Planet Forex Services Private Limited
About Planet Forex Services Private Limited
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Planet Forex Services Private Limited is a private limited company based in Palakkad, Kerala, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 07 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74900KL2013PTC034037. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors Ramakrishnan Vijaykumar (Managing Director) and Senthil Kumar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Vakacharth House Enthakkad Yakkara P.O., Palakkad, Kerala, India – 678701.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.95 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹57,746 (net margin 0.3%) and EBITDA of ₹90,340 (EBITDA margin 0.5%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Planet Forex Services Private Limited's registered office is in Palakkad, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVakacharth House Enthakkad Yakkara P.O., Palakkad, Kerala, India – 678701
- IndustryFinancial Services, Advisory, Consultancy, Financial Brokerage
To see the full contact details of Planet 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 Planet Forex Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Planet Forex Services Private Limited, buy the company report.
Financials of Planet Forex Services Private Limited
FY 2019 filings availablePlanet Forex Services Private Limited reported revenue of ₹1.95 Cr (down 23% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over three years, including a 23% fall in the latest year. EBITDA rose 111% 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
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| EBITDA | ₹90,340 | ||||
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| Net Profit (PAT) | ₹57,746 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Planet Forex Services Private Limited, buy the company report.
Board of directors of Planet Forex Services Private Limited
Planet Forex Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Senthil Kumar | Director | 07 May 2013 | 13 Years 5 Months | Current |
| Ramakrishnan Vijaykumar | Managing Director | 07 May 2013 | 13 Years 5 Months | Current |
Auditor
Planet Forex Services Private Limited is audited by K.VENKATACHALAM AIYER & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.VENKATACHALAM AIYER & CO | FY 2016 | 004610S |
Shareholding
The shareholding of Planet Forex Services Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Planet Forex Services Private Limited, buy the company report.
Legal cases
Planet Forex Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Commercial suit | Filed against the company by Icici Bank Represented by Its Power of Attorney Holder Jijin A M | Disposed |
To see the full case history of Planet 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 Planet Forex Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Planet Forex Services 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 Planet Forex Services Private Limited, buy the company report.
Recent activity
Planet Forex Services Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Ramakrishnan Vijaykumar was appointed as Managing Director on 07 May 2013.
Frequently asked questions
Planet Forex Services is an active private limited company based in Palakkad, Kerala, India. The company works in advisory, within the financial services industry. It was incorporated on 07 May 2013 (13+ years old) and is registered under CIN U74900KL2013PTC034037.
Planet Forex Services has 2 current directors:
- Ramakrishnan Vijaykumar - Managing Director
- Senthil Kumar - Director
The latest financial statements of Planet Forex Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Planet Forex Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Planet Forex Services is U74900KL2013PTC034037. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Planet Forex Services has 1 court case on record: 1 filed against it.
Planet Forex Services was incorporated on 07 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
Ramakrishnan Vijaykumar was appointed as Managing Director on 07 May 2013. Senthil Kumar was appointed as Director on 07 May 2013.
The registered office of Planet Forex Services is at Vakacharth House Enthakkad Yakkara P.O., Palakkad, Kerala, India – 678701.
Planet Forex Services operates in the financial services industry, in the advisory segment.