Currencies Direct Solutions Private Limited

Provides back office and customer care services, plans to offer online payment gateway and cross border remittance services.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: February 16, 2025

Currencies Direct Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.46 M
  • Company Age 20 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 54.17%
  • Profit Growth 64.69%
  • Ebitda 14.61%
  • Net Worth -46.14%
  • Total Assets -27.85%

About Currencies Direct Solutions

Currencies Direct Solutions Private Limited (CDSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 August 2004 and has a history of 20 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Business Outsourcing 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 1.00 Cr and a paid-up capital of Rs 7.46 M, as per Ministry of Corporate Affairs (MCA) records.

Ruchi Arora, Neil Cooper, Munira Tejani, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U67100MH2004PTC147946

  • Company No.

    147946

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Aug 2004

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Outsourcing

Who are the key members and board of directors at Currencies Direct Solutions?

Board Members (5)

NameDesignationAppointment DateStatus
Ruchi Arora Country flag representing In Whole-Time Director 21-Sep-2010Current
Neil Cooper Country flag representing Gb Director 16-Mar-2018Current
Munira Tejani Country flag representing In Director 14-Mar-2023Current
Vikash Rajan Country flag representing In Director 18-Mar-2024Current
Amit Biswal Country flag representing In Director 18-Mar-2024Current

Financial Performance of Currencies Direct Solutions.

Currencies Direct Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.17% increase. The company also saw a substantial improvement in profitability, with a 64.69% increase in profit. The company's net worth observed a substantial decline by a decrease of 46.14%.

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
54.17%
Revenue from Operations
54.05%
Total Assets
-27.85%
Profit or Loss
64.69%
Net Worth
-46.14%
EBITDA
14.61%

What is the Ownership and Shareholding Structure of Currencies Direct Solutions?

In 2023, Currencies Direct Solutions 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 Currencies Direct Solutions?

Currencies Direct Solutions has a workforce of 291 employees as of Apr 06, 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 Currencies Direct Solutions, 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 Currencies Direct Solutions'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 Currencies Direct Solutions

Recent activity within the organization

  • Annual General Meeting

    Currencies Direct Solutions Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Currencies Direct Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Vikash Sundarajan Rajan was appointed as a Director was appointed as a Director on 18 Mar 2024 & has been associated with this company since 11 months 7 days .

    18 Mar 2024

  • Director Appointment

    Amit Biswal was appointed as a Director was appointed as a Director on 18 Mar 2024 & has been associated with this company since 11 months 7 days .

    18 Mar 2024

  • Director Appointment

    Munira Kabiruddin Tejani was appointed as a Director was appointed as a Director on 14 Mar 2023 & has been associated with this company since 1 year 11 months .

    14 Mar 2023

  • Director Appointment

    Neil Cooper was appointed as a Director was appointed as a Director on 16 Mar 2018 & has been associated with this company since 6 years 11 months .

    16 Mar 2018

Frequently asked questions

  • Currencies Direct Solutions Private Limited was incorporated on 11 Aug 2004.

  • The authorized share capital of Currencies Direct Solutions Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.46 M.

  • Currently 5 directors are associated with Currencies Direct Solutions Private Limited.

    • Ruchi Chimanlal Arora
    • Neil Cooper
    • Munira Kabiruddin Tejani
    • Vikash Sundarajan Rajan
    • Amit Biswal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Currencies Direct Solutions Private Limited is Unit Nos. F 901 Lotus Corporate Park Off. W.E. Highway Goregaon East, India, Mumbai, Maharashtra, 400063.

  • The corporate identification number (CIN) of Currencies Direct Solutions Private Limited is U67100MH2004PTC147946 and the company number is 147946 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Currencies Direct Solutions Private Limited is https://www.currenciesdirect.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Currencies Direct Solutions Private Limited has risen by 54.17%.

  • As Per 2023 financial reports, 291 employees are currently employed by Currencies Direct Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Currencies Direct Solutions Private Limited has experienced an downturn of -46.14%.

  • The most recent Balance Sheet for Currencies Direct Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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