M.C.N. Forex Private Limited
About M.C.N. Forex Private Limited
Data last updated:
M.C.N. Forex Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 25 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65999TN2017PTC118293. Its GSTIN is 33AALCM2878A1ZK (Tamil Nadu).
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Jaibu Nisha and Ahmed Rasmi.
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 is at New No. 19 Old No. 7 Bajanai Koil 2nd Street Choolaimedu, Chennai, Tamil Nadu, India – 600094.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.01 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹7,596 (net margin -3.8%) and EBITDA of -₹2,846 (EBITDA margin -1.4%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
M.C.N. Forex Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNew No. 19 Old No. 7 Bajanai Koil 2nd Street Choolaimedu, Chennai, Tamil Nadu, India – 600094
- IndustryFinancial Services, Other Financial Intermediation
To see the full contact details of M.C.N. 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 M.C.N. 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 M.C.N. Forex Private Limited, buy the company report.
Financials of M.C.N. Forex Private Limited
FY 2023 filings availableM.C.N. Forex Private Limited reported revenue of ₹2.01 Lakh (up 13286% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over three years. EBITDA rose 87% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹2,846 | ||||
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| Net Profit (PAT) | -₹7,596 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -1.4% | ||||
| Net Profit Margin | -3.8% | ||||
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To see the full financial statements and ratios of M.C.N. Forex Private Limited, buy the company report.
Board of directors of M.C.N. Forex Private Limited
M.C.N. Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaibu Nisha | Director | 25 Aug 2017 | 9 Years 2 Months | Current |
| Ahmed Rasmi | Director | 25 Aug 2017 | 9 Years 2 Months | Current |
Peer comparison
M.C.N. Forex Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Kovai Tech Nidhi Limited | ₹2.01 Lakh (FY 2022) | Coimbatore, Tamil Nadu, India | ||||
| Ams Stock Management Private Limited | ₹2.01 Lakh (FY 2022) | -86.0% | Mumbai, Maharashtra, India | |||
| Zuber Marketing Limited | ₹2.01 Lakh (FY 2019) | 2782.0% | Mumbai, Maharashtra, India | |||
| Shivswarajya Multipurpose Nidhi Limited | ₹2.01 Lakh (FY 2022) | Hatkanangale, Maharashtra, India | ||||
| Kanchan Trade & Commerce Pvt. Ltd. | ₹2.01 Lakh (FY 2024) | -82.0% | Kolkata, West Bengal, India | |||
| M.C.N. Forex Private Limitedthis company | ₹2.01 Lakh (FY 2022) | -₹7,596 | -3.8% | 13286.0% | Chennai, Tamil Nadu, India | |
| Darsana Kuries Pvt Ltd | ₹2.01 Lakh (FY 2025) | -65.0% | Thrissur, Kerala, India | |||
| Chapal Properties Pvt Ltd | ₹2.01 Lakh (FY 2025) | 14.0% | Kolkata, West Bengal, India | |||
| Mayetri Microservice Foundation | ₹2.01 Lakh (FY 2025) | 27.0% | New Delhi, Delhi, India | |||
| Maryn Industries Private Limited | ₹2.01 Lakh (FY 2019) | -91.0% | Kolkata, West Bengal, India | |||
| Vedanta Vihar Pvt Ltd | ₹2 Lakh (FY 2025) | 0.0% | Kolkata, West Bengal, India |
To see the full peer comparison of M.C.N. Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving M.C.N. 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 M.C.N. Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M.C.N. Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AALCM2878A1ZK | Tamil Nadu | Active | 20 Nov 2018 |
To see the full GST registrations and return filing status of M.C.N. Forex Private Limited, buy the company report.
Recent activity
M.C.N. Forex Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Ahmed Rasmi was appointed as Director on 25 Aug 2017.
Frequently asked questions
M.C.N. Forex is an active private limited company based in Chennai, Tamil Nadu, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 25 August 2017 (9+ years old) and is registered under CIN U65999TN2017PTC118293.
M.C.N. Forex has 2 current directors:
- Jaibu Nisha - Director
- Ahmed Rasmi - Director
The latest financial statements of M.C.N. 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 FY 2018 are in the company report.
The GSTIN of M.C.N. Forex is 33AALCM2878A1ZK, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of M.C.N. Forex is U65999TN2017PTC118293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M.C.N. Forex was incorporated on 25 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of M.C.N. Forex by revenue are Kovai Tech Nidhi Limited, Ams Stock Management Private Limited, Zuber Marketing Limited, Shivswarajya Multipurpose Nidhi Limited, Kanchan Trade & Commerce Pvt. Ltd. and 5 more, all in the same principal business activity (other financial activities).
Ahmed Rasmi was appointed as Director on 25 Aug 2017. Jaibu Nisha was appointed as Director on 25 Aug 2017.
The registered office of M.C.N. Forex is at New No. 19 Old No. 7 Bajanai Koil 2nd Street Choolaimedu, Chennai, Tamil Nadu, India – 600094.
M.C.N. Forex operates in the financial services industry, in the other financial intermediation segment.
The compliance status of M.C.N. Forex is compliant as of 08 September 2026. The company is actively filing with the Registrar of Companies.