About Reliance Wealth Management Limited
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Reliance Wealth Management Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Reliance Capital Ltd. It operates in the portfolio management services segment of the financial services sector. It was incorporated on 01 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH2009PLC189285. Its GSTIN is 27AAECR2560H1ZE (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹42.75 Cr. It was formerly known as Reliance Money Limited. It is led by directors including Sushilkumar Agrawal and Shubam Kailash Guptaa.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.68 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹17.34 Lakh (net margin 10.3%) and EBITDA of ₹88.71 Lakh (EBITDA margin 52.9%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 30% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it. The company has 7 deals on record (3 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹15.45 Cr; the latest was in March 2025.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website reliancewealth.in.
Company details
Contact details
Reliance Wealth Management Limited's registered office is in Mumbai, Maharashtra. Its website is reliancewealth.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1501 Lodha Aria Chs No. 6/207, T J Road Sewree, Mumbai, Maharashtra, India – 400015
- IndustryFinancial Services, Portfolio Management Services
To see the full contact details of Reliance Wealth Management 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 activity of Reliance Wealth Management is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Reliance Wealth Management Limited, buy the company report.
Financials of Reliance Wealth Management Limited
FY 2025 filings availableReliance Wealth Management Limited reported revenue of ₹1.68 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 22% fall in the latest year. EBITDA fell 15% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹88.71 Lakh | ||||
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| Net Profit (PAT) | ₹17.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 52.9% | ||||
| Net Profit Margin | 10.3% | ||||
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To see the full financial statements and ratios of Reliance Wealth Management Limited, buy the company report.
Board of directors of Reliance Wealth Management Limited
Reliance Wealth Management has 3 current directors and 36 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushilkumar Agrawal Also directs: Margo Finance Limited, Globesecure Technologies Limited, Dole Shipping Corporation Limited and 5 more | Director | 05 May 2020 | 6 Years 6 Months | Current |
| Shubam Kailash Guptaa Also directs: Reliance Financial Advisory Services Private Limited, Reliance Commodities Limited, Quant Securities Private Limited. and 5 more | Director | 31 Oct 2023 | 3 Years 0 Months | Current |
| Prashant Prakash Bhingarde | Additional Director | 10 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Reliance Wealth Management Limited is audited by M/s. Gupta Rustagi & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s. Gupta Rustagi & Co | FY 2022 | 128701W |
Shareholding
The shareholding of Reliance Wealth Management Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Reliance Wealth Management Limited, buy the company report.
Deals & funding
Reliance Wealth Management Limited has 7 deals on record (3 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹15.45 Cr; the latest was in March 2025.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Cyqurex Technologies Private Limited & Vishin Ghanshamdas Gurnani, Cyqurex Technologies Private Limited & Natarajan Chandrasekaran, Cyqurex Technologies Private Limited & Gopala Krishna Narayana Iyer Seller: Reliance Capital Limited & Atul Tandon, Reliance Capital Limited & Chetan Raval, Reliance Capital Limited & Yogesh Deshpande |
| Feb 2019 | Rights issue | ₹25.25 Cr | Investors: Reliance Capital Ltd |
| Jul 2015 | Rights issue | ₹2 Cr | Investors: Reliance Capital Ltd |
| Nov 2013 | Funding round | ₹4 Cr | Investors: Reliance Capital Ltd |
| Feb 2011 | Funding round | ₹11.45 Cr | Investors: Reliance Capital Ltd |
To see the full deal history of Reliance Wealth Management Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Reliance Wealth Management Limited has 12 court cases on record: 4 filed by Reliance Wealth Management, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 8 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed by the company against Blue Moon Builtech LLP | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by individuals | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by individuals | Disposed |
| District court, Sitapur, Uttar Pradesh | Revision petition | Filed against the company by an individual | Disposed |
To see the full case history of Reliance Wealth Management 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 Reliance Wealth Management Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Reliance Wealth Management Limited has a workforce of 2 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Reliance Wealth Management has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECR2560H1ZE | Maharashtra | Active | 01 Jul 2017 |
| 27AAECR2560H2ZD | Maharashtra | Active | 07 Jul 2017 |
| 07AAECR2560H1ZG | Delhi | Active | 07 Jul 2017 |
| 29AAECR2560H1ZA | Karnataka | Active | 01 Dec 2018 |
To see the full GST registrations and return filing status of Reliance Wealth Management Limited, buy the company report.
Recent activity
Reliance Wealth Management Limited has 31 board changes on record since 2009: 3 appointments and 28 cessations. The latest: Prashant Prakash Bhingarde was appointed as Additional Director on 10 Jan 2026.
22 earlier events are in the company report.
Frequently asked questions
Reliance Wealth Management is an active public limited company based in Mumbai, Maharashtra, India. The company works in portfolio management services, within the financial services industry. It was incorporated on 01 January 2009 (17+ years old) and is registered under CIN U65999MH2009PLC189285.
Reliance Wealth Management has 3 current directors:
- Sushilkumar Agrawal - Director
- Shubam Kailash Guptaa - Director
- Prashant Prakash Bhingarde - Additional Director
The latest financial statements of Reliance Wealth Management on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Reliance Wealth Management is 27AAECR2560H1ZE, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAECR2560H2ZD (Maharashtra), 07AAECR2560H1ZG (Delhi), 29AAECR2560H1ZA (Karnataka).
The CIN (Corporate Identification Number) of Reliance Wealth Management is U65999MH2009PLC189285. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliance Wealth Management has 12 court cases on record: 4 filed by the company and 8 filed against it. Most are in the district courts.
Reliance Wealth Management was incorporated on 01 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Reliance Wealth Management has 7 deals on record (3 secondary share transfers, 2 funding rounds, 2 rights issues), with disclosed funding of ₹15.45 Cr; the latest was in March 2025.
Prashant Prakash Bhingarde was appointed as Additional Director on 10 Jan 2026. Shubam Kailash Guptaa ceased to be Additional Director on 29 Sep 2024. Shubam Kailash Guptaa was appointed as Director on 31 Oct 2023. Reliance Wealth Management has 31 board changes on record in total.
Reliance Wealth Management can be reached through the website reliancewealth.in. Its registered office is in Mumbai, Maharashtra, India.
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