Way2News Profile
Key Indicators
- Authorised Capital ₹ 17.18 Cr
as on 27-11-2024
- Paid Up Capital ₹ 15.50 Cr
as on 27-11-2024
- Company Age 5 Year, 21 Days
- Last Filing with ROC 31 Mar 2024
- Revenue 32.03%
(FY 2024)
- Profit -269.11%
(FY 2024)
- Ebitda -178.04%
(FY 2024)
- Net Worth -39.03%
(FY 2024)
- Total Assets -31.13%
(FY 2024)
About Way2News
The Company is engaged in the Information Technology 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 17.18 Cr and a paid-up capital of Rs 15.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Way2news Private Limited India is Narasimha Prabhu as COMPANY SECRETARY. Vanapala Raju, Vanapala Kumar, and Amit Chopra serve as directors at the Company.
- CIN/LLPIN
U74999TG2019PTC137196
- Company No.
137196
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Nov 2019
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media
- Apps
Who are the key members and board of directors at Way2News?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narasimha Prabhu  | Company Secretary | 13-Jun-2023 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amit Chopra | Director | 20-Mar-2024 | Current |
| Vanapala Raju | Director | 28-Nov-2019 | Current |
| Vanapala Kumar | Director | 28-Nov-2019 | Current |
Financial Performance and Corporate Structure Insights of Way2News.
Way2News Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 32.03% increase. The company also saw a substantial fall in profitability, with a 269.11% decrease in profit. The company's net worth observed a substantial decline by a decrease of 39.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Way2News?
In 2024, Way2News had a promoter holding of 94.68% and a public holding of 5.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Way2News?
Way2News has a workforce of 309 employees as of Nov 27, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Way2News, 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 Way2News's trajectory.
Rating
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
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.
