Buyforex India Limited

Company specializes in technology and software development for online sale and purchase of various merchandise and payment services.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated: July 08, 2024

Buyforex India Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 54.96%
  • Profit Growth 432.49%
  • Ebitda 62.71%
  • Net Worth 3.41%
  • Total Assets 57.28%

About Buyforex India

Buyforex India Limited (BIL) is a Public Limited Indian Non-Government Company incorporated in India on 29 February 2016 (Eight years and 11 months 3 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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Guruprasad Chandrashekaran, Sanjay Singh, and Vinod Singh 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

    U74999MH2016PLC273638

  • Company No.

    273638

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Feb 2016

  • Date of AGM

    09 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Buyforex India?

Board Members (3)

Name Designation Appointment Date Status
Guruprasad Chandrashekaran Country flag representing In Director 29-Feb-2016 Current
Sanjay Singh Country flag representing In Director 21-Oct-2019 Current
Vinod Singh Country flag representing In Director 21-Oct-2019 Current

Financial Performance of Buyforex India.

Buyforex India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.96% increase. The company also saw a substantial improvement in profitability, with a 432.49% increase in profit. The company's net worth moved up by a moderate rise of 3.41%.

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
54.96%
Revenue from Operations
44.00%
Total Assets
57.28%
Profit or Loss
432.49%
Net Worth
3.41%
EBITDA
62.71%

What is the Ownership and Shareholding Structure of Buyforex India?

In 2023, Buyforex India had a promoter holding of 99.99% and a public holding of 0.01%. 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 Buyforex India?

Buyforex India has a workforce of 1 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Buyforex India, 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 Buyforex India'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 Buyforex India

Recent activity within the organization

  • Annual General Meeting

    Buyforex India Limited last Annual general meeting of members was held on 09 Jun 2023 as per latest MCA records.

    09 Jun 2023

  • Balance Sheet

    Buyforex India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Sanjay Singh was appointed as a Director was appointed as a Director on 21 Oct 2019 & has been associated with this company since 5 years 3 months .

    21 Oct 2019

  • Director Appointment

    Vinod Kumar Singh was appointed as a Director was appointed as a Director on 21 Oct 2019 & has been associated with this company since 5 years 3 months .

    21 Oct 2019

  • Director Appointment

    Guruprasad Tiruvanamalai Chandrashekaran was appointed as a Director was appointed as a Director on 29 Feb 2016 & has been associated with this company since 8 years 11 months .

    29 Feb 2016

  • Company Incorporation

    Buyforex India Limited was registered on 29 Feb 2016 with Roc Mumbai & aged 8 years 11 months as per MCA records.

    29 Feb 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Buyforex India Limited was incorporated on 29 Feb 2016.

  • The authorized share capital of Buyforex India Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Buyforex India Limited.

    • Guruprasad Tiruvanamalai Chandrashekaran
    • Sanjay Singh
    • Vinod Kumar Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Buyforex India Limited is 8Th Floor Manek Plaza Kalina Cst Road Kolekalyan Santacruz (E), Mumbai, Maharashtra, India, 400098.

  • The corporate identification number (CIN) of Buyforex India Limited is U74999MH2016PLC273638 and the company number is 273638 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Buyforex India Limited is https://www.buyforex.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Buyforex India Limited has risen by 54.96%.

  • As Per 2023 financial reports, 1 employees are currently employed by Buyforex India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Buyforex India Limited has experienced an upsurge of 3.41%.

  • The most recent Balance Sheet for Buyforex India Limited was filed with the ROC on 31 Mar 2023.

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