Midas Touch Forex & Travels Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.10 M
- Company Age 10 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 28.41%
- Profit Growth 822.86%
- Ebitda 6223.61%
- Net Worth 12.26%
- Total Assets -0.49%
About Midas Touch Forex & Travels
Midas Touch Forex & Travels Private Limited (MTFTPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 October 2014 and has a history of Ten years and six months. Its registered office is in Chennai, 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 4.10 M, as per Ministry of Corporate Affairs (MCA) records.
Selvaraj Jagadeesan, Ismath Naqqash, and Joseph Raja serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67110TN2014PTC097808
- Company No.
097808
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Oct 2014
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
Midas Touch Forex & Travels Private Limited
Explore comprehensive data for Midas Touch Forex & Travels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Midas Touch Forex & Travels?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Joseph Raja  | Managing Director | 24-Oct-2014 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ismath Naqqash | Director | 24-Oct-2014 | Current |
| Selvaraj Jagadeesan | Director | 24-Oct-2014 | Current |
Financial Performance of Midas Touch Forex & Travels.
Midas Touch Forex & Travels Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 28.41% increase. The company also saw a substantial improvement in profitability, with a 822.86% increase in profit. The company's net worth Soared by an impressive increase of 12.26%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Midas Touch Forex & Travels?
In 2020, Midas Touch Forex & Travels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Midas Touch Forex & Travels?
Unlock and access historical data on people associated with Midas Touch Forex & Travels, 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 Midas Touch Forex & Travels, 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 Midas Touch Forex & Travels's trajectory.
Rating
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
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 Midas Touch Forex & Travels
Recent activity within the organization
- Annual General Meeting
Midas Touch Forex & Travels Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Balance Sheet
Midas Touch Forex & Travels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Selvaraj Jagadeesan was appointed as a Director was appointed as a Director on 24 Oct 2014 & has been associated with this company since 10 years 6 months .
- Director Appointment
Ismath Yoon Thoufeek Naqqash was appointed as a Director was appointed as a Director on 24 Oct 2014 & has been associated with this company since 10 years 6 months .
- Director Appointment
Joseph Emerson Raja was appointed as a Managing Director was appointed as a Managing Director on 24 Oct 2014 & has been associated with this company since 10 years 6 months .
- Company Incorporation
Midas Touch Forex & Travels Private Limited was registered on 24 Oct 2014 with Roc Chennai & aged 10 years 6 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Midas Touch Forex & Travels Private Limited?
Midas Touch Forex & Travels Private Limited was incorporated on 24 Oct 2014.
What is authorized share capital and paid-up capital of Midas Touch Forex & Travels Private Limited?
The authorized share capital of Midas Touch Forex & Travels Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.10 M.
Who are the current board members & directors of Midas Touch Forex & Travels Private Limited?
Currently 3 directors are associated with Midas Touch Forex & Travels Private Limited.
- Selvaraj Jagadeesan
- Ismath Yoon Thoufeek Naqqash
- Joseph Emerson Raja
What is the registered address of Midas Touch Forex & Travels Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Midas Touch Forex & Travels Private Limited is No.42/4 Shanthi Nikedhan Colony Anna Nagar West Extension, India, Chennai, Tamil Nadu, 600101.
What is the corporate identification number (CIN) and company number of Midas Touch Forex & Travels Private Limited?
The corporate identification number (CIN) of Midas Touch Forex & Travels Private Limited is U67110TN2014PTC097808 and the company number is 097808 as per Ministry of Corporate Affairs (MCA).
What is the official website of Midas Touch Forex & Travels Private Limited?
The Official website of Midas Touch Forex & Travels Private Limited is https://www.midastouch.org.in
What has been the recent revenue trend for Midas Touch Forex & Travels Private Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Midas Touch Forex & Travels Private Limited has risen by 28.41%.
What change has been observed in the net worth of Midas Touch Forex & Travels Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Midas Touch Forex & Travels Private Limited has experienced an upsurge of 12.26%.
When was the last Balance Sheet of Midas Touch Forex & Travels Private Limited filed with the ROC?
The most recent Balance Sheet for Midas Touch Forex & Travels Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
George AgeorgeDirectorSS
Shyamkumar SudhakarDirector
Similar Companies Based on Forex Services
Supreme Securities Limited Delhi, India
Sapphire Forex Private Limited Gurugram, Haryana, India
R R Sen & Bros Private Limited Kolkata, West Bengal, India
Pheroze Framroze And Company Private Limited Mumbai, Maharashtra, India
Gak Exchange India Services Private Limited Mumbai, Maharashtra, India
Prithvi Exchange (India) Limited Chennai, Tamil Nadu, India
Paul Merchants Limited Delhi, India
World One India Forex Private Limited Delhi, India