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Prime Forex Private Limited - Company Profile

It is a financial services private limited company based in Chennai, Tamil Nadu, India, established in 2006.

2006 | Chennai, Tamil Nadu, India | Active
Last Updated:

About Prime Forex Private Limited

Prime Forex Private Limited, a active private limited company, was established on 22 August 2006 in Chennai, Tamil Nadu, India. Engaging in forex services within the financial and insurance service sector, it holds CIN: U65921TN2006PTC060958. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹1.25 Cr.

It upholds a compliant status. Employing 20 professional, Its leadership includes Ramaiah Alagappan (Director), Loganathan Kandasamy Arun (Managing Director), Geetha Arun (Director). Past directors included Somasundaram Mohan, Ramaiah Alagappan, Loganathan Kandasamy Arun. It holds ₹7.07 M open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Shop No.1, Ground Floor, Challa Mall No.11 & 11A, Sir Thyagaraya Road, T. Nag, Ar,, Chennai, Tamil Nadu, 600017.

Company Details

  • CIN/LLPIN

    U65921TN2006PTC060958

  • Registration Number

    060958

  • Incorporation Date

    22 August 2006

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹1.25 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.07 M
  • Revenue Growth 119.67%
  • Profit Growth 159.71%
  • Ebitda -129.81%
  • Net Worth 28.69%
  • Total Assets 24.18%
Company report

Prime Forex Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Prime 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 Prime Forex Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Ramaiah AlagappanDirector27 Nov 2014Current
Loganathan Kandasamy ArunManaging Director22 Aug 2006Current
Geetha ArunDirector30 Mar 2012Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector04 May 2022Past
Pramod AbcsddAdditional Director30 Sep 2015Past
Pramod AbcsddDirector26 Mar 2021Past
Pramod AbcsddDirector16 Apr 2012Past
Pramod AbcsddAdditional Director17 Aug 2012Past

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Financial Performance of Prime Forex.

Prime Forex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 119.67% increase. The company also saw a substantial improvement in profitability, with a 159.71% increase in profit. The company's net worth Soared by an impressive increase of 28.69%.

Prime Forex revenue growth over time
Prime 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
119.67%
Revenue from Operations
161.44%
Total Assets
24.18%
Profit or Loss
159.71%
Net Worth
28.69%
EBITDA
-129.81%

What is the Ownership and Shareholding Structure of Prime Forex?

In 2023, Prime Forex had a public holding of 66.56%. 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

₹7,069,511.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 0.71 Cr

Latest Charge Details

DateLenderAmountStatus
05 May 2014Yes Bank Limited₹7.07 MOpen

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How Many Employees Work at Prime Forex?

Prime Forex has a workforce of 20 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Prime Forex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Prime 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 Prime 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 Prime Forex

Recent Activity within the Organization

  • Annual General Meeting

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

  • Balance Sheet

    Progress on Prime Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.

  • Charges

    The activity A charge with Yes Bank Limited of Rs. 0.71 Cr registered on 05 May 2014 with Charge ID 10506062 was modified on 31 Mar 2022. was completed.

  • Director Appointment

    The activity Ramaiah Alagappan was appointed as a Director was appointed as a Director on 27 Nov 2014 & has been associated with this company since 11 years 12 days . was completed.

  • Charges

    Progress on A charge with Yes Bank Limited amounted to Rs. 0.71 Cr with Charge ID 10506062 was registered on 05 May 2014. was documented.

  • Director Appointment

    Progress on Geetha Arun was appointed as a Director was appointed as a Director on 30 Mar 2012 & has been associated with this company since 13 years 8 months . was documented.

Frequently Asked Questions

  • What is the CIN of Prime Forex Private Limited?

    The CIN of Prime Forex Private Limited is U65921TN2006PTC060958.

  • Where is Prime Forex Private Limited headquartered?

    Prime Forex Private Limited is headquartered at Shop No.1, Ground Floor, Challa Mall No.11 & 11A, Sir Thyagaraya Road, T. Nag, Ar,, Chennai, Tamil Nadu, 600017.

  • When was Prime Forex Private Limited incorporated?

    Prime Forex Private Limited was incorporated on 22 August 2006.

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

    The current directors of Prime Forex Private Limited are

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

    The primary industry of Prime Forex Private Limited is Financial And Insurance Service.

  • Is Prime Forex Private Limited a listed company?

    Prime Forex Private Limited is unlisted.

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

    The authorized capital of Prime Forex Private Limited is ₹3.00 Cr, and the paid-up capital is ₹1.25 Cr.

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

    The compliance status of Prime Forex Private Limited is Compliant.

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