Finwave Forex Private Limited - Company Profile

It is a financial services private limited company based in Ahmedabad, Gujarat, India, established in 2014.
2014 Ahmedabad, Gujarat, India Active
Last Updated:
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About Finwave Forex Private Limited

Finwave Forex Private Limited, a active private limited company, was established on 27 January 2014 in Ahmedabad, Gujarat, India. Engaging in forex services within the financial and insurance service sector, it holds CIN: U67100GJ2014PTC078447. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹5.40 M and a paid-up capital of ₹5.40 M.

It upholds a compliant status. Its leadership includes Jitendra Tolaram Ahuja (Director), Bhrugesh Kaushikkumar Vyas (Director). It holds ₹1.05 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Ground Floor, Raja Complex, Vijay Char Rasta, Navrangpura,, Ahmedabad, Gujarat, 380009.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U67100GJ2014PTC078447

  • Registration Number

    078447

  • Incorporation Date

    27 January 2014

  • Authorized Capital

    ₹5.40 M

  • Paid-Up Capital

    ₹5.40 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.40 M
  • Paid Up Capital ₹ 5.40 M
  • Company Age 12 Year, 14 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.05 M
  • Revenue Growth **** -77.30%
  • Profit Growth **** 412.49%
  • Ebitda **** 21.66%
  • Net Worth 3.13%
  • Total Assets -6.74%
Company report

Finwave Forex Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Finwave Forex Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Finwave Forex Private Limited?
Current Directors
Name Designation Appointment Date Status
Jitendra Tolaram Ahuja Director 27 Jan 2014 Current
Bhrugesh Kaushikkumar Vyas Director 27 Jan 2014 Current

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Financial Performance of Finwave Forex.

Finwave Forex Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 77.3% decrease. The company also saw a substantial improvement in profitability, with a 412.49% increase in profit. The company's net worth moved up by a moderate rise of 3.13%.

Finwave Forex revenue growth over time
Finwave Forex profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -77.30%
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*******
*******
*******
Revenue from Operations
*******
 -80.26%
*******
*******
*******
*******
Total Assets
*******
 -6.74%
*******
*******
*******
*******
Profit or Loss
*******
 412.49%
*******
*******
*******
*******
Net Worth
*******
 3.13%
*******
*******
*******
*******
EBITDA
*******
 21.66%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Finwave Forex?

In 2021, Finwave Forex had a promoter holding of 48.15% and a public holding of 51.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,050,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 0.11 Cr
Latest Charge Details
Date Lender Amount Status
15 Feb 2021 Others ₹1.05 M Open

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How Many Employees Work at Finwave Forex?

Unlock and access historical data on people associated with Finwave Forex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Finwave Forex, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Finwave Forex's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Finwave Forex
Recent Activity within the Organization
  • Annual General Meeting

    Finwave Forex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Finwave Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 1.05 M with Charge ID 100416990 was registered on 15 Feb 2021. was documented.

  • Director Appointment

    Jitendra Tolaram Ahuja was appointed as a Director was appointed as a Director on 27 Jan 2014 & has been associated with this company since 12 years 14 days . was recorded as a recent event.

  • Director Appointment

    Progress on Bhrugesh Kaushikkumar Vyas was appointed as a Director was appointed as a Director on 27 Jan 2014 & has been associated with this company since 12 years 14 days . was documented.

  • Company Incorporation

    The activity Finwave Forex Private Limited was registered on 27 Jan 2014 with Roc Ahmedabad & aged 12 years 14 days as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Finwave Forex Private Limited?

The CIN of Finwave Forex Private Limited is U67100GJ2014PTC078447.

Where is Finwave Forex Private Limited headquartered?

Finwave Forex Private Limited is headquartered at Ground Floor, Raja Complex, Vijay Char Rasta, Navrangpura,, Ahmedabad, Gujarat, 380009.

When was Finwave Forex Private Limited incorporated?

Finwave Forex Private Limited was incorporated on 27 January 2014.

Who are the current directors of Finwave Forex Private Limited?

The current directors of Finwave Forex Private Limited are

What is the primary industry of Finwave Forex Private Limited?

The primary industry of Finwave Forex Private Limited is Financial And Insurance Service.

Is Finwave Forex Private Limited a listed company?

Finwave Forex Private Limited is unlisted.

What is the capital structure of Finwave Forex Private Limited?

The authorized capital of Finwave Forex Private Limited is ₹5.40 M, and the paid-up capital is ₹5.40 M.

What is the compliance status of Finwave Forex Private Limited?

The compliance status of Finwave Forex Private Limited is Compliant.

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