About Goodwill Wealth Management Private Limited
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Goodwill Wealth Management Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 21 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U67190TN2012PTC088584. Its GSTIN is 33AAECG9766E1ZG (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5.24 Cr and a paid-up capital of ₹5.24 Cr. It is led by directors including Vignesh and Baskaran Ramasamy.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹66.94 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Cr (net margin 1.8%) and EBITDA of ₹1.84 Cr (EBITDA margin 2.7%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 5% over five years.
The company has about 405 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Goodwill Wealth Management. As per MCA filings, the company has open charges of ₹23.59 Lakh and satisfied charges of ₹7.5 Cr on record. Court records list 24 cases involving the company, including 18 filed by the company and 6 filed against it; 6 cases are pending. The company has 5 deals on record (3 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.04 Cr; the latest was in March 2019. Its 3 peer companies in the BFSI industry (Broking Services, Wealth Management), with the same principal business activity (financial advisory, brokerage and consultancy services) are compared by revenue, 2 larger and 1 smaller; the largest is Nikunj Financial Services Limited with revenue of ₹68 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 5 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gwcindia.in.
Company details
Contact details
Goodwill Wealth Management Private Limited's registered office is in Chennai, Tamil Nadu. Its website is gwcindia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.73 Tarana Complex First Floor, Sardar Patel Road Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Goodwill 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
Brands
Goodwill Wealth Management operates one associated brand: Goodwill Wealth Management. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for trading in stocks, currenices, and commodity | gwcindia.in |
Business activity
The main business activity of Goodwill Wealth Management is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Goodwill Wealth Management Private Limited, buy the company report.
Financials of Goodwill Wealth Management Private Limited
FY 2024 filings availableGoodwill Wealth Management Private Limited reported revenue of ₹66.94 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 5% fall in the latest year. EBITDA rose 186% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.84 Cr | ||||
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| Net Profit (PAT) | ₹1.21 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Goodwill Wealth Management Private Limited, buy the company report.
Board of directors of Goodwill Wealth Management Private Limited
Goodwill Wealth Management has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vignesh Also directs: GWC Financial Services Private Limited, Goodwill Finserve Private Limited, Goodwill Global Ifsc Private Limited and 1 more | Director | 11 Mar 2015 | 11 Years 7 Months | Current |
| Baskaran Ramasamy Also directs: GWC Financial Services Private Limited, Goodwill Finserve Private Limited, Goodwill Global Ifsc Private Limited and 2 more | Director | 21 Nov 2012 | 13 Years 11 Months | Current |
| Gandhimathi Baskaran Also directs: GWC Financial Services Private Limited, Goodwill Finserve Private Limited, Goodwill Global Ifsc Private Limited and 2 more | Director | 21 Nov 2012 | 13 Years 11 Months | Current |
Peer comparison
Goodwill Wealth Management Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Broking Services, Wealth Management), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nikunj Financial Services Limited | ₹68 Cr (FY 2025) | 2.0% | Delhi, India | |||
| Aftertrade Broking Private Limited | ₹67.83 Cr (FY 2025) | 375.0% | Ahmedabad, Gujarat, India | |||
| Goodwill Wealth Management Private Limitedthis company | ₹66.94 Cr (FY 2025) | ₹1.21 Cr | 1.8% | -5.0% | 405 | Chennai, Tamil Nadu, India |
| Shriram Insight Share Brokers Limited | ₹65.73 Cr (FY 2018) | 20.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Goodwill Wealth Management Private Limited, buy the company report.
Auditor
Goodwill Wealth Management Private Limited is audited by S.CHENTHILKUMAR & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.CHENTHILKUMAR & CO | FY 2024 | 0014510S |
Shareholding
The shareholding of Goodwill Wealth Management Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Goodwill Wealth Management Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jan 2019 | 100245362 | Others | ₹23.59 Lakh | Open | |
| 22 Apr 2017 | 100108600 | Others | ₹7.5 Cr | Satisfied |
To see the full charge records of Goodwill Wealth Management Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Goodwill Wealth Management Private Limited has 5 deals on record (3 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.04 Cr; the latest was in March 2019.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Funding round | ₹2.04 Cr | Investors: R Baskaran HUF, 2 individuals |
| May 2017 | Rights issue | ₹2.1 Cr | Investors: R Baskaran HUF, an individual |
| May 2016 | Rights issue | ₹10 Lakh | Investors: 3 individuals |
| Aug 2015 | Rights issue | ₹99 Lakh | Investors: 3 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Goodwill Wealth Management Private Limited has 24 court cases on record: 18 filed by Goodwill Wealth Management, 6 filed against it. 6 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 6 | 6 |
| High courts | 8 | 0 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed by the company against Icici Bank Ltd. and 1 other | Pending |
| District court, Gurugram, Haryana | Arbitration matter | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against an individual | Pending |
To see the full case history of Goodwill Wealth Management 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
Goodwill Wealth Management Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 5 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Market Simplified India Limited | |||
| an individual supplier | |||
| Acl Mobile Private Limited | |||
| Refinitiv India Private Limited | |||
| Techexcel Software Solutions Private Limited |
To see the full MSME payment records of Goodwill Wealth Management Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Goodwill Wealth Management Private Limited has a workforce of 405 employees on its EPFO records as of Jan 11, 2025, across 1 active EPFO establishment.
GST
Goodwill Wealth Management has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECG9766E1ZG | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Goodwill Wealth Management Private Limited, buy the company report.
Recent activity
Goodwill Wealth Management Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Ethina Baskaran ceased to be Director on 11 Mar 2015.
Frequently asked questions
Goodwill Wealth Management is an active private limited company based in Chennai, Tamil Nadu, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 21 November 2012 (14+ years old) and is registered under CIN U67190TN2012PTC088584.
Goodwill Wealth Management has 3 current directors:
- Vignesh - Director
- Baskaran Ramasamy - Director
- Gandhimathi Baskaran - Director
The latest financial statements of Goodwill Wealth Management on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Goodwill Wealth Management is 33AAECG9766E1ZG, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Goodwill Wealth Management is U67190TN2012PTC088584. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goodwill Wealth Management has 24 court cases on record: 18 filed by the company and 6 filed against it. 6 are pending. Most are in the district courts.
Goodwill Wealth Management was incorporated on 21 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
Goodwill Wealth Management has 5 deals on record (3 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.04 Cr; the latest was in March 2019.
The peers of Goodwill Wealth Management by revenue are Nikunj Financial Services Limited, Aftertrade Broking Private Limited, Shriram Insight Share Brokers Limited, all in the BFSI industry (Broking Services, Wealth Management), with the same principal business activity (financial advisory, brokerage and consultancy services).
Ethina Baskaran ceased to be Director on 11 Mar 2015. Vignesh was appointed as Director on 11 Mar 2015. Baskaran Ramasamy was appointed as Director on 21 Nov 2012. Goodwill Wealth Management has 4 board changes on record in total.
Goodwill Wealth Management has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 5 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 Oct 2023.
Goodwill Wealth Management can be reached through the website gwcindia.in. Its registered office is in Chennai, Tamil Nadu, India.