Pasla Foreign Exchange Private Limited
About Pasla Foreign Exchange Private Limited
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Pasla Foreign Exchange Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the forex services segment of the financial services sector. It was incorporated on 21 November 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U67190TN1997PTC039467. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Reshmma Fathima and Faridha Iqbal.
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 I Floor No. 10 Thiru VI Ka Road Royapettah, Chennai, Tamil Nadu, India – 600014.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.03 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.78 Lakh (net margin -0.5%) and EBITDA of ₹1.48 Lakh (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 29% over five years.
As per MCA filings, the company has open charges of ₹11.44 Lakh and satisfied charges of ₹40 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Pasla Foreign Exchange Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressI Floor No. 10 Thiru VI Ka Road Royapettah, Chennai, Tamil Nadu, India – 600014
- IndustryFinancial Services, Forex Services
To see the full contact details of Pasla Foreign Exchange 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 Pasla Foreign Exchange is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Pasla Foreign Exchange Private Limited, buy the company report.
Financials of Pasla Foreign Exchange Private Limited
FY 2023 filings availablePasla Foreign Exchange Private Limited reported revenue of ₹7.03 Cr (up 152% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 152% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 29%. EBITDA rose 123% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.03 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.78 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | -0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Pasla Foreign Exchange Private Limited, buy the company report.
Board of directors of Pasla Foreign Exchange Private Limited
Pasla Foreign Exchange has 7 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reshmma Fathima Also directs: Ind Trust Travels and Cargo Private Limited, Pasla Air Travels & Cargo Private Limited, Shajahan Foods LLP and 1 more | Director | 07 Apr 2018 | 8 Years 6 Months | Current |
| Faridha Iqbal | Director | 15 Feb 2007 | 19 Years 8 Months | Current |
| Kursith Begumabdulshaik | Director | 21 Nov 1997 | 28 Years 11 Months | Current |
| Shajahan Nowshiba Fathima | Director | 07 Apr 2018 | 8 Years 6 Months | Current |
| Sahida Begum | Director | 07 Apr 2018 | 8 Years 6 Months | Current |
| Irfana Fathima Shajahan Also directs: Ind Trust Travels and Cargo Private Limited, Pasla Air Travels & Cargo Private Limited, Shajahan Foods LLP and 1 more | Director | 07 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Pasla Foreign Exchange Private Limited is audited by N C SRIDHAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N C SRIDHAR & CO | FY 2023 | 021698 |
Shareholding
The shareholding of Pasla Foreign Exchange Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pasla Foreign Exchange Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2022 | 100599686 | Hdfc Bank Limited | ₹11.44 Lakh | Open | |
| 08 Nov 2013 | 10466471 | The Karur Vysya Bank Limited | ₹40 Lakh | Satisfied |
To see the full charge records of Pasla Foreign Exchange Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Pasla Foreign Exchange 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 Pasla Foreign Exchange Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pasla Foreign Exchange has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pasla Foreign Exchange Private Limited, buy the company report.
Recent activity
Pasla Foreign Exchange Private Limited has 9 board changes on record since 1997: 7 appointments and 2 cessations. The latest: Shaik Dawood Shajahan ceased to be Director on 03 May 2018.
3 earlier events are in the company report.
Frequently asked questions
Pasla Foreign Exchange is an active private limited company based in Chennai, Tamil Nadu, India. The company works in forex services, within the financial services industry. It was incorporated on 21 November 1997 (29+ years old) and is registered under CIN U67190TN1997PTC039467.
Pasla Foreign Exchange has 7 current directors:
- Reshmma Fathima - Director
- Faridha Iqbal - Director
- Kursith Begumabdulshaik - Director
- Shajahan Nowshiba Fathima - Director
- Sahida Begum - Director
- Irfana Fathima Shajahan - Director
- Abdul Ravuff Begum Farzana - Director
The latest financial statements of Pasla Foreign Exchange 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 2015 are in the company report.
No. Pasla Foreign Exchange has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Pasla Foreign Exchange is U67190TN1997PTC039467. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pasla Foreign Exchange was incorporated on 21 November 1997, making it 29+ years old. It is registered with the Registrar of Companies, Chennai.
Shaik Dawood Shajahan ceased to be Director on 03 May 2018. Abdul Ravuff Begum Farzana was appointed as Director on 07 Apr 2018. Abdulravuff Imtiazahmed ceased to be Director on 07 Apr 2018. Pasla Foreign Exchange has 9 board changes on record in total.
The registered office of Pasla Foreign Exchange is at I Floor No. 10 Thiru VI Ka Road Royapettah, Chennai, Tamil Nadu, India – 600014.
Pasla Foreign Exchange operates in the financial services industry, in the forex services segment.
Pasla Foreign Exchange has open charges of ₹11.44 Lakh and satisfied charges of ₹40 Lakh as per latest MCA filings.
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