Finwave Forex Private Limited

Provides money exchange services through its registered office in Ahmedabad, Gujarat since 2014.

2014 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 27, 2024

Finwave Forex Profile

Key Indicators

  • Authorised Capital ₹ 5.40 M
  • Paid Up Capital ₹ 5.40 M
  • Company Age 11 Year, 4 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.05 M
  • Revenue Growth -77.30%
  • Profit Growth 412.49%
  • Ebitda 21.66%
  • Net Worth 3.13%
  • Total Assets -6.74%

About Finwave Forex

Finwave Forex Private Limited (FFPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 January 2014 and has a history of 11 years. Its registered office is in Ahmedabad, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.40 M and a paid-up capital of Rs 5.40 M.

The company currently has active open charges totaling ₹1.05 M.

Bhrugesh Vyas and Jitendra Ahuja serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67100GJ2014PTC078447

  • Company No.

    078447

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jan 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Finwave Forex?

Board Members (2)

NameDesignationAppointment DateStatus
Bhrugesh Vyas Country flag representing In Director 27-Jan-2014Current
Jitendra Ahuja Country flag representing In Director 27-Jan-2014Current

Financial Performance of Finwave Forex.

Finwave Forex Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 77.3% decrease. The company also saw a substantial improvement in profitability, with a 412.49% increase in profit. The company's net worth moved up by a moderate rise of 3.13%.

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
-77.30%
Revenue from Operations
-80.26%
Total Assets
-6.74%
Profit or Loss
412.49%
Net Worth
3.13%
EBITDA
21.66%

What is the Ownership and Shareholding Structure of Finwave Forex?

In 2021, Finwave Forex had a promoter holding of 48.15% and a public holding of 51.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.05 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
15 Feb 2021Others₹1.05 MOpen

How Many Employees Work at Finwave Forex?

Unlock and access historical data on people associated with Finwave Forex, 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 Finwave Forex, 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 Finwave Forex'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 Finwave Forex

Recent activity within the organization

  • Annual General Meeting

    Finwave Forex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Finwave Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.05 M with Charge ID 100416990 was registered on 15 Feb 2021.

    15 Feb 2021

  • Director Appointment

    Bhrugesh Kaushikkumar Vyas was appointed as a Director was appointed as a Director on 27 Jan 2014 & has been associated with this company since 11 years 4 days .

    27 Jan 2014

  • Director Appointment

    Jitendra Tolaram Ahuja was appointed as a Director was appointed as a Director on 27 Jan 2014 & has been associated with this company since 11 years 4 days .

    27 Jan 2014

  • Company Incorporation

    Finwave Forex Private Limited was registered on 27 Jan 2014 with Roc Ahmedabad & aged 11 years 4 days as per MCA records.

    27 Jan 2014

Frequently asked questions

  • Finwave Forex Private Limited was incorporated on 27 Jan 2014.

  • The authorized share capital of Finwave Forex Private Limited is ₹ 5.40 M and paid-up capital is ₹ 5.40 M.

  • Currently 2 directors are associated with Finwave Forex Private Limited.

    • Bhrugesh Kaushikkumar Vyas
    • Jitendra Tolaram Ahuja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Finwave Forex Private Limited is Ground Floor Raja Complex Vijay Char Rasta Navrangpura, India, Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Finwave Forex Private Limited is U67100GJ2014PTC078447 and the company number is 078447 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Finwave Forex Private Limited has fallen by -77.30%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Finwave Forex Private Limited has experienced an upsurge of 3.13%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Finwave Forex Private Limited amount to ₹ 1.05 M.

  • The most recent Balance Sheet for Finwave Forex Private Limited was filed with the ROC on 31 Mar 2024.