Relcon Forex Private Limited

Provides foreign exchange services such as currency exchange, travel cards, and remittances.

2015 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Relcon Forex Profile

Key Indicators

  • Authorised Capital ₹ 4.95 M
  • Paid Up Capital ₹ 4.95 M
  • Company Age 9 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -81.20%
  • Profit Growth -88.18%
  • Ebitda -46.94%
  • Net Worth 5.22%
  • Total Assets 0.89%

About Relcon Forex

Relcon Forex Private Limited (RFPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 July 2015 (Nine years and six months 29 days old ). Its registered office is in Mumbai, Maharashtra, 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 4.95 M and a paid-up capital of Rs 4.95 M, as per Ministry of Corporate Affairs (MCA) records.

Saurabh Parekh and Raunak Parekh serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    relconforex.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2015PTC266749

  • Company No.

    266749

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jul 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Relcon Forex Private Limited offer?

Relcon Forex Private Limited offers a wide range of products and services, including Banks and Banking Services, Banking Service.

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

Board Members (2)

Name Designation Appointment Date Status
Saurabh Parekh Country flag representing In Director 21-Jul-2015 Current
Raunak Parekh Country flag representing In Director 27-Apr-2019 Current

Financial Performance of Relcon Forex.

Relcon Forex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 81.2% decrease. The company also saw a substantial fall in profitability, with a 88.18% decrease in profit. The company's net worth moved up by a moderate rise of 5.22%.

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
-81.20%
Revenue from Operations
-81.29%
Total Assets
0.89%
Profit or Loss
-88.18%
Net Worth
5.22%
EBITDA
-46.94%

What is the Ownership and Shareholding Structure of Relcon Forex?

In 2023, Relcon 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Relcon Forex?

Relcon Forex has a workforce of 20 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Relcon 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 Relcon 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 Relcon Forex

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Raunak Mukesh Parekh was appointed as a Director was appointed as a Director on 27 Apr 2019 & has been associated with this company since 5 years 9 months .

    27 Apr 2019

  • Director Appointment

    Saurabh Mukesh Parekh was appointed as a Director was appointed as a Director on 21 Jul 2015 & has been associated with this company since 9 years 6 months .

    21 Jul 2015

  • Company Incorporation

    Relcon Forex Private Limited was registered on 21 Jul 2015 with Roc Mumbai & aged 9 years 6 months as per MCA records.

    21 Jul 2015

Frequently asked questions

  • Relcon Forex Private Limited was incorporated on 21 Jul 2015.

  • The authorized share capital of Relcon Forex Private Limited is ₹ 4.95 M and paid-up capital is ₹ 4.95 M.

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

    • Saurabh Mukesh Parekh
    • Raunak Mukesh Parekh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Relcon Forex Private Limited is 20 Chandra Villa Nehru Road, Near Shiv Sagar Hotel India, Vile Parle East, Maharashtra, 400057.

  • The corporate identification number (CIN) of Relcon Forex Private Limited is U74999MH2015PTC266749 and the company number is 266749 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Relcon Forex Private Limited is https://www.relconforex.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Relcon Forex Private Limited has fallen by -81.20%.

  • As Per 2023 financial reports, 20 employees are currently employed by Relcon Forex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Relcon Forex Private Limited has experienced an upsurge of 5.22%.

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

People also Viewed

Similar Companies Based on Forex Services