MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0177297
Equentis Wealth Advisory Services Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹77.76 Cr
▲ 6% YoY
Net loss · FY 2025
₹34.55 Cr
Net margin -44.4%
EBITDA · FY 2025
-₹29.05 Cr
EBITDA margin -37.4%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹2.79 Cr
Issued & subscribed
Open charges
₹22.5 Cr
Satisfied ₹4.02 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
286
Provident fund records
About Equentis Wealth Advisory Services Limited
Data last updated:
Equentis Wealth Advisory Services Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 19 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PLC262812. Its GSTIN is 27AADCE9006E1ZV (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹2.79 Cr. It is led by directors including Manish Goel (Managing Director) and Soniya Manish Goel (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 603 Marathon Futurex Mafatlal Mills Compound N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹77.76 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹34.55 Cr (net margin -44.4%) and EBITDA of -₹29.05 Cr (EBITDA margin -37.4%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 54% over five years.
The company has about 286 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: MultiplyRR and Equentis Wealth Advisory Services. As per MCA filings, the company has open charges of ₹22.5 Cr and satisfied charges of ₹4.02 Cr on record. The company has 17 deals on record (7 rights issues, 5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹18.56 Cr; the latest was in November 2022. The company has 4 MSME Form 1 returns on record between 2019 and 2023, listing 35 overdue payments to 4 micro and small suppliers.
Equentis Wealth Advisory Services Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0177297). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website researchandranking.com.
Company details
CIN U74999MH2015PLC262812
Registration Number 262812
Incorporation Date 19 March 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0177297
CIN history
Equentis Wealth Advisory Services has one previous CIN (Corporate Identification Number): U74999MH2015PTC262812. The current CIN is U74999MH2015PLC262812, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH2015PLC262812 | Current |
| U74999MH2015PTC262812 | Previous |
Key People
Manish Goel Managing Director Soniya Manish Goel Whole-Time Director Jeetendra Unnikrishnan Nair Whole-Time Director Recognitions & Rankings of Equentis Wealth Advisory Services
Contact details
Equentis Wealth Advisory Services Limited's registered office is in Mumbai, Maharashtra. Its website is researchandranking.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressA – 603 Marathon Futurex Mafatlal Mills Compound N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Equentis Wealth Advisory Services Limited, buy the company report.
Comprehensive company report
Equentis Wealth Advisory Services 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
Equentis Wealth Advisory Services operates two associated brands: MultiplyRR and Equentis Wealth Advisory Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Equity research services for stock market analysis are provided. | multiplyrr.com | |
| Investment advisory and research platform | equentis.com |
Business activity
The main business activity of Equentis Wealth Advisory Services 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 Equentis Wealth Advisory Services Limited, buy the company report.
Financials of Equentis Wealth Advisory Services Limited
FY 2025 filings availableEquentis Wealth Advisory Services Limited reported revenue of ₹77.76 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹77.76 Cr ▲ 6%
Net loss · FY 2025
₹34.55 Cr margin -44.4%
EBITDA · FY 2025
-₹29.05 Cr margin -37.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 24%
5 years · compounded
▲ 54%
EBITDA CAGR growth
3 years · compounded
▼ 139%
5 years · compounded
▼ 29%
Revenue has grown at a compounded annual rate (CAGR) of 54% over five years, including 6% 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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| Total Expenses | |||||
| EBITDA | -₹29.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹34.55 Cr | ||||
| Balance Sheet | |||||
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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 | -37.4% | ||||
| Net Profit Margin | -44.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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To see the full financial statements and ratios of Equentis Wealth Advisory Services Limited, buy the company report.
Board of directors of Equentis Wealth Advisory Services Limited
Equentis Wealth Advisory Services has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Kumar Anand | Director | 01 Apr 2022 | 4 Years 7 Months | Current |
| Monam Kapoor Also directs: Aanjaay Industries Limited, Lorenzini Apparels Limited, Plaza Wires Limited and 5 more | Director | 22 Dec 2023 | 2 Years 10 Months | Current |
| Swati Jain | Director | 22 Dec 2023 | 2 Years 10 Months | Current |
| Manish Goel Also directs: Equentis Investech Limited, Equentis Edutech Limited | Managing Director | 19 Mar 2015 | 11 Years 7 Months | Current |
| Soniya Manish Goel Also directs: Equentis Investech Limited, Equentis Edutech Limited | Whole-Time Director | 19 Mar 2015 | 11 Years 7 Months | Current |
| Jeetendra Unnikrishnan Nair Also directs: Equentis Investech Limited, Searchlight HR Services Private Limited, Unilight Hospitality Services Private Limited and 2 more | Whole-Time Director | 19 Sep 2020 | 6 Years 1 Months | Current |
Auditor
Equentis Wealth Advisory Services Limited is audited by Shikhar Jain & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shikhar Jain & Co. | FY 2024 | 110120W |
Shareholding
The shareholding of Equentis Wealth Advisory Services 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 Equentis Wealth Advisory Services Limited, buy the company report.
