Highway Forex Conversions Private Limited

Provides forex transactions and money changing services for businesses.

1999 | Tiruchirappalli, Tamil Nadu (India) | Active
Last Updated:

Highway Forex Conversions Profile

Key Indicators

  • Authorised Capital ₹ 2.70 M
  • Paid Up Capital ₹ 2.70 M
  • Company Age 25 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 0.50 M
  • Revenue Growth 79.40%
  • Profit Growth 1581.62%
  • Ebitda 45.12%
  • Net Worth 2.34%
  • Total Assets 2.34%

About Highway Forex Conversions

Highway Forex Conversions Private Limited (HFCPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 September 1999 and has a history of 25 years and eight months. Its registered office is in Tiruchirappalli, Tamil Nadu, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.70 M and a paid-up capital of Rs 2.70 M.

The company has closed loans amounting to ₹0.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kannan Tamilselvi and Trichy Kannan serve as directors at the Company.

Company Details

  • Location

    Tiruchirappalli, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74991TN1999PTC043227

  • Company No.

    043227

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Sep 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services
Company report

Highway Forex Conversions Private Limited

Explore comprehensive data for Highway Forex Conversions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Highway Forex Conversions?

Executive Team (1)

NameDesignationAppointment DateStatus
Kannan Tamilselvi Country flag representing In Managing Director08-Jun-2009Current

Board Members (1)

NameDesignationAppointment DateStatus
Trichy Kannan Country flag representing In Director 16-Jan-2017Current

Financial Performance of Highway Forex Conversions.

Highway Forex Conversions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 79.4% increase. The company also saw a substantial improvement in profitability, with a 1581.62% increase in profit. The company's net worth moved up by a moderate rise of 2.34%.

Highway Forex Conversions revenue growth over time
Highway Forex Conversions 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
79.40%
Revenue from Operations
84.80%
Total Assets
2.34%
Profit or Loss
1581.62%
Net Worth
2.34%
EBITDA
45.12%

What is the Ownership and Shareholding Structure of Highway Forex Conversions?

In 2019, Highway Forex Conversions had a promoter holding of 42.59% and a public holding of 57.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.50 M

Charges Breakdown by Lending Institutions

  • Uti Bank Ltd : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
26 Feb 2007Uti Bank Ltd₹0.50 MSatisfied

How Many Employees Work at Highway Forex Conversions?

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

Employee growth trends for Highway Forex Conversions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Highway Forex Conversions, 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 Highway Forex Conversions'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.

Latest Updates, News, and FAQs on Highway Forex Conversions

Recent activity within the organization

  • Annual General Meeting

    Highway Forex Conversions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Highway Forex Conversions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge registered on 26 Feb 2007 via Charge ID 10160518 with Uti Bank Ltd was fully satisfied on 29 Apr 2021.

  • Director Appointment

    Trichy Ponnurangam Kannan was appointed as a Director was appointed as a Director on 16 Jan 2017 & has been associated with this company since 8 years 4 months .

  • Director Appointment

    Kannan Tamilselvi was appointed as a Managing Director was appointed as a Managing Director on 08 Jun 2009 & has been associated with this company since 16 years 3 days .

  • Charges

    A charge with Uti Bank Ltd amounted to Rs. 0.50 M with Charge ID 10160518 was registered on 26 Feb 2007.

Frequently asked questions

  • What is the Incorporation or founding date of Highway Forex Conversions Private Limited?

    Highway Forex Conversions Private Limited was incorporated on 24 Sep 1999.

  • What is authorized share capital and paid-up capital of Highway Forex Conversions Private Limited?

    The authorized share capital of Highway Forex Conversions Private Limited is ₹ 2.70 M and paid-up capital is ₹ 2.70 M.

  • Who are the current board members & directors of Highway Forex Conversions Private Limited?

    Currently 2 directors are associated with Highway Forex Conversions Private Limited.

    • Kannan Tamilselvi
    • Trichy Ponnurangam Kannan
  • What is the registered address of Highway Forex Conversions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Highway Forex Conversions Private Limited is B 28 Jenne Plaza 5 Bharathiyar Salai India, Trichy, Tamil Nadu, 620001.

  • What is the corporate identification number (CIN) and company number of Highway Forex Conversions Private Limited?

    The corporate identification number (CIN) of Highway Forex Conversions Private Limited is U74991TN1999PTC043227 and the company number is 043227 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Highway Forex Conversions Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Highway Forex Conversions Private Limited has risen by 79.40%.

  • What change has been observed in the net worth of Highway Forex Conversions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Highway Forex Conversions Private Limited has experienced an upsurge of 2.34%.

  • When was the last Balance Sheet of Highway Forex Conversions Private Limited filed with the ROC?

    The most recent Balance Sheet for Highway Forex Conversions Private Limited was filed with the ROC on 31 Mar 2024.

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