About Way2wealth Securities Private Limited
Data last updated:
Way2wealth Securities Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Shriram Credit Company Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the investment banking and advisory segment of the financial services sector. It was incorporated on 08 May 2000.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2000PTC027020. Its GSTIN is 29AAACW3137H1ZA (Karnataka). The company held 6 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹48 Cr and a paid-up capital of ₹47.5 Cr. It was formerly known as Sivan Web Trding Private Limited. It was led by directors Amit Sankar Gupta and Manjit Singh.
Its last annual general meeting (AGM) was held on 25 July 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Rukmini Towers 3rd & 4th Floor No.3/1 Platform Road Sheshadripuram, Bangalore, Karnataka, India – 560020.
As per the financials filed for FY 2022, the company reported a revenue of ₹73.65 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹64.03 Lakh (net margin -0.9%) and EBITDA of ₹4.75 Cr (EBITDA margin 6.4%). Revenue has declined at a compounded annual rate (CAGR) of 3% over five years.
The company had about 24 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 2 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹137 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in January 2020. Its 10 peer companies in the BFSI industry (Investment Banking) are compared by revenue, 5 larger and 5 smaller; the largest is O3 Capital Global Advisory Private Limited with revenue of ₹78.83 Cr.
The last known website on record is way2wealth.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressRukmini Towers 3rd & 4th Floor No.3/1 Platform Road Sheshadripuram, Bangalore, Karnataka, India – 560020
- IndustryFinancial Services, Investment Banking & Advisory
- 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
- One PDF report, delivered after checkout
Business Activity of Way2wealth Securities Private Limited
The main business activity of Way2wealth Securities is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Way2wealth Securities Private Limited FY 2022 filings available
Way2wealth Securities Private Limited reported revenue of ₹73.65 Cr (up 8% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Way2wealth Securities Private Limited
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 147% 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 of Way2wealth Securities Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | 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 | ₹4.75 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹64.03 Lakh | •••• | •••• | •••• | •••• |
| 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 of Way2wealth Securities Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Way2wealth Securities are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Way2wealth Securities Private Limited
Way2wealth Securities Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Investment Banking). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| O3 Capital Global Advisory Private Limited | ₹78.83 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Bengaluru, Karnataka, India |
| Jubilant Stock Holding Private Limited | ₹78.16 Cr (FY 2020) | •••• | •••• | -61.0% | •••• | Noida, Uttar Pradesh, India |
| Resurgent India Ltd | ₹77.63 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Kolkata, West Bengal, India |
| Axykno Capital Services Private Limited | ₹76.87 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Nagpur, Maharashtra, India |
| Narayani Pratisthan Private Limited | ₹74.96 Cr (FY 2019) | •••• | •••• | -22.0% | •••• | Domjur, West Bengal, India |
| Way2wealth Securities Private Limited this company | ₹73.65 Cr (FY 2022) | •••• | •••• | 8.0% | •••• | Bangalore, Karnataka, India |
| VBJ Diamonds Capital Private Limited | ₹71.6 Cr (FY 2023) | •••• | •••• | 4.0% | •••• | Chennai, Tamil Nadu, India |
| Tamboli Industries Limited Listed | ₹70.3 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Bhavnagar, Gujarat, India |
| Athanas Enterprise Private Limited | ₹69.42 Cr (FY 2017) | •••• | •••• | -61.0% | •••• | Ahmedabad, Gujarat, India |
| Mags Finvest Private Limited | ₹64.37 Cr (FY 2024) | •••• | •••• | 109.0% | •••• | Mumbai, Maharashtra, India |
| Virtuous Finance Private Limited | ₹63.12 Cr (FY 2017) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Way2wealth Securities by revenue in the BFSI industry (Investment Banking), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Way2wealth Securities Private Limited
Way2wealth Securities Private Limited is audited by PIJUSH GUPTA & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PIJUSH GUPTA & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Way2wealth Securities Private Limited
