About Equirus Wealth Private Limited
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Equirus Wealth Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Equirus Capital Private Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 25 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74995MH2018PTC308551. Its GSTIN is 27AAFCE0297D1ZS (Maharashtra). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹45 Cr and a paid-up capital of ₹43.12 Cr. It is led by directors including Ajit Shamrao Deshmukh and Shankar Keshava Vailaya.
Its last annual general meeting (AGM) was held on 04 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹87.46 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹4.82 Cr (net margin 5.5%) and EBITDA of ₹9.91 Cr (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 61% over five years.
The company has about 158 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Equirus Wealth. As per MCA filings, the company has open charges of ₹140.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 8 deals on record (4 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹38.5 Lakh; the latest was in April 2025.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website equiruswealth.com.
Company details
Contact details
Equirus Wealth Private Limited's registered office is in Mumbai, Maharashtra. Its website is equiruswealth.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressA – 1303 Marathon Futurex Mafatlal Mills Compound, N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Equirus 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
Equirus Wealth operates one associated brand: Equirus Wealth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wealth management and portfolio management services provider | equiruswealth.com |
Business activity
The main business activity of Equirus Wealth is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services and other financial 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 | K7 | Financial Advisory, brokerage and Consultancy Services | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Equirus Wealth Private Limited, buy the company report.
Financials of Equirus Wealth Private Limited
FY 2025 filings availableEquirus Wealth Private Limited reported revenue of ₹87.46 Cr (up 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 61% over five years, including 38% growth in the latest year. EBITDA rose 519% 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 | ₹9.91 Cr | ||||
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| Net Profit (PAT) | ₹4.82 Cr | ||||
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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 | 11.3% | ||||
| Net Profit Margin | 5.5% | ||||
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To see the full financial statements and ratios of Equirus Wealth Private Limited, buy the company report.
Board of directors of Equirus Wealth Private Limited
Equirus Wealth has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunder Nookala | Additional Director | 22 Dec 2025 | 0 Years 10 Months | Current |
| Ajit Shamrao Deshmukh Also directs: Starvantage Partner LLP, Wizarth Advisors Private Limited, Igrenenergi Services Private Limited and 1 more | Director | 24 Apr 2023 | 3 Years 6 Months | Current |
| Srinath Srinivasan Also directs: Starvantage Partner LLP | Additional Director | 22 Dec 2025 | 0 Years 10 Months | Current |
| Shankar Keshava Vailaya Also directs: Shrikar Valves Private Limited, Cookwell Domestic Appliances Limited, Centrum Finverse Limited and 5 more | Director | 01 Apr 2025 | 1 Years 7 Months | Current |
| Amit Ramesh Arora Also directs: Equirus Finance Private Limited | Director | 08 Jan 2025 | 1 Years 10 Months | Current |
Auditor
Equirus Wealth Private Limited is audited by N. A. SHAH ASSOCIATES LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. A. SHAH ASSOCIATES LLP | FY 2024 | 116560W/W100149 |
Shareholding
The shareholding of Equirus Wealth Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Equirus Wealth Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Nov 2025 | 101202947 | Others | ₹60 Cr | Open | |
| 09 Jun 2025 | 101118671 | Axis Bank Limited | ₹60 Cr | Open | |
| 14 Jun 2024 | 100959851 | Others | ₹20.5 Cr | Open |
To see the full charge records of Equirus Wealth Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Equirus Wealth Private Limited has 8 deals on record (4 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹38.5 Lakh; the latest was in April 2025.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2025 | Rights issue | ₹98 Cr | Investors: Equirus Capital Limited, Equirus Capital Private Limited & Kenal Kunal Shah |
| Jun 2024 | Rights issue | ₹9.61 Cr | Investors: Equirus Capital Limited, 3 individuals |
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: Equirus Capital Limited Seller: an individual |
| Feb 2020 | Rights issue | ₹3.21 Cr | Investors: Equirus Capital Limited, an individual |
| Feb 2020 | Funding round | ₹11 Lakh | Investors: 4 individuals |
To see the full deal history of Equirus Wealth Private 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
Equirus Wealth Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HARYANA | Arbitration matter | Filed against the company by Vatika Hotels Private Limited | Disposed |
To see the full case history of Equirus Wealth Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Equirus Wealth Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Equirus Wealth Private Limited has a workforce of 158 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 158 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Equirus Wealth Private Limited, buy the company report.
GST
Equirus Wealth has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCE0297D1ZS | Maharashtra | Active | 06 Jun 2018 |
| 27AAFCE0297D2ZR | Maharashtra | Active | 26 Mar 2025 |
| 24AAFCE0297D1ZY | Gujarat | Active | 07 Jan 2021 |
| 09AAFCE0297D1ZQ | Uttar Pradesh | Active | 24 Dec 2022 |
To see the full GST registrations and return filing status of Equirus Wealth Private Limited, buy the company report.
Recent activity
Equirus Wealth Private Limited has 25 board changes on record since 2018: 15 appointments and 10 cessations. The latest: Srinath Srinivasan was appointed as Additional Director on 22 Dec 2025.
20 earlier events are in the company report.
News
Frequently asked questions
Equirus Wealth 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 25 April 2018 (8+ years old) and is registered under CIN U74995MH2018PTC308551.
Equirus Wealth has 5 current directors:
- Sunder Nookala - Additional Director
- Ajit Shamrao Deshmukh - Director
- Srinath Srinivasan - Additional Director
- Shankar Keshava Vailaya - Director
- Amit Ramesh Arora - Director
The latest financial statements of Equirus Wealth on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 June 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Equirus Wealth is 27AAFCE0297D1ZS, registered in Maharashtra. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 27AAFCE0297D2ZR (Maharashtra), 24AAFCE0297D1ZY (Gujarat), 09AAFCE0297D1ZQ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Equirus Wealth is U74995MH2018PTC308551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Equirus Wealth has 1 court case on record: 1 filed against it.
Equirus Wealth was incorporated on 25 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Equirus Wealth has 8 deals on record (4 rights issues, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹38.5 Lakh; the latest was in April 2025.
Srinath Srinivasan was appointed as Additional Director on 22 Dec 2025. Sunder Nookala was appointed as Additional Director on 22 Dec 2025. Deepak Singhal ceased to be Director on 17 Nov 2025. Equirus Wealth has 25 board changes on record in total.
Equirus Wealth can be reached through the website equiruswealth.com. Its registered office is in Mumbai, Maharashtra, India.
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