Recmands Wealth Management Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2012.
2012 Mumbai, Maharashtra, India Active
Last Updated:
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About Recmands Wealth Management Private Limited

Recmands Wealth Management Private Limited, a active private limited company, was established on 02 March 2012 in Mumbai, Maharashtra, India. Engaging in advisory within the financial services sector, it holds CIN: U67190MH2012PTC227574. Registered under ROC Roc Mumbai I. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Niranjan Mafatlal Kansara (Director), Dharmesh Mafatlal Kansara (Director). Past directors included Aarti Jatin Sheth. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 2B/3, 2Nd Floor, Bldg.No.21, Dr. N. N. Shah Marg, Chirabazar, Marine, Lines (E),, Mumbai, Maharashtra, 400002.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U67190MH2012PTC227574

  • Registration Number

    227574

  • Incorporation Date

    02 March 2012

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai I

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 2 Days
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** %
  • Profit Growth **** 97.26%
  • Ebitda **** 98.48%
  • Net Worth -21.60%
  • Total Assets -5.95%
Company report

Recmands Wealth Management Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Recmands Wealth Management Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Recmands Wealth Management Private Limited?
Current Directors
Name Designation Appointment Date Status
Niranjan Mafatlal Kansara Director 02 Mar 2012 Current
Dharmesh Mafatlal Kansara Director 02 Mar 2012 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 05 Mar 2017 Past

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Financial Performance of Recmands Wealth Management.

Recmands Wealth Management Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 97.26% increase in profit. The company's net worth observed a substantial decline by a decrease of 21.6%.

Recmands Wealth Management revenue growth over time
Recmands Wealth Management profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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*******
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -5.95%
*******
*******
*******
*******
Profit or Loss
*******
 97.26%
*******
*******
*******
*******
Net Worth
*******
 -21.60%
*******
*******
*******
*******
EBITDA
*******
 98.48%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Recmands Wealth Management?

In 2017, Recmands Wealth Management had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Recmands Wealth Management?

Unlock and access historical data on people associated with Recmands Wealth Management, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Recmands Wealth Management, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Recmands Wealth Management's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Recmands Wealth Management
Recent Activity within the Organization
  • Annual General Meeting

    The activity Recmands Wealth Management Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Recmands Wealth Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I. was completed.

  • Director Appointment

    Progress on Niranjan Mafatlal Kansara was appointed as a Director was appointed as a Director on 02 Mar 2012 & has been associated with this company since 14 years 2 days . was documented.

  • Director Appointment

    Progress on Dharmesh Mafatlal Kansara was appointed as a Director was appointed as a Director on 02 Mar 2012 & has been associated with this company since 14 years 2 days . was documented.

  • Company Incorporation

    Progress on Recmands Wealth Management Private Limited was registered on 02 Mar 2012 with Roc Mumbai I & aged 14 years 2 days as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Recmands Wealth Management Private Limited?

The CIN of Recmands Wealth Management Private Limited is U67190MH2012PTC227574.

Where is Recmands Wealth Management Private Limited headquartered?

Recmands Wealth Management Private Limited is headquartered at 2B/3, 2Nd Floor, Bldg.No.21, Dr. N. N. Shah Marg, Chirabazar, Marine, Lines (E),, Mumbai, Maharashtra, 400002.

When was Recmands Wealth Management Private Limited incorporated?

Recmands Wealth Management Private Limited was incorporated on 02 March 2012.

Who are the current directors of Recmands Wealth Management Private Limited?

The current directors of Recmands Wealth Management Private Limited are

What is the primary industry of Recmands Wealth Management Private Limited?

The primary industry of Recmands Wealth Management Private Limited is Financial Services.

Is Recmands Wealth Management Private Limited a listed company?

Recmands Wealth Management Private Limited is unlisted.

What is the capital structure of Recmands Wealth Management Private Limited?

The authorized capital of Recmands Wealth Management Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Recmands Wealth Management Private Limited?

The compliance status of Recmands Wealth Management Private Limited is Compliant.

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