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Formax Forex India Private Limited - Company Profile

It is a financial services private limited company based in Ujjain, Madhya Pradesh, India, established in 2019.

2019 | Ujjain, Madhya Pradesh, India | Active
Last Updated:

About Formax Forex India Private Limited

Formax Forex India Private Limited, a active private limited company, was established on 28 November 2019 in Ujjain, Madhya Pradesh, India. Engaging in forex services within the financial services sector, it holds CIN: U65929MP2019PTC050214. Registered under ROC Roc Gwalior. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹5.00 M.

Its leadership includes Pravin Jain (Director), Sanjeev Yadav (Director), Abhishek Shah (Director). Past directors included Abhishek Shah. Its latest AGM occurred on 25 July 2024, with the balance sheet filed on 31 March 2024. It is based at 110, Najar Ali Marg,, Ujjain, Madhya Pradesh, 456001.

Company Details

  • CIN/LLPIN

    U65929MP2019PTC050214

  • Registration Number

    050214

  • Incorporation Date

    28 November 2019

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹5.00 M

  • ROC Code

    Roc Gwalior

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 5902.81%
  • Profit Growth 22.11%
  • Ebitda -564.85%
  • Net Worth 0.60%
  • Total Assets 3.02%
Company report

Formax Forex India Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Formax Forex India 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 Formax Forex India Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Pravin JainDirector28 Nov 2019Current
Sanjeev YadavDirector28 Nov 2019Current
Abhishek ShahDirector25 Apr 2022Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director16 Aug 2022Past

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Financial Performance of Formax Forex India.

Formax Forex India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 5902.81% increase. The company also saw a substantial improvement in profitability, with a 22.11% increase in profit. The company's net worth moved up by a moderate rise of 0.6%.

Formax Forex India revenue growth over time
Formax Forex India profit and loss trends over time
  • 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
5902.81%
Revenue from Operations
Total Assets
3.02%
Profit or Loss
22.11%
Net Worth
0.60%
EBITDA
-564.85%

What is the Ownership and Shareholding Structure of Formax Forex India?

Unlock access to Formax Forex India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Formax Forex India?

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Employee growth trends for Formax Forex India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Formax Forex India, 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 Formax Forex India's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Formax Forex India

Recent Activity within the Organization

  • Annual General Meeting

    Formax Forex India Private Limited last Annual general meeting of members was held on 25 Jul 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

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

  • Director Appointment

    Progress on Abhishek Shah was appointed as a Director was appointed as a Director on 25 Apr 2022 & has been associated with this company since 3 years 7 months . was documented.

  • Director Appointment

    The activity Pravin Jain was appointed as a Director was appointed as a Director on 28 Nov 2019 & has been associated with this company since 5 years 11 months . was completed.

  • Director Appointment

    The activity Sanjeev Yadav was appointed as a Director was appointed as a Director on 28 Nov 2019 & has been associated with this company since 5 years 11 months . was completed.

  • Company Incorporation

    Formax Forex India Private Limited was registered on 28 Nov 2019 with Roc Gwalior & aged 5 years 11 months as per MCA records. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Formax Forex India Private Limited?

    The CIN of Formax Forex India Private Limited is U65929MP2019PTC050214.

  • Where is Formax Forex India Private Limited headquartered?

    Formax Forex India Private Limited is headquartered at 110, Najar Ali Marg,, Ujjain, Madhya Pradesh, 456001.

  • When was Formax Forex India Private Limited incorporated?

    Formax Forex India Private Limited was incorporated on 28 November 2019.

  • Who are the current directors of Formax Forex India Private Limited?

    The current directors of Formax Forex India Private Limited are

  • What is the primary industry of Formax Forex India Private Limited?

    The primary industry of Formax Forex India Private Limited is Financial Services.

  • Is Formax Forex India Private Limited a listed company?

    Formax Forex India Private Limited is unlisted.

  • What is the capital structure of Formax Forex India Private Limited?

    The authorized capital of Formax Forex India Private Limited is ₹5.00 M, and the paid-up capital is ₹5.00 M.

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