Mandar Narendra Mhatre
About Mandar Narendra Mhatre
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Mandar Narendra Mhatre is a Director at Formidium India Private Limited (since 2024), Director at Formidium Altfund Services (India) Private Limited (since 2024) and Director at R, A. Podar College Of Commerce & Economics Alumni Association (since 2018), and holds 1 more current directorship. The companies operate in Business Outsourcing, Education and Events and Entertainment. The 3 current companies with reported revenue have a combined latest revenue of ₹103 Cr; the largest is Formidium India Private Limited at ₹101 Cr (FY 2026). Earlier, Mandar Narendra Mhatre was a Managing Director at Epic Administration Private Limited (2023–2024) and Designated Partner at Best Alternative Advisory Services Llp (2022) and 4 more.
Current companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Formidium India Private Limited U72900RJ2021PTC078883 | Director | 12 Aug 2024 | 2021 | ₹101 Cr (FY 2026) | Active |
| Formidium Altfund Services (India) Private Limited U72200RJ2019PTC066261 | Director | 12 Aug 2024 | 2019 | ₹1.26 Cr (FY 2026) | Active |
 R, A. Podar College Of Commerce & Economics Alumni Association U74900MH2018NPL310360 | Director | 05 Jun 2018 | 2018 | ₹67,711 (FY 2024) | Active |
| Drsti Consult Llp ACT-1499 | Designated Partner | 02 Dec 2025 | 2025 | Active |
Previous companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Epic Administration Private Limited U74999DL2011PTC223475 | Managing Director | 01 Feb 2023 | 2011 | ₹20.56 Cr (FY 2024) | Active |
| Designated Partner | 06 Apr 2022 | 2013 | Active | ||
 Pancham-Nishad Creatives Private Limited U92110MH1996PTC099065 | Whole-Time Director | 15 Jan 2015 | 1996 | ₹1.49 Cr (FY 2024) | Active |
| Apex Fund Services Llp AAL-4130 | Designated Partner | 17 Jul 2019 | 2017 | ₹455 Cr (FY 2023) | Active |
| Namsat Financial Services Private Limited U65990MH2018PTC317210 | Director | 19 Nov 2018 | 2018 | Strike Off | |
| Amethyst Business Advisors Llp AAJ-1602 | Designated Partner | 17 Apr 2017 | 2017 | Strike Off |
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Board colleagues of Mandar Narendra Mhatre
| Name | DIN | Company | Designation |
|---|---|---|---|
| Manish Agrawal | 07507334 | Formidium India Private Limited , Formidium Altfund Services (India) Private Limited | Director |
| Manish Kumar Sudrania | 07616882 | Formidium India Private Limited , Formidium Altfund Services (India) Private Limited | Director |
| Silky Mittal | 10091323 | Formidium India Private Limited , Formidium Altfund Services (India) Private Limited | Director |
| Dilip Madhav Lagu | 01161579 | R, A. Podar College Of Commerce & Economics Alumni Association | Director |
| Rajendra Madhusudan Phadke | 00179196 | R, A. Podar College Of Commerce & Economics Alumni Association | Director |
| Shashikant Chintaman Vyas | 00237150 | R, A. Podar College Of Commerce & Economics Alumni Association | Director |
| Shobana Vasudevan | 07477325 | R, A. Podar College Of Commerce & Economics Alumni Association | Director |
| Vikas Madhav Kavle | 02460431 | R, A. Podar College Of Commerce & Economics Alumni Association | Director |
| Surabhi Mandar Mhatre | 11405195 | Drsti Consult Llp | Designated Partner |
Directorship timeline
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Frequently Asked Questions about Mandar Narendra Mhatre
Mandar Narendra Mhatre currently holds 4 directorships: Formidium India Private Limited (Director, since 12 Aug 2024, revenue ₹101 Cr (FY 2026)); Formidium Altfund Services (India) Private Limited (Director, since 12 Aug 2024, revenue ₹1.26 Cr (FY 2026)); R, A. Podar College Of Commerce & Economics Alumni Association (Director, since 05 Jun 2018, revenue ₹67,711 (FY 2024)); Drsti Consult Llp (Designated Partner, since 02 Dec 2025).
Mandar Narendra Mhatre was first appointed on 15 Jan 2015 as Whole-Time Director at Pancham-Nishad Creatives Private Limited. The most recent appointment on record is 02 Dec 2025 at Drsti Consult Llp.
The 3 current companies of Mandar Narendra Mhatre that report revenue have a combined latest revenue of ₹103 Cr: Formidium India Private Limited ₹101 Cr (FY 2026); Formidium Altfund Services (India) Private Limited ₹1.26 Cr (FY 2026); R, A. Podar College Of Commerce & Economics Alumni Association ₹67,711 (FY 2024).
Mandar Narendra Mhatre held 6 earlier board appointments: Epic Administration Private Limited (Managing Director, 01 Feb 2023 to 25 Jan 2024); Best Alternative Advisory Services Llp (Designated Partner, 06 Apr 2022 to 31 May 2022); Pancham-Nishad Creatives Private Limited (Whole-Time Director, 15 Jan 2015 to 01 May 2015); Apex Fund Services Llp (Designated Partner, 17 Jul 2019 to 06 Jan 2022); Namsat Financial Services Private Limited (Director, from 19 Nov 2018); and 1 more.
The current boards of Mandar Narendra Mhatre's companies include Manish Agrawal (Formidium India Private Limited), Manish Kumar Sudrania (Formidium India Private Limited), Silky Mittal (Formidium India Private Limited), Dilip Madhav Lagu (R, A. Podar College Of Commerce & Economics Alumni Association), Rajendra Madhusudan Phadke (R, A. Podar College Of Commerce & Economics Alumni Association), Shashikant Chintaman Vyas (R, A. Podar College Of Commerce & Economics Alumni Association), among others.