Balsan World Forex Private Limited
Provides financial and related services, including brokerage and money changing, since 2011 in Kochi.
2011 | Ernakulam, Kerala (India) | Active
Balsan World Forex Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 3.50 M
- Company Age 13 Year, 11 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 6.00 M
- Revenue Growth -2.35%
- Profit Growth 102.43%
- Ebitda 226.08%
- Net Worth 0.81%
- Total Assets -9.01%
About Balsan World Forex
Balsan World Forex Private Limited (BWFPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 March 2011 and has a history of 13 years and 11 months. Its registered office is in Ernakulam, Kerala, 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 2022. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.50 M.
The company currently has active open charges totaling ₹6.00 M.
Janardhanan Pillai, Sandhya Nair, Fiyas, and One other member serve as directors at the Company.
Company Details
- Location
Ernakulam, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U67190KL2011PTC028033
- Company No.
028033
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Mar 2011
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Financial Services
Who are the key members and board of directors at Balsan World Forex?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Balraj Pillai  | Managing Director | 26-Mar-2011 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Janardhanan Pillai | Director | 26-Mar-2011 | Current |
| Sandhya Nair | Director | 10-Dec-2011 | Current |
| Fiyas | Director | 23-Jun-2023 | Current |
Financial Performance of Balsan World Forex.
Balsan World Forex Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 2.35% decrease. The company also saw a substantial improvement in profitability, with a 102.43% increase in profit. The company's net worth moved up by a moderate rise of 0.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Balsan World Forex?
In 2019, Balsan World 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.
Related Corporates (Common Directorship)
- Faremax Forex Private Limited
Sandhya Nair is a mutual person
- Dmc Asiana Pacific Travel Private Limited
Balraj Pillai is a mutual person
Charges (Loans)
Open Charges
₹6.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 0.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jun 2015 | Yes Bank Limited | ₹6.00 M | Open |
How Many Employees Work at Balsan World Forex?
Unlock and access historical data on people associated with Balsan World 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 Balsan World 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 Balsan World 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 Balsan World Forex
Recent activity within the organization
- Director Appointment
Fiyas was appointed as a Director was appointed as a Director on 23 Jun 2023 & has been associated with this company since 1 year 8 months .
- Annual General Meeting
Balsan World Forex Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
- Balance Sheet
Balsan World Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ernakulam.
- Charges
A charge with Yes Bank Limited of Rs. 6.00 M registered on 08 Jun 2015 with Charge ID 10627061 was modified on 01 Jul 2020.
- Charges
A charge with Yes Bank Limited amounted to Rs. 6.00 M with Charge ID 10627061 was registered on 08 Jun 2015.
- Director Appointment
Sandhya Soman Nair was appointed as a Director was appointed as a Director on 10 Dec 2011 & has been associated with this company since 13 years 2 months .
Frequently asked questions
What is the Incorporation or founding date of Balsan World Forex Private Limited?
Balsan World Forex Private Limited was incorporated on 26 Mar 2011.
What is authorized share capital and paid-up capital of Balsan World Forex Private Limited?
The authorized share capital of Balsan World Forex Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.50 M.
Who are the current board members & directors of Balsan World Forex Private Limited?
Currently 4 directors are associated with Balsan World Forex Private Limited.
- Janardhanan Sasidharan Pillai
- Sandhya Soman Nair
- Fiyas
- Balraj Sasidharan Pillai
What is the registered address of Balsan World Forex Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Balsan World Forex Private Limited is Konnullil Building, Door No:58/2795 B2 Thevara P O India, Kochi, Kerala, 682013.
What is the corporate identification number (CIN) and company number of Balsan World Forex Private Limited?
The corporate identification number (CIN) of Balsan World Forex Private Limited is U67190KL2011PTC028033 and the company number is 028033 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Balsan World Forex Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Balsan World Forex Private Limited has fallen by -2.35%.
What change has been observed in the net worth of Balsan World Forex Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Balsan World Forex Private Limited has experienced an upsurge of 0.81%.
What are the total open charges for Balsan World Forex Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Balsan World Forex Private Limited amount to ₹ 6.00 M.
When was the last Balance Sheet of Balsan World Forex Private Limited filed with the ROC?
The most recent Balance Sheet for Balsan World Forex Private Limited was filed with the ROC on 31 Mar 2022.