Reddy Forex Private Limited

Specializes in foreign currency exchange and remittance services for individuals and businesses.

2000 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 30, 2024

Reddy Forex Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.55 M
  • Company Age 24 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.80 M
  • Revenue Growth -13.04%
  • Profit Growth 36.91%
  • Ebitda 194.00%
  • Net Worth -2.87%
  • Total Assets -43.22%

About Reddy Forex

Reddy Forex Private Limited (RFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 November 2000 and has a history of 24 years and two 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.55 M.

The company currently has active open charges totaling ₹4.80 M.

Abdul Samad and Durairaj Kumar serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U67200TN2000PTC046094

  • Company No.

    046094

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Nov 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

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

Board Members (2)

NameDesignationAppointment DateStatus
Abdul Samad Country flag representing In Director 22-Oct-2012Current
Durairaj Kumar Director 02-Sep-2024Current

Financial Performance of Reddy Forex.

Reddy Forex Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 13.04% decrease. The company also saw a substantial improvement in profitability, with a 36.91% increase in profit. The company's net worth dipped by a decrease of 2.87%.

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
-13.04%
Revenue from Operations
-13.03%
Total Assets
-43.22%
Profit or Loss
36.91%
Net Worth
-2.87%
EBITDA
194.00%

What is the Ownership and Shareholding Structure of Reddy Forex?

In 2019, Reddy Forex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 0.48 Cr

Latest Charge Details

DateLenderAmountStatus
31 Oct 2001Bank Of Baroda₹4.80 MOpen

How Many Employees Work at Reddy Forex?

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

Recent activity within the organization

  • Annual General Meeting

    Reddy Forex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Durairaj Udaya Kumar was appointed as a Director was appointed as a Director on 02 Sep 2024 & has been associated with this company since 4 months 29 days .

    02 Sep 2024

  • Balance Sheet

    Reddy Forex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Abdul Samad was appointed as a Director was appointed as a Director on 22 Oct 2012 & has been associated with this company since 12 years 3 months .

    22 Oct 2012

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 4.80 M with Charge ID 90284765 was registered on 31 Oct 2001.

    31 Oct 2001

  • Company Incorporation

    Reddy Forex Private Limited was registered on 10 Nov 2000 with Roc Chennai & aged 24 years 2 months as per MCA records.

    10 Nov 2000

Frequently asked questions

  • Reddy Forex Private Limited was incorporated on 10 Nov 2000.

  • The authorized share capital of Reddy Forex Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.55 M.

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

    • Abdul Samad
    • Durairaj Udaya Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Reddy Forex Private Limited is No.105 First Floor Challa Mall Complex 17 Thyagaraya Road, T Nagar India, Chennai, Tamil Nadu, 600017.

  • The corporate identification number (CIN) of Reddy Forex Private Limited is U67200TN2000PTC046094 and the company number is 046094 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Reddy Forex Private Limited is https://www.reddy-forex-private-limited.business.site

  • According to the financial reports for the fiscal year 2020, the revenue trend for Reddy Forex Private Limited has fallen by -13.04%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Reddy Forex Private Limited has experienced an downturn of -2.87%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Reddy Forex Private Limited amount to ₹ 4.80 M.

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

People also Viewed

Similar Companies Based on Forex Services