Way 2 Serve Microfinance Private Limited

Provides financial services and promotes insurance and thrift for marginalized communities.

2011 | Jodhpur, Rajasthan (India) | Active
Last Updated:

Way 2 Serve Microfinance Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.87 Cr
  • Revenue Growth 22.21%
  • Profit Growth 177.18%
  • Ebitda 61.53%
  • Net Worth 17.47%
  • Total Assets 28.43%

About Way 2 Serve Microfinance

Way 2 Serve Microfinance Private Limited (W2SMPL) is a Private Not For Profit Company incorporated in India on 12 August 2011 and has a history of 13 years and eight months. Its registered office is in Jodhpur, Rajasthan, 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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.87 Cr.

Rajendra Pungalia and Rohit Pungalia serve as directors at the Company.

Company Details

  • Location

    Jodhpur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65999RJ2011NPL036174

  • Company No.

    036174

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    12 Aug 2011

  • Date of AGM

    07 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Financial Services
Company report

Way 2 Serve Microfinance Private Limited

Explore comprehensive data for Way 2 Serve Microfinance Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Way 2 Serve Microfinance?

Board Members (2)

NameDesignationAppointment DateStatus
Rohit Pungalia Country flag representing In Director 12-Aug-2011Current
Rajendra Pungalia Country flag representing In Director 12-Aug-2011Current

Financial Performance of Way 2 Serve Microfinance.

Way 2 Serve Microfinance Private Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 22.21% increase. The company also saw a substantial improvement in profitability, with a 177.18% increase in profit. The company's net worth Soared by an impressive increase of 17.47%.

Way 2 Serve Microfinance revenue growth over time
Way 2 Serve Microfinance 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
22.21%
Revenue from Operations
23.44%
Total Assets
28.43%
Profit or Loss
177.18%
Net Worth
17.47%
EBITDA
61.53%

What is the Ownership and Shareholding Structure of Way 2 Serve Microfinance?

In 2018, Way 2 Serve Microfinance 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)

Open Charges

₹58.74 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Mas Financial Services Limited : 5.75 Cr
  • Uco Bank : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
22 Nov 2019Uco Bank₹1.24 MOpen
31 Oct 2013Mas Financial Services Limited₹1.00 CrOpen
07 Mar 2013Mas Financial Services Limited₹1.50 CrOpen
01 Jan 2013Mas Financial Services Limited₹7.50 MOpen
30 Nov 2012Mas Financial Services Limited₹7.50 MOpen

How Many Employees Work at Way 2 Serve Microfinance?

Unlock and access historical data on people associated with Way 2 Serve Microfinance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Way 2 Serve Microfinance Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Way 2 Serve Microfinance, 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 Way 2 Serve Microfinance'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 Way 2 Serve Microfinance

Recent activity within the organization

  • Annual General Meeting

    Way 2 Serve Microfinance Private Limited last Annual general meeting of members was held on 07 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Way 2 Serve Microfinance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

  • Charges

    A charge with Uco Bank amounted to Rs. 1.24 M with Charge ID 100309063 was registered on 22 Nov 2019.

  • Charges

    A charge with Mas Financial Services Limited amounted to Rs. 10.00 M with Charge ID 10461064 was registered on 31 Oct 2013.

  • Charges

    A charge with Mas Financial Services Limited amounted to Rs. 15.00 M with Charge ID 10412662 was registered on 07 Mar 2013.

  • Charges

    A charge with Mas Financial Services Limited amounted to Rs. 7.50 M with Charge ID 10399989 was registered on 01 Jan 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Way 2 Serve Microfinance Private Limited?

    Way 2 Serve Microfinance Private Limited was incorporated on 12 Aug 2011.

  • What is authorized share capital and paid-up capital of Way 2 Serve Microfinance Private Limited?

    The authorized share capital of Way 2 Serve Microfinance Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Way 2 Serve Microfinance Private Limited?

    Currently 2 directors are associated with Way 2 Serve Microfinance Private Limited.

    • Rajendra Kumar Pungalia
    • Rohit Pungalia

  • What is the registered address of Way 2 Serve Microfinance Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Way 2 Serve Microfinance Private Limited is C/Oaashirwad58Narpatnagaropp.Shyamrestaurantlane Palroad, Nand Anvan India, Jodhpur, Rajasthan, 342001.

  • What is the corporate identification number (CIN) and company number of Way 2 Serve Microfinance Private Limited?

    The corporate identification number (CIN) of Way 2 Serve Microfinance Private Limited is U65999RJ2011NPL036174 and the company number is 036174 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Way 2 Serve Microfinance Private Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for Way 2 Serve Microfinance Private Limited has risen by 22.21%.

  • What change has been observed in the net worth of Way 2 Serve Microfinance Private Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Way 2 Serve Microfinance Private Limited has experienced an upsurge of 17.47%.

  • What are the total open charges for Way 2 Serve Microfinance Private Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for Way 2 Serve Microfinance Private Limited amount to ₹ 5.87 Cr.

  • When was the last Balance Sheet of Way 2 Serve Microfinance Private Limited filed with the ROC?

    The most recent Balance Sheet for Way 2 Serve Microfinance Private Limited was filed with the ROC on 31 Mar 2023.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Diversified Financial Services