About Essel Forex
Essel Forex is a company based in Chennai (India) founded in 1995, and was acquired by EbixCash in January 2019. Cryptocurrency content is hosted on the Essel Forex platform. The company has 3 employees. Its Indian entity Supreme Consulting And Advisory Services Limited reported revenue of ₹23.8 Lakh.
Company details
Essel Forex was established in 1995 in Chennai, India, as a platform focused on financial content. Operations center on providing information related to cryptocurrencies within the forex and digital asset sector. Services encompass content hosting and distribution through the domain esselforex.com, supporting users in the financial industry. The company maintains its base in India, addressing regional and global interests in cryptocurrency developments.
- Headquarters Chennai, India
- Employees 3
- Stage Acquired
- Website esselforex.com
- Social LinkedIn YouTube
- Acquired by EbixCash (Jan 2019)
- Legal Name Supreme Consulting And Advisory Services Limited
- Date of Incorporation 19 Jun, 1995
- Jurisdiction Chennai, Tamil Nadu, India
Associated legal entities of Essel Forex
Essel Forex operates through Supreme Consulting And Advisory Services Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Supreme Consulting And Advisory Services Limited CIN U74110TN1995PLC031910 | Active | 19 Jun 1995 | Chennai, Tamil Nadu | ₹0.2 Cr | 3 | 5 | View details |
Apps and channels of Essel Forex
its YouTube channel Lazada Indonesia has 13.5K subscribers and 30 videos.
Videos from Essel Forex
The most watched videos on Essel Forex's YouTube channel, Lazada Indonesia (13.5K subscribers). Click a video to play it here.
More on Lazada Indonesia.
Investors in Essel Forex
Essel Forex has secured backing from 1 investor. Prominent investors backing the company include EbixCash.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
App-based money transfer and bill payment platform for individuals and businesses | 1989 | ebixcash.com | Noida, India |
Investor details for Essel Forex
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Board of directors of Supreme Consulting And Advisory Services Limited (Essel Forex)
Supreme Consulting And Advisory Services Limited is the primary company behind Essel Forex. The board of Supreme Consulting And Advisory Services Limited currently have 5 directors; the longest-serving is Salil Ashok Datar, appointed in 2016. 20 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Salil Ashok Datar DIN 01553826 | Whole-time director | 21 Sep 2016 | 10 yrs 1 mo | Supreme Consulting And Advisory Services Limited |
| Vibhu Agarwal DIN 05142716 | Director | 05 Feb 2019 | 7 yrs 9 mo | Supreme Consulting And Advisory Services Limited |
| Utsa Pattnaik DIN 07308509 | Director | 04 Jan 2021 | 5 yrs 10 mo | Supreme Consulting And Advisory Services Limited |
| Rudra Narayan Sa DIN 06503819 | Director | 21 Jun 2021 | 5 yrs 4 mo | Supreme Consulting And Advisory Services Limited |
| Akash Chandrakant Jagtap DIN 09515363 | Additional Director | 20 May 2024 | 2 yrs 5 mo | Supreme Consulting And Advisory Services Limited |
Financials of Essel Forex
Figures of Supreme Consulting And Advisory Services Limited, the primary company behind Essel Forex, for FY 2022. Revenue was ₹23.8 Lakh (-54% year on year). Net loss was -₹8.6 Lakh (-36% margin). EBITDA was -₹8.1 Lakh (-34% margin). Revenue has grown at a compounded annual rate of -95% over three years and -83% over five years.
- ₹23.8 LakhRevenue · FY 2022 · -54% YoY
- -₹8.6 LakhNet loss · -36% margin
- -₹8.1 LakhEBITDA · -34% margin
- ₹6.11 CrPaid-up capital
- 3Employees (provident fund records)
- -95%Revenue CAGR, 3 years
- -83%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Supreme Consulting And Advisory Services Limited are on its company page.
Detailed financial statements for Essel Forex
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Timeline of Essel Forex
2 dated milestones of Essel Forex across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Essel Forex is founded.
- Exit Acquired by EbixCash.
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Related news about Essel Forex
Complete news archive for Essel Forex
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Frequently Asked Questions about Essel Forex
Essel Forex was founded in 1995.
Essel Forex is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Essel Forex has 3 employees.
The primary company behind Essel Forex, Supreme Consulting And Advisory Services Limited, reported revenue of ₹23.8 Lakh for FY 2022, down 54% year on year.
Essel Forex was established in 1995 in Chennai, India, as a platform focused on financial content. Operations center on providing information related to cryptocurrencies within the forex and digital asset sector. Services encompass content hosting and distribution through the domain esselforex.com, supporting users in the financial industry. The company maintains its base in India, addressing regional and global interests in cryptocurrency developments.
Essel Forex has 1 investor. Key investors include EbixCash.
Essel Forex operates through Supreme Consulting And Advisory Services Limited.
Yes. Essel Forex was acquired by EbixCash in January 2019.
The legal entities of Essel Forex currently have 5 directors, including Vibhu Agarwal, Utsa Pattnaik, Rudra Narayan Sa and others.