Richal Forex Private Limited
About Richal Forex Private Limited
Data last updated:
Richal Forex Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the forex services segment of the financial services sector. It was incorporated on 10 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2018PTC155678.
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹55 Lakh. It is led by directors Tiruvenkadam Jayasree and Kothandaraman Sasikumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H.No.3 – 6 – 367/3 Lg – 6 Lower Ground Floor, Hyderabad, Telangana, India – 500029.
As per the financials filed for FY 2024, the company reported a revenue of ₹190.63 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.82 Lakh (net margin 0%) and EBITDA of ₹29.97 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 728% over three years.
Company details
CIN history
Richal Forex has one previous CIN (Corporate Identification Number): U74999AP2018PTC107450. The current CIN is U74999TG2018PTC155678, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999TG2018PTC155678 | Current |
| U74999AP2018PTC107450 | Previous |
Contact details
Richal Forex Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressH.No.3 – 6 – 367/3 Lg – 6 Lower Ground Floor, Hyderabad, Telangana, India – 500029
- IndustryFinancial Services, Forex Services
- 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 Richal Forex is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Richal Forex Private Limited, buy the company report.
Financials of Richal Forex Private Limited
FY 2024 filings availableRichal Forex Private Limited reported revenue of ₹190.63 Cr (up 331% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 728% over three years, including 331% growth in the latest year. EBITDA rose 454% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹29.97 Lakh | ||||
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| Net Profit (PAT) | ₹5.82 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Richal Forex Private Limited, buy the company report.
Board of directors of Richal Forex Private Limited
Richal Forex has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tiruvenkadam Jayasree | Director | 14 Feb 2024 | 2 Years 8 Months | Current |
| Kothandaraman Sasikumar | Director | 20 May 2022 | 4 Years 5 Months | Current |
Legal cases
No court or tribunal cases involving Richal Forex 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 Richal Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Richal Forex Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Richal Forex Private Limited has 7 board changes on record since 2021: 2 appointments and 5 cessations. The latest: Bhanumathy Sasikumar ceased to be Director on 19 Feb 2024.
Frequently asked questions
Richal Forex is an active private limited company based in Hyderabad, Telangana, India. The company works in forex services, within the financial services industry. It was incorporated on 10 January 2018 (8+ years old) and is registered under CIN U74999TG2018PTC155678.
Richal Forex has 2 current directors:
- Tiruvenkadam Jayasree - Director
- Kothandaraman Sasikumar - Director
The latest financial statements of Richal Forex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Richal Forex is U74999TG2018PTC155678. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Richal Forex was incorporated on 10 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Bhanumathy Sasikumar ceased to be Director on 19 Feb 2024. Tiruvenkadam Jayasree was appointed as Director on 14 Feb 2024. Patheri Kothanda Ramulu ceased to be Director on 27 Feb 2023. Richal Forex has 7 board changes on record in total.
The registered office of Richal Forex is at H.No.3 – 6 – 3673 Lg – 6 Lower Ground Floor, Hyderabad, Telangana, India – 500029.
Richal Forex operates in the financial services industry, in the forex services segment.
Richal Forex can be reached at its registered office: H.No.3 – 6 – 3673 Lg – 6 Lower Ground Floor, Hyderabad, Telangana, India – 500029.
Richal Forex is registered under the jurisdiction of the Registrar of Companies (ROC), Hyderabad.