First Mercantile Wealth Management Services Private Limited - Company Profile

It is a financial services private limited company based in Thane, Maharashtra, India, established in 2001.
2001 Thane, Maharashtra, India Active
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About First Mercantile Wealth Management Services Private Limited

First Mercantile Wealth Management Services Private Limited, a active private limited company, was established on 17 May 2001 in Thane, Maharashtra, India. Engaging in auxiliary to financial intermediatory within the financial services sector, it holds CIN: U67190MH2001PTC243896. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Bharat Naidu Bobbili (Director), Srinivas Gomatham (Director). Past directors included Tapan Kumar Hazra, Srinivas Gomatham, Raghavender Varanasi. Its latest AGM occurred on 28 September 2024, with the balance sheet filed on 31 March 2024. It is based at 503, Varun, Vasant Leela Chs Ltd Off Ghodbunder Rd, Thane, Maharashtra, 400601.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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Company Details

  • CIN/LLPIN

    U67190MH2001PTC243896

  • Registration Number

    243896

  • Incorporation Date

    17 May 2001

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 24 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
Company report

First Mercantile Wealth Management Services Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into First Mercantile Wealth Management Services Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at First Mercantile Wealth Management Services Private Limited?
Current Directors
Name Designation Appointment Date Status
Bharat Naidu Bobbili Director 06 Jan 2020 Current
Srinivas Gomatham Director 21 Aug 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2009 Past
Pramod Abcsdd Director 29 Mar 2022 Past
Pramod Abcsdd Director 21 Aug 2019 Past
Pramod Abcsdd Director 01 Jul 2017 Past
Pramod Abcsdd Director 20 Jul 2009 Past
Pramod Abcsdd Director 23 Aug 2012 Past

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Financial Performance of First Mercantile Wealth Management Services.

First Mercantile Wealth Management Services Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

First Mercantile Wealth Management Services revenue growth over time
First Mercantile Wealth Management Services profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
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What is the Ownership and Shareholding Structure of First Mercantile Wealth Management Services?

In 2017, First Mercantile Wealth Management Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at First Mercantile Wealth Management Services?

Unlock and access historical data on people associated with First Mercantile Wealth Management Services, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of First Mercantile Wealth Management Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped First Mercantile Wealth Management Services's trajectory.

Rating
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Alerts
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Latest Updates, News, and FAQs on First Mercantile Wealth Management Services
Recent Activity within the Organization
  • Annual General Meeting

    The activity First Mercantile Wealth Management Services Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on First Mercantile Wealth Management Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Director Appointment

    The activity Bharat Naidu Bobbili was appointed as a Director was appointed as a Director on 06 Jan 2020 & has been associated with this company since 6 years 1 month . was completed.

  • Director Appointment

    Srinivas Gomatham was appointed as a Director was appointed as a Director on 21 Aug 2019 & has been associated with this company since 6 years 6 months . was recorded as a recent event.

  • Company Incorporation

    First Mercantile Wealth Management Services Private Limited was registered on 17 May 2001 with Roc Mumbai & aged 24 years 9 months as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of First Mercantile Wealth Management Services Private Limited?

The CIN of First Mercantile Wealth Management Services Private Limited is U67190MH2001PTC243896.

Where is First Mercantile Wealth Management Services Private Limited headquartered?

First Mercantile Wealth Management Services Private Limited is headquartered at 503, Varun, Vasant Leela Chs Ltd Off Ghodbunder Rd, Thane, Maharashtra, 400601.

When was First Mercantile Wealth Management Services Private Limited incorporated?

First Mercantile Wealth Management Services Private Limited was incorporated on 17 May 2001.

Who are the current directors of First Mercantile Wealth Management Services Private Limited?

The current directors of First Mercantile Wealth Management Services Private Limited are

What is the primary industry of First Mercantile Wealth Management Services Private Limited?

The primary industry of First Mercantile Wealth Management Services Private Limited is Financial Services.

Is First Mercantile Wealth Management Services Private Limited a listed company?

First Mercantile Wealth Management Services Private Limited is unlisted.

What is the capital structure of First Mercantile Wealth Management Services Private Limited?

The authorized capital of First Mercantile Wealth Management Services Private Limited is ₹0.50 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of First Mercantile Wealth Management Services Private Limited?

The compliance status of First Mercantile Wealth Management Services Private Limited is Compliant.

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