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Newly Established Wealth Management Business Investment Opportunity in Mumbai, India

Mumbai based company providing portfolio management services.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Wealth Management
Locations  Mumbai
Local Time 3:28 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 240 thousand for 20.0% stake (Native Currency: INR 20,000,000)
Reason: PMS Registered with SEBI has to show a networth / Capital adequacy of 2cr (Rs. Two Crore only). Amou... View More
Interested to connect with advisors
Business Overview

- We are discretionary portfolio managers, managing clients money in Indian equity markets.

- We have registered ourselves as LLP and have filed the application for SEBI approval, expecting it to be done before 31st March, 2018.

- Currently we have 3 active clients and our corpus stands at INR 4 Cr.

- Promoters have collectively 15+ years experience.

Products & Services Overview

Portfolio Management services.

Facilities Overview

- Kopar Khairane office (Registered): 700 Sq Ft carpet office.

- Dadar office (Branch): 300 Sq Ft, carpet area office.

- Both the properties are on rent.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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