Mannady Forex Private Limited
About Mannady Forex Private Limited
Data last updated:
Mannady 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 28 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65929TN2018PTC121797. Its GSTIN is 33AALCM7319L1Z3 (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 Abbas Syed and Thameem Akthar.
Its last annual general meeting (AGM) was held on 31 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6/78 Muthu Mari Street G – 1 Ground Floor Mannady, Chennai, Tamil Nadu, India – 600001.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.11 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹7,858 (net margin 0%) and EBITDA of ₹20,902 (EBITDA margin 0%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 1% over five years.
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- Registered Address6/78 Muthu Mari Street G – 1 Ground Floor Mannady, Chennai, Tamil Nadu, India – 600001
- IndustryFinancial Services, Forex Services
- 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 Mannady Forex Private Limited
The main business activity of Mannady 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 Mannady Forex Private Limited FY 2025 filings available
Mannady Forex Private Limited reported revenue of ₹10.11 Cr (down 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mannady Forex Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 50% fall in the latest year. EBITDA fell 85% 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 Mannady Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹20,902 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7,858 | •••• | •••• | •••• | •••• |
| 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 Mannady Forex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• | •••• | •••• |
| 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 Mannady Forex are in the company report.
Financial statements from FY 2018
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 Mannady Forex Private Limited
Mannady Forex Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Money Exchange Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anand Money Changers Private Limited | ₹10.15 Cr (FY 2025) | •••• | •••• | -63.0% | •••• | Anand, Gujarat, India |
| Janki Forex Private Limited | ₹10.15 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Rohini, Delhi, India |
| Eastern Forex Private Limited | ₹10.15 Cr (FY 2024) | •••• | •••• | 84.0% | •••• | Hyderabad, Telangana, India |
| Moxie Forex & Travel Private Limited | ₹10.14 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Jamshedpur, Jharkhand, India |
| Nightangle Forex and Travels Private Limited | ₹10.13 Cr (FY 2025) | •••• | •••• | -70.0% | •••• | Kolkata, West Bengal, India |
| Mannady Forex Private Limited this company | ₹10.11 Cr (FY 2025) | •••• | •••• | -50.0% | •••• | Chennai, Tamil Nadu, India |
| Thirumaal Finance Limited | ₹10.11 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Madras.600010, Tamil Nadu, India |
| Saturn Leeisure Tours and Travels Private Limited | ₹10.07 Cr (FY 2025) | •••• | •••• | -66.0% | •••• | Kolkata, West Bengal, India |
| Quick Rupee Forex and Travels Private Limited | ₹10.01 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Bangalore, Karnataka, India |
| Liberty Forex Private Limited | ₹10.01 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Sivakasi, Tamil Nadu, India |
| Naranjan Money Exchangers Private Limited | ₹10 Cr (FY 2024) | •••• | •••• | 167.0% | •••• | Faridabad, Haryana, India |
Peers are the five companies nearest above and the five nearest below Mannady Forex by revenue in the BFSI industry (Money Exchange Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mannady Forex Private Limited
Auditor information for Mannady Forex Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Mannady Forex Private Limited
Mannady 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 |
|---|---|---|---|---|
| Abbas Syed | Director | 28 Mar 2018 | 8 Years 6 Months | Current |
| Thameem Akthar | Director | 27 Oct 2021 | 4 Years 11 Months | Current |
Ownership and Shareholding of Mannady 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 Mannady Forex Private Limited
Mannady Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mannady Forex Private Limited
Employment history and EPFO contributions of people linked to Mannady 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 Mannady Forex Private Limited
Mannady Forex Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Thameem Akthar ceased to be Additional Director on 30 Jun 2022.
Credit Ratings, Litigation & Regulatory Alerts for Mannady 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 Mannady 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 Mannady 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 Mannady Forex Private Limited
Mannady Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AALCM7319L1Z3 | Tamil Nadu | Active | 18 Jul 2018 |
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 Mannady 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 Mannady Forex Private Limited
Mannady 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 28 March 2018 (8+ years old) and is registered under CIN U65929TN2018PTC121797.
Mannady Forex reported revenue of ₹10.11 Cr for FY 2025 (down 50% YoY).
Mannady Forex has 2 current directors:
- Abbas Syed - Director
- Thameem Akthar - Director
Mannady Forex reported a net profit of ₹7,858 (net margin 0%) and EBITDA of ₹20,902 (EBITDA margin 0%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mannady Forex is 32% over three years and -1% over five years. In the latest year (FY 2025) revenue fell 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mannady Forex is 33AALCM7319L1Z3, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Mannady Forex is U65929TN2018PTC121797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mannady Forex was incorporated on 28 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Mannady Forex by revenue are Anand Money Changers Private Limited, Janki Forex Private Limited, Eastern Forex Private Limited, Moxie Forex & Travel Private Limited, Nightangle Forex and Travels Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Thameem Akthar ceased to be Additional Director on 30 Jun 2022. Sulthan Nafil Mohaideen ceased to be Director on 27 Oct 2021. Thameem Akthar was appointed as Director on 27 Oct 2021. Mannady Forex has 4 board changes on record in total.
The registered office of Mannady Forex is at 678 Muthu Mari Street G – 1 Ground Floor Mannady, Chennai, Tamil Nadu, India – 600001.