Akar Forex Private Limited
Provides forex transaction services for clients, incorporated in 2019 with registered office in Mumbai.
2019 | Mumbai, Maharashtra (India) | Active
Akar Forex Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 5 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth %
- Ebitda
- Net Worth -0.76%
- Total Assets -0.12%
About Akar Forex
Akar Forex Private Limited (AFPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 March 2019 (Five years and 11 months 26 days old ). Its registered office is in Mumbai, Maharashtra, 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 2.50 M and a paid-up capital of Rs 2.50 M, as per Ministry of Corporate Affairs (MCA) records.
Safi Sayyad and Zaid Kazi serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65999MH2019PTC322795
- Company No.
322795
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Mar 2019
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Akar Forex Private Limited
Explore comprehensive data for Akar Forex Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Akar Forex?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Safi Sayyad  | Director | 11-Sep-2024 | Current |
| Zaid Kazi | Director | 11-Dec-2023 | Current |
Financial Performance of Akar Forex.
Akar Forex Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth dipped by a decrease of 0.76%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Akar Forex?
In 2020, Akar Forex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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- Ssjk Infra Private Limited
Safi Sayyad is a mutual person
- Kazi Shipping And Logistics Private Limited
Safi Sayyad is a mutual person
- Zaians Trading Private Limited
Safi Sayyad is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Akar Forex?
Unlock and access historical data on people associated with Akar Forex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Akar 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 Akar Forex's trajectory.
Rating
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
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 Akar Forex
Recent activity within the organization
- Annual General Meeting
Akar Forex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Safi Siraj Sayyad was appointed as a Director was appointed as a Director on 11 Sep 2024 & has been associated with this company since 6 months 2 days .
- Balance Sheet
Akar Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Zaid Iqbal Kazi was appointed as a Director was appointed as a Director on 11 Dec 2023 & has been associated with this company since 1 year 3 months .
- Company Incorporation
Akar Forex Private Limited was registered on 19 Mar 2019 with Roc Mumbai & aged 5 years 11 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Akar Forex Private Limited?
Akar Forex Private Limited was incorporated on 19 Mar 2019.
What is authorized share capital and paid-up capital of Akar Forex Private Limited?
The authorized share capital of Akar Forex Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.
Who are the current board members & directors of Akar Forex Private Limited?
Currently 2 directors are associated with Akar Forex Private Limited.
- Safi Siraj Sayyad
- Zaid Iqbal Kazi
What is the registered address of Akar Forex Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Akar Forex Private Limited is Office No.3 Ground Floor Kishor Kunj Chs Opp Simran Building End Of Tejpal Scheme Road No.4 Andheri East, India, Mumbai, Maharashtra, 400057.
What is the corporate identification number (CIN) and company number of Akar Forex Private Limited?
The corporate identification number (CIN) of Akar Forex Private Limited is U65999MH2019PTC322795 and the company number is 322795 as per Ministry of Corporate Affairs (MCA).
What change has been observed in the net worth of Akar Forex Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Akar Forex Private Limited has experienced an downturn of -0.76%.
When was the last Balance Sheet of Akar Forex Private Limited filed with the ROC?
The most recent Balance Sheet for Akar Forex Private Limited was filed with the ROC on 31 Mar 2024.
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