MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0025388
Karma & Wealth Private Limited
Karma & Wealth Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.61 Lakh
▼ 10% YoY
Net loss · FY 2025
₹1.06 Lakh
Net margin -5.1%
EBITDA · FY 2025
-₹1.03 Lakh
EBITDA margin -5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹45 Lakh
Issued & subscribed
Company age
33 yrs
Est. 1993
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Karma & Wealth Private Limited
Data last updated:
Karma & Wealth Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 07 January 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1993PTC070360.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors including Meenakshi Nagesh Shetty and Nagesh Ponkara Shetty.
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 503 Manu Chs Ltd. Near Seven Bunglows Versova Near 7 Bunglow Garden, Mumbai, Maharashtra, India – 400061.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.61 Lakh, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹1.06 Lakh (net margin -5.1%) and EBITDA of -₹1.03 Lakh (EBITDA margin -5%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 2% over five years.
Karma & Wealth Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0025388). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Karma & Wealth Private Limited
CIN U51900MH1993PTC070360
Registration Number 070360
Incorporation Date 07 January 1993
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-18-0025388
Key People
Meenakshi Nagesh Shetty Director Nagesh Ponkara Shetty Director Mayur Nagesh Shetty Director Recognitions & Rankings of Karma & Wealth
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address503 Manu Chs Ltd. Near Seven Bunglows Versova Near 7 Bunglow Garden, Mumbai, Maharashtra, India – 400061
- IndustryFinancial Services, Brokerage & Trading Services
Comprehensive company report
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Financials of Karma & Wealth Private Limited FY 2025 filings available
Karma & Wealth Private Limited reported revenue of ₹20.61 Lakh (down 10% YoY) for FY 2025.
Revenue · FY 2025
₹20.61 Lakh ▼ 10%
Net loss · FY 2025
₹1.06 Lakh margin -5.1%
EBITDA · FY 2025
-₹1.03 Lakh margin -5%
Compounded Annual Growth Rate (CAGR) of Karma & Wealth Private Limited
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 10%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 137%
3 years · compounded
▼ 67%
5 years · compounded
▼ 96%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 10% fall in the latest year. EBITDA fell 137% 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 of Karma & Wealth Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.06 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Karma & Wealth Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Karma & Wealth are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Karma & Wealth Private Limited
Karma & Wealth has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meenakshi Nagesh Shetty Also directs: Saburi Investments Private Limited | Director | 07 Jan 1993 | 33 Years 9 Months | Current |
| Nagesh Ponkara Shetty Also directs: Blue Park Hotel Private Limited | Director | 06 Sep 2016 | 10 Years 1 Months | Current |
| Mayur Nagesh Shetty Also directs: Ballet Hospitality LLP | Director | 30 Nov 2013 | 12 Years 10 Months | Current |
Peer Comparison of Karma & Wealth Private Limited
Karma & Wealth Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| C Gheewala Financial and Consultants Pvt Ltd | ₹20.84 Lakh (FY 2025) | •••• | •••• | 406.0% | •••• | Dumas, Gujarat, India |
| Blackfox Advisors Private Limited | ₹20.72 Lakh (FY 2025) | •••• | •••• | -72.0% | •••• | New Delhi, Delhi, India |
| Seema Securities Private Limited | ₹20.65 Lakh (FY 2025) | •••• | •••• | -14.0% | •••• | Agra, Uttar Pradesh, India |
| Sataywan Vanijya Private Limited | ₹20.64 Lakh (FY 2022) | •••• | •••• | -43.0% | •••• | Kolkata, West Bengal, India |
| Trusha Insurance Broking Services Limited | ₹20.62 Lakh (FY 2025) | •••• | •••• | 38.0% | •••• | Ahmedabad, Gujarat, India |
| Karma & Wealth Private Limited this company | ₹20.61 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Navi Securities Private Limited | ₹20.6 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Bangalore, Karnataka, India |
| Silver Quest (India) Private Limited | ₹20.59 Lakh (FY 2016) | •••• | •••• | -69.0% | •••• | Mumbai, Maharashtra, India |
| Sri Sairam Global Securities Limited. | ₹20.56 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Bangalore, Karnataka, India |
| Equimart Broking Services (OPC) Private Limited | ₹20.54 Lakh (FY 2017) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Dotname Online Private Limited | ₹20.51 Lakh (FY 2022) | •••• | •••• | 36.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Karma & Wealth by revenue in the BFSI industry (Broking Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Karma & Wealth Private Limited
Karma & Wealth Private Limited is audited by Varsha Sanghai & Co. for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Varsha Sanghai & Co. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
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Verified entity values are shown only after access is granted.
Ownership and Shareholding of Karma & Wealth Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Karma & Wealth Private Limited
Karma & Wealth Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Karma & Wealth Private Limited
Employment history and EPFO contributions of people linked to Karma & Wealth.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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- ECR filing status
- Establishment history
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Recent Activity on Karma & Wealth Private Limited
Karma & Wealth Private Limited has 4 board changes on record since 1993: 3 appointments and 1 cessation. The latest: Nagesh Ponkara Shetty was appointed as Director on 06 Sep 2016.
AGM
Karma & Wealth Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Karma & Wealth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Nagesh Ponkara Shetty was appointed as Director.
Appointed
Mayur Nagesh Shetty was appointed as Director.
Ceased
Nagesh Ponkara Shetty ceased to be Director.
Appointed
Meenakshi Nagesh Shetty was appointed as Director.
Incorporation
07 Jan 1993
Karma & Wealth Private Limited was registered on 07 Jan 1993 with Roc Mumbai & aged 33 years 9 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Karma & Wealth Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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- Director-linked violations
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MSME Payment Delays by Karma & Wealth Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Karma & Wealth Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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GST Compliance of Karma & Wealth Private Limited
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Karma & Wealth Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Karma & Wealth Private Limited
Karma & Wealth is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 07 January 1993 (33+ years old) and is registered under CIN U51900MH1993PTC070360.
Karma & Wealth reported revenue of ₹20.61 Lakh for FY 2025 (down 10% YoY).
Karma & Wealth has 3 current directors:
- Meenakshi Nagesh Shetty - Director
- Nagesh Ponkara Shetty - Director
- Mayur Nagesh Shetty - Director
Karma & Wealth reported a net loss of ₹1.06 Lakh (net margin -5.1%) and EBITDA of -₹1.03 Lakh (EBITDA margin -5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Karma & Wealth is -10% over three years and -2% over five years. In the latest year (FY 2025) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Karma & Wealth is U51900MH1993PTC070360. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karma & Wealth was incorporated on 07 January 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Karma & Wealth by revenue are C Gheewala Financial and Consultants Pvt Ltd, Blackfox Advisors Private Limited, Seema Securities Private Limited, Sataywan Vanijya Private Limited, Trusha Insurance Broking Services Limited and 5 more, all in the BFSI industry (Broking Services).
Nagesh Ponkara Shetty was appointed as Director on 06 Sep 2016. Mayur Nagesh Shetty was appointed as Director on 30 Nov 2013. Nagesh Ponkara Shetty ceased to be Director on 30 Nov 2013. Karma & Wealth has 4 board changes on record in total.
Yes, Karma & Wealth is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0025388).
The registered office of Karma & Wealth is at 503 Manu Chs Ltd. Near Seven Bunglows Versova Near 7 Bunglow Garden, Mumbai, Maharashtra, India – 400061.