Urban Wealth Private Limited
About Urban Wealth Private Limited
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Urban Wealth Private Limited is a private limited company based in Chandigarh, India. It operates in the bars and canteens segment of the hospitality and wellness sector. It was incorporated on 21 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U55209CH2021PTC043680.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Gurtej Singh and Nirmal Kaur.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Flat No. 638 Sarvhitkari Society Sector 48 A, Chandigarh, India – 160047.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.15 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.33 Lakh (net margin -2.9%) and EBITDA of ₹4.02 Lakh (EBITDA margin 3.5%).
Company details
Contact details
Urban Wealth Private Limited's registered office is in Chandigarh, Chandigarh.
- Registered AddressFlat No. 638 Sarvhitkari Society Sector 48 A, Chandigarh, India – 160047
- IndustryHospitality & Wellness, Bars And Canteens, Restaurants
- 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 Urban Wealth is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Urban Wealth Private Limited, buy the company report.
Financials of Urban Wealth Private Limited
FY 2023 filings availableUrban Wealth Private Limited reported revenue of ₹1.15 Cr (up 291% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 291% in the latest year. EBITDA rose 126% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹4.02 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3.33 Lakh | |
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 3.5% | |
| Net Profit Margin | -2.9% | |
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To see the full financial statements and ratios of Urban Wealth Private Limited, buy the company report.
Board of directors of Urban Wealth Private Limited
Urban Wealth has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurtej Singh | Director | 21 May 2021 | 5 Years 5 Months | Current |
| Nirmal Kaur | Director | 21 May 2021 | 5 Years 5 Months | Current |
| Kanwar Varinder Singh | Director | 21 May 2021 | 5 Years 5 Months | Current |
| Arvinder Kaur | Director | 10 Jul 2021 | 5 Years 3 Months | Current |
| Manmeet Singh Virk | Additional Director | 26 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
Urban Wealth Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Twisted Toppings Hospitality Private Limited | ₹1.15 Cr (FY 2025) | 33.0% | Surat, Gujarat, India | |||
| One One Three Roasty Private Limited | ₹1.15 Cr (FY 2024) | 77.0% | Chandigarh, India | |||
| Bacchus V Omotenashi Hospitality Private Limited | ₹1.15 Cr (FY 2023) | Hyderabad, Telangana, India | ||||
| Kokoco Innovative Beverages Private Limited | ₹1.15 Cr (FY 2025) | 67.0% | Pune, Maharashtra, India | |||
| Prem Caterers Private Limited | ₹1.15 Cr (FY 2024) | -19.0% | Bina, Madhya Pradesh, India | |||
| Urban Wealth Private Limitedthis company | ₹1.15 Cr (FY 2023) | -₹3.33 Lakh | -2.9% | 291.0% | Chandigarh, India | |
| Karyon Foods Private Limited | ₹1.15 Cr (FY 2019) | 6.0% | Bhubaneswar, Odisha, India | |||
| Kalven Estates Private Limited | ₹1.14 Cr (FY 2022) | 548.0% | Hyderabad, Telangana, India | |||
| MPRV India Private Limited | ₹1.14 Cr (FY 2024) | 855.0% | Indore, Madhya Pradesh, India | |||
| Tov Hospitality Private Limited | ₹1.14 Cr (FY 2025) | -1.0% | Kolkata, West Bengal, India | |||
| Soul Square Private Limited | ₹1.14 Cr (FY 2024) | 13.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Urban Wealth Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Urban 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 Urban 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 Urban Wealth Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Urban Wealth Private Limited has 5 board changes on record since 2021: 5 appointments. The latest: Manmeet Singh Virk was appointed as Additional Director on 26 Sep 2022.
Frequently asked questions
Urban Wealth is an active private limited company based in Chandigarh, India. The company works in bars and canteens, within the hospitality and wellness industry. It was incorporated on 21 May 2021 (5+ years old) and is registered under CIN U55209CH2021PTC043680.
Urban Wealth has 5 current directors:
- Gurtej Singh - Director
- Nirmal Kaur - Director
- Kanwar Varinder Singh - Director
- Arvinder Kaur - Director
- Manmeet Singh Virk - Additional Director
The latest financial statements of Urban Wealth on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Urban Wealth is U55209CH2021PTC043680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Urban Wealth was incorporated on 21 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Urban Wealth by revenue are Twisted Toppings Hospitality Private Limited, One One Three Roasty Private Limited, Bacchus V Omotenashi Hospitality Private Limited, Kokoco Innovative Beverages Private Limited, Prem Caterers Private Limited and 5 more, all in the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Manmeet Singh Virk was appointed as Additional Director on 26 Sep 2022. Arvinder Kaur was appointed as Director on 10 Jul 2021. Gurtej Singh was appointed as Director on 21 May 2021. Urban Wealth has 5 board changes on record in total.
The registered office of Urban Wealth is at Flat No. 638 Sarvhitkari Society Sector 48 A, Chandigarh, India – 160047.
Urban Wealth operates in the hospitality and wellness industry, in the bars and canteens segment.
Urban Wealth can be reached at its registered office: Flat No. 638 Sarvhitkari Society Sector 48 A, Chandigarh, India – 160047.
Urban Wealth is registered under the jurisdiction of the Registrar of Companies (ROC), Chandigarh.
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