Vipin Forex Private Limited
About Vipin Forex Private Limited
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Vipin Forex Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 30 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U67190PN2004PTC018851. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors including Vipin Keshavlal Shah and Hitesh Vipin Shah.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 376 S.V.P Road Camp Pune – 411001., Maharashtra, India – 411001.
As per the financials filed for FY 2018, the company reported a revenue of ₹98.08 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹2.54 Lakh (net margin -2.6%) and EBITDA of -₹2.51 Lakh (EBITDA margin -2.6%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vipin Forex Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address376 S.V.P Road Camp Pune – 411001., Maharashtra, India – 411001
- IndustryFinancial Services, Forex Services
To see the full contact details of Vipin 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 Vipin 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 Vipin Forex Private Limited, buy the company report.
Financials of Vipin Forex Private Limited
FY 2018 filings availableVipin Forex Private Limited reported revenue of ₹98.08 Lakh (down 58% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 45%. EBITDA rose 42% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹98.08 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹2.51 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.54 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -2.6% | |||
| Net Profit Margin | -2.6% | |||
| 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 Vipin Forex Private Limited, buy the company report.
Board of directors of Vipin Forex Private Limited
Vipin Forex has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipin Keshavlal Shah | Director | 30 Jan 2004 | 22 Years 9 Months | Current |
| Hitesh Vipin Shah | Director | 30 Jan 2004 | 22 Years 9 Months | Current |
| Mahendra Keshavlal Shah | Director | 30 Jan 2004 | 22 Years 9 Months | Current |
Peer comparison
Vipin 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 |
|---|---|---|---|---|---|---|
| SRN Forex and Travels Private Limited | ₹1.03 Cr (FY 2020) | 101666.0% | Kolkata, West Bengal, India | |||
| Nodi Forex Limited | ₹1.03 Cr (FY 2024) | 1088.0% | Nadia, West Bengal, India | |||
| Zaki Tours and Travels Private Limited | ₹1 Cr (FY 2023) | -93.0% | Kolkata, West Bengal, India | |||
| Trishla Forex Private Limited | ₹98.24 Lakh (FY 2015) | -16.0% | Armoor, Telangana, India | |||
| Vipin Forex Private Limitedthis company | ₹98.08 Lakh (FY 2018) | -₹2.54 Lakh | -2.6% | -58.0% | Pune, Maharashtra, India | |
| Ayan Ahan Forex & Travels Private Limited | ₹96.48 Lakh (FY 2018) | Kolkata, West Bengal, India |
To see the full peer comparison of Vipin Forex Private Limited, buy the company report.
Auditor
Vipin Forex Private Limited is audited by JOSHI & SAHNEY for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOSHI & SAHNEY | FY 2018 | 104359W |
Shareholding
The shareholding of Vipin Forex Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vipin Forex Private Limited, buy the company report.
Legal cases
Vipin Forex Private Limited has 2 court cases on record: 2 filed by Vipin Forex. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Vipin 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 Vipin Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vipin 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 Vipin Forex Private Limited, buy the company report.
Recent activity
Vipin Forex Private Limited has 3 board changes on record since 2004: 3 appointments. The latest: Hitesh Vipin Shah was appointed as Director on 30 Jan 2004.
Frequently asked questions
Vipin Forex is an active private limited company based in Pune, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 30 January 2004 (22+ years old) and is registered under CIN U67190PN2004PTC018851.
Vipin Forex has 3 current directors:
- Vipin Keshavlal Shah - Director
- Hitesh Vipin Shah - Director
- Mahendra Keshavlal Shah - Director
The latest financial statements of Vipin Forex on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Vipin Forex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vipin Forex is U67190PN2004PTC018851. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vipin Forex has 2 court cases on record: 2 filed by the company.
Vipin Forex was incorporated on 30 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Vipin Forex by revenue are SRN Forex and Travels Private Limited, Nodi Forex Limited, Zaki Tours and Travels Private Limited, Trishla Forex Private Limited, Ayan Ahan Forex & Travels Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Hitesh Vipin Shah was appointed as Director on 30 Jan 2004. Mahendra Keshavlal Shah was appointed as Director on 30 Jan 2004. Vipin Keshavlal Shah was appointed as Director on 30 Jan 2004.
The registered office of Vipin Forex is at 376 S.V.P Road Camp Pune – 411001., Maharashtra, India – 411001.
Vipin Forex operates in the financial services industry, in the forex services segment.
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