About Karthik Forex Private Limited
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Karthik Forex Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the travel and tour services segment of the transport and logistics sector. It was incorporated on 14 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65923TN2009PTC073195. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹6.6 Lakh. It is led by directors Karthigaibalan Ramachandran (Managing Director) and Kayathiry Karthigaibalan.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No.1 Kasi Apts. Pillayar Koil Street Gandhi Nagar Saligramam, Chennai, Tamil Nadu, India – 600093.
As per the financials filed for FY 2020, the company reported a revenue of ₹16.09 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹777 (net margin 0%) and EBITDA of ₹3,538 (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 22% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karthikforex.com.
Company details
Contact details
Karthik Forex Private Limited's registered office is in Chennai, Tamil Nadu. Its website is karthikforex.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo.1 Kasi Apts. Pillayar Koil Street Gandhi Nagar Saligramam, Chennai, Tamil Nadu, India – 600093
- IndustryTransport and Logistics, Travel & Tour Services
To see the full contact details of Karthik Forex Private Limited, buy the company report.
- 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
Business activity
The main business activity of Karthik Forex is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Karthik Forex Private Limited, buy the company report.
Financials of Karthik Forex Private Limited
FY 2020 filings availableKarthik Forex Private Limited reported revenue of ₹16.09 Lakh (down 61% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 61% fall in the latest year. EBITDA fell 96% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹3,538 | ||||
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| Net Profit (PAT) | ₹777 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Karthik Forex Private Limited, buy the company report.
Board of directors of Karthik Forex Private Limited
Karthik Forex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kayathiry Karthigaibalan | Director | 13 Mar 2017 | 9 Years 7 Months | Current |
| Karthigaibalan Ramachandran | Managing Director | 14 Oct 2009 | 17 Years 0 Months | Current |
Auditor
Karthik Forex Private Limited is audited by MAHESHWARAN & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESHWARAN & CO | FY 2016 |
Shareholding
The shareholding of Karthik Forex Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Karthik Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Karthik Forex 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 Karthik Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karthik Forex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Karthik Forex Private Limited, buy the company report.
Recent activity
Karthik Forex Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Kayathiry Karthigaibalan ceased to be Additional Director on 29 Sep 2017.
Frequently asked questions
Karthik Forex is an active private limited company based in Chennai, Tamil Nadu, India. The company works in travel and tour services, within the transport and logistics industry. It was incorporated on 14 October 2009 (17+ years old) and is registered under CIN U65923TN2009PTC073195.
Karthik Forex has 2 current directors:
- Karthigaibalan Ramachandran - Managing Director
- Kayathiry Karthigaibalan - Director
The latest financial statements of Karthik Forex on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Karthik Forex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Karthik Forex is U65923TN2009PTC073195. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karthik Forex was incorporated on 14 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
Kayathiry Karthigaibalan ceased to be Additional Director on 29 Sep 2017. Ramanathan Thirugnanam ceased to be Director on 15 Mar 2017. Kayathiry Karthigaibalan was appointed as Director on 13 Mar 2017. Karthik Forex has 4 board changes on record in total.
Karthik Forex can be reached through the website karthikforex.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Karthik Forex is at No.1 Kasi Apts. Pillayar Koil Street Gandhi Nagar Saligramam, Chennai, Tamil Nadu, India – 600093.
Karthik Forex operates in the transport and logistics industry, in the travel and tour services segment.