Clariwell Forex Private Limited
About Clariwell Forex Private Limited
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Clariwell Forex Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the forex services segment of the financial services sector. It was incorporated on 19 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65999TN2018PTC125869. Its GSTIN is 33AAHCC8673K1Z8 (Tamil Nadu).
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Luhanhar and Abdul Majeed.
Its last annual general meeting (AGM) was held on 30 August 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at New No. 182 Old No. 87 Coral Merchant Street Mannady, Chennai, Tamil Nadu, India – 600001.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.42 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8,300 (net margin 0.1%) and EBITDA of ₹9,830 (EBITDA margin 0.1%).
Company details
Contact details
Clariwell Forex Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNew No. 182 Old No. 87 Coral Merchant Street Mannady, Chennai, Tamil Nadu, India – 600001
- IndustryFinancial Services, Forex Services
To see the full contact details of Clariwell 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 Clariwell Forex 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 Clariwell Forex Private Limited, buy the company report.
Financials of Clariwell Forex Private Limited
FY 2022 filings availableClariwell Forex Private Limited reported revenue of ₹1.42 Cr (up 4446% YoY) for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹9,830 | |||
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| Tax Expense | ||||
| Net Profit (PAT) | ₹8,300 | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | ||||
| EBITDA Margin | 0.1% | |||
| Net Profit Margin | 0.1% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Clariwell Forex Private Limited, buy the company report.
Board of directors of Clariwell Forex Private Limited
Clariwell Forex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Luhanhar | Director | 05 Feb 2021 | 5 Years 9 Months | Current |
| Abdul Majeed Also directs: Pumpkins Cafe Private Limited | Director | 19 Nov 2018 | 7 Years 11 Months | Current |
Peer comparison
Clariwell Forex Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Money Exchange 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 |
|---|---|---|---|---|---|---|
| STFC Forex Private Limited | ₹1.45 Cr (FY 2023) | Hyderabad, Telangana, India | ||||
| Hiren Forex & Travels Private Limited | ₹1.44 Cr (FY 2025) | -53.0% | Chennai, Tamil Nadu, India | |||
| B R Forex Enterprises Private Limited | ₹1.42 Cr (FY 2025) | -74.0% | Chandigarh, India | |||
| Oneworld Money Changer Private Limited | ₹1.42 Cr (FY 2024) | -37.0% | New Delhi, Delhi, India | |||
| Clariwell Forex Private Limitedthis company | ₹1.42 Cr (FY 2022) | ₹8,300 | 0.1% | 4446.0% | Chennai, Tamil Nadu, India | |
| Sky Man Forex Private Limited | ₹1.42 Cr (FY 2024) | -19.0% | Chennai, Tamil Nadu, India | |||
| Ajay Money Exchange Services Private Limited. | ₹1.41 Cr (FY 2024) | -8.0% | New Delhi, Delhi, India | |||
| Trafex India Private Limited | ₹1.41 Cr (FY 2024) | 77.0% | New Delhi, Delhi, India |
To see the full peer comparison of Clariwell Forex Private Limited, buy the company report.
Shareholding
The shareholding of Clariwell Forex Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Clariwell Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Clariwell 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 Clariwell Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Clariwell Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCC8673K1Z8 | Tamil Nadu | Active | 02 May 2019 |
To see the full GST registrations and return filing status of Clariwell Forex Private Limited, buy the company report.
Recent activity
Clariwell Forex Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Luhanhar ceased to be Additional Director on 30 Oct 2021.
Frequently asked questions
Clariwell Forex is an active private limited company based in Chennai, Tamil Nadu, India. The company works in forex services, within the financial services industry. It was incorporated on 19 November 2018 (8+ years old) and is registered under CIN U65999TN2018PTC125869.
Clariwell Forex has 2 current directors:
- Luhanhar - Director
- Abdul Majeed - Director
The latest financial statements of Clariwell Forex on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 August 2022. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Clariwell Forex is 33AAHCC8673K1Z8, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Clariwell Forex is U65999TN2018PTC125869. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clariwell Forex was incorporated on 19 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Clariwell Forex by revenue are STFC Forex Private Limited, Hiren Forex & Travels Private Limited, B R Forex Enterprises Private Limited, Oneworld Money Changer Private Limited, Sky Man Forex Private Limited and 2 more, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Luhanhar ceased to be Additional Director on 30 Oct 2021. Luhanhar was appointed as Director on 05 Feb 2021. Rahumath Akkifa Mohamed Rafeek ceased to be Director on 05 Feb 2021. Clariwell Forex has 4 board changes on record in total.
The registered office of Clariwell Forex is at New No. 182 Old No. 87 Coral Merchant Street Mannady, Chennai, Tamil Nadu, India – 600001.
Clariwell Forex operates in the financial services industry, in the forex services segment.
Clariwell Forex can be reached at its registered office: New No. 182 Old No. 87 Coral Merchant Street Mannady, Chennai, Tamil Nadu, India – 600001.
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