Grace Currency Exchange Private Limited
About Grace Currency Exchange Private Limited
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Grace Currency Exchange Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the forex services segment of the financial services sector. It was incorporated on 10 January 2020.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2020PTC335877.
The company had an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It was led by directors Christopher Solomon and George Thomas Poozhikala.
Its last annual general meeting (AGM) was held on 30 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 1307 Frangipani Nahars Amrit Shakti Sakivihar Road Andheri East, Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2021, the company reported a revenue of ₹97,238. For the same year it recorded a net loss of ₹7,373 (net margin -7.6%) and EBITDA of -₹762 (EBITDA margin -0.8%).
Company details
Contact details
Grace Currency Exchange Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address1307 Frangipani Nahars Amrit Shakti Sakivihar Road Andheri East, Mumbai, Maharashtra, India – 400069
- IndustryFinancial Services, Forex 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
Financials of Grace Currency Exchange Private Limited
FY 2021 filings availableGrace Currency Exchange Private Limited reported revenue of ₹97,238 for FY 2021.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
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| EBITDA | -₹762 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹7,373 | |
| Balance Sheet | ||
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| Reserves and Surplus | ||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -0.8% | |
| Net Profit Margin | -7.6% | |
| Return on Equity (ROE) | ||
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| Return on Assets (ROA) | ||
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To see the full financial statements and ratios of Grace Currency Exchange Private Limited, buy the company report.
Board of directors of Grace Currency Exchange Private Limited
Grace Currency Exchange has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Christopher Solomon Also directs: Rca Properties LLP | Director | 10 Jan 2020 | 6 Years 9 Months | As last reported |
| George Thomas Poozhikala Also directs: GLTT International Private Limited | Director | 10 Jan 2020 | 6 Years 9 Months | As last reported |
Peer comparison
Grace Currency Exchange Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Money Exchange Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JM Forex Private Limited | ₹1.13 Lakh (FY 2021) | Surat, Gujarat, India | ||||
| Cosmic Credit Private Limited | ₹1.08 Lakh (FY 2024) | -15.0% | New Delhi, Delhi, India | |||
| Enlaz Research Private Limited | ₹1.05 Lakh (FY 2024) | -96.0% | Chandigarh, India | |||
| Sunil Forex and Ornaments Private Limited | ₹99,531 (FY 2021) | -100.0% | Mumbai, Maharashtra, India | |||
| Zeal Forex Private Limited | ₹98,809 (FY 2025) | -98.0% | Bhavnagar, Gujarat, India | |||
| Grace Currency Exchange Private Limitedthis company | ₹97,238 (FY 2021) | -₹7,373 | -7.6% | Mumbai, Maharashtra, India | ||
| Forex Sense India Private Limited | ₹96,382 (FY 2023) | -3.0% | Mumbai, Maharashtra, India | |||
| Associated Forex Services Limited | ₹91,500 (FY 2025) | New Delhi, Delhi, India | ||||
| Agr Forex and Holdings Private Limited | ₹90,000 (FY 2025) | Delhi, India | ||||
| Gwalior Forex Pvt Ltd | ₹86,150 (FY 2025) | -98.0% | Anand, Gujarat, India | |||
| Whitepaper Forex Private Limited | ₹83,975 (FY 2025) | -100.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Grace Currency Exchange Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Grace Currency Exchange Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Grace Currency Exchange 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 Grace Currency Exchange Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Grace Currency Exchange Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Christopher Solomon was appointed as Director on 10 Jan 2020.
Frequently asked questions
Grace Currency Exchange has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Grace Currency Exchange was a private limited company based in Mumbai, Maharashtra, India. The company worked in forex services, within the financial services industry. It was incorporated on 10 January 2020 and is registered under CIN U67100MH2020PTC335877. The company has been struck off by the Registrar of Companies and is no longer operational.
Grace Currency Exchange had 2 directors:
- Christopher Solomon - Director
- George Thomas Poozhikala - Director
The CIN (Corporate Identification Number) of Grace Currency Exchange is U67100MH2020PTC335877. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Grace Currency Exchange is at 1307 Frangipani Nahars Amrit Shakti Sakivihar Road Andheri East, Mumbai, Maharashtra, India – 400069.
Grace Currency Exchange was incorporated on 10 January 2020. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Grace Currency Exchange on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 December 2021. Year-wise statements from FY 2020 are in the company report.
Grace Currency Exchange operated in the financial services industry, in the forex services segment. It worked in this industry before it was struck off.
The peers of Grace Currency Exchange by revenue are JM Forex Private Limited, Cosmic Credit Private Limited, Enlaz Research Private Limited, Sunil Forex and Ornaments Private Limited, Zeal Forex Private Limited and 5 more, all in the BFSI industry (Money Exchange Services).
Christopher Solomon was appointed as Director on 10 Jan 2020. George Thomas Poozhikala was appointed as Director on 10 Jan 2020.
Grace Currency Exchange can be reached at its registered office: 1307 Frangipani Nahars Amrit Shakti Sakivihar Road Andheri East, Mumbai, Maharashtra, India – 400069.