Frr Forex Private Limited

Provides foreign exchange services, stock broking, and US immigration services with branches in major cities.

2009 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Frr Forex Profile

Key Indicators

  • Authorised Capital ₹ 28.00 Cr
  • Paid Up Capital ₹ 26.40 Cr
  • Company Age 15 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 30.42 Cr
  • Revenue Growth 87.02%
  • Profit Growth 385.53%
  • Ebitda 155.96%
  • Net Worth 893.75%
  • Total Assets 14.78%

About Frr Forex

Frr Forex Private Limited (FFPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 August 2009 and has a history of 15 years and five months. Its registered office is in Mumbai, Maharashtra, 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 28.00 Cr and a paid-up capital of Rs 26.40 Cr.

The company has closed loans amounting to ₹30.42 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Frr Forex Private Limited India is Monika Kumari as COMPANY SECRETARY. Janak Mehta and Dev Mehta serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65999MH2009PTC195111

  • Company No.

    195111

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Aug 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Frr Forex Private Limited offer?

Frr Forex Private Limited offers a wide range of products and services, including Business Auditing & Valuation, Money Transfer Services, Personal Loan, Prepaid Cards, Foreign Exchange, API Software, Money Transfer API, Online Money Transfer Services, Forex Service, Banking Service.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Monika Kumari Company Secretary24-Sep-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Dev Mehta Country flag representing In Director 27-May-2014Current
Janak Mehta Country flag representing In Director 26-Oct-2010Current

Financial Performance of Frr Forex.

Frr Forex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 87.02% increase. The company also saw a substantial improvement in profitability, with a 385.53% increase in profit. The company's net worth Soared by an impressive increase of 893.75%.

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
87.02%
Revenue from Operations
136.23%
Total Assets
14.78%
Profit or Loss
385.53%
Net Worth
893.75%
EBITDA
155.96%

What is the Ownership and Shareholding Structure of Frr Forex?

In 2022, Frr Forex 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)

Open Charges

₹0

Satisfied Charges

₹30.42 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 18.68 Cr
  • Others : 7.00 Cr
  • Axis Bank Limited : 4.74 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jun 2022Yes Bank Limited₹6.81 MSatisfied
31 Jan 2020Others₹7.00 CrSatisfied
19 Mar 2011Axis Bank Limited₹4.74 CrSatisfied
30 Jul 2010Yes Bank Limited₹18.00 CrSatisfied

How Many Employees Work at Frr Forex?

Frr Forex has a workforce of 27 employees as of Mar 26, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Frr 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 Frr 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 Frr Forex

Recent activity within the organization

  • Director Appointment

    Monika Kumari was appointed as a Company Secretary was appointed as a Company Secretary on 24 Sep 2024 & has been associated with this company since 4 months 8 days .

    24 Sep 2024

  • Annual General Meeting

    Frr Forex Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Frr Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 31 Jan 2020 via Charge ID 100319138 with Others was fully satisfied on 08 Feb 2023.

    08 Feb 2023

  • Charges

    A charge registered on 08 Jun 2022 via Charge ID 100587002 with Yes Bank Limited was fully satisfied on 05 Jan 2023.

    05 Jan 2023

  • Charges

    A charge registered on 30 Jul 2010 via Charge ID 10240035 with Yes Bank Limited was fully satisfied on 05 Jan 2023.

    05 Jan 2023

Frequently asked questions

  • Frr Forex Private Limited was incorporated on 20 Aug 2009.

  • The authorized share capital of Frr Forex Private Limited is ₹ 28.00 Cr and paid-up capital is ₹ 26.40 Cr.

  • Currently 3 directors are associated with Frr Forex Private Limited.

    • Janak Chandulal Mehta
    • Dev Parag Mehta
    • Monika Kumari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Frr Forex Private Limited is 205 Embassy Centre 2Nd Floor, Room No.5 Nariman Point India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Frr Forex Private Limited is U65999MH2009PTC195111 and the company number is 195111 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Frr Forex Private Limited is https://www.frrforex.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Frr Forex Private Limited has risen by 87.02%.

  • As Per 2023 financial reports, 27 employees are currently employed by Frr Forex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Frr Forex Private Limited has experienced an upsurge of 893.75%.

  • The most recent Balance Sheet for Frr Forex Private Limited was filed with the ROC on 31 Mar 2023.

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