Magnet Forex Private Limited
This company provides financial services, including currency exchange, for local and international travelers.
2012 | Mumbai, Maharashtra (India) | Active
Magnet Forex Profile
Key Indicators
- Authorised Capital ₹ 2.70 M
- Paid Up Capital ₹ 2.70 M
- Company Age 13 Year, 2 Days
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 29.57%
- Profit Growth 39.50%
- Ebitda -3.36%
- Net Worth 3.74%
- Total Assets 18.29%
About Magnet Forex
Magnet Forex Private Limited (MFPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 May 2012 and has a history of 13 years. Its registered office is in Mumbai, Maharashtra, 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 2.70 M and a paid-up capital of Rs 2.70 M, as per Ministry of Corporate Affairs (MCA) records.
Ashok Solanki and Amit Solanki serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74120MH2012PTC230965
- Company No.
230965
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 May 2012
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Magnet Forex Private Limited
Explore comprehensive data for Magnet Forex Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Magnet Forex?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Solanki  | Director | 12-May-2012 | Current |
| Ashok Solanki | Director | 12-May-2012 | Current |
Financial Performance of Magnet Forex.
Magnet Forex Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 29.57% increase. The company also saw a substantial improvement in profitability, with a 39.5% increase in profit. The company's net worth moved up by a moderate rise of 3.74%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Magnet Forex?
In 2017, Magnet 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.
Related Corporates (Common Directorship)
- Howden India Consulting Services Private Limited
Amit Solanki is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Magnet Forex?
Unlock and access historical data on people associated with Magnet Forex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magnet 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 Magnet Forex's trajectory.
Rating
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Alerts
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Latest Updates, News, and FAQs on Magnet Forex
Recent activity within the organization
- Annual General Meeting
Magnet Forex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Magnet Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Ashok Ramji Solanki was appointed as a Director was appointed as a Director on 12 May 2012 & has been associated with this company since 13 years 2 days .
- Director Appointment
Amit Ashok Solanki was appointed as a Director was appointed as a Director on 12 May 2012 & has been associated with this company since 13 years 2 days .
- Company Incorporation
Magnet Forex Private Limited was registered on 12 May 2012 with Roc Mumbai & aged 13 years 2 days as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Magnet Forex Private Limited?
Magnet Forex Private Limited was incorporated on 12 May 2012.
What is authorized share capital and paid-up capital of Magnet Forex Private Limited?
The authorized share capital of Magnet Forex Private Limited is ₹ 2.70 M and paid-up capital is ₹ 2.70 M.
Who are the current board members & directors of Magnet Forex Private Limited?
Currently 2 directors are associated with Magnet Forex Private Limited.
- Ashok Ramji Solanki
- Amit Ashok Solanki
What is the registered address of Magnet Forex Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Magnet Forex Private Limited is Shop No. 7 Ground Floor Abdulla Building 3 Dr. Ambedkar Road, Parel India, Mumbai, Maharashtra, 400012.
What is the corporate identification number (CIN) and company number of Magnet Forex Private Limited?
The corporate identification number (CIN) of Magnet Forex Private Limited is U74120MH2012PTC230965 and the company number is 230965 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Magnet Forex Private Limited?
According to the financial reports for the fiscal year 2016, the revenue trend for Magnet Forex Private Limited has risen by 29.57%.
What change has been observed in the net worth of Magnet Forex Private Limited, and by what percentage?
The financial reports for the fiscal year 2016 indicates that The net worth of Magnet Forex Private Limited has experienced an upsurge of 3.74%.
When was the last Balance Sheet of Magnet Forex Private Limited filed with the ROC?
The most recent Balance Sheet for Magnet Forex Private Limited was filed with the ROC on 31 Mar 2024.
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