Wegrow Financial Services Private Limited

Provides credit and financial assistance to all sections of society as a non-banking finance company.

1989 | Kolkata, West Bengal (India) | Active
Last Updated:

Wegrow Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.05 Cr
  • Company Age 35 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 54.50 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth 155.88%
  • Profit Growth 6.26%
  • Ebitda 125.74%
  • Net Worth 5.14%
  • Total Assets 74.85%

About Wegrow Financial Services

Wegrow Financial Services Private Limited (WFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 September 1989 and has a history of 35 years and five months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Sarawgi Fiscal Services P. Ltd.. 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 6.05 Cr.

The company currently has active open charges totaling ₹54.50 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Wegrow Financial Services Private Limited India is Kuntal Banerjee as CFO. Mrinal Mandal, Rahul Johri, Anuradha Gupta, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67120WB1989PTC047609

  • Company No.

    047609

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 1989

  • Date of AGM

    05 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services
Company report

Wegrow Financial Services Private Limited

Explore comprehensive data for Wegrow Financial Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Wegrow Financial Services?

Executive Team (2)

NameDesignationAppointment DateStatus
Kuntal Banerjee CFOCurrent
Bishwajit Das Country flag representing In Managing Director17-Sep-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Tumpa Das Country flag representing In Director 13-Mar-2020Current
Rahul Johri Country flag representing In Director 25-Jul-2020Current
Mrinal Mandal Country flag representing In Director 13-Mar-2020Current
Anuradha Gupta Country flag representing In Director 13-Mar-2020Current
Chitta Barai Country flag representing In Director 26-Dec-2020Current

Financial Performance of Wegrow Financial Services.

Wegrow Financial Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 155.88% increase. The company also saw a slight improvement in profitability, with a 6.26% increase in profit. The company's net worth moved up by a moderate rise of 5.14%.

Wegrow Financial Services revenue growth over time
Wegrow Financial Services 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
155.88%
Revenue from Operations
146.13%
Total Assets
74.85%
Profit or Loss
6.26%
Net Worth
5.14%
EBITDA
125.74%

What is the Ownership and Shareholding Structure of Wegrow Financial Services?

In 2023, Wegrow Financial Services had a promoter holding of 30.11% and a public holding of 69.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹54.50 Cr

Satisfied Charges

₹1.50 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 29.50 Cr
  • Others : 20.00 Cr
  • Indian Overseas Bank : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
08 Feb 2024Others₹3.00 CrOpen
11 Jan 2024Others₹2.00 CrOpen
27 Jul 2023State Bank Of India₹10.00 CrOpen
09 Jan 2023Others₹2.00 CrOpen
09 Jan 2023Others₹3.00 CrOpen

How Many Employees Work at Wegrow Financial Services?

Wegrow Financial Services has a workforce of 170 employees as of Apr 04, 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 Wegrow Financial Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Wegrow Financial Services, 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 Wegrow Financial Services'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 Wegrow Financial Services

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100884831 was registered on 08 Feb 2024.

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100847933 was registered on 11 Jan 2024.

  • Annual General Meeting

    Wegrow Financial Services Private Limited last Annual general meeting of members was held on 05 Aug 2023 as per latest MCA records.

  • Charges

    A charge with State Bank Of India amounted to Rs. 10.00 Cr with Charge ID 100757726 was registered on 27 Jul 2023.

  • Balance Sheet

    Wegrow Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100670799 was registered on 09 Jan 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Wegrow Financial Services Private Limited?

    Wegrow Financial Services Private Limited was incorporated on 20 Sep 1989.

  • What is authorized share capital and paid-up capital of Wegrow Financial Services Private Limited?

    The authorized share capital of Wegrow Financial Services Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.05 Cr.

  • Who are the current board members & directors of Wegrow Financial Services Private Limited?

    Currently 7 directors are associated with Wegrow Financial Services Private Limited.

    • Kuntal Banerjee
    • Mrinal Kanti Mandal
    • Rahul Johri
    • Anuradha Gupta
    • Chitta Ranjan Barai
    • Tumpa Das
    • Bishwajit Das

  • What is the registered address of Wegrow Financial Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Wegrow Financial Services Private Limited is 13 Rishi Bankim Road Nimta, Kolkata, West Bengal, India, 700049.

  • What is the corporate identification number (CIN) and company number of Wegrow Financial Services Private Limited?

    The corporate identification number (CIN) of Wegrow Financial Services Private Limited is U67120WB1989PTC047609 and the company number is 047609 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Wegrow Financial Services Private Limited?

    The Official website of Wegrow Financial Services Private Limited is https://www.wegrowindia.com

  • What has been the recent revenue trend for Wegrow Financial Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Wegrow Financial Services Private Limited has risen by 155.88%.

  • How many employees does Wegrow Financial Services Private Limited currently have?

    As Per 2023 financial reports, 170 employees are currently employed by Wegrow Financial Services Private Limited.

  • What change has been observed in the net worth of Wegrow Financial Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Wegrow Financial Services Private Limited has experienced an upsurge of 5.14%.

  • What are the total open charges for Wegrow Financial Services Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Wegrow Financial Services Private Limited amount to ₹ 54.50 Cr.

  • When was the last Balance Sheet of Wegrow Financial Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Wegrow Financial Services Private Limited was filed with the ROC on 31 Mar 2023.

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