Phonepe Wealth Broking Private Limited

Mobile app for stock broker and mutual fund distribution, established in 2021.

2021 | Bangaluru, Karnataka (India) | Active
Last Updated:

Phonepe Wealth Broking Profile

Key Indicators

  • Authorised Capital ₹ 1,498.70 Cr
  • Paid Up Capital ₹ 1,030.15 Cr
  • Company Age 4 Year, 13 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 37.50 Cr
  • Revenue Growth 330.44%
  • Profit Growth -429.44%
  • Ebitda -429.20%
  • Net Worth 2592.97%
  • Total Assets 1031.48%

About Phonepe Wealth Broking

Phonepe Wealth Broking Private Limited (PWBPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 April 2021 (Four years 13 days old ). Its registered office is in Bangaluru, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 1,498.70 Cr and a paid-up capital of Rs 1,030.15 Cr.

The company currently has active open charges totaling ₹37.50 Cr.

The Key Managerial Personnel (KMP) at Phonepe Wealth Broking Private Limited India are Ujjwal Jain as CEO and Meenakshi Sharma as Company Secretary. Ujjwal Jain, Sai Manchikanti, and Nilesh Naik serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65990KA2021PTC146954

  • Company No.

    146954

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Apr 2021

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services
Company report

Phonepe Wealth Broking Private Limited

Explore comprehensive data for Phonepe Wealth Broking Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Phonepe Wealth Broking?

Executive Team (2)

NameDesignationAppointment DateStatus
Ujjwal Jain CEO07-Sep-2023Current
Meenakshi Sharma Country flag representing In Company Secretary19-Jun-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Ujjwal Jain Country flag representing In Whole-Time Director 20-Jul-2023Current
Sai Manchikanti Country flag representing In Director 24-Nov-2023Current
Nilesh Naik Country flag representing In Whole-Time Director 27-Apr-2021Current

Financial Performance of Phonepe Wealth Broking.

Phonepe Wealth Broking Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 330.44% increase. The company also saw a substantial fall in profitability, with a 429.44% decrease in profit. The company's net worth Soared by an impressive increase of 2592.97%.

Phonepe Wealth Broking revenue growth over time
Phonepe Wealth Broking 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
330.44%
Revenue from Operations
284.57%
Total Assets
1031.48%
Profit or Loss
-429.44%
Net Worth
2592.97%
EBITDA
-429.20%

What is the Ownership and Shareholding Structure of Phonepe Wealth Broking?

In 2023, Phonepe Wealth Broking had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 37.50 Cr

Latest Charge Details

DateLenderAmountStatus
16 Nov 2023The Hongkong And Shanghai Banking Corporation Limited₹37.50 CrOpen

How Many Employees Work at Phonepe Wealth Broking?

Phonepe Wealth Broking has a workforce of 154 employees as of Apr 06, 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.

Employee growth trends for Phonepe Wealth Broking Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Phonepe Wealth Broking, 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 Phonepe Wealth Broking'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 Phonepe Wealth Broking

Recent activity within the organization

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 37.50 Cr registered on 16 Nov 2023 with Charge ID 100827062 was modified on 14 Nov 2024.

  • Annual General Meeting

    Phonepe Wealth Broking Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Phonepe Wealth Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Sai Prakash Manchikanti was appointed as a Director was appointed as a Director on 24 Nov 2023 & has been associated with this company since 1 year 5 months .

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 37.50 Cr with Charge ID 100827062 was registered on 16 Nov 2023.

  • Director Appointment

    Ujjwal Jain was appointed as a Ceo was appointed as a Ceo on 07 Sep 2023 & has been associated with this company since 1 year 8 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Phonepe Wealth Broking Private Limited?

    Phonepe Wealth Broking Private Limited was incorporated on 27 Apr 2021.

  • What is authorized share capital and paid-up capital of Phonepe Wealth Broking Private Limited?

    The authorized share capital of Phonepe Wealth Broking Private Limited is ₹ 1,498.70 Cr and paid-up capital is ₹ 1,030.15 Cr.

  • Who are the current board members & directors of Phonepe Wealth Broking Private Limited?

    Currently 5 directors are associated with Phonepe Wealth Broking Private Limited.

    • Ujjwal Jain
    • Sai Prakash Manchikanti
    • Nilesh Datta Naik
    • Ujjwal Jain
    • Meenakshi Sharma
  • What is the registered address of Phonepe Wealth Broking Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Phonepe Wealth Broking Private Limited is Office 2 Floor 3 Wing A Block Salarpuria Softzone Bellandur Village Varthur Hobli, Outer Ring Road India, Bangalore South, Karnataka, 560103.

  • What is the corporate identification number (CIN) and company number of Phonepe Wealth Broking Private Limited?

    The corporate identification number (CIN) of Phonepe Wealth Broking Private Limited is U65990KA2021PTC146954 and the company number is 146954 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Phonepe Wealth Broking Private Limited?

    The Official website of Phonepe Wealth Broking Private Limited is https://www.phonepe.com

  • What has been the recent revenue trend for Phonepe Wealth Broking Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Phonepe Wealth Broking Private Limited has risen by 330.44%.

  • How many employees does Phonepe Wealth Broking Private Limited currently have?

    As Per 2023 financial reports, 154 employees are currently employed by Phonepe Wealth Broking Private Limited.

  • What change has been observed in the net worth of Phonepe Wealth Broking Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Phonepe Wealth Broking Private Limited has experienced an upsurge of 2592.97%.

  • What are the total open charges for Phonepe Wealth Broking Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Phonepe Wealth Broking Private Limited amount to ₹ 37.50 Cr.

  • When was the last Balance Sheet of Phonepe Wealth Broking Private Limited filed with the ROC?

    The most recent Balance Sheet for Phonepe Wealth Broking Private Limited was filed with the ROC on 31 Mar 2024.

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