Fountain Forex Connect Private Limited
About Fountain Forex Connect Private Limited
Data last updated:
Fountain Forex Connect Private Limited was a private limited company based in Mumbai, Maharashtra, 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 20 November 2017.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67200MH2017PTC301946. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was led by directors Arif Esmail Merchant and Hashim Arif Merchant.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 1 Floor – O Plot 227 Mashqure Building P Dmello Road St George Hospital Fort, Mumbai, Maharashtra, India – 400001.
Company details
Contact details
Fountain Forex Connect Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 Floor – O Plot 227 Mashqure Building P Dmello Road St George Hospital Fort, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Forex Services
To see the full contact details of Fountain Forex Connect 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
Financials of Fountain Forex Connect Private Limited
FY 2020 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Fountain Forex Connect Private Limited, buy the company report.
Board of directors of Fountain Forex Connect Private Limited
Fountain Forex Connect has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arif Esmail Merchant | Director | 30 Sep 2019 | 7 Years 0 Months | As last reported |
| Hashim Arif Merchant Also directs: Citichem India Limited, HM Megabrands Private Limited | Director | 30 Sep 2019 | 7 Years 0 Months | As last reported |
Peer comparison
Fountain Forex Connect Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Money Exchange Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Primetech Communications Private Limited | ₹7.5 Cr (FY 2025) | 85.0% | Chennai, Tamil Nadu, India | |||
| Khurana Forex Private Limited | ₹7.4 Cr (FY 2024) | 37.0% | Kurukshetra, Haryana, India | |||
| Nayyar Forex Private Limited | ₹7.38 Cr (FY 2024) | 28799.0% | Delhi, India | |||
| Sardari Lal Forex Private Limited | ₹7.37 Cr (FY 2025) | -26.0% | Jalandhar, Punjab, India | |||
| FRR Forex Private Limited | ₹7.37 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| JBJ Forex Private Limited | ₹7.31 Cr (FY 2025) | -54.0% | New Delhi, Delhi, India | |||
| Regius Forex Private Limited | ₹7.31 Cr (FY 2024) | 7.0% | Guwahati, Assam, India | |||
| R R R Forex Private Limited | ₹7.27 Cr (FY 2025) | -97.0% | New Delhi, Delhi, India | |||
| Matrix Forex Services Private Limited | ₹7.26 Cr (FY 2025) | -24.0% | New Delhi, Delhi, India | |||
| Nirmalson Forex Private Limited | ₹7.23 Cr (FY 2025) | -40.0% | New Delhi, Delhi, India |
To see the full peer comparison of Fountain Forex Connect Private Limited, buy the company report.
Auditor
Fountain Forex Connect Private Limited is audited by M N N & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M N N & ASSOCIATES | FY 2020 | 141125W |
Shareholding
The shareholding of Fountain Forex Connect Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
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| Domestic institutional investors (DII) | |
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| Others |
To see the full shareholding pattern of Fountain Forex Connect Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fountain Forex Connect 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 Fountain Forex Connect Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fountain Forex Connect has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Fountain Forex Connect Private Limited, buy the company report.
Recent activity
Fountain Forex Connect Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Arif Esmail Merchant was appointed as Director on 30 Sep 2019.
Frequently asked questions
Fountain Forex Connect 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.
Fountain Forex Connect was a private limited company based in Mumbai, Maharashtra, India. The company worked in forex services, within the financial services industry. It was incorporated on 20 November 2017 and is registered under CIN U67200MH2017PTC301946. The company has been struck off by the Registrar of Companies and is no longer operational.
Fountain Forex Connect had 2 directors:
- Arif Esmail Merchant - Director
- Hashim Arif Merchant - Director
The CIN (Corporate Identification Number) of Fountain Forex Connect is U67200MH2017PTC301946. 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 Fountain Forex Connect is at 1 Floor – O Plot 227 Mashqure Building P Dmello Road St George Hospital Fort, Mumbai, Maharashtra, India – 400001.
Fountain Forex Connect was incorporated on 20 November 2017. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Fountain Forex Connect on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2018 are in the company report.
No. Fountain Forex Connect has 1 GST registration on record and it is cancelled or inactive.
Fountain Forex Connect operated in the financial services industry, in the forex services segment. It worked in this industry before it was struck off.
The peers of Fountain Forex Connect by revenue are Primetech Communications Private Limited, Khurana Forex Private Limited, Nayyar Forex Private Limited, Sardari Lal Forex Private Limited, FRR Forex Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Arif Esmail Merchant was appointed as Director on 30 Sep 2019. Hashim Arif Merchant was appointed as Director on 30 Sep 2019. Lokraj Lingappa Puthran ceased to be Additional Director on 30 Sep 2019. Fountain Forex Connect has 6 board changes on record in total.