Za Rising Forex Private Limited
About Za Rising Forex Private Limited
Data last updated:
Za Rising Forex Private Limited was a private limited company based in Mumbai, Maharashtra, 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 forex services segment of the financial services sector. It was incorporated on 12 December 2017.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2017PTC302763. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was led by directors Zeeshan Iqbal Sayed and Nafees Noormohammed Khan.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Ashoka Shopping Centre Premises Shop No. 1Bs/107 Gt Hospital Complex Lokmanya Tilak Marg, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2020, the company reported a revenue of ₹439.21 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.05 Lakh (net margin 0%) and EBITDA of ₹3.18 Lakh (EBITDA margin 0%).
Company details
Contact details
Za Rising Forex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAshoka Shopping Centre Premises Shop No. 1Bs/107 Gt Hospital Complex Lokmanya Tilak Marg, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Forex Services
To see the full contact details of Za Rising Forex 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
Financials of Za Rising Forex Private Limited
FY 2022 filings availableZa Rising Forex Private Limited reported revenue of ₹439.21 Cr (up 543% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 543% in the latest year. EBITDA rose 188% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹439.21 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3.18 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.05 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0% | ||
| Net Profit Margin | 0% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Za Rising Forex Private Limited, buy the company report.
Board of directors of Za Rising Forex Private Limited
Za Rising Forex has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zeeshan Iqbal Sayed Also directs: Zaif Multitrading LLP | Director | 12 Dec 2017 | 8 Years 10 Months | As last reported |
| Nafees Noormohammed Khan | Director | 12 Dec 2017 | 8 Years 10 Months | As last reported |
Auditor
Za Rising Forex Private Limited is audited by ARUN SAHU & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARUN SAHU & ASSOCIATES | FY 2019 | 117558W |
Shareholding
The shareholding of Za Rising Forex Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Za Rising Forex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Za Rising 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 Za Rising Forex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Za Rising 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 Za Rising Forex Private Limited, buy the company report.
Recent activity
Za Rising Forex Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Nafees Noormohammed Khan was appointed as Director on 12 Dec 2017.
Frequently asked questions
Za Rising 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.
Za Rising Forex was a private limited company based in Mumbai, Maharashtra, India. The company worked in forex services, within the financial services industry. It was incorporated on 12 December 2017 and is registered under CIN U67100MH2017PTC302763. The company has been struck off by the Registrar of Companies and is no longer operational.
Za Rising Forex had 2 directors:
- Zeeshan Iqbal Sayed - Director
- Nafees Noormohammed Khan - Director
The CIN (Corporate Identification Number) of Za Rising Forex is U67100MH2017PTC302763. 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 Za Rising Forex is at Ashoka Shopping Centre Premises Shop No. 1Bs107 Gt Hospital Complex Lokmanya Tilak Marg, Mumbai, Maharashtra, India – 400001.
Za Rising Forex was incorporated on 12 December 2017. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Za Rising Forex on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
No. Za Rising Forex has 1 GST registration on record and it is cancelled or inactive.
Za Rising Forex operated in the financial services industry, in the forex services segment. It worked in this industry before it was struck off.
Nafees Noormohammed Khan was appointed as Director on 12 Dec 2017. Zeeshan Iqbal Sayed was appointed as Director on 12 Dec 2017.