Startup India Government of India
Way 2 Location Digital Network Solutions Private Limited - business services in Machilipatnam, Andhra Pradesh, India. Directors, charges & compliance details.
Revenue · FY 2020
₹1.23 Lakh
▼ 2% YoY
Net loss · FY 2020
₹1,080
Net margin -0.9%
EBITDA · FY 2020
-₹1,080
EBITDA margin -0.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Brands
1
Associated brands
About Way 2 Location Digital Network Solutions Private Limited
Data last updated:
Way 2 Location Digital Network Solutions Private Limited is a private limited company based in Machilipatnam, Andhra Pradesh, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 10 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2017PTC105623.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Satish Kumar Ghanta and Sudhakar Narra.
Its last annual general meeting (AGM) was held on 26 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at D.No.8 – 7 – A Godugupeta, Machilipatnam, Andhra Pradesh, India – 521001.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.23 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹1,080 (net margin -0.9%) and EBITDA of -₹1,080 (EBITDA margin -0.9%).
The company is associated with 1 brand: eLocal Info.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website elocalinfo.com.
Company details
CIN U74999AP2017PTC105623
Registration Number 105623
Incorporation Date 10 April 2017
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Compliance Status Active Non-Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Way 2 Location Digital Network Solutions
Contact details
Way 2 Location Digital Network Solutions Private Limited's registered office is in Machilipatnam, Andhra Pradesh.
- Social Media
- Registered AddressD.No.8 – 7 – A Godugupeta, Machilipatnam, Andhra Pradesh, India – 521001
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
Comprehensive company report
Way 2 Location Digital Network Solutions Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Way 2 Location Digital Network Solutions operates one associated brand: eLocal Info. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for listing businesses and searching local services globally. | elocalinfo.com |
Business activity
The main business activity of Way 2 Location Digital Network Solutions is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Way 2 Location Digital Network Solutions Private Limited, buy the company report.
Financials of Way 2 Location Digital Network Solutions Private Limited
FY 2020 filings availableWay 2 Location Digital Network Solutions Private Limited reported revenue of ₹1.23 Lakh (down 2% YoY) for FY 2020.
Revenue · FY 2020
₹1.23 Lakh ▼ 2%
Net loss · FY 2020
₹1,080 margin -0.9%
EBITDA · FY 2020
-₹1,080 margin -0.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
EBITDA CAGR growth
1 year
▲ 95%
Revenue fell 2% in the latest year. EBITDA rose 95% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1,080 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1,080 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -0.9% | ||
| Net Profit Margin | -0.9% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Way 2 Location Digital Network Solutions Private Limited, buy the company report.
Board of directors of Way 2 Location Digital Network Solutions Private Limited
Way 2 Location Digital Network Solutions has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Kumar Ghanta | Director | 10 Apr 2017 | 9 Years 7 Months | Current |
| Sudhakar Narra | Director | 10 Apr 2017 | 9 Years 7 Months | Current |
| Naveen Veeravalli | Director | 10 Apr 2017 | 9 Years 7 Months | Current |
Peer comparison
Way 2 Location Digital Network Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bookanto Solution Private Limited | ₹1.23 Lakh (FY 2018) | Bengaluru, Karnataka, India | ||||
| Kamadgiripay Nidhi Limited | ₹1.23 Lakh (FY 2022) | 168.0% | Rewa, Madhya Pradesh, India | |||
| Pyramid Investment Company Ltd. | ₹1.23 Lakh (FY 2023) | -11.0% | Kolkata, West Bengal, India | |||
| Asp Gayness Tech Private Limited | ₹1.23 Lakh (FY 2016) | 143.0% | Delhi, India | |||
| Eduonboard Admits (OPC) Private Limited | ₹1.23 Lakh (FY 2025) | -20.0% | Thane, Maharashtra, India | |||
| Way 2 Location Digital Network Solutions Private Limitedthis company | ₹1.23 Lakh (FY 2020) | -₹1,080 | -0.9% | -2.0% | Machilipatnam, Andhra Pradesh, India | |
| Sportsnu Management (OPC) Private Limited | ₹1.23 Lakh (FY 2018) | 23.0% | New Delhi, Delhi, India | |||
| Pranzo Foods Private Limited | ₹1.22 Lakh (FY 2019) | Pune, Maharashtra, India | ||||
| Brandwin.In Private Limited | ₹1.22 Lakh (FY 2023) | Gandhipuram, Tamil Nadu, India | ||||
| Conquer Advisory Services Private Limited | ₹1.22 Lakh (FY 2019) | 388.0% | Hubli, Karnataka, India | |||
| Pakkaprofile Psychometrics Private Limited | ₹1.22 Lakh (FY 2024) | -97.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Way 2 Location Digital Network Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Way 2 Location Digital Network Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Way 2 Location Digital Network Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Way 2 Location Digital Network Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Way 2 Location Digital Network Solutions Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Naveen Veeravalli was appointed as Director on 10 Apr 2017.
AGM
Way 2 Location Digital Network Solutions Private Limited last Annual general meeting of members was held on 26 Sep 2020 as per latest MCA records.
Filing
Way 2 Location Digital Network Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Vijayawada.
Appointed
Naveen Veeravalli was appointed as Director.
Appointed
Satish Kumar Ghanta was appointed as Director.
Appointed
Sudhakar Narra was appointed as Director.
Incorporation
10 Apr 2017
Way 2 Location Digital Network Solutions Private Limited was registered on 10 Apr 2017 with Roc Vijayawada & aged 9 years 7 months as per MCA records.
Frequently asked questions
Way 2 Location Digital Network Solutions is an active private limited company based in Machilipatnam, Andhra Pradesh, India. The company works in other services, within the business services industry. It was incorporated on 10 April 2017 (9+ years old) and is registered under CIN U74999AP2017PTC105623.
Way 2 Location Digital Network Solutions has 3 current directors:
- Satish Kumar Ghanta - Director
- Sudhakar Narra - Director
- Naveen Veeravalli - Director
The latest financial statements of Way 2 Location Digital Network Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 26 September 2020. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Way 2 Location Digital Network Solutions is U74999AP2017PTC105623. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Way 2 Location Digital Network Solutions was incorporated on 10 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Way 2 Location Digital Network Solutions by revenue are Bookanto Solution Private Limited, Kamadgiripay Nidhi Limited, Pyramid Investment Company Ltd, Asp Gayness Tech Private Limited, Eduonboard Admits (OPC) Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Naveen Veeravalli was appointed as Director on 10 Apr 2017. Satish Kumar Ghanta was appointed as Director on 10 Apr 2017. Sudhakar Narra was appointed as Director on 10 Apr 2017.
Yes, Way 2 Location Digital Network Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Way 2 Location Digital Network Solutions can be reached through the website elocalinfo.com. Its registered office is in Machilipatnam, Andhra Pradesh, India.
The registered office of Way 2 Location Digital Network Solutions is at D.No.8 – 7 – A Godugupeta, Machilipatnam, Andhra Pradesh, India – 521001.
Way 2 Location Digital Network Solutions operates in the business services industry, in the other services segment.
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