Wegrow Financial Services Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.05 Cr
- Company Age 35 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 54.50 Cr
- Satisfied Charges ₹ 1.50 Cr
- Revenue Growth 155.88%
- Profit Growth 6.26%
- Ebitda 125.74%
- Net Worth 5.14%
- Total Assets 74.85%
About Wegrow Financial Services
Wegrow Financial Services Private Limited (WFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 September 1989 and has a history of 35 years and four months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Sarawgi Fiscal Services P. Ltd.. 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 10.00 Cr and a paid-up capital of Rs 6.05 Cr.
The company currently has active open charges totaling ₹54.50 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Wegrow Financial Services Private Limited India is Kuntal Banerjee as CFO. Mrinal Mandal, Rahul Johri, Anuradha Gupta, and Three other members serve as directors at the Company.
Company Details
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Location
Kolkata, West Bengal, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U67120WB1989PTC047609
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Company No.
047609
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
20 Sep 1989
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Date of AGM
05 Aug 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Wegrow Financial Services?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kuntal Banerjee | CFO | Current | |
Bishwajit Das
|
Managing Director | 17-Sep-2022 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Tumpa Das
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Director | 13-Mar-2020 | Current |
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Rahul Johri
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Director | 25-Jul-2020 | Current |
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Mrinal Mandal
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Director | 13-Mar-2020 | Current |
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Anuradha Gupta
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Director | 13-Mar-2020 | Current |
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Chitta Barai
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Director | 26-Dec-2020 | Current |
Financial Performance of Wegrow Financial Services.
Wegrow Financial Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 155.88% increase. The company also saw a slight improvement in profitability, with a 6.26% increase in profit. The company's net worth moved up by a moderate rise of 5.14%.
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What is the Ownership and Shareholding Structure of Wegrow Financial Services?
In 2023, Wegrow Financial Services had a promoter holding of 30.11% and a public holding of 69.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Bargach Finance Private LimitedRahul Johri is a mutual person
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Asa International India Microfinance LimitedAnuradha Gupta is a mutual person
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Vector Finance Private LimitedRahul Johri is a mutual person
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Krishakupkar Livelihood Upliftment FoundationMrinal Mandal is a mutual person
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Sheathe Consulting And Marketing Llp
Rahul Johri is a mutual person
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Sheathe Insurance Brokers Llp
Rahul Johri is a mutual person
Charges (Loans)
₹54.50 Cr
₹1.50 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 29.50 Cr
- Others : 20.00 Cr
- Indian Overseas Bank : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Feb 2024 | Others | ₹3.00 Cr | Open |
| 11 Jan 2024 | Others | ₹2.00 Cr | Open |
| 27 Jul 2023 | State Bank Of India | ₹10.00 Cr | Open |
| 09 Jan 2023 | Others | ₹2.00 Cr | Open |
| 09 Jan 2023 | Others | ₹3.00 Cr | Open |
How Many Employees Work at Wegrow Financial Services?
Wegrow Financial Services has a workforce of 170 employees as of Apr 04, 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 Wegrow Financial Services, 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 Wegrow Financial Services'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.
