About Wealth First Advisors Private Limited
Data last updated:
Wealth First Advisors Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 01 June 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2001PTC039620. Its GSTIN is 27AAACW4022H1ZK (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹41.04 Lakh. It is led by directors Rakesh Pravinchandra Mehta and Nimesh Kenia Narendra.
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 Capitol House 10 Paras – II Near Campus Cornor Prahaladnagar Anand Nagar Road, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2026, the company reported a revenue of ₹18.17 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹6.04 Cr (net margin 33.2%) and EBITDA of ₹8.01 Cr (EBITDA margin 44.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 19% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Wealth First Advisors and Wealth First. The company has 1 deal on record (1 acquisition); the latest was in June 2026. Its 10 peer companies in the Outsourcing industry (Consulting Services) are compared by revenue, 5 larger and 5 smaller; the largest is Kloah Retail Private Limited with revenue of ₹17.07 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2024, listing 15 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wealth-first.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressCapitol House 10 Paras – II Near Campus Cornor Prahaladnagar Anand Nagar Road, Ahmedabad, Gujarat, India – 380051
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
- One PDF report, delivered after checkout
Associated Brands with Wealth First Advisors Private Limited
Wealth First Advisors operates two associated brands: Wealth First Advisors and Wealth First. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information available | wealthfirstadvisors.in | |
| Wealth management and advisory services for high net worth individuals, families, and corporates in India. | wealth-first.com |
Business Activity of Wealth First Advisors Private Limited
The main business activity of Wealth First Advisors is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Wealth First Advisors Private Limited FY 2025 filings available
Wealth First Advisors Private Limited reported revenue of ₹18.17 Cr (up 7% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR) of Wealth First Advisors Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 7% growth in the latest year. EBITDA rose 143% 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 of Wealth First Advisors Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| 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 | ₹8.01 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.04 Cr | •••• | •••• | •••• | •••• |
| 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 of Wealth First Advisors Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 33.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Wealth First Advisors are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Wealth First Advisors Private Limited
Wealth First Advisors has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Pravinchandra Mehta Also directs: Farm Biosys LLP | Director | 18 Jun 2011 | 15 Years 4 Months | Current |
| Nimesh Kenia Narendra Also directs: NRK & Sons LLP, Avenues Corporate Advisors Private Limited | Director | 15 Jun 2018 | 8 Years 4 Months | Current |
Peer Comparison of Wealth First Advisors Private Limited
Wealth First Advisors Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wealth First Advisors Private Limited this company | ₹18.17 Cr (FY 2026) | •••• | •••• | 7.0% | •••• | Ahmedabad, Gujarat, India |
| Kloah Retail Private Limited | ₹17.07 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Delhi, India |
| Brigs Espro Services Private Limited | ₹17.03 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Anekal, Karnataka, India |
| Loyalytics Consulting LLP | ₹17.03 Cr (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Bienance Information Technology Private Limited | ₹17.02 Cr (FY 2020) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| NRDC India Private Limited | ₹16.99 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | New Delhi, Delhi, India |
| Green Pinnacle Investment Private Limited | ₹16.99 Cr (FY 2025) | •••• | •••• | 896.0% | •••• | Noida, Uttar Pradesh, India |
| Vizva Consultancy Services Private Limited | ₹16.97 Cr (FY 2025) | •••• | •••• | 109.0% | •••• | Ahmedabad, Gujarat, India |
| Dibd Omii Consulting Private Limited | ₹16.91 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Citigate Dewe Rogerson Communications Private Limited | ₹16.89 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Aggar Security Services (India) Private Limited | ₹16.85 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Patna, Bihar, India |
Peers are the five companies nearest above and the five nearest below Wealth First Advisors by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Wealth First Advisors Private Limited
Wealth First Advisors Private Limited is audited by C. J. Shah & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C. J. Shah & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Wealth First Advisors Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Wealth First Advisors Private Limited
Wealth First Advisors Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Wealth First Advisors Private Limited
Wealth First Advisors Private Limited has 1 deal on record (1 acquisition); the latest was in June 2026.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2026 | Acquisition | ₹104.2 Cr | Buyer: Wealth First Portfolio Managers Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Wealth First Advisors Private Limited
Wealth First Advisors Private Limited has 7 MSME Form 1 returns on record between 2019 and 2024, listing 15 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Inmac Computers Limited | •••• | •••• | •••• |
| Ecs Biztech Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Wealth First Advisors Private Limited
Wealth First Advisors Private Limited has a workforce of 21 employees as of Jan 14, 2026.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Wealth First Advisors Private Limited
Wealth First Advisors has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
Recent Activity on Wealth First Advisors Private Limited
Wealth First Advisors Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Premal Vinod Mehta ceased to be Director on 03 Feb 2025.
Credit Ratings, Litigation & Regulatory Alerts for Wealth First Advisors Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Wealth First Advisors Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Wealth First Advisors Private Limited
Wealth First Advisors has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW4022H1ZK | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Wealth First Advisors Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Wealth First Advisors Private Limited
Wealth First Advisors is an active private limited company based in Ahmedabad, Gujarat, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 01 June 2001 (25+ years old) and is registered under CIN U74140GJ2001PTC039620.
Wealth First Advisors reported revenue of ₹18.17 Cr for FY 2026 (up 7% YoY).
Wealth First Advisors has 2 current directors:
- Rakesh Pravinchandra Mehta - Director
- Nimesh Kenia Narendra - Director
Wealth First Advisors reported a net profit of ₹6.04 Cr (net margin 33.2%) and EBITDA of ₹8.01 Cr (EBITDA margin 44.1%) for FY 2026, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wealth First Advisors is 22% over three years and 19% over five years. In the latest year (FY 2026) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Wealth First Advisors is 27AAACW4022H1ZK, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Wealth First Advisors is U74140GJ2001PTC039620. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wealth First Advisors was incorporated on 01 June 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Wealth First Advisors has 1 deal on record (1 acquisition); the latest was in June 2026.
The peers of Wealth First Advisors by revenue are Kloah Retail Private Limited, Brigs Espro Services Private Limited, Loyalytics Consulting LLP, Bienance Information Technology Private Limited, NRDC India Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Premal Vinod Mehta ceased to be Director on 03 Feb 2025. Nimesh Kenia Narendra ceased to be Additional Director on 29 Sep 2018. Nimesh Kenia Narendra was appointed as Director on 15 Jun 2018. Wealth First Advisors has 5 board changes on record in total.
Wealth First Advisors has 7 MSME Form 1 returns on record between 2019 and 2024, listing 15 overdue payments to 3 micro and small suppliers. The latest return was filed on 30 Apr 2024.