About Way2wealth Brokers Private Limited
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Way2wealth Brokers Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Way2wealth Securities Private Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 16 August 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67120KA2000PTC027628. Its GSTIN is 29AAACW3290M1ZT (Karnataka). The company holds 14 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹70 Cr and a paid-up capital of ₹47.5 Cr. It is led by directors including Shridhar Srikantiah Gargeshwari (Whole-Time Director) and Saleem Ali.
Its last annual general meeting (AGM) was held on 30 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rukmini Towers 3rd & 4th Floor No.3/1 Platform Road Sheshadripuram, Bangalore, Karnataka, India – 560020.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.02 Cr. For the same year it recorded a net profit of ₹4.52 Cr (net margin 5.3%) and EBITDA of ₹11.59 Cr (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 3% over five years.
The company has about 338 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Way2Wealth. As per MCA filings, the company has open charges of ₹47 Cr and satisfied charges of ₹68 Cr on record. Court records list 53 cases involving the company, including 26 filed by the company and 27 filed against it; 12 cases are pending. The company has 10 deals on record (5 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹108 Cr; the latest was in March 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website way2wealth.com.
Company details
Contact details
Way2wealth Brokers Private Limited's registered office is in Bangalore, Karnataka. Its website is way2wealth.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRukmini Towers 3rd & 4th Floor No.3/1 Platform Road Sheshadripuram, Bangalore, Karnataka, India – 560020
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Way2wealth Brokers 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
Brands
Way2wealth Brokers operates one associated brand: Way2Wealth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Stock broking and trading in equities, commodities, currencies are managed. | way2wealth.com |
Business activity
The main business activity of Way2wealth Brokers is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Way2wealth Brokers Private Limited, buy the company report.
Financials of Way2wealth Brokers Private Limited
FY 2025 filings availableWay2wealth Brokers Private Limited reported revenue of ₹86.02 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years. EBITDA rose 70% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹11.59 Cr | ||||
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| Net Profit (PAT) | ₹4.52 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 13.5% | ||||
| Net Profit Margin | 5.3% | ||||
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To see the full financial statements and ratios of Way2wealth Brokers Private Limited, buy the company report.
Board of directors of Way2wealth Brokers Private Limited
Way2wealth Brokers has 5 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shridhar Srikantiah Gargeshwari | Whole-Time Director | 29 Dec 2020 | 5 Years 9 Months | Current |
| Saleem Ali Also directs: Shriram Credit Company Limited, Shriramfortune Solutions Limited | Director | 08 Feb 2022 | 4 Years 8 Months | Current |
| Manjit Singh Also directs: Guru Harikrishn Foundation | Director | 28 Jun 2021 | 5 Years 3 Months | Current |
| Amit Golia | Additional Director | 01 Jan 2026 | 0 Years 9 Months | Current |
| Mahesh Jayashree | Additional Director | 01 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Way2wealth Brokers Private Limited is audited by PIJUSH GUPTA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PIJUSH GUPTA & CO | FY 2023 | 309015E |
Shareholding
The shareholding of Way2wealth Brokers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Way2wealth Brokers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Nov 2021 | 100509059 | Axis Bank Limited | ₹47 Cr | Open | |
| 04 Jan 2019 | 100233785 | Hdfc Bank Limited | ₹10 Cr | Satisfied | |
| 29 Jan 2013 | 10430958 | Hdfc Bank Limited | ₹5 Cr | Satisfied | |
| 17 Sep 2012 | 10381090 | The Karnataka Bank Limited | ₹20 Cr | Satisfied | |
| 02 Jan 2012 | 10332236 | Idbi Trusteeship Services Limited | ₹30 Cr | Satisfied |
