Hyderabad Forex Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 20 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.64 Cr
- Revenue Growth 136.27%
- Profit Growth 157.70%
- Ebitda 149.33%
- Net Worth 15.19%
- 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 nine 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
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raghunath Mudumal  | Director | 12-May-2004 | Current |
| Venkata Kokkala | Director | 12-May-2004 | Current |
| Padmananda Kulkarni | Director | 12-May-2004 | Current |
| Vinay Beraar | Director | 01-Apr-2022 | Current |
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 157.7% increase in profit. The company's net worth Soared by an impressive increase of 15.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Dec 2022 | Others | ₹1.20 Cr | Open |
| 08 Apr 2005 | Dena Bank | ₹2.20 M | Open |
| 04 Feb 2005 | Andhra Bank | ₹2.20 M | Open |
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.
Deals i
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
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
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.
- Balance Sheet
Hyderabad Forex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge with Others amounted to Rs. 12.00 M with Charge ID 100651065 was registered on 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 11 months .
- Charges
A charge with Dena Bank amounted to Rs. 2.20 M with Charge ID 90343626 was registered on 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.
Frequently asked questions
What is the Incorporation or founding date of Hyderabad Forex Limited?
Hyderabad Forex Limited was incorporated on 12 May 2004.
What is authorized share capital and paid-up capital of Hyderabad Forex Limited?
The authorized share capital of Hyderabad Forex Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.
Who are the current board members & directors of Hyderabad Forex Limited?
Currently 4 directors are associated with Hyderabad Forex Limited.
- Venkata Ramana Kokkala
- Raghunath Mudumal
- Padmananda Girish Kulkarni
- Vinay Kumar Beraar
What is the registered address of Hyderabad Forex Limited?
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.
What is the corporate identification number (CIN) and company number of Hyderabad Forex Limited?
The corporate identification number (CIN) of Hyderabad Forex Limited is U65191TG2004PLC043242 and the company number is 043242 as per Ministry of Corporate Affairs (MCA).
What is the official website of Hyderabad Forex Limited?
The Official website of Hyderabad Forex Limited is https://www.hyderabad-forex-limited.business.site
What has been the recent revenue trend for Hyderabad Forex Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Hyderabad Forex Limited has risen by 136.27%.
How many employees does Hyderabad Forex Limited currently have?
As Per 2023 financial reports, 20 employees are currently employed by Hyderabad Forex Limited.
What change has been observed in the net worth of Hyderabad Forex Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Hyderabad Forex Limited has experienced an upsurge of 15.19%.
What are the total open charges for Hyderabad Forex Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Hyderabad Forex Limited amount to ₹ 1.64 Cr.
When was the last Balance Sheet of Hyderabad Forex Limited filed with the ROC?
The most recent Balance Sheet for Hyderabad Forex Limited was filed with the ROC on 31 Mar 2024.