About Finex Forex & Equity Services Private Limited
Data last updated:
Finex Forex & Equity Services Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 07 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65990KL2011PTC028581. Its GSTIN is 32AAECK3813G1ZY (Kerala). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹55 Lakh. It was formerly known as Kak Finex Forex & Travel Services Private Limited. It is led by directors Ramzan Razak Khan and Subhash Mallappa Koli.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Room#19 Second Floor Penta Sqaure Opposite Kavitha Theatre Mg Road Ernakulam, Kerala, India – 682035.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.94 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹6.31 Lakh (net margin -127.8%) and EBITDA of -₹5.63 Lakh (EBITDA margin -113.9%). Revenue has declined at a compounded annual rate (CAGR) of 95% over three years and 66% over five years.
The company is associated with 1 brand: Finex Forex. As per MCA filings, the company has satisfied charges of ₹35 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finexforex.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressRoom#19 Second Floor Penta Sqaure Opposite Kavitha Theatre Mg Road Ernakulam, Kerala, India – 682035
- IndustryTransport and Logistics, Travel & Tour Services
- 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
- One PDF report, delivered after checkout
Business Activity of Finex Forex & Equity Services Private Limited
The main business activity of Finex Forex & Equity Services is financial and insurance service. In detail, this covers financial and credit leasing activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Finex Forex & Equity Services Private Limited FY 2024 filings available
Finex Forex & Equity Services Private Limited reported revenue of ₹4.94 Lakh (down 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Finex Forex & Equity Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 66% over five years. EBITDA fell 115% 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 of Finex Forex & Equity Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹5.63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.31 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 of Finex Forex & Equity Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -113.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -127.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Finex Forex & Equity Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Finex Forex & Equity Services Private Limited
Finex Forex & Equity Services Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Tour and Travel Operators). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jubilant Fleet Management Private Limited | ₹4.96 Lakh (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Perfect Vacations Private Limited | ₹4.96 Lakh (FY 2020) | •••• | •••• | -73.0% | •••• | New Delhi, Delhi, India |
| Lalaji International Private Limited | ₹4.95 Lakh (FY 2024) | •••• | •••• | -34.0% | •••• | Delhi, India |
| Klass Getaways Travel Private Limited. | ₹4.95 Lakh (FY 2024) | •••• | •••• | 834.0% | •••• | New Delhi, Delhi, India |
| Mytourmakers Leisure Tour and Travel Private Limited | ₹4.95 Lakh (FY 2023) | •••• | •••• | •••• | Delhi, India | |
| Finex Forex & Equity Services Private Limited this company | ₹4.94 Lakh (FY 2024) | •••• | •••• | -100.0% | •••• | Ernakulam, Kerala, India |
| Aashiya Technologies Private Limited | ₹4.94 Lakh (FY 2025) | •••• | •••• | 272.0% | •••• | New Delhi, Delhi, India |
| Dhanraj Tours & Travels Private Limited | ₹4.93 Lakh (FY 2018) | •••• | •••• | -76.0% | •••• | Alibaug, Maharashtra, India |
| Pelagic Forex &Travel Private Limited | ₹4.93 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | Thanesar, Haryana, India |
| Air Yusho Private Limited | ₹4.91 Lakh (FY 2025) | •••• | •••• | -41.0% | •••• | Mumbai, Maharashtra, India |
| Rahi India Private Limited | ₹4.86 Lakh (FY 2025) | •••• | •••• | -66.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Finex Forex & Equity Services by revenue in the Transport and Logistics industry (Tour and Travel Operators), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Finex Forex & Equity Services Private Limited
Finex Forex & Equity Services Private Limited is audited by G K M & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G K M & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Finex Forex & Equity Services Private Limited
Finex Forex & Equity Services has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramzan Razak Khan Also directs: Fahim Forex Private Limited, Sahmuk Tours & Forex Private Limited, Yh Forex Private Limited and 2 more | Director | 28 Jun 2023 | 3 Years 3 Months | Current |
| Subhash Mallappa Koli | Director | 27 Feb 2023 | 3 Years 7 Months | Current |
Ownership and Shareholding of Finex Forex & Equity Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Finex Forex & Equity Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jan 2013 | The Catholic Syrian Bank Ltd | ₹35 Lakh | Satisfied |
Total charge records: 1 View all charges
Associated Brands with Finex Forex & Equity Services Private Limited
Finex Forex & Equity Services operates one associated brand: Finex Forex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive foreign exchange and financial services for individuals and corporate clients. | finexforex.co.in |
Employees and EPFO Compliance at Finex Forex & Equity Services Private Limited
Employment history and EPFO contributions of people linked to Finex Forex & Equity Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Finex Forex & Equity Services Private Limited
Finex Forex & Equity Services Private Limited has 12 board changes on record since 2012: 2 appointments and 10 cessations. The latest: Ramzan Razak Khan was appointed as Director on 28 Jun 2023.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Finex Forex & Equity Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Finex Forex & Equity Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Finex Forex & Equity Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Finex Forex & Equity Services Private Limited
Finex Forex & Equity Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAECK3813G1ZY | Kerala | Active | 01 Jul 2017 |
| 27AAECK3813G1ZP | Maharashtra | Active | 11 Mar 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Finex Forex & Equity Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Finex Forex & Equity Services Private Limited
Finex Forex & Equity Services is an active private limited company based in Ernakulam, Kerala, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 07 June 2011 (15+ years old) and is registered under CIN U65990KL2011PTC028581.
Finex Forex & Equity Services reported revenue of ₹4.94 Lakh for FY 2024 (down 100% YoY).
Finex Forex & Equity Services has 2 current directors:
- Ramzan Razak Khan - Director
- Subhash Mallappa Koli - Director
Finex Forex & Equity Services reported a net loss of ₹6.31 Lakh (net margin -127.8%) and EBITDA of -₹5.63 Lakh (EBITDA margin -113.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Finex Forex & Equity Services is -95% over three years and -66% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Finex Forex & Equity Services is 32AAECK3813G1ZY, registered in Kerala. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAECK3813G1ZP (Maharashtra).
The CIN (Corporate Identification Number) of Finex Forex & Equity Services is U65990KL2011PTC028581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finex Forex & Equity Services was incorporated on 07 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Finex Forex & Equity Services by revenue are Jubilant Fleet Management Private Limited, Perfect Vacations Private Limited, Lalaji International Private Limited, Klass Getaways Travel Private Limited, Mytourmakers Leisure Tour and Travel Private Limited and 5 more, all in the Transport and Logistics industry (Tour and Travel Operators).
Ramzan Razak Khan was appointed as Director on 28 Jun 2023. Subhash Mallappa Koli was appointed as Director on 27 Feb 2023. Shankar Gopal Krishnan Pillai ceased to be Director on 29 Sep 2022. Finex Forex & Equity Services has 12 board changes on record in total.
Finex Forex & Equity Services can be reached through the website finexforex.co.in. Its registered office is in Ernakulam, Kerala, India.