Charges & borrowings
Open charges
₹22.5 Cr
Satisfied charges
₹4.02 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jan 2025 | 101041685 | Others | ₹7 Cr | Open | |
| 07 Nov 2024 | 101011318 | Others | ₹10 Cr | Open | |
| 12 Jul 2023 | 100748112 | Others | ₹50 Lakh | Open | |
| 12 Jul 2023 | 100748089 | Others | ₹2 Cr | Open | |
| 28 Feb 2023 | 100762985 | Others | ₹3 Cr | Open |
To see the full charge records of Equentis Wealth Advisory Services Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Equentis Wealth Advisory Services Limited has 17 deals on record (7 rights issues, 5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹18.56 Cr; the latest was in November 2022.
Total deals
17
Rights issues
7
Funding rounds
5
Secondary share transfers
5
Disclosed funding
₹18.56 Cr
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Funding round | ₹2.24 Cr | Investors: Lead Invest (Lead Angels) |
| Apr 2022 | Rights issue | ₹3.65 Cr | Investors: 4 individuals |
| Apr 2020 | Rights issue | ₹10.33 Cr | Investors: Epacific Services Private Limited , 3 individuals Seller: 4 individuals |
| Jun 2018 | Rights issue | ₹3.32 Cr | Investors: Epacific Services Private Limited , 3 individuals Seller: 2 individuals |
| Oct 2017 | Rights issue | ₹5.27 Cr | Investors: Ez Estates LLP , 3 individuals |
To see the full deal history of Equentis Wealth Advisory Services 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
No court or tribunal cases involving Equentis Wealth Advisory Services 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
Equentis Wealth Advisory Services Limited has 4 MSME Form 1 returns on record between 2019 and 2023, listing 35 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Inspireone Technologies Private Limited | |||
| Trinity Excursions Private Limited | |||
| Coreip Technology Private Limited |
To see the full MSME payment records of Equentis Wealth Advisory Services Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Equentis Wealth Advisory Services Limited has a workforce of 286 employees on its EPFO records as of Apr 2026, across 1 active EPFO establishment.
Employee count
286
Active EPFO establishments
1
Employee growth
-42.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 286 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Equentis Wealth Advisory Services Limited, buy the company report.
GST
Equentis Wealth Advisory Services has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCE9006E1ZV | Maharashtra | Active | 01 Jul 2017 |
| 29AADCE9006E1ZR | Karnataka | Active | 17 Dec 2019 |
| 09AADCE9006E1ZT | Uttar Pradesh | Active | 18 Dec 2019 |
To see the full GST registrations and return filing status of Equentis Wealth Advisory Services Limited, buy the company report.
Recent activity
Equentis Wealth Advisory Services Limited has 16 board changes on record since 2015: 7 appointments and 9 cessations. The latest: Monam Kapoor ceased to be Additional Director on 29 Sep 2024.
AGM
Equentis Wealth Advisory Services Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Equentis Wealth Advisory Services Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 101041685 was registered on 06 Jan 2025.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101011318 was registered on 07 Nov 2024.
Ceased
Monam Kapoor ceased to be Additional Director.
Ceased
Swati Jain ceased to be Additional Director.
Appointed
Monam Kapoor was appointed as Director.
Appointed
Nikita Monil Choksi was appointed as CFO.
Appointed
Swati Jain was appointed as Director.
Ceased
Ashish Jagdish Bajaj ceased to be Whole-Time Director.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100748112 was registered on 12 Jul 2023.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100748089 was registered on 12 Jul 2023.
20 earlier events are in the company report.
News
From our blog
Frequently asked questions
Equentis Wealth Advisory Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 19 March 2015 (11+ years old) and is registered under CIN U74999MH2015PLC262812.
Equentis Wealth Advisory Services has 6 current directors:
- Manish Goel - Managing Director
- Soniya Manish Goel - Whole-Time Director
- Jeetendra Unnikrishnan Nair - Whole-Time Director
- Sanjeev Kumar Anand - Director
- Monam Kapoor - Director
- Swati Jain - Director
The latest financial statements of Equentis Wealth Advisory Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Equentis Wealth Advisory Services is 27AADCE9006E1ZV, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AADCE9006E1ZR (Karnataka), 09AADCE9006E1ZT (Uttar Pradesh).
The CIN (Corporate Identification Number) of Equentis Wealth Advisory Services is U74999MH2015PLC262812. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Equentis Wealth Advisory Services was incorporated on 19 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Equentis Wealth Advisory Services has 17 deals on record (7 rights issues, 5 funding rounds, 5 secondary share transfers), with disclosed funding of ₹18.56 Cr; the latest was in November 2022.
Monam Kapoor ceased to be Additional Director on 29 Sep 2024. Swati Jain ceased to be Additional Director on 29 Sep 2024. Monam Kapoor was appointed as Director on 22 Dec 2023. Equentis Wealth Advisory Services has 16 board changes on record in total.
Yes, Equentis Wealth Advisory Services is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0177297).
Equentis Wealth Advisory Services has 4 MSME Form 1 returns on record between 2019 and 2023, listing 35 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 Aug 2023.
Equentis Wealth Advisory Services can be reached through the website researchandranking.com. Its registered office is in Mumbai, Maharashtra, India.
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