About Wealth Managers (India) Private Limited
Data last updated:
Wealth Managers (India) Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Scripbox Advisors Private Limited. It operates in the advisory services segment of the financial services sector. It was incorporated on 06 January 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67190KA2003PTC191180. Its GSTIN is 27AAHCS6762M1ZN (Maharashtra).
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹10.59 Lakh. It was formerly known as Sajag Wealth Managers Private Limited. It is led by directors including Mandar Vishwas Bagul and Ajit Keshav Khasnis.
Its last annual general meeting (AGM) was held on 11 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.51 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹3.8 Cr (net margin 36.2%) and EBITDA of ₹4.9 Cr (EBITDA margin 46.6%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 10% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Wealth Managers. The company has 1 deal on record (1 funding round); the latest was in August 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wealthmanagersindia.com.
Company details
CIN history
Wealth Managers (India) has one previous CIN (Corporate Identification Number): U67190PN2003PTC017558. The current CIN is U67190KA2003PTC191180, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67190KA2003PTC191180 | Current |
| U67190PN2003PTC017558 | Previous |
Contact details
Wealth Managers (India) Private Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Registered AddressPardhanani Willshire III, 5th Floor Whitefield Main Road, Bangalore, Karnataka, India – 560048
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
- 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
Brands
Wealth Managers (India) operates one associated brand: Wealth Managers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provide financial services | wealthmanagersindia.com |
Business activity
The main business activity of Wealth Managers (India) 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 Wealth Managers (India) Private Limited, buy the company report.
Financials of Wealth Managers (India) Private Limited
FY 2025 filings availableWealth Managers (India) Private Limited reported revenue of ₹10.51 Cr (up 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 38% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 178% 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 |
|---|---|---|---|---|---|
| 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 | ₹4.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.8 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46.6% | ||||
| Net Profit Margin | 36.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Wealth Managers (India) Private Limited, buy the company report.
Board of directors of Wealth Managers (India) Private Limited
Wealth Managers (India) has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Vimal Shinghal | Nominee Director | 13 Feb 2023 | 3 Years 8 Months | Current |
| Mandar Vishwas Bagul | Director | 28 Sep 2020 | 6 Years 1 Months | Current |
| Ajit Keshav Khasnis | Director | 20 Aug 2025 | 1 Years 2 Months | Current |
| Bharat Balkrishna Phatak Also directs: Sardesai Farms LLP | Director | 06 Jan 2003 | 23 Years 10 Months | Current |
Deals & funding
Wealth Managers (India) Private Limited has 1 deal on record (1 funding round); the latest was in August 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Funding round | Undisclosed | Investors: Scripbox Wealth Managers Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Wealth Managers (India) 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 Wealth Managers (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wealth Managers (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCS6762M1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wealth Managers (India) Private Limited, buy the company report.
Recent activity
Wealth Managers (India) Private Limited has 9 board changes on record since 2003: 4 appointments and 5 cessations. The latest: Ajit Keshav Khasnis was appointed as Director on 20 Aug 2025.
Frequently asked questions
Wealth Managers (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in advisory, within the financial services industry. It was incorporated on 06 January 2003 (23+ years old) and is registered under CIN U67190KA2003PTC191180.
Wealth Managers (India) has 4 current directors:
- Atul Vimal Shinghal - Nominee Director
- Mandar Vishwas Bagul - Director
- Ajit Keshav Khasnis - Director
- Bharat Balkrishna Phatak - Director
The latest financial statements of Wealth Managers (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Wealth Managers (India) is 27AAHCS6762M1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Wealth Managers (India) is U67190KA2003PTC191180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wealth Managers (India) was incorporated on 06 January 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Wealth Managers (India) has 1 deal on record (1 funding round); the latest was in August 2022.
Ajit Keshav Khasnis was appointed as Director on 20 Aug 2025. Sanjiv Singhal ceased to be Nominee Director on 16 Jul 2025. Ajit Keshav Khasnis ceased to be Director on 19 Mar 2025. Wealth Managers (India) has 9 board changes on record in total.
Wealth Managers (India) can be reached through the website wealthmanagersindia.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Wealth Managers (India) is at Pardhanani Willshire III, 5th Floor Whitefield Main Road, Bangalore, Karnataka, India – 560048.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
