Major Forex Private Limited
About Major Forex Private Limited
Data last updated:
Major Forex Private Limited is a private limited company based in Rohini, Delhi, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 13 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U65929DL2017PTC319121. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹32 Lakh. It is led by directors Nitesh and Suman Lata.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Shop No. 18 Csc – 10 Sector – 3, Rohini, Delhi, India – 110085.
As per the financials filed for FY 2021, the company reported a revenue of ₹38,263, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹31.02 Lakh and EBITDA of -₹30.29 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 88% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
- Social MediaLocked
- Registered AddressShop No. 18 Csc – 10 Sector – 3, Rohini, Delhi, India – 110085
- IndustryFinancial Services, Other Financial Intermediation, Pawn Shops, Credit Allocation Agencies
- 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
- One PDF report, delivered after checkout
Business Activity of Major Forex Private Limited
The main business activity of Major Forex is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Major Forex Private Limited FY 2021 filings available
Major Forex Private Limited reported revenue of ₹38,263 (down 100% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Major Forex Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 88% over three years. 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 of Major Forex Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹30.29 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹31.02 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Major Forex Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Major Forex are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Major Forex Private Limited
Major Forex Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other financial activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zulu Merchandise Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Inter Globe Medical College & Hospital Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Swapno Commotrade Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Brightsun Commotrade Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Primium Nidhi Limited | •••• | •••• | •••• | •••• | - | Vaishali, Bihar, India |
| Major Forex Private Limited this company | •••• | •••• | •••• | •••• | - | Rohini, Delhi, India |
| S. L. Trades & Finance (India) Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Ideen Furniture Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Krishiv In.Tech Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Northpole Agencies Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Devdoot Tradelink Pvt Ltd | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Major Forex by revenue in the same principal business activity (Other financial activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Major Forex Private Limited
Major 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 |
|---|---|---|---|---|
| Nitesh | Director | 13 Jun 2017 | 9 Years 3 Months | Current |
| Suman Lata | Director | 04 Dec 2019 | 6 Years 10 Months | Current |
Ownership and Shareholding of Major Forex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Major Forex Private Limited
Major Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Major Forex Private Limited
Employment history and EPFO contributions of people linked to Major Forex.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Major Forex Private Limited
Major Forex Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Suman Lata ceased to be Additional Director on 31 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Major Forex Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Major Forex Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Major Forex Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Major Forex Private Limited
Major Forex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Major Forex Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Major Forex Private Limited
Major Forex is an active private limited company based in Rohini, Delhi, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 13 June 2017 (9+ years old) and is registered under CIN U65929DL2017PTC319121.
Major Forex reported revenue of ₹38,263 for FY 2021 (down 100% YoY).
Major Forex has 2 current directors:
- Nitesh - Director
- Suman Lata - Director
Major Forex reported a net loss of ₹31.02 Lakh and EBITDA of -₹30.29 Lakh for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Major Forex is -88% over three years. CAGR is the steady yearly rate that links the first and the last year.
No. Major Forex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Major Forex is U65929DL2017PTC319121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Major Forex was incorporated on 13 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Major Forex by revenue are Zulu Merchandise Pvt Ltd, Inter Globe Medical College & Hospital Limited, Swapno Commotrade Private Limited, Brightsun Commotrade Pvt Ltd, Primium Nidhi Limited and 5 more, all in the same principal business activity (Other financial activities).
Suman Lata ceased to be Additional Director on 31 Dec 2020. Neha Mahajan ceased to be Director on 04 Dec 2019. Suman Lata was appointed as Director on 04 Dec 2019. Major Forex has 4 board changes on record in total.
The registered office of Major Forex is at Shop No. 18 Csc – 10 Sector – 3, Rohini, Delhi, India – 110085.