About Indo Thai Wealth Management Private Limited
Data last updated:
Indo Thai Wealth Management Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 11 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U66110MP2007PTC019909.
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.54 Cr. It was formerly known as Indo Thai Real Estate Private Limited. It is led by directors including Parasmal Doshi and Sarthak Doshi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Block No. 5 2nd Floor Capital Tower Plot No. 169A Pu – 4, Scheme No. 54 Vijay Nagar Indore Mp – 452010, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.22 Lakh, a growth of 101% compared to the previous year. For the same year it recorded a net loss of ₹81,005 (net margin -15.5%) and EBITDA of ₹3.71 Lakh (EBITDA margin 71.1%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 64% over five years.
As per MCA filings, the company has satisfied charges of ₹10 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indothai.co.in.
Company details
CIN history
Indo Thai Wealth Management has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U66110MP2007PTC019909, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66110MP2007PTC019909 | Current |
| U67100MP2007PTC019909 | Previous |
| U70102MP2007PTC019909 | Previous |
Contact details
Indo Thai Wealth Management Private Limited's registered office is in Indore, Madhya Pradesh.
- Registered AddressBlock No. 5 2nd Floor Capital Tower Plot No. 169A Pu – 4, Scheme No. 54 Vijay Nagar Indore Mp – 452010, Madhya Pradesh, India – 452010
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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 Indo Thai Wealth Management is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
Financials of Indo Thai Wealth Management Private Limited
FY 2025 filings availableIndo Thai Wealth Management Private Limited reported revenue of ₹5.22 Lakh (up 101% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 101% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 64%. EBITDA rose 61% 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 |
|---|---|---|---|---|---|
| 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 | ₹3.71 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹81,005 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 71.1% | ||||
| Net Profit Margin | -15.5% | ||||
| 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 Indo Thai Wealth Management Private Limited, buy the company report.
Board of directors of Indo Thai Wealth Management Private Limited
Indo Thai 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 |
|---|---|---|---|---|
| Parasmal Doshi | Director | 11 Oct 2007 | 19 Years 0 Months | Current |
| Sarthak Doshi Also directs: Sky Space Ventures LLP, Surana Estate and Commodity Trading Private Limited, Indo Thai Commodities Private Limited and 5 more | Director | 30 Sep 2023 | 3 Years 0 Months | Current |
| Dhanpal Doshi | Director | 11 Oct 2007 | 19 Years 0 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2010 | 10231418 | Indusind Bank Ltd. | ₹10 Cr | Satisfied |
To see the full charge records of Indo Thai Wealth Management Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Indo Thai Wealth Management Private Limited has 2 court cases on record: 1 filed by Indo Thai Wealth Management, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (UN CIV) | Filed against the company by an individual | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against an individual | Disposed |
To see the full case history of Indo Thai 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
No delayed payments to MSME suppliers are on our record for Indo Thai Wealth Management 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 Indo Thai Wealth Management Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indo Thai Wealth Management Private Limited has 4 board changes on record since 2007: 3 appointments and 1 cessation. The latest: Sarthak Doshi was appointed as Director on 30 Sep 2023.
News
Frequently asked questions
Indo Thai Wealth Management is an active private limited company based in Indore, Madhya Pradesh, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 11 October 2007 (19+ years old) and is registered under CIN U66110MP2007PTC019909.
Indo Thai Wealth Management has 3 current directors:
- Parasmal Doshi - Director
- Sarthak Doshi - Director
- Dhanpal Doshi - Director
The latest financial statements of Indo Thai Wealth Management on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Indo Thai Wealth Management is U66110MP2007PTC019909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indo Thai Wealth Management has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Indo Thai Wealth Management was incorporated on 11 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Gwalior.
Sarthak Doshi was appointed as Director on 30 Sep 2023. Hemant Agrawal ceased to be Additional Director on 30 Sep 2019. Dhanpal Doshi was appointed as Director on 11 Oct 2007. Indo Thai Wealth Management has 4 board changes on record in total.
Indo Thai Wealth Management can be reached through the website indothai.co.in. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Indo Thai Wealth Management is at Block No. 5 2nd Floor Capital Tower Plot No. 169A Pu – 4, Scheme No. 54 Vijay Nagar Indore Mp – 452010, Madhya Pradesh, India – 452010.
Indo Thai Wealth Management operates in the business outsourcing industry, in the business and IT consulting segment.