Mayil Forex Private Limited

Provides financial services since 2017 from registered office in Sivakasi, Tamil Nadu.

2017 | Virudhunagar, Tamil Nadu (India) | Active
Last Updated: January 04, 2025

Mayil Forex Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 7 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -13.62%
  • Profit Growth 581.45%
  • Ebitda 173.49%
  • Net Worth 0.35%
  • Total Assets 0.85%

About Mayil Forex

Mayil Forex Private Limited (MFPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 April 2017 (Seven years and ten months 3 days old ). Its registered office is in Virudhunagar, 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 5.00 M and a paid-up capital of Rs 5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Backialakshmi, Venugopal Krishnan, Manjunatha Chandrabose, and One other member serve as directors at the Company.

Company Details

  • Location

    Virudhunagar, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65999TN2017PTC116033

  • Company No.

    116033

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Apr 2017

  • 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 Mayil Forex?

Executive Team (1)

Name Designation Appointment Date Status
Mayilappan Manickavel Country flag representing In Managing Director 11-Apr-2017 Current

Board Members (3)

Name Designation Appointment Date Status
Backialakshmi Country flag representing In Director 11-Apr-2017 Current
Venugopal Krishnan Country flag representing In Director 21-Aug-2019 Current
Manjunatha Chandrabose Country flag representing In Director 21-Aug-2019 Current

Financial Performance of Mayil Forex.

Mayil Forex Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 13.62% decrease. The company also saw a substantial improvement in profitability, with a 581.45% increase in profit. The company's net worth moved up by a moderate rise of 0.35%.

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
-13.62%
Revenue from Operations
-13.94%
Total Assets
0.85%
Profit or Loss
581.45%
Net Worth
0.35%
EBITDA
173.49%

What is the Ownership and Shareholding Structure of Mayil Forex?

In 2021, Mayil 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 Mayil Forex?

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

Recent activity within the organization

  • Annual General Meeting

    Mayil 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

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

    31 Mar 2024

  • Director Appointment

    Venugopal Krishnan was appointed as a Director was appointed as a Director on 21 Aug 2019 & has been associated with this company since 5 years 5 months .

    21 Aug 2019

  • Director Appointment

    Manjunatha Chandrabose was appointed as a Director was appointed as a Director on 21 Aug 2019 & has been associated with this company since 5 years 5 months .

    21 Aug 2019

  • Director Appointment

    Backialakshmi was appointed as a Director was appointed as a Director on 11 Apr 2017 & has been associated with this company since 7 years 10 months .

    11 Apr 2017

  • Director Appointment

    Mayilappan Manickavel was appointed as a Managing Director was appointed as a Managing Director on 11 Apr 2017 & has been associated with this company since 7 years 10 months .

    11 Apr 2017

Frequently asked questions

  • Mayil Forex Private Limited was incorporated on 11 Apr 2017.

  • The authorized share capital of Mayil Forex Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

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

    • Backialakshmi
    • Venugopal Krishnan
    • Manjunatha Chandrabose
    • Mayilappan Manickavel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mayil Forex Private Limited is 270A Kamarajar Road Kanthapuram Colony India, Sivakasi, Tamil Nadu, 626123.

  • The corporate identification number (CIN) of Mayil Forex Private Limited is U65999TN2017PTC116033 and the company number is 116033 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mayil Forex Private Limited has fallen by -13.62%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mayil Forex Private Limited has experienced an upsurge of 0.35%.

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