Grace Forex Private Limited
About Grace Forex Private Limited
Data last updated:
Grace Forex Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 28 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U74999MH2016PTC282993. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Sushma Chandrakant Rao and Anju Santosh Tripathi.
Its last annual general meeting (AGM) was held on 08 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 41 Opp. Mohata Science College Reshimbag Umred Road Nagpur, Maharashtra, India – 440009.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.76 Lakh. For the same year it recorded a net profit of ₹457 (net margin 0.3%) and EBITDA of ₹2,096 (EBITDA margin 1.2%). Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 68% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address41 Opp. Mohata Science College Reshimbag Umred Road Nagpur, Maharashtra, India – 440009
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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 Grace Forex Private Limited
The main business activity of Grace Forex 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 Grace Forex Private Limited FY 2023 filings available
Grace Forex Private Limited reported revenue of ₹1.76 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR) of Grace Forex Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years. EBITDA rose 116% 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 Grace Forex Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹2,096 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹457 | •••• | •••• | •••• | •••• |
| 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 Grace Forex Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 Grace Forex are in the company report.
Financial statements from FY 2017
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 Grace Forex Private Limited
Grace Forex Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Phoenix Microcredit Foundation | ₹1.77 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Thirupalathurai Chits Private Limited | ₹1.77 Lakh (FY 2022) | •••• | •••• | 11.0% | •••• | Tamil Nadu, India |
| Aadiv Nidhi Limited | ₹1.76 Lakh (FY 2020) | •••• | •••• | •••• | Kushalgarh, Rajasthan, India | |
| Meera Parivar Nidhi Limited | ₹1.76 Lakh (FY 2022) | •••• | •••• | 2973.0% | •••• | Ballia, Uttar Pradesh, India |
| Erglo Investment Private Limited | ₹1.76 Lakh (FY 2024) | •••• | •••• | 11047.0% | •••• | Chennai, Tamil Nadu, India |
| Grace Forex Private Limited this company | ₹1.76 Lakh (FY 2023) | •••• | •••• | •••• | Nagpur, Maharashtra, India | |
| Sadhana Urban Multipurpose Nidhi Limited | ₹1.76 Lakh (FY 2023) | •••• | •••• | 3540.0% | •••• | Beed, Maharashtra, India |
| Sahayata Microfinance Private Limited | ₹1.76 Lakh (FY 2016) | •••• | •••• | -90.0% | •••• | Udaipur, Rajasthan, India |
| N.S.J.L. Nidhi Limited | ₹1.76 Lakh (FY 2024) | •••• | •••• | -98.0% | •••• | Pune, Maharashtra, India |
| Indma Transworld Limited | ₹1.76 Lakh (FY 2024) | •••• | •••• | 22.0% | •••• | Chennai, Tamil Nadu, India |
| Sarniv Urban Nidhi Limited | ₹1.76 Lakh (FY 2022) | •••• | •••• | •••• | Buldana, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Grace Forex by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Grace Forex Private Limited
Grace 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 |
|---|---|---|---|---|
| Sushma Chandrakant Rao | Director | 28 Jun 2016 | 10 Years 3 Months | Current |
| Anju Santosh Tripathi | Additional Director | 27 Mar 2018 | 8 Years 6 Months | Current |
Ownership and Shareholding of Grace Forex 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 Grace Forex Private Limited
Grace Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Grace Forex Private Limited
Employment history and EPFO contributions of people linked to Grace Forex.
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.
Recent Activity on Grace Forex Private Limited
Grace Forex Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Anju Santosh Tripathi was appointed as Additional Director on 27 Mar 2018.
Credit Ratings, Litigation & Regulatory Alerts for Grace Forex 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 Grace Forex 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 Grace Forex 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 Grace Forex Private Limited
Grace Forex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Grace Forex 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 Grace Forex Private Limited
Grace Forex is an active private limited company based in Nagpur, Maharashtra, India. The company works in other services, within the business services industry. It was incorporated on 28 June 2016 (10+ years old) and is registered under CIN U74999MH2016PTC282993.
Grace Forex reported revenue of ₹1.76 Lakh for FY 2023.
Grace Forex has 2 current directors:
- Sushma Chandrakant Rao - Director
- Anju Santosh Tripathi - Additional Director
Grace Forex reported a net profit of ₹457 (net margin 0.3%) and EBITDA of ₹2,096 (EBITDA margin 1.2%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Grace Forex is -83% over three years and -68% over five years. CAGR is the steady yearly rate that links the first and the last year.
No. Grace Forex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Grace Forex is U74999MH2016PTC282993. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grace Forex was incorporated on 28 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Grace Forex by revenue are Phoenix Microcredit Foundation, Thirupalathurai Chits Private Limited, Aadiv Nidhi Limited, Meera Parivar Nidhi Limited, Erglo Investment Private Limited and 5 more, all in the same principal business activity (Other financial activities).
Anju Santosh Tripathi was appointed as Additional Director on 27 Mar 2018. Nepal Deben Paramanik ceased to be Additional Director on 30 Dec 2017. Anju Santosh Tripathi ceased to be Director on 18 Sep 2017. Grace Forex has 4 board changes on record in total.
The registered office of Grace Forex is at 41 Opp. Mohata Science College Reshimbag Umred Road Nagpur, Maharashtra, India – 440009.