
About Wealthtrain (OPC) Private Limited
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Wealthtrain (OPC) Private Limited is a one person company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the k-12 and higher education institutions segment of the education sector. It was incorporated on 18 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2020OPC114751. Its GSTIN is 24AACCW6866F1Z4 (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Hiral Kansara and Kamleshbhai Ishvarbhai Mekvan.
Its latest financial statements are for the year ended 31 March 2023. The registered office is at Vadodara, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.89 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹81.62 Lakh (net margin -28.3%) and EBITDA of -₹78.63 Lakh (EBITDA margin -27.2%).
The company has about 3 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Wealthtrain (OPC) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0060965). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wealthtrain.co.in.
Company details
Recognitions & Rankings of Wealthtrain
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0060965
Contact details
Wealthtrain (OPC) Private Limited's registered office is in Vadodara, Gujarat. Its website is wealthtrain.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address332 Vihav Excelus, Vasna Bhayali Road, Vadodara, Gujarat, India – 391410
- IndustryEducation, K-12 & Higher Education Institutions
To see the full contact details of Wealthtrain (OPC) 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
Business activity
The main business activities of Wealthtrain are education and trade. In detail, this covers higher education, technical & vocational education and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| P | Education | P2 | Higher education, technical & vocational education | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Wealthtrain (OPC) Private Limited, buy the company report.
Financials of Wealthtrain (OPC) Private Limited
FY 2023 filings availableWealthtrain (OPC) Private Limited reported revenue of ₹2.89 Cr (up 11557% YoY) for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹2.89 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹78.63 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹81.62 Lakh | ||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -27.2% | ||
| Net Profit Margin | -28.3% | ||
| 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 | |||
To see the full financial statements and ratios of Wealthtrain (OPC) Private Limited, buy the company report.
Board of directors of Wealthtrain (OPC) Private Limited
Wealthtrain has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiral Kansara Also directs: Leopard Race Services LLP, Bidapp Trade (OPC) Private Limited, Wealthtrain Infotech Private Limited and 1 more | Director | 18 Jul 2020 | 6 Years 3 Months | Current |
| Kamleshbhai Ishvarbhai Mekvan | Director | 04 Mar 2024 | 2 Years 8 Months | Current |
Auditor
Wealthtrain (OPC) Private Limited is audited by S C R & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S C R & CO. | FY 2023 | 190565 |
Shareholding
The shareholding of Wealthtrain (OPC) Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public |
To see the full shareholding pattern of Wealthtrain (OPC) Private Limited, buy the company report.
Legal cases
Wealthtrain (OPC) Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Wealthtrain (OPC) 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 Wealthtrain (OPC) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wealthtrain has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCW6866F1Z4 | Gujarat | Active | 28 Jul 2020 |
To see the full GST registrations and return filing status of Wealthtrain (OPC) Private Limited, buy the company report.
Recent activity
Wealthtrain (OPC) Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Kamleshbhai Ishvarbhai Mekvan was appointed as Director on 04 Mar 2024.
Frequently asked questions
Wealthtrain is an active company based in Vadodara, Gujarat, India. The company works in k-12 and higher education institutions, within the education industry. It was incorporated on 18 July 2020 (6+ years old) and is registered under CIN U74999GJ2020OPC114751.
Wealthtrain has 2 current directors:
- Hiral Kansara - Director
- Kamleshbhai Ishvarbhai Mekvan - Director
The latest financial statements of Wealthtrain on record with the MCA are for the year ended 31 March 2023. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Wealthtrain is 24AACCW6866F1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Wealthtrain is U74999GJ2020OPC114751. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wealthtrain has 1 court case on record: 1 filed against it. 1 is pending.
Wealthtrain was incorporated on 18 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kamleshbhai Ishvarbhai Mekvan was appointed as Director on 04 Mar 2024. Soham Upendra Mankad ceased to be Director on 22 Feb 2024. Soham Upendra Mankad was appointed as Director on 18 Nov 2021. Wealthtrain has 4 board changes on record in total.
Yes, Wealthtrain is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Wealthtrain is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0060965).

