Lulu Forex Private Limited

Foreign currency exchange and remittance services with nationwide presence and additional travel services.

2010 | Ernakulam, Kerala (India) | Active
Last Updated: June 23, 2024

Lulu Forex Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 12.30 Cr
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.46 Cr
  • Revenue Growth 38.69%
  • Profit Growth 44.09%
  • Ebitda 38.24%
  • Net Worth 8.11%
  • Total Assets 6.31%

About Lulu Forex

Lulu Forex Private Limited (LFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 October 2010 and has a history of 14 years and four months. Its registered office is in Ernakulam, Kerala, India.

The Company is engaged in the Finance And Insurance Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 12.30 Cr.

The company currently has active open charges totaling ₹4.46 Cr.

The Key Managerial Personnel (KMP) at Lulu Forex Private Limited India is Anjana Vijayan as COMPANY SECRETARY. Richard Wason, Shibu Mohammed, and Amittathody Surendran serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    luluforex.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900KL2010PTC026850

  • Company No.

    026850

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Oct 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Finance and Insurance

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

Executive Team (1)

NameDesignationAppointment DateStatus
Anjana Vijayan Country flag representing In Company SecretaryCurrent

Board Members (3)

NameDesignationAppointment DateStatus
Richard Wason Country flag representing In Director 22-Nov-2014Current
Shibu Mohammed Country flag representing In Director 30-Sep-2021Current
Amittathody Surendran Country flag representing In Director 30-Sep-2021Current

Financial Performance of Lulu Forex.

Lulu Forex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.69% increase. The company also saw a substantial improvement in profitability, with a 44.09% increase in profit. The company's net worth moved up by a moderate rise of 8.11%.

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
38.69%
Revenue from Operations
38.85%
Total Assets
6.31%
Profit or Loss
44.09%
Net Worth
8.11%
EBITDA
38.24%

What is the Ownership and Shareholding Structure of Lulu Forex?

In 2023, Lulu 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

₹4.46 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 4.06 Cr
  • Axis Bank Limited : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
11 Oct 2023The South Indian Bank Limited₹4.01 CrOpen
10 Oct 2023The South Indian Bank Limited₹0.50 MOpen
30 Jun 2012Axis Bank Limited₹4.00 MOpen

How Many Employees Work at Lulu Forex?

Lulu Forex has a workforce of 255 employees as of Apr 06, 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 Lulu 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 Lulu 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 Lulu Forex

Recent activity within the organization

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 4.01 Cr with Charge ID 100804345 was registered on 11 Oct 2023.

    11 Oct 2023

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100804343 was registered on 10 Oct 2023.

    10 Oct 2023

  • Annual General Meeting

    Lulu Forex Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Lulu Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 0.40 Cr registered on 30 Jun 2012 with Charge ID 10363080 was modified on 22 Sep 2022.

    22 Sep 2022

  • Director Appointment

    Shibu Mohammed was appointed as a Director was appointed as a Director on 30 Sep 2021 & has been associated with this company since 3 years 4 months .

    30 Sep 2021

Frequently asked questions

  • Lulu Forex Private Limited was incorporated on 08 Oct 2010.

  • The authorized share capital of Lulu Forex Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 12.30 Cr.

  • Currently 4 directors are associated with Lulu Forex Private Limited.

    • Richard Mohan Wason
    • Shibu Mohammed
    • Amittathody Surendran
    • Anjana Vijayan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lulu Forex Private Limited is Y Tower Civil Lane Road Padamugal, Kakkanad West P.O, Ernakulam, Kerala, India, 682030.

  • The corporate identification number (CIN) of Lulu Forex Private Limited is U74900KL2010PTC026850 and the company number is 026850 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lulu Forex Private Limited is https://www.luluforex.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lulu Forex Private Limited has risen by 38.69%.

  • As Per 2023 financial reports, 255 employees are currently employed by Lulu Forex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lulu Forex Private Limited has experienced an upsurge of 8.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lulu Forex Private Limited amount to ₹ 4.46 Cr.

  • The most recent Balance Sheet for Lulu Forex Private Limited was filed with the ROC on 31 Mar 2023.

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