Gak Wealth Advisors Private Limited
About Gak Wealth Advisors Private Limited
Data last updated:
Gak Wealth Advisors Private Limited was a private limited company based in Hyderabad, Telangana, 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 life insurance. non life insurance segment of the insurance sector. It was incorporated on 07 June 2016.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U66000TG2016PTC110148. The company has 4 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was led by directors Sunil Kumar and Mohammad Alam Seraz.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Hyderabad, Telangana.
As per the financials filed for FY 2018, the company reported a revenue of ₹54,283, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹12.04 Lakh and EBITDA of -₹5.84 Lakh.
Company details
Contact details
Gak Wealth Advisors Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressD.No.10 – 2 – 276 Flat.No.410 Sri Sai Rajendra Appts A – Block West Marredpally Near By Ratna D, Eep, Hyderabad, Telangana, India – 500026
- IndustryInsurance, Life Insurance. Non Life Insurance
To see the full contact details of Gak Wealth Advisors 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 Gak Wealth Advisors is financial and insurance service. In detail, this covers life/non-life insurance and reinsurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K3 | Life/Non-life Insurance and Reinsurance activities |
To see the full business activity and turnover split of Gak Wealth Advisors Private Limited, buy the company report.
Financials of Gak Wealth Advisors Private Limited
FY 2018 filings availableGak Wealth Advisors Private Limited reported revenue of ₹54,283 (down 98% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 98% in the latest year. EBITDA fell 215% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
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| EBITDA | -₹5.84 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹12.04 Lakh | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 |
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To see the full financial statements and ratios of Gak Wealth Advisors Private Limited, buy the company report.
Board of directors of Gak Wealth Advisors Private Limited
Gak Wealth Advisors has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Kumar | Director | 28 Feb 2019 | 7 Years 8 Months | As last reported |
| Mohammad Alam Seraz Also directs: Xtraport Solutions Private Limited | Director | 28 Feb 2019 | 7 Years 8 Months | As last reported |
Peer comparison
Gak Wealth Advisors Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (life/non-life insurance and reinsurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Persist Merchants Private Limited | ₹64,936 (FY 2018) | 66.0% | Kolkata, West Bengal, India | |||
| Globtech Insurance Surveyors and Loss Assessors Private Limited | ₹62,920 (FY 2019) | Chennai, Tamil Nadu, India | ||||
| Finsurian Consultancy and Services Private Limited | ₹58,314 (FY 2025) | -45.0% | Khammam, Telangana, India | |||
| Shri Shiv Narayan Insurance Marketing Private Limited | ₹56,767 (FY 2024) | Patna, Bihar, India | ||||
| Aishwarya Insurance Marketing Private Limited | ₹56,352 (FY 2020) | -84.0% | Pune, Maharashtra, India | |||
| Gak Wealth Advisors Private Limitedthis company | ₹54,283 (FY 2018) | -₹12.04 Lakh | -98.0% | Hyderabad, Telangana, India | ||
| CNB Insurance Web Aggregators Private Limited | ₹53,878 (FY 2024) | -75.0% | Delhi, India | |||
| Siddhi Vinayak Finmart Imf Private Limited | ₹53,575 (FY 2024) | -71.0% | Hisar, Haryana, India | |||
| Zebrra Imf Private Limited | ₹53,272 (FY 2023) | -81.0% | Durgapur, West Bengal, India | |||
| Secure Line Insurance Services Limited | ₹51,091 (FY 2019) | -97.0% | Chandigarh, India | |||
| Motoqo Assessors (OPC) Private Limited | ₹40,599 (FY 2019) | 297.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Gak Wealth Advisors Private Limited, buy the company report.
Auditor
Gak Wealth Advisors Private Limited is audited by MUNEER AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUNEER AND ASSOCIATES | FY 2017 | 231897 |
Shareholding
The shareholding of Gak Wealth Advisors Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Gak Wealth Advisors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gak Wealth Advisors 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 Gak Wealth Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gak Wealth Advisors has 4 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 Gak Wealth Advisors Private Limited, buy the company report.
Recent activity
Gak Wealth Advisors Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Anjaneyalu Babu ceased to be Director on 01 Mar 2019.
Frequently asked questions
Gak Wealth Advisors 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.
Gak Wealth Advisors was a private limited company based in Hyderabad, Telangana, India. The company worked in life insurance. non life insurance, within the insurance industry. It was incorporated on 07 June 2016 and is registered under CIN U66000TG2016PTC110148. The company has been struck off by the Registrar of Companies and is no longer operational.
Gak Wealth Advisors had 2 directors:
- Sunil Kumar - Director
- Mohammad Alam Seraz - Director
The CIN (Corporate Identification Number) of Gak Wealth Advisors is U66000TG2016PTC110148. 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 Gak Wealth Advisors is at D.No.10 – 2 – 276 Flat.No.410 Sri Sai Rajendra Appts A – Block West Marredpally Near By Ratna D, Eep, Hyderabad, Telangana, India – 500026.
Gak Wealth Advisors was incorporated on 07 June 2016. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Gak Wealth Advisors on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from FY 2017 are in the company report.
No. Gak Wealth Advisors has 4 GST registrations on record and all of them are cancelled or inactive.
Gak Wealth Advisors operated in the insurance industry, in the life insurance. non life insurance segment. It worked in this industry before it was struck off.
The peers of Gak Wealth Advisors by revenue are Persist Merchants Private Limited, Globtech Insurance Surveyors and Loss Assessors Private Limited, Finsurian Consultancy and Services Private Limited, Shri Shiv Narayan Insurance Marketing Private Limited, Aishwarya Insurance Marketing Private Limited and 5 more, all in the same principal business activity (life/non-life insurance and reinsurance activities).
Anjaneyalu Babu ceased to be Director on 01 Mar 2019. Sasikala Anjanayalu ceased to be Additional Director on 01 Mar 2019. Mohammad Alam Seraz was appointed as Director on 28 Feb 2019. Gak Wealth Advisors has 5 board changes on record in total.
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