 Apr 2021 |
| 04AADCC2672E1Z3 | Chandigarh | Active | 01 Jul 2017 |
| 24AADCC2672E1Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Centrum Wealth Limited, buy the company report.
Recent activity
Centrum Wealth Limited has 49 board changes on record since 2008: 28 appointments and 21 cessations. The latest: Santosh Rama Suvarna was appointed as Whole-Time Director on 28 Jan 2026.
41 earlier events are in the company report.
News
Frequently asked questions
Centrum Wealth is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 25 January 2008 (18+ years old) and is registered under CIN U65993MH2008PLC178252.
Centrum Wealth has 7 current directors:
- Sandeep Das - Managing Director
- Santosh Rama Suvarna - Whole-Time Director
- Steven Angelo Pinto - Director
- Radhamangalam Anantharaman Sankaranarayanan - Director
- Ashmita Sethi - Director
- Basant Seth - Director
- Shailendra Kishor Apte - Director
The latest financial statements of Centrum Wealth on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Centrum Wealth is 27AADCC2672E1ZV, registered in Maharashtra. The company has 9 GST registrations in all, of which 9 are active. Other active GSTINs include 27AADCC2672E2ZU (Maharashtra), 04AADCC2672E1Z3 (Chandigarh), 24AADCC2672E1Z1 (Gujarat).
The CIN (Corporate Identification Number) of Centrum Wealth is U65993MH2008PLC178252. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Centrum Wealth has 26 court cases on record: 23 filed by the company and 3 filed against it. 15 are pending.
Centrum Wealth was incorporated on 25 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Centrum Wealth has 14 deals on record (12 secondary share transfers, 2 acquisitions); the latest was in March 2024.
Santosh Rama Suvarna was appointed as Whole-Time Director on 28 Jan 2026. Ashmita Sethi was appointed as Director on 24 Jan 2026. Subhash Gundappa Kutte ceased to be Director on 20 Aug 2025. Centrum Wealth has 49 board changes on record in total.
Centrum Wealth can be reached through the website centrum.co.in. Its registered office is in Mumbai, Maharashtra, India.
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