Booming Forex Private Limited

Booming Forex Private Limited - financial services in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U67100TN2018PTC121616 Incorporated 21 March 2018 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2019
₹8.07 Cr
Latest filing
Net profit · FY 2019
₹90,464
Net margin 0.1%
EBITDA · FY 2019
₹1.39 Lakh
EBITDA margin 0.2%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹27 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Last financials
Mar 2019
Balance sheet date

About Booming Forex Private Limited

Data last updated:

Booming Forex Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 21 March 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U67100TN2018PTC121616.

The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Chandran Satish (Managing Director) and Muthusamraj Sethurayan.

Its last annual general meeting (AGM) was held on 31 December 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 31A Bazar Road Pallavaram, Chennai, Tamil Nadu, India – 600043.

As per the financials filed for FY 2019, the company reported a revenue of ₹8.07 Cr. For the same year it recorded a net profit of ₹90,464 (net margin 0.1%) and EBITDA of ₹1.39 Lakh (EBITDA margin 0.2%).

Company details

CIN U67100TN2018PTC121616
Registration Number 121616
Incorporation Date 21 March 2018
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2019
Date of Balance Sheet 31 March 2019

Contact details

Booming Forex Private Limited's registered office is in Chennai, Tamil Nadu.

  • Registered Address
    31A Bazar Road Pallavaram, Chennai, Tamil Nadu, India – 600043
  • Industry
    Financial Services, Auxiliary To Financial Intermediatory
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Business activity

The main business activity of Booming Forex is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Booming Forex Private Limited, buy the company report.

Financials of Booming Forex Private Limited

FY 2019 filings available

Booming Forex Private Limited reported revenue of ₹8.07 Cr for FY 2019.

Revenue · FY 2019
₹8.07 Cr
Net profit · FY 2019
₹90,464 margin 0.1%
EBITDA · FY 2019
₹1.39 Lakh margin 0.2%

Financial Statement Summary

MetricsFY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.39 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹90,464
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

MetricsFY 2018-19FY 2017-18
Profitability
EBITDA Margin0.2%
Net Profit Margin0.1%
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 Booming Forex Private Limited, buy the company report.

Board of directors of Booming Forex Private Limited

Booming Forex has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Chandran SatishManaging Director21 Mar 20188 Years 7 MonthsCurrent
Muthusamraj SethurayanDirector21 Mar 20188 Years 7 MonthsCurrent

Peer comparison

Booming 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
3Dimension Capital Services Limited₹8.09 Cr (FY 2025)33.0%New Delhi, Delhi, India
Aarkay Investments Pvt. Ltd.₹8.08 Cr (FY 2025)-83.0%Kolkata, West Bengal, India
Insta Forex Services Private Limited₹8.08 Cr (FY 2025)-10.0%New Delhi, Delhi, India
Regency Shares and Holdings Private Limited TFR. From Kolkata O Delhi₹8.08 Cr (FY 2025)18.0%New Delhi, Delhi, India
Tetron Commercial Ltd₹8.08 Cr (FY 2024)249.0%Kolkata, West Bengal, India
Booming Forex Private Limitedthis company₹8.07 Cr (FY 2019)₹90,4640.1%Chennai, Tamil Nadu, India
Elios Financial Services Private Limited₹8.06 Cr (FY 2025)106.0%Mumbai, Maharashtra, India
Kosamattam Mathew K. Cherian Financiers Private Limited₹8.06 Cr (FY 2017)-19.0%Kottayam, Kerala, India
Shaha Finlease Private Limited₹8.06 Cr (FY 2025)-41.0%Jogeshwari East, Maharashtra, India
Harish Forex Services Private Limited₹8.05 Cr (FY 2025)-25.0%Jaipur, Rajasthan, India
Baktha Money Changers Private Limited₹8.05 Cr (FY 2024)143.0%Dindigul, Tamil Nadu, India

To see the full peer comparison of Booming Forex Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Booming Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Booming Forex Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Booming Forex Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Chandran Satish was appointed as Managing Director on 21 Mar 2018.

AGM
Booming Forex Private Limited last Annual general meeting of members was held on 31 Dec 2019 as per latest MCA records.
Filing
Booming Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.
Appointed
Chandran Satish was appointed as Managing Director.
Appointed
Muthusamraj Sethurayan was appointed as Director.
Incorporation
21 Mar 2018
Booming Forex Private Limited was registered on 21 Mar 2018 with Roc Chennai & aged 8 years 7 months as per MCA records.

Frequently asked questions

Booming Forex is an active private limited company based in Chennai, Tamil Nadu, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 21 March 2018 (8+ years old) and is registered under CIN U67100TN2018PTC121616.

Booming Forex has 2 current directors:

The latest financial statements of Booming Forex on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 31 December 2019. Year-wise statements from FY 2018 are in the company report.

The CIN (Corporate Identification Number) of Booming Forex is U67100TN2018PTC121616. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Booming Forex was incorporated on 21 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Booming Forex by revenue are 3Dimension Capital Services Limited, Aarkay Investments Pvt. Ltd, Insta Forex Services Private Limited, Regency Shares and Holdings Private Limited TFR. From Kolkata O Delhi, Tetron Commercial Ltd and 5 more, all in the same principal business activity (other financial activities).

Chandran Satish was appointed as Managing Director on 21 Mar 2018. Muthusamraj Sethurayan was appointed as Director on 21 Mar 2018.

The registered office of Booming Forex is at 31A Bazar Road Pallavaram, Chennai, Tamil Nadu, India – 600043.

Booming Forex operates in the financial services industry, in the auxiliary to financial intermediatory segment.

Booming Forex can be reached at its registered office: 31A Bazar Road Pallavaram, Chennai, Tamil Nadu, India – 600043.

Booming Forex is registered under the jurisdiction of the Registrar of Companies (ROC), Chennai.