Myalternates Financial Services Private Limited - Company Profile

It is a internet private limited company based in Egmore Nungambakka, Tamil Nadu, India, established in 2017.

2017 Egmore Nungambakka, Tamil Nadu, India Active

Last Updated: December 17, 2025

About Myalternates Financial Services Private Limited

Myalternates Financial Services Private Limited, a active private limited company, was established on 06 June 2017 in Egmore Nungambakka, Tamil Nadu, India. Engaging in online financial services within the financial and insurance service sector, it holds CIN: U74999TN2017PTC116970. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.15 M.

Formerly known as Pms Wealth Advisors Private Limited, Myalternates Private Limited. It upholds a compliant status. Its leadership includes Rahman Fiaz Hameed (Director), Karur Subramanian Ramachandran (Director), Delhibhasyam Rajesh Kumar (Director). Past directors included Gnanaraj Daniel Misfa, Delhibhasyam Rajesh Kumar, Ramaswamy Pallavarajan. Its latest AGM occurred on 27 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. 1B, Second Floor, Wellington Estate, 53 Ethiraj Salai (Formerly Commander In Chief Road, Egmore Nungambakka, Tamil Nadu, 600008.

Company Details

CIN/LLPIN
U74999TN2017PTC116970
Registration Number
116970
Incorporation Date
06 June 2017
Authorized Capital
₹1.00 M
Paid-Up Capital
₹0.15 M
ROC Code
Roc Chennai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.00 M as on 17-12-2025
Paid Up Capital ₹ 0.15 M as on 17-12-2025
Company Age 8 Year, 8 Months
Last Filing with ROC 31 Mar 2024
Revenue Growth **** 52.11% (FY 2023)
Profit Growth **** -53.81% (FY 2023)
Ebitda **** -37.16% (FY 2023)
Net Worth 53.66% (FY 2023)
Total Assets **** 30.67% (FY 2023)

Comprehensive Company Insights

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Who are the key members and board of directors at Myalternates Financial Services Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rahman Fiaz Hameed	Director	03 Oct 2018	Current
Karur Subramanian Ramachandran	Director	19 Aug 2019	Current
Delhibhasyam Rajesh Kumar	Director	12 Nov 2021	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	19 Aug 2019	Past
Pramod Abcsdd	Additional Director	30 Sep 2022	Past
Pramod Abcsdd	Director	19 Aug 2019	Past

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Financial Performance of Myalternates Financial Services.

Myalternates Financial Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.11% increase. The company also saw a substantial fall in profitability, with a 53.81% decrease in profit. The company's net worth Soared by an impressive increase of 53.66%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

52.11%

*******

Revenue from Operations

*******

52.33%

*******

Total Assets

*******

30.67%

*******

Profit or Loss

*******

-53.81%

*******

Net Worth

*******

53.66%

*******

EBITDA

*******

-37.16%

*******

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What is the Ownership and Shareholding Structure of Myalternates Financial Services?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Myalternates Financial Services?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Myalternates Financial Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Myalternates Financial Services's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Myalternates Financial Services

Recent Activity within the Organization

Annual General Meeting

The activity Myalternates Financial Services Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records. was completed.
27 Sep 2024
Balance Sheet

The activity Myalternates Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.
31 Mar 2024
Director Appointment

The activity Delhibhasyam Rajesh Kumar was appointed as a Director was appointed as a Director on 12 Nov 2021 & has been associated with this company since 4 years 3 months . was completed.
12 Nov 2021
Director Appointment

Karur Subramanian Ramachandran was appointed as a Director was appointed as a Director on 19 Aug 2019 & has been associated with this company since 6 years 6 months . was recorded as a recent event.
19 Aug 2019
Director Appointment

The activity Rahman Fiaz Hameed was appointed as a Director was appointed as a Director on 03 Oct 2018 & has been associated with this company since 7 years 5 months . was completed.
03 Oct 2018
Company Incorporation

The activity Myalternates Financial Services Private Limited was registered on 06 Jun 2017 with Roc Chennai & aged 8 years 8 months as per MCA records. was completed.
06 Jun 2017

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