About Platinum Power Wealth Advisors Private Limited
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Platinum Power Wealth Advisors Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 25 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2008PTC183978.
The company has an authorised share capital of ₹52 Lakh and a paid-up capital of ₹1.75 Lakh. It is led by directors including Vivek Yogendra Kumar and Ratul Lahiri.
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. 1A&1B 1st Floor B – Wing Ashar IT Park 16Z Road Wagle Estate Thane (West), Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.43 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹7.64 Lakh (net margin -314.7%) and EBITDA of -₹65,093 (EBITDA margin -26.8%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 38% over five years.
Its group structure includes 4 subsidiaries.
The company is associated with 2 brands: MintWise and Platinumone.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website platinumone.in.
Company details
Contact details
Platinum Power Wealth Advisors Private Limited's registered office is in Thane, Maharashtra. Its website is platinumone.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No. 1A&1B 1st Floor B – Wing Ashar IT Park 16Z Road Wagle Estate Thane (West), Maharashtra, India – 400604
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Platinum Power Wealth Advisors Private Limited, buy the company report.
- 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
Brands
Platinum Power Wealth Advisors operates two associated brands: MintWise and Platinumone. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an insurance aggregator platform for comparing and purchasing policies. | mintwise.com | |
| Business process outsourcing services are provided from Thane, India. | platinumone.in |
Business activity
The main business activity of Platinum Power Wealth Advisors is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Platinum Power Wealth Advisors Private Limited, buy the company report.
Financials of Platinum Power Wealth Advisors Private Limited
FY 2024 filings availablePlatinum Power Wealth Advisors Private Limited reported revenue of ₹2.43 Lakh (down 94% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 94% fall in the latest year. EBITDA fell 102% 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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| EBITDA | -₹65,093 | ||||
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| Net Profit (PAT) | -₹7.64 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -26.8% | ||||
| Net Profit Margin | -314.7% | ||||
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To see the full financial statements and ratios of Platinum Power Wealth Advisors Private Limited, buy the company report.
Board of directors of Platinum Power Wealth Advisors Private Limited
Platinum Power Wealth Advisors has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Yogendra Kumar Also directs: Careof Healthcare Services LLP, Platinumone Business Services Limited, Platinumone Insurance Broking Private Limited and 5 more | Director | 25 Jun 2008 | 18 Years 4 Months | Current |
| Ratul Lahiri Also directs: Careof Healthcare Services LLP, Platinumone Business Services Limited, Platinumone Wealth Managers Limited and 3 more | Director | 25 Jun 2008 | 18 Years 4 Months | Current |
| Shilpa Amey Saxena | Director | 07 Jul 2018 | 8 Years 4 Months | Current |
Auditor
Platinum Power Wealth Advisors Private Limited is audited by VATSARAJ & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VATSARAJ & CO. | FY 2023 | 111327W |
Shareholding
The shareholding of Platinum Power Wealth Advisors 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Platinum Power Wealth Advisors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Platinum Power Wealth Advisors Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Platinum Power Wealth Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Platinum Power Wealth Advisors has 4 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Platinumone Business Services Limited | L67190MH2008PLC185240 | |
| Platinumone Insurance Broking Private Limited | U66000MH2011PTC219533 | |
| Platinumone Learning Solutions Private Limited | U74140MH2008PTC185096 | |
| Platinumone Distribution Services Private Limited | U74999MH2008PTC187613 |
To see the full group structure of Platinum Power Wealth Advisors Private Limited, buy the company report.
GST
No GST registration is on our record for Platinum Power Wealth Advisors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Platinum Power Wealth Advisors Private Limited has 8 board changes on record since 2008: 3 appointments and 5 cessations. The latest: Shilpa Amey Saxena ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Platinum Power Wealth Advisors is an active private limited company based in Thane, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 25 June 2008 (18+ years old) and is registered under CIN U67190MH2008PTC183978.
Platinum Power Wealth Advisors has 3 current directors:
- Vivek Yogendra Kumar - Director
- Ratul Lahiri - Director
- Shilpa Amey Saxena - Director
The latest financial statements of Platinum Power Wealth Advisors 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 CIN (Corporate Identification Number) of Platinum Power Wealth Advisors is U67190MH2008PTC183978. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Platinum Power Wealth Advisors was incorporated on 25 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Shilpa Amey Saxena ceased to be Additional Director on 29 Sep 2018. Amey Narendra Saxena ceased to be Director on 07 Jul 2018. Shilpa Amey Saxena was appointed as Director on 07 Jul 2018. Platinum Power Wealth Advisors has 8 board changes on record in total.
Platinum Power Wealth Advisors can be reached through the website platinumone.in. Its registered office is in Thane, Maharashtra, India.
The registered office of Platinum Power Wealth Advisors is at Unit No. 1A&1B 1st Floor B – Wing Ashar IT Park 16Z Road Wagle Estate Thane West, Maharashtra, India – 400604.
Platinum Power Wealth Advisors operates in the business outsourcing industry, in the business and IT consulting segment.
The compliance status of Platinum Power Wealth Advisors is compliant as of 28 July 2026. The company is actively filing with the Registrar of Companies.
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