To see the full charge records of Way2wealth Brokers Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Way2wealth Brokers Private Limited has 10 deals on record (5 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹108 Cr; the latest was in March 2024.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Others & Way2Wealth Brokers Private Limited, Shriram Credit Company Limited Seller: Way2wealth Securities Private Limited |
| Feb 2024 | Funding round | ₹47.5 Cr | Investors: Way2wealth Securities Private Limited |
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: Way2wealth Securities Private Limited Seller: an individual |
| Nov 2020 | Secondary share transfer | Undisclosed | Buyer: Shriram Credit Company Limited Seller: Coffee Day Enterprises Limited |
| Sep 2014 | Rights issue | ₹9.6 Cr | Investors: Way2wealth Securities Private Limited |
To see the full deal history of Way2wealth Brokers Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Way2wealth Brokers Private Limited has 53 court cases on record: 26 filed by Way2wealth Brokers, 27 filed against it. 12 cases are pending and 41 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 33 | 16 | 8 |
| District courts | 18 | 10 | 2 |
| Supreme Court | 2 | 1 | 2 |
Cases on record (5 of 53)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company | Pending |
| Supreme Court | Court case (1008-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Appeals u/s 15 Z of Securities and Exchange Board of India Act, 1992.) | Filed against the company by Securities and Exchange Board of India Through Agm Sebi Bhavan, Plot No. C 4A, G Block Bandra Kurla Complex, Bandra (East) ,Mumbai , Maharashtra | Pending |
| Madras High Court | Court case (OSA) | Filed by the company against an individual | Pending |
To see the full case history of Way2wealth Brokers 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 Way2wealth Brokers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Way2wealth Brokers has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Way2wealth Commodities Private Limited | U51229KA2006PTC039880 |
To see the full group structure of Way2wealth Brokers Private Limited, buy the company report.
Employees & EPFO
Way2wealth Brokers Private Limited has a workforce of 338 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Way2wealth Brokers has 14 GST registrations: 11 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACW3290M1ZT | Karnataka | Active | 01 Jul 2017 |
| 29AAACW3290M2ZS | Karnataka | Active | 29 Aug 2017 |
| 03AAACW3290M1Z7 | Punjab | Active | 01 Jul 2017 |
| 07AAACW3290M1ZZ | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Way2wealth Brokers Private Limited, buy the company report.
Recent activity
Way2wealth Brokers Private Limited has 39 board changes on record since 2000: 22 appointments and 17 cessations. The latest: Amit Golia was appointed as Additional Director on 01 Jan 2026.
44 earlier events are in the company report.
Frequently asked questions
Way2wealth Brokers is an active private limited company based in Bangalore, Karnataka, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 16 August 2000 (26+ years old) and is registered under CIN U67120KA2000PTC027628.
Way2wealth Brokers has 5 current directors:
- Shridhar Srikantiah Gargeshwari - Whole-Time Director
- Saleem Ali - Director
- Manjit Singh - Director
- Amit Golia - Additional Director
- Mahesh Jayashree - Additional Director
The latest financial statements of Way2wealth Brokers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Way2wealth Brokers is 29AAACW3290M1ZT, registered in Karnataka. The company has 14 GST registrations in all, of which 11 are active and 3 are cancelled or inactive. Other active GSTINs include 29AAACW3290M2ZS (Karnataka), 03AAACW3290M1Z7 (Punjab), 07AAACW3290M1ZZ (Delhi).
The CIN (Corporate Identification Number) of Way2wealth Brokers is U67120KA2000PTC027628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Way2wealth Brokers has 53 court cases on record: 26 filed by the company and 27 filed against it. 12 are pending. Most are in the high courts.
Way2wealth Brokers was incorporated on 16 August 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Way2wealth Brokers has 10 deals on record (5 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹108 Cr; the latest was in March 2024.
Amit Golia was appointed as Additional Director on 01 Jan 2026. Mahesh Jayashree was appointed as Additional Director on 01 Jan 2026. Gentil Augustine ceased to be Whole-Time Director on 01 Dec 2025. Way2wealth Brokers has 39 board changes on record in total.
Way2wealth Brokers can be reached through the website way2wealth.com. Its registered office is in Bangalore, Karnataka, India.