Formax Forex India Private Limited

Formax Forex India Private Limited

Company provides foreign exchange services, money transfer, and consultancy in foreign exchange management.
2019 | Ujjain, Madhya Pradesh (India) | Active

Last Updated:

December 22, 2024
HomeCompanyFormax Forex India Private Limited

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

Board Members(3)

NameDesignationAppointment DateStatus
Pravin Jain In Director 28-Nov-2019Current
Sanjeev Yadav In Director 28-Nov-2019Current
Abhishek Shah In Director 25-Apr-2022Current

Financial Performance of Formax Forex India.

Formax Forex India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 5902.81% increase. The company also saw a substantial improvement in profitability, with a 22.11% increase in profit. The company's net worth moved up by a moderate rise of 0.6%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
5902.81%
Revenue from Operations
Total Assets
3.02%
Profit or Loss
22.11%
Net Worth
0.60%
EBITDA
-564.85%

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Formax Forex India?

Unlock and access historical data on people associated with Formax Forex India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Rating

Alerts

Latest Updates, News, and FAQs on Formax Forex India

Recent activity within the organization

  • Annual General Meeting

    Formax Forex India Private Limited last Annual general meeting of members was held on 25 Jul 2024 as per latest MCA records.

    25 Jul 2024

  • Balance Sheet

    Formax Forex India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Director Appointment

    Abhishek Shah was appointed as a Director was appointed as a Director on 25 Apr 2022 & has been associated with this company since 2 years 8 months .

    25 Apr 2022

  • Director Appointment

    Pravin Jain was appointed as a Director was appointed as a Director on 28 Nov 2019 & has been associated with this company since 5 years 1 month .

    28 Nov 2019

  • Director Appointment

    Sanjeev Yadav was appointed as a Director was appointed as a Director on 28 Nov 2019 & has been associated with this company since 5 years 1 month .

    28 Nov 2019

  • Company Incorporation

    Formax Forex India Private Limited was registered on 28 Nov 2019 with Roc Gwalior & aged 5 years 1 month as per MCA records.

    28 Nov 2019

Frequently asked questions

  • Formax Forex India Private Limited was incorporated on 28 Nov 2019.

  • The authorized share capital of Formax Forex India Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Formax Forex India Private Limited.

    • Pravin Jain
    • Sanjeev Yadav
    • Abhishek Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Formax Forex India Private Limited is 110 Najar Ali Marg, India, Ujjain, Madhya Pradesh, 456001.

  • The corporate identification number (CIN) of Formax Forex India Private Limited is U65929MP2019PTC050214 and the company number is 050214 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Formax Forex India Private Limited has risen by 5902.81%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Formax Forex India Private Limited has experienced an upsurge of 0.60%.

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

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