Prime Forex Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 9.00 M
- Company Age 18 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.07 M
- Revenue Growth 119.67%
- Profit Growth 159.71%
- Ebitda -129.81%
- Net Worth 28.69%
- Total Assets 24.18%
About Prime Forex
Prime Forex Private Limited (PFPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 August 2006 and has a history of 18 years and six months. Its registered office is in Chennai, Tamil Nadu, 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 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.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Financial Services
Prime Forex Private Limited
Explore comprehensive data for Prime Forex Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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.
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Charges (Loans)
Open Charges
₹0.71 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 0.71 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 May 2014 | Yes Bank Limited | ₹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.
Latest Updates, News, and FAQs on Prime Forex
Recent activity within the organization
- Annual General Meeting
Prime Forex Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Prime Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with Yes Bank Limited of Rs. 0.71 Cr registered on 05 May 2014 with Charge ID 10506062 was modified on 31 Mar 2022.
- Director Appointment
Ramaiah Alagappan was appointed as a Director was appointed as a Director on 27 Nov 2014 & has been associated with this company since 10 years 3 months .
- Charges
A charge with Yes Bank Limited amounted to Rs. 0.71 Cr with Charge ID 10506062 was registered on 05 May 2014.
- Director Appointment
Geetha Arun was appointed as a Director was appointed as a Director on 30 Mar 2012 & has been associated with this company since 12 years 11 months .
Frequently asked questions
What is the Incorporation or founding date of Prime Forex Private Limited?
Prime Forex Private Limited was incorporated on 22 Aug 2006.
What is authorized share capital and paid-up capital of Prime Forex Private Limited?
The authorized share capital of Prime Forex Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 9.00 M.
Who are the current board members & directors of Prime Forex Private Limited?
Currently 3 directors are associated with Prime Forex Private Limited.
- Loganathan Kandasamy Arun
- Geetha Arun
- Ramaiah Alagappan
What is the registered address of Prime Forex Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prime Forex Private Limited is Shop No.1 Ground Floor Challa Mall No.11 11A Sir Thyagaraya Road T. Nag Ar, India, Chennai, Tamil Nadu, 600017.
What is the corporate identification number (CIN) and company number of Prime Forex Private Limited?
The corporate identification number (CIN) of Prime Forex Private Limited is U65921TN2006PTC060958 and the company number is 060958 as per Ministry of Corporate Affairs (MCA).
What is the official website of Prime Forex Private Limited?
The Official website of Prime Forex Private Limited is https://www.primeforex.in
What has been the recent revenue trend for Prime Forex Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Prime Forex Private Limited has risen by 119.67%.
How many employees does Prime Forex Private Limited currently have?
As Per 2023 financial reports, 20 employees are currently employed by Prime Forex Private Limited.
What change has been observed in the net worth of Prime Forex Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Prime Forex Private Limited has experienced an upsurge of 28.69%.
What are the total open charges for Prime Forex Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Prime Forex Private Limited amount to ₹ 7.07 M.
When was the last Balance Sheet of Prime Forex Private Limited filed with the ROC?
The most recent Balance Sheet for Prime Forex Private Limited was filed with the ROC on 31 Mar 2023.
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