Provestment Forex Private Limited

Specializes in foreign exchange services.

1995 | New Delhi (India) | Active
Last Updated: October 24, 2024

Provestment Forex Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 6.58 M
  • Company Age 29 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.50 Cr
  • Revenue Growth 544.26%
  • Profit Growth 919.39%
  • Ebitda 637.26%
  • Net Worth -6.01%
  • Total Assets -5.72%

About Provestment Forex

Provestment Forex Private Limited (PFPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 August 1995 and has a history of 29 years and five months. Its registered office is in New Delhi, India.

The Corporate was formerly known as Provestment Leasing And Finance 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 2023. It's a company limited by shares with an authorized capital of Rs 7.00 M and a paid-up capital of Rs 6.58 M.

The company currently has active open charges totaling ₹1.50 Cr.

Praveen Bhatia and Vinod Ralhan serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1995PTC072027

  • Company No.

    072027

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Aug 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services

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

Board Members (2)

Name Designation Appointment Date Status
Vinod Ralhan Country flag representing In Director 29-Aug-1995 Current
Praveen Bhatia Country flag representing In Director 01-Jul-2023 Current

Financial Performance of Provestment Forex.

Provestment Forex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 544.26% increase. The company also saw a substantial improvement in profitability, with a 919.39% increase in profit. The company's net worth dipped by a decrease of 6.01%.

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
544.26%
Revenue from Operations
536.44%
Total Assets
-5.72%
Profit or Loss
919.39%
Net Worth
-6.01%
EBITDA
637.26%

What is the Ownership and Shareholding Structure of Provestment Forex?

In 2023, Provestment Forex had a promoter holding of 55.56% and a public holding of 44.44%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Punjab & Sind Bank : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
05 Dec 2007 Punjab & Sind Bank ₹1.50 Cr Open

How Many Employees Work at Provestment Forex?

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

Recent activity within the organization

  • Annual General Meeting

    Provestment Forex Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Praveen Bhatia was appointed as a Director was appointed as a Director on 01 Jul 2023 & has been associated with this company since 1 year 7 months .

    01 Jul 2023

  • Balance Sheet

    Provestment Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Punjab & Sind Bank amounted to Rs. 15.00 M with Charge ID 10080091 was registered on 05 Dec 2007.

    05 Dec 2007

  • Director Appointment

    Vinod Ralhan was appointed as a Director was appointed as a Director on 29 Aug 1995 & has been associated with this company since 29 years 5 months .

    29 Aug 1995

  • Company Incorporation

    Provestment Forex Private Limited was registered on 29 Aug 1995 with Roc Delhi & aged 29 years 5 months as per MCA records.

    29 Aug 1995

Recent News, Updates & Announcement

Frequently asked questions

  • Provestment Forex Private Limited was incorporated on 29 Aug 1995.

  • The authorized share capital of Provestment Forex Private Limited is ₹ 7.00 M and paid-up capital is ₹ 6.58 M.

  • Currently 2 directors are associated with Provestment Forex Private Limited.

    • Praveen Bhatia
    • Vinod Ralhan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Provestment Forex Private Limited is B-4 /148 C Safdarjung Enclave India, New Delhi, 110029.

  • The corporate identification number (CIN) of Provestment Forex Private Limited is U74899DL1995PTC072027 and the company number is 072027 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Provestment Forex Private Limited is https://www.provestment.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Provestment Forex Private Limited has risen by 544.26%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Provestment Forex Private Limited has experienced an downturn of -6.01%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Provestment Forex Private Limited amount to ₹ 1.50 Cr.

  • The most recent Balance Sheet for Provestment Forex Private Limited was filed with the ROC on 31 Mar 2023.

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