Shubakruth Wealth Advisors LLP
About Shubakruth Wealth Advisors LLP
Data last updated:
Shubakruth Wealth Advisors LLP was a limited liability partnership (LLP) based in Bangalore, Karnataka, India. The LLP has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial intermediatory segment of the financial services sector. It was incorporated on 22 December 2020.
The LLP was registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAV-1865.
The LLP had a total obligation of contribution of ₹1 Lakh. It was led by designated partners including Kanaka Kumar Chand Kolavennu and Varalakshmi Balaji.
Its latest statement of accounts is for the year ended 31 March 2023. The registered office was at 3rd Floor No.13/A Wghs Colony Jp Nagar 7th Phase, Bangalore, Karnataka, India – 560078.
Company details
Contact details
Shubakruth Wealth Advisors LLP's registered office is in Bangalore, Karnataka.
- Registered Address3rd Floor No.13/A Wghs Colony Jp Nagar 7th Phase, Bangalore, Karnataka, India – 560078
- IndustryFinancial Services, Financial Intermediatory
- 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
Financials of Shubakruth Wealth Advisors LLP
FY 2023 filings availableFinancial Statement Summary
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Income and Expenditure | |||
| Turnover | |||
| Other Income | |||
| Total Income | |||
| Purchases and Direct Costs | |||
| Personnel Expenses | |||
| Administrative Expenses | |||
| Interest | |||
| Depreciation | |||
| Total Expenses | |||
| Profit Before Tax | |||
| Tax | |||
| Profit After Tax | |||
| Profit Transferred to Partners | |||
| Assets and Liabilities | |||
| Partners' Contribution | |||
| Reserves and Surplus | |||
| Secured Loans | |||
| Unsecured Loans | |||
| Trade Payables | |||
| Other Liabilities and Provisions | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Loans and Advances | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| Net Profit Margin | |||
| Return on Partners' Funds | |||
| Return on Assets | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Debt to Partners' Funds | |||
| Interest Coverage | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Turnover Growth | |||
| Profit Growth | |||
To see the full financial statements and ratios of Shubakruth Wealth Advisors LLP, buy the company report.
Designated partners of Shubakruth Wealth Advisors LLP
Shubakruth Wealth Advisors has 4 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanaka Kumar Chand Kolavennu Also directs: Feel Good Traders LLP, Magic Tree Info Solutions Private Limited, Hungy Bingy (OPC) Private Limited and 1 more | Designated Partner | 22 Dec 2020 | 5 Years 10 Months | As last reported |
| Varalakshmi Balaji | Designated Partner | 22 Dec 2020 | 5 Years 10 Months | As last reported |
| Raghu Allam Also directs: Cognius.Ai (India) Private Limited | Designated Partner | 22 Dec 2020 | 5 Years 10 Months | As last reported |
| Biju Gangadharan Also directs: Vinuta Investar LLP, Antzco Retail Private Limited | Designated Partner | 22 Dec 2020 | 5 Years 10 Months | As last reported |
Legal cases
No court or tribunal cases involving Shubakruth Wealth Advisors LLP 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 Shubakruth Wealth Advisors LLP; 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 Shubakruth Wealth Advisors LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shubakruth Wealth Advisors LLP has 4 designated partner changes on record since 2020: 4 appointments. The latest: Biju Gangadharan was appointed as Designated Partner on 22 Dec 2020.
Frequently asked questions
Shubakruth Wealth Advisors has a status of "Struck Off" as per MCA records. This means the LLP has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off LLP cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Shubakruth Wealth Advisors was a limited liability partnership based in Bangalore, Karnataka, India. The LLP worked in financial intermediatory, within the financial services industry. It was incorporated on 22 December 2020 and is registered under LLPIN AAV-1865. The LLP has been struck off by the Registrar of Companies and is no longer operational.
Shubakruth Wealth Advisors had 4 designated partners:
- Kanaka Kumar Chand Kolavennu - Designated Partner
- Varalakshmi Balaji - Designated Partner
- Raghu Allam - Designated Partner
- Biju Gangadharan - Designated Partner
The LLPIN (Limited Liability Partnership Identification Number) of Shubakruth Wealth Advisors is AAV-1865. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
The registered office of Shubakruth Wealth Advisors is at 3rd Floor No.13A Wghs Colony Jp Nagar 7th Phase, Bangalore, Karnataka, India – 560078.
Shubakruth Wealth Advisors was incorporated on 22 December 2020. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Shubakruth Wealth Advisors on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 March 2023. Year-wise statements from FY 2021 are in the company report.
Shubakruth Wealth Advisors operated in the financial services industry, in the financial intermediatory segment. It worked in this industry before it was struck off.
Biju Gangadharan was appointed as Designated Partner on 22 Dec 2020. Kanaka Kumar Chand Kolavennu was appointed as Designated Partner on 22 Dec 2020. Raghu Allam was appointed as Designated Partner on 22 Dec 2020. Shubakruth Wealth Advisors has 4 designated partner changes on record in total.
Shubakruth Wealth Advisors can be reached at its registered office: 3rd Floor No.13A Wghs Colony Jp Nagar 7th Phase, Bangalore, Karnataka, India – 560078.