Way2Wealth Insurance Brokers Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 21 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 20.25%
- Profit Growth 108.64%
- Ebitda -52.87%
- Net Worth 21.99%
- Total Assets 32.69%
About Way2Wealth Insurance Brokers
Way2wealth Insurance Brokers Private Limited (WIBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 May 2003 and has a history of 21 years and nine months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Total Insurance Brokers Private Limited. 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Venkatesh Badithe and Shantanu Bharadwaj 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
U66010KA2003PTC032003
- Company No.
032003
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 May 2003
- Date of AGM
26 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Who are the key members and board of directors at Way2Wealth Insurance Brokers?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shantanu Bharadwaj  | Director | 10-Dec-2011 | Current |
| Venkatesh Badithe | Director | 23-Nov-2007 | Current |
Financial Performance of Way2Wealth Insurance Brokers.
Way2Wealth Insurance Brokers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 20.25% increase. The company also saw a substantial improvement in profitability, with a 108.64% increase in profit. The company's net worth Soared by an impressive increase of 21.99%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Way2Wealth Insurance Brokers?
Unlock access to Way2Wealth Insurance Brokers'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.
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Way2Wealth Insurance Brokers?
Way2Wealth Insurance Brokers has a workforce of 84 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Way2Wealth Insurance 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 Insurance 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.
Latest Updates, News, and FAQs on Way2Wealth Insurance Brokers
Recent activity within the organization
- Annual General Meeting
Way2Wealth Insurance Brokers Private Limited last Annual general meeting of members was held on 26 Aug 2024 as per latest MCA records.
- Balance Sheet
Way2Wealth Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Shantanu Ragavan Bharadwaj was appointed as a Director was appointed as a Director on 10 Dec 2011 & has been associated with this company since 13 years 2 months .
- Director Appointment
Venkatesh Nagaraj Badithe was appointed as a Director was appointed as a Director on 23 Nov 2007 & has been associated with this company since 17 years 3 months .
- Company Incorporation
Way2Wealth Insurance Brokers Private Limited was registered on 27 May 2003 with Roc Bangalore & aged 21 years 9 months as per MCA records.
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 Insurance Brokers Private Limited?
Way2Wealth Insurance Brokers Private Limited was incorporated on 27 May 2003.
What is authorized share capital and paid-up capital of Way2Wealth Insurance Brokers Private Limited?
The authorized share capital of Way2Wealth Insurance Brokers Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Way2Wealth Insurance Brokers Private Limited?
Currently 2 directors are associated with Way2Wealth Insurance Brokers Private Limited.
- Venkatesh Nagaraj Badithe
- Shantanu Ragavan Bharadwaj
What is the registered address of Way2Wealth Insurance Brokers Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Way2Wealth Insurance Brokers Private Limited is Rukmini Towers 2Nd Floor 3/1, Platform Road India, Bangalore North, Karnataka, 560020.
What is the corporate identification number (CIN) and company number of Way2Wealth Insurance Brokers Private Limited?
The corporate identification number (CIN) of Way2Wealth Insurance Brokers Private Limited is U66010KA2003PTC032003 and the company number is 032003 as per Ministry of Corporate Affairs (MCA).
What is the official website of Way2Wealth Insurance Brokers Private Limited?
The Official website of Way2Wealth Insurance Brokers Private Limited is https://www.way2wealth.com
What has been the recent revenue trend for Way2Wealth Insurance Brokers Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Way2Wealth Insurance Brokers Private Limited has risen by 20.25%.
How many employees does Way2Wealth Insurance Brokers Private Limited currently have?
As Per 2022 financial reports, 84 employees are currently employed by Way2Wealth Insurance Brokers Private Limited.
What change has been observed in the net worth of Way2Wealth Insurance Brokers Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Way2Wealth Insurance Brokers Private Limited has experienced an upsurge of 21.99%.
When was the last Balance Sheet of Way2Wealth Insurance Brokers Private Limited filed with the ROC?
The most recent Balance Sheet for Way2Wealth Insurance Brokers Private Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
Krishnamurhty SubbaraoDirector
Amitha SubramanyaDirector
Amit GuptaDirectorVK
Vidhulur KrishnamurthyDirectorSD
Subramanian DoraiswamyDirectorSB
Srinath BelisaraeDirector
Similar Companies Based on Insurance Brokerage & Advisory
Prudent Insurance Brokers Private Limited Mumbai, Maharashtra, India
Maruti Suzuki Insurance Broking Private Limited Delhi, India
Marsh India Insurance Brokers Private Limited. Mumbai, Maharashtra, India
Bluechip Insurance Broking Private Limited Mumbai, Maharashtra, India
Mahindra Insurance Brokers Limited Mumbai, Maharashtra, India
Medi Assist Insurance Tpa Private Limited Bangalore, Karnataka, India
Edme Insurance Brokers Limited Junagadh, Gujarat, India
K M Dastur Reinsurance Brokers Private Limited Mumbai, Maharashtra, India