Instacurrency Private Limited

Provides foreign exchange management services and acts as a money changer and consultant.

2014 | Ludhiana, Punjab (India) | Active
Last Updated:

Instacurrency Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 10 Year, 10 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth -91.24%
  • Profit Growth -192.23%
  • Ebitda -86.59%
  • Net Worth -1.56%
  • Total Assets -5.32%

About Instacurrency

Instacurrency Private Limited (IPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 July 2014 and has a history of Ten years and ten months. Its registered office is in Ludhiana, Punjab, 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 2021. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Jasneet Singh, Maneet Kamal, and Shakhar serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67120PB2014PTC038756

  • Company No.

    038756

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jul 2014

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services
Company report

Instacurrency Private Limited

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

Who are the key members and board of directors at Instacurrency?

Executive Team (1)

NameDesignationAppointment DateStatus
Jasneet Singh Country flag representing In Managing Director30-Sep-2016Current

Board Members (2)

NameDesignationAppointment DateStatus
Maneet Kamal Country flag representing In Director 13-Dec-2021Current
Shakhar Country flag representing In Director 21-Mar-2020Current

Financial Performance of Instacurrency.

Instacurrency Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 91.24% decrease. The company also saw a substantial fall in profitability, with a 192.23% decrease in profit. The company's net worth dipped by a decrease of 1.56%.

Instacurrency revenue growth over time
Instacurrency 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
-91.24%
Revenue from Operations
-91.84%
Total Assets
-5.32%
Profit or Loss
-192.23%
Net Worth
-1.56%
EBITDA
-86.59%

What is the Ownership and Shareholding Structure of Instacurrency?

In 2019, Instacurrency had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

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

How Many Employees Work at Instacurrency?

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

Employee growth trends for Instacurrency Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Instacurrency, 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 Instacurrency'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 Instacurrency

Recent activity within the organization

  • Director Appointment

    Maneet Kamal was appointed as a Director was appointed as a Director on 13 Dec 2021 & has been associated with this company since 3 years 5 months .

  • Annual General Meeting

    Instacurrency Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

  • Balance Sheet

    Instacurrency Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chandigarh.

  • Director Appointment

    Shakhar was appointed as a Director was appointed as a Director on 21 Mar 2020 & has been associated with this company since 5 years 2 months .

  • Director Appointment

    Jasneet Singh was appointed as a Managing Director was appointed as a Managing Director on 30 Sep 2016 & has been associated with this company since 8 years 8 months .

  • Company Incorporation

    Instacurrency Private Limited was registered on 17 Jul 2014 with Roc Chandigarh & aged 10 years 10 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Instacurrency Private Limited?

    Instacurrency Private Limited was incorporated on 17 Jul 2014.

  • What is authorized share capital and paid-up capital of Instacurrency Private Limited?

    The authorized share capital of Instacurrency Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Who are the current board members & directors of Instacurrency Private Limited?

    Currently 3 directors are associated with Instacurrency Private Limited.

    • Jasneet Singh
    • Maneet Kamal
    • Shakhar

  • What is the registered address of Instacurrency Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Instacurrency Private Limited is 98-B Shastri Nagar Model Town Near Gtb Hospital India, Ludhiana, Punjab, 141001.

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

    The corporate identification number (CIN) of Instacurrency Private Limited is U67120PB2014PTC038756 and the company number is 038756 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Instacurrency Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Instacurrency Private Limited has fallen by -91.24%.

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

    The financial reports for the fiscal year 2020 indicates that The net worth of Instacurrency Private Limited has experienced an downturn of -1.56%.

  • When was the last Balance Sheet of Instacurrency Private Limited filed with the ROC?

    The most recent Balance Sheet for Instacurrency Private Limited was filed with the ROC on 31 Mar 2021.

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