Wortgage Finance Private Limited

Provides retail loan products to customers.

2019 | Bangaluru, Karnataka (India) | Active
Last Updated: December 19, 2024

Wortgage Finance Profile

Key Indicators

  • Authorised Capital ₹ 9.60 Cr
  • Paid Up Capital ₹ 9.56 Cr
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 212.45 Cr
  • Satisfied Charges ₹ 32.01 Cr
  • Revenue Growth 579.31%
  • Profit Growth 114.23%
  • Ebitda 791.53%
  • Net Worth 164.58%
  • Total Assets 184.44%

About Wortgage Finance

Wortgage Finance Private Limited (WFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 15 March 2019 (Five years and 11 months 2 days old ). 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 9.60 Cr and a paid-up capital of Rs 9.56 Cr.

The company currently has active open charges totaling ₹212.45 Cr. The company has closed loans amounting to ₹32.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vishal Chopra, Himanshu Gupta, and Rajiv Duggal serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    wortgagefinance.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65990KA2019PTC122446

  • Company No.

    122446

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 2019

  • Date of AGM

    30 Sep 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 Wortgage Finance?

Board Members (3)

Name Designation Appointment Date Status
Vishal Chopra Country flag representing In Director 15-Mar-2019 Current
Rajiv Duggal Country flag representing In Director 09-May-2019 Current
Himanshu Gupta Country flag representing In Director 15-Mar-2019 Current

Financial Performance of Wortgage Finance.

Wortgage Finance Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 579.31% increase. The company also saw a substantial improvement in profitability, with a 114.23% increase in profit. The company's net worth Soared by an impressive increase of 164.58%.

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
579.31%
Revenue from Operations
640.52%
Total Assets
184.44%
Profit or Loss
114.23%
Net Worth
164.58%
EBITDA
791.53%

What is the Ownership and Shareholding Structure of Wortgage Finance?

In 2021, Wortgage Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹212.45 Cr

Satisfied Charges

₹32.01 Cr

Charges Breakdown by Lending Institutions

  • Others : 212.45 Cr

Latest Charge Details

Date Lender Amount Status
30 Oct 2024 Others ₹8.00 Cr Open
28 Sep 2024 Others ₹10.00 Cr Open
26 Sep 2024 Others ₹8.00 Cr Open
31 Jul 2024 Others ₹10.00 Cr Open
03 Jul 2024 Others ₹10.00 Cr Open

How Many Employees Work at Wortgage Finance?

Wortgage Finance has a workforce of 605 employees as of Mar 29, 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 Wortgage Finance, 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 Wortgage Finance'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 Wortgage Finance

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 8.00 Cr with Charge ID 101002231 was registered on 30 Oct 2024.

    30 Oct 2024

  • Annual General Meeting

    Wortgage Finance Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100992697 was registered on 28 Sep 2024.

    28 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100986122 was registered on 26 Sep 2024.

    26 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100966315 was registered on 31 Jul 2024.

    31 Jul 2024

  • Charges

    A charge registered on 10 Mar 2022 via Charge ID 100554321 with Others was fully satisfied on 10 Jul 2024.

    10 Jul 2024

Frequently asked questions

  • Wortgage Finance Private Limited was incorporated on 15 Mar 2019.

  • The authorized share capital of Wortgage Finance Private Limited is ₹ 9.60 Cr and paid-up capital is ₹ 9.56 Cr.

  • Currently 3 directors are associated with Wortgage Finance Private Limited.

    • Vishal Chopra
    • Himanshu Gupta
    • Rajiv Duggal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wortgage Finance Private Limited is No.251 Second Floor 17Th Cross 5Th Main 6Th Sector, Hsr La Yout India, Bangalore, Karnataka, 560102.

  • The corporate identification number (CIN) of Wortgage Finance Private Limited is U65990KA2019PTC122446 and the company number is 122446 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wortgage Finance Private Limited is https://www.wortgagefinance.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Wortgage Finance Private Limited has risen by 579.31%.

  • As Per 2022 financial reports, 605 employees are currently employed by Wortgage Finance Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Wortgage Finance Private Limited has experienced an upsurge of 164.58%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Wortgage Finance Private Limited amount to ₹ 212.45 Cr.

  • The most recent Balance Sheet for Wortgage Finance Private Limited was filed with the ROC on 31 Mar 2024.