About Ekvity Wealth Management Private Limited
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Ekvity Wealth Management Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 17 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2018PTC318377. Its GSTIN is 27AAFCE3008A1ZB (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.8 Lakh. It is led by directors Kharanshu Samir Parikh and Smit Vipul Jhaveri.
Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 21 Vidya Villa Bldg.No.2. 2nd Floor Old Nagardas Road Andheri (East), Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.43 Cr, a growth of 93% compared to the previous year. For the same year it recorded a net profit of ₹15.54 Lakh (net margin 10.9%) and EBITDA of ₹27.35 Lakh (EBITDA margin 19.1%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 62% over five years.
For more details, the company can be reached via its website ekvity.com.
Company details
Contact details
Ekvity Wealth Management Private Limited's registered office is in Mumbai, Maharashtra. Its website is ekvity.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address21 Vidya Villa Bldg.No.2. 2nd Floor Old Nagardas Road Andheri (East), Mumbai, Maharashtra, India – 400069
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Ekvity Wealth Management 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 Ekvity Wealth Management is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Ekvity Wealth Management Private Limited, buy the company report.
Financials of Ekvity Wealth Management Private Limited
FY 2024 filings availableEkvity Wealth Management Private Limited reported revenue of ₹1.43 Cr (up 93% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 62% over five years, including 93% 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 |
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| EBITDA | ₹27.35 Lakh | ||||
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| Net Profit (PAT) | ₹15.54 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 | 19.1% | ||||
| Net Profit Margin | 10.9% | ||||
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To see the full financial statements and ratios of Ekvity Wealth Management Private Limited, buy the company report.
Board of directors of Ekvity Wealth Management Private Limited
Ekvity Wealth Management has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kharanshu Samir Parikh Also directs: Ekvity Ventures LLP, Eksure Insurance Brokers Private Limited, Ekvity Investment Managers Private Limited and 2 more | Director | 17 Dec 2018 | 7 Years 10 Months | Current |
| Smit Vipul Jhaveri Also directs: Ekvity Ventures LLP, Ekvity Investment Managers Private Limited, Ekvity Capserv Private Limited and 3 more | Director | 17 Dec 2018 | 7 Years 10 Months | Current |
Auditor
Ekvity Wealth Management Private Limited is audited by B. S. Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. S. Shah & Co. | FY 2023 | 109509W |
Shareholding
The shareholding of Ekvity Wealth Management 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 Ekvity Wealth Management Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ekvity Wealth Management 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
Ekvity Wealth Management Private Limited has 2 MSME Form 1 returns on record between 2021 and 2023, listing 4 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| KJB Co. and LLP |
To see the full MSME payment records of Ekvity Wealth Management Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ekvity Wealth Management has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCE3008A1ZB | Maharashtra | Active | 11 Jul 2019 |
To see the full GST registrations and return filing status of Ekvity Wealth Management Private Limited, buy the company report.
Recent activity
Ekvity Wealth Management Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Kharanshu Samir Parikh was appointed as Director on 17 Dec 2018.
Frequently asked questions
Ekvity Wealth Management is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 17 December 2018 (8+ years old) and is registered under CIN U67190MH2018PTC318377.
Ekvity Wealth Management has 2 current directors:
- Kharanshu Samir Parikh - Director
- Smit Vipul Jhaveri - Director
The latest financial statements of Ekvity Wealth Management on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Ekvity Wealth Management is 27AAFCE3008A1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ekvity Wealth Management is U67190MH2018PTC318377. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ekvity Wealth Management was incorporated on 17 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Kharanshu Samir Parikh was appointed as Director on 17 Dec 2018. Smit Vipul Jhaveri was appointed as Director on 17 Dec 2018.
Ekvity Wealth Management has 2 MSME Form 1 returns on record between 2021 and 2023, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 10 Nov 2023.
Ekvity Wealth Management can be reached through the website ekvity.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ekvity Wealth Management is at 21 Vidya Villa Bldg.No.2. 2nd Floor Old Nagardas Road Andheri East, Mumbai, Maharashtra, India – 400069.
Ekvity Wealth Management operates in the financial services industry, in the diversified financial services segment.
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