Recmands Wealth Management Private Limited

Founded in 2012 and headquartered in Maharashtra, India.

2012 | Mumbai, Maharashtra (India) | Active
Last Updated: January 05, 2025

Recmands Wealth Management Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth %
  • Profit Growth 97.26%
  • Ebitda 98.48%
  • Net Worth -21.60%
  • Total Assets -5.95%

About Recmands Wealth Management

Recmands Wealth Management Private Limited (RWMPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 March 2012 and has a history of 12 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Dharmesh Kansara and Niranjan Kansara serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67190MH2012PTC227574

  • Company No.

    227574

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Mar 2012

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Recmands Wealth Management?

Board Members (2)

NameDesignationAppointment DateStatus
Dharmesh Kansara Country flag representing In Director 02-Mar-2012Current
Niranjan Kansara Country flag representing In Director 02-Mar-2012Current

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%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
Revenue from Operations
Total Assets
-5.95%
Profit or Loss
97.26%
Net Worth
-21.60%
EBITDA
98.48%

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 Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

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.

Graph showing employee growth trends

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

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Recmands Wealth Management

Recent activity within the organization

  • Annual General Meeting

    Recmands Wealth Management Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Recmands Wealth Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

    31 Mar 2022

  • Director Appointment

    Dharmesh Mafatlal Kansara was appointed as a Director was appointed as a Director on 02 Mar 2012 & has been associated with this company since 12 years 11 months .

    02 Mar 2012

  • Director Appointment

    Niranjan Mafatlal Kansara was appointed as a Director was appointed as a Director on 02 Mar 2012 & has been associated with this company since 12 years 11 months .

    02 Mar 2012

  • Company Incorporation

    Recmands Wealth Management Private Limited was registered on 02 Mar 2012 with Roc Mumbai & aged 12 years 11 months as per MCA records.

    02 Mar 2012

Frequently asked questions

  • Recmands Wealth Management Private Limited was incorporated on 02 Mar 2012.

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

  • Currently 2 directors are associated with Recmands Wealth Management Private Limited.

    • Dharmesh Mafatlal Kansara
    • Niranjan Mafatlal Kansara
  • As per Ministry of Corporate Affairs (Mca), the registered address of Recmands Wealth Management Private Limited is 2B/3 2Nd Floor Bldg.No.21 Dr. N. Shah Marg Chirabazar Marine Lines (E), India, Mumbai, Maharashtra, 400002.

  • The corporate identification number (CIN) of Recmands Wealth Management Private Limited is U67190MH2012PTC227574 and the company number is 227574 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2020 indicates that The net worth of Recmands Wealth Management Private Limited has experienced an downturn of -21.60%.

  • The most recent Balance Sheet for Recmands Wealth Management Private Limited was filed with the ROC on 31 Mar 2022.

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