Sagar Forex Limited

Provides foreign money exchange services since 1998, based in Punjab.

1998 | Jalandhar, Punjab (India) | Active
Last Updated:

Sagar Forex Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 8.64 M
  • Company Age 26 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 2.20 M
  • Revenue Growth 18626.61%
  • Profit Growth 120.33%
  • Ebitda 48.27%
  • Net Worth 1.38%
  • Total Assets 1596.20%

About Sagar Forex

Sagar Forex Limited (SFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 December 1998 and has a history of 26 years and six months. Its registered office is in Jalandhar, Punjab, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 8.64 M.

The company has closed loans amounting to ₹2.20 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Seema Aggarwal, Smriti Gupta, and Vidya Sagar serve as directors at the Company.

Company Details

  • Location

    Jalandhar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65999PB1998PLC022001

  • Company No.

    022001

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Dec 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Financial Services
Company report

Sagar Forex Limited

Explore comprehensive data for Sagar Forex Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sagar Forex?

Executive Team (1)

NameDesignationAppointment DateStatus
Vidya Sagar Country flag representing In Managing Director01-Dec-1998Current

Board Members (2)

NameDesignationAppointment DateStatus
Seema Aggarwal Country flag representing In Director 01-Dec-1998Current
Smriti Gupta Country flag representing In Director 15-Nov-2022Current

Financial Performance of Sagar Forex.

Sagar Forex Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 18626.61% increase. The company also saw a substantial improvement in profitability, with a 120.33% increase in profit. The company's net worth moved up by a moderate rise of 1.38%.

Sagar Forex revenue growth over time
Sagar 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
18626.61%
Revenue from Operations
Total Assets
1596.20%
Profit or Loss
120.33%
Net Worth
1.38%
EBITDA
48.27%

What is the Ownership and Shareholding Structure of Sagar Forex?

In 2020, Sagar Forex had a promoter holding of 48.04% and a public holding of 51.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.22 Cr

Charges Breakdown by Lending Institutions

  • Lord Krishan Bank : 0.22 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jun 2005Lord Krishan Bank₹2.20 MSatisfied

How Many Employees Work at Sagar Forex?

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

Employee growth trends for Sagar Forex Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Sagar Forex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Director Appointment

    Smriti Gupta was appointed as a Director was appointed as a Director on 15 Nov 2022 & has been associated with this company since 2 years 6 months .

  • Charges

    A charge registered on 11 Jun 2005 via Charge ID 90167325 with Lord Krishan Bank was fully satisfied on 26 Nov 2021.

  • Charges

    A charge with Lord Krishan Bank amounted to Rs. 0.22 Cr with Charge ID 90167325 was registered on 11 Jun 2005.

  • Director Appointment

    Seema Aggarwal was appointed as a Director was appointed as a Director on 01 Dec 1998 & has been associated with this company since 26 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Sagar Forex Limited?

    Sagar Forex Limited was incorporated on 01 Dec 1998.

  • What is authorized share capital and paid-up capital of Sagar Forex Limited?

    The authorized share capital of Sagar Forex Limited is ₹ 3.00 Cr and paid-up capital is ₹ 8.64 M.

  • Who are the current board members & directors of Sagar Forex Limited?

    Currently 3 directors are associated with Sagar Forex Limited.

    • Seema Aggarwal
    • Smriti Gupta
    • Vidya Sagar
  • What is the registered address of Sagar Forex Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sagar Forex Limited is Prime Tower 28 Gt Road India, Jalandhar, Punjab, 144001.

  • What is the corporate identification number (CIN) and company number of Sagar Forex Limited?

    The corporate identification number (CIN) of Sagar Forex Limited is U65999PB1998PLC022001 and the company number is 022001 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sagar Forex Limited?

    The Official website of Sagar Forex Limited is https://www.sagarforex.com

  • What has been the recent revenue trend for Sagar Forex Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Sagar Forex Limited has risen by 18626.61%.

  • What change has been observed in the net worth of Sagar Forex Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Sagar Forex Limited has experienced an upsurge of 1.38%.

  • When was the last Balance Sheet of Sagar Forex Limited filed with the ROC?

    The most recent Balance Sheet for Sagar Forex Limited was filed with the ROC on 31 Mar 2024.

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