Wealth Managers (India) Private Limited - Company Profile

It is a financial services private limited company based in Bangalore North, Karnataka, India, established in 2003.

2003 Bangalore North, Karnataka, India Active

Last Updated: December 21, 2025

About Wealth Managers (India) Private Limited

Wealth Managers (India) Private Limited, a active private limited company, was established on 06 January 2003 in Bangalore North, Karnataka, India. Engaging in advisory within the financial and insurance service sector, it holds CIN: U67190KA2003PTC191180. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.20 M and a paid-up capital of ₹1.06 M.

Formerly known as Sajag Wealth Managers Private Limited. It upholds a compliant status. Employing 14 professional, Its leadership includes Atul Vimal Shinghal (Nominee Director), Mandar Vishwas Bagul (Director), Ajit Keshav Khasnis (Director). Past directors included Sanjiv Singhal, Mandar Vishwas Bagul, Ajit Keshav Khasnis. Its latest AGM occurred on 11 September 2025, with the balance sheet filed on 31 March 2025. It is based at Pardhanani Willshire Iii, 5Th Floor, Whitefield Main Road, Bangalore North, Karnataka, 560048.

Company Details

CIN/LLPIN
U67190KA2003PTC191180
Registration Number
191180
Incorporation Date
06 January 2003
Authorized Capital
₹1.20 M
Paid-Up Capital
₹1.06 M
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.20 M as on 21-12-2025
Paid Up Capital ₹ 1.06 M as on 21-12-2025
Company Age 23 Year, 1 Month
Last Filing with ROC 31 Mar 2025

Comprehensive Company Insights

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Who are the key members and board of directors at Wealth Managers (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Atul Vimal Shinghal	Nominee Director	13 Feb 2023	Current
Mandar Vishwas Bagul	Director	28 Sep 2020	Current
Ajit Keshav Khasnis	Director	20 Aug 2025	Current
Bharat Balkrishna Phatak	Director	06 Jan 2003	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	16 Jul 2025	Past
Pramod Abcsdd	Additional Director	28 Sep 2021	Past
Pramod Abcsdd	Director	19 Mar 2025	Past
Pramod Abcsdd	Director	19 Mar 2025	Past
Pramod Abcsdd	Nominee Director	19 Mar 2025	Past

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Financial Performance of Wealth Managers (India).

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

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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What is the Ownership and Shareholding Structure of Wealth Managers (India)?

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Shareholding Pattern (FY 2024)

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 Wealth Managers (India)?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Wealth Managers (India)

Recent Activity within the Organization

Annual General Meeting

Progress on Wealth Managers (India) Private Limited last Annual general meeting of members was held on 11 Sep 2025 as per latest MCA records. was documented.
11 Sep 2025
Director Appointment

Ajit Keshav Khasnis was appointed as a Director was appointed as a Director on 20 Aug 2025 & has been associated with this company since 6 months 12 days . was recorded as a recent event.
20 Aug 2025
Balance Sheet

Progress on Wealth Managers (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.
31 Mar 2025
Director Appointment

The activity Atul Vimal Shinghal was appointed as a Nominee Director was appointed as a Nominee Director on 13 Feb 2023 & has been associated with this company since 3 years 17 days . was completed.
13 Feb 2023
Director Appointment

Progress on Mandar Vishwas Bagul was appointed as a Director was appointed as a Director on 28 Sep 2020 & has been associated with this company since 5 years 5 months . was documented.
28 Sep 2020
Director Appointment

The activity Bharat Balkrishna Phatak was appointed as a Director was appointed as a Director on 06 Jan 2003 & has been associated with this company since 23 years 1 month . was completed.
06 Jan 2003

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