Oak Forex Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 9.00 M
- Company Age 9 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.00 Cr
- Revenue Growth 529.22%
- Profit Growth 510.36%
- Ebitda 1316.86%
- Net Worth 128.27%
- Total Assets 39.25%
About Oak Forex
Oak Forex Private Limited (OFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 14 December 2015 (Nine years and two months 16 days old ). Its registered office is in Bangaluru, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 9.00 M.
The company currently has active open charges totaling ₹1.00 Cr.
Hemanth Krishnamurthy, Naveen Venkatesh, and Gopal Murthy serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74900KA2015PTC084700
- Company No.
084700
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Dec 2015
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Who are the key members and board of directors at Oak Forex?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hemanth Krishnamurthy  | Director | 14-Dec-2015 | Current |
| Naveen Venkatesh | Director | 14-Dec-2015 | Current |
| Gopal Murthy | Director | 03-Sep-2019 | Current |
Financial Performance of Oak Forex.
Oak Forex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 529.22% increase. The company also saw a substantial improvement in profitability, with a 510.36% increase in profit. The company's net worth Soared by an impressive increase of 128.27%.
- 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 Oak Forex?
In 2023, Oak 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.
Charges (Loans)
Open Charges
₹1.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- The South Indian Bank Limited : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Mar 2020 | The South Indian Bank Limited | ₹1.00 Cr | Open |
How Many Employees Work at Oak Forex?
Oak Forex has a workforce of 7 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Oak 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 Oak Forex'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.