Parekh (Forex) Private Limited

Financial services company specializing in foreign exchange brokerage and management.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: January 16, 2025

Parekh (Forex) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -89.72%
  • Profit Growth 90.51%
  • Ebitda 89.92%
  • Net Worth -2.73%
  • Total Assets -1.56%

About Parekh (Forex)

Parekh (Forex) Private Limited (PFPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 March 1995 and has a history of 29 years and ten months. Its registered office is in Mumbai, Maharashtra, 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 5.00 M and a paid-up capital of Rs 3.50 M, as per Ministry of Corporate Affairs (MCA) records.

Atul Parekh and Preena Sokhi serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH1995PTC086767

  • Company No.

    086767

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Mar 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Parekh (Forex)?

Board Members (2)

Name Designation Appointment Date Status
Atul Parekh Country flag representing In Director 24-Mar-1995 Current
Preena Sokhi Country flag representing In Director 15-Mar-2007 Current

Financial Performance of Parekh (Forex).

Parekh (Forex) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 89.72% decrease. The company also saw a substantial improvement in profitability, with a 90.51% increase in profit. The company's net worth dipped by a decrease of 2.73%.

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
-89.72%
Revenue from Operations
-100.00%
Total Assets
-1.56%
Profit or Loss
90.51%
Net Worth
-2.73%
EBITDA
89.92%

What is the Ownership and Shareholding Structure of Parekh (Forex)?

In 2023, Parekh (Forex) had a promoter holding of 91.43% and a public holding of 8.57%. The company had 1 Subsidiary. 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 Parekh (Forex)?

Parekh (Forex) has a workforce of 5 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parekh (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 Parekh (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 Parekh (Forex)

Recent activity within the organization

  • Annual General Meeting

    Parekh (Forex) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Parekh (Forex) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Preena Shaun Sokhi was appointed as a Director was appointed as a Director on 15 Mar 2007 & has been associated with this company since 17 years 10 months .

    15 Mar 2007

  • Director Appointment

    Atul Shankarlal Parekh was appointed as a Director was appointed as a Director on 24 Mar 1995 & has been associated with this company since 29 years 10 months .

    24 Mar 1995

  • Company Incorporation

    Parekh (Forex) Private Limited was registered on 24 Mar 1995 with Roc Mumbai & aged 29 years 10 months as per MCA records.

    24 Mar 1995

Frequently asked questions

  • Parekh (Forex) Private Limited was incorporated on 24 Mar 1995.

  • The authorized share capital of Parekh (Forex) Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.50 M.

  • Currently 2 directors are associated with Parekh (Forex) Private Limited.

    • Atul Shankarlal Parekh
    • Preena Shaun Sokhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parekh (Forex) Private Limited is 33 3Rd Floor Plot 91 1 Nanik Niwas Bhulabhai Desai Road Omer Park Cumball A Hill, India, Mumbai, Maharashtra, 400026.

  • The corporate identification number (CIN) of Parekh (Forex) Private Limited is U74999MH1995PTC086767 and the company number is 086767 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parekh (Forex) Private Limited has fallen by -89.72%.

  • As Per 2023 financial reports, 5 employees are currently employed by Parekh (Forex) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Parekh (Forex) Private Limited has experienced an downturn of -2.73%.

  • The most recent Balance Sheet for Parekh (Forex) Private Limited was filed with the ROC on 31 Mar 2023.

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