Asian Forex Private Limited
About Asian Forex Private Limited
Data last updated:
Asian Forex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the forex services segment of the financial services sector. It was incorporated on 04 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2005PTC151780. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Vijaya Kollipara and Raja Rao Kollipara.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.56 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.33 Lakh (net margin 0.5%) and EBITDA of ₹5.09 Lakh (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.
As per MCA filings, the company has satisfied charges of ₹1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Asian Forex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF – 3 Ground Floor The Amita Co – Op Hsg. Soc. Ltd. Koldongri Lane No.2 D.K Angre Marg And, Heri (East, Mumbai, Maharashtra, India – 400069
- IndustryFinancial Services, Forex Services
To see the full contact details of Asian 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 Asian Forex is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Asian Forex Private Limited, buy the company report.
Financials of Asian Forex Private Limited
FY 2019 filings availableAsian Forex Private Limited reported revenue of ₹6.56 Cr (up 13% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over three years, including 13% growth in the latest year. EBITDA rose 11% 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 | ₹6.56 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.33 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 | 0.8% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Asian Forex Private Limited, buy the company report.
Board of directors of Asian Forex Private Limited
Asian Forex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaya Kollipara Also directs: Asian Equities Private Limited | Director | 19 Dec 2005 | 20 Years 10 Months | Current |
| Raja Rao Kollipara Also directs: Asian Equities Private Limited | Director | 01 Jul 2008 | 18 Years 3 Months | Current |
Auditor
Asian Forex Private Limited is audited by BADIANI ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BADIANI ASSOCIATES | FY 2019 | 116460W |
Shareholding
The shareholding of Asian Forex Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Asian Forex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2005 | 90349298 | State Bank of India | ₹1 Cr | Satisfied |
To see the full charge records of Asian Forex Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Asian 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 Asian Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asian Forex has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Asian Forex Private Limited, buy the company report.
Recent activity
Asian Forex Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Radhika Kollipara ceased to be Director on 27 Mar 2014.
Frequently asked questions
Asian Forex is an active private limited company based in Mumbai, Maharashtra, India. The company works in forex services, within the financial services industry. It was incorporated on 04 March 2005 (21+ years old) and is registered under CIN U74999MH2005PTC151780.
Asian Forex has 2 current directors:
- Vijaya Kollipara - Director
- Raja Rao Kollipara - Director
The latest financial statements of Asian 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.
No. Asian Forex has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Asian Forex is U74999MH2005PTC151780. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asian Forex was incorporated on 04 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Radhika Kollipara ceased to be Director on 27 Mar 2014. Ramesh Venkatachalashetty Kadalaveni ceased to be Additional Director on 11 Apr 2009. Raja Rao Kollipara ceased to be Additional Director on 30 Sep 2008. Asian Forex has 5 board changes on record in total.
The registered office of Asian Forex is at F – 3 Ground Floor The Amita Co – Op Hsg. Soc. Ltd. Koldongri Lane No.2 D.K Angre Marg And, Heri East, Mumbai, Maharashtra, India – 400069.
Asian Forex operates in the financial services industry, in the forex services segment.
Asian Forex has no open charges and satisfied charges of ₹1 Cr as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
