Mayil Forex Private Limited - Company Profile

It is a financial services private limited company based in Sivakasi, Tamil Nadu, India, established in 2017.
2017 Sivakasi, Tamil Nadu, India Active
Last Updated:
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About Mayil Forex Private Limited

Mayil Forex Private Limited, a active private limited company, was established on 11 April 2017 in Sivakasi, Tamil Nadu, India. Engaging in diversified financial services within the financial and insurance service sector, it holds CIN: U65999TN2017PTC116033. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹5.00 M.

It upholds a compliant status. Its leadership includes Backialakshmi (Director), Mayilappan Manickavel (Managing Director), Venugopal Krishnan (Director). Past directors included Venugopal Krishnan, Manjunatha Chandrabose. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 270A Kamarajar Road Kanthapuram Colony, Sivakasi, Tamil Nadu, 626123.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U65999TN2017PTC116033

  • Registration Number

    116033

  • Incorporation Date

    11 April 2017

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹5.00 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 8 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -13.62%
  • Profit Growth **** 581.45%
  • Ebitda **** 173.49%
  • Net Worth 0.35%
  • Total Assets **** 0.85%
Company report

Mayil Forex Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mayil Forex Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Mayil Forex Private Limited?
Current Directors
Name Designation Appointment Date Status
Backialakshmi Director 11 Apr 2017 Current
Mayilappan Manickavel Managing Director 11 Apr 2017 Current
Venugopal Krishnan Director 21 Aug 2019 Current
Manjunatha Chandrabose Director 21 Aug 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past

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Financial Performance of Mayil Forex.

Mayil Forex Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 13.62% decrease. The company also saw a substantial improvement in profitability, with a 581.45% increase in profit. The company's net worth moved up by a moderate rise of 0.35%.

Mayil Forex revenue growth over time
Mayil Forex profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -13.62%
*******
*******
*******
*******
Revenue from Operations
*******
 -13.94%
*******
*******
*******
*******
Total Assets
*******
 0.85%
*******
*******
*******
*******
Profit or Loss
*******
 581.45%
*******
*******
*******
*******
Net Worth
*******
 0.35%
*******
*******
*******
*******
EBITDA
*******
 173.49%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mayil Forex?

In 2021, Mayil Forex 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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Mayil Forex?

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

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mayil Forex, 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 Mayil Forex's trajectory.

Rating
Graph displaying rating trends over time

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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.

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Latest Updates, News, and FAQs on Mayil Forex
Recent Activity within the Organization
  • Annual General Meeting

    The activity Mayil Forex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Mayil Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was completed.

  • Director Appointment

    The activity Venugopal Krishnan was appointed as a Director was appointed as a Director on 21 Aug 2019 & has been associated with this company since 6 years 6 months . was completed.

  • Director Appointment

    Progress on Manjunatha Chandrabose was appointed as a Director was appointed as a Director on 21 Aug 2019 & has been associated with this company since 6 years 6 months . was documented.

  • Director Appointment

    The activity Backialakshmi was appointed as a Director was appointed as a Director on 11 Apr 2017 & has been associated with this company since 8 years 10 months . was completed.

  • Director Appointment

    Mayilappan Manickavel was appointed as a Managing Director was appointed as a Managing Director on 11 Apr 2017 & has been associated with this company since 8 years 10 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Mayil Forex Private Limited?

The CIN of Mayil Forex Private Limited is U65999TN2017PTC116033.

Where is Mayil Forex Private Limited headquartered?

Mayil Forex Private Limited is headquartered at 270A Kamarajar Road Kanthapuram Colony, Sivakasi, Tamil Nadu, 626123.

When was Mayil Forex Private Limited incorporated?

Mayil Forex Private Limited was incorporated on 11 April 2017.

Who are the current directors of Mayil Forex Private Limited?

The current directors of Mayil Forex Private Limited are

What is the primary industry of Mayil Forex Private Limited?

The primary industry of Mayil Forex Private Limited is Financial And Insurance Service.

Is Mayil Forex Private Limited a listed company?

Mayil Forex Private Limited is unlisted.

What is the capital structure of Mayil Forex Private Limited?

The authorized capital of Mayil Forex Private Limited is ₹5.00 M, and the paid-up capital is ₹5.00 M.

What is the compliance status of Mayil Forex Private Limited?

The compliance status of Mayil Forex Private Limited is Compliant.

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