
About Equialpha Prime Wealth Private Limited
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Equialpha Prime Wealth Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 29 August 2018.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U65999MP2018PTC046425. Its GSTIN is 23AAFCE1528H1Z0 (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Equialpha Wealth Advisers Private Limited. It is led by directors Devang Maheshwari and Gourav Gupta.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at F – 306 Shrinath Complex 21 South Yashwant Ganj, Indore, Madhya Pradesh, India – 452002.
As per the financials filed for FY 2023, the company reported a revenue of ₹76,010, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹35,270 (net margin -46.4%) and EBITDA of -₹20,810 (EBITDA margin -27.4%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years.
The company is associated with 1 brand: Equialpha.
The last known website on record is equialpha.com.
Company details
Recognitions & Rankings of Equialpha Prime Wealth
Contact details
Equialpha Prime Wealth Private Limited's registered office is in Indore, Madhya Pradesh. Its website is equialpha.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressF – 306 Shrinath Complex 21 South Yashwant Ganj, Indore, Madhya Pradesh, India – 452002
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Equialpha Prime Wealth 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
Brands
Equialpha Prime Wealth operates one associated brand: Equialpha. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides online trading courses, stock analysis, and membership for financial education. | equialpha.com |
Business activity
The main business activity of Equialpha Prime 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 |
Financials of Equialpha Prime Wealth Private Limited
FY 2023 filings availableEquialpha Prime Wealth Private Limited reported revenue of ₹76,010 (down 95% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over three years, including a 95% fall in the latest year. EBITDA fell 113% 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 | -₹20,810 | ||||
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| Net Profit (PAT) | -₹35,270 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -27.4% | ||||
| Net Profit Margin | -46.4% | ||||
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To see the full financial statements and ratios of Equialpha Prime Wealth Private Limited, buy the company report.
Board of directors of Equialpha Prime Wealth Private Limited
Equialpha Prime Wealth has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devang Maheshwari | Director | 29 Aug 2018 | 8 Years 1 Months | Current |
| Gourav Gupta Also directs: Rupyz Fintech Private Limited | Director | 29 Aug 2018 | 8 Years 1 Months | Current |
Auditor
Equialpha Prime Wealth Private Limited is audited by MAHESH C SOLANKI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESH C SOLANKI & CO | FY 2020 | 006228C |
Shareholding
The shareholding of Equialpha Prime Wealth Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Equialpha Prime Wealth Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Equialpha Prime 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 Equialpha Prime Wealth Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Equialpha Prime Wealth has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCE1528H1Z0 | Madhya Pradesh | Active | 11 Oct 2018 |
To see the full GST registrations and return filing status of Equialpha Prime Wealth Private Limited, buy the company report.
Recent activity
Equialpha Prime Wealth Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Devang Maheshwari was appointed as Director on 29 Aug 2018.
Frequently asked questions
Equialpha Prime Wealth is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Equialpha Prime Wealth is a company pending strike off, currently registered as a private limited company based in Indore, Madhya Pradesh, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 29 August 2018 and is registered under CIN U65999MP2018PTC046425. The company may be struck off soon - caution is advised.
Equialpha Prime Wealth has 2 current directors:
- Devang Maheshwari - Director
- Gourav Gupta - Director
The CIN (Corporate Identification Number) of Equialpha Prime Wealth is U65999MP2018PTC046425. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Equialpha Prime Wealth was incorporated on 29 August 2018. It is registered with the Registrar of Companies, Gwalior.
Yes, Equialpha Prime Wealth is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Equialpha Prime Wealth can be reached through the website equialpha.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Equialpha Prime Wealth is at F – 306 Shrinath Complex 21 South Yashwant Ganj, Indore, Madhya Pradesh, India – 452002.
The latest financial statements of Equialpha Prime Wealth on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Equialpha Prime Wealth is 23AAFCE1528H1Z0, registered in Madhya Pradesh.