About Wealthdirect Mutual Fund Distributor Private Limited
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Wealthdirect Mutual Fund Distributor Private Limited is a private limited company based in Delhi, India. It operates in the portfolio management services segment of the financial services sector. It was incorporated on 22 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2011PTC227733. Its GSTIN is 09AABCW1742R1ZR (Uttar Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Wealthdirect Portfolio Private Limited. It is led by directors including Shekhar and Shashank Rai.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at G – 143 Dsidc Bawana Industrial Area Sec – 5, Delhi, India – 110039.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.92 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹21.9 Lakh (net margin 7.5%) and EBITDA of ₹39.92 Lakh (EBITDA margin 13.7%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 25% over five years.
The company is associated with 1 brand: Wealth Direct. As per MCA filings, the company has open charges of ₹4 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wealthdirect.in.
Company details
Contact details
Wealthdirect Mutual Fund Distributor Private Limited's registered office is in Delhi, Delhi. Its website is wealthdirect.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressG – 143 Dsidc Bawana Industrial Area Sec – 5, Delhi, India – 110039
- IndustryFinancial Services, Portfolio Management Services
To see the full contact details of Wealthdirect Mutual Fund Distributor 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
Wealthdirect Mutual Fund Distributor operates one associated brand: Wealth Direct. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers wealth management services, including portfolio advisory and planning. | wealthdirect.in |
Business activity
The main business activity of Wealthdirect Mutual Fund Distributor is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Wealthdirect Mutual Fund Distributor Private Limited, buy the company report.
Financials of Wealthdirect Mutual Fund Distributor Private Limited
FY 2024 filings availableWealthdirect Mutual Fund Distributor Private Limited reported revenue of ₹2.92 Cr (up 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 34% growth in the latest year. EBITDA rose 57% 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 | ₹39.92 Lakh | ||||
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| Net Profit (PAT) | ₹21.9 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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| EBITDA Margin | 13.7% | ||||
| Net Profit Margin | 7.5% | ||||
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To see the full financial statements and ratios of Wealthdirect Mutual Fund Distributor Private Limited, buy the company report.
Board of directors of Wealthdirect Mutual Fund Distributor Private Limited
Wealthdirect Mutual Fund Distributor has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shekhar | Director | 22 Nov 2011 | 14 Years 11 Months | Current |
| Shashank Rai Also directs: RKSK Farmer Producer Company Limited | Director | 12 Jan 2024 | 2 Years 9 Months | Current |
| Vipin Bhutani | Director | 22 Nov 2011 | 14 Years 11 Months | Current |
Peer comparison
Wealthdirect Mutual Fund Distributor Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Portfolio Managers), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Payal Edge Investments Private Limited | ₹3.13 Cr (FY 2025) | 609.0% | Pune, Maharashtra, India | |||
| Tropex Suppliers Pvt Ltd | ₹3.1 Cr (FY 2025) | 94.0% | Kolkata, West Bengal, India | |||
| Pradeep Sankar Enterprises Private Limited | ₹3.09 Cr (FY 2025) | -4.0% | Tamil Nadu, India | |||
| Wealthdirect Mutual Fund Distributor Private Limitedthis company | ₹2.92 Cr (FY 2024) | ₹21.9 Lakh | 7.5% | 34.0% | Delhi, India | |
| Guardian Asset Management Private Limited | ₹2.89 Cr (FY 2025) | 251.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Wealthdirect Mutual Fund Distributor Private Limited, buy the company report.
Auditor
Wealthdirect Mutual Fund Distributor Private Limited is audited by AGARWAL NIKHIL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL NIKHIL & CO. | FY 2023 | 401927 |
Shareholding
The shareholding of Wealthdirect Mutual Fund Distributor 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 Wealthdirect Mutual Fund Distributor Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2024 | 100868010 | Hdfc Bank Limited | ₹4 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Wealthdirect Mutual Fund Distributor 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 Wealthdirect Mutual Fund Distributor Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wealthdirect Mutual Fund Distributor has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCW1742R1ZR | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wealthdirect Mutual Fund Distributor Private Limited, buy the company report.
Recent activity
Wealthdirect Mutual Fund Distributor Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Shashank Rai was appointed as Director on 12 Jan 2024.
Frequently asked questions
Wealthdirect Mutual Fund Distributor is an active private limited company based in Delhi, India. The company works in portfolio management services, within the financial services industry. It was incorporated on 22 November 2011 (15+ years old) and is registered under CIN U74140DL2011PTC227733.
Wealthdirect Mutual Fund Distributor has 3 current directors:
- Shekhar - Director
- Shashank Rai - Director
- Vipin Bhutani - Director
The latest financial statements of Wealthdirect Mutual Fund Distributor on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Wealthdirect Mutual Fund Distributor is 09AABCW1742R1ZR, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Wealthdirect Mutual Fund Distributor is U74140DL2011PTC227733. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wealthdirect Mutual Fund Distributor was incorporated on 22 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Wealthdirect Mutual Fund Distributor by revenue are Payal Edge Investments Private Limited, Tropex Suppliers Pvt Ltd, Pradeep Sankar Enterprises Private Limited, Guardian Asset Management Private Limited, all in the BFSI industry (Portfolio Managers), with the same principal business activity (other financial activities).
Shashank Rai was appointed as Director on 12 Jan 2024. Shekhar was appointed as Director on 22 Nov 2011. Vipin Bhutani was appointed as Director on 22 Nov 2011.
Wealthdirect Mutual Fund Distributor can be reached through the website wealthdirect.in. Its registered office is in Delhi, India.
The registered office of Wealthdirect Mutual Fund Distributor is at G – 143 Dsidc Bawana Industrial Area Sec – 5, Delhi, India – 110039.
Wealthdirect Mutual Fund Distributor operates in the financial services industry, in the portfolio management services segment.