Way 2 Serve Microfinance Private Limited
About Way 2 Serve Microfinance Private Limited
Data last updated:
Way 2 Serve Microfinance Private Limited is a private not for profit company based in Jodhpur, Rajasthan, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 12 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U65999RJ2011NPL036174.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajendra Kumar Pungalia and Rohit Pungalia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Jodhpur, Rajasthan.
As per the financials filed for FY 2023, the company reported a revenue of ₹27.33 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹86,060 (net margin 3.1%) and EBITDA of ₹4.26 Lakh (EBITDA margin 15.6%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹5.87 Cr on record. Court records list 211 cases involving the company, including 211 filed by the company; 181 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Way 2 Serve Microfinance Private Limited's registered office is in Jodhpur, Rajasthan. Its e-mail address is in the company report.
- Email
- Registered AddressC/Oaashirwad58Narpatnagaropp.Shyamrestaurantlane Palroad Nand, Anvan, Jodhpur, Rajasthan, India – 342001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Way 2 Serve Microfinance Private Limited, buy the company report.
- 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
Business activity
The main business activity of Way 2 Serve Microfinance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Way 2 Serve Microfinance Private Limited, buy the company report.
Financials of Way 2 Serve Microfinance Private Limited
FY 2025 filings availableWay 2 Serve Microfinance Private Limited reported revenue of ₹27.33 Lakh (up 13% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 6% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹4.26 Lakh | ||||
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| Net Profit (PAT) | ₹86,060 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 15.6% | ||||
| Net Profit Margin | 3.1% | ||||
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To see the full financial statements and ratios of Way 2 Serve Microfinance Private Limited, buy the company report.
Board of directors of Way 2 Serve Microfinance Private Limited
Way 2 Serve Microfinance has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Kumar Pungalia | Director | 12 Aug 2011 | 15 Years 2 Months | Current |
| Rohit Pungalia | Director | 12 Aug 2011 | 15 Years 2 Months | Current |
Peer comparison
Way 2 Serve Microfinance Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vettri Nidhi Limited | ₹27.35 Lakh (FY 2025) | 51.0% | Nagercoil, Tamil Nadu, India | |||
| Akshay Urban Multiple Nidhi Limited | ₹27.34 Lakh (FY 2022) | 74.0% | Aurangabad, Maharashtra, India | |||
| Newways Agencies Private Limited | ₹27.34 Lakh (FY 2021) | -63.0% | Kolkata, West Bengal, India | |||
| Sufala Mutual Benefit Nidhi Limited | ₹27.34 Lakh (FY 2020) | 5143.0% | Varanasi, Uttar Pradesh, India | |||
| Way 2 Serve Microfinance Private Limitedthis company | ₹27.33 Lakh (FY 2023) | ₹86,060 | 3.1% | 13.0% | Jodhpur, Rajasthan, India | |
| Kothari Trade Investments Private Limited | ₹27.28 Lakh (FY 2025) | -47.0% | Chandigarh, India |
To see the full peer comparison of Way 2 Serve Microfinance Private Limited, buy the company report.
Auditor
Way 2 Serve Microfinance Private Limited is audited by A C G C & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A C G C & ASSOCIATES | FY 2018 | 017642C |
Shareholding
The shareholding of Way 2 Serve Microfinance Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Way 2 Serve Microfinance Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2019 | 100309063 | Uco Bank | ₹12.4 Lakh | Open | |
| 31 Oct 2013 | 10461064 | Mas Financial Services Limited | ₹1 Cr | Open | |
| 07 Mar 2013 | 10412662 | Mas Financial Services Limited | ₹1.5 Cr | Open | |
| 01 Jan 2013 | 10399989 | Mas Financial Services Limited | ₹75 Lakh | Open | |
| 30 Nov 2012 | 10392089 | Mas Financial Services Limited | ₹75 Lakh | Open |
Total charge records: 8 View all charges
Legal cases
Way 2 Serve Microfinance Private Limited has 211 court cases on record: 211 filed by Way 2 Serve Microfinance. 181 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 211 | 0 | 181 |
Cases on record (5 of 211)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jodhpur Metro, Rajasthan | Criminal case | Filed by the company against Madan Lal | Pending |
| District court, Jodhpur Metro, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Jodhpur Metro, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Jodhpur Metro, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
| District court, Jodhpur Metro, Rajasthan | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Way 2 Serve Microfinance Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Way 2 Serve Microfinance 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 Serve Microfinance Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Way 2 Serve Microfinance Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Madhu Pungalia ceased to be Director on 23 Apr 2019.
2 earlier events are in the company report.
Frequently asked questions
Way 2 Serve Microfinance is an active private not for profit company based in Jodhpur, Rajasthan, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 12 August 2011 (15+ years old) and is registered under CIN U65999RJ2011NPL036174.
Way 2 Serve Microfinance has 2 current directors:
- Rajendra Kumar Pungalia - Director
- Rohit Pungalia - Director
The latest financial statements of Way 2 Serve Microfinance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Way 2 Serve Microfinance is U65999RJ2011NPL036174. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Way 2 Serve Microfinance has 211 court cases on record: 211 filed by the company. 181 are pending.
Way 2 Serve Microfinance was incorporated on 12 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Way 2 Serve Microfinance by revenue are Vettri Nidhi Limited, Akshay Urban Multiple Nidhi Limited, Newways Agencies Private Limited, Sufala Mutual Benefit Nidhi Limited, Kothari Trade Investments Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Madhu Pungalia ceased to be Director on 23 Apr 2019. Rajendra Kumar Pungalia was appointed as Director on 12 Aug 2011. Rohit Pungalia was appointed as Director on 12 Aug 2011.
The registered office of Way 2 Serve Microfinance is at COaashirwad58Narpatnagaropp.Shyamrestaurantlane Palroad Nand, Anvan, Jodhpur, Rajasthan, India – 342001.
Way 2 Serve Microfinance operates in the financial services industry, in the diversified financial services segment.
Way 2 Serve Microfinance has open charges of ₹5.87 Cr and no satisfied charges on record as per latest MCA filings.