Sumit Wealthcare Private Limited
About Sumit Wealthcare Private Limited
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Sumit Wealthcare Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 09 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC303885. Its GSTIN is 27AAZCS7057D1ZQ (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Lakhi Shashikant Gupta and Sumit Shashikant Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 10 Govind Nagar Dixit Road Vile Parle (East), Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.11 Lakh, a growth of 49% compared to the previous year. For the same year it recorded a net loss of ₹33,009 (net margin -4.6%) and EBITDA of -₹32,193 (EBITDA margin -4.5%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 16% over five years.
Company details
Contact details
Sumit Wealthcare Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address10 Govind Nagar Dixit Road Vile Parle (East), Mumbai, Maharashtra, India – 400057
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Sumit Wealthcare 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
Financials of Sumit Wealthcare Private Limited
FY 2025 filings availableSumit Wealthcare Private Limited reported revenue of ₹7.11 Lakh (up 49% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 49% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. EBITDA fell 112% 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 | -₹32,193 | ||||
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| Net Profit (PAT) | -₹33,009 | ||||
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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 | -4.5% | ||||
| Net Profit Margin | -4.6% | ||||
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To see the full financial statements and ratios of Sumit Wealthcare Private Limited, buy the company report.
Board of directors of Sumit Wealthcare Private Limited
Sumit Wealthcare has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakhi Shashikant Gupta | Director | 09 Jan 2018 | 8 Years 9 Months | Current |
| Sumit Shashikant Gupta | Director | 09 Jan 2018 | 8 Years 9 Months | Current |
Peer comparison
Sumit Wealthcare Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Other Financial Services), with 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 |
|---|---|---|---|---|---|---|
| Proficient Financial Services Private Limited | ₹7.12 Lakh (FY 2025) | -13.0% | Madurai, Tamil Nadu, India | |||
| Sumit Wealthcare Private Limitedthis company | ₹7.11 Lakh (FY 2025) | -₹33,009 | -4.6% | 49.0% | Mumbai, Maharashtra, India | |
| Way to Financial Prosperity Private Limited | ₹7.1 Lakh (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Agnee Financial Services Limited | ₹7.1 Lakh (FY 2017) | 1652.0% | Amreli, Gujarat, India | |||
| B and C Consultants Private Limited | ₹7.09 Lakh (FY 2019) | 6.0% | Mumabi, Maharashtra, India |
To see the full peer comparison of Sumit Wealthcare Private Limited, buy the company report.
Auditor
Sumit Wealthcare Private Limited is audited by C A CHAUHAN AND CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C A CHAUHAN AND CO | FY 2021 | 133604W |
Shareholding
The shareholding of Sumit Wealthcare Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sumit Wealthcare Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sumit Wealthcare 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 Sumit Wealthcare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sumit Wealthcare has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAZCS7057D1ZQ | Maharashtra | Active | 04 May 2018 |
To see the full GST registrations and return filing status of Sumit Wealthcare Private Limited, buy the company report.
Recent activity
Sumit Wealthcare Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Asha Pradip Parasrampuria ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Sumit Wealthcare is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 09 January 2018 (8+ years old) and is registered under CIN U74999MH2018PTC303885.
Sumit Wealthcare has 2 current directors:
- Lakhi Shashikant Gupta - Director
- Sumit Shashikant Gupta - Director
The latest financial statements of Sumit Wealthcare on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Sumit Wealthcare is 27AAZCS7057D1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sumit Wealthcare is U74999MH2018PTC303885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sumit Wealthcare was incorporated on 09 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sumit Wealthcare by revenue are Proficient Financial Services Private Limited, Way to Financial Prosperity Private Limited, Agnee Financial Services Limited, B and C Consultants Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (financial advisory, brokerage and consultancy services).
Asha Pradip Parasrampuria ceased to be Additional Director on 30 Sep 2019. Lakhi Shashikant Gupta was appointed as Director on 09 Jan 2018. Sumit Shashikant Gupta was appointed as Director on 09 Jan 2018.
The registered office of Sumit Wealthcare is at 10 Govind Nagar Dixit Road Vile Parle East, Mumbai, Maharashtra, India – 400057.
Sumit Wealthcare operates in the financial services industry, in the diversified financial services segment.
Sumit Wealthcare can be reached at its registered office: 10 Govind Nagar Dixit Road Vile Parle East, Mumbai, Maharashtra, India – 400057.
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