Spectrum Rays Forex & Business Solutions Private Limited
About Spectrum Rays Forex & Business Solutions Private Limited
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Spectrum Rays Forex & Business Solutions Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the insurance and pension services segment of the insurance sector. It was incorporated on 08 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67200GJ2018PTC104648.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors including Vishalkumar Naginbhai Patel and Vaishaliben Samir Mavani.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 36 Vaibhav Laxmi Soc. Puna Gam Surat., Gujarat, India – 395006.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.03 Lakh. For the same year it recorded a net loss of ₹2.34 Lakh (net margin -115.4%) and EBITDA of -₹2.07 Lakh (EBITDA margin -102.2%).
Company details
Contact details
Spectrum Rays Forex & Business Solutions Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address36 Vaibhav Laxmi Soc. Puna Gam Surat., Gujarat, India – 395006
- IndustryInsurance, Insurance & Pension Services
To see the full contact details of Spectrum Rays Forex & Business Solutions Private Limited, buy the company report.
- 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 Spectrum Rays Forex & Business Solutions is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Spectrum Rays Forex & Business Solutions Private Limited, buy the company report.
Financials of Spectrum Rays Forex & Business Solutions Private Limited
FY 2021 filings availableSpectrum Rays Forex & Business Solutions Private Limited reported revenue of ₹2.03 Lakh for FY 2021.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹2.07 Lakh | ||
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| Net Profit (PAT) | -₹2.34 Lakh | ||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||
| EBITDA Margin | -102.2% | ||
| Net Profit Margin | -115.4% | ||
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To see the full financial statements and ratios of Spectrum Rays Forex & Business Solutions Private Limited, buy the company report.
Board of directors of Spectrum Rays Forex & Business Solutions Private Limited
Spectrum Rays Forex & Business Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishalkumar Naginbhai Patel | Director | 08 Oct 2018 | 8 Years 0 Months | Current |
| Vaishaliben Samir Mavani | Director | 08 Oct 2018 | 8 Years 0 Months | Current |
| Krunal Mahendrabhai Patel | Director | 08 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
Spectrum Rays Forex & Business Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Covernest Insurance Web Aggregator Private Limited | ₹2.04 Lakh (FY 2024) | -56.0% | Chennai, Tamil Nadu, India | |||
| DNS Securities Private Limited | ₹2.04 Lakh (FY 2022) | Pune, Maharashtra, India | ||||
| MNM Comtrade Private Limited | ₹2.03 Lakh (FY 2025) | -91.0% | Ahmedabad, Gujarat, India | |||
| Shree G K Fabsales Private Limited | ₹2.03 Lakh (FY 2025) | 3.0% | Uttar Pradesh, India | |||
| Geeth Finserv Private Limited | ₹2.03 Lakh (FY 2023) | Chennai, Tamil Nadu, India | ||||
| Spectrum Rays Forex & Business Solutions Private Limitedthis company | ₹2.03 Lakh (FY 2021) | -₹2.34 Lakh | -115.4% | Surat, Gujarat, India | ||
| Pettra Creative Software Innovations Private Limited | ₹2.03 Lakh (FY 2018) | -49.0% | Delhi, India | |||
| Adcredit Finmax Private Limited | ₹2.03 Lakh (FY 2021) | Delhi, India | ||||
| Dhrupad Securities Private Limited | ₹2.02 Lakh (FY 2025) | -54.0% | Ahmedabad, Gujarat, India | |||
| Taxoptima Private Limited | ₹2.02 Lakh (FY 2025) | -89.0% | Delhi, India | |||
| Frantail India Private Limited | ₹2.02 Lakh (FY 2025) | -92.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Spectrum Rays Forex & Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spectrum Rays Forex & Business Solutions 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 Spectrum Rays Forex & Business Solutions 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 Spectrum Rays Forex & Business Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Spectrum Rays Forex & Business Solutions Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Vaishaliben Samir Mavani ceased to be Director on 21 Dec 2021.
Frequently asked questions
Spectrum Rays Forex & Business Solutions is an active private limited company based in Surat, Gujarat, India. The company works in insurance and pension services, within the insurance industry. It was incorporated on 08 October 2018 (8+ years old) and is registered under CIN U67200GJ2018PTC104648.
Spectrum Rays Forex & Business Solutions has 3 current directors:
- Vishalkumar Naginbhai Patel - Director
- Vaishaliben Samir Mavani - Director
- Krunal Mahendrabhai Patel - Director
The latest financial statements of Spectrum Rays Forex & Business Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Spectrum Rays Forex & Business Solutions is U67200GJ2018PTC104648. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spectrum Rays Forex & Business Solutions was incorporated on 08 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Spectrum Rays Forex & Business Solutions by revenue are Covernest Insurance Web Aggregator Private Limited, DNS Securities Private Limited, MNM Comtrade Private Limited, Shree G K Fabsales Private Limited, Geeth Finserv Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Vaishaliben Samir Mavani ceased to be Director on 21 Dec 2021. Krunal Mahendrabhai Patel was appointed as Director on 08 Oct 2018. Vaishaliben Samir Mavani was appointed as Director on 08 Oct 2018. Spectrum Rays Forex & Business Solutions has 4 board changes on record in total.
The registered office of Spectrum Rays Forex & Business Solutions is at 36 Vaibhav Laxmi Soc. Puna Gam Surat., Gujarat, India – 395006.
Spectrum Rays Forex & Business Solutions operates in the insurance industry, in the insurance and pension services segment.
Spectrum Rays Forex & Business Solutions can be reached at its registered office: 36 Vaibhav Laxmi Soc. Puna Gam Surat, Gujarat, India – 395006.
Spectrum Rays Forex & Business Solutions is registered under the jurisdiction of the Registrar of Companies (ROC), Ahmedabad.
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