Finsutra Wealth Management Private Limited
About Finsutra Wealth Management Private Limited
Data last updated:
Finsutra Wealth Management Private Limited was a private limited company based in Lucknow, Uttar Pradesh, 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 wealth management segment of the financial services sector. It was incorporated on 21 September 2006.
The company was registered with the Registrar of Companies (ROC), Kanpur, under CIN U67110UP2006PTC032387. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Madhu Chaturvedi and Eika Chaturvedi Banerjee.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at C – 377 Sector B Mahanagar, Lucknow, Uttar Pradesh, India – 226006.
As per the financials filed for FY 2020, the company reported a revenue of ₹5.1 Lakh. For the same year it recorded a net profit of ₹2.15 Lakh (net margin 42.1%) and EBITDA of ₹2.62 Lakh (EBITDA margin 51.4%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years.
Company details
Contact details
Finsutra Wealth Management Private Limited's registered office is in Lucknow, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressC – 377 Sector B Mahanagar, Lucknow, Uttar Pradesh, India – 226006
- IndustryFinancial Services, Wealth Management
To see the full contact details of Finsutra 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
Business activity
The main business activity of Finsutra Wealth Management is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Finsutra Wealth Management Private Limited, buy the company report.
Financials of Finsutra Wealth Management Private Limited
FY 2020 filings availableFinsutra Wealth Management Private Limited reported revenue of ₹5.1 Lakh for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over three years. EBITDA rose 597% 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
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| EBITDA | ₹2.62 Lakh | ||||
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| Net Profit (PAT) | ₹2.15 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | 51.4% | ||||
| Net Profit Margin | 42.1% | ||||
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To see the full financial statements and ratios of Finsutra Wealth Management Private Limited, buy the company report.
Board of directors of Finsutra Wealth Management Private Limited
Finsutra Wealth Management has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhu Chaturvedi Also directs: Pro-Vacations Tours & Travels India Private Limited | Director | 21 Sep 2006 | 20 Years 1 Months | As last reported |
| Eika Chaturvedi Banerjee Also directs: Eikam Alchemy Private Limited, Eikam Resonance Foundation | Director | 21 Sep 2006 | 20 Years 1 Months | As last reported |
| Shashwati Banerjee | Director | 21 Sep 2006 | 20 Years 1 Months | As last reported |
Auditor
Finsutra Wealth Management Private Limited is audited by Gupta Anoop & Company for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gupta Anoop & Company | FY 2015 | 074786 |
Shareholding
The shareholding of Finsutra Wealth Management Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Finsutra Wealth Management Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Finsutra 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 Finsutra Wealth Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Finsutra Wealth Management has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Finsutra Wealth Management Private Limited, buy the company report.
Recent activity
Finsutra Wealth Management Private Limited has 3 board changes on record since 2006: 3 appointments. The latest: Eika Chaturvedi Banerjee was appointed as Director on 21 Sep 2006.
Frequently asked questions
Finsutra 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.
Finsutra Wealth Management was a private limited company based in Lucknow, Uttar Pradesh, India. The company worked in wealth management, within the financial services industry. It was incorporated on 21 September 2006 and is registered under CIN U67110UP2006PTC032387. The company has been struck off by the Registrar of Companies and is no longer operational.
Finsutra Wealth Management had 3 directors:
- Madhu Chaturvedi - Director
- Eika Chaturvedi Banerjee - Director
- Shashwati Banerjee - Director
The CIN (Corporate Identification Number) of Finsutra Wealth Management is U67110UP2006PTC032387. 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 Finsutra Wealth Management is at C – 377 Sector B Mahanagar, Lucknow, Uttar Pradesh, India – 226006.
Finsutra Wealth Management was incorporated on 21 September 2006. It is registered with the Registrar of Companies, Kanpur.
The latest financial statements of Finsutra Wealth Management on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Finsutra Wealth Management has 2 GST registrations on record and all of them are cancelled or inactive.
Finsutra Wealth Management operated in the financial services industry, in the wealth management segment. It worked in this industry before it was struck off.
Eika Chaturvedi Banerjee was appointed as Director on 21 Sep 2006. Madhu Chaturvedi was appointed as Director on 21 Sep 2006. Shashwati Banerjee was appointed as Director on 21 Sep 2006.
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