Finesta Wealth Private Limited

Finesta Wealth Private Limited - real estate and construction in New Delhi, Delhi, India. Directors, charges & compliance details.
CIN U70200DL2010PTC207476 Incorporated 24 August 2010 ROC Delhi HQ New Delhi, Delhi, India
Struck Off Private Limited Company real estate and construction
Data last updated
Revenue · FY 2020
₹7,150
▼ 93% YoY
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2020
Balance sheet date
Last AGM
28 Dec 2020
Annual general meeting

About Finesta Wealth Private Limited

Data last updated:

Finesta Wealth Private Limited was a private limited company based in New Delhi, Delhi, 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 real estate leasing and property management segment of the real estate and construction sector. It was incorporated on 24 August 2010.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U70200DL2010PTC207476. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Finesta Wealth Advisors Private Limited and Irus Realty Solutions Private Limited. It was led by directors Munish Suri and Kangan Suri.

Its last annual general meeting (AGM) was held on 28 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at B – 7/11 Vasant Vihar, New Delhi, Delhi, India – 110057.

Company details

CIN U70200DL2010PTC207476
Registration Number 207476
Incorporation Date 24 August 2010
ROC Delhi
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 28 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant

Name history

Finesta Wealth has undergone 2 name changes throughout its history. The company was previously known as Finesta Wealth Advisors Private Limited, and Irus Realty Solutions Private Limited. The current legal name is Finesta Wealth Private Limited.

Company NameStatus
Finesta Wealth Private LimitedCurrent
Finesta Wealth Advisors Private LimitedPrevious
Irus Realty Solutions Private LimitedPrevious

Contact details

Finesta Wealth Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    B – 7/11 Vasant Vihar, New Delhi, Delhi, India – 110057
  • Industry
    Real Estate and Construction, Real Estate Leasing, Contractual Work

To see the full contact details of Finesta Wealth Private Limited, buy the company report.

Comprehensive company report
Finesta Wealth Private Limited - one report that includes everything
  • 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
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Financials of Finesta Wealth Private Limited

FY 2020 filings available

Finesta Wealth Private Limited reported revenue of ₹7,150 (down 93% YoY) for FY 2020.

Revenue · FY 2020
₹7,150 ▼ 93%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 93%
5 years · compounded
▼ 68%

Revenue has declined at a compounded annual rate (CAGR) of 68% over five years, including a 93% fall 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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin
Net Profit Margin
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

To see the full financial statements and ratios of Finesta Wealth Private Limited, buy the company report.

Board of directors of Finesta Wealth Private Limited

Finesta Wealth has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Munish SuriDirector24 Aug 201016 Years 2 MonthsAs last reported
Kangan SuriDirector24 Aug 201016 Years 2 MonthsAs last reported

Auditor

Finesta Wealth Private Limited is audited by DUA & ASSOCIATES for the financial year 2017.

Auditor firmFinancial yearFirm registration number
DUA & ASSOCIATESFY 201700669N

Shareholding

The shareholding of Finesta 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 categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Finesta Wealth Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Finesta Wealth Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Finesta Wealth has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Finesta Wealth Private Limited, buy the company report.

Recent activity

Finesta Wealth Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Kangan Suri was appointed as Director on 24 Aug 2010.

AGM
Finesta Wealth Private Limited last Annual general meeting of members was held on 28 Dec 2020 as per latest MCA records.
Filing
Finesta Wealth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Delhi.
Appointed
Kangan Suri was appointed as Director.
Appointed
Munish Suri was appointed as Director.
Incorporation
24 Aug 2010
Finesta Wealth Private Limited was registered on 24 Aug 2010 with Roc Delhi & aged 16 years 2 months as per MCA records.

Frequently asked questions

Finesta Wealth 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.

Finesta Wealth was a private limited company based in New Delhi, Delhi, India. The company worked in real estate leasing, within the real estate and construction industry. It was incorporated on 24 August 2010 and is registered under CIN U70200DL2010PTC207476. The company has been struck off by the Registrar of Companies and is no longer operational.

Finesta Wealth had 2 directors:

The CIN (Corporate Identification Number) of Finesta Wealth is U70200DL2010PTC207476. 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 Finesta Wealth is at B – 711 Vasant Vihar, New Delhi, Delhi, India – 110057.

Finesta Wealth was incorporated on 24 August 2010. It is registered with the Registrar of Companies, Delhi.

The latest financial statements of Finesta Wealth on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 28 December 2020. Year-wise statements from 2015 are in the company report.

No. Finesta Wealth has 1 GST registration on record and it is cancelled or inactive.

Finesta Wealth operated in the real estate and construction industry, in the real estate leasing segment. It worked in this industry before it was struck off.

Kangan Suri was appointed as Director on 24 Aug 2010. Munish Suri was appointed as Director on 24 Aug 2010.