Precise Forex Private Limited Company Logo

Precise Forex Private Limited - Company Profile

It is a financial services private limited company based in Hyderabad, Telangana, India, established in 2007.

2007 | Hyderabad, Telangana, India | Active
Last Updated:

About Precise Forex Private Limited

Precise Forex Private Limited, a active private limited company, was established on 06 November 2007 in Hyderabad, Telangana, India. Engaging in forex services within the financial services sector, it holds CIN: U65929TG2007PTC056209. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹3.30 M.

It upholds a compliant status. Its leadership includes Sainath Raju Varakavi (Director), Ravi Shankar Kamala (Director). Past directors included Harish Kumar Peddineni, Peddineni Bhaktavatsalam Naidu. It holds ₹3.39 M open charges and ₹4.45 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No. 132, Flat No 202, Katurinivas, Srinagar Colony Main Road, Beside Andhra, Bank, Hyderabad, Telangana, 500073.

Company Details

  • CIN/LLPIN

    U65929TG2007PTC056209

  • Registration Number

    056209

  • Incorporation Date

    06 November 2007

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹3.30 M

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.30 M
  • Company Age 18 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.39 M
  • Satisfied Charges ₹ 4.45 M
  • Revenue Growth -92.48%
  • Profit Growth 23.37%
  • Ebitda -100.90%
  • Net Worth -7.02%
  • Total Assets -33.77%
Company report

Precise Forex Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Precise 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.

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

Current Directors

NameDesignationAppointment DateStatus
Sainath Raju VarakaviDirector06 Nov 2007Current
Ravi Shankar KamalaDirector06 Nov 2007Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector30 Dec 2008Past
Pramod AbcsddDirector17 Sep 2021Past

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Financial Performance of Precise Forex.

Precise Forex Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 92.48% decrease. The company also saw a substantial improvement in profitability, with a 23.37% increase in profit. The company's net worth dipped by a decrease of 7.02%.

Precise Forex revenue growth over time
Precise 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
-92.48%
Revenue from Operations
-92.71%
Total Assets
-33.77%
Profit or Loss
23.37%
Net Worth
-7.02%
EBITDA
-100.90%

What is the Ownership and Shareholding Structure of Precise Forex?

In 2019, Precise Forex had a promoter holding of 66.76% and a public holding of 33.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹3,390,884.00

Satisfied Charges

₹4,450,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.34 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 2024Hdfc Bank Limited₹1.78 MOpen
26 May 2023Hdfc Bank Limited₹1.61 MOpen
25 Jul 2009State Bank Of India₹0.45 MSatisfied
26 Feb 2008State Bank Of India₹4.00 MSatisfied

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How Many Employees Work at Precise Forex?

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

Employee growth trends for Precise Forex Private Limited

Deals i

Graph showing company valuation over time

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

Rating

Graph displaying rating trends over time

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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 Precise Forex

Recent Activity within the Organization

  • Charges

    The activity A charge registered on 25 Jul 2009 via Charge ID 10276942 with State Bank Of India was fully satisfied on 27 Oct 2025. was completed.

  • Charges

    Progress on A charge registered on 26 Feb 2008 via Charge ID 10089277 with State Bank Of India was fully satisfied on 27 Oct 2025. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 1.78 M with Charge ID 101074479 was registered on 31 Dec 2024. was completed.

  • Annual General Meeting

    Progress on Precise Forex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Precise Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.61 M with Charge ID 100760283 was registered on 26 May 2023. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Precise Forex Private Limited?

    The CIN of Precise Forex Private Limited is U65929TG2007PTC056209.

  • Where is Precise Forex Private Limited headquartered?

    Precise Forex Private Limited is headquartered at Plot No. 132, Flat No 202, Katurinivas, Srinagar Colony Main Road, Beside Andhra, Bank, Hyderabad, Telangana, 500073.

  • When was Precise Forex Private Limited incorporated?

    Precise Forex Private Limited was incorporated on 06 November 2007.

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

    The current directors of Precise Forex Private Limited are

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

    The primary industry of Precise Forex Private Limited is Financial Services.

  • Is Precise Forex Private Limited a listed company?

    Precise Forex Private Limited is unlisted.

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

    The authorized capital of Precise Forex Private Limited is ₹5.00 M, and the paid-up capital is ₹3.30 M.

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

    The compliance status of Precise Forex Private Limited is Compliant.

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