Way2Wealth Brokers Profile
Key Indicators
- Authorised Capital ₹ 70.00 Cr
- Paid Up Capital ₹ 47.50 Cr
- Company Age 24 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 47.00 Cr
- Satisfied Charges ₹ 68.00 Cr
- Revenue Growth -20.07%
- Profit Growth -495.72%
- Ebitda -149.90%
- Net Worth -6.02%
- Total Assets -23.55%
About Way2Wealth Brokers
Way2wealth Brokers Private Limited (WBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 August 2000 and has a history of 24 years and six months. 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 70.00 Cr and a paid-up capital of Rs 47.50 Cr.
The company currently has active open charges totaling ₹47.00 Cr. The company has closed loans amounting to ₹68.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Way2wealth Brokers Private Limited India are Trina Nandi as COMPANY SECRETARY and Shridhar Gargeshwari as Ceo. Shridhar Gargeshwari, Amit Gupta, Gentil Augustine, and Two other members 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
U67120KA2000PTC027628
- Company No.
027628
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
16 Aug 2000
- Date of AGM
26 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Way2Wealth Brokers?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Trina Nandi | Company Secretary | 04-Aug-2023 | Current |
| Shridhar Gargeshwari | CEO | 31-Aug-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manjit Singh  | Director | 28-Jun-2021 | Current |
| Amit Gupta | Director | 29-Dec-2020 | Current |
| Shridhar Gargeshwari | Whole-Time Director | 29-Dec-2020 | Current |
| Gentil Augustine | Whole-Time Director | 28-Jun-2021 | Current |
| Saleem Ali | Director | 08-Feb-2022 | Current |
Financial Performance of Way2Wealth Brokers.
Way2Wealth Brokers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.07% decrease. The company also saw a substantial fall in profitability, with a 495.72% decrease in profit. The company's net worth dipped by a decrease of 6.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Way2Wealth Brokers?
In 2023, Way2Wealth Brokers had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shriram Wealth LimitedAmit Gupta is a mutual person
Edelweiss Asset Management LimitedManjit Singh is a mutual person
Shriram Insight Share Brokers LimitedAmit Gupta is a mutual person
Shriramfortune Solutions LimitedAmit Gupta, Saleem Ali and 1 more are mutual person
Sea Funds Management India Private LimitedAmit Gupta is a mutual person
Novac Digital Services Private LimitedAmit Gupta is a mutual person
Charges (Loans)
₹47.00 Cr
₹68.00 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 47.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Nov 2021 | Axis Bank Limited | ₹47.00 Cr | Open |
| 04 Jan 2019 | Hdfc Bank Limited | ₹10.00 Cr | Satisfied |
| 29 Jan 2013 | Hdfc Bank Limited | ₹5.00 Cr | Satisfied |
| 17 Sep 2012 | The Karnataka Bank Limited | ₹20.00 Cr | Satisfied |
| 02 Jan 2012 | Idbi Trusteeship Services Limited | ₹30.00 Cr | Satisfied |
How Many Employees Work at Way2Wealth Brokers?
Way2Wealth Brokers has a workforce of 338 employees as of Apr 09, 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 Way2Wealth Brokers, 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 Way2Wealth Brokers'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.
