Reliance Wealth Management Limited

Provides financial and related services, including portfolio management and distribution of financial instruments, licensed by SEBI.

2009 | Mumbai, Maharashtra (India) | Active
Last Updated: December 16, 2024

Reliance Wealth Management Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 42.75 Cr
  • Company Age 16 Year, 30 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 6.98%
  • Profit Growth 150.96%
  • Ebitda 104.41%
  • Net Worth 4.94%
  • Total Assets -30.84%

About Reliance Wealth Management

Reliance Wealth Management Limited (RWML) is a Public Limited Indian Non-Government Company incorporated in India on 01 January 2009 and has a history of 16 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Reliance Money Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 60.00 Cr and a paid-up capital of Rs 42.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Reliance Wealth Management Limited India are Shikha Patel as COMPANY SECRETARY and Kalyani Chaturvedi as Cfo. Sushilkumar Agrawal, Shubam Guptaa, and Sanjay Sharma serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65999MH2009PLC189285

  • Company No.

    189285

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jan 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Executive Team (2)

Name Designation Appointment Date Status
Shikha Patel Company Secretary 22-Aug-2023 Current
Kalyani Chaturvedi CFO 27-Aug-2024 Current

Board Members (3)

Name Designation Appointment Date Status
Sushilkumar Agrawal Country flag representing In Director 05-May-2020 Current
Shubam Guptaa Country flag representing In Director 31-Oct-2023 Current
Sanjay Sharma Country flag representing In Director 18-Apr-2022 Current

Financial Performance of Reliance Wealth Management.

Reliance Wealth Management Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.98% increase. The company also saw a substantial improvement in profitability, with a 150.96% increase in profit. The company's net worth moved up by a moderate rise of 4.94%.

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
6.98%
Revenue from Operations
30.76%
Total Assets
-30.84%
Profit or Loss
150.96%
Net Worth
4.94%
EBITDA
104.41%

What is the Ownership and Shareholding Structure of Reliance Wealth Management?

In 2022, Reliance 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 Reliance Wealth Management?

Reliance Wealth Management has a workforce of 2 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Reliance 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 Reliance 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 Reliance Wealth Management

Recent activity within the organization

  • Annual General Meeting

    Reliance Wealth Management Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Kalyani Chaturvedi was appointed as a Cfo was appointed as a Cfo on 27 Aug 2024 & has been associated with this company since 5 months 6 days .

    27 Aug 2024

  • Balance Sheet

    Reliance Wealth Management Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Shubam Kailash Guptaa was appointed as a Director was appointed as a Director on 31 Oct 2023 & has been associated with this company since 1 year 3 months .

    31 Oct 2023

  • Director Appointment

    Shikha Patel was appointed as a Company Secretary was appointed as a Company Secretary on 22 Aug 2023 & has been associated with this company since 1 year 5 months .

    22 Aug 2023

  • Director Appointment

    Sanjay Sharma was appointed as a Director was appointed as a Director on 18 Apr 2022 & has been associated with this company since 2 years 9 months .

    18 Apr 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Reliance Wealth Management Limited was incorporated on 01 Jan 2009.

  • The authorized share capital of Reliance Wealth Management Limited is ₹ 60.00 Cr and paid-up capital is ₹ 42.75 Cr.

  • Currently 5 directors are associated with Reliance Wealth Management Limited.

    • Sushilkumar Agrawal
    • Shubam Kailash Guptaa
    • Sanjay Sharma
    • Shikha Patel
    • Kalyani Chaturvedi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Reliance Wealth Management Limited is 11Th Floor R-Tech It Park Nirlon Compound Off Western Express Highway, Goregaon (E Ast) India, Mumbai, Maharashtra, 400063.

  • The corporate identification number (CIN) of Reliance Wealth Management Limited is U65999MH2009PLC189285 and the company number is 189285 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Reliance Wealth Management Limited is https://www.reliancewealth.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Reliance Wealth Management Limited has risen by 6.98%.

  • As Per 2022 financial reports, 2 employees are currently employed by Reliance Wealth Management Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Reliance Wealth Management Limited has experienced an upsurge of 4.94%.

  • The most recent Balance Sheet for Reliance Wealth Management Limited was filed with the ROC on 31 Mar 2024.

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