Wealth First Portfolio Managers Ltd
Wealth First Portfolio Managers Ltd (WEALTH)

Wealth First Portfolio Managers Ltd (WEALTH)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return5.13 %
3 Month Return16.78 %
1 Year Return9.51 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 175
Rank 96
Rank 169
Dividend Yield
Rank 75
Rank 43
Price To Book Ratio
Rank 248
Debt To Asset
Rank 303

Company Information

The Company was incorporated as DSFS Securities and Broking Private Limited under the provisions of the Companies Act 1956 vide certificate of incorporation on April 16 2002 in Ahmedabad. Later on the name of the Company was changed to Wealth First Portfolio Managers Private Limited vide a fresh Certificate of Incorporation dated May 14 2003. The Company was converted into a Public Limited Company in pursuance of a Special Resolution passed by the Members of the Company at the Extraordinary General Meeting held on September 18 2015. A fresh Certificate of Incorporation consequent to conversion was issued on September 30 2015 by the Registrar of Companies Gujarat and consequently the name of the Company was changed from Wealth First Portfolio Managers Private Limited to Wealth First Portfolio Managers Limited. The Company is one of top 50 AMFI distributors of Mutual Funds. Headquartered in Ahmedabad Gujarat the Companys operations are spearheaded by Mr. Ashish Shah and managed by a team of 66 financial experts managing clients from all walksoflife in India and globally. The Company is one of the most trusted client centric financial asset management advisors in India. It is an independent Investment Advisory Firm focused only on Investment Management. The Company operates in the business of selling bonds and equity.The Company was the first to strike a Rs 1 Crore Bond deal in the Secondary market to Sell Zero Coupon Bond in Secondary to be a market maker of a MF Scheme Unit 64. The Company was the first distributor to promote the ETFs Benchmark Bees.The Company received licence for providing advisory services to clients by widening its service basket. It received the licence for offering retirement solutions to clients by widening its customer universe. The Company increased the HNI client base including Super and Ultra HNIs by 33. It conducted Investor Awareness Program IAP at 32 locations covering more than 3000 people.The Company became the first IFA in India to list practice on a stock exchange NSE on 30th March 2016. During the year 2018 the Company received the All India CNBC TV 18 Financial Advisor Award West Zone India Award and earned the position of an Appointed Advisor for the esteemed Educational Institutes of India.
OrganisationWealth First Portfolio Managers Ltd