V. Money Forex Private Limited
About V. Money Forex Private Limited
Data last updated:
V. Money Forex Private Limited was a private limited company based in Jalandhar, Punjab, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 25 April 2007.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74300PB2007PTC031086. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹29.75 Lakh. It was led by directors Rajev Chawla (Managing Director) and Madan Lal Chawla.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 12 Ground Floor City Square Building Civil Lines, Jalandhar, Punjab, India – 144001.
As per the financials filed for FY 2016, the company reported a revenue of ₹18.83 Cr, a growth of 73% compared to the previous year. For the same year it recorded a net profit of ₹7.71 Lakh (net margin 0.4%) and EBITDA of ₹8 Lakh (EBITDA margin 0.4%).
Company details
Contact details
V. Money Forex Private Limited's registered office is in Jalandhar, Punjab.
- Registered Address12 Ground Floor City Square Building Civil Lines, Jalandhar, Punjab, India – 144001
- IndustryFinancial Services, Financial Activities
- 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 V. Money 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 V. Money Forex Private Limited, buy the company report.
Financials of V. Money Forex Private Limited
FY 2016 filings availableV. Money Forex Private Limited reported revenue of ₹18.83 Cr (up 73% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 73% in the latest year. EBITDA rose 10% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹8 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹7.71 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
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| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.4% | |
| Net Profit Margin | 0.4% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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To see the full financial statements and ratios of V. Money Forex Private Limited, buy the company report.
Board of directors of V. Money Forex Private Limited
V. Money Forex has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madan Lal Chawla | Director | 09 Jun 2014 | 12 Years 4 Months | As last reported |
| Rajev Chawla | Managing Director | 25 Apr 2007 | 19 Years 6 Months | As last reported |
Peer comparison
V. Money Forex Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Karamjyoti Sales Pvt.Ltd. | ₹18.88 Cr (FY 2024) | 15.0% | Kolkata, West Bengal, India | |||
| Eco Forex and Travels Private Limited | ₹18.88 Cr (FY 2025) | 170.0% | Bardez, Goa, India | |||
| Castleton Capital Private Limited | ₹18.87 Cr (FY 2025) | 343.0% | Delhi, India | |||
| Shree Vihar Housing & Developers Private Limited | ₹18.87 Cr (FY 2025) | -30.0% | Kolkata, West Bengal, India | |||
| V. Money Forex Private Limitedthis company | ₹18.83 Cr (FY 2016) | ₹7.71 Lakh | 0.4% | 73.0% | Jalandhar, Punjab, India | |
| Ufin Financial Services Limited | ₹18.81 Cr (FY 2024) | 6.0% | Chennai, Tamil Nadu, India | |||
| Gopisons Impex Private Limited | ₹18.81 Cr (FY 2024) | 5702.0% | Howrah, West Bengal, India | |||
| Atreyi Vincom Pvt Ltd | ₹18.78 Cr (FY 2024) | 153.0% | Ahmedabad, Gujarat, India | |||
| Well Worth Multyfin Pvt. Ltd. | ₹18.78 Cr (FY 2025) | -14.0% | Kolkata, West Bengal, India | |||
| Adss Forex Private Limited | ₹18.78 Cr (FY 2025) | -45.0% | Kolkata, West Bengal, India |
To see the full peer comparison of V. Money Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving V. Money 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 V. Money Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
V. Money Forex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of V. Money Forex Private Limited, buy the company report.
Recent activity
V. Money Forex Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Deepak Chawla ceased to be Director on 11 Mar 2017.
Frequently asked questions
V. Money Forex has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
V. Money Forex was a private limited company based in Jalandhar, Punjab, India. The company worked in financial activities, within the financial services industry. It was incorporated on 25 April 2007 and is registered under CIN U74300PB2007PTC031086. The company has been struck off by the Registrar of Companies and is no longer operational.
V. Money Forex had 2 directors:
- Rajev Chawla - Managing Director
- Madan Lal Chawla - Director
The CIN (Corporate Identification Number) of V. Money Forex is U74300PB2007PTC031086. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of V. Money Forex is at 12 Ground Floor City Square Building Civil Lines, Jalandhar, Punjab, India – 144001.
V. Money Forex was incorporated on 25 April 2007. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of V. Money Forex on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. V. Money Forex has 1 GST registration on record and it is cancelled or inactive.
V. Money Forex operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of V. Money Forex by revenue are Karamjyoti Sales Pvt.Ltd, Eco Forex and Travels Private Limited, Castleton Capital Private Limited, Shree Vihar Housing & Developers Private Limited, Ufin Financial Services Limited and 4 more, all in the same principal business activity (other financial activities).
Deepak Chawla ceased to be Director on 11 Mar 2017. Ranju Bala Anand ceased to be Additional Director on 13 Jun 2014. Madan Lal Chawla was appointed as Director on 09 Jun 2014. V. Money Forex has 5 board changes on record in total.
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