Electrum Financial Services Profile
Key Indicators
- Authorised Capital ₹ 4.92 Cr
- Paid Up Capital ₹ 1.08 Cr
- Company Age 12 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.14 Cr
- Revenue Growth -10.76%
- Profit Growth -66.61%
- Ebitda 23.20%
- Net Worth 2.57%
- Total Assets -25.24%
About Electrum Financial Services
Electrum Financial Services Private Limited (EFSPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 October 2012 and has a history of 12 years and six months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Forex Techsol Private Limited. 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 4.92 Cr and a paid-up capital of Rs 1.08 Cr.
The company currently has active open charges totaling ₹1.14 Cr.
Aditya Agarwal, Vinatha Reddy, and Thamballapalle Reddy serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67190KA2012PTC066238
- Company No.
066238
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Oct 2012
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
What products or services does Electrum Financial Services Private Limited offer?
Electrum Financial Services Private Limited offers a wide range of products and services, including Banks and Banking Services, Banking Service, Stock Trading/Money Market, Commodities Trading Service, Business Auditing & Valuation, Foreign Exchange.
Electrum Financial Services Private Limited
Explore comprehensive data for Electrum Financial Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Electrum Financial Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thamballapalle Reddy  | Director | 10-Oct-2012 | Current |
| Aditya Agarwal | Director | 30-Jan-2017 | Current |
| Vinatha Reddy | Director | 14-Feb-2015 | Current |
Financial Performance of Electrum Financial Services.
Electrum Financial Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.76% decrease. The company also saw a substantial fall in profitability, with a 66.61% decrease in profit. The company's net worth moved up by a moderate rise of 2.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Electrum Financial Services?
In 2023, Electrum Financial Services had a promoter holding of 27.47% and a public holding of 72.53%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Grameen Shelters Private LimitedVinatha Reddy is a mutual person
Yunus Social Business Fund Bengaluru Private LimitedVinatha Reddy is a mutual person
Promac Engineering Industries LimitedVinatha Reddy is a mutual person
Shankar Techmech Private LimitedAditya Agarwal is a mutual person
- Shankar Mercantile Agency Private Limited
Aditya Agarwal is a mutual person
- Creditaccess General Insurance Limited
Vinatha Reddy is a mutual person
Charges (Loans)
Open Charges
₹1.14 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 1.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jul 2019 | Others | ₹5.00 M | Open |
| 03 Dec 2018 | Others | ₹1.35 M | Open |
| 06 Mar 2018 | Others | ₹5.00 M | Open |
How Many Employees Work at Electrum Financial Services?
Electrum Financial Services has a workforce of 2 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Electrum Financial Services, 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 Electrum Financial Services'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 Electrum Financial Services
Recent activity within the organization
- Annual General Meeting
Electrum Financial Services Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
- Balance Sheet
Electrum Financial Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100278341 was registered on 25 Jul 2019.
- Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100245896 was registered on 03 Dec 2018.
- Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100163553 was registered on 06 Mar 2018.
- Director Appointment
Aditya Agarwal was appointed as a Director was appointed as a Director on 30 Jan 2017 & has been associated with this company since 8 years 3 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Electrum Financial Services Private Limited?
Electrum Financial Services Private Limited was incorporated on 10 Oct 2012.
What is authorized share capital and paid-up capital of Electrum Financial Services Private Limited?
The authorized share capital of Electrum Financial Services Private Limited is ₹ 4.92 Cr and paid-up capital is ₹ 1.08 Cr.
Who are the current board members & directors of Electrum Financial Services Private Limited?
Currently 3 directors are associated with Electrum Financial Services Private Limited.
- Aditya Agarwal
- Vinatha Madhusudan Reddy
- Thamballapalle Nallappareddy Ananth Reddy
What is the registered address of Electrum Financial Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Electrum Financial Services Private Limited is Unit 707 Brigade Towers No. 135, Road India, Bangalore North, Karnataka, 560025.
What is the corporate identification number (CIN) and company number of Electrum Financial Services Private Limited?
The corporate identification number (CIN) of Electrum Financial Services Private Limited is U67190KA2012PTC066238 and the company number is 066238 as per Ministry of Corporate Affairs (MCA).
What is the official website of Electrum Financial Services Private Limited?
The Official website of Electrum Financial Services Private Limited is https://www.buyforexonline.com
What has been the recent revenue trend for Electrum Financial Services Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Electrum Financial Services Private Limited has fallen by -10.76%.
How many employees does Electrum Financial Services Private Limited currently have?
As Per 2023 financial reports, 2 employees are currently employed by Electrum Financial Services Private Limited.
What change has been observed in the net worth of Electrum Financial Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Electrum Financial Services Private Limited has experienced an upsurge of 2.57%.
What are the total open charges for Electrum Financial Services Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Electrum Financial Services Private Limited amount to ₹ 1.14 Cr.
When was the last Balance Sheet of Electrum Financial Services Private Limited filed with the ROC?
The most recent Balance Sheet for Electrum Financial Services Private Limited was filed with the ROC on 31 Mar 2024.
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