Prime Forex Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 23-10-2024
- Paid Up Capital ₹ 9.00 M
as on 23-10-2024
- Company Age 18 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.07 M
as on 23-10-2024
- Revenue 119.67%
(FY 2023)
- Profit 159.71%
(FY 2023)
- Ebitda -129.81%
(FY 2023)
- Net Worth 28.69%
(FY 2023)
- Total Assets 24.18%
(FY 2023)
About Prime Forex
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 3.00 Cr and a paid-up capital of Rs 9.00 M.
The company currently has active open charges totaling ₹7.07 M.
Loganathan Arun, Geetha Arun, and Ramaiah Alagappan serve as directors at the Company.
- CIN/LLPIN
U65921TN2006PTC060958
- Company No.
060958
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Aug 2006
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Prime Forex?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Loganathan Arun  | Managing Director | 22-Aug-2006 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Geetha Arun | Director | 30-Mar-2012 | Current |
| Ramaiah Alagappan | Director | 27-Nov-2014 | Current |
Financial Performance of Prime Forex.
Prime Forex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 119.67% increase. The company also saw a substantial improvement in profitability, with a 159.71% increase in profit. The company's net worth Soared by an impressive increase of 28.69%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prime Forex?
In 2023, Prime Forex had a public holding of 66.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Yes Bank Limited Creation Date: 05 May 2014 | ₹7.07 M | Open |
How Many Employees Work at Prime Forex?
Prime Forex has a workforce of 20 employees as of Apr 10, 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 Prime 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 Prime 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.
