MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-05-0004881
Passerine Wealth Solutions Private Limited - consumer goods in Gurgaon, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹46.46 Cr
▼ 16% YoY
Net loss · FY 2025
₹7.96 Lakh
Net margin -0.2%
EBITDA · FY 2025
₹2.48 Cr
EBITDA margin 5.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹99 Lakh
Issued & subscribed
Open charges
₹9.73 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
1
Provident fund records
About Passerine Wealth Solutions Private Limited
Data last updated:
Passerine Wealth Solutions Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the sports equipment retail and distribution segment of the consumer goods sector. It was incorporated on 28 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74110HR2013PTC049676. Its GSTIN is 06AADCI2800E1Z7 (Haryana). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99 Lakh. It was formerly known as Integrated Wealth Solutions Private Limited. It is led by directors including Ramanjee Mishra and Nitasha Gupta.
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 Unit No. – 323 Vipul Trade Centre Sector – 48 Sohna Road Gurgaon, Haryana, India – 122018.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.46 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹7.96 Lakh (net margin -0.2%) and EBITDA of ₹2.48 Cr (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 26% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.73 Cr on record. Court records list 19 cases involving the company, including 2 filed by the company and 17 filed against it; 12 cases are pending.
Passerine Wealth Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0004881). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website passerinegroup.com.
Company details
CIN U74110HR2013PTC049676
Registration Number 049676
Incorporation Date 28 June 2013
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-05-0004881
CIN history
Passerine Wealth Solutions has one previous CIN (Corporate Identification Number): U67190HR2013PTC049676. The current CIN is U74110HR2013PTC049676, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110HR2013PTC049676 | Current |
| U67190HR2013PTC049676 | Previous |
Key People
Ramanjee Mishra Director Nitasha Gupta Additional Director Manoj Kumar Gupta Additional Director Recognitions & Rankings of Passerine Wealth Solutions
Contact details
Passerine Wealth Solutions Private Limited's registered office is in Gurgaon, Haryana. Its website is passerinegroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. – 323 Vipul Trade Centre Sector – 48 Sohna Road Gurgaon, Haryana, India – 122018
- IndustryConsumer Goods, Sports Equipment Retail & Distribution
To see the full contact details of Passerine Wealth Solutions Private Limited, buy the company report.
Comprehensive company report
Passerine Wealth Solutions 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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Business activity
The main business activity of Passerine Wealth Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Passerine Wealth Solutions Private Limited, buy the company report.
Financials of Passerine Wealth Solutions Private Limited
FY 2024 filings availablePasserine Wealth Solutions Private Limited reported revenue of ₹46.46 Cr (down 16% YoY) for FY 2025.
Revenue · FY 2025
₹46.46 Cr ▼ 16%
Net loss · FY 2025
₹7.96 Lakh margin -0.2%
EBITDA · FY 2025
₹2.48 Cr margin 5.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 7%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 37%
5 years · compounded
▲ 25%
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA rose 1% 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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| Total Expenses | |||||
| EBITDA | ₹2.48 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.96 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | -0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Passerine Wealth Solutions Private Limited, buy the company report.
Board of directors of Passerine Wealth Solutions Private Limited
Passerine Wealth Solutions has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramanjee Mishra | Director | 12 Dec 2022 | 3 Years 10 Months | Current |
| Nitasha Gupta | Additional Director | 28 May 2018 | 8 Years 4 Months | Current |
| Manoj Kumar Gupta | Additional Director | 01 Feb 2018 | 8 Years 8 Months | Current |
Peer comparison
Passerine Wealth Solutions Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Sports Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nityasach Fitness Private Limited | ₹50.06 Cr (FY 2023) | -23.0% | Secunderabad, Telangana, India | |||
| Earthen Roots Private Limited | ₹48.93 Cr (FY 2025) | 58.0% | Raipur, Chhattisgarh, India | |||
| Passerine Wealth Solutions Private Limitedthis company | ₹46.46 Cr (FY 2025) | -₹7.96 Lakh | -0.2% | -16.0% | Gurgaon, Haryana, India | |
| Energie Health Equipment Private Limited | ₹41.16 Cr (FY 2025) | 27.0% | Delhi, India | |||
| Zaverchand Sports Private Limited | ₹39.71 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| DRS Fitking Private Limited | ₹38.46 Cr (FY 2024) | 22.0% | Delhi, India |
To see the full peer comparison of Passerine Wealth Solutions Private Limited, buy the company report.
