About Globalgate Forex Private Limited
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Globalgate Forex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 12 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65100MH2018PTC318167. Its GSTIN is 27AAHCG5914B1ZU (Maharashtra).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It is led by directors Manoj Vishwasrao Jadhav and Shafik Ismail Kutty.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹124.87 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3,148 (net margin 0%) and EBITDA of ₹22,277 (EBITDA margin 0%). Revenue has grown at a compounded annual rate (CAGR) of 370% over three years.
For more details, the company can be reached via its website globalgateforex.com.
Company details
Contact details
Globalgate Forex Private Limited's registered office is in Mumbai, Maharashtra. Its website is globalgateforex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop – 711 Shop Zone M.G. Road Ghatkopar West Nr Bank Of India Mumba, I – 400086, Mumbai, Maharashtra, India – 400086
- IndustryFinancial Services, Forex Services
To see the full contact details of Globalgate 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 Globalgate Forex is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Globalgate Forex Private Limited, buy the company report.
Financials of Globalgate Forex Private Limited
FY 2022 filings availableGlobalgate Forex Private Limited reported revenue of ₹124.87 Cr (up 11360% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 370% over three years. EBITDA rose 106% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹22,277 | |||
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| Net Profit (PAT) | ₹3,148 | |||
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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% | |||
| Net Profit Margin | 0% | |||
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To see the full financial statements and ratios of Globalgate Forex Private Limited, buy the company report.
Board of directors of Globalgate Forex Private Limited
Globalgate 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 |
|---|---|---|---|---|
| Manoj Vishwasrao Jadhav Also directs: Fetchfx Currency Exchange Services Private Limited | Director | 28 Jan 2021 | 5 Years 8 Months | Current |
| Shafik Ismail Kutty Also directs: South Cape Forex & Travels Private Limited | Director | 28 Jan 2021 | 5 Years 8 Months | Current |
Auditor
Globalgate Forex Private Limited is audited by Pratik V Jain & Co. for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pratik V Jain & Co. | FY 2021 | 146885W |
Shareholding
The shareholding of Globalgate Forex Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Globalgate Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Globalgate 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 Globalgate Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Globalgate Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCG5914B1ZU | Maharashtra | Active | 16 Jan 2019 |
To see the full GST registrations and return filing status of Globalgate Forex Private Limited, buy the company report.
Recent activity
Globalgate Forex Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Shailesh Nandoskar Parshuram ceased to be Director on 06 Feb 2021.
Frequently asked questions
Globalgate Forex is an active private limited company based in Mumbai, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 12 December 2018 (8+ years old) and is registered under CIN U65100MH2018PTC318167.
Globalgate Forex has 2 current directors:
- Manoj Vishwasrao Jadhav - Director
- Shafik Ismail Kutty - Director
The latest financial statements of Globalgate Forex on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Globalgate Forex is 27AAHCG5914B1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Globalgate Forex is U65100MH2018PTC318167. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Globalgate Forex was incorporated on 12 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Shailesh Nandoskar Parshuram ceased to be Director on 06 Feb 2021. Sujata Nandoskar Shailesh ceased to be Director on 06 Feb 2021. Manoj Vishwasrao Jadhav was appointed as Director on 28 Jan 2021. Globalgate Forex has 4 board changes on record in total.
Globalgate Forex can be reached through the website globalgateforex.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Globalgate Forex is at Shop – 711 Shop Zone M.G. Road Ghatkopar West Nr Bank Of India Mumba, I – 400086, Mumbai, Maharashtra, India – 400086.
Globalgate Forex operates in the financial services industry, in the forex services segment.