Multimoney Forex Limited

Provides foreign exchange services for travel, education, medical assistance, and more.

1989 | Kolkata, West Bengal (India) | Active
Last Updated:

Multimoney Forex Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.45 Cr
  • Company Age 35 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 36.17 Cr
  • Satisfied Charges ₹ 25.23 Cr
  • Revenue Growth 136.55%
  • Profit Growth 102.76%
  • Ebitda 119.73%
  • Net Worth 0.36%
  • Total Assets -3.35%

About Multimoney Forex

Multimoney Forex Limited (MFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 July 1989 and has a history of 35 years and nine months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Medpat Leasing & Services Private Limited. 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 10.00 Cr and a paid-up capital of Rs 8.45 Cr.

The company currently has active open charges totaling ₹36.17 Cr. The company has closed loans amounting to ₹25.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dileep Mehta, Pramod Eshwa, Sangeeta Mehta, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U66030WB1989PLC047302

  • Company No.

    047302

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Jul 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

What products or services does Multimoney Forex Limited offer?

Multimoney Forex Limited offers a wide range of products and services, including Banks and Banking Services, Banking Service, Foreign Exchange, Business Auditing & Valuation, Foreign Currency Converter.

Company report

Multimoney Forex Limited

Explore comprehensive data for Multimoney Forex Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (5)

NameDesignationAppointment DateStatus
Dileep Mehta Country flag representing In Director 06-Oct-2010Current
Pramod Eshwa Country flag representing In Director 06-Oct-2010Current
Sangeeta Mehta Country flag representing In Director 09-Mar-2015Current
Raj Verma Country flag representing In Director 01-Feb-2023Current
Priti Singrodia Country flag representing In Director 01-Feb-2023Current

Financial Performance of Multimoney Forex.

Multimoney Forex Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 136.55% increase. The company also saw a substantial improvement in profitability, with a 102.76% increase in profit. The company's net worth moved up by a moderate rise of 0.36%.

Multimoney Forex revenue growth over time
Multimoney Forex 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
136.55%
Revenue from Operations
136.87%
Total Assets
-3.35%
Profit or Loss
102.76%
Net Worth
0.36%
EBITDA
119.73%

What is the Ownership and Shareholding Structure of Multimoney Forex?

In 2023, Multimoney Forex had a promoter holding of 12.71% and a public holding of 87.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹36.17 Cr

Satisfied Charges

₹25.23 Cr

Charges Breakdown by Lending Institutions

  • Others : 28.55 Cr
  • Hdfc Bank Limited : 5.00 Cr
  • State Bank Of India : 1.90 Cr
  • The Bank Of Rajasthan Ltd. : 0.50 Cr
  • The South Indian Bank Limited : 0.23 Cr

Latest Charge Details

DateLenderAmountStatus
03 Aug 2024Others₹10.00 CrOpen
23 Jul 2024State Bank Of India₹1.90 CrOpen
25 Jan 2024Hdfc Bank Limited₹5.00 CrOpen
22 Aug 2023Others₹2.25 CrOpen
22 Apr 2022The South Indian Bank Limited₹2.25 MOpen

How Many Employees Work at Multimoney Forex?

Multimoney Forex has a workforce of 127 employees as of Apr 05, 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.

Employee growth trends for Multimoney Forex Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Multimoney 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 Multimoney 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 Multimoney Forex

Recent activity within the organization

  • Annual General Meeting

    Multimoney Forex Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 8.30 Cr registered on 16 Jul 2014 with Charge ID 10513261 was modified on 23 Aug 2024.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100962132 was registered on 03 Aug 2024.

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.90 Cr with Charge ID 100950052 was registered on 23 Jul 2024.

  • Balance Sheet

    Multimoney Forex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100869653 was registered on 25 Jan 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Multimoney Forex Limited?

    Multimoney Forex Limited was incorporated on 26 Jul 1989.

  • What is authorized share capital and paid-up capital of Multimoney Forex Limited?

    The authorized share capital of Multimoney Forex Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.45 Cr.

  • Who are the current board members & directors of Multimoney Forex Limited?

    Currently 5 directors are associated with Multimoney Forex Limited.

    • Dileep Singh Mehta
    • Pramod Kumar Eshwa
    • Sangeeta Mehta
    • Raj Prakash Verma
    • Priti Singrodia

  • What is the registered address of Multimoney Forex Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Multimoney Forex Limited is 47/1 Kali Prasanna Roy Lane, 2Nd Floor India, Kolkata, West Bengal, 700033.

  • What is the corporate identification number (CIN) and company number of Multimoney Forex Limited?

    The corporate identification number (CIN) of Multimoney Forex Limited is U66030WB1989PLC047302 and the company number is 047302 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Multimoney Forex Limited?

    The Official website of Multimoney Forex Limited is https://www.multimoney.co.in

  • What has been the recent revenue trend for Multimoney Forex Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Multimoney Forex Limited has risen by 136.55%.

  • How many employees does Multimoney Forex Limited currently have?

    As Per 2022 financial reports, 127 employees are currently employed by Multimoney Forex Limited.

  • What change has been observed in the net worth of Multimoney Forex Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Multimoney Forex Limited has experienced an upsurge of 0.36%.

  • What are the total open charges for Multimoney Forex Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Multimoney Forex Limited amount to ₹ 36.17 Cr.

  • When was the last Balance Sheet of Multimoney Forex Limited filed with the ROC?

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

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