Hyderabad Forex Limited

Foreign exchange dealer providing currency exchange, remittance, and advisory services with RBI authorization.

2004 | Hyderabad, Telangana (India) | Active
Last Updated: November 17, 2024

Hyderabad Forex Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 20 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.64 Cr
  • Revenue Growth 136.27%
  • Profit Growth 162.42%
  • Ebitda 149.33%
  • Net Worth 15.31%
  • Total Assets 22.18%

About Hyderabad Forex

Hyderabad Forex Limited (HFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 May 2004 and has a history of 20 years and eight months. Its registered office is in Hyderabad, Telangana, 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹1.64 Cr.

Venkata Kokkala, Raghunath Mudumal, Padmananda Kulkarni, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U65191TG2004PLC043242

  • Company No.

    043242

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 May 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

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

Board Members (4)

NameDesignationAppointment DateStatus
Raghunath Mudumal Country flag representing In Director 12-May-2004Current
Venkata Kokkala Country flag representing In Director 12-May-2004Current
Padmananda Kulkarni Country flag representing In Director 12-May-2004Current
Vinay Beraar Country flag representing In Director 01-Apr-2022Current

Financial Performance of Hyderabad Forex.

Hyderabad Forex Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 136.27% increase. The company also saw a substantial improvement in profitability, with a 162.42% increase in profit. The company's net worth Soared by an impressive increase of 15.31%.

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
136.27%
Revenue from Operations
136.27%
Total Assets
22.18%
Profit or Loss
162.42%
Net Worth
15.31%
EBITDA
149.33%

What is the Ownership and Shareholding Structure of Hyderabad Forex?

In 2023, Hyderabad 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

₹16.40 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.20 Cr
  • Andhra Bank : 0.22 Cr
  • Dena Bank : 0.22 Cr

Latest Charge Details

DateLenderAmountStatus
02 Dec 2022Others₹1.20 CrOpen
08 Apr 2005Dena Bank₹2.20 MOpen
04 Feb 2005Andhra Bank₹2.20 MOpen

How Many Employees Work at Hyderabad Forex?

Hyderabad Forex has a workforce of 20 employees as of Apr 03, 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 Hyderabad 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 Hyderabad 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 Hyderabad Forex

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 12.00 M with Charge ID 100651065 was registered on 02 Dec 2022.

    02 Dec 2022

  • Director Appointment

    Vinay Kumar Beraar was appointed as a Director was appointed as a Director on 01 Apr 2022 & has been associated with this company since 2 years 10 months .

    01 Apr 2022

  • Charges

    A charge with Dena Bank amounted to Rs. 2.20 M with Charge ID 90343626 was registered on 08 Apr 2005.

    08 Apr 2005

  • Charges

    A charge with Andhra Bank amounted to Rs. 2.20 M with Charge ID 90343590 was registered on 04 Feb 2005.

    04 Feb 2005

Frequently asked questions

  • Hyderabad Forex Limited was incorporated on 12 May 2004.

  • The authorized share capital of Hyderabad Forex Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 4 directors are associated with Hyderabad Forex Limited.

    • Venkata Ramana Kokkala
    • Raghunath Mudumal
    • Padmananda Girish Kulkarni
    • Vinay Kumar Beraar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hyderabad Forex Limited is 6-3-1090/A/24 Lg-2 Oblee Centre Rajbhavan Road, Somajiguda India, Hyderabad, Telangana, 500082.

  • The corporate identification number (CIN) of Hyderabad Forex Limited is U65191TG2004PLC043242 and the company number is 043242 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Hyderabad Forex Limited is https://www.hyderabad-forex-limited.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hyderabad Forex Limited has risen by 136.27%.

  • As Per 2023 financial reports, 20 employees are currently employed by Hyderabad Forex Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hyderabad Forex Limited has experienced an upsurge of 15.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Hyderabad Forex Limited amount to ₹ 1.64 Cr.

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