About Fairwinds Asset Managers Limited
Data last updated:
Fairwinds Asset Managers Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Serendip Advisors Private Limited. It operates in the asset management firms segment of the financial services sector. It was incorporated on 04 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH2005PLC153010. Its GSTIN is 27AADCR0353D1ZS (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹5 Lakh. It was formerly known as Reliance Equity Advisors (India) Limited and Reliance Equity Advisors (India) Private Limited. It is led by directors including Vikram Venkat and Purushottam Srinivasan.
Its last annual general meeting (AGM) was held on 25 September 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 ₹1.81 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.34 Cr (net margin -73.6%) and EBITDA of -₹1.41 Cr (EBITDA margin -77.7%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 17% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fairwinds.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOne World Center 3rd Floor Redbrick Office Tower 2 A, South Annex Building 841 Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Asset Management Firms
- 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
- One PDF report, delivered after checkout
Business Activity of Fairwinds Asset Managers Limited
The main business activity of Fairwinds Asset Managers is financial and insurance service. In detail, this covers fund management services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Fairwinds Asset Managers Limited FY 2025 filings available
Fairwinds Asset Managers Limited reported revenue of ₹1.81 Cr (up 216% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Fairwinds Asset Managers Limited
Revenue rose 216% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA rose 30% 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 of Fairwinds Asset Managers Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.41 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.34 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Fairwinds Asset Managers Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -77.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -73.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Fairwinds Asset Managers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Fairwinds Asset Managers Limited
Fairwinds Asset Managers Limited is compared with the companies closest to it by revenue in the BFSI industry (Asset Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Crystal Vision Insights Private Limited | ₹1.93 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Pune, Maharashtra, India |
| Augeo Asset Management Private Limited | ₹1.91 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | New Delhi, Delhi, India |
| Chennai Asset Recovery Private Limited | ₹1.87 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Chennai, Tamil Nadu, India |
| Shark Wealth Private Limited | ₹1.83 Cr (FY 2025) | •••• | •••• | 1941.0% | •••• | Mumbai, Maharashtra, India |
| Integrow Asset Management Private Limited | ₹1.82 Cr (FY 2025) | •••• | •••• | -54.0% | •••• | Mumbai, Maharashtra, India |
| Fairwinds Asset Managers Limited this company | ₹1.81 Cr (FY 2025) | •••• | •••• | 216.0% | •••• | Mumbai, Maharashtra, India |
| 360 One Asset Trustee Limited | ₹1.78 Cr (FY 2018) | •••• | •••• | 73.0% | •••• | Mumbai, Maharashtra, India |
| Ardeko Asset Management Private Limited | ₹1.7 Cr (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| VSK Financial Consultancy Services P Ltd | ₹1.7 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Riversource Capital Management Private Limited | ₹1.68 Cr (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Sumex Wealth Private Limited | ₹1.62 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Fairwinds Asset Managers by revenue in the BFSI industry (Asset Management), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Fairwinds Asset Managers Limited
Fairwinds Asset Managers Limited is audited by Nipun Sudhir & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Nipun Sudhir & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Fairwinds Asset Managers Limited
Fairwinds Asset Managers has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Venkat Also directs: Serendip Advisors Private Limited | Director | 20 Sep 2022 | 4 Years 0 Months | Current |
| Purushottam Srinivasan Also directs: Anuradha Financial Services Private Limited | Director | 02 Jul 2014 | 12 Years 3 Months | Current |
| Ramesh Venkat Also directs: Serendip Advisors Private Limited | Director | 07 Apr 2008 | 18 Years 6 Months | Current |
Ownership and Shareholding of Fairwinds Asset Managers Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Fairwinds Asset Managers Limited
Fairwinds Asset Managers Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Fairwinds Asset Managers Limited
Fairwinds Asset Managers Limited has 1 court case on record: 1 filed by Fairwinds Asset Managers. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Fairwinds Asset Managers Limited
Fairwinds Asset Managers Limited has a workforce of 3 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Fairwinds Asset Managers Limited
Fairwinds Asset Managers has undergone 5 name changes throughout its history. The current legal name is Fairwinds Asset Managers Limited.
| Company Name | Status |
|---|---|
| Fairwinds Asset Managers Limited | Current |
| Reliance Equity Advisors (India) Limited | Previous |
| Reliance Equity Advisors (India) Private Limited | Previous |
| Reliance Venture Asset Management Private Limited | Previous |
| Reliance Infrastructure Consultants Private Limited | Previous |
| Reliance Venture Asset Management Private Limited C/N | Previous |
CIN History of Fairwinds Asset Managers Limited
Fairwinds Asset Managers has one previous CIN (Corporate Identification Number): U74210MH2005PTC153010. The current CIN is U74210MH2005PLC153010, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74210MH2005PLC153010 | Current |
| U74210MH2005PTC153010 | Previous |
News related to Fairwinds Asset Managers Limited
Recent Activity on Fairwinds Asset Managers Limited
Fairwinds Asset Managers Limited has 17 board changes on record since 2006: 10 appointments and 7 cessations. The latest: Rishabh Jain ceased to be Director on 20 Sep 2022.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Fairwinds Asset Managers Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Fairwinds Asset Managers Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Fairwinds Asset Managers Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Fairwinds Asset Managers Limited
Fairwinds Asset Managers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCR0353D1ZS | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Fairwinds Asset Managers Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Fairwinds Asset Managers Limited
Fairwinds Asset Managers is an active public limited company based in Mumbai, Maharashtra, India. The company works in asset management firms, within the financial services industry. It was incorporated on 04 May 2005 (21+ years old) and is registered under CIN U74210MH2005PLC153010.
Fairwinds Asset Managers reported revenue of ₹1.81 Cr for FY 2025 (up 216% YoY).
Fairwinds Asset Managers has 3 current directors:
- Vikram Venkat - Director
- Purushottam Srinivasan - Director
- Ramesh Venkat - Director
Fairwinds Asset Managers reported a net loss of ₹1.34 Cr (net margin -73.6%) and EBITDA of -₹1.41 Cr (EBITDA margin -77.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fairwinds Asset Managers is -38% over three years and -17% over five years. In the latest year (FY 2025) revenue rose 216%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Fairwinds Asset Managers is 27AADCR0353D1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fairwinds Asset Managers is U74210MH2005PLC153010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fairwinds Asset Managers has 1 court case on record: 1 filed by the company.
Fairwinds Asset Managers was incorporated on 04 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Fairwinds Asset Managers by revenue are Crystal Vision Insights Private Limited, Augeo Asset Management Private Limited, Chennai Asset Recovery Private Limited, Shark Wealth Private Limited, Integrow Asset Management Private Limited and 5 more, all in the BFSI industry (Asset Management).
Rishabh Jain ceased to be Director on 20 Sep 2022. Vikram Venkat was appointed as Director on 20 Sep 2022. Smita Venkat ceased to be Director on 04 Dec 2019. Fairwinds Asset Managers has 17 board changes on record in total.