
About Finacrest Wealth Private Limited
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Finacrest Wealth Private Limited is a private limited company based in Jamshedpur, Jharkhand, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 27 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U67190JH2008PTC013175. Its GSTIN is 20AAECP7200J1ZU (Jharkhand).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.5 Lakh. It was formerly known as Prime Advisors Private Limited. It is led by directors including Deepti Savak Patel and Savak Rustom Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No. 9 Regal Plaza Main Road Bistupur Po & Ps – Bistupur, Jamshedpur, Jharkhand, India – 831001.
As per the financials filed for FY 2024, the company reported a revenue of ₹84.93 Lakh, a growth of 63% compared to the previous year. For the same year it recorded a net profit of ₹8.96 Lakh (net margin 10.6%) and EBITDA of ₹20.8 Lakh (EBITDA margin 24.5%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 28% over five years.
The company is associated with 1 brand: Finacrest. As per MCA filings, the company has open charges of ₹17.45 Lakh and satisfied charges of ₹17.45 Lakh on record. 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 finacrest.com.
Company details
Name history
Finacrest Wealth has undergone 4 name changes throughout its history. The current legal name is Finacrest Wealth Private Limited.
| Company Name | Status |
|---|---|
| Finacrest Wealth Private Limited | Current |
| Prime Advisors Private Limited | Previous |
| Invest Edge Advisors Private Limited | Previous |
| Finacrest Advisors Private Limited | Previous |
Contact details
Finacrest Wealth Private Limited's registered office is in Jamshedpur, Jharkhand. Its website is finacrest.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressOffice No. 9 Regal Plaza Main Road Bistupur Po & Ps – Bistupur, Jamshedpur, Jharkhand, India – 831001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Finacrest 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
Finacrest Wealth operates one associated brand: Finacrest. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers investment advisory, mutual funds, trading, and financial planning services. | finacrest.com |
Business activity
The main business activity of Finacrest Wealth is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Finacrest Wealth Private Limited, buy the company report.
Financials of Finacrest Wealth Private Limited
FY 2025 filings availableFinacrest Wealth Private Limited reported revenue of ₹84.93 Lakh (up 63% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 63% growth in the latest year. EBITDA rose 37% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹20.8 Lakh | ||||
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| Net Profit (PAT) | ₹8.96 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.5% | ||||
| Net Profit Margin | 10.6% | ||||
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To see the full financial statements and ratios of Finacrest Wealth Private Limited, buy the company report.
Board of directors of Finacrest Wealth Private Limited
Finacrest Wealth has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepti Savak Patel Also directs: Tow Travel & Lifestyle LLP | Director | 27 May 2008 | 18 Years 5 Months | Current |
| Savak Rustom Patel | Director | 27 May 2008 | 18 Years 5 Months | Current |
| Neetu Goswami Also directs: Tow Travel & Lifestyle LLP | Director | 27 May 2008 | 18 Years 5 Months | Current |
Peer comparison
Finacrest Wealth Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Joyson Foriegn Exchange Services Private Limited | ₹85.04 Lakh (FY 2019) | 37.0% | Thiruvalla, Kerala, India | |||
| Dream Finhold Private Limited | ₹85.03 Lakh (FY 2024) | 1.0% | Jaipur, Rajasthan, India | |||
| Iti Housing Finance Limited | ₹85.01 Lakh (FY 2024) | -95.0% | Mumbai, Maharashtra, India | |||
| V.E. Motor Accessories & Components Pvt.Ltd. | ₹84.97 Lakh (FY 2025) | 457.0% | Kolkata, West Bengal, India | |||
| Af Financial Distribution Private Limited | ₹84.96 Lakh (FY 2025) | 40.0% | New Delhi, Delhi, India | |||
| Finacrest Wealth Private Limitedthis company | ₹84.93 Lakh (FY 2024) | ₹8.96 Lakh | 10.6% | 63.0% | Jamshedpur, Jharkhand, India | |
| Suraj Holdings Limited | ₹84.88 Lakh (FY 2025) | 101.0% | New Delhi, Delhi, India | |||
| Jaya Sulochana Chit Fund Private Limited | ₹84.88 Lakh (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| Moovers Holidays Private Limited | ₹84.85 Lakh (FY 2025) | -34.0% | Surat, Gujarat, India | |||
| Shree Falodi Finpro Private Limited | ₹84.83 Lakh (FY 2025) | 82.0% | Kota, Rajasthan, India | |||
| Bell Flower Dealcom Private Limited | ₹84.81 Lakh (FY 2025) | 39.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Finacrest Wealth Private Limited, buy the company report.
Auditor
Finacrest Wealth Private Limited is audited by BIKASH SIYARAM & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIKASH SIYARAM & CO | FY 2017 | 011238C |
Shareholding
The shareholding of Finacrest Wealth 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 Finacrest Wealth Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Apr 2021 | 100456697 | Hdfc Bank Limited | ₹17.45 Lakh | Satisfied |
To see the full charge records of Finacrest Wealth Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Finacrest Wealth Private Limited has 1 court case on record: 1 filed by Finacrest Wealth. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East Singhbhum at Jamshedpur, Jharkhand | Court case (ORIGINAL SUIT) | Filed by the company against Invest Edge,Inc. | Disposed |
To see the full case history of Finacrest 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 Finacrest Wealth Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Finacrest Wealth has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAECP7200J1ZU | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Finacrest Wealth Private Limited, buy the company report.
Recent activity
Finacrest Wealth Private Limited has 3 board changes on record since 2008: 3 appointments. The latest: Deepti Savak Patel was appointed as Director on 27 May 2008.
Frequently asked questions
Finacrest Wealth is an active private limited company based in Jamshedpur, Jharkhand, India. The company works in financial activities, within the financial services industry. It was incorporated on 27 May 2008 (18+ years old) and is registered under CIN U67190JH2008PTC013175.
Finacrest Wealth has 3 current directors:
- Deepti Savak Patel - Director
- Savak Rustom Patel - Director
- Neetu Goswami - Director
The latest financial statements of Finacrest Wealth on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Finacrest Wealth is 20AAECP7200J1ZU, registered in Jharkhand.
The CIN (Corporate Identification Number) of Finacrest Wealth is U67190JH2008PTC013175. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finacrest Wealth has 1 court case on record: 1 filed by the company.
Finacrest Wealth was incorporated on 27 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ranchi.
The peers of Finacrest Wealth by revenue are Joyson Foriegn Exchange Services Private Limited, Dream Finhold Private Limited, Iti Housing Finance Limited, V.E. Motor Accessories & Components Pvt.Ltd, Af Financial Distribution Private Limited and 5 more, all in the same principal business activity (other financial activities).
Deepti Savak Patel was appointed as Director on 27 May 2008. Neetu Goswami was appointed as Director on 27 May 2008. Savak Rustom Patel was appointed as Director on 27 May 2008.
Finacrest Wealth can be reached through the website finacrest.com. Its registered office is in Jamshedpur, Jharkhand, India.
The registered office of Finacrest Wealth is at Office No. 9 Regal Plaza Main Road Bistupur Po & Ps – Bistupur, Jamshedpur, Jharkhand, India – 831001.