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Way2Wealth Insurance Brokers Location T. Score Peers
Financials
People Network Registered Details

WAY2WEALTH INSURANCE BROKERS PRIVATE LIMITED

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Active
Updated: 21 Oct 2024

Way2Wealth Insurance Brokers Private Limited, is an unlisted private company incorporated on 27 May, 2003. It is classified as a private limited company and is located in Bangalore, Karnataka. It's authorized share capital is INR 1.00 cr and the total paid-up capital is INR 1.00 cr.

Way2Wealth Insurance Brokers's operating revenue range is INR 1 cr - 100 cr for the financial year ending on 31 March, 2023. It's EBITDA has decreased by 198.78% over the previous year. At the same time, it's book networth has decreased by 25.58%.

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Industry

Insurance
Products
  • Financial Advisory, brokerage and Consultancy Services, Insurance brokerage and agency services
Key Metrics

** All rupee values in INR crores. Based on March 2023 numbers.

Sales
11.56%
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EBITDA
-198.78%
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Net Profit
-240.07%
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Networth
-25.58%
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Borrowings
-
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Assets
15.43%
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Gross Margin
-
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Operating Margin
-17.73
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Net Profit Margin
-13.53
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Return on Equity
-51.66
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ROCE
-76.41
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Debt to Equity
-
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Sales
Mar 2023
Net worth
Mar 2023

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* GST not included

** Reports & MCA filings will be based on the latest available financials.

Locations

indian flag India (12)
State Type Address

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Risk

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  • No risks identified
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Low Risk
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About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Peers / Similar Companies

Coverfox Insurance Broking Private Limited Maharashtra
Quickinsure Insurance Brokers Private Limited Maharashtra
Park Mediclaim Insurance Tpa Private Limited Delhi
Genworth Financial India Private Limited Delhi

Peers

Financial Highlights

** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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Networth
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Margins

Gross margin
Operating margin
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Balance Sheet

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** All numbers in INR crores
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Total assets

Profit & Loss

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** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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Revenue from operations

Ratios

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
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Ratios

Current ratio
Debt/equity ratio

People

Designation Name DIN/PAN Tenure
Whole-time Director Badithe Nagaraj Venkatesh 00110011 17 years
Director Amit Sankar Gupta 00421673 3 years
Whole-time Director Shantanu Ragavan Bharadwaj 03488199 13 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
INSIGHT SOFTWARE MANAGEMENT SERVICES PRIVATE LIMITED
Active
1.1 Cr 1 West Bengal
SHRIRAM FINANCIAL PRODUCTS SOLUTIONS (CHENNAI) PRIVATE LIMITED
Amalgamated
1.0 Cr 1 Tamil Nadu
INSIGHT COMMODITIES & FUTURES PRIVATE LIMITED
Amalgamated
87.2 L 1 Tamil Nadu
SEA FUNDS MANAGEMENT INDIA PRIVATE LIMITED
Active
1.1 Cr 1 Karnataka
NOVAC DIGITAL SERVICES PRIVATE LIMITED
Active
10.0 L 1 Tamil Nadu
SHRIRAM WEALTH LIMITED
Active
7.0 Cr 1 Tamil Nadu
WAY2WEALTH BROKERS PRIVATE LIMITED
Active
47.5 Cr 1 Karnataka
SHRIRAMFORTUNE SOLUTIONS LIMITED
Active
9.4 Cr 1 Tamil Nadu
SHRIRAM INSIGHT SHARE BROKERS LIMITED
Active
3.5 Cr 1 Tamil Nadu
WAY2WEALTH SECURITIES PRIVATE LIMITED
Amalgamated
47.5 Cr 1 Karnataka

Registered Details

CIN

U66010KA2003PTC032003

PAN

AABCT8657Q

Incorporation

2003, 21.6 years

Company Email

compliance@way2wealth.com

Paid up Capital

₹ 1.0 Cr

Authorised Capital

₹ 1.0 Cr

AGM

Aug 2024

Type

Private
Non-government Company

Last Balance Sheet Date

Mar 2024 Updated on : 21 Oct 2024
* This is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - WAY2WEALTH INSURANCE BROKERS PRIVATE LIMITED

What is the incorporation date of WAY2WEALTH INSURANCE BROKERS PRIVATE LIMITED?

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The incorporation date of WAY2WEALTH INSURANCE BROKERS PRIVATE LIMITED is 27 May, 2003

What is the authorized share capital of WAY2WEALTH INSURANCE BROKERS PRIVATE LIMITED?

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The authorized share capital of WAY2WEALTH INSURANCE BROKERS PRIVATE LIMITED is INR ₹ 1.0 Cr.

What is the paid-up capital of WAY2WEALTH INSURANCE BROKERS PRIVATE LIMITED?

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The paid-up capital of WAY2WEALTH INSURANCE BROKERS PRIVATE LIMITED is INR ₹ 1.0 Cr.

What is the registered address of WAY2WEALTH INSURANCE BROKERS PRIVATE LIMITED?

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The registered address of WAY2WEALTH INSURANCE BROKERS PRIVATE LIMITED is RUKMINI TOWERS, 2ND FLOOR 3/1, PLATFORM ROAD Seshadripuram Bangalore North Bangalore Karnataka - 560020

What is the CIN number of WAY2WEALTH INSURANCE BROKERS PRIVATE LIMITED?

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The CIN number of WAY2WEALTH INSURANCE BROKERS PRIVATE LIMITED is U66010KA2003PTC032003.

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