About Precise Forex Private Limited
Data last updated: 10 March 2026
Precise Forex Private Limited is a private limited company based in Hyderabad, Telangana, India. It specialises in forex services, a part of the broader financial services sector. Incorporated on 06 November 2007, the company has been in operation for over 19 years.
Registered with ROC Hyderabad under CIN U65929AP2007PTC056209.
Capital: an authorised share capital of ₹50 Lakh and a paid-up capital of ₹33 Lakh. It is led by directors Sainath Raju Varakavi and Ravi Shankar Kamala.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.47 Cr, a growth of 29% compared to the previous year.
As per MCA filings, the company has open charges of ₹33.91 Lakh and satisfied charges of ₹44.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website preciseforex.co.in.
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Registered AddressPlot No. 132 Flat No 202 Katurinivas Srinagar Colony Main Road Beside Andhra, Bank, Hyderabad, Telangana, India – 500073
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IndustryFinancial Services, Forex Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Precise Forex Private Limited
Precise Forex Private Limited has one previous CIN (Corporate Identification Number): U65929AP2007PTC056209. The current CIN is U65929TG2007PTC056209, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65929TG2007PTC056209 | Current |
| U65929AP2007PTC056209 | Previous |
Business Activity of Precise Forex Private Limited
Precise Forex Private Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Precise Forex Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Board of Directors of Precise Forex Private Limited
Precise Forex Private Limited is currently managed by 2 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Sainath Raju Varakavi
Also directs:
Veros Infra Llp
|
Director | 06 Nov 2007 | 18 Years 8 Months | Current |
| Ravi Shankar Kamala | Director | 06 Nov 2007 | 18 Years 8 Months | Current |
Financials of Precise Forex Private Limited FY 2025 filings available
Precise Forex Private Limited reported revenue of ₹20.47 Cr (up 29.00% YoY) for FY 2024.
Ten-year financial statements for Precise Forex Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Charges & Borrowings of Precise Forex Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2024 | Hdfc Bank Limited | ₹17.77 Lakh | Open |
| 26 May 2023 | Hdfc Bank Limited | ₹16.14 Lakh | Open |
| 25 Jul 2009 | State Bank of India | ₹4.5 Lakh | Satisfied |
| 26 Feb 2008 | State Bank of India | ₹40 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Precise Forex Private Limited
View historical data on people associated with Precise Forex Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Precise Forex Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Precise Forex Private Limited
GST registrations and filing compliance for Precise Forex Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Precise Forex Private Limited
Credit ratings, litigation, and regulatory alerts for Precise Forex Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Precise Forex Private Limited
MSME payment history for Precise Forex Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Precise Forex Private Limited
Corporate group structure for Precise Forex Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Precise Forex Private Limited
MCA filings and documents for Precise Forex Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Precise Forex Private Limited
Frequently Asked Questions about Precise Forex Private Limited
Precise Forex Private Limited is an active private limited company in the financial services sector based in Hyderabad, Telangana, India. It was incorporated on 06 November 2007 (19+ years old) and is registered under CIN U65929TG2007PTC056209.
Precise Forex Private Limited reported revenue of ₹20.47 Cr for FY 2024 (up 29.00% YoY).
The current directors of Precise Forex Private Limited are:
- Sainath Raju Varakavi - Director
- Ravi Shankar Kamala - Director
The primary industry of Precise Forex Private Limited is financial services. The company specifically operates in forex services. The company is currently active in this sector.
Precise Forex Private Limited can be reached at the registered office: Plot No. 132 Flat No 202 Katurinivas Srinagar Colony Main Road Beside Andhra, Bank, Hyderabad, Telangana, India – 500073, or through the website preciseforex.co.in.
The authorised capital is ₹50 Lakh, and the paid-up capital is ₹33 Lakh.