Muthoot Forex Limited - Company Profile

Q: Who are the current directors of Muthoot Forex Limited?

The current directors of Muthoot Forex Limited are Anna Alexander, George Alexander Muthoot, Kuttickattu Rajappan Bijimon, George Jacob Muthoot, Kiran Gopalakrishna Pillai, Jinil Jose, Sankarapillai Satheeshkumar, Riya Teresa Konnully Augustus, Kurian Chirathalattu George.

It is a financial services public limited company based in Ernakulam, Kerala, India, established in 2000.

2000 Ernakulam, Kerala, India Active

Last Updated: January 06, 2026

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About Muthoot Forex Limited

Muthoot Forex Limited, a active public limited company, was established on 04 September 2000 in Ernakulam, Kerala, India. Engaging in forex services within the financial and insurance service sector, it holds CIN: U67190KL2000PLC014180. Registered under ROC Roc Ernakulam. it is unlisted. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹11.00 Cr.

Formerly known as Muthoot Forex Private Limited, Muthoot Exchange Company Private Limited. It upholds a compliant status. Employing 114 professional, Its leadership includes Anna Alexander (Director), George Alexander Muthoot (Director), Kuttickattu Rajappan Bijimon (Director). Past directors included Sachu Sivas, Chamacheril Mohan Abraham, Kuttickattu Rajappan Bijimon. It holds ₹2.25 Cr open charges and ₹20.30 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 3Rd Floor Kurian Towersopp Saritha Theatre Complex Banerji Road, Ernakulam, Kerala, 682018.

Company Details

CIN/LLPIN
U67190KL2000PLC014180
Registration Number
014180
Incorporation Date
04 September 2000
Authorized Capital
₹20.00 Cr
Paid-Up Capital
₹11.00 Cr
ROC Code
Roc Ernakulam
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 20.00 Cr as on 06-01-2026
Paid Up Capital ₹ 11.00 Cr as on 06-01-2026
Company Age 25 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 2.25 Cr as on 06-01-2026
Satisfied Charges ₹ 20.30 Cr as on 06-01-2026
Revenue Growth **** 29.76% (FY 2023)
Profit Growth **** 0.40% (FY 2023)
Ebitda **** 1000.78% (FY 2023)
Net Worth 10.62% (FY 2023)
Total Assets **** 11.23% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Muthoot Forex 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 Muthoot Forex Limited?

Current Directors

Name	Designation	Appointment Date	Status
Anna Alexander	Director	04 Sep 2000	Current
George Alexander Muthoot	Director	04 Sep 2000	Current
Kuttickattu Rajappan Bijimon	Director	30 Sep 2014	Current
George Jacob Muthoot	Director	31 Mar 2015	Current
Kiran Gopalakrishna Pillai	Director	30 Sep 2024	Current
Kurian Chirathalattu George	Director	30 Sep 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Director	30 Sep 2022	Past
Pramod Abcsdd	Additional Director	29 Sep 2018	Past
Pramod Abcsdd	Company Secretary	31 Jul 2019	Past
Pramod Abcsdd	Chief Financial Officer	-	Past
Pramod Abcsdd	Cfo	-	Past

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Financial Performance of Muthoot Forex.

Muthoot Forex Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.76% increase. The company also saw a slight improvement in profitability, with a 0.4% increase in profit. The company's net worth Soared by an impressive increase of 10.62%.

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

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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

********

29.76%

*******

Revenue from Operations

*******

39.89%

*******

Total Assets

*******

11.23%

*******

Profit or Loss

*******

0.40%

*******

Net Worth

*******

10.62%

*******

EBITDA

*******

1000.78%

*******

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What is the Ownership and Shareholding Structure of Muthoot Forex?

In 2022, Muthoot Forex had a promoter holding of 63.91% and a public holding of 36.09%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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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Charges (Loans)

Open Charges

₹22,509,000.00

Satisfied Charges

₹203,000,000.00

Charges Breakdown by Lending Institutions

Others : 2.00 Cr
Canara Bank : 0.25 Cr

Latest Charge Details

Date	Lender	Amount	Status
14 May 2025	Canara Bank	₹2.50 M	Open
14 May 2025	Canara Bank	₹9,000.00	Open
17 Dec 2024	Others	₹2.00 Cr	Open
27 Sep 2018	Others	₹9.05 Cr	Satisfied
17 May 2014	Indusind Bank Limited	₹10.00 Cr	Satisfied

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How Many Employees Work at Muthoot Forex?

Muthoot Forex has a workforce of 114 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

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 Muthoot Forex

Recent Activity within the Organization

Annual General Meeting

Progress on Muthoot Forex Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Charges

Progress on A charge with Canara Bank amounted to Rs. 0.25 Cr with Charge ID 101103514 was registered on 14 May 2025. was documented.
14 May 2025
Charges

The activity A charge with Canara Bank amounted to Rs. 0.00 Cr with Charge ID 101103520 was registered on 14 May 2025. was completed.
14 May 2025
Balance Sheet

The activity Muthoot Forex Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam. was completed.
31 Mar 2025
Charges

The activity A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101074159 was registered on 17 Dec 2024. was completed.
17 Dec 2024
Director Appointment

Kiran Gopalakrishna Pillai was appointed as a Director was appointed as a Director on 30 Sep 2024 & has been associated with this company since 1 year 4 months . was recorded as a recent event.
30 Sep 2024

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