MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0034251
Richvik Wealth Private Limited - financial services in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹27.81 Lakh
▲ 43% YoY
Net loss · FY 2025
₹10.78 Lakh
Net margin -38.8%
EBITDA · FY 2025
-₹10.03 Lakh
EBITDA margin -36.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
4
As per MCA filings
GST registrations
1
None active
About Richvik Wealth Private Limited
Data last updated:
Richvik Wealth Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the financial product distributors segment of the financial services sector. It was incorporated on 03 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2016PTC273821. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Richvik Wealth Advisory Private Limited and Richvik Real Estate Advisory Private Limited. It is led by directors including Carlous Cyril Fernandes (Whole-Time Director) and Marilyn Carlos Fernandes (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Lokpuram C – II – A – 303 Pokh – II, Thane, Maharashtra, India – 400607.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.81 Lakh, a growth of 43% compared to the previous year. For the same year it recorded a net loss of ₹10.78 Lakh (net margin -38.8%) and EBITDA of -₹10.03 Lakh (EBITDA margin -36.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 33% over five years.
The company is associated with 1 brand: RichVik.
Richvik Wealth Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0034251). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website richvikwealth.in.
Company details
CIN U70100MH2016PTC273821
Registration Number 273821
Incorporation Date 03 March 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0034251
Name history
Richvik Wealth has undergone 2 name changes throughout its history. The company was previously known as Richvik Wealth Advisory Private Limited, and Richvik Real Estate Advisory Private Limited. The current legal name is Richvik Wealth Private Limited.
| Company Name | Status |
|---|---|
| Richvik Wealth Private Limited | Current |
| Richvik Wealth Advisory Private Limited | Previous |
| Richvik Real Estate Advisory Private Limited | Previous |
Key People
Carlous Cyril Fernandes Whole-Time Director Marilyn Carlos Fernandes Whole-Time Director Madhuri Rajkumar Nandwani Whole-Time Director Recognitions & Rankings of Richvik Wealth
Contact details
Richvik Wealth Private Limited's registered office is in Thane, Maharashtra. Its website is richvikwealth.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressLokpuram C – II – A – 303 Pokh – II, Thane, Maharashtra, India – 400607
- IndustryFinancial Services, Financial Product Distributors
To see the full contact details of Richvik Wealth Private Limited, buy the company report.
Comprehensive company report
Richvik Wealth Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Richvik Wealth operates one associated brand: RichVik. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides financial planning, investment products, and portfolio management services. | richvikwealth.in |
Business activity
The main business activity of Richvik Wealth 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 Richvik Wealth Private Limited, buy the company report.
Financials of Richvik Wealth Private Limited
FY 2025 filings availableRichvik Wealth Private Limited reported revenue of ₹27.81 Lakh (up 43% YoY) for FY 2025.
Revenue · FY 2025
₹27.81 Lakh ▲ 43%
Net loss · FY 2025
₹10.78 Lakh margin -38.8%
EBITDA · FY 2025
-₹10.03 Lakh margin -36.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 17%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 12%
5 years · compounded
▲ 5%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 43% growth in the latest year. EBITDA rose 37% 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 | -₹10.03 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹10.78 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -36.1% | ||||
| Net Profit Margin | -38.8% | ||||
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To see the full financial statements and ratios of Richvik Wealth Private Limited, buy the company report.
