A.K.S.S. Forex Private Limited

Provides foreign exchange services with RBI approval since 2004 in Chennai.

2004 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 06, 2025

A.K.S.S. Forex Profile

Key Indicators

  • Authorised Capital ₹ 2.60 M
  • Paid Up Capital ₹ 2.60 M
  • Company Age 20 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 95.58%
  • Profit Growth 144.96%
  • Ebitda 165.07%
  • Net Worth 0.17%
  • Total Assets 0.16%

About A.K.S.S. Forex

A.K.S.S. Forex Private Limited (AFPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 August 2004 and has a history of 20 years and five months. Its registered office is in Chennai, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.60 M and a paid-up capital of Rs 2.60 M, as per Ministry of Corporate Affairs (MCA) records.

Idurus Koya, Samsudeen Abdulrahuman, and Muthukasim Samsudeen serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67190TN2004PTC054011

  • Company No.

    054011

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Aug 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at A.K.S.S. Forex?

Board Members (3)

NameDesignationAppointment DateStatus
Idurus Koya Country flag representing In Director 19-Aug-2004Current
Samsudeen Abdulrahuman Country flag representing In Director 02-Sep-2004Current
Muthukasim Samsudeen Country flag representing In Director 19-Aug-2004Current

Financial Performance of A.K.S.S. Forex.

A.K.S.S. Forex Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 95.58% increase. The company also saw a substantial improvement in profitability, with a 144.96% increase in profit. The company's net worth moved up by a moderate rise of 0.17%.

Graph illustrating revenue growth over time
Graph showing 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
95.58%
Revenue from Operations
95.64%
Total Assets
0.16%
Profit or Loss
144.96%
Net Worth
0.17%
EBITDA
165.07%

What is the Ownership and Shareholding Structure of A.K.S.S. Forex?

In 2017, A.K.S.S. 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.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at A.K.S.S. Forex?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of A.K.S.S. 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 A.K.S.S. 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 A.K.S.S. Forex

Recent activity within the organization

  • Annual General Meeting

    A.K.S.S. Forex Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    A.K.S.S. Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Samsudeen Syed Abdulrahuman was appointed as a Director was appointed as a Director on 02 Sep 2004 & has been associated with this company since 20 years 4 months .

    02 Sep 2004

  • Director Appointment

    Idurus Koya was appointed as a Director was appointed as a Director on 19 Aug 2004 & has been associated with this company since 20 years 5 months .

    19 Aug 2004

  • Director Appointment

    Muthukasim Samsudeen was appointed as a Director was appointed as a Director on 19 Aug 2004 & has been associated with this company since 20 years 5 months .

    19 Aug 2004

  • Company Incorporation

    A.K.S.S. Forex Private Limited was registered on 19 Aug 2004 with Roc Chennai & aged 20 years 5 months as per MCA records.

    19 Aug 2004

Frequently asked questions

  • A.K.S.S. Forex Private Limited was incorporated on 19 Aug 2004.

  • The authorized share capital of A.K.S.S. Forex Private Limited is ₹ 2.60 M and paid-up capital is ₹ 2.60 M.

  • Currently 3 directors are associated with A.K.S.S. Forex Private Limited.

    • Idurus Koya
    • Samsudeen Syed Abdulrahuman
    • Muthukasim Samsudeen
  • As per Ministry of Corporate Affairs (Mca), the registered address of A.K.S.S. Forex Private Limited is No.33/1 Mookathal Street Purasawalkam, India, Chennai, Tamil Nadu, 600007.

  • The corporate identification number (CIN) of A.K.S.S. Forex Private Limited is U67190TN2004PTC054011 and the company number is 054011 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for A.K.S.S. Forex Private Limited has risen by 95.58%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of A.K.S.S. Forex Private Limited has experienced an upsurge of 0.17%.

  • The most recent Balance Sheet for A.K.S.S. Forex Private Limited was filed with the ROC on 31 Mar 2023.