Phonepe Wealth Private Limited

Provides mutual fund distribution services through Phonepe mobile app since 2018 in Bangalore.

2018 | Bangalore, Karnataka (India) | Under Liquidation
Last Updated: December 09, 2024

Phonepe Wealth Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 20.06 Cr
  • Company Age 6 Year, 2 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -100.00%
  • Profit Growth -32.70%
  • Ebitda 100.00%
  • Net Worth -98.98%
  • Total Assets -98.27%

About Phonepe Wealth

Phonepe Wealth Private Limited (PWPL) is Under Liquidation company established on 15 Nov 2018 with its office registered at Bangalore, Karnataka, India and has been running since 6 Year, 2 Months with a paid up capital of 20.06 Cr. According to MCA records, 2 Directors are linked to this company as of 09 Dec 2024.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U65990KA2018PTC118559

  • Company No.

    118559

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Nov 2018

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

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

Board Members (2)

Name Designation Appointment Date Status
Ullal Kini Country flag representing In Director 29-Mar-2023 Current
Prakash Namdev Country flag representing In Director 29-Mar-2023 Current

Financial Performance of Phonepe Wealth.

Phonepe Wealth Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 32.7% decrease in profit. The company's net worth observed a substantial decline by a decrease of 98.98%.

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
-100.00%
Revenue from Operations
-100.00%
Total Assets
-98.27%
Profit or Loss
-32.70%
Net Worth
-98.98%
EBITDA
100.00%

What is the Ownership and Shareholding Structure of Phonepe Wealth?

In 2022, Phonepe Wealth 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 Phonepe Wealth?

Phonepe Wealth has a workforce of 16 employees as of Apr 08, 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 Phonepe Wealth, 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'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

Recent activity within the organization

  • Director Appointment

    Ullal Jayanth Kini was appointed as a Director was appointed as a Director on 29 Mar 2023 & has been associated with this company since 1 year 10 months .

    29 Mar 2023

  • Director Appointment

    Prakash Namdev was appointed as a Director was appointed as a Director on 29 Mar 2023 & has been associated with this company since 1 year 10 months .

    29 Mar 2023

  • Annual General Meeting

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

    30 Sep 2022

  • Balance Sheet

    Phonepe Wealth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

    31 Mar 2022

  • Company Incorporation

    Phonepe Wealth Private Limited was registered on 15 Nov 2018 with Roc Bangalore & aged 6 years 2 months as per MCA records.

    15 Nov 2018

Recent News, Updates & Announcement

Frequently asked questions

  • Phonepe Wealth Private Limited was incorporated on 15 Nov 2018.

  • The authorized share capital of Phonepe Wealth Private Limited is ₹ 50.00 Cr and paid-up capital is ₹ 20.06 Cr.

  • Currently 2 directors are associated with Phonepe Wealth Private Limited.

    • Ullal Jayanth Kini
    • Prakash Namdev
  • As per Ministry of Corporate Affairs (Mca), the registered address of Phonepe Wealth Private Limited is Office-2 Floor 4 5 6 7 Wing A Block A Salarpuria Softzone Service Road Green Glen Layout Bellandur, India, Bengaluru, Karnataka, 560103.

  • The corporate identification number (CIN) of Phonepe Wealth Private Limited is U65990KA2018PTC118559 and the company number is 118559 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2022, the revenue trend for Phonepe Wealth Private Limited has fallen by -100.00%.

  • As Per 2022 financial reports, 16 employees are currently employed by Phonepe Wealth Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Phonepe Wealth Private Limited has experienced an downturn of -98.98%.

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

Similar Companies Based on Financial Product Distributors