Palak Forex Private Limited Company Logo

Palak Forex Private Limited - Company Profile

It is a financial services private limited company based in Mumbai, Maharashtra, India, established in 2004.

2004 | Mumbai, Maharashtra, India | Active
Last Updated:

About Palak Forex Private Limited

Palak Forex Private Limited, a active private limited company, was established on 20 May 2004 in Mumbai, Maharashtra, India. Engaging in forex services within the trade sector, it holds CIN: U74999MH2004PTC146425. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.50 M.

It upholds a compliant status. Its leadership includes Mahesh Rajmal Parekh (Director), Amit Valchand Jain (Director). Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 201 2Nd Floor Pratik Avenuenehru Road Vile Parle (E), Mumbai, Maharashtra, 400057.

Company Details

  • CIN/LLPIN

    U74999MH2004PTC146425

  • Registration Number

    146425

  • Incorporation Date

    20 May 2004

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹2.50 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 21 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth 105.13%
  • Profit Growth 566.39%
  • Ebitda 413.87%
  • Net Worth 40.44%
  • Total Assets -6.44%
Company report

Palak Forex Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Palak 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.

Access Report Banner Element

Who are the key members and board of directors at Palak Forex Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Mahesh Rajmal ParekhDirector20 May 2004Current
Amit Valchand JainDirector20 May 2004Current

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Palak Forex.

Palak Forex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 105.13% increase. The company also saw a substantial improvement in profitability, with a 566.39% increase in profit. The company's net worth Soared by an impressive increase of 40.44%.

Palak Forex revenue growth over time
Palak Forex profit and loss trends over time
  • 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
105.13%
Revenue from Operations
105.10%
Total Assets
-6.44%
Profit or Loss
566.39%
Net Worth
40.44%
EBITDA
413.87%

What is the Ownership and Shareholding Structure of Palak Forex?

In 2023, Palak 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 Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Palak Forex?

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

Employee growth trends for Palak Forex Private Limited

Deals i

Graph showing company valuation over time

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

Rating

Graph displaying rating trends over time

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

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.

Latest Updates, News, and FAQs on Palak Forex

Recent Activity within the Organization

  • Annual General Meeting

    The activity Palak Forex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Palak Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Director Appointment

    Mahesh Rajmal Parekh was appointed as a Director was appointed as a Director on 20 May 2004 & has been associated with this company since 21 years 7 months . was recorded as a recent event.

  • Director Appointment

    The activity Amit Valchand Jain was appointed as a Director was appointed as a Director on 20 May 2004 & has been associated with this company since 21 years 7 months . was completed.

  • Company Incorporation

    The activity Palak Forex Private Limited was registered on 20 May 2004 with Roc Mumbai & aged 21 years 7 months as per MCA records. was completed.

Frequently Asked Questions

  • What is the CIN of Palak Forex Private Limited?

    The CIN of Palak Forex Private Limited is U74999MH2004PTC146425.

  • Where is Palak Forex Private Limited headquartered?

    Palak Forex Private Limited is headquartered at 201 2Nd Floor Pratik Avenuenehru Road Vile Parle (E), Mumbai, Maharashtra, 400057.

  • When was Palak Forex Private Limited incorporated?

    Palak Forex Private Limited was incorporated on 20 May 2004.

  • Who are the current directors of Palak Forex Private Limited?

    The current directors of Palak Forex Private Limited are

  • What is the primary industry of Palak Forex Private Limited?

    The primary industry of Palak Forex Private Limited is Trade.

  • Is Palak Forex Private Limited a listed company?

    Palak Forex Private Limited is unlisted.

  • What is the capital structure of Palak Forex Private Limited?

    The authorized capital of Palak Forex Private Limited is ₹2.50 M, and the paid-up capital is ₹2.50 M.

  • What is the compliance status of Palak Forex Private Limited?

    The compliance status of Palak Forex Private Limited is Compliant.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial