Hiten Forex Private Limited

Provides currency exchange services and follows government and RBI guidelines for foreign exchange management.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated: December 29, 2024

Hiten Forex Profile

Key Indicators

  • Authorised Capital ₹ 4.99 M
  • Paid Up Capital ₹ 2.70 M
  • Company Age 8 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 32.67%
  • Profit Growth 54.96%
  • Ebitda 797.08%
  • Net Worth 4.44%
  • Total Assets 9.87%

About Hiten Forex

Hiten Forex Private Limited (HFPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 December 2016 (Eight years and one month 21 days old ). 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 2024. It's a company limited by shares with an authorized capital of Rs 4.99 M and a paid-up capital of Rs 2.70 M, as per Ministry of Corporate Affairs (MCA) records.

Prakash Kothari and Mayur Kothari serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2016PTC288279

  • Company No.

    288279

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Dec 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

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

Board Members (2)

NameDesignationAppointment DateStatus
Prakash Kothari Country flag representing In Director 08-Dec-2016Current
Mayur Kothari Country flag representing In Director 08-Dec-2016Current

Financial Performance of Hiten Forex.

Hiten Forex Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 32.67% increase. The company also saw a substantial improvement in profitability, with a 54.96% increase in profit. The company's net worth moved up by a moderate rise of 4.44%.

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
32.67%
Revenue from Operations
32.67%
Total Assets
9.87%
Profit or Loss
54.96%
Net Worth
4.44%
EBITDA
797.08%

What is the Ownership and Shareholding Structure of Hiten Forex?

In 2019, Hiten 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)

Placeholder for charges-related data

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

How Many Employees Work at Hiten Forex?

Unlock and access historical data on people associated with Hiten 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 Hiten 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 Hiten 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 Hiten Forex

Recent activity within the organization

  • Annual General Meeting

    Hiten 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

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

    31 Mar 2024

  • Director Appointment

    Prakash Shantilal Kothari was appointed as a Director was appointed as a Director on 08 Dec 2016 & has been associated with this company since 8 years 1 month .

    08 Dec 2016

  • Director Appointment

    Mayur Prakash Kothari was appointed as a Director was appointed as a Director on 08 Dec 2016 & has been associated with this company since 8 years 1 month .

    08 Dec 2016

  • Company Incorporation

    Hiten Forex Private Limited was registered on 08 Dec 2016 with Roc Mumbai & aged 8 years 1 month as per MCA records.

    08 Dec 2016

Frequently asked questions

  • Hiten Forex Private Limited was incorporated on 08 Dec 2016.

  • The authorized share capital of Hiten Forex Private Limited is ₹ 4.99 M and paid-up capital is ₹ 2.70 M.

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

    • Prakash Shantilal Kothari
    • Mayur Prakash Kothari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hiten Forex Private Limited is Shop 20 Trivedi Tower, J.N. Road Mulund West India, Mumbai, Maharashtra, 400080.

  • The corporate identification number (CIN) of Hiten Forex Private Limited is U74999MH2016PTC288279 and the company number is 288279 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hiten Forex Private Limited is https://www.hiten-forex-private-limited.business.site

  • According to the financial reports for the fiscal year 2020, the revenue trend for Hiten Forex Private Limited has risen by 32.67%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Hiten Forex Private Limited has experienced an upsurge of 4.44%.

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