Way2wealth Securities has 2 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Sankar Gupta | Director | 29 Dec 2020 | 5 Years 9 Months | As last reported |
| Manjit Singh Also directs: Way2wealth Brokers Private Limited, Guru Harikrishn Foundation | Director | 29 Dec 2020 | 5 Years 9 Months | As last reported |
Ownership and Shareholding of Way2wealth Securities Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Way2wealth Securities Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jan 2020 | Others | ₹30 Cr | Satisfied |
| 09 May 2018 | Others | ₹14 Cr | Satisfied |
| 09 May 2018 | Others | ₹21 Cr | Satisfied |
| 02 Jan 2012 | Idbi Trusteeship Services Limited | ₹30 Cr | Satisfied |
| 29 Jan 2011 | Karnataka Bank Ltd. | ₹2 Cr | Satisfied |
Total charge records: 8 View all charges
Deals & Funding of Way2wealth Securities Private Limited
Way2wealth Securities Private Limited has 1 deal on record (1 acquisition); the latest was in January 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2020 | Acquisition | Undisclosed | Buyer: Shriram Ownership Trust Seller: Coffee Day Enterprises Limited , Jupiter Capital |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Way2wealth Securities Private Limited
Way2wealth Securities Private Limited has 6 court cases on record: 3 filed by Way2wealth Securities, 3 filed against it. 1 case is pending and 5 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 1 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (SS) | Filed against the company by Thomson Reuters India Private Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Central Board of Direct Taxes | Pending |
| High Court of Karnataka | Appeal | Filed against the company by Central Board of Director Taxes | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Joint Commissioner of Income Tax (Osd) | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Way2wealth Securities Private Limited
Way2wealth Securities Private Limited has a workforce of 24 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Way2wealth Securities Private Limited
Way2wealth Securities has 2 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Ay2wealth Commodities Private Limited | U51229KA2006PTC039880 | Locked |
| Way2wealth Brokers Private Limited | U67120KA2000PTC027628 | Locked |
Showing major subsidiaries. Total: 2.
News related to Way2wealth Securities Private Limited
Recent Activity on Way2wealth Securities Private Limited
Way2wealth Securities Private Limited has 18 board changes on record since 2007: 2 appointments and 16 cessations. The latest: Gliry Parappen Paul ceased to be Company Secretary on 28 Jan 2022.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Way2wealth Securities Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Way2wealth Securities Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Way2wealth Securities Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Way2wealth Securities Private Limited
Way2wealth Securities has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACW3137H1ZA | Karnataka | Active | 01 Jul 2017 |
| 27AAACW3137H1ZE | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Way2wealth Securities Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Way2wealth Securities Private Limited
Way2wealth Securities has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Way2wealth Securities was a private limited company based in Bangalore, Karnataka, India. The company worked in investment banking and advisory, within the financial services industry. It was incorporated on 08 May 2000 and is registered under CIN U72200KA2000PTC027020. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Way2wealth Securities was incorporated on 08 May 2000. It is registered with the Registrar of Companies, Bangalore.
Way2wealth Securities had 2 directors:
- Amit Sankar Gupta - Director
- Manjit Singh - Director
The CIN (Corporate Identification Number) of Way2wealth Securities is U72200KA2000PTC027020. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Way2wealth Securities is at Rukmini Towers 3rd & 4th Floor No.31 Platform Road Sheshadripuram, Bangalore, Karnataka, India – 560020.
Way2wealth Securities can be reached through the website way2wealth.com. Its registered office is in Bangalore, Karnataka, India.
Way2wealth Securities reported revenue of ₹73.65 Cr for FY 2022 (up 8% YoY).
Way2wealth Securities has an authorised share capital of ₹48 Cr and a paid-up capital of ₹47.5 Cr.
Way2wealth Securities reported a net loss of ₹64.03 Lakh (net margin -0.9%) and EBITDA of ₹4.75 Cr (EBITDA margin 6.4%) for FY 2022, as per its filed financial statements.
The GSTIN of Way2wealth Securities is 29AAACW3137H1ZA, registered in Karnataka. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 27AAACW3137H1ZE (Maharashtra).