Ifi Wealth Max Private Limited

Ifi Wealth Max Private Limited - insurance in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U67200MH2022PTC391041 Incorporated 23 September 2022 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company insurance MSME · Micro
Data last updated
Revenue · FY 2024
₹2.35 Lakh
▲ 58650% YoY
Net loss · FY 2024
₹14,800
Net margin -6.3%
EBITDA · FY 2024
-₹14,200
EBITDA margin -6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Brands
1
Associated brands

About Ifi Wealth Max Private Limited

Data last updated:

Ifi Wealth Max Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the insurance and pension services segment of the insurance sector. It was incorporated on 23 September 2022.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67200MH2022PTC391041.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hardik Ishvarlal Mavani and Kalpana Ramesh Pokar.

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 B1001 Bldg112 Bwing Shivshankar Chs Tilaknagar Rundavan Colony Chembur West, Mumbai, Maharashtra, India – 400089.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.35 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14,800 (net margin -6.3%) and EBITDA of -₹14,200 (EBITDA margin -6%).

The company is associated with 1 brand: IFI Wealth Max.

Ifi Wealth Max Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0195099).

Company details

CIN U67200MH2022PTC391041
Registration Number 391041
Incorporation Date 23 September 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0195099

Recognitions & Rankings of Ifi Wealth Max

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0195099

Contact details

Ifi Wealth Max Private Limited's registered office is in Mumbai, Maharashtra.

  • Registered Address
    B1001 Bldg112 Bwing Shivshankar Chs Tilaknagar Rundavan Colony Chembur West, Mumbai, Maharashtra, India – 400089
  • Industry
    Insurance, Insurance & Pension Services
Comprehensive company report
Ifi Wealth Max 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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Brands

Ifi Wealth Max operates one associated brand: IFI Wealth Max. Each brand links to its own profile.

BrandDescriptionWebsite
Offers investment, finance, insurance, taxation services to individuals and businesses.ifiwealthmax.com

Business activity

The main business activity of Ifi Wealth Max is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK7Financial Advisory, brokerage and Consultancy Services

To see the full business activity and turnover split of Ifi Wealth Max Private Limited, buy the company report.

Financials of Ifi Wealth Max Private Limited

FY 2024 filings available

Ifi Wealth Max Private Limited reported revenue of ₹2.35 Lakh (up 58650% YoY) for FY 2024.

Revenue · FY 2024
₹2.35 Lakh ▲ 58650%
Net loss · FY 2024
₹14,800 margin -6.3%
EBITDA · FY 2024
-₹14,200 margin -6%

Financial Statement Summary

MetricsFY 2023-24FY 2022-23
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-₹14,200
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹14,800
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 2023-24FY 2022-23
Profitability
EBITDA Margin-6%
Net Profit Margin-6.3%
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 Ifi Wealth Max Private Limited, buy the company report.

Board of directors of Ifi Wealth Max Private Limited

Ifi Wealth Max has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Hardik Ishvarlal MavaniDirector23 Sep 20224 Years 1 MonthsCurrent
Kalpana Ramesh PokarDirector23 Sep 20224 Years 1 MonthsCurrent

Peer comparison

Ifi Wealth Max Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Aaijee Finvest Private Limited₹2.36 Lakh (FY 2025)62.0%Surat, Gujarat, India
Isktcs Marketing Private Limited₹2.36 Lakh (FY 2022)293.0%Dewas, Madhya Pradesh, India
Densan Advisory Private Limited₹2.36 Lakh (FY 2018)Delhi, India
Stayinsure Financial Services Private Limited₹2.36 Lakh (FY 2025)9714.0%Pune, Maharashtra, India
Vserv Insurance Services Private Limited₹2.35 Lakh (FY 2025)6.0%New Delhi, Delhi, India
Ifi Wealth Max Private Limitedthis company₹2.35 Lakh (FY 2024)-₹14,800-6.3%58650.0%Mumbai, Maharashtra, India
Prayas Vincom Private Limited₹2.35 Lakh (FY 2018)-84.0%Kolkata, West Bengal, India
Basukinath Commodities Private Limited₹2.35 Lakh (FY 2024)3.0%Howrah, West Bengal, India
Peseko Solutions Private Limited₹2.35 Lakh (FY 2020)Mumbai, Maharashtra, India
Prudent Wealth Mart (India) Private Limited₹2.34 Lakh (FY 2016)-47.0%Bangalore, Karnataka, India
Fastzeal Private Limited₹2.34 Lakh (FY 2024)48.0%Jalgaon, Maharashtra, India

To see the full peer comparison of Ifi Wealth Max Private Limited, buy the company report.

MSME payment delays

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

GST

No GST registration is on our record for Ifi Wealth Max Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Ifi Wealth Max Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Hardik Ishvarlal Mavani was appointed as Director on 23 Sep 2022.

AGM
Ifi Wealth Max Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ifi Wealth Max Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Appointed
Hardik Ishvarlal Mavani was appointed as Director.
Appointed
Kalpana Ramesh Pokar was appointed as Director.
Incorporation
23 Sep 2022
Ifi Wealth Max Private Limited was registered on 23 Sep 2022 with Roc Mumbai I & aged 4 years 30 days as per MCA records.

Frequently asked questions

Ifi Wealth Max is an active private limited company based in Mumbai, Maharashtra, India. The company works in insurance and pension services, within the insurance industry. It was incorporated on 23 September 2022 (4+ years old) and is registered under CIN U67200MH2022PTC391041.

Ifi Wealth Max has 2 current directors:

The latest financial statements of Ifi Wealth Max 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 FY 2023 are in the company report.

The CIN (Corporate Identification Number) of Ifi Wealth Max is U67200MH2022PTC391041. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ifi Wealth Max was incorporated on 23 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Ifi Wealth Max by revenue are Aaijee Finvest Private Limited, Isktcs Marketing Private Limited, Densan Advisory Private Limited, Stayinsure Financial Services Private Limited, Vserv Insurance Services Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).

Hardik Ishvarlal Mavani was appointed as Director on 23 Sep 2022. Kalpana Ramesh Pokar was appointed as Director on 23 Sep 2022.

Yes, Ifi Wealth Max is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0195099).

The registered office of Ifi Wealth Max is at B1001 Bldg112 Bwing Shivshankar Chs Tilaknagar Rundavan Colony Chembur West, Mumbai, Maharashtra, India – 400089.

Ifi Wealth Max operates in the insurance industry, in the insurance and pension services segment.

Ifi Wealth Max has 1 associated brand: Ifi Wealth Max.