Precise Forex Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 3.30 M
- Company Age 17 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.06 M
- Revenue Growth -92.48%
- Profit Growth 23.37%
- Ebitda -100.90%
- Net Worth -7.02%
- Total Assets -33.77%
About Precise Forex
Precise Forex Private Limited (PFPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 November 2007 and has a history of 17 years and three months. Its registered office is in Hyderabad, Telangana, 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 3.30 M.
The company currently has active open charges totaling ₹6.06 M.
Ravi Kamala and Sainath Varakavi serve as directors at the Company.
Company Details
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Location
Hyderabad, Telangana, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U65929TG2007PTC056209
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Company No.
056209
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
06 Nov 2007
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Precise Forex?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravi Kamala
|
Director | 06-Nov-2007 | Current |
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Sainath Varakavi
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Director | 06-Nov-2007 | Current |
Financial Performance of Precise Forex.
Precise Forex Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 92.48% decrease. The company also saw a substantial improvement in profitability, with a 23.37% increase in profit. The company's net worth dipped by a decrease of 7.02%.
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What is the Ownership and Shareholding Structure of Precise Forex?
In 2019, Precise Forex had a promoter holding of 66.76% and a public holding of 33.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Veros Infra LlpSainath Varakavi is a mutual person
Charges (Loans)
₹6.06 M
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 0.45 Cr
- Hdfc Bank Limited : 0.16 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 May 2023 | Hdfc Bank Limited | ₹1.61 M | Open |
| 25 Jul 2009 | State Bank Of India | ₹0.45 M | Open |
| 26 Feb 2008 | State Bank Of India | ₹4.00 M | Open |
How Many Employees Work at Precise Forex?
Unlock and access historical data on people associated with Precise Forex, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Precise 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 Precise 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.
