About Decimal Wealth Partners Private Limited
Data last updated:
Decimal Wealth Partners Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 08 December 2017.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2017PTC302605. Its GSTIN is 06AAGCD4536K1ZJ (Haryana).
The company had an authorised share capital of ₹22.5 Cr and a paid-up capital of ₹22.25 Cr. It was led by directors including Akhil Mahesh Daswani (Whole-Time Director) and Abhishek Goyal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 210 2nd Floor Navneelam Bldg. Plot 108 Dr. R. G. Thadani Marg Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2022, the company reported a revenue of ₹19.6 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹2.75 Cr and EBITDA of -₹3.81 Cr. Revenue has declined at a compounded annual rate (CAGR) of 83% over three years.
The last known website on record is decimalfund.in.
Company details
Contact details
Decimal Wealth Partners Private Limited's registered office is in Mumbai, Maharashtra. Its website is decimalfund.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address210 2nd Floor Navneelam Bldg. Plot 108 Dr. R. G. Thadani Marg Worli, Mumbai, Maharashtra, India – 400018
- IndustryFinancial Services, Brokerage & Trading Services, Portfolio Management Services
To see the full contact details of Decimal Wealth Partners 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 activities of Decimal Wealth Partners are financial and insurance service and professional, scientific and technical. In detail, this covers fund management services and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Decimal Wealth Partners Private Limited, buy the company report.
Financials of Decimal Wealth Partners Private Limited
FY 2022 filings availableDecimal Wealth Partners Private Limited reported revenue of ₹19.6 Lakh (down 100% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 83% over three years. EBITDA rose 42% 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
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| EBITDA | -₹3.81 Cr | ||||
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| Net Profit (PAT) | -₹2.75 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Decimal Wealth Partners Private Limited, buy the company report.
Board of directors of Decimal Wealth Partners Private Limited
Decimal Wealth Partners has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akhil Mahesh Daswani | Whole-Time Director | 08 Dec 2017 | 8 Years 11 Months | As last reported |
| Hemanshu Lalitbhai Kapadia Also directs: Perfunova (International) Limited, Integrated Pesticides Private Limited, DNH and DD Power Corporation Limited and 1 more | Irp/Rp/Liquidator | 15 Mar 2023 | 3 Years 7 Months | As last reported |
| Abhishek Goyal Also directs: Typsy Beauty Products LLP, Pearl Global Industries Limited, Earth Paws Private Limited and 4 more | Whole-Time Director | 08 Dec 2017 | 8 Years 11 Months | As last reported |
Auditor
Decimal Wealth Partners Private Limited is audited by DAMJI MERCHANT & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DAMJI MERCHANT & CO | FY 2020 | 102082W |
Shareholding
The shareholding of Decimal Wealth Partners Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Decimal Wealth Partners Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Decimal Wealth Partners 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 Decimal Wealth Partners Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Decimal Wealth Partners has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAGCD4536K1ZJ | Haryana | Active | 04 May 2018 |
To see the full GST registrations and return filing status of Decimal Wealth Partners Private Limited, buy the company report.
Recent activity
Decimal Wealth Partners Private Limited has 7 board changes on record since 2017: 3 appointments and 4 cessations. The latest: Hemanshu Lalitbhai Kapadia was appointed as Irp/Rp/Liquidator on 15 Mar 2023.
Frequently asked questions
Decimal Wealth Partners has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Decimal Wealth Partners was a private limited company based in Mumbai, Maharashtra, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 08 December 2017 and is registered under CIN U67190MH2017PTC302605. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Decimal Wealth Partners was incorporated on 08 December 2017. It is registered with the Registrar of Companies, Mumbai.
Decimal Wealth Partners had 3 directors:
- Akhil Mahesh Daswani - Whole-Time Director
- Abhishek Goyal - Whole-Time Director
- Hemanshu Lalitbhai Kapadia - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Decimal Wealth Partners is U67190MH2017PTC302605. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Decimal Wealth Partners is at 210 2nd Floor Navneelam Bldg. Plot 108 Dr. R. G. Thadani Marg Worli, Mumbai, Maharashtra, India – 400018.
Decimal Wealth Partners can be reached through the website decimalfund.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Decimal Wealth Partners on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Decimal Wealth Partners is 06AAGCD4536K1ZJ, registered in Haryana.
Decimal Wealth Partners operated in the financial services industry, in the brokerage and trading services segment.
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