Vinayak Forex Private Limited
About Vinayak Forex Private Limited
Data last updated:
Vinayak Forex Private Limited is a private limited company based in Delhi, India. It operates in the forex services segment of the financial services sector. It was incorporated on 09 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U67190DL2012PTC240086. Its GSTIN is 07AAECV1349Q1ZS (Delhi).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Raman Purohit and Gazy Purohit.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at I – 55 Ground Floor Lajpat Nagar – II, Delhi, India – 110024.
As per the financials filed for FY 2019, the company reported a revenue of ₹27.7 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹10.3 Lakh (net margin 0.4%) and EBITDA of ₹24.48 Lakh (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 59% over five years.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vinayak Forex Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressI – 55 Ground Floor Lajpat Nagar – II, Delhi, India – 110024
- IndustryFinancial Services, Forex Services
To see the full contact details of Vinayak 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 Vinayak 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 Vinayak Forex Private Limited, buy the company report.
Financials of Vinayak Forex Private Limited
FY 2019 filings availableVinayak Forex Private Limited reported revenue of ₹27.7 Cr (up 75% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 59% over five years, including 75% growth in the latest year. EBITDA rose 213% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹27.7 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹24.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.3 Lakh | ||||
| 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Vinayak Forex Private Limited, buy the company report.
Board of directors of Vinayak Forex Private Limited
Vinayak Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raman Purohit | Director | 09 Aug 2012 | 14 Years 3 Months | Current |
| Gazy Purohit | Director | 09 Aug 2012 | 14 Years 3 Months | Current |
Peer comparison
Vinayak Forex Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Money Exchange Services), with 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 |
|---|---|---|---|---|---|---|
| Vintage Forex Private Limited | ₹28.42 Cr (FY 2020) | New Delhi, Delhi, India | ||||
| Kanika Tours and Travels Private Limited | ₹27.81 Cr (FY 2021) | -69.0% | New Delhi, Delhi, India | |||
| Vinayak Forex Private Limitedthis company | ₹27.7 Cr (FY 2019) | ₹10.3 Lakh | 0.4% | 75.0% | Delhi, India | |
| Rishabh Forex Private Limited | ₹27.64 Cr (FY 2025) | -14.0% | New Delhi, Delhi, India | |||
| Insha Forex and Travels Private Limited | ₹27.48 Cr (FY 2024) | 79.0% | Kolkata, West Bengal, India | |||
| STPM Forex & Travels Private Limited | ₹27.45 Cr (FY 2020) | 194.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Vinayak Forex Private Limited, buy the company report.
Auditor
Vinayak Forex Private Limited is audited by S A M P R K & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S A M P R K & ASSOCIATES | FY 2019 | 013022N |
Shareholding
The shareholding of Vinayak Forex Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vinayak Forex Private Limited, buy the company report.
Legal cases
Vinayak Forex Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by an individual | Disposed |
To see the full case history of Vinayak Forex Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vinayak Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vinayak Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECV1349Q1ZS | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vinayak Forex Private Limited, buy the company report.
Recent activity
Vinayak Forex Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Gazy Purohit was appointed as Director on 09 Aug 2012.
Frequently asked questions
Vinayak Forex is an active private limited company based in Delhi, India. The company works in forex services, within the financial services industry. It was incorporated on 09 August 2012 (14+ years old) and is registered under CIN U67190DL2012PTC240086.
Vinayak Forex has 2 current directors:
- Raman Purohit - Director
- Gazy Purohit - Director
The latest financial statements of Vinayak Forex on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Vinayak Forex is 07AAECV1349Q1ZS, registered in Delhi.
The CIN (Corporate Identification Number) of Vinayak Forex is U67190DL2012PTC240086. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vinayak Forex has 2 court cases on record: 2 filed against it. 1 is pending.
Vinayak Forex was incorporated on 09 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Vinayak Forex by revenue are Vintage Forex Private Limited, Kanika Tours and Travels Private Limited, Rishabh Forex Private Limited, Insha Forex and Travels Private Limited, STPM Forex & Travels Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Gazy Purohit was appointed as Director on 09 Aug 2012. Raman Purohit was appointed as Director on 09 Aug 2012.
The registered office of Vinayak Forex is at I – 55 Ground Floor Lajpat Nagar – II, Delhi, India – 110024.
Vinayak Forex operates in the financial services industry, in the forex services segment.
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