Way2Wealth Distributors Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 23 Year, 3 Months
- Last Filing with ROC 31 Mar 2018
- Satisfied Charges ₹ 30.00 Cr
- Revenue Growth -99.16%
- Profit Growth -7.12%
- Ebitda -40.17%
- Net Worth -1338.12%
- Total Assets -85.06%
About Way2Wealth Distributors
Way2wealth Distributors Private Limited (WDPL) is Amalgamated company established on 19 Dec 2001 with its office registered at Bangaluru, Karnataka, India and has been running since 23 Year, 3 Months with a paid up capital of 2.50 M. According to MCA records, 2 Directors are linked to this company as of 17 Jan 2025.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U70101KA2001PTC029910
- Company No.
029910
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Dec 2001
- Date of AGM
25 Sep 2018
- Date of Balance Sheet
31 Mar 2018
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Way2wealth Distributors Private Limited
Explore comprehensive data for Way2wealth Distributors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Way2Wealth Distributors?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Kumar  | Director | 08-Aug-2016 | Current |
| Manjunatha Koppalolu | Director | 07-Oct-2014 | Current |
Financial Performance of Way2Wealth Distributors.
Way2Wealth Distributors Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 99.16% decrease. The company also saw a slight decrease in profitability, with a 7.12% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1338.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Way2Wealth Distributors?
In 2017, Way2Wealth Distributors 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)
- Way2wealth Enterprises Private Limited
Anil Kumar and Manjunatha Koppalolu are mutual person
- Way2wealth Capital Private Limited
Anil Kumar is a mutual person
Illuminati Trading Private LimitedManjunatha Koppalolu is a mutual person
Calculus Traders LlpAnil Kumar is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹300.00 M
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 30.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jan 2012 | Idbi Trusteeship Services Limited | ₹30.00 Cr | Satisfied |
How Many Employees Work at Way2Wealth Distributors?
Way2Wealth Distributors has a workforce of 4 employees as of Mar 31, 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 Distributors, 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 Distributors'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.
Latest Updates, News, and FAQs on Way2Wealth Distributors
Recent activity within the organization
- Annual General Meeting
Way2Wealth Distributors Private Limited last Annual general meeting of members was held on 25 Sep 2018 as per latest MCA records.
- Balance Sheet
Way2Wealth Distributors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore.
- Director Appointment
Anil Kumar was appointed as a Director was appointed as a Director on 08 Aug 2016 & has been associated with this company since 8 years 8 months .
- Charges
A charge registered on 02 Jan 2012 via Charge ID 10332277 with Idbi Trusteeship Services Limited was fully satisfied on 04 May 2016.
- Director Appointment
Manjunatha Mastanappa Koppalolu was appointed as a Director was appointed as a Director on 07 Oct 2014 & has been associated with this company since 10 years 6 months .
- Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 300.00 M with Charge ID 10332277 was registered on 02 Jan 2012.
Recent News, Updates & Announcement
Buy USDINR Around 68.40; target of 69.10: Way2Wealth.Way2Wealth has come out with its report on currencies. According to the research firm, one can Buy USDINR Around 68.40 for the target of 69.10 with a stop loss of 68.10..
Frequently asked questions
What is the Incorporation or founding date of Way2Wealth Distributors Private Limited?
Way2Wealth Distributors Private Limited was incorporated on 19 Dec 2001.
What is authorized share capital and paid-up capital of Way2Wealth Distributors Private Limited?
The authorized share capital of Way2Wealth Distributors Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.
Who are the current board members & directors of Way2Wealth Distributors Private Limited?
Currently 2 directors are associated with Way2Wealth Distributors Private Limited.
- Anil Kumar
- Manjunatha Mastanappa Koppalolu
What is the registered address of Way2Wealth Distributors Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Way2Wealth Distributors Private Limited is Groun Floor Frontline Grandeur No.14 Walton Road, India, Bangalore, Karnataka, 560001.
What is the corporate identification number (CIN) and company number of Way2Wealth Distributors Private Limited?
The corporate identification number (CIN) of Way2Wealth Distributors Private Limited is U70101KA2001PTC029910 and the company number is 029910 as per Ministry of Corporate Affairs (MCA).
What is the official website of Way2Wealth Distributors Private Limited?
The Official website of Way2Wealth Distributors Private Limited is https://www.way2wealth.com
What has been the recent revenue trend for Way2Wealth Distributors Private Limited?
According to the financial reports for the fiscal year 2018, the revenue trend for Way2Wealth Distributors Private Limited has fallen by -99.16%.
How many employees does Way2Wealth Distributors Private Limited currently have?
As Per 2018 financial reports, 4 employees are currently employed by Way2Wealth Distributors Private Limited.
What change has been observed in the net worth of Way2Wealth Distributors Private Limited, and by what percentage?
The financial reports for the fiscal year 2018 indicates that The net worth of Way2Wealth Distributors Private Limited has experienced an downturn of -1338.12%.
When was the last Balance Sheet of Way2Wealth Distributors Private Limited filed with the ROC?
The most recent Balance Sheet for Way2Wealth Distributors Private Limited was filed with the ROC on 31 Mar 2018.
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