Pinnacle Forex & Securities Private Limited

Provides security brokerage services through online portal, offering equity, commodities, and NRI accounts.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: January 03, 2025

Pinnacle Forex & Securities Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.41 Cr
  • Company Age 16 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.50 M
  • Satisfied Charges ₹ 2.20 Cr
  • Revenue Growth 49.51%
  • Profit Growth 81.53%
  • Ebitda 48.64%
  • Net Worth 39.59%
  • Total Assets 3.77%

About Pinnacle Forex & Securities

Pinnacle Forex & Securities Private Limited (PFSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 December 2008 and has a history of 16 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Pinnacle Forex 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 6.00 Cr and a paid-up capital of Rs 4.41 Cr.

The company currently has active open charges totaling ₹3.50 M. The company has closed loans amounting to ₹2.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pradip Thakkar, Priti Thakkar, Arvind Vinchhivora, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pinnacletrades.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67110MH2008PTC188537

  • Company No.

    188537

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Dec 2008

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Pinnacle Forex & Securities?

Board Members (6)

NameDesignationAppointment DateStatus
Arvind Vinchhivora Country flag representing In Director 01-Jan-2009Current
Pradip Thakkar Country flag representing In Director 01-Dec-2008Current
Priti Thakkar Country flag representing In Director 01-Dec-2008Current
Nikhil Thakkar Country flag representing In Director 14-Jan-2009Current
Mehul Bhadra Country flag representing In Director 03-Oct-2011Current
Shreya Thakkar Country flag representing In Director 12-Apr-2024Current

Financial Performance of Pinnacle Forex & Securities.

Pinnacle Forex & Securities Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 49.51% increase. The company also saw a substantial improvement in profitability, with a 81.53% increase in profit. The company's net worth Soared by an impressive increase of 39.59%.

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
49.51%
Revenue from Operations
49.48%
Total Assets
3.77%
Profit or Loss
81.53%
Net Worth
39.59%
EBITDA
48.64%

What is the Ownership and Shareholding Structure of Pinnacle Forex & Securities?

In 2022, Pinnacle Forex & Securities had a promoter holding of 88.00% and a public holding of 12.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.35 Cr

Satisfied Charges

₹2.20 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
25 Apr 2024Hdfc Bank Limited₹1.80 MOpen
23 Jun 2022Hdfc Bank Limited₹1.70 MOpen
12 Jun 2013The Karur Vysya Bank Limited₹2.20 CrSatisfied

How Many Employees Work at Pinnacle Forex & Securities?

Pinnacle Forex & Securities has a workforce of 6 employees as of Apr 09, 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 Pinnacle Forex & Securities, 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 Pinnacle Forex & Securities'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 Pinnacle Forex & Securities

Recent activity within the organization

  • Annual General Meeting

    Pinnacle Forex & Securities Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100940927 was registered on 25 Apr 2024.

    25 Apr 2024

  • Director Appointment

    Shreya Pradip Thakkar was appointed as a Director was appointed as a Director on 12 Apr 2024 & has been associated with this company since 10 months 11 days .

    12 Apr 2024

  • Balance Sheet

    Pinnacle Forex & Securities Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100712553 was registered on 23 Jun 2022.

    23 Jun 2022

  • Charges

    A charge registered on 12 Jun 2013 via Charge ID 10534582 with The Karur Vysya Bank Limited was fully satisfied on 17 Oct 2016.

    17 Oct 2016

Frequently asked questions

  • Pinnacle Forex & Securities Private Limited was incorporated on 01 Dec 2008.

  • The authorized share capital of Pinnacle Forex & Securities Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.41 Cr.

  • Currently 6 directors are associated with Pinnacle Forex & Securities Private Limited.

    • Pradip Jamnadas Thakkar
    • Priti Pradip Thakkar
    • Arvind Murji Vinchhivora
    • Nikhil Ramesh Thakkar
    • Mehul Prakash Bhadra
    • Shreya Pradip Thakkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pinnacle Forex & Securities Private Limited is Office No A-1307 O2 Commercial Bldg Plot 23-24 Near Minerva Industrial Estate Mulund W Est, India, Mumbai, Maharashtra, 400080.

  • The corporate identification number (CIN) of Pinnacle Forex & Securities Private Limited is U67110MH2008PTC188537 and the company number is 188537 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pinnacle Forex & Securities Private Limited is https://www.pinnacletrades.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Pinnacle Forex & Securities Private Limited has risen by 49.51%.

  • As Per 2022 financial reports, 6 employees are currently employed by Pinnacle Forex & Securities Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Pinnacle Forex & Securities Private Limited has experienced an upsurge of 39.59%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Pinnacle Forex & Securities Private Limited amount to ₹ 3.50 M.

  • The most recent Balance Sheet for Pinnacle Forex & Securities Private Limited was filed with the ROC on 31 Mar 2024.

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