MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0046656
WMG Wealth Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.21 Cr
▲ 43% YoY
Net profit · FY 2025
₹2.08 Cr
Net margin 25.3%
EBITDA · FY 2025
₹3.98 Cr
EBITDA margin 48.5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹1.41 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
10
Provident fund records
About WMG Wealth Private Limited
Data last updated:
WMG Wealth Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the financial product distributors segment of the financial services sector. It was incorporated on 16 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65190KA2011PTC058663. Its GSTIN is 29AABCW0992P1ZJ (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Wmg India Private Limited. It is led by directors Sreekara Indavara Poornesh and Rashmi Mukkatira Belliappa.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 21/19 Craig Park Layout M G Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.21 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹2.08 Cr (net margin 25.3%) and EBITDA of ₹3.98 Cr (EBITDA margin 48.5%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 32% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: WMG Wealth. As per MCA filings, the company has open charges of ₹1.41 Cr on record.
WMG Wealth Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0046656). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wmgwealthadvisory.com.
Company details
CIN U65190KA2011PTC058663
Registration Number 058663
Incorporation Date 16 May 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0046656
Name history
WMG Wealth has undergone 4 name changes throughout its history. The current legal name is Wmg Wealth Private Limited.
| Company Name | Status |
|---|---|
| WMG Wealth Private Limited | Current |
| Wmg India Private Limited | Previous |
| Wmg Investment Services Private Limited | Previous |
| Wmg Advisory And Services Private Limited | Previous |
Recognitions & Rankings of WMG Wealth
Contact details
WMG Wealth Private Limited's registered office is in Bangalore, Karnataka. Its website is wmgwealthadvisory.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address21/19 Craig Park Layout M G Road, Bangalore, Karnataka, India – 560001
- IndustryFinancial Services, Financial Product Distributors
To see the full contact details of WMG Wealth Private Limited, buy the company report.
Comprehensive company report
WMG Wealth Private Limited - one report that includes everything
- 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
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Brands
WMG Wealth operates one associated brand: WMG Wealth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive investment and wealth management services to clients. | wmgwealthadvisory.com |
Business activity
The main business activity of WMG Wealth is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of WMG Wealth Private Limited, buy the company report.
Financials of WMG Wealth Private Limited
FY 2024 filings availableWMG Wealth Private Limited reported revenue of ₹8.21 Cr (up 43% YoY) for FY 2025.
Revenue · FY 2025
₹8.21 Cr ▲ 43%
Net profit · FY 2025
₹2.08 Cr margin 25.3%
EBITDA · FY 2025
₹3.98 Cr margin 48.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 40%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▲ 88%
3 years · compounded
▲ 63%
5 years · compounded
▲ 91%
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 43% growth in the latest year. EBITDA rose 88% 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 |
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| EBITDA | ₹3.98 Cr | ||||
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| Net Profit (PAT) | ₹2.08 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 48.5% | ||||
| Net Profit Margin | 25.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of WMG Wealth Private Limited, buy the company report.
Board of directors of WMG Wealth Private Limited
WMG Wealth has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sreekara Indavara Poornesh Also directs: WMG Investment Advisors LLP, WMG Edge Properties LLP, Wmg-Bcl Consulting LLP and 4 more | Director | 16 May 2011 | 15 Years 5 Months | Current |
| Rashmi Mukkatira Belliappa Also directs: W M G Gift Ifsc LLP, WMG Broking Private Limited | Director | 08 Jan 2019 | 7 Years 9 Months | Current |
Auditor
WMG Wealth Private Limited is audited by Suraj and Tarun Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suraj and Tarun Chartered Accountants | FY 2023 | 016465S |
Shareholding
The shareholding of WMG Wealth Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of WMG Wealth Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.41 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2025 | 101158070 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 28 May 2024 | 101003821 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 30 Dec 2023 | 100914599 | Hdfc Bank Limited | ₹60.9 Lakh | Open | |
| 29 Mar 2022 | 100579210 | Hdfc Bank Limited | ₹39.97 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving WMG 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 WMG Wealth Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
WMG Wealth Private Limited has a workforce of 10 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
-9.09%
GST
WMG Wealth has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCW0992P1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of WMG Wealth Private Limited, buy the company report.
Recent activity
WMG Wealth Private Limited has 7 board changes on record since 2011: 2 appointments and 5 cessations. The latest: Nalini ceased to be Additional Director on 29 Sep 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 101158070 was registered on 02 Jul 2025.
AGM
Wmg Wealth Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 101003821 was registered on 28 May 2024.
Filing
Wmg Wealth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 60.90 Lakh with Charge ID 100914599 was registered on 30 Dec 2023.
Ceased
Nalini ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 39.97 Lakh with Charge ID 100579210 was registered on 29 Mar 2022.
Ceased
Rashmi Mukkatira Belliappa ceased to be Additional Director.
Ceased
Sudhamani Katrumane Annegowda ceased to be Director.
Appointed
Rashmi Mukkatira Belliappa was appointed as Director.
Ceased
Rajesh Babu Sadashiva ceased to be Director.
Ceased
Mary Mella ceased to be Director.
2 earlier events are in the company report.
Frequently asked questions
WMG Wealth is an active private limited company based in Bangalore, Karnataka, India. The company works in financial product distributors, within the financial services industry. It was incorporated on 16 May 2011 (15+ years old) and is registered under CIN U65190KA2011PTC058663.
WMG Wealth has 2 current directors:
- Sreekara Indavara Poornesh - Director
- Rashmi Mukkatira Belliappa - Director
The latest financial statements of WMG Wealth on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of WMG Wealth is 29AABCW0992P1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of WMG Wealth is U65190KA2011PTC058663. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
WMG Wealth was incorporated on 16 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Nalini ceased to be Additional Director on 29 Sep 2022. Rashmi Mukkatira Belliappa ceased to be Additional Director on 30 Sep 2019. Sudhamani Katrumane Annegowda ceased to be Director on 31 Jan 2019. WMG Wealth has 7 board changes on record in total.
Yes, WMG Wealth is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0046656).
WMG Wealth can be reached through the website wmgwealthadvisory.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of WMG Wealth is at 2119 Craig Park Layout M G Road, Bangalore, Karnataka, India – 560001.