Manglik Forex Private Limited

Manglik Forex Private Limited - financial services in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U68100MH2005PTC155547 Incorporated 23 August 2005 ROC Mumbai HQ Mumbai, Maharashtra, India
Converted to LLP Private Limited Company financial services
Data last updated
Revenue · FY 2021
₹132.64 Cr
▼ 87% YoY
Net profit · FY 2021
₹6,903
Net margin 0%
EBITDA · FY 2021
₹4.36 Lakh
EBITDA margin 0%
Authorised capital
₹65 Lakh
Registered with MCA
Paid-up capital
₹61.54 Lakh
Issued & subscribed
Satisfied charges
₹3.6 Cr
No open charges
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings

About Manglik Forex Private Limited

Data last updated:

Manglik Forex Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the forex services segment of the financial services sector. It was incorporated on 23 August 2005.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U68100MH2005PTC155547. Its GSTIN is 27AAFCA3368R1Z1 (Maharashtra).

The company had an authorised share capital of ₹65 Lakh and a paid-up capital of ₹61.54 Lakh. It was formerly known as Anil Forex Private Limited. It was led by directors Yogesh Moolchand Parekh and Moolchand Vanechand Parekh.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.

As per the financials filed for FY 2021, the company reported a revenue of ₹132.64 Cr, a decline of 87% compared to the previous year. For the same year it recorded a net profit of ₹6,903 (net margin 0%) and EBITDA of ₹4.36 Lakh (EBITDA margin 0%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 3% over five years.

As per MCA filings, the company has satisfied charges of ₹3.6 Cr on record.

Company details

CIN U68100MH2005PTC155547
Registration Number 155547
Incorporation Date 23 August 2005
ROC Mumbai
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant

CIN history

Manglik Forex has one previous CIN (Corporate Identification Number): U74999MH2005PTC155547. The current CIN is U68100MH2005PTC155547, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U68100MH2005PTC155547Current
U74999MH2005PTC155547Previous

Contact details

Manglik Forex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Shop No.11 Nand Prem Bldg. Shop Centre M G Road Corner Vile Parle East Nr. Bill Collect, Ion Centre, Mumbai, Maharashtra, India – 400057
  • Industry
    Financial Services, Forex Services

To see the full contact details of Manglik Forex Private Limited, buy the company report.

Comprehensive company report
Manglik Forex Private Limited - one report that includes everything
  • 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
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Financials of Manglik Forex Private Limited

FY 2023 filings available

Manglik Forex Private Limited reported revenue of ₹132.64 Cr (down 87% YoY) for FY 2021.

Revenue · FY 2021
₹132.64 Cr ▼ 87%
Net profit · FY 2021
₹6,903 margin 0%
EBITDA · FY 2021
₹4.36 Lakh margin 0%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 87%
3 years · compounded
▼ 29%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 91%
3 years · compounded
▼ 47%
5 years · compounded
▼ 20%

Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 87% fall in the latest year. EBITDA fell 91% 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations₹132.64 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.36 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6,903
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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin0%
Net Profit Margin0%
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

To see the full financial statements and ratios of Manglik Forex Private Limited, buy the company report.

Board of directors of Manglik Forex Private Limited

Manglik Forex has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Yogesh Moolchand ParekhDirector20 Jul 20179 Years 3 MonthsAs last reported
Moolchand Vanechand ParekhDirector04 Jan 201115 Years 9 MonthsAs last reported

Auditor

Manglik Forex Private Limited is audited by VJS & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
VJS & COFY 2021123273W

Shareholding

The shareholding of Manglik Forex Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Manglik Forex Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹3.6 Cr
Breakdown by lending institutions
Others₹3.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Mar 2019100268213Others₹3.6 CrSatisfied

To see the full charge records of Manglik Forex Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Manglik Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Manglik Forex has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCA3368R1Z1MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Manglik Forex Private Limited, buy the company report.

Recent activity

Manglik Forex Private Limited has 9 board changes on record since 2008: 2 appointments and 7 cessations. The latest: Yogesh Moolchand Parekh ceased to be Additional Director on 29 Sep 2018.

Charges
A charge registered on 22 Mar 2019 via Charge ID 100268213 with Others was fully satisfied on 04 Oct 2023.
AGM
Manglik Forex Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Manglik Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 360.00 Lakh with Charge ID 100268213 was registered on 22 Mar 2019.
Ceased
Yogesh Moolchand Parekh ceased to be Additional Director.
Ceased
Arvind Vanechand Parekh ceased to be Director.
Appointed
Yogesh Moolchand Parekh was appointed as Director.
Ceased
Moolchand Vanechand Parekh ceased to be Additional Director.
Ceased
Bhavesh Prakash Parekh ceased to be Director.
Ceased
Dharmesh Prakashmal Parekh ceased to be Director.
Appointed
Moolchand Vanechand Parekh was appointed as Director.
Ceased
Anil Daulatraj Jain ceased to be Director.

2 earlier events are in the company report.

Frequently asked questions

Manglik Forex has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Manglik Forex was a private limited company based in Mumbai, Maharashtra, India. The company worked in forex services, within the financial services industry. It was incorporated on 23 August 2005 and is registered under CIN U68100MH2005PTC155547. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Manglik Forex is U68100MH2005PTC155547. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Manglik Forex had 2 directors:

Manglik Forex was incorporated on 23 August 2005. It is registered with the Registrar of Companies, Mumbai.

The registered office of Manglik Forex is at Shop No.11 Nand Prem Bldg. Shop Centre M G Road Corner Vile Parle East Nr. Bill Collect, Ion Centre, Mumbai, Maharashtra, India – 400057.

The latest financial statements of Manglik Forex on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Manglik Forex is 27AAFCA3368R1Z1, registered in Maharashtra.

Manglik Forex operated in the financial services industry, in the forex services segment.

Yogesh Moolchand Parekh ceased to be Additional Director on 29 Sep 2018. Arvind Vanechand Parekh ceased to be Director on 07 Sep 2017. Yogesh Moolchand Parekh was appointed as Director on 20 Jul 2017. Manglik Forex has 9 board changes on record in total.