India Forex & Asset Management Private Limited

Provides forex advisory and wealth management services to various clients.

1984 | Kolkata, West Bengal (India) | Active
Last Updated: December 23, 2024

India Forex & Asset Management Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.05 M
  • Company Age 40 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.99 Cr
  • Satisfied Charges ₹ 2.30 Cr
  • Revenue Growth 4.77%
  • Profit Growth -19.23%
  • Ebitda -15.06%
  • Net Worth 16.84%
  • Total Assets 10.19%

About India Forex & Asset Management

India Forex & Asset Management Private Limited (IFAMPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 December 1984 and has a history of 40 years and one month. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Rounak Commercial Pvt Ltd. The Company is engaged in the Business Outsourcing 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 5.00 M and a paid-up capital of Rs 1.05 M.

The company currently has active open charges totaling ₹2.99 Cr. The company has closed loans amounting to ₹2.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Abhishek Goenka and Nitika Goenka serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ifaglobal.net

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51109WB1984PTC038335

  • Company No.

    038335

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Dec 1984

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Business Outsourcing

What products or services does India Forex & Asset Management Private Limited offer?

India Forex & Asset Management Private Limited offers a wide range of products and services, including Product Development Research, Technology Development Services.

Who are the key members and board of directors at India Forex & Asset Management?

Board Members (2)

Name Designation Appointment Date Status
Abhishek Goenka Country flag representing In Director 25-Nov-2005 Current
Nitika Goenka Country flag representing In Director 26-Oct-2012 Current

Financial Performance of India Forex & Asset Management.

India Forex & Asset Management Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 4.77% increase. The company also saw a substantial fall in profitability, with a 19.23% decrease in profit. The company's net worth Soared by an impressive increase of 16.84%.

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
4.77%
Revenue from Operations
3.37%
Total Assets
10.19%
Profit or Loss
-19.23%
Net Worth
16.84%
EBITDA
-15.06%

What is the Ownership and Shareholding Structure of India Forex & Asset Management?

Unlock access to India Forex & Asset Management's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹29.95 M

Satisfied Charges

₹23.00 M

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 2.79 Cr
  • Hdfc Bank Limited : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
24 Jul 2023 Standard Chartered Bank ₹2.79 Cr Open
05 Jul 2022 Hdfc Bank Limited ₹2.05 M Open
13 Jul 2017 Others ₹2.30 Cr Satisfied

How Many Employees Work at India Forex & Asset Management?

Unlock and access historical data on people associated with India Forex & Asset Management, 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 India Forex & Asset Management, 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 India Forex & Asset Management'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 India Forex & Asset Management

Recent activity within the organization

  • Annual General Meeting

    India Forex & Asset Management Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    India Forex & Asset Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 27.90 M with Charge ID 100748669 was registered on 24 Jul 2023.

    24 Jul 2023

  • Charges

    A charge registered on 13 Jul 2017 via Charge ID 100114773 with Others was fully satisfied on 15 Feb 2023.

    15 Feb 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.05 M with Charge ID 100592445 was registered on 05 Jul 2022.

    05 Jul 2022

  • Charges

    A charge with Others amounted to Rs. 23.00 M with Charge ID 100114773 was registered on 13 Jul 2017.

    13 Jul 2017

Frequently asked questions

  • India Forex & Asset Management Private Limited was incorporated on 26 Dec 1984.

  • The authorized share capital of India Forex & Asset Management Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.05 M.

  • Currently 2 directors are associated with India Forex & Asset Management Private Limited.

    • Abhishek Goenka
    • Nitika Bansal Goenka
  • As per Ministry of Corporate Affairs (Mca), the registered address of India Forex & Asset Management Private Limited is 2/3 Judges' Court Road Flat No. 4A South Tower, Divine Bliss India, Kolkata, West Bengal, 700027.

  • The corporate identification number (CIN) of India Forex & Asset Management Private Limited is U51109WB1984PTC038335 and the company number is 038335 as per Ministry of Corporate Affairs (MCA).

  • The Official website of India Forex & Asset Management Private Limited is https://www.ifaglobal.net

  • According to the financial reports for the fiscal year 2022, the revenue trend for India Forex & Asset Management Private Limited has risen by 4.77%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of India Forex & Asset Management Private Limited has experienced an upsurge of 16.84%.

  • As per the financial statements for fiscal Year 2022, The total open charges for India Forex & Asset Management Private Limited amount to ₹ 2.99 Cr.

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

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