India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,009 Arunkumar Poddar & family ₹2,700 Cr
Revenue · FY 2025
₹6.64 Cr
▲ 89% YoY
Net profit · FY 2025
₹88.23 Lakh
Net margin 13.3%
EBITDA · FY 2025
₹1.03 Cr
EBITDA margin 15.5%
Authorised capital
₹65 Lakh
Registered with MCA
Paid-up capital
₹64.16 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Employees · EPFO
15
Provident fund records
Directors on board
2
As per MCA filings
About Choice Wealth Private Limited
Data last updated:
Choice Wealth Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Choice Equity Broking Private Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 06 January 2010 and has been in existence for over 16 years.
Its director Arunkumar Poddar and family are #1,009 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2010PTC198598. Its GSTIN is 27AADCC8290Q1ZW (Maharashtra).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹64.16 Lakh. It was formerly known as Choice Wealth Management Private Limited. It is led by directors Arun Kumar Poddar and Ajay Rajendra Kejriwal.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sunil Patodia Tower Plot No. 156 – 158 J.B. Nagar Andheri (East), Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.64 Cr, a growth of 89% compared to the previous year. For the same year it recorded a net profit of ₹88.23 Lakh (net margin 13.3%) and EBITDA of ₹1.03 Cr (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 58% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Investica and Choice. The company has 5 deals on record (3 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹3.47 Cr; the latest was in February 2025. Its 3 peer companies in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services) are compared by revenue, 2 larger and 1 smaller; the largest is Navkar Share and Stock Brokers Private Limited with revenue of ₹6.67 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 choiceindia.com.
Company details
CIN U65999MH2010PTC198598
Registration Number 198598
Incorporation Date 06 January 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Choice Equity Broking Private Limited
Compliance Status Active Compliant
Recognitions & Rankings of Choice Wealth
Contact details
Choice Wealth Private Limited's registered office is in Mumbai, Maharashtra. Its website is choiceindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressSunil Patodia Tower Plot No. 156 – 158 J.B. Nagar Andheri (East), Mumbai, Maharashtra, India – 400099
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Choice Wealth Private Limited, buy the company report.
Comprehensive company report
Choice Wealth Private Limited - one report that includes everything
- 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
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Brands
Choice Wealth operates two associated brands: Investica and Choice. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mutual funds are bought and tracked via an online platform. | investica.com | |
| A full-service stockbroker offering diverse investment options in India. | choiceindia.com |
Business activity
The main business activity of Choice Wealth 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 Choice Wealth Private Limited, buy the company report.
Financials of Choice Wealth Private Limited
FY 2025 filings availableChoice Wealth Private Limited reported revenue of ₹6.64 Cr (up 89% YoY) for FY 2025.
Revenue · FY 2025
₹6.64 Cr ▲ 89%
Net profit · FY 2025
₹88.23 Lakh margin 13.3%
EBITDA · FY 2025
₹1.03 Cr margin 15.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 89%
3 years · compounded
▲ 63%
5 years · compounded
▲ 58%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 39%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 89% growth in the latest year. EBITDA fell 7% 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 |
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| EBITDA | ₹1.03 Cr | ||||
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| Net Profit (PAT) | ₹88.23 Lakh | ||||
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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 | 15.5% | ||||
| Net Profit Margin | 13.3% | ||||
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To see the full financial statements and ratios of Choice Wealth Private Limited, buy the company report.
Board of directors of Choice Wealth Private Limited
Choice Wealth has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kumar Poddar Also directs: Choice Strategic Advisors LLP, Choice International Limited, Choice Consultancy Services Private Limited and 5 more | Director | 13 Oct 2023 | 3 Years 0 Months | Current |
| Ajay Rajendra Kejriwal Also directs: Choice International Limited, Choice Amc Private Limited, Arete Capital Service Private Limited and 5 more | Director | 16 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Choice Wealth Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Broking Services), 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 |
|---|---|---|---|---|---|---|
| Navkar Share and Stock Brokers Private Limited | ₹6.67 Cr (FY 2025) | 19.0% | Gift, Gujarat, India | |||
| Kuber Finstock Private Limited | ₹6.65 Cr (FY 2024) | 68.0% | Rajkot, Gujarat, India | |||
| Choice Wealth Private Limitedthis company | ₹6.64 Cr (FY 2025) | ₹88.23 Lakh | 13.3% | 89.0% | 15 | Mumbai, Maharashtra, India |
| Investor Shoppe Private Limited | ₹6.62 Cr (FY 2024) | 31.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Choice Wealth Private Limited, buy the company report.
