Manasarovar Forex Private Limited
About Manasarovar Forex Private Limited
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Manasarovar Forex Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 05 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65192TN2014PTC097917. Its GSTIN is 33AAJCM4487D1ZF (Tamil Nadu).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Anantharama Suresh Moorthy and Rathinam Kothandaraman.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Flat No.9 16 Ramanathan Street Mahalingapuram, Chennai, Tamil Nadu, India – 600034.
As per the financials filed for FY 2021, the company reported a revenue of ₹70,121, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹14.65 Lakh and EBITDA of -₹1.91 Lakh (EBITDA margin -271.7%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 57% over five years.
As per MCA filings, the company has open charges of ₹1.16 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Manasarovar Forex Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No.9 16 Ramanathan Street Mahalingapuram, Chennai, Tamil Nadu, India – 600034
- IndustryFinancial Services, Financial Activities
To see the full contact details of Manasarovar 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 Manasarovar 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 Manasarovar Forex Private Limited, buy the company report.
Financials of Manasarovar Forex Private Limited
FY 2021 filings availableManasarovar Forex Private Limited reported revenue of ₹70,121 (down 94% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 94% fall in the latest year. EBITDA fell 119% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹1.91 Lakh | ||||
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| Net Profit (PAT) | -₹14.65 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -271.7% | ||||
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To see the full financial statements and ratios of Manasarovar Forex Private Limited, buy the company report.
Board of directors of Manasarovar Forex Private Limited
Manasarovar Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anantharama Suresh Moorthy | Director | 05 Nov 2014 | 11 Years 11 Months | Current |
| Rathinam Kothandaraman | Director | 05 Nov 2014 | 11 Years 11 Months | Current |
Peer comparison
Manasarovar Forex Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Viyani Enterprises Private Limited | ₹71,470 (FY 2025) | -68.0% | Kottayam, Kerala, India | |||
| Hasten Forex and Travel Private Limited | ₹71,000 (FY 2025) | -100.0% | Rajkot, Gujarat, India | |||
| Manasarovar Forex Private Limitedthis company | ₹70,121 (FY 2021) | -₹14.65 Lakh | -94.0% | Chennai, Tamil Nadu, India | ||
| Al-Haram Foreign Currency Exchange Private Limited | ₹66,000 (FY 2025) | -60.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Manasarovar Forex Private Limited, buy the company report.
Auditor
Manasarovar Forex Private Limited is audited by P.T.PONNAIAH AND CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.T.PONNAIAH AND CO | FY 2017 | 002669S |
Shareholding
The shareholding of Manasarovar Forex Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Manasarovar Forex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2015 | 10597663 | Corporation Bank | ₹1.16 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Manasarovar 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 Manasarovar Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Manasarovar Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCM4487D1ZF | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Manasarovar Forex Private Limited, buy the company report.
Recent activity
Manasarovar Forex Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Anantharama Suresh Moorthy was appointed as Director on 05 Nov 2014.
Frequently asked questions
Manasarovar Forex is an active private limited company based in Chennai, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 05 November 2014 (12+ years old) and is registered under CIN U65192TN2014PTC097917.
Manasarovar Forex has 2 current directors:
- Anantharama Suresh Moorthy - Director
- Rathinam Kothandaraman - Director
The latest financial statements of Manasarovar Forex on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Manasarovar Forex is 33AAJCM4487D1ZF, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Manasarovar Forex is U65192TN2014PTC097917. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manasarovar Forex was incorporated on 05 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Manasarovar Forex by revenue are Viyani Enterprises Private Limited, Hasten Forex and Travel Private Limited, Al-Haram Foreign Currency Exchange Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Anantharama Suresh Moorthy was appointed as Director on 05 Nov 2014. Rathinam Kothandaraman was appointed as Director on 05 Nov 2014.
The registered office of Manasarovar Forex is at Flat No.9 16 Ramanathan Street Mahalingapuram, Chennai, Tamil Nadu, India – 600034.
Manasarovar Forex operates in the financial services industry, in the financial activities segment.
Manasarovar Forex has open charges of ₹1.16 Cr and no satisfied charges on record as per latest MCA filings.