
Bhaga Wealth Private Limited
About Bhaga Wealth Private Limited
Data last updated:
Bhaga Wealth Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 14 January 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2022PTC374926.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shantaram Madhav Bhandarkar and Prathamesh Shantaram Bhandarkar.
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 Apts No 4 Lentin Chambers 4th Flr Dalal Street Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.4 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹19.59 Lakh (net margin 14%) and EBITDA of ₹27.01 Lakh (EBITDA margin 19.3%).
Bhaga Wealth Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0135016).
Company details
Recognitions & Rankings of Bhaga Wealth
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-19-0135016
Contact details
Bhaga Wealth Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressApts No 4 Lentin Chambers 4th Flr Dalal Street Fort, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
- 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 Bhaga Wealth is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Bhaga Wealth Private Limited, buy the company report.
Financials of Bhaga Wealth Private Limited
FY 2025 filings availableBhaga Wealth Private Limited reported revenue of ₹1.4 Cr (up 188% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 188% in the latest year. EBITDA rose 400% in the latest 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 |
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| EBITDA | ₹27.01 Lakh | |||
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| Net Profit (PAT) | ₹19.59 Lakh | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA Margin | 19.3% | |||
| Net Profit Margin | 14% | |||
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To see the full financial statements and ratios of Bhaga Wealth Private Limited, buy the company report.
Board of directors of Bhaga Wealth Private Limited
Bhaga Wealth has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shantaram Madhav Bhandarkar | Director | 14 Jan 2022 | 4 Years 9 Months | Current |
| Prathamesh Shantaram Bhandarkar | Director | 14 Jan 2022 | 4 Years 9 Months | Current |
Peer comparison
Bhaga Wealth Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial service activities, except insurance and pension funding), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NKP Fincom Pvt Ltd | ₹1.41 Cr (FY 2025) | -8.0% | New Delhi, Delhi, India | |||
| Jain Foot Comforts Private Limited | ₹1.41 Cr (FY 2025) | -33.0% | New Delhi, Delhi, India | |||
| Ushika Merchants Pvt Ltd | ₹1.41 Cr (FY 2025) | 25.0% | Mumbai, Maharashtra, India | |||
| Kapital Kraft Financial Services Limited | ₹1.41 Cr (FY 2025) | -30.0% | New Delhi, Delhi, India | |||
| Modern Credit Private Limited | ₹1.4 Cr (FY 2025) | -20.0% | Delhi, India | |||
| Bhaga Wealth Private Limitedthis company | ₹1.4 Cr (FY 2025) | ₹19.59 Lakh | 14% | 188.0% | Mumbai, Maharashtra, India | |
| Mfbazaar Wealth Private Limited | ₹1.39 Cr (FY 2025) | 146.0% | New Delhi, Delhi, India | |||
| Irced Financial Services Private Limited | ₹1.39 Cr (FY 2025) | 16.0% | Sangli, Maharashtra, India | |||
| Rsma Advisors Private Limited | ₹1.38 Cr (FY 2025) | -16.0% | Kanpur, Uttar Pradesh, India | |||
| Health Drive Consultancy Private Limited | ₹1.38 Cr (FY 2025) | -6.0% | Kolkata, West Bengal, India | |||
| Voadvisor Technologies Private Limited | ₹1.37 Cr (FY 2025) | 38.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Bhaga Wealth Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bhaga 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 Bhaga Wealth Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Bhaga Wealth Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bhaga Wealth Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Prathamesh Shantaram Bhandarkar was appointed as Director on 14 Jan 2022.
Frequently asked questions
Bhaga Wealth is an active private limited company based in Mumbai, Maharashtra, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 14 January 2022 (4+ years old) and is registered under CIN U67100MH2022PTC374926.
Bhaga Wealth has 2 current directors:
- Shantaram Madhav Bhandarkar - Director
- Prathamesh Shantaram Bhandarkar - Director
The latest financial statements of Bhaga 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 2022 are in the company report.
The CIN (Corporate Identification Number) of Bhaga Wealth is U67100MH2022PTC374926. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhaga Wealth was incorporated on 14 January 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bhaga Wealth by revenue are NKP Fincom Pvt Ltd, Jain Foot Comforts Private Limited, Ushika Merchants Pvt Ltd, Kapital Kraft Financial Services Limited, Modern Credit Private Limited and 5 more, all in the same principal business activity (financial service activities, except insurance and pension funding).
Prathamesh Shantaram Bhandarkar was appointed as Director on 14 Jan 2022. Shantaram Madhav Bhandarkar was appointed as Director on 14 Jan 2022.
Yes, Bhaga Wealth is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Bhaga Wealth is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0135016).
The registered office of Bhaga Wealth is at Apts No 4 Lentin Chambers 4th Flr Dalal Street Fort, Mumbai, Maharashtra, India – 400001.
Bhaga Wealth operates in the financial services industry, in the auxiliary to financial intermediatory segment.

