Ray Prime Wealth Private Limited
About Ray Prime Wealth Private Limited
Data last updated:
Ray Prime Wealth Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It was incorporated on 18 March 2023.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U66301TN2023PTC158944.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Palanichamy Lawanya and Stalin.
Its last annual general meeting (AGM) was held on 13 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.02 Cr. For the same year it recorded a net loss of ₹4.77 Lakh (net margin -4.7%) and EBITDA of -₹4.57 Lakh (EBITDA margin -4.5%).
As per MCA filings, the company has open charges of ₹25.88 Lakh on record.
Company details
Contact details
Ray Prime Wealth Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressNo.124(74/7), Mount Road Saidapet Guindy, Chennai, Tamil Nadu, India – 600032
- 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 Ray Prime Wealth 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 Ray Prime Wealth Private Limited, buy the company report.
Financials of Ray Prime Wealth Private Limited
FY 2024 filings availableRay Prime Wealth Private Limited reported revenue of ₹1.02 Cr for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
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| EBITDA | -₹4.57 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹4.77 Lakh | |
| Balance Sheet | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -4.5% | |
| Net Profit Margin | -4.7% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Ray Prime Wealth Private Limited, buy the company report.
Board of directors of Ray Prime Wealth Private Limited
Ray Prime Wealth has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Palanichamy Lawanya | Director | 18 Mar 2023 | 3 Years 7 Months | Current |
| Stalin | Director | 18 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Ray Prime Wealth Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Daga Business (International) Stock Brokers (Ifsc) Private Limited | ₹1.02 Cr (FY 2025) | 2.0% | Gandhinagar, Gujarat, India | |||
| Hitech Insurance Broking Services Limited | ₹1.02 Cr (FY 2024) | -25.0% | Mumbai, Maharashtra, India | |||
| Sharul Techno-Financial Consultancy Services Private Limited | ₹1.02 Cr (FY 2025) | -13.0% | Ludhiana, Punjab, India | |||
| Laddu Gopal Finvest Private Limited | ₹1.02 Cr (FY 2024) | -5.0% | Delhi, India | |||
| Eton Advisors Private Limited | ₹1.02 Cr (FY 2021) | 1260.0% | Mumbai, Maharashtra, India | |||
| Ray Prime Wealth Private Limitedthis company | ₹1.02 Cr (FY 2024) | -₹4.77 Lakh | -4.7% | Chennai, Tamil Nadu, India | ||
| Dynamic Financial Consultants Private Limited | ₹1.02 Cr (FY 2025) | 74.0% | Kolkata, West Bengal, India | |||
| Prfa Regular Money Imf Private Limited | ₹1.02 Cr (FY 2024) | 113.0% | Delhi, India | |||
| Manisha Commercial Private Limited | ₹1.02 Cr (FY 2024) | 7.0% | New Delhi, Delhi, India | |||
| Aas Investment and Distribution Private Limited | ₹1.02 Cr (FY 2025) | 44.0% | Kolkata, West Bengal, India | |||
| Grownex Tech Maistas Private Limited | ₹1.02 Cr (FY 2024) | -8.0% | Akbarpur, Uttar Pradesh, India |
To see the full peer comparison of Ray Prime Wealth Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2025 | 101135020 | Hdfc Bank Limited | ₹12.63 Lakh | Open | |
| 13 Mar 2025 | 101104568 | Hdfc Bank Limited | ₹13.25 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Ray Prime Wealth 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 Ray Prime Wealth 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 Ray Prime Wealth Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ray Prime Wealth Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Palanichamy Lawanya was appointed as Director on 18 Mar 2023.
Frequently asked questions
Ray Prime Wealth is an active private limited company based in Chennai, Tamil Nadu, India. It was incorporated on 18 March 2023 (3+ years old) and is registered under CIN U66301TN2023PTC158944.
Ray Prime Wealth has 2 current directors:
- Palanichamy Lawanya - Director
- Stalin - Director
The latest financial statements of Ray Prime Wealth on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 13 September 2024. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Ray Prime Wealth is U66301TN2023PTC158944. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ray Prime Wealth was incorporated on 18 March 2023, making it 3+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Ray Prime Wealth by revenue are Daga Business (International) Stock Brokers (Ifsc) Private Limited, Hitech Insurance Broking Services Limited, Sharul Techno-Financial Consultancy Services Private Limited, Laddu Gopal Finvest Private Limited, Eton Advisors Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Palanichamy Lawanya was appointed as Director on 18 Mar 2023. Stalin was appointed as Director on 18 Mar 2023.
The registered office of Ray Prime Wealth is at No.124747, Mount Road Saidapet Guindy, Chennai, Tamil Nadu, India – 600032.
Ray Prime Wealth has open charges of ₹25.88 Lakh and no satisfied charges on record as per latest MCA filings.
Ray Prime Wealth can be reached at its registered office: No.124747, Mount Road Saidapet Guindy, Chennai, Tamil Nadu, India – 600032.
Ray Prime Wealth is registered under the jurisdiction of the Registrar of Companies (ROC), Chennai.
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