Auditor
Choice Wealth Private Limited is audited by Asbs & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Asbs & Co. | FY 2023 | 135952W |
Shareholding
The shareholding of Choice Wealth Private 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 Choice Wealth Private Limited, buy the company report.
Deals & funding
Choice Wealth Private Limited has 5 deals on record (3 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹3.47 Cr; the latest was in February 2025.
Total deals
5
Secondary share transfers
3
Acquisition
1
Funding round
1
Disclosed funding
₹3.47 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2025 | Acquisition | ₹36 Cr | Buyer: Choice Equity Broking Private Limited |
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Yamini Mercantiles Private Limited |
| Mar 2010 | Funding round | ₹3.47 Cr | Investors: Yamini Mercantiles Private Limited , Vijayshree Builders Private Limited, R.P. Computer Forms Private Limited |
| Jan 2010 | Secondary share transfer | Undisclosed | Buyer: Vijayshree Builders Private Limited, Dhrubtara Trading Private Limited , 2 individuals Seller: C.V. Metal Powders (Haryana) Ltd. , 3 individuals |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Yamini Mercantiles Private Limited Seller: BLSB Financial Services Private Limited , Skar Securities Private Limited , 2 individuals |
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 Choice Wealth 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 Choice Wealth Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Choice Wealth Private Limited has a workforce of 15 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
Employee growth
25%
GST
Choice Wealth has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC8290Q1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Choice Wealth Private Limited, buy the company report.
Recent activity
Choice Wealth Private Limited has 7 board changes on record since 2011: 2 appointments and 5 cessations. The latest: Arun Kumar Poddar ceased to be Additional Director on 16 Sep 2024.
AGM
Choice Wealth Private Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Filing
Choice Wealth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Arun Kumar Poddar ceased to be Additional Director.
Ceased
Kamal Poddar ceased to be Director.
Appointed
Arun Kumar Poddar was appointed as Director.
Ceased
Amit Kumar Singh ceased to be Additional Director.
Ceased
Mohan Vithal Arvandekar ceased to be Director.
Appointed
Ajay Rajendra Kejriwal was appointed as Director.
Ceased
Anil Chothmal Patodia ceased to be Director.
Incorporation
06 Jan 2010
Choice Wealth Private Limited was registered on 06 Jan 2010 with Roc Mumbai & aged 16 years 9 months as per MCA records.
News
Frequently asked questions
Choice Wealth is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 06 January 2010 (16+ years old) and is registered under CIN U65999MH2010PTC198598.
Choice Wealth has 2 current directors:
- Arun Kumar Poddar - Director
- Ajay Rajendra Kejriwal - Director
The latest financial statements of Choice Wealth on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Choice Wealth is 27AADCC8290Q1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Choice Wealth is U65999MH2010PTC198598. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Choice Wealth was incorporated on 06 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Choice Wealth has 5 deals on record (3 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹3.47 Cr; the latest was in February 2025.
The peers of Choice Wealth by revenue are Navkar Share and Stock Brokers Private Limited, Kuber Finstock Private Limited, Investor Shoppe Private Limited, all in the BFSI industry (Broking Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Arun Kumar Poddar ceased to be Additional Director on 16 Sep 2024. Kamal Poddar ceased to be Director on 16 Nov 2023. Arun Kumar Poddar was appointed as Director on 13 Oct 2023. Choice Wealth has 7 board changes on record in total.
Choice Wealth can be reached through the website choiceindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Choice Wealth is at Sunil Patodia Tower Plot No. 156 – 158 J.B. Nagar Andheri East, Mumbai, Maharashtra, India – 400099.