Board of directors of Richvik Wealth Private Limited
Richvik Wealth has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Carlous Cyril Fernandes | Whole-Time Director | 01 Sep 2021 | 5 Years 1 Months | Current |
| Marilyn Carlos Fernandes | Whole-Time Director | 01 Sep 2021 | 5 Years 1 Months | Current |
| Madhuri Rajkumar Nandwani Also directs: Fintax Buildcom Advisory Private Limited, Advantage Investment Advisors Private Limited, Aprify Advisory Private Limited and 1 more | Whole-Time Director | 01 Sep 2021 | 5 Years 1 Months | Current |
| Radhika Vijay Ambekar Also directs: Aprify Advisory Private Limited | Whole-Time Director | 01 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Richvik Wealth Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Financial Instrument Distributors), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Canny Finserve Private Limited | ₹28.76 Lakh (FY 2025) | -2.0% | Hyderabad, Telangana, India | |||
| Growease Finvest Private Limited | ₹28.61 Lakh (FY 2025) | -26.0% | Chandigarh, India | |||
| Richvik Wealth Private Limitedthis company | ₹27.81 Lakh (FY 2025) | -₹10.78 Lakh | -38.8% | 43.0% | Thane, Maharashtra, India | |
| Wealth Munshi Imf Private Limited | ₹25.77 Lakh (FY 2025) | 100.0% | New Delhi, Delhi, India | |||
| Silverline WM Private Limited | ₹25.19 Lakh (FY 2025) | 42.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Richvik Wealth Private Limited, buy the company report.
Auditor
Richvik Wealth Private Limited is audited by V R Sabnis & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V R Sabnis & Associates | FY 2023 | 135589 |
Shareholding
The shareholding of Richvik Wealth 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 Richvik Wealth Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Richvik Wealth 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 Richvik Wealth Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Richvik Wealth has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Richvik Wealth Private Limited, buy the company report.
Recent activity
Richvik Wealth Private Limited has 8 board changes on record since 2018: 4 appointments and 4 cessations. The latest: Onkar Deepak Korde ceased to be Director on 30 Nov 2021.
AGM
Richvik Wealth Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Richvik Wealth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Onkar Deepak Korde ceased to be Director.
Ceased
Vikram Ravindra Sabnis ceased to be Director.
Appointed
Carlous Cyril Fernandes was appointed as Whole-Time Director.
Appointed
Madhuri Rajkumar Nandwani was appointed as Whole-Time Director.
Appointed
Marilyn Carlos Fernandes was appointed as Whole-Time Director.
Appointed
Radhika Vijay Ambekar was appointed as Whole-Time Director.
Ceased
Richa Rajan Khandekar ceased to be Director.
Ceased
Praveen Jeevanlal Laungani ceased to be Director.
Incorporation
03 Mar 2016
Richvik Wealth Private Limited was registered on 03 Mar 2016 with Roc Mumbai & aged 10 years 7 months as per MCA records.
Frequently asked questions
Richvik Wealth is an active private limited company based in Thane, Maharashtra, India. The company works in financial product distributors, within the financial services industry. It was incorporated on 03 March 2016 (10+ years old) and is registered under CIN U70100MH2016PTC273821.
Richvik Wealth has 4 current directors:
- Carlous Cyril Fernandes - Whole-Time Director
- Marilyn Carlos Fernandes - Whole-Time Director
- Madhuri Rajkumar Nandwani - Whole-Time Director
- Radhika Vijay Ambekar - Whole-Time Director
The latest financial statements of Richvik Wealth on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
No. Richvik Wealth has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Richvik Wealth is U70100MH2016PTC273821. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Richvik Wealth was incorporated on 03 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Richvik Wealth by revenue are Canny Finserve Private Limited, Growease Finvest Private Limited, Wealth Munshi Imf Private Limited, Silverline WM Private Limited, all in the BFSI industry (Financial Instrument Distributors), with the same principal business activity (financial advisory, brokerage and consultancy services).
Onkar Deepak Korde ceased to be Director on 30 Nov 2021. Vikram Ravindra Sabnis ceased to be Director on 02 Sep 2021. Carlous Cyril Fernandes was appointed as Whole-Time Director on 01 Sep 2021. Richvik Wealth has 8 board changes on record in total.
Yes, Richvik Wealth is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0034251).
Richvik Wealth can be reached through the website richvikwealth.in. Its registered office is in Thane, Maharashtra, India.
The registered office of Richvik Wealth is at Lokpuram C – II – A – 303 Pokh – II, Thane, Maharashtra, India – 400607.