Destination Money Changers Private Limited

Financial services company specializing in forex transactions for businesses, authorized by RBI.

2014 | Indore, Madhya Pradesh (India) | Active
Last Updated: December 24, 2024

Destination Money Changers Profile

Key Indicators

  • Authorised Capital ₹ 2.60 M
  • Paid Up Capital ₹ 2.60 M
  • Company Age 11 Year, 17 Days
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth 36.76%
  • Profit Growth 8669.80%
  • Ebitda -158.45%
  • Net Worth 1.87%
  • Total Assets 23.98%

About Destination Money Changers

Destination Money Changers Private Limited (DMCPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 February 2014 and has a history of 11 years. Its registered office is in Indore, Madhya Pradesh, 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 2019. It's a company limited by shares with an authorized capital of Rs 2.60 M and a paid-up capital of Rs 2.60 M, as per Ministry of Corporate Affairs (MCA) records.

Sunil Patel, Aarti Chourasia, and Avinash Bhandari serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67190MP2014PTC032342

  • Company No.

    032342

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Feb 2014

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Financial Services

Who are the key members and board of directors at Destination Money Changers?

Board Members (3)

NameDesignationAppointment DateStatus
Sunil Patel Country flag representing In Director 07-Feb-2014Current
Aarti Chourasia Country flag representing In Director 07-Feb-2014Current
Avinash Bhandari Country flag representing In Director 26-Jul-2018Current

Financial Performance of Destination Money Changers.

Destination Money Changers Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 36.76% increase. The company also saw a substantial improvement in profitability, with a 8669.8% increase in profit. The company's net worth moved up by a moderate rise of 1.87%.

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
36.76%
Revenue from Operations
36.06%
Total Assets
23.98%
Profit or Loss
8669.80%
Net Worth
1.87%
EBITDA
-158.45%

What is the Ownership and Shareholding Structure of Destination Money Changers?

In 2019, Destination Money Changers 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 Destination Money Changers?

Unlock and access historical data on people associated with Destination Money Changers, 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 Destination Money Changers, 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 Destination Money Changers'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 Destination Money Changers

Recent activity within the organization

  • Annual General Meeting

    Destination Money Changers Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Destination Money Changers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Gwalior.

    31 Mar 2019

  • Director Appointment

    Avinash Bhandari was appointed as a Director was appointed as a Director on 26 Jul 2018 & has been associated with this company since 6 years 7 months .

    26 Jul 2018

  • Director Appointment

    Sunil Patel was appointed as a Director was appointed as a Director on 07 Feb 2014 & has been associated with this company since 11 years 17 days .

    07 Feb 2014

  • Director Appointment

    Aarti Chourasia was appointed as a Director was appointed as a Director on 07 Feb 2014 & has been associated with this company since 11 years 17 days .

    07 Feb 2014

  • Company Incorporation

    Destination Money Changers Private Limited was registered on 07 Feb 2014 with Roc Gwalior & aged 11 years 17 days as per MCA records.

    07 Feb 2014

Frequently asked questions

  • Destination Money Changers Private Limited was incorporated on 07 Feb 2014.

  • The authorized share capital of Destination Money Changers Private Limited is ₹ 2.60 M and paid-up capital is ₹ 2.60 M.

  • Currently 3 directors are associated with Destination Money Changers Private Limited.

    • Sunil Patel
    • Aarti Chourasia
    • Avinash Bhandari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Destination Money Changers Private Limited is H. N. 39 Main Street India, Mhow, Madhya Pradesh, 453441.

  • The corporate identification number (CIN) of Destination Money Changers Private Limited is U67190MP2014PTC032342 and the company number is 032342 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Destination Money Changers Private Limited has risen by 36.76%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Destination Money Changers Private Limited has experienced an upsurge of 1.87%.

  • The most recent Balance Sheet for Destination Money Changers Private Limited was filed with the ROC on 31 Mar 2019.