Way2Wealth Commodities Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 18 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 32.00 Cr
- Revenue Growth -69.42%
- Profit Growth -148.71%
- Ebitda -84.18%
- Net Worth -3.17%
- Total Assets -66.42%
About Way2Wealth Commodities
Way2wealth Commodities Private Limited (WCPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 July 2006 and has a history of 18 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 1.50 Cr and a paid-up capital of Rs 1.50 Cr.
The company has closed loans amounting to ₹32.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Madhugirirajasimha Bhushan, Deepak Alampalli, and Vinay Tiwary 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
U51229KA2006PTC039880
- Company No.
039880
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Jul 2006
- 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 Commodities?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Madhugirirajasimha Bhushan  | Director | 28-Nov-2014 | Current |
| Deepak Alampalli | Director | 05-Mar-2014 | Current |
| Vinay Tiwary | Director | 22-Feb-2019 | Current |
Financial Performance of Way2Wealth Commodities.
Way2Wealth Commodities Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 69.42% decrease. The company also saw a substantial fall in profitability, with a 148.71% decrease in profit. The company's net worth dipped by a decrease of 3.17%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Way2Wealth Commodities?
In 2022, Way2Wealth Commodities had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shriram Wealth LimitedMadhugirirajasimha Bhushan is a mutual person
Way2wealth Enterprises Private LimitedMadhugirirajasimha Bhushan is a mutual person
Shriramfortune Solutions LimitedMadhugirirajasimha Bhushan is a mutual person
Sea Funds Management India Private LimitedMadhugirirajasimha Bhushan is a mutual person
Shriram Credit Company LimitedMadhugirirajasimha Bhushan is a mutual person
Charges (Loans)
₹0
₹32.00 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 30.00 Cr
- The Karnataka Bank Limited : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Sep 2012 | The Karnataka Bank Limited | ₹2.00 Cr | Satisfied |
| 02 Jan 2012 | Idbi Trusteeship Services Limited | ₹30.00 Cr | Satisfied |
How Many Employees Work at Way2Wealth Commodities?
Way2Wealth Commodities has a workforce of 4 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 Commodities, 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 Commodities'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.
