Aariz Forex Private Limited
About Aariz Forex Private Limited
Data last updated:
Aariz Forex Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the forex services segment of the financial services sector. It was incorporated on 18 November 2016.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2016PTC113402. Its GSTIN is 33AAOCA9768N1ZR (Tamil Nadu).
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was led by directors Shahul Hameed Mohammed Thameem Ansari and Mohamed Nabela Thameem Ansari.
Its last annual general meeting (AGM) was held on 08 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Chennai, Tamil Nadu.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.62 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net profit of ₹2,647 (net margin 1%) and EBITDA of ₹26,962 (EBITDA margin 10.3%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years.
Company details
Contact details
Aariz Forex Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOld No.69 New No.4 Office Venkatachala Mudali Street Chepa, Uk, Chennai, Tamil Nadu, India – 600005
- IndustryFinancial Services, Forex Services
To see the full contact details of Aariz Forex 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 Aariz Forex is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Aariz Forex Private Limited, buy the company report.
Financials of Aariz Forex Private Limited
FY 2021 filings availableAariz Forex Private Limited reported revenue of ₹2.62 Lakh (down 81% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over three years, including a 81% fall in the latest year. EBITDA fell 27% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹2.62 Lakh | ||||
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| Total Expenses | |||||
| EBITDA | ₹26,962 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2,647 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.3% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Aariz Forex Private Limited, buy the company report.
Board of directors of Aariz Forex Private Limited
Aariz Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shahul Hameed Mohammed Thameem Ansari | Director | 18 Nov 2016 | 9 Years 11 Months | As last reported |
| Mohamed Nabela Thameem Ansari | Director | 18 Nov 2016 | 9 Years 11 Months | As last reported |
Shareholding
The shareholding of Aariz Forex Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aariz Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aariz Forex 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 Aariz Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aariz Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAOCA9768N1ZR | Tamil Nadu | Active | 18 Aug 2017 |
To see the full GST registrations and return filing status of Aariz Forex Private Limited, buy the company report.
Recent activity
Aariz Forex Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Mohamed Nabela Thameem Ansari was appointed as Director on 18 Nov 2016.
Frequently asked questions
Aariz Forex has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Aariz Forex was a private limited company based in Chennai, Tamil Nadu, India. The company worked in forex services, within the financial services industry. It was incorporated on 18 November 2016 and is registered under CIN U74999TN2016PTC113402. The company has been struck off by the Registrar of Companies and is no longer operational.
Aariz Forex had 2 directors:
- Shahul Hameed Mohammed Thameem Ansari - Director
- Mohamed Nabela Thameem Ansari - Director
The CIN (Corporate Identification Number) of Aariz Forex is U74999TN2016PTC113402. 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 Aariz Forex is at Old No.69 New No.4 Office Venkatachala Mudali Street Chepa, Uk, Chennai, Tamil Nadu, India – 600005.
Aariz Forex was incorporated on 18 November 2016. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Aariz Forex on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 08 October 2021. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Aariz Forex is 33AAOCA9768N1ZR, registered in Tamil Nadu.
Aariz Forex operated in the financial services industry, in the forex services segment. It worked in this industry before it was struck off.
Mohamed Nabela Thameem Ansari was appointed as Director on 18 Nov 2016. Shahul Hameed Mohammed Thameem Ansari was appointed as Director on 18 Nov 2016.