Phonepe Wealth Private Limited - Company Profile

It is a financial services private limited company based in Bengaluru, Karnataka, India, established in 2018.

2018 Bengaluru, Karnataka, India Dissolved Under Section 59(8)

Last Updated: July 24, 2025

About Phonepe Wealth Private Limited

Phonepe Wealth Private Limited, a dissolved under section 59(8) private limited company, was established on 15 November 2018 in Bengaluru, Karnataka, India. Engaging in financial product distributors within the financial and insurance service sector, it holds CIN: U65990KA2018PTC118559. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹50.00 Cr and a paid-up capital of ₹20.06 Cr.

Formerly known as Phonepe Wealth Services Private Limited. It upholds a compliant status. Employing 16 professional, Its leadership includes Ganesh Pai Panduranga (Irp/Rp/Liquidator), Ullal Jayanth Kini (Director), Prakash Namdev (Director). Past directors included Deep Agrawal, Nilesh Datta Naik, Raj Ratnam Trivedi. Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at Office-2, Floor 4,5,6,7,Wing A, Block A,Salarpuria Softzone,Service Road,Green Glen Layout,, Bellandur,, Bengaluru, Karnataka, 560103.

Company Details

CIN/LLPIN
U65990KA2018PTC118559
Registration Number
118559
Incorporation Date
15 November 2018
Authorized Capital
₹50.00 Cr
Paid-Up Capital
₹20.06 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Dissolved Under Section 59(8)

Key Metrics

Authorised Capital ₹ 50.00 Cr as on 24-07-2025
Paid Up Capital ₹ 20.06 Cr as on 24-07-2025
Company Age 7 Year, 3 Months
Last Filing with ROC 31 Mar 2022
Revenue Growth **** -100.00% (FY 2022)
Profit Growth **** -32.70% (FY 2022)
Ebitda **** 100.00% (FY 2022)
Net Worth -98.98% (FY 2022)
Total Assets -98.27% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Phonepe Wealth Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Phonepe Wealth Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Ganesh Pai Panduranga	Irp/Rp/Liquidator	02 May 2023	Current
Ullal Jayanth Kini	Director	29 Mar 2023	Current
Prakash Namdev	Director	29 Mar 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	20 Jul 2020	Past
Pramod Abcsdd	Additional Director	07 Oct 2021	Past
Pramod Abcsdd	Whole-Time Director	23 Nov 2021	Past
Pramod Abcsdd	Additional Director	30 Sep 2019	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Whole-Time Director	01 Jan 2022	Past

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Financial Performance of Phonepe Wealth.

Phonepe Wealth Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 32.7% decrease in profit. The company's net worth observed a substantial decline by a decrease of 98.98%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

-100.00%

*******

Revenue from Operations

*******

-100.00%

*******

Total Assets

*******

-98.27%

*******

Profit or Loss

*******

-32.70%

*******

Net Worth

*******

-98.98%

*******

EBITDA

*******

100.00%

*******

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What is the Ownership and Shareholding Structure of Phonepe Wealth?

In 2022, Phonepe Wealth 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 Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Phonepe Wealth?

Phonepe Wealth has a workforce of 16 employees as of Apr 08, 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.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Phonepe Wealth, 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 Phonepe Wealth'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.

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Latest Updates, News, and FAQs on Phonepe Wealth

Recent Activity within the Organization

Director Appointment

Progress on Ganesh Pai Panduranga was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 02 May 2023 & has been associated with this company since 2 years 10 months . was documented.
02 May 2023
Director Appointment

Progress on Ullal Jayanth Kini was appointed as a Director was appointed as a Director on 29 Mar 2023 & has been associated with this company since 2 years 11 months . was documented.
29 Mar 2023
Director Appointment

The activity Prakash Namdev was appointed as a Director was appointed as a Director on 29 Mar 2023 & has been associated with this company since 2 years 11 months . was completed.
29 Mar 2023
Annual General Meeting

The activity Phonepe Wealth Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was completed.
30 Sep 2022
Balance Sheet

Progress on Phonepe Wealth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore. was documented.
31 Mar 2022
Company Incorporation

Progress on Phonepe Wealth Private Limited was registered on 15 Nov 2018 with Roc Bangalore & aged 7 years 3 months as per MCA records. was documented.
15 Nov 2018

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