Way2Wealth Enterprises Private Limited

Founded in 2017 and headquartered in Andhra Pradesh, India.

2017 | Krishna, Andhra Pradesh (India) | Active
Last Updated: June 23, 2024

Way2Wealth Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -100.63%
  • Profit Growth -65.91%
  • Ebitda -5186.84%
  • Net Worth -138.25%
  • Total Assets -98.31%

About Way2Wealth Enterprises

Way2wealth Enterprises Private Limited (WEPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 July 2017 (Seven years and six months 14 days old ). Its registered office is in Krishna, Andhra Pradesh, 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 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Madhugirirajasimha Bhushan, Anil Kumar, and Manjunatha Koppalolu serve as directors at the Company.

Company Details

  • Location

    Krishna, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65999AP2017PTC106315

  • Company No.

    106315

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Financial Services

Who are the key members and board of directors at Way2Wealth Enterprises?

Board Members (3)

NameDesignationAppointment DateStatus
Madhugirirajasimha Bhushan Country flag representing In Director 24-Sep-2018Current
Anil Kumar Country flag representing In Director 19-Jul-2017Current
Manjunatha Koppalolu Country flag representing In Director 19-Jul-2017Current

Financial Performance of Way2Wealth Enterprises.

Way2Wealth Enterprises Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 100.63% decrease. The company also saw a substantial fall in profitability, with a 65.91% decrease in profit. The company's net worth observed a substantial decline by a decrease of 138.25%.

Graph illustrating revenue growth over time
Graph showing 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
-100.63%
Revenue from Operations
-100.90%
Total Assets
-98.31%
Profit or Loss
-65.91%
Net Worth
-138.25%
EBITDA
-5186.84%

What is the Ownership and Shareholding Structure of Way2Wealth Enterprises?

Unlock access to Way2Wealth Enterprises's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Way2Wealth Enterprises?

Way2Wealth Enterprises has a workforce of 7 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Way2Wealth Enterprises, 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 Enterprises'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 Way2Wealth Enterprises

Recent activity within the organization

  • Annual General Meeting

    Way2Wealth Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Way2Wealth Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Director Appointment

    Madhugirirajasimha Shashi Bhushan was appointed as a Director was appointed as a Director on 24 Sep 2018 & has been associated with this company since 6 years 4 months .

    24 Sep 2018

  • Director Appointment

    Anil Kumar was appointed as a Director was appointed as a Director on 19 Jul 2017 & has been associated with this company since 7 years 6 months .

    19 Jul 2017

  • Director Appointment

    Manjunatha Mastanappa Koppalolu was appointed as a Director was appointed as a Director on 19 Jul 2017 & has been associated with this company since 7 years 6 months .

    19 Jul 2017

  • Company Incorporation

    Way2Wealth Enterprises Private Limited was registered on 19 Jul 2017 with Roc Vijayawada & aged 7 years 6 months as per MCA records.

    19 Jul 2017

Recent News, Updates & Announcement

Frequently asked questions

  • Way2Wealth Enterprises Private Limited was incorporated on 19 Jul 2017.

  • The authorized share capital of Way2Wealth Enterprises Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Way2Wealth Enterprises Private Limited.

    • Madhugirirajasimha Shashi Bhushan
    • Anil Kumar
    • Manjunatha Mastanappa Koppalolu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Way2Wealth Enterprises Private Limited is 1St Floor Om Square Plot No. 89 Muncipal, Employees Colony Near Gupta Kalyana Mandapam, Vijayawada Krishna, Andhra Pradesh, India, 520010.

  • The corporate identification number (CIN) of Way2Wealth Enterprises Private Limited is U65999AP2017PTC106315 and the company number is 106315 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Way2Wealth Enterprises Private Limited is https://www.way2wealth.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Way2Wealth Enterprises Private Limited has fallen by -100.63%.

  • As Per 2021 financial reports, 7 employees are currently employed by Way2Wealth Enterprises Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Way2Wealth Enterprises Private Limited has experienced an downturn of -138.25%.

  • The most recent Balance Sheet for Way2Wealth Enterprises Private Limited was filed with the ROC on 31 Mar 2023.