Patel Forex Private Limited

Provides forex transaction services for clients.

2007 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 17, 2024

Patel Forex Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 18 Year, 29 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -52.07%
  • Profit Growth -5565.86%
  • Ebitda -1192.75%
  • Net Worth -8.75%
  • Total Assets -18.77%

About Patel Forex

Patel Forex Private Limited (PFPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 January 2007 and has a history of 18 years. Its registered office is in Ahmedabad, Gujarat, 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 2.50 M and a paid-up capital of Rs 2.50 M, as per Ministry of Corporate Affairs (MCA) records.

Alpeshkumar Patel and Sanjay Patel serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U67120GJ2007PTC049889

  • Company No.

    049889

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Jan 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

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

Financial Performance of Patel Forex.

Patel Forex Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 52.07% decrease. The company also saw a substantial fall in profitability, with a 5565.86% decrease in profit. The company's net worth dipped by a decrease of 8.75%.

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
-52.07%
Revenue from Operations
-52.06%
Total Assets
-18.77%
Profit or Loss
-5565.86%
Net Worth
-8.75%
EBITDA
-1192.75%

What is the Ownership and Shareholding Structure of Patel Forex?

In 2020, Patel 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 Patel Forex?

Unlock and access historical data on people associated with Patel 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 Patel 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 Patel 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 Patel Forex

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Patel Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Alpeshkumar Prahladbhai Patel was appointed as a Director was appointed as a Director on 29 Jan 2007 & has been associated with this company since 18 years 29 days .

    29 Jan 2007

  • Director Appointment

    Sanjay Tansukhbhai Patel was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 29 Jan 2007 & has been associated with this company since 18 years 29 days .

    29 Jan 2007

  • Company Incorporation

    Patel Forex Private Limited was registered on 29 Jan 2007 with Roc Ahmedabad & aged 18 years 29 days as per MCA records.

    29 Jan 2007

Frequently asked questions

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

    Patel Forex Private Limited was incorporated on 29 Jan 2007.

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

    The authorized share capital of Patel Forex Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

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

    Currently 2 directors are associated with Patel Forex Private Limited.

    • Alpeshkumar Prahladbhai Patel
    • Sanjay Tansukhbhai Patel
  • What is the registered address of Patel Forex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Patel Forex Private Limited is Fifth Floor- 523 Satya-2 Complex Opp Ranna Park Bus Stop, Ghatlodiya India, Ahmedabad, Gujarat, 380013.

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

    The corporate identification number (CIN) of Patel Forex Private Limited is U67120GJ2007PTC049889 and the company number is 049889 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2020, the revenue trend for Patel Forex Private Limited has fallen by -52.07%.

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

    The financial reports for the fiscal year 2020 indicates that The net worth of Patel Forex Private Limited has experienced an downturn of -8.75%.

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

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