Tharsha Wealth Private Limited

Tharsha Wealth Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U70109KA2018PTC114320 Incorporated 28 June 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company financial services DPIIT Startup
Data last updated
Revenue · FY 2025
₹33.56 Lakh
▼ 12% YoY
Net loss · FY 2025
₹7.06 Lakh
Net margin -21%
EBITDA · FY 2025
-₹6.96 Lakh
EBITDA margin -20.7%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Tharsha Wealth Private Limited

Data last updated:

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

CIN U70109KA2018PTC114320
Registration Number 114320
Incorporation Date 28 June 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Tharsha Wealth

DPIIT recognised startup Government of India
Startup India

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
  • Social Media
  • Registered Address
    Nandana 25 8th Main Road Shankarnagar, Bangalore, Karnataka, India – 560096
  • Industry
    Financial Services, Investment Banking & Advisory

To see the full contact details of Tharsha Wealth Private Limited, buy the company report.

Comprehensive company report
Tharsha Wealth Private Limited - one report that includes everything
  • 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
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Brands

Tharsha Wealth operates one associated brand: EldersWealth. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK7Financial 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 available

Tharsha Wealth Private Limited reported revenue of ₹33.56 Lakh (down 12% YoY) for FY 2025.

Revenue · FY 2025
₹33.56 Lakh ▼ 12%
Net loss · FY 2025
₹7.06 Lakh margin -21%
EBITDA · FY 2025
-₹6.96 Lakh margin -20.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 18%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▼ 52%
3 years · compounded
▲ 28%
5 years · compounded
▲ 12%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹6.96 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹7.06 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-20.7%
Net Profit Margin-21%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Vasudha RaghunandanDirector28 Jun 20188 Years 3 MonthsCurrent
Kadambi Raghunandan SrinivascharManaging Director28 Jun 20188 Years 3 MonthsCurrent

Auditor

Tharsha Wealth Private Limited is audited by M S S V & CO for the financial year 2019.

Auditor firmFinancial yearFirm registration number
M S S V & COFY 2019001987S

Shareholding

The shareholding of Tharsha Wealth Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Tharsha Wealth Private Limited, 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.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Tharsha Wealth Imf Private LimitedU66030KA2018PTC119853

To see the full group structure of Tharsha Wealth Private Limited, buy the company report.

GST

Tharsha Wealth has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAGCT8303G1Z7KarnatakaActive04 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.

AGM
Tharsha Wealth Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Tharsha Wealth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Soumya Choudhury ceased to be Director.
Appointed
Kadambi Raghunandan Srinivaschar was appointed as Managing Director.
Appointed
Vasudha Raghunandan was appointed as Director.
Incorporation
28 Jun 2018
Tharsha Wealth Private Limited was registered on 28 Jun 2018 with Roc Bangalore & aged 8 years 3 months as per MCA records.

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:

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.