Auditor
Passerine Wealth Solutions Private Limited is audited by PARASU RAMAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARASU RAMAN & ASSOCIATES | FY 2023 | 0025407N |
Shareholding
The shareholding of Passerine Wealth Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Passerine Wealth Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.73 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 2024 | 101012218 | Hdfc Bank Limited | ₹45.55 Lakh | Open | |
| 10 Jan 2024 | 100859577 | Axis Bank Limited | ₹31.1 Lakh | Open | |
| 10 Jan 2024 | 100857269 | Axis Bank Limited | ₹28.23 Lakh | Open | |
| 05 Jan 2024 | 100848210 | Hdfc Bank Limited | ₹25.09 Lakh | Open | |
| 30 Jan 2022 | 100561222 | Hdfc Bank Limited | ₹25.58 Lakh | Open |
To see the full charge records of Passerine Wealth Solutions Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Passerine Wealth Solutions Private Limited has 19 court cases on record: 2 filed by Passerine Wealth Solutions, 17 filed against it. 12 cases are pending and 7 are disposed.
Total cases
19
Filed by the company
2
Filed against the company
17
Pending
12
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 16 | 12 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by Tata Capital Limited | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by HDFC Bank Ltd | Pending |
| District court, West, Delhi | Criminal case | Filed against the company by HDFC Bank | Pending |
| District court, Gurugram, Haryana | Criminal miscellaneous application | Filed against the company by M/S Icici Bank Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Lendingkart Finance Limited | Pending |
To see the full case history of Passerine Wealth Solutions 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 Passerine Wealth Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Passerine Wealth Solutions has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCI2800E1Z7 | Haryana | Active | 01 Jul 2017 |
| 07AADCI2800E1Z5 | Delhi | Active | 06 Jul 2017 |
| 09AADCI2800E1Z1 | Uttar Pradesh | Active | 30 Nov 2021 |
To see the full GST registrations and return filing status of Passerine Wealth Solutions Private Limited, buy the company report.
Recent activity
Passerine Wealth Solutions Private Limited has 13 board changes on record since 2014: 3 appointments and 10 cessations. The latest: Jasdeep Singh Anand ceased to be Director on 20 Jul 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.46 Cr with Charge ID 101012218 was registered on 15 Oct 2024.
AGM
Passerine Wealth Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Passerine Wealth Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.31 Cr with Charge ID 100859577 was registered on 10 Jan 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.28 Cr with Charge ID 100857269 was registered on 10 Jan 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100848210 was registered on 05 Jan 2024.
Ceased
Jasdeep Singh Anand ceased to be Director.
Ceased
Vandana Tyagi ceased to be Additional Director.
Ceased
Rahul Chauhan ceased to be Additional Director.
Charges
A charge with Others of Rs. 7.99 Cr registered on 29 Oct 2019 with Charge ID 100300105 was modified on 17 Jan 2023.
Appointed
Ramanjee Mishra was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 100561222 was registered on 30 Jan 2022.
12 earlier events are in the company report.
Frequently asked questions
Passerine Wealth Solutions is an active private limited company based in Gurgaon, Haryana, India. The company works in sports equipment retail and distribution, within the consumer goods industry. It was incorporated on 28 June 2013 (13+ years old) and is registered under CIN U74110HR2013PTC049676.
Passerine Wealth Solutions has 3 current directors:
- Ramanjee Mishra - Director
- Nitasha Gupta - Additional Director
- Manoj Kumar Gupta - Additional Director
The latest financial statements of Passerine Wealth Solutions 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 Passerine Wealth Solutions is 06AADCI2800E1Z7, registered in Haryana. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 07AADCI2800E1Z5 (Delhi), 09AADCI2800E1Z1 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Passerine Wealth Solutions is U74110HR2013PTC049676. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Passerine Wealth Solutions has 19 court cases on record: 2 filed by the company and 17 filed against it. 12 are pending. Most are in the district courts.
Passerine Wealth Solutions was incorporated on 28 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Passerine Wealth Solutions by revenue are Nityasach Fitness Private Limited, Earthen Roots Private Limited, Energie Health Equipment Private Limited, Zaverchand Sports Private Limited, DRS Fitking Private Limited, all in the Consumer Products industry (Sports Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Jasdeep Singh Anand ceased to be Director on 20 Jul 2023. Vandana Tyagi ceased to be Additional Director on 20 Jul 2023. Rahul Chauhan ceased to be Additional Director on 31 May 2023. Passerine Wealth Solutions has 13 board changes on record in total.
Yes, Passerine Wealth Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0004881).
Passerine Wealth Solutions can be reached through the website passerinegroup.com. Its registered office is in Gurgaon, Haryana, India.