Associated Forex Services Limited

Provides foreign exchange services for individuals and businesses since 1995.

1995 | Delhi (India) | Active
Last Updated:

Associated Forex Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.99 M
  • Company Age 30 Year, 1 Month
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 7.95 M
  • Satisfied Charges ₹ 7.32 Cr
  • Revenue Growth %
  • Profit Growth 99.40%
  • Ebitda
  • Net Worth -0.05%
  • Total Assets %

About Associated Forex Services

Associated Forex Services Limited (AFSL) is a Public Limited Indian Non-Government Company incorporated in India on 29 March 1995 and has a history of 30 years and one month. Its registered office is in Delhi, 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 2021. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.99 M.

The company currently has active open charges totaling ₹7.95 M. The company has closed loans amounting to ₹7.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

Deepti Gupta, Rakesh Gupta, Shwetank Agrawal, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1995PLC066911

  • Company No.

    066911

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Mar 1995

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services
Company report

Associated Forex Services Limited

Explore comprehensive data for Associated Forex Services Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Associated Forex Services?

Board Members (4)

NameDesignationAppointment DateStatus
Deepti Gupta Country flag representing In Additional Director 17-Sep-2011Current
Rakesh Gupta Country flag representing In Director 16-Feb-2006Current
Shwetank Agrawal Country flag representing In Additional Director 06-Aug-2019Current
Sunil Kumar Country flag representing In Additional Director 28-Feb-2014Current

Financial Performance of Associated Forex Services.

Associated Forex Services Limited, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 99.4% increase in profit. The company's net worth dipped by a decrease of 0.05%.

Associated Forex Services revenue growth over time
Associated Forex Services 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
Revenue from Operations
Total Assets
Profit or Loss
99.40%
Net Worth
-0.05%
EBITDA

What is the Ownership and Shareholding Structure of Associated Forex Services?

In 2019, Associated Forex Services 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)

Open Charges

₹0.80 Cr

Satisfied Charges

₹7.32 Cr

Charges Breakdown by Lending Institutions

  • Federal Bank Ltd : 0.55 Cr
  • The Federal Bank Ltd. : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
21 Nov 2008The Federal Bank Ltd.₹2.50 MOpen
04 May 2006Federal Bank Ltd₹4.45 MOpen
23 Mar 2006Federal Bank Ltd₹1.00 MOpen
18 Nov 2009Uco Bank₹2.50 CrSatisfied
21 Nov 2008The Federal Bank Ltd.₹2.50 CrSatisfied

How Many Employees Work at Associated Forex Services?

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

Employee growth trends for Associated Forex Services Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Associated Forex Services, 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 Associated Forex Services'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 Associated Forex Services

Recent activity within the organization

  • Annual General Meeting

    Associated Forex Services Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

  • Balance Sheet

    Associated Forex Services Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Delhi.

  • Director Appointment

    Shwetank Agrawal was appointed as a Additional Director was appointed as a Additional Director on 06 Aug 2019 & has been associated with this company since 5 years 9 months .

  • Director Appointment

    Sunil Jain Kumar was appointed as a Additional Director was appointed as a Additional Director on 28 Feb 2014 & has been associated with this company since 11 years 2 months .

  • Charges

    A charge registered on 18 Nov 2009 via Charge ID 10185698 with Uco Bank was fully satisfied on 18 Jun 2012.

  • Director Appointment

    Deepti Gupta was appointed as a Additional Director was appointed as a Additional Director on 17 Sep 2011 & has been associated with this company since 13 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Associated Forex Services Limited?

    Associated Forex Services Limited was incorporated on 29 Mar 1995.

  • What is authorized share capital and paid-up capital of Associated Forex Services Limited?

    The authorized share capital of Associated Forex Services Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.99 M.

  • Who are the current board members & directors of Associated Forex Services Limited?

    Currently 4 directors are associated with Associated Forex Services Limited.

    • Deepti Gupta
    • Rakesh Gupta
    • Shwetank Agrawal
    • Sunil Jain Kumar

  • What is the registered address of Associated Forex Services Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Associated Forex Services Limited is B-214 Chittranjan Park India, New Delhi, 110019.

  • What is the corporate identification number (CIN) and company number of Associated Forex Services Limited?

    The corporate identification number (CIN) of Associated Forex Services Limited is U74899DL1995PLC066911 and the company number is 066911 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Associated Forex Services Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Associated Forex Services Limited has experienced an downturn of -0.05%.

  • What are the total open charges for Associated Forex Services Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Associated Forex Services Limited amount to ₹ 7.95 M.

  • When was the last Balance Sheet of Associated Forex Services Limited filed with the ROC?

    The most recent Balance Sheet for Associated Forex Services Limited was filed with the ROC on 31 Mar 2021.

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