MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0019494
Wealth Space Services Private Limited
Wealth Space Services Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹97.68 Lakh
▲ 65% YoY
Net profit · FY 2024
₹11.52 Lakh
Net margin 11.8%
EBITDA · FY 2024
₹20.35 Lakh
EBITDA margin 20.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Wealth Space Services Private Limited
Data last updated:
Wealth Space Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 02 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65999KA2016PTC096235. Its GSTIN is 29AABCW8716H1ZY (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sumanth Shivaramegowda and Bharat L Rao.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹97.68 Lakh, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹11.52 Lakh (net margin 11.8%) and EBITDA of ₹20.35 Lakh (EBITDA margin 20.8%). Revenue has grown at a compounded annual rate (CAGR) of 94% over three years and 45% over five years.
The company is associated with 1 brand: Wealth Space. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 5 cases are pending.
Wealth Space Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0019494). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U65999KA2016PTC096235
Registration Number 096235
Incorporation Date 02 September 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0019494
Recognitions & Rankings of Wealth Space Services
Contact details
Wealth Space Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 132/A 1st Floor 80 Feet Road Opp Canara Bank, Ashwath Nagar Rmv 2nd Stage, Bangalore, Karnataka, India – 560094
- IndustryFinancial Services, Diversified Financial Services, Portfolio Management Services
To see the full contact details of Wealth Space Services Private Limited, buy the company report.
Comprehensive company report
Wealth Space Services 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Wealth Space Services operates one associated brand: Wealth Space. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers financial planning and advisory services tailored for individuals. | wealthspace.co.in |
Business activity
The main business activity of Wealth Space Services is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Wealth Space Services Private Limited, buy the company report.
Financials of Wealth Space Services Private Limited
FY 2025 filings availableWealth Space Services Private Limited reported revenue of ₹97.68 Lakh (up 65% YoY) for FY 2024.
Revenue · FY 2024
₹97.68 Lakh ▲ 65%
Net profit · FY 2024
₹11.52 Lakh margin 11.8%
EBITDA · FY 2024
₹20.35 Lakh margin 20.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 65%
3 years · compounded
▲ 94%
5 years · compounded
▲ 45%
EBITDA CAGR growth
1 year
▲ 47%
3 years · compounded
▲ 58%
5 years · compounded
▲ 44%
Revenue has grown at a compounded annual rate (CAGR) of 45% over five years, including 65% growth in the latest year. EBITDA rose 47% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹20.35 Lakh | ||||
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| Net Profit (PAT) | ₹11.52 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 20.8% | ||||
| Net Profit Margin | 11.8% | ||||
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To see the full financial statements and ratios of Wealth Space Services Private Limited, buy the company report.
Board of directors of Wealth Space Services Private Limited
Wealth Space Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumanth Shivaramegowda | Director | 02 Sep 2016 | 10 Years 1 Months | Current |
| Bharat L Rao Also directs: Goalaspire LLP, Trio Profarms LLP | Director | 08 Nov 2021 | 4 Years 11 Months | Current |
| Indra Boregowda Also directs: Goalaspire LLP | Director | 02 Sep 2016 | 10 Years 1 Months | Current |
Auditor
Wealth Space Services Private Limited is audited by SATISH HEBBAR AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATISH HEBBAR AND CO. | FY 2023 | 017392S |
Shareholding
The shareholding of Wealth Space Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Wealth Space Services Private Limited, buy the company report.
Legal cases
Wealth Space Services Private Limited has 7 court cases on record: 4 filed by Wealth Space Services, 3 filed against it. 5 cases are pending and 2 are disposed.
Total cases
7
Filed by the company
4
Filed against the company
3
Pending
5
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 2 |
| High courts | 3 | 3 | 3 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Zavetech Business Solutions Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Zavetech Business Solutions Pvt Ltd | Disposed |
| High Court, KARNATAKA | Court case (CRL.P) | Filed against the company by an individual | Pending |
| High Court, KARNATAKA | Court case (CRL.P) | Filed against the company by an individual | Pending |
To see the full case history of Wealth Space Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Wealth Space Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wealth Space Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCW8716H1ZY | Karnataka | Active | 16 Jul 2017 |
To see the full GST registrations and return filing status of Wealth Space Services Private Limited, buy the company report.
Recent activity
Wealth Space Services Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Bharat L Rao ceased to be Additional Director on 30 Nov 2021.
AGM
Wealth Space Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Wealth Space Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Bharat L Rao ceased to be Additional Director.
Appointed
Bharat L Rao was appointed as Director.
Appointed
Indra Boregowda was appointed as Director.
Appointed
Sumanth Shivaramegowda was appointed as Director.
Incorporation
02 Sep 2016
Wealth Space Services Private Limited was registered on 02 Sep 2016 with Roc Bangalore & aged 10 years 1 month as per MCA records.
Frequently asked questions
Wealth Space Services is an active private limited company based in Bangalore, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 02 September 2016 (10+ years old) and is registered under CIN U65999KA2016PTC096235.
Wealth Space Services has 3 current directors:
- Sumanth Shivaramegowda - Director
- Bharat L Rao - Director
- Indra Boregowda - Director
The latest financial statements of Wealth Space Services 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 2017 are in the company report.
The GSTIN of Wealth Space Services is 29AABCW8716H1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Wealth Space Services is U65999KA2016PTC096235. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wealth Space Services has 7 court cases on record: 4 filed by the company and 3 filed against it. 5 are pending. Most are in the district courts.
Wealth Space Services was incorporated on 02 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Bharat L Rao ceased to be Additional Director on 30 Nov 2021. Bharat L Rao was appointed as Director on 08 Nov 2021. Indra Boregowda was appointed as Director on 02 Sep 2016. Wealth Space Services has 4 board changes on record in total.
Yes, Wealth Space Services is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0019494).
The registered office of Wealth Space Services is at No 132A 1st Floor 80 Feet Road Opp Canara Bank, Ashwath Nagar Rmv 2nd Stage, Bangalore, Karnataka, India – 560094.