MMK Forex Private Limited
About MMK Forex Private Limited
Data last updated:
MMK Forex Private Limited is a private limited company based in Gulbarga, Karnataka, India. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 20 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67100KA2018PTC114131. Its GSTIN is 29AALCM9210C1ZH (Karnataka).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Meer Muddabir Ali Khan and Meer Muddassir Ali Khan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H. No: 7 – 1202/58/2 Islamabad Colony Muzammil Manzil, Gulbarga, Karnataka, India – 585104.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.22 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹12,760 (net margin 0.1%) and EBITDA of ₹20,760 (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 7% over five years.
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- Registered AddressH. No: 7 – 1202/58/2 Islamabad Colony Muzammil Manzil, Gulbarga, Karnataka, India – 585104
- IndustryFinancial Services, Auxiliary To Financial Intermediatory
- 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 MMK Forex Private Limited
The main business activity of MMK Forex is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance 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 MMK Forex Private Limited FY 2025 filings available
MMK Forex Private Limited reported revenue of ₹1.22 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of MMK Forex Private Limited
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 82% 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 of MMK Forex Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹20,760 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12,760 | •••• | •••• | •••• | •••• |
| 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 MMK Forex Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 MMK Forex are in the company report.
Financial statements from FY 2019
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 MMK Forex Private Limited
MMK Forex Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Activities auxiliary to financial service and insurance activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Velociped Trading Private Limited | ₹1.22 Cr (FY 2025) | •••• | •••• | -63.0% | •••• | Pune, Maharashtra, India |
| S. Malhotra & Co. Private Limited | ₹1.22 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Shree Vighneshwara Chit Fund Private Limited | ₹1.22 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Pune, Maharashtra, India |
| Idc Securities Limited | ₹1.22 Cr (FY 2024) | •••• | •••• | -60.0% | •••• | New Delhi, Delhi, India |
| Eden Finserv Private Limited | ₹1.22 Cr (FY 2025) | •••• | •••• | 114.0% | •••• | Kolkata, West Bengal, India |
| MMK Forex Private Limited this company | ₹1.22 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Gulbarga, Karnataka, India |
| Bhavya Sampada Private Limited | ₹1.21 Cr (FY 2025) | •••• | •••• | 124.0% | •••• | Hyderabad, Telangana, India |
| Aksha Moneyworks4u Private Limited | ₹1.21 Cr (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Equest (India) Private Limited | ₹1.21 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Mumbai, Maharashtra, India |
| S C Finance and Investments Private Limited | ₹1.21 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Enhancer Trading Private Limited | ₹1.21 Cr (FY 2024) | •••• | •••• | -77.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below MMK Forex by revenue in the same principal business activity (Activities auxiliary to financial service and insurance activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of MMK Forex Private Limited
MMK 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 |
|---|---|---|---|---|
| Meer Muddabir Ali Khan Also directs: Al Sayeed Tours and Travels Private Limited | Director | 20 Jun 2018 | 8 Years 3 Months | Current |
| Meer Muddassir Ali Khan | Director | 30 Dec 2019 | 6 Years 9 Months | Current |
Ownership and Shareholding of MMK 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 MMK Forex Private Limited
MMK Forex Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at MMK Forex Private Limited
Employment history and EPFO contributions of people linked to MMK 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 MMK Forex Private Limited
MMK Forex Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Meer Muddassir Ali Khan ceased to be Additional Director on 31 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for MMK 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 MMK 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 MMK 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 MMK Forex Private Limited
MMK Forex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCM9210C1ZH | Karnataka | Active | 09 Nov 2018 |
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 MMK 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 MMK Forex Private Limited
MMK Forex is an active private limited company based in Gulbarga, Karnataka, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 20 June 2018 (8+ years old) and is registered under CIN U67100KA2018PTC114131.
MMK Forex reported revenue of ₹1.22 Cr for FY 2024 (up 8% YoY).
MMK Forex has 2 current directors:
- Meer Muddabir Ali Khan - Director
- Meer Muddassir Ali Khan - Director
MMK Forex reported a net profit of ₹12,760 (net margin 0.1%) and EBITDA of ₹20,760 (EBITDA margin 0.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MMK Forex is 7% over three years and -7% over five years. In the latest year (FY 2024) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of MMK Forex is 29AALCM9210C1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of MMK Forex is U67100KA2018PTC114131. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MMK Forex was incorporated on 20 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of MMK Forex by revenue are Velociped Trading Private Limited, S. Malhotra & Co. Private Limited, Shree Vighneshwara Chit Fund Private Limited, Idc Securities Limited, Eden Finserv Private Limited and 5 more, all in the same principal business activity (Activities auxiliary to financial service and insurance activities).
Meer Muddassir Ali Khan ceased to be Additional Director on 31 Dec 2020. Sameer Vikar ceased to be Director on 31 Dec 2019. Meer Muddassir Ali Khan was appointed as Director on 30 Dec 2019. MMK Forex has 4 board changes on record in total.
The registered office of MMK Forex is at H. No: 7 – 1202582 Islamabad Colony Muzammil Manzil, Gulbarga, Karnataka, India – 585104.