Best Deal Forex Private Limited

Provides foreign exchange services, including currency exchange, remittances, and travel services.

2015 | Hyderabad, Telangana (India) | Active
Last Updated: January 04, 2025

Best Deal Forex Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 9 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.55 M
  • Revenue Growth -83.97%
  • Profit Growth -687.15%
  • Ebitda -681.33%
  • Net Worth -13.45%
  • Total Assets -12.31%

About Best Deal Forex

Best Deal Forex Private Limited (BDFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 30 March 2015 (Nine years and ten months 17 days old ). Its registered office is in Hyderabad, Telangana, 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹0.55 M.

Arun Viswanadhula and Viswanadhula Induvalli serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bestdealfx.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67190TG2015PTC098236

  • Company No.

    098236

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services
Information Technology

Who are the key members and board of directors at Best Deal Forex?

Board Members (2)

Name Designation Appointment Date Status
Arun Viswanadhula Country flag representing In Director 23-Feb-2016 Current
Viswanadhula Induvalli Country flag representing In Director 23-Feb-2016 Current

Financial Performance of Best Deal Forex.

Best Deal Forex Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 83.97% decrease. The company also saw a substantial fall in profitability, with a 687.15% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.45%.

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
-83.97%
Revenue from Operations
-84.61%
Total Assets
-12.31%
Profit or Loss
-687.15%
Net Worth
-13.45%
EBITDA
-681.33%

What is the Ownership and Shareholding Structure of Best Deal Forex?

In 2021, Best Deal 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)

Open Charges

₹0.55 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.06 Cr

Latest Charge Details

Date Lender Amount Status
17 May 2022 Hdfc Bank Limited ₹0.55 M Open

How Many Employees Work at Best Deal Forex?

Unlock and access historical data on people associated with Best Deal 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 Best Deal 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 Best Deal 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 Best Deal Forex

Recent activity within the organization

  • Annual General Meeting

    Best Deal Forex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Best Deal Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.55 M with Charge ID 100873636 was registered on 17 May 2022.

    17 May 2022

  • Director Appointment

    Arun Kumar Viswanadhula was appointed as a Director was appointed as a Director on 23 Feb 2016 & has been associated with this company since 8 years 11 months .

    23 Feb 2016

  • Director Appointment

    Viswanadhula Induvalli was appointed as a Director was appointed as a Director on 23 Feb 2016 & has been associated with this company since 8 years 11 months .

    23 Feb 2016

  • Company Incorporation

    Best Deal Forex Private Limited was registered on 30 Mar 2015 with Roc Hyderabad & aged 9 years 10 months as per MCA records.

    30 Mar 2015

Frequently asked questions

  • Best Deal Forex Private Limited was incorporated on 30 Mar 2015.

  • The authorized share capital of Best Deal Forex Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Best Deal Forex Private Limited.

    • Arun Kumar Viswanadhula
    • Viswanadhula Induvalli
  • As per Ministry of Corporate Affairs (Mca), the registered address of Best Deal Forex Private Limited is H. No. 15-31-2M-16/6 Flat 6 2Nd Floor Block-16 Phase - Iii Kphb Colony, Kuka Tpally India, Hyderabad, Telangana, 500085.

  • The corporate identification number (CIN) of Best Deal Forex Private Limited is U67190TG2015PTC098236 and the company number is 098236 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Best Deal Forex Private Limited is https://www.bestdealfx.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Best Deal Forex Private Limited has fallen by -83.97%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Best Deal Forex Private Limited has experienced an downturn of -13.45%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Best Deal Forex Private Limited amount to ₹ 0.55 M.

  • The most recent Balance Sheet for Best Deal Forex Private Limited was filed with the ROC on 31 Mar 2024.

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