MRR Forex Services Private Limited
About MRR Forex Services Private Limited
Data last updated:
MRR Forex Services Private Limited is a private limited company based in Gurugram, Haryana, India. It operates in the forex services segment of the financial services sector. It was incorporated on 08 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U67100HR2018PTC072506. Its GSTIN is 06AALCM6044J1Z8 (Haryana).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Bhupender Kumar and Anit Mandal.
Its last annual general meeting (AGM) was held on 15 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at House No 1743 Gali No 10 Laxman Vihar, Gurugram, Haryana, India – 122006.
As per the financials filed for FY 2020, the company reported a revenue of ₹575.29 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹11.21 Lakh (net margin 0%) and EBITDA of ₹16.02 Lakh (EBITDA margin 0%).
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
MRR Forex Services Private Limited's registered office is in Gurugram, Haryana. Its e-mail address is in the company report.
- Email
- Registered AddressHouse No 1743 Gali No 10 Laxman Vihar, Gurugram, Haryana, India – 122006
- IndustryFinancial Services, Forex Services
To see the full contact details of MRR Forex Services 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 MRR Forex Services 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 MRR Forex Services Private Limited, buy the company report.
Financials of MRR Forex Services Private Limited
FY 2020 filings availableMRR Forex Services Private Limited reported revenue of ₹575.29 Cr (up 909% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 909% in the latest year. EBITDA rose 152% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹575.29 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹16.02 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹11.21 Lakh | ||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0% | ||
| Net Profit Margin | 0% | ||
| 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 MRR Forex Services Private Limited, buy the company report.
Board of directors of MRR Forex Services Private Limited
MRR Forex Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhupender Kumar | Director | 07 Jul 2021 | 5 Years 4 Months | Current |
| Anit Mandal | Director | 23 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
MRR Forex Services Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Forex Services, 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 |
|---|---|---|---|---|---|---|
| Viable Forex and Travels Private Limited | ₹958 Cr (FY 2023) | 495.0% | New Delhi, Delhi, India | |||
| SSL Forex Private Limited | ₹589.44 Cr (FY 2024) | 152.0% | Gurgaon, Haryana, India | |||
| MRR Forex Services Private Limitedthis company | ₹575.29 Cr (FY 2020) | ₹11.21 Lakh | 0% | 909.0% | Gurugram, Haryana, India | |
| Pheroze Framroze and Company Private Limited | ₹516.63 Cr (FY 2025) | -38.0% | Mumbai, Maharashtra, India | |||
| Rnfi Money Private Limited | ₹490.29 Cr (FY 2025) | -24.0% | New Delhi, Delhi, India |
To see the full peer comparison of MRR Forex Services Private Limited, buy the company report.
Auditor
MRR Forex Services Private Limited is audited by THAKUR BHUWANESH & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THAKUR BHUWANESH & ASSOCIATES | FY 2020 | 019690N |
Shareholding
The shareholding of MRR Forex Services Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of MRR Forex Services Private Limited, buy the company report.
Legal cases
MRR Forex Services Private Limited has 1 court case on record: 1 filed by MRR Forex Services. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against The State (NCT of Delhi) & Anr. | Disposed |
To see the full case history of MRR Forex Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MRR Forex Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MRR Forex Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AALCM6044J1Z8 | Haryana | Active | 08 Sep 2018 |
To see the full GST registrations and return filing status of MRR Forex Services Private Limited, buy the company report.
Recent activity
MRR Forex Services Private Limited has 5 board changes on record since 2021: 2 appointments and 3 cessations. The latest: Anit Mandal was appointed as Director on 23 Jul 2021.
Frequently asked questions
MRR Forex Services is an active private limited company based in Gurugram, Haryana, India. The company works in forex services, within the financial services industry. It was incorporated on 08 February 2018 (8+ years old) and is registered under CIN U67100HR2018PTC072506.
MRR Forex Services has 2 current directors:
- Bhupender Kumar - Director
- Anit Mandal - Director
The latest financial statements of MRR Forex Services on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 15 September 2020. Year-wise statements from FY 2018 are in the company report.
The GSTIN of MRR Forex Services is 06AALCM6044J1Z8, registered in Haryana.
The CIN (Corporate Identification Number) of MRR Forex Services is U67100HR2018PTC072506. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MRR Forex Services has 1 court case on record: 1 filed by the company.
MRR Forex Services was incorporated on 08 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of MRR Forex Services by revenue are Viable Forex and Travels Private Limited, SSL Forex Private Limited, Pheroze Framroze and Company Private Limited, Rnfi Money Private Limited, all in the BFSI industry (Forex Services, Money Exchange Services), with the same principal business activity (other financial activities).
Anit Mandal was appointed as Director on 23 Jul 2021. Rishab Sehgal ceased to be Director on 23 Jul 2021. Bhupender Kumar was appointed as Director on 07 Jul 2021. MRR Forex Services has 5 board changes on record in total.
The registered office of MRR Forex Services is at House No 1743 Gali No 10 Laxman Vihar, Gurugram, Haryana, India – 122006.
MRR Forex Services operates in the financial services industry, in the forex services segment.
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