About Wealthmax Enterprises Management Private Limited
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Wealthmax Enterprises Management Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the financial product distributors segment of the financial services sector. It was incorporated on 23 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74140TG2004PTC043118. Its GSTIN is 29AAACW5349R1ZF (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹87 Lakh and a paid-up capital of ₹72.75 Lakh. It is led by directors Ravindran Lakshmanan (Managing Director) and Tara Ravindran.
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 4 – 1 – 999 Abids Road, Hyderabad, Telangana, India – 500001.
As per the financials filed for FY 2024, the company reported a revenue of ₹62.44 Lakh, a growth of 104% compared to the previous year. For the same year it recorded a net profit of ₹21.75 Lakh (net margin 34.8%) and EBITDA of ₹28.16 Lakh (EBITDA margin 45.1%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 5% over five years.
The company is associated with 1 brand: Wealthmaxindia. As per MCA filings, the company has open charges of ₹10.8 Lakh and satisfied charges of ₹27.5 Lakh 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 wealthmaxindia.com.
Company details
CIN history
Wealthmax Enterprises Management has one previous CIN (Corporate Identification Number): U74140AP2004PTC043118. The current CIN is U74140TG2004PTC043118, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140TG2004PTC043118 | Current |
| U74140AP2004PTC043118 | Previous |
Contact details
Wealthmax Enterprises Management Private Limited's registered office is in Hyderabad, Telangana. Its website is wealthmaxindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4 – 1 – 999 Abids Road, Hyderabad, Telangana, India – 500001
- IndustryFinancial Services, Financial Product Distributors
To see the full contact details of Wealthmax Enterprises Management 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
Wealthmax Enterprises Management operates one associated brand: Wealthmaxindia. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers financial planning, investment advisory, real estate services, and tailored client solutions. | wealthmaxindia.com |
Business activity
The main business activity of Wealthmax Enterprises Management is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Wealthmax Enterprises Management Private Limited, buy the company report.
Financials of Wealthmax Enterprises Management Private Limited
FY 2024 filings availableWealthmax Enterprises Management Private Limited reported revenue of ₹62.44 Lakh (up 104% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 104% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 441% 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 | ₹28.16 Lakh | ||||
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| Net Profit (PAT) | ₹21.75 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 | 45.1% | ||||
| Net Profit Margin | 34.8% | ||||
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To see the full financial statements and ratios of Wealthmax Enterprises Management Private Limited, buy the company report.
Board of directors of Wealthmax Enterprises Management Private Limited
Wealthmax Enterprises Management 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 |
|---|---|---|---|---|
| Ravindran Lakshmanan Also directs: Ravindran Enterprises LLP | Managing Director | 23 Apr 2004 | 22 Years 6 Months | Current |
| Tara Ravindran Also directs: Ravindran Enterprises LLP | Director | 23 Apr 2004 | 22 Years 6 Months | Current |
Auditor
Wealthmax Enterprises Management Private Limited is audited by MGRK ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MGRK ASSOCIATES | FY 2023 | 007082S |
Shareholding
The shareholding of Wealthmax Enterprises Management 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 Wealthmax Enterprises Management Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Nov 2024 | 101016070 | Hdfc Bank Limited | ₹10.8 Lakh | Open | |
| 27 Mar 2008 | 10098857 | Others | ₹27.5 Lakh | Satisfied |
To see the full charge records of Wealthmax Enterprises Management Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Wealthmax Enterprises Management 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 Wealthmax Enterprises Management Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wealthmax Enterprises Management has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACW5349R1ZF | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wealthmax Enterprises Management Private Limited, buy the company report.
Recent activity
Wealthmax Enterprises Management Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Mohan Murali Mariappan ceased to be Director on 01 Mar 2017.
Frequently asked questions
Wealthmax Enterprises Management is an active private limited company based in Hyderabad, Telangana, India. The company works in financial product distributors, within the financial services industry. It was incorporated on 23 April 2004 (22+ years old) and is registered under CIN U74140TG2004PTC043118.
Wealthmax Enterprises Management has 2 current directors:
- Ravindran Lakshmanan - Managing Director
- Tara Ravindran - Director
The latest financial statements of Wealthmax Enterprises Management 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 Wealthmax Enterprises Management is 29AAACW5349R1ZF, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Wealthmax Enterprises Management is U74140TG2004PTC043118. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wealthmax Enterprises Management was incorporated on 23 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Hyderabad.
Mohan Murali Mariappan ceased to be Director on 01 Mar 2017. Pyare Lal Arya ceased to be Director on 30 Nov 2013. Subramanian Ramachander ceased to be Director on 14 Jun 2008. Wealthmax Enterprises Management has 5 board changes on record in total.
Wealthmax Enterprises Management can be reached through the website wealthmaxindia.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Wealthmax Enterprises Management is at 4 – 1 – 999 Abids Road, Hyderabad, Telangana, India – 500001.
Wealthmax Enterprises Management operates in the financial services industry, in the financial product distributors segment.
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