
About Tharsha Wealth Private Limited
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Tharsha Wealth Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 28 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2018PTC114320. Its GSTIN is 29AAGCT8303G1Z7 (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Kadambi Raghunandan Srinivaschar (Managing Director) and Vasudha Raghunandan.
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 Nandana 25 8th Main Road Shankarnagar, Bangalore, Karnataka, India – 560096.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.56 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹7.06 Lakh (net margin -21%) and EBITDA of -₹6.96 Lakh (EBITDA margin -20.7%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 30% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: EldersWealth.
For more details, the company can be reached via its website elderswealth.com.
Company details
Recognitions & Rankings of Tharsha Wealth
Contact details
Tharsha Wealth Private Limited's registered office is in Bangalore, Karnataka. Its website is elderswealth.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNandana 25 8th Main Road Shankarnagar, Bangalore, Karnataka, India – 560096
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Tharsha Wealth 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
Tharsha Wealth operates one associated brand: EldersWealth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides financial solutions, retirement planning, and wealth management for seniors. | elderswealth.com |
Business activity
The main business activity of Tharsha 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 Tharsha Wealth Private Limited, buy the company report.
Financials of Tharsha Wealth Private Limited
FY 2025 filings availableTharsha Wealth Private Limited reported revenue of ₹33.56 Lakh (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 30%. EBITDA fell 52% 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 | -₹6.96 Lakh | ||||
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| Net Profit (PAT) | -₹7.06 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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| EBITDA Margin | -20.7% | ||||
| Net Profit Margin | -21% | ||||
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To see the full financial statements and ratios of Tharsha Wealth Private Limited, buy the company report.
Board of directors of Tharsha Wealth Private Limited
Tharsha Wealth 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 |
|---|---|---|---|---|
| Vasudha Raghunandan | Director | 28 Jun 2018 | 8 Years 3 Months | Current |
| Kadambi Raghunandan Srinivaschar | Managing Director | 28 Jun 2018 | 8 Years 3 Months | Current |
Auditor
Tharsha Wealth Private Limited is audited by M S S V & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S S V & CO | FY 2019 | 001987S |
Shareholding
The shareholding of Tharsha Wealth Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Tharsha Wealth Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tharsha 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 Tharsha Wealth Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Tharsha Wealth has 1 subsidiary company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Tharsha Wealth Imf Private Limited | U66030KA2018PTC119853 |
To see the full group structure of Tharsha Wealth Private Limited, buy the company report.
GST
Tharsha Wealth has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCT8303G1Z7 | Karnataka | Active | 04 Sep 2018 |
To see the full GST registrations and return filing status of Tharsha Wealth Private Limited, buy the company report.
Recent activity
Tharsha Wealth Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Soumya Choudhury ceased to be Director on 31 Mar 2019.
Frequently asked questions
Tharsha Wealth is an active private limited company based in Bangalore, Karnataka, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 28 June 2018 (8+ years old) and is registered under CIN U70109KA2018PTC114320.
Tharsha Wealth has 2 current directors:
- Kadambi Raghunandan Srinivaschar - Managing Director
- Vasudha Raghunandan - Director
The latest financial statements of Tharsha Wealth 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 2019 are in the company report.
The GSTIN of Tharsha Wealth is 29AAGCT8303G1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Tharsha Wealth is U70109KA2018PTC114320. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tharsha Wealth was incorporated on 28 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Soumya Choudhury ceased to be Director on 31 Mar 2019. Kadambi Raghunandan Srinivaschar was appointed as Managing Director on 28 Jun 2018. Vasudha Raghunandan was appointed as Director on 28 Jun 2018.
Yes, Tharsha Wealth is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Tharsha Wealth can be reached through the website elderswealth.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Tharsha Wealth is at Nandana 25 8th Main Road Shankarnagar, Bangalore, Karnataka, India – 560096.