Merry Time Forex Private Limited

Provides financial and related services, including forex trading and money exchange.

2016 | Jammu, Jammu & Kashmir (India) | Active
Last Updated: January 01, 2025

Merry Time Forex Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 5.40 M
  • Company Age 9 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -46.04%
  • Profit Growth -33.02%
  • Ebitda 55.40%
  • Net Worth 0.66%
  • Total Assets 0.94%

About Merry Time Forex

Merry Time Forex Private Limited (MTFPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 January 2016 (Nine years and one month 6 days old ). Its registered office is in Jammu, Jammu & Kashmir, 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 7.50 M and a paid-up capital of Rs 5.40 M, as per Ministry of Corporate Affairs (MCA) records.

Rasvinder Singh, Yash Singh, and Balbir Kaur serve as directors at the Company.

Company Details

  • Location

    Jammu, Jammu & Kashmir, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67190JK2016PTC004582

  • Company No.

    004582

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jan 2016

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jammu

Industry

Financial Services

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

Board Members (3)

NameDesignationAppointment DateStatus
Rasvinder Singh Country flag representing In Director 01-Jan-2022Current
Yash Singh Country flag representing In Director 19-Jan-2016Current
Balbir Kaur Country flag representing In Director 19-Jan-2016Current

Financial Performance of Merry Time Forex.

Merry Time Forex Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 46.04% decrease. The company also saw a substantial fall in profitability, with a 33.02% decrease in profit. The company's net worth moved up by a moderate rise of 0.66%.

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
-46.04%
Revenue from Operations
-44.66%
Total Assets
0.94%
Profit or Loss
-33.02%
Net Worth
0.66%
EBITDA
55.40%

What is the Ownership and Shareholding Structure of Merry Time Forex?

In 2021, Merry Time 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 Merry Time Forex?

Unlock and access historical data on people associated with Merry Time 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 Merry Time 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 Merry Time 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 Merry Time Forex

Recent activity within the organization

  • Annual General Meeting

    Merry Time Forex Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Merry Time Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jammu.

    31 Mar 2024

  • Director Appointment

    Rasvinder Singh was appointed as a Director was appointed as a Director on 01 Jan 2022 & has been associated with this company since 3 years 1 month .

    01 Jan 2022

  • Director Appointment

    Yash Paul Singh was appointed as a Director was appointed as a Director on 19 Jan 2016 & has been associated with this company since 9 years 1 month .

    19 Jan 2016

  • Director Appointment

    Balbir Kaur was appointed as a Director was appointed as a Director on 19 Jan 2016 & has been associated with this company since 9 years 1 month .

    19 Jan 2016

  • Company Incorporation

    Merry Time Forex Private Limited was registered on 19 Jan 2016 with Roc Jammu & aged 9 years 1 month as per MCA records.

    19 Jan 2016

Frequently asked questions

  • Merry Time Forex Private Limited was incorporated on 19 Jan 2016.

  • The authorized share capital of Merry Time Forex Private Limited is ₹ 7.50 M and paid-up capital is ₹ 5.40 M.

  • Currently 3 directors are associated with Merry Time Forex Private Limited.

    • Rasvinder Singh
    • Yash Paul Singh
    • Balbir Kaur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Merry Time Forex Private Limited is Karan Bagh Gadi Garh Kashmir India, Jammu, Jammu & Kashmir, 181101.

  • The corporate identification number (CIN) of Merry Time Forex Private Limited is U67190JK2016PTC004582 and the company number is 004582 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Merry Time Forex Private Limited has fallen by -46.04%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Merry Time Forex Private Limited has experienced an upsurge of 0.66%.

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