About Fidelis Wealth Management Private Limited
Data last updated:
Fidelis Wealth Management Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial auxiliary services segment of the financial services sector. It was incorporated on 21 October 2015.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2015PTC269458.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹30 Lakh. It was led by directors Amy Howell Memon and Faiz Memon.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹5.92 Lakh, a growth of 73% compared to the previous year. For the same year it recorded a net loss of ₹3.93 Lakh (net margin -66.5%) and EBITDA of -₹3.72 Lakh (EBITDA margin -62.9%). Revenue has grown at a compounded annual rate (CAGR) of 220% over three years and 79% over five years.
The last known website on record is fideliswm.com.
Company details
Contact details
Fidelis Wealth Management Private Limited's registered office is in Mumbai, Maharashtra. Its website is fideliswm.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address404 Midas Sahar Plaza 4th Floor Next To Kohinoor Continental Hotel Andheri Kurla Road A, Ndheri (E), Mumbai, Maharashtra, India – 400059
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
To see the full contact details of Fidelis 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
Financials of Fidelis Wealth Management Private Limited
FY 2021 filings availableFidelis Wealth Management Private Limited reported revenue of ₹5.92 Lakh (up 73% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 79% over five years, including 73% growth in the latest year. EBITDA fell 346% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹3.72 Lakh | ||||
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| Net Profit (PAT) | -₹3.93 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -62.9% | ||||
| Net Profit Margin | -66.5% | ||||
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To see the full financial statements and ratios of Fidelis Wealth Management Private Limited, buy the company report.
Board of directors of Fidelis Wealth Management Private Limited
Fidelis Wealth Management has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amy Howell Memon | Director | 21 Oct 2015 | 11 Years 0 Months | As last reported |
| Faiz Memon Also directs: Kaifak Medicare Private Limited | Director | 21 Oct 2015 | 11 Years 0 Months | As last reported |
Peer comparison
Fidelis Wealth Management Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Wealth Management), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pinnacle Wealth Management Private Limited | ₹7.45 Lakh (FY 2021) | -22.0% | Navi Mumbai, Maharashtra, India | |||
| Prithvi Wealth Management Private Limited | ₹7.15 Lakh (FY 2025) | -51.0% | Bhopal, Madhya Pradesh, India | |||
| Destifine Wealth Management (OPC) Private Limited | ₹7.03 Lakh (FY 2023) | -83.0% | Kolkata, West Bengal, India | |||
| MRG Wealth Management Private Limited | ₹7 Lakh (FY 2025) | 30.0% | Hyderabad, Telangana, India | |||
| Ssi Wealth Management Imf Private Limited | ₹6.34 Lakh (FY 2024) | Amherst Street, West Bengal, India | ||||
| Fidelis Wealth Management Private Limitedthis company | ₹5.92 Lakh (FY 2021) | -₹3.93 Lakh | -66.5% | 73.0% | Mumbai, Maharashtra, India | |
| Chanakya Wealth Management Private Limited | ₹5.83 Lakh (FY 2023) | -75.0% | Amravati, Maharashtra, India | |||
| Scriptech Wealth Management Services Private Limited | ₹5.51 Lakh (FY 2025) | -33.0% | Delhi, India | |||
| Infinite Wealth Management Private Limited | ₹5.38 Lakh (FY 2017) | -14.0% | Howrah, West Bengal, India | |||
| Indo Thai Wealth Management Private Limited | ₹5.22 Lakh (FY 2025) | 101.0% | Indore, Madhya Pradesh, India | |||
| Finsutra Wealth Management Private Limited | ₹5.1 Lakh (FY 2020) | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Fidelis Wealth Management Private Limited, buy the company report.
Auditor
Fidelis Wealth Management Private Limited is audited by B Y & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B Y & ASSOCIATES | FY 2017 | 123423W |
Shareholding
The shareholding of Fidelis Wealth Management Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Fidelis Wealth Management Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fidelis 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
No delayed payments to MSME suppliers are on our record for Fidelis Wealth Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Fidelis Wealth Management Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fidelis Wealth Management Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Amy Howell Memon was appointed as Director on 21 Oct 2015.
Frequently asked questions
Fidelis Wealth Management has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Fidelis Wealth Management was a private limited company based in Mumbai, Maharashtra, India. The company worked in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 21 October 2015 and is registered under CIN U67190MH2015PTC269458. The company has been struck off by the Registrar of Companies and is no longer operational.
Fidelis Wealth Management had 2 directors:
- Amy Howell Memon - Director
- Faiz Memon - Director
The CIN (Corporate Identification Number) of Fidelis Wealth Management is U67190MH2015PTC269458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Fidelis Wealth Management is at 404 Midas Sahar Plaza 4th Floor Next To Kohinoor Continental Hotel Andheri Kurla Road A, Ndheri E, Mumbai, Maharashtra, India – 400059.
Fidelis Wealth Management was incorporated on 21 October 2015. It is registered with the Registrar of Companies, Mumbai.
Fidelis Wealth Management can be reached through the website fideliswm.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Fidelis Wealth Management on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from FY 2016 are in the company report.
Fidelis Wealth Management operated in the financial services industry, in the auxiliary to financial intermediatory segment. It worked in this industry before it was struck off.
The peers of Fidelis Wealth Management by revenue are Pinnacle Wealth Management Private Limited, Prithvi Wealth Management Private Limited, Destifine Wealth Management (OPC) Private Limited, MRG Wealth Management Private Limited, Ssi Wealth Management Imf Private Limited and 5 more, all in the BFSI industry (Wealth Management).
Amy Howell Memon was appointed as Director on 21 Oct 2015. Faiz Memon was appointed as Director on 21 Oct 2015.
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