About Mehta Wealth Limited
Data last updated:
Mehta Wealth Limited is a public limited company based in Surat, Gujarat, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 10 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ2012PLC070268. Its GSTIN is 24AAICM2788C1ZH (Gujarat).
The company has an authorised share capital of ₹2.15 Cr and a paid-up capital of ₹43.48 Lakh. It was formerly known as Mehta Fincon Limited and Mehta Fincon Services Private Limited. It is led by directors including Krunal Mehta Jeevan (Managing Director) and Nirali Purav Shah.
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 713 Luxuria Business Hub Near Vr Mall Dumas Road, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.22 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹3.32 Cr (net margin -78.6%) and EBITDA of -₹2.78 Cr (EBITDA margin -65.9%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 7% over five years.
The company has about 13 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Mehta Wealth. As per MCA filings, the company has open charges of ₹3.15 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mehtawealth.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address713 Luxuria Business Hub Near Vr Mall Dumas Road, Surat, Gujarat, India – 395007
- IndustryFinancial Services, Diversified Financial Services
- 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
- One PDF report, delivered after checkout
Business Activity of Mehta Wealth Limited
The main business activity of Mehta Wealth is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mehta Wealth Limited FY 2024 filings available
Mehta Wealth Limited reported revenue of ₹4.22 Cr (down 55% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mehta Wealth Limited
Revenue fell 55% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 143% 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 of Mehta Wealth Limited
| 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 | -₹2.78 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.32 Cr | •••• | •••• | •••• | •••• |
| 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 of Mehta Wealth Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -65.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -78.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mehta Wealth are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Mehta Wealth Limited
Mehta Wealth Limited is audited by K B D & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K B D & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mehta Wealth Limited
Mehta Wealth has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirali Purav Shah Also directs: Arjonis Private Limited | Director | 28 Jun 2022 | 4 Years 3 Months | Current |
| Krunal Mehta Jeevan Also directs: Arigato Capital Advisory LLP, Mehta Capital Private Limited, Mehta Alternates Private Limited and 5 more | Managing Director | 10 May 2012 | 14 Years 4 Months | Current |
| Kinjal Mehta Krunal Also directs: Mehta Capital Private Limited, Mehta Alternates Private Limited, Mehta Ventures Private Limited and 4 more | Director | 08 Dec 2018 | 7 Years 9 Months | Current |
| Akanksha Harshil Shah | Director | 02 Sep 2024 | 2 Years 1 Months | Current |
Ownership and Shareholding of Mehta Wealth Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mehta Wealth Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jul 2025 | Others | ₹3.15 Cr | Open |
Total charge records: 1 View all charges
Associated Brands with Mehta Wealth Limited
Mehta Wealth operates one associated brand: Mehta Wealth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mehta Wealth manages diversified investment portfolios across various asset classes. | mehtawealth.in |
Employees and EPFO Compliance at Mehta Wealth Limited
Mehta Wealth Limited has a workforce of 13 employees as of Apr 02, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Mehta Wealth Limited
Mehta Wealth has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Mehta Ventures Private Limited | U67100GJ2014PTC080053 | Locked |
| Mehta Holidays Private Limited | U74140GJ2015PTC084977 | Locked |
Showing major subsidiaries. Total: 2.
Name History of Mehta Wealth Limited
Mehta Wealth has undergone 3 name changes throughout its history. The company was previously known as Mehta Fincon Limited, Mehta Fincon Services Private Limited, and Mehta Fincon Services Limited. The current legal name is Mehta Wealth Limited.
| Company Name | Status |
|---|---|
| Mehta Wealth Limited | Current |
| Mehta Fincon Limited | Previous |
| Mehta Fincon Services Private Limited | Previous |
| Mehta Fincon Services Limited | Previous |
CIN History of Mehta Wealth Limited
Mehta Wealth has one previous CIN (Corporate Identification Number): U67120GJ2012PTC070268. The current CIN is U67120GJ2012PLC070268, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120GJ2012PLC070268 | Current |
| U67120GJ2012PTC070268 | Previous |
Recent Activity on Mehta Wealth Limited
Mehta Wealth Limited has 8 board changes on record since 2012: 4 appointments and 4 cessations. The latest: Akanksha Harshil Shah was appointed as Director on 02 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Mehta Wealth Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mehta Wealth Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mehta Wealth Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mehta Wealth Limited
Mehta Wealth has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICM2788C1ZH | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mehta Wealth Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mehta Wealth Limited
Mehta Wealth is an active public limited company based in Surat, Gujarat, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 10 May 2012 (14+ years old) and is registered under CIN U67120GJ2012PLC070268.
Mehta Wealth reported revenue of ₹4.22 Cr for FY 2025 (down 55% YoY).
Mehta Wealth has 4 current directors:
- Krunal Mehta Jeevan - Managing Director
- Nirali Purav Shah - Director
- Kinjal Mehta Krunal - Director
- Akanksha Harshil Shah - Director
Mehta Wealth reported a net loss of ₹3.32 Cr (net margin -78.6%) and EBITDA of -₹2.78 Cr (EBITDA margin -65.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mehta Wealth is 14% over three years and 7% over five years. In the latest year (FY 2025) revenue fell 55%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mehta Wealth is 24AAICM2788C1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Mehta Wealth is U67120GJ2012PLC070268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mehta Wealth was incorporated on 10 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Akanksha Harshil Shah was appointed as Director on 02 Sep 2024. Keyur Mehta Jeevan ceased to be Managing Director on 22 Jul 2022. Nirali Purav Shah was appointed as Director on 28 Jun 2022. Mehta Wealth has 8 board changes on record in total.
Mehta Wealth can be reached through the website mehtawealth.in. Its registered office is in Surat, Gujarat, India.