Faaiz Money Changer Private Limited
Provides foreign currency exchange services and operates as a Full Fledged Money Changer (FFMC).
2009 | Surat, Gujarat (India) | Active
Faaiz Money Changer Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 5.10 M
- Company Age 15 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 670.13 Cr
- Satisfied Charges ₹ 107.50 Cr
- Revenue Growth %
- Profit Growth -299.90%
- Ebitda -150.61%
- Net Worth -1.77%
- Total Assets -0.11%
About Faaiz Money Changer
Faaiz Money Changer Private Limited (FMCPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 November 2009 and has a history of 15 years and six months. Its registered office is in Surat, Gujarat, 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 7.50 M and a paid-up capital of Rs 5.10 M.
The company currently has active open charges totaling ₹670.13 Cr. The company has closed loans amounting to ₹107.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Farukbhai Patel, Muhammedibarahim Mujawar, and Affan Patel serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67190GJ2009PTC058504
- Company No.
058504
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Nov 2009
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Financial Services
Faaiz Money Changer Private Limited
Explore comprehensive data for Faaiz Money Changer Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Faaiz Money Changer?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Farukbhai Patel  | Director | 01-Apr-2023 | Current |
| Muhammedibarahim Mujawar | Director | 29-Mar-2014 | Current |
| Affan Patel | Director | 02-Dec-2019 | Current |
Financial Performance of Faaiz Money Changer.
Faaiz Money Changer Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 299.9% decrease in profit. The company's net worth dipped by a decrease of 1.77%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Faaiz Money Changer?
In 2023, Faaiz Money Changer had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Muhammedibarahim Mujawar is a mutual person
- Kpig Renewables Private Limited
Affan Patel is a mutual person
K.P. Energy LimitedFarukbhai Patel and Affan Patel are mutual person
- K.P Energy Mahua Windfarms Private Limited
Affan Patel is a mutual person
Charges (Loans)
Open Charges
₹6,701.30 M
Satisfied Charges
₹1,075.00 M
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 670.13 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jul 2015 | Sbicap Trustee Company Limited | ₹670.13 Cr | Open |
| 07 Oct 2020 | Others | ₹107.50 Cr | Satisfied |
How Many Employees Work at Faaiz Money Changer?
Unlock and access historical data on people associated with Faaiz Money Changer, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Faaiz Money Changer, 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 Faaiz Money Changer'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 Faaiz Money Changer
Recent activity within the organization
- Charges
A charge with Sbicap Trustee Company Limited of Rs. 6,701.30 M registered on 15 Jul 2015 with Charge ID 10583426 was modified on 07 Feb 2024.
- Annual General Meeting
Faaiz Money Changer Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.
- Director Appointment
Farukbhai Gulambhai Patel was appointed as a Director was appointed as a Director on 01 Apr 2023 & has been associated with this company since 2 years 1 month .
- Balance Sheet
Faaiz Money Changer Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge registered on 07 Oct 2020 via Charge ID 100381882 with Others was fully satisfied on 25 Jan 2022.
- Charges
A charge with Others amounted to Rs. 1,075.00 M with Charge ID 100381882 was registered on 07 Oct 2020.
Frequently asked questions
What is the Incorporation or founding date of Faaiz Money Changer Private Limited?
Faaiz Money Changer Private Limited was incorporated on 06 Nov 2009.
What is authorized share capital and paid-up capital of Faaiz Money Changer Private Limited?
The authorized share capital of Faaiz Money Changer Private Limited is ₹ 7.50 M and paid-up capital is ₹ 5.10 M.
Who are the current board members & directors of Faaiz Money Changer Private Limited?
Currently 3 directors are associated with Faaiz Money Changer Private Limited.
- Farukbhai Gulambhai Patel
- Muhammedibarahim Gulamabbas Mujawar
- Affan Faruk Patel
What is the registered address of Faaiz Money Changer Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Faaiz Money Changer Private Limited is A-1/2 Firdous Tower Nr. Fazal Shopping Center New Rander Road Adajan Patia, India, Surat City, Gujarat, 395009.
What is the corporate identification number (CIN) and company number of Faaiz Money Changer Private Limited?
The corporate identification number (CIN) of Faaiz Money Changer Private Limited is U67190GJ2009PTC058504 and the company number is 058504 as per Ministry of Corporate Affairs (MCA).
What change has been observed in the net worth of Faaiz Money Changer Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Faaiz Money Changer Private Limited has experienced an downturn of -1.77%.
What are the total open charges for Faaiz Money Changer Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Faaiz Money Changer Private Limited amount to ₹ 670.13 Cr.
When was the last Balance Sheet of Faaiz Money Changer Private Limited filed with the ROC?
The most recent Balance Sheet for Faaiz Money Changer Private Limited was filed with the ROC on 31 Mar 2023.
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