Nisha Forex Private Limited
About Nisha Forex Private Limited
Data last updated:
Nisha Forex Private Limited was a private limited company based in Chennai, Tamil Nadu, 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 financial services and investment segment of the financial services sector. It was incorporated on 18 January 2010.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U67190TN2010PTC074286. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was led by directors including Azhar Nisha Mohamed Yassin and Shaik Abdur Rahman.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Chennai, Tamil Nadu.
As per the financials filed for FY 2018, the company reported a revenue of ₹5.41 Lakh, a growth of 79% compared to the previous year. For the same year it recorded a net loss of ₹42,384 (net margin -7.8%) and EBITDA of ₹6,944 (EBITDA margin 1.3%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years.
Company details
Contact details
Nisha Forex Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCisons Complex Basement Old No. 150/8 New No. 2/9 Montieth Roa, D Egmore, Chennai, Tamil Nadu, India – 600008
- IndustryFinancial Services, Financial Activities
To see the full contact details of Nisha 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 Nisha 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 Nisha Forex Private Limited, buy the company report.
Financials of Nisha Forex Private Limited
FY 2018 filings availableNisha Forex Private Limited reported revenue of ₹5.41 Lakh (up 79% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 79% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 13%. EBITDA rose 103% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹6,944 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹42,384 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.3% | |||
| Net Profit Margin | -7.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Nisha Forex Private Limited, buy the company report.
Board of directors of Nisha Forex Private Limited
Nisha Forex has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Azhar Nisha Mohamed Yassin | Director | 18 Jan 2010 | 16 Years 9 Months | As last reported |
| Shaik Abdur Rahman | Director | 13 Jul 2016 | 10 Years 3 Months | As last reported |
| Mohamed Farook Nowsath Ali | Director | 22 Apr 2010 | 16 Years 6 Months | As last reported |
Peer comparison
Nisha Forex Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Sri Thapasvi Holdings Private Limited | ₹5.43 Lakh (FY 2025) | 0.0% | Chennai, Tamil Nadu, India | |||
| Brainspark Fintech Private Limited | ₹5.43 Lakh (FY 2024) | -22.0% | Noida, Uttar Pradesh, India | |||
| Dhupguri Ankur Foundation | ₹5.42 Lakh (FY 2024) | 49.0% | Dhupguri, West Bengal, India | |||
| Comfort Merchandise Private Limited | ₹5.42 Lakh (FY 2018) | -15.0% | Kolkata, West Bengal, India | |||
| Possible Chits Private Limited | ₹5.42 Lakh (FY 2025) | -11.0% | Pavaratty, Kerala, India | |||
| Nisha Forex Private Limitedthis company | ₹5.41 Lakh (FY 2018) | -₹42,384 | -7.8% | 79.0% | Chennai, Tamil Nadu, India | |
| Gosri Chit Funds Pvt Ltd | ₹5.41 Lakh (FY 2025) | -21.0% | Kochi, Kerala, India | |||
| Andheri Forex Private Limited | ₹5.41 Lakh (FY 2019) | 454.0% | Mumbai, Maharashtra, India | |||
| Softex Paper Products Private Limited | ₹5.41 Lakh (FY 2025) | -32.0% | Mumbai, Maharashtra, India | |||
| Tivala Holdings Private Limited | ₹5.4 Lakh (FY 2023) | 44.0% | Thane, Maharashtra, India | |||
| Janasagaram Kuries Private Limited | ₹5.4 Lakh (FY 2015) | -62.0% | Thrissur, Kerala, India |
To see the full peer comparison of Nisha Forex Private Limited, buy the company report.
Auditor
Nisha Forex Private Limited is audited by K BADRINATH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K BADRINATH | FY 2017 | 028045 |
Shareholding
The shareholding of Nisha Forex Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nisha Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nisha 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 Nisha Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nisha Forex 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 Nisha Forex Private Limited, buy the company report.
Recent activity
Nisha Forex Private Limited has 5 board changes on record since 2010: 3 appointments and 2 cessations. The latest: Shaik Abdur Rahman ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Nisha Forex 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.
Nisha Forex was a private limited company based in Chennai, Tamil Nadu, India. The company worked in financial activities, within the financial services industry. It was incorporated on 18 January 2010 and is registered under CIN U67190TN2010PTC074286. The company has been struck off by the Registrar of Companies and is no longer operational.
Nisha Forex had 3 directors:
- Azhar Nisha Mohamed Yassin - Director
- Shaik Abdur Rahman - Director
- Mohamed Farook Nowsath Ali - Director
The CIN (Corporate Identification Number) of Nisha Forex is U67190TN2010PTC074286. 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 Nisha Forex is at Cisons Complex Basement Old No. 1508 New No. 29 Montieth Roa, D Egmore, Chennai, Tamil Nadu, India – 600008.
Nisha Forex was incorporated on 18 January 2010. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Nisha Forex on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Nisha Forex has 1 GST registration on record and it is cancelled or inactive.
Nisha Forex operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Nisha Forex by revenue are Sri Thapasvi Holdings Private Limited, Brainspark Fintech Private Limited, Dhupguri Ankur Foundation, Comfort Merchandise Private Limited, Possible Chits Private Limited and 5 more, all in the same principal business activity (other financial activities).
Shaik Abdur Rahman ceased to be Additional Director on 30 Sep 2016. Rajamohamed Ghose Mohamed ceased to be Director on 13 Jul 2016. Shaik Abdur Rahman was appointed as Director on 13 Jul 2016. Nisha Forex has 5 board changes on record in total.
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