Kanakam Forex Private Limited

Provides forex exchange services, incorporated in 2019, based in Madurai.

2019 | Madurai, Tamil Nadu (India) | Active
Last Updated: December 02, 2024

Kanakam Forex Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 5 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 196.14%
  • Profit Growth 272.05%
  • Ebitda 1403.32%
  • Net Worth 5.60%
  • Total Assets 93.73%

About Kanakam Forex

Kanakam Forex Private Limited (KFPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 July 2019 (Five years and seven months 5 days old ). Its registered office is in Madurai, Tamil Nadu, 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 3.00 M and a paid-up capital of Rs 3.00 M, as per Ministry of Corporate Affairs (MCA) records.

Seenivasan Raja and Raja Moorthy serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U65999TN2019PTC130411

  • Company No.

    130411

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Jul 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

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

Executive Team (1)

Name Designation Appointment Date Status
Raja Moorthy Country flag representing In Managing Director 10-Jul-2019 Current

Board Members (1)

Name Designation Appointment Date Status
Seenivasan Raja Country flag representing In Director 10-Jul-2019 Current

Financial Performance of Kanakam Forex.

Kanakam Forex Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 196.14% increase. The company also saw a substantial improvement in profitability, with a 272.05% increase in profit. The company's net worth moved up by a moderate rise of 5.6%.

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
196.14%
Revenue from Operations
196.15%
Total Assets
93.73%
Profit or Loss
272.05%
Net Worth
5.60%
EBITDA
1403.32%

What is the Ownership and Shareholding Structure of Kanakam Forex?

In 2022, Kanakam 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 Kanakam Forex?

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

Recent activity within the organization

  • Annual General Meeting

    Kanakam 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

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

    31 Mar 2024

  • Director Appointment

    Seenivasan Raja was appointed as a Director was appointed as a Director on 10 Jul 2019 & has been associated with this company since 5 years 7 months .

    10 Jul 2019

  • Director Appointment

    Raja Dinesh Moorthy was appointed as a Managing Director was appointed as a Managing Director on 10 Jul 2019 & has been associated with this company since 5 years 7 months .

    10 Jul 2019

  • Company Incorporation

    Kanakam Forex Private Limited was registered on 10 Jul 2019 with Roc Chennai & aged 5 years 7 months as per MCA records.

    10 Jul 2019

Frequently asked questions

  • Kanakam Forex Private Limited was incorporated on 10 Jul 2019.

  • The authorized share capital of Kanakam Forex Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

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

    • Seenivasan Raja
    • Raja Dinesh Moorthy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Kanakam Forex Private Limited is No-92A Vakkil New Street, Near Jawa Showroom India, Madurai, Tamil Nadu, 625001.

  • The corporate identification number (CIN) of Kanakam Forex Private Limited is U65999TN2019PTC130411 and the company number is 130411 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Kanakam Forex Private Limited is https://www.kanakam-forex-pvt-ltd.business.site

  • According to the financial reports for the fiscal year 2022, the revenue trend for Kanakam Forex Private Limited has risen by 196.14%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Kanakam Forex Private Limited has experienced an upsurge of 5